Insolation Energy Ltd
Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW SPV Module manufacturing unit is located in Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery.[1]
- Market Cap ₹ 3,776 Cr.
- Current Price ₹ 1,813
- High / Low ₹ 1,877 / 118
- Stock P/E 548
- Book Value ₹ 25.8
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 17.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.5%
Cons
- Stock is trading at 70.4 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 28.4 to 35.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
88 | 163 | 215 | 259 | 286 | |
81 | 150 | 202 | 246 | 274 | |
Operating Profit | 7 | 13 | 14 | 12 | 12 |
OPM % | 8% | 8% | 6% | 5% | 4% |
0 | 0 | 0 | 1 | 2 | |
Interest | 2 | 2 | 3 | 3 | 3 |
Depreciation | 1 | 1 | 2 | 2 | 2 |
Profit before tax | 5 | 9 | 9 | 8 | 9 |
Tax % | 31% | 26% | 26% | 26% | |
3 | 7 | 7 | 6 | 7 | |
EPS in Rs | 12.36 | 27.60 | 4.63 | 2.95 | 3.30 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 43% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
TTM: | -25% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 1205% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 31% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 2 | 2 | 15 | 21 | 21 |
Reserves | 6 | 13 | 7 | 28 | 33 |
12 | 21 | 29 | 40 | 41 | |
6 | 14 | 16 | 16 | 37 | |
Total Liabilities | 26 | 50 | 67 | 104 | 132 |
8 | 10 | 9 | 8 | 7 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 2 | 5 | 5 |
19 | 40 | 56 | 91 | 120 | |
Total Assets | 26 | 50 | 67 | 104 | 132 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
4 | 1 | 10 | -20 | |
-2 | -4 | -1 | -0 | |
-1 | 2 | -3 | 30 | |
Net Cash Flow | 1 | -0 | 6 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 34 | 22 | 28 | 35 |
Inventory Days | 33 | 41 | 48 | 48 |
Days Payable | 21 | 29 | 24 | 19 |
Cash Conversion Cycle | 46 | 33 | 52 | 64 |
Working Capital Days | 51 | 59 | 54 | 70 |
ROCE % | 40% | 28% | 16% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On Friday, 17Th May, 2024 3h
- Material Events - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015 2 May
- Material Event - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015 15 Apr
- Business Growth - Consolidated Unaudited Revenue Of Rs. 738.80 Crores For The FY 2023-24 9 Apr
- Submission Of Compliance Certificate Under Regulation 40(9) & 40(10) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024: 9 Apr
Business segments[1]
i. Solar PV module manufacturing: 96.3% of FY22 revenue
ii. Solar Power Conditioning Unit (PCU) and Lead Acid Batteries trading: 3.27% of FY22 revenue