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Insolation Energy Ltd

Insolation Energy Ltd

INA | 543620

121.29

-3.64 (-2.91%)

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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High131.52
    Today's Low122
    Open124
    Previous Close124.93
    Volume22232334
    Total Traded Value High2801773925.82

    Overview

    Insolation Energy Limited was originally incorporated as a Private Limited Company at Jaipur, Rajasthan in the name of 'Insolation Energy Private Limited' on October 15, 2015. Subsequently, the status of the Company converted into Public Limited Company vide Shareholders' Resolution on December 24, 2021 and name of the Company was changed to 'Insolation Energy Limited' dated February 7, 2022. Company is promoted and managed by Mr. Manish Gupta and Mr. Vikas Gupta. Company commands a prominent position as the largest solar panel, battery, and inverter manufacturer in North India, rooted in Jaipur, Rajasthan. At present, the combined production capacity of both the units of the Company is 950 MW annually. Incorporating a strategic blend of excellence and eciency, the Company present a distinguished portfolio of high-quality, High-Efficiency Solar Panels, along with top-notch Batteries and PC offerings. As a holistic purveyor of solar energy solutions, it integrates engineering, procurement, and commissioning services (EPC), alongside an array of Original Equipment Manufacturing (OEM) services. The Company is engaged in manufacturing of solar panels and modules of high efficiency of various sizes as per demand in the market from its fully automatic a state-of-the-art 200 MW (Rated Installed Capacity) SPV Module manufacturing unit located at Jaipur, Rajasthan spread in more than 1,90,000 sq. ft. area with latest machinery and stringent quality assurance process which delivers quality solar PV module. In addition to the manufacture of solar PV modules, Company also trades in Solar Power Conditioning Unit (PCU) which uses solar energy and power from the grid to charge batteries and tall tabular Lead Acid Batteries which are used to store energy generated from the solar panels. It is an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services to their customers. The solar PV modules are currently manufactured using both polycrystalline and Mono-PERC crystalline cell technology. Besides, the portfolio of solar energy products consists of the following solar PV modules which includes bifacial (glass - to - Transparent back sheet modules) and are differentiated on the basis of solar PV module technology and type as well as cell size such as, polycrystalline modules; and monocrystalline passivated emitter and rear cell (Mono PERC) modules. The Company established a geographically diversified presence in India through an extensive distributor network of over 30 distributors. The local presence and distributor network along with their brand recognition, should ensure that it is well-placed to serve this growing market. In India, the Company also has developed a significant client base purchasing their solar PV modules and EPC services, including domestic customers like Livguard Energy Technologies Pvt. Ltd., Livfast Batteries Pvt. Ltd., Shakti Pumps India Ltd., Microtek international P. Ltd., Zunroof Tech Pvt. Ltd. etc. In June 2016, the Company received factory licence for manufacturing unit located at Village-Bagwada, in Jaipur. In March 2017, their operations of manufacturing solar panels commenced. In 2020, Company diversified into the area of Solar Power Pack and launched Solar Tubular / Li-ion Batteries and Solar PCU, which are designed after thorough market inputs and best available techniques. This Solar Combo offering with adequate storage is fast gaining popularity and helping the home office and home education community in cities, towns and villages. In 2020-21, the Company formed a wholly owned subsidiary in the name of Insolation Green Energy Private Limited (IGEPL) on August 28, 2021 with an object of setting up solar PV module manufacturing unit with the proposed annual installed capacity of 500MW in two phases. In December 2021, the rated installed capacity of the Company increased from 80 MW to 200 MW. Apart from these, the Company has obtained certifications such as ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, BIS-IS:14286 etc. The Company made an Initial Public Issue with the allotment of 58,32,000 Equity Shares by raising funds aggregating to Rs. 22.16 Crore in September, 2022. In 2023-24, Company launched N Type Cell Topcon, as a new technology. The Module Manufacturing capacity increased to 250 MW. The Company became the 1st Company with complete automated machinery process through its latest technology installed wholly owned subsidiary company. Company embarked on a project for the construction of new manufacturing plant for 4. 5 GW Solar Cell Manufacturing in FY 2025.

