Insolation Energy Ltd

Insolation Energy Ltd

₹ 1,650 -3.16%
26 Apr - close price
About

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]

Key Points

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

  • Market Cap 3,437 Cr.
  • Current Price 1,650
  • High / Low 1,877 / 118
  • Stock P/E 163
  • Book Value 32.6
  • Dividend Yield 0.00 %
  • ROCE 19.6 %
  • ROE 28.5 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 50.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost

* 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Sep 2022 Mar 2023 Sep 2023
116 116 164 278
107 107 154 250
Operating Profit 8 8 10 28
OPM % 7% 7% 6% 10%
0 0 0 2
Interest 1 1 2 4
Depreciation 1 1 2 3
Profit before tax 6 6 8 22
Tax % 26% 26% 20% 33%
5 5 6 15
EPS in Rs 3.07 3.07 2.92 7.22
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
215 279 442
201 261 404
Operating Profit 14 19 38
OPM % 6% 7% 9%
0 1 2
Interest 3 3 6
Depreciation 2 2 5
Profit before tax 9 14 30
Tax % 26% 23%
7 11 21
EPS in Rs 4.63 5.13 10.14
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 91%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 130%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 1064%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 29%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 15 21 21
Reserves 7 32 47
31 68 70
16 38 79
Total Liabilities 70 159 217
9 38 37
CWIP 2 0 6
Investments 0 0 0
58 121 174
Total Assets 70 159 217

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
9 -1
-3 -29
2 45
Net Cash Flow 8 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 28 37
Inventory Days 48 75
Days Payable 24 33
Cash Conversion Cycle 52 78
Working Capital Days 53 77
ROCE % 20%

Shareholding Pattern

Numbers in percentages

12 Recently
Oct 2022Mar 2023Sep 2023Mar 2024
69.84% 69.89% 69.95% 69.98%
0.06% 0.00% 0.04% 0.00%
0.19% 0.00% 0.00% 0.00%
29.90% 30.11% 30.01% 30.01%
No. of Shareholders 1,4898921,1451,431

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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