Indosolar Ltd

Indosolar Ltd

₹ 3.30 -4.35%
24 Jun 2022
About

lndosolar Limited was incorporated in 2005. The company is a manufacturer of solar photovoltaic cells. The Company had shut down its production facilities and the company is under Corporate insolvency Resolution Process under insolvency and Bankruptcy Code. The registered office of the company is in New Delhi.[1][2]

Key Points

Products & Services
Cells:
The company offers multi-crystalline silicon cells under its Sona series, and the company offers mono-crystalline silicon cells under its Sapphire series.

Photovoltaic Modules:
The company provides PV modules for residential, commercial and utility-scale installations..

Solar Solutions:
The company offers reliable and innovative super solar solutions like Residential Rooftop Systems for Home, Solar Street Lightning, etc.[1][2][3]

  • Market Cap 123 Cr.
  • Current Price 3.30
  • High / Low /
  • Stock P/E 2.24
  • Book Value 0.98
  • Dividend Yield 0.00 %
  • ROCE 78.3 %
  • ROE 421 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 53.7% CAGR over last 5 years

Cons

  • Company's cost of borrowing seems high

* 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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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0 0 0 0 0 0 0 0 0 0 28 104 192
0 0 1 0 1 0 0 2 1 1 7 80 142
Operating Profit -0 -0 -1 -0 -1 -0 -0 -2 -1 -1 21 24 50
OPM % 76% 23% 26%
0 1,092 1 0 -4 0 0 0 1 0 1 0 1
Interest 0 0 0 0 1 1 2 2 3 3 4 5 2
Depreciation 2 0 0 0 3 1 1 1 1 1 8 9 9
Profit before tax -2 1,091 -1 -1 -8 -2 -3 -5 -5 -5 9 10 40
Tax % 0% 0% 0% 0% 3% 0% 0% 0% 0% 0% 0% 0% 0%
-2 1,091 -1 -1 -9 -2 -3 -5 -5 -5 9 10 40
EPS in Rs -0.06 29.32 -0.02 -0.01 -0.21 -0.06 -0.08 -0.12 -0.12 -0.12 0.23 0.25 0.97
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
16 296 258 442 314 13 0 0 0 0 0 324
44 248 248 368 336 38 2 1 8 2 4 229
Operating Profit -28 48 10 75 -21 -25 -2 -1 -8 -2 -4 95
OPM % -182% 16% 4% 17% -7% -186% -4,068% 29%
2 4 2 3 -60 -425 1 1 -107 1,089 1 1
Interest 81 103 126 106 54 51 0 0 0 1 8 14
Depreciation 30 27 27 29 28 24 7 7 7 4 5 27
Profit before tax -137 -78 -141 -58 -163 -525 -8 -8 -122 1,081 -15 55
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-137 -78 -141 -58 -163 -525 -8 -8 -122 1,081 -15 55
EPS in Rs -4.09 -2.18 -3.94 -1.62 -4.38 -14.11 -0.22 -0.21 -3.29 26.24 -0.37 1.33
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 1%
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 10%
5 Years: 54%
3 Years: 79%
TTM: 453%
Stock Price CAGR
10 Years: -14%
5 Years: 38%
3 Years: -3%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 421%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 335 358 358 358 372 372 372 372 372 42 42 42
Reserves -386 -465 -606 -667 -829 -1,354 -1,362 -1,370 -1,492 -41 -56 -1
1,013 987 965 942 820 829 41 829 829 60 99 50
198 244 385 483 380 412 1,200 407 408 4 65 150
Total Liabilities 1,161 1,125 1,102 1,116 744 259 252 238 116 65 150 241
492 470 445 452 427 154 147 140 82 48 47 122
CWIP 569 574 597 563 257 83 83 83 27 4 94 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
100 81 60 101 60 21 21 14 7 13 9 118
Total Assets 1,161 1,125 1,102 1,116 744 259 252 238 116 65 150 241

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-23 79 16 55 29 32 -1 -1 -0 -14 18 85
-4 -61 -2 -28 -8 -23 2 -1 0 -3 -56 -20
28 -10 -24 -21 -25 -12 -0 0 1 18 38 -53
Net Cash Flow 2 8 -9 6 -4 -2 1 -2 0 1 0 12

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 77 2 5 9 3 4 5
Inventory Days 1,080 41 50 45 35 112 138
Days Payable 415 21 82 34 82 1,787 154
Cash Conversion Cycle 742 22 -27 21 -43 -1,671 -10
Working Capital Days -6,507 -606 -1,032 -1,062 -955 -32,681 -36
ROCE % -6% 3% -2% 7% -9% -44% -11% 78%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15%
3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86%
No. of Shareholders 60,86860,86860,86860,86860,86860,86860,86860,86860,86860,86860,86860,868

Documents