    Sector & Industry

    Capital Goods - Electrical Equipment - Electric Equipment - General - Medium / Small

    Listing Exchange

    National Stock Exchange (NSE)

    Bombay Stock Exchange (BSE)

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation₹5,706.88
    Price to Book (PB)9.26
    Price to Earnings (PE)45.20
    Return on Equity (ROE)34.82%
    Earnings Per Share (EPS)5.73
    Dividend Yield0.04%

    Financial Performance

    396.77
    361.89
    414.86
    575.34
    793.93
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26

    Shareholding Pattern

    66.02%
    66.10%
    66.12%
    66.12%
    Mar
    '25
    Sep
    '25
    Feb
    '26
    Mar
    '26

    Technicals

    Price-based indicators and levels

    Indicators

    INDICATORVALUESIGNAL
    Relative Strength Index (RSI)+58.68Neutral
    MACD-1.50Bearish

    Support and Resistance Levels

    R3139.82
    R2135.67
    R1130.30
    S1120.78
    S2116.63
    S3111.26

    Moving Averages

    PERIODSMAEMA
    20D Moving Average115.53116.98
    50D Moving Average124.85118.11
    200D Moving Average219.25119.52

    News

    Hot Pursuit

    Insolation Energy spurts on securing Rs 558-cr order from NTPC Renewable Energy

    9 Jul 2026

    Insolation Energy zoomed 11.44% to Rs 120.80 after it has received a contract worth Rs 558.29 crore, from NTPC Renewable Energy, a wholly owned subsidiary of NTPC.

    The order involves the supply of solar photovoltaic (PV) modules and is scheduled to be executed during the financial year 2026-27. The company said the contract has been awarded by a domestic entity and pertains to the supply of solar PV modules. Insolation Energy confirmed that the promoter group or group companies have no interest in the awarding entity and the order does not fall under related party transactions. Insolation Energy is mainly engaged in the business of manufacturing of Solar Panels in the brand name of INA. The company's consolidated net profit jumped 64.8% to Rs 69.84 crore on 100.1% rise in revenue from operations to Rs 793.93 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live News

    Corporate News

    Insolation Green Energy wins Rs 558.29 cr order from NTPC Renewable Energy

    9 Jul 2026

    For supply of solar PV modules

    Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has been awarded a contract amounting to Rs 558.29 crore by NTPC Renewable Energy, a wholly owned subsidiary of NTPC for supply of solar PV modules.

    Insolation Energy allots 54,750 equity shares under ESOP

    25 May 2026

    Insolation Energy has allotted 54,750 equity shares under ESOP on 25 May 2026. Pursuant to the aforesaid allotment of equity shares, the issued and paid-up equity share capital of the Company stands increased from 22,03,94,625 divided into 22,03,94,625 equity shares of the face value of Re.1/- each to Rs. 22,04,49,375 divided into 22,04,49,375 equity shares of the face value of Re.1/- each.

    Insolation Energy to conduct board meeting

    19 May 2026

    On 25 May 2026

    Insolation Energy will hold a meeting of the Board of Directors of the Company on 25 May 2026.

    Insolation Energy to conduct board meeting

    12 May 2026

    On 15 May 2026

    Insolation Energy will hold a meeting of the Board of Directors of the Company on 15 May 2026.

