Indosolar Ltd

Indosolar Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indosolar Ltd

₹ 3.30 -4.35%
24 Jun 2022
indosolar.co.in BSE: 533257 NSE: INDOSOLAR
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]

Website BSE NSE - BZ
  • Market Cap ₹ 123 Cr.
  • Current Price ₹ 3.30
  • High / Low ₹ /
  • Stock P/E
  • Book Value ₹ -0.24
  • Dividend Yield 0.00 %
  • ROCE -10.1 %
  • ROE %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.

* 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

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Quarterly Results

Figures in Rs. Crores

Sep 2020 Dec 2020 Mar 2021 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27.55
0.31 0.29 0.50 0.18 0.96 0.26 0.59 0.25 0.31 2.07 1.32 0.97 6.51
Operating Profit -0.31 -0.29 -0.50 -0.18 -0.96 -0.26 -0.59 -0.25 -0.31 -2.07 -1.32 -0.97 21.04
OPM % 76.37%
0.07 0.43 0.09 1,091.57 0.81 0.21 -3.84 0.06 0.04 0.09 0.67 0.10 0.60
Interest 0.00 0.00 0.00 0.00 0.00 0.00 1.10 1.08 1.82 1.87 3.00 3.36 3.89
Depreciation 1.79 1.79 1.79 0.50 0.50 0.50 2.76 1.12 1.12 1.18 1.17 0.75 8.27
Profit before tax -2.03 -1.65 -2.20 1,090.89 -0.65 -0.55 -8.29 -2.39 -3.21 -5.03 -4.82 -4.98 9.48
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-2.03 -1.64 -2.20 1,090.89 -0.64 -0.55 -8.53 -2.39 -3.21 -5.03 -4.82 -4.98 9.48
EPS in Rs -0.05 -0.04 -0.06 29.32 -0.02 -0.01 -0.21 -0.06 -0.08 -0.12 -0.12 -0.12 0.23
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
53.23 15.67 295.98 257.68 442.31 314.12 13.22 0.00 0.00 0.19 0.00 0.00 27.55
82.29 44.12 248.26 247.97 367.79 335.51 37.87 1.96 1.45 7.92 1.99 3.94 10.87
Operating Profit -29.06 -28.45 47.72 9.71 74.52 -21.39 -24.65 -1.96 -1.45 -7.73 -1.99 -3.94 16.68
OPM % -54.59% -181.56% 16.12% 3.77% 16.85% -6.81% -186.46% -4,068.42% 60.54%
3.51 2.43 3.92 2.04 2.97 -59.80 -425.30 0.81 0.65 -107.48 1,088.75 0.85 1.46
Interest 59.24 80.75 102.83 126.45 106.15 53.52 50.93 0.04 0.00 0.00 1.10 7.77 12.12
Depreciation 39.10 30.19 26.98 26.57 29.13 28.11 24.14 7.15 7.15 7.11 4.25 4.58 11.37
Profit before tax -123.89 -136.96 -78.17 -141.27 -57.79 -162.82 -525.02 -8.34 -7.95 -122.32 1,081.41 -15.44 -5.35
Tax % 0.00% 0.00% 0.00% 0.00% 0.24% 0.01% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00%
-123.89 -136.95 -78.17 -141.27 -57.93 -162.84 -525.01 -8.34 -7.95 -122.32 1,081.17 -15.44 -5.35
EPS in Rs -3.70 -4.09 -2.18 -3.94 -1.62 -4.38 -14.11 -0.22 -0.21 -3.29 26.24 -0.37 -0.13
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 7%
5 Years: 13%
3 Years: -61%
TTM: 51%
Stock Price CAGR
10 Years: -5%
5 Years: 28%
3 Years: -10%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2021 Mar 2023 Mar 2024 Sep 2024
Equity Capital 335.14 335.14 358.13 358.13 358.13 372.07 372.07 372.07 41.60 41.60 41.60
Reserves -249.06 -386.02 -464.65 -605.92 -666.65 -828.60 -1,353.55 -1,369.84 -40.53 -55.97 -51.47
921.31 1,012.97 987.10 964.84 942.29 819.86 828.68 828.70 63.05 101.69 165.85
134.69 198.48 244.20 385.12 482.61 380.39 411.66 406.70 1.21 62.81 66.31
Total Liabilities 1,142.08 1,160.57 1,124.78 1,102.17 1,116.38 743.72 258.86 237.63 65.33 150.13 222.29
521.80 491.62 469.93 445.48 452.25 426.54 154.44 140.14 48.11 47.46 138.66
CWIP 500.49 569.11 574.23 596.54 563.15 257.48 82.99 82.99 3.75 93.82 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
119.79 99.84 80.62 60.15 100.98 59.70 21.43 14.50 13.47 8.85 83.63
Total Assets 1,142.08 1,160.57 1,124.78 1,102.17 1,116.38 743.72 258.86 237.63 65.33 150.13 222.29

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-25.92 -22.71 79.03 16.18 54.62 29.23 32.45 -0.54 -0.60 -0.48 -14.36 18.31
-76.71 -3.68 -61.20 -1.77 -28.24 -8.00 -22.83 1.60 -1.09 0.15 -2.73 -56.09
96.55 28.14 -9.55 -23.89 -20.52 -24.94 -11.87 -0.02 0.00 0.57 17.70 37.85
Net Cash Flow -6.08 1.75 8.27 -9.49 5.86 -3.72 -2.25 1.04 -1.69 0.24 0.61 0.07

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 122.26 77.10 1.94 4.94 9.25 3.38 4.14
Inventory Days 310.83 1,080.00 40.89 50.20 45.08 34.89 112.00
Days Payable 332.65 414.71 20.79 82.43 33.71 81.62 1,787.46
Cash Conversion Cycle 100.44 742.39 22.03 -27.28 20.62 -43.35 -1,671.31
Working Capital Days -205.99 -6,507.34 -606.45 -1,031.88 -1,061.80 -955.19 -32,680.75
ROCE % -6.62% -5.71% 2.68% -1.84% 7.16% -9.06% -43.50% -10.13%

Shareholding Pattern

Numbers in percentages

Dec 2020Mar 2021Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
56.90% 56.90% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15%
1.31% 1.31% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
41.79% 41.79% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86%
No. of Shareholders 56,10856,77360,86860,86860,86860,86860,86860,86860,86860,86860,86860,868

* 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.

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Documents

Announcements

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