    Insolation Energy announces board meeting date

    10 Feb 2026

    On 12 February 2026

    Insolation Energy will hold a meeting of the Board of Directors of the Company on 12 February 2026. Powered by Capital Market - Live News

    Insolation Green Energy signs MoU with Bondada Engineering

    16 Jan 2026

    For supply of solar Modules under ALMM-1 and ALMM - II Bondada's upcoming solar projects

    Insolation Green Energy, a wholly owned subsidiary of Insolation Energy signed a Memorandum of Understanding (MOU) with Bondada Engineering for supply of solar Modules under ALMM-1 and ALMM - II (Make in India Solar Cell and Solar Module) for the calendar years start from January, 2027 to December, 2028. Under the said MOU, Insolation Green Energy shall be the priority supplier of solar modules to Bondada Engineering for its upcoming solar projects. The MOU has been executed in anticipation of the upcoming ALMM - II which allows secure supply of solar modules from Insolation Green Energy to Bondada Engineering. Powered by Capital Market - Live News

    Results - Announcements

    Insolation Energy consolidated net profit rises 64.76% in the March 2026 quarter

    26 May 2026

    Sales rise 100.10% to Rs 793.93 crore

    Net profit of Insolation Energy rose 64.76% to Rs 69.84 crore in the quarter ended March 2026 as against Rs 42.39 crore during the previous quarter ended March 2025. Sales rose 100.10% to Rs 793.93 crore in the quarter ended March 2026 as against Rs 396.77 crore during the previous quarter ended March 2025. For the full year,net profit rose 59.76% to Rs 200.63 crore in the year ended March 2026 as against Rs 125.58 crore during the previous year ended March 2025. Sales rose 60.90% to Rs 2146.02 crore in the year ended March 2026 as against Rs 1333.76 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 793.93 396.77 100 2146.02 1333.76 61 OPM % 13.94 14.46 - 13.38 12.20 - PBDT 101.25 56.19 80 281.08 164.35 71 PBT 86.29 53.21 62 245.29 153.05 60 NP 69.84 42.39 65 200.63 125.58 60 Powered by Capital Market - Live News

    Insolation Energy consolidated net profit rises 173.57% in the December 2025 quarter

    12 Feb 2026

    Sales rise 77.05% to Rs 575.34 crore

    Net profit of Insolation Energy rose 173.57% to Rs 50.72 crore in the quarter ended December 2025 as against Rs 18.54 crore during the previous quarter ended December 2024. Sales rose 77.05% to Rs 575.34 crore in the quarter ended December 2025 as against Rs 324.96 crore during the previous quarter ended December 2024. Particulars Quarter Ended Dec. 2025 Dec. 2024 % Var. Sales 575.34 324.96 77 OPM % 13.00 7.48 - PBDT 73.75 25.51 189 PBT 61.95 22.57 174 NP 50.72 18.54 174 Powered by Capital Market - Live News

    Insider Activity

    Acquisitions

    Vikas Jain Huf

    Promoter Group

    Acquired 20000 shares worth ₹21,16,900

    Reported on 25 Feb 2026

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 47000 shares worth ₹49,17,140

    Reported on 25 Feb 2026

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 3000 shares worth ₹5,84,000

    Reported on 12 Sept 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 3500 shares worth ₹7,26,935

    Reported on 9 Sept 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 4000 shares worth ₹8,68,000

    Reported on 19 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 7000 shares worth ₹15,72,000

    Reported on 7 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 3000 shares worth ₹6,57,000

    Reported on 7 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 9000 shares worth ₹20,17,650

    Reported on 5 Aug 2025

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 13000 shares worth ₹29,21,490

    Reported on 5 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 16000 shares worth ₹35,97,480

    Reported on 4 Aug 2025

    Mode: Market Purchase

    Vikas Jain

    Promoter & Director

    Acquired 17500 shares worth ₹38,30,080

    Reported on 2 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 22500 shares worth ₹48,97,500

    Reported on 2 Aug 2025

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 39000 shares worth ₹89,27,880

    Reported on 2 Aug 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 2000 shares worth ₹4,99,980

    Reported on 24 Jun 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 3000 shares worth ₹7,49,940

    Reported on 19 Jun 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 2000 shares worth ₹5,29,700

    Reported on 18 Jun 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 2000 shares worth ₹5,28,620

    Reported on 16 Jun 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 4000 shares worth ₹10,04,040

    Reported on 14 Jun 2025

    Mode: Market Purchase

    Manish Gupta Huf

    Promoter Group

    Acquired 11000 shares worth ₹25,18,670

    Reported on 30 May 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 14000 shares worth ₹32,16,000

    Reported on 29 May 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 1000 shares worth ₹2,52,300

    Reported on 17 Mar 2025

    Mode: Market Purchase

    Payal Gupta

    Promoter & Director

    Acquired 2000 shares worth ₹5,20,760

    Reported on 12 Mar 2025

    Mode: Market Purchase

    Payal Gupta

    Promoter & Director

    Acquired 500 shares worth ₹1,33,600

    Reported on 6 Mar 2025

    Mode: Market Purchase

    Payal Gupta

    Promoter & Director

    Acquired 3500 shares worth ₹9,11,750

    Reported on 5 Mar 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 2000 shares worth ₹5,03,650

    Reported on 3 Mar 2025

    Mode: Market Purchase

    Mahendra Kumar Jain

    Promoters Immediate Relative

    Acquired 3000 shares worth ₹7,35,000

    Reported on 29 Jan 2025

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 1500 shares worth ₹3,63,000

    Reported on 29 Jan 2025

    Mode: Market Purchase

    Mr. Ravi Dusad

    KMP

    Acquired 1000 shares worth ₹2,30,000

    Reported on 28 Jan 2025

    Mode: Market Purchase

    Vikas Jain Huf

    Promoter Group

    Acquired 1500 shares worth ₹3,95,325

    Reported on 28 Jan 2025

    Mode: Market Purchase

    Mrs. Ekta Jain

    Director

    Acquired 250 shares worth ₹6,98,700

    Reported on 16 Jan 2025

    Mode: Market Purchase

    VIKAS JAIN HUF

    Promoter Group

    Acquired 350 shares worth ₹11,70,200

    Reported on 7 Jan 2025

    Mode: Market Purchase

    Mr. Vikas Jain

    Promoter & Director

    Acquired 550 shares worth ₹18,39,850

    Reported on 7 Jan 2025

    Mode: Market Purchase

    Mr. Manish Gupta

    Promoter & Director

    Acquired 1450 shares worth ₹48,92,532

    Reported on 7 Jan 2025

    Mode: Market Purchase

    Mr. Kuljit Singh Popli

    Director

    Acquired 100 shares worth ₹3,64,000

    Reported on 18 Dec 2024

    Mode: Market Purchase

    Daksh Jain

    Designated Person

    Acquired 100 shares worth ₹2,96,000

    Reported on 8 Aug 2024

    Mode: Market Purchase

    Mahendra Kumar Jain

    Promoters Immediate Relative

    Acquired 500 shares worth ₹15,30,000

    Reported on 23 Jul 2024

    Mode: Market Purchase

    Vikas Jain

    Promoter & Director

    Acquired 200 shares worth ₹6,00,000

    Reported on 23 Jul 2024

    Mode: Market Purchase

    EKTA JAIN

    Director

    Acquired 200 shares worth ₹5,87,500

    Reported on 10 Jul 2024

    Mode: Market Purchase

    Vikas Jain

    Promoter & Director

    Acquired 100 shares worth ₹2,07,300

    Reported on 7 Jun 2024

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 2600 shares worth ₹54,31,010

    Reported on 29 May 2024

    Mode: Market Purchase

    EKTA JAIN

    Director

    Acquired 100 shares worth ₹2,09,000

    Reported on 28 May 2024

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 9000 shares worth ₹1,95,09,120

    Reported on 28 May 2024

    Mode: Market Purchase

    EKTA JAIN

    Director

    Acquired 100 shares worth ₹2,06,500

    Reported on 24 May 2024

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Directors Immediate Relative

    Acquired 1500 shares worth ₹22,17,075

    Reported on 12 Mar 2024

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Directors Immediate Relative

    Acquired 500 shares worth ₹6,75,050

    Reported on 28 Feb 2024

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Directors Immediate Relative

    Acquired 1000 shares worth ₹11,01,500

    Reported on 20 Feb 2024

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 1000 shares worth ₹11,47,500

    Reported on 7 Feb 2024

    Mode: Market Purchase

    Vikas Jain

    Promoter & Director

    Acquired 500 shares worth ₹5,23,250

    Reported on 7 Feb 2024

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN Revised

    Directors Immediate Relative

    Acquired 1000 shares worth ₹8,29,600

    Reported on 12 Jan 2024

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 6000 shares worth ₹23,79,878

    Reported on 3 Sept 2023

    Mode: Market Purchase

    Manish Gupta

    Promoter & Director

    Acquired 7000 shares worth ₹24,69,968

    Reported on 31 Aug 2023

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Directors Immediate Relative

    Acquired 3000 shares worth ₹3,86,450

    Reported on 11 Jun 2023

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Promoters Immediate Relative

    Acquired 3000 shares worth ₹3,59,400

    Reported on 17 Mar 2023

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Promoters Immediate Relative

    Acquired 3000 shares worth ₹3,59,400

    Reported on 15 Mar 2023

    Mode: Market Purchase

    MAHENDRA KUMAR JAIN

    Promoters Immediate Relative

    Acquired 6000 shares worth ₹7,34,850

    Reported on 15 Mar 2023

    Mode: Market Purchase

    Archana Jain

    Directors Immediate Relative

    Acquired 3000 shares worth ₹3,24,000

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Archana Jain

    Directors Immediate Relative

    Acquired 3000 shares worth ₹3,22,500

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Archana Jain

    Directors Immediate Relative

    Acquired 3000 shares worth ₹3,60,000

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Archana Jain

    Directors Immediate Relative

    Acquired 3000 shares worth ₹2,64,000

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Akhilesh Kumar Jain

    Director

    Acquired 3000 shares worth ₹3,38,850

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Akhilesh Kumar Jain

    Director

    Acquired 3000 shares worth ₹3,55,500

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Akhilesh Kumar Jain

    Director

    Acquired 3000 shares worth ₹2,32,500

    Reported on 28 Dec 2022

    Mode: Market Purchase

    Kuljit Singh Popli

    Director

    Acquired 6000 shares worth ₹6,36,000

    Reported on 27 Dec 2022

    Mode: Market Purchase

    Kuljit Singh Popli

    Director

    Acquired 6000 shares worth ₹4,56,600

    Reported on 27 Dec 2022

    Mode: Market Purchase

    Disposals

    Mr. Vikas Jain

    Promoter & Director

    Disposed 25000 shares worth ₹9,87,51,757

    Reported on 13 Dec 2024

    Mode: Market Sale

    Mr. Manish Gupta

    Promoter & Director

    Disposed 25000 shares worth ₹9,87,57,295

    Reported on 13 Dec 2024

    Mode: Market Sale

    DAKSH JAIN

    Designated Person

    Disposed 100 shares worth ₹3,25,000

    Reported on 9 Aug 2024

    Mode: Market Sale

    Vikas Jain

    Promoter & Director

    Disposed 500 shares worth ₹5,67,250

    Reported on 15 Feb 2024

    Mode: Market Sale

    Kuljit Singh Popli

    Director

    Disposed 1000 shares worth ₹3,92,650

    Reported on 11 Sept 2023

    Mode: Market Sale

    Kuljit Singh Popli

    Director

    Disposed 2000 shares worth ₹4,63,200

    Reported on 17 Aug 2023

    Mode: Market Sale

    MAHENDRA KUMAR JAIN

    Promoters Immediate Relative

    Disposed 3000 shares worth ₹7,34,850

    Reported on 17 Mar 2023

    Mode: Market Purchase

    Archana Jain

    Directors Immediate Relative

    Disposed 3000 shares worth ₹3,15,000

    Reported on 28 Dec 2022

    Mode: Market Sale

    Archana Jain

    Directors Immediate Relative

    Disposed 3000 shares worth ₹3,49,800

    Reported on 28 Dec 2022

    Mode: Market Sale