Indosolar Ltd

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

Indosolar Ltd

₹ 460 4.99%
08 Sep - close price
indosolar.co.in BSE: 533257 NSE: WAAREEINDO
About

Incorporated in 2005, lndosolar Ltd manufactures solar photovoltaic cells[1]

Key Points

Operational Status:[1][2]
Their manufacturing facility is located in Greater Noida, Uttar Pradesh which is closed since
15 May 2018. The company is yet to commence operations and is proposing to set up module manufacturing line at its premises at Noida.

Website BSE NSE - BE
  • Market Cap ₹ 1,912 Cr.
  • Current Price ₹ 460
  • High / Low ₹ 460 / 165
  • Stock P/E 10.8
  • Book Value ₹ 9.71
  • Dividend Yield 0.00 %
  • ROCE 77.0 %
  • ROE 420 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 53.6% CAGR over last 5 years

Cons

  • Stock is trading at 47.3 times its book value

* 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

Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment

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Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
0 0 0 0 0 0 0 0 0 28 104 192 195
0 1 0 1 0 0 2 1 1 7 80 142 131
Operating Profit -0 -1 -0 -1 -0 -0 -2 -1 -1 21 24 50 64
OPM % 76% 23% 26% 33%
1,092 1 0 -4 0 0 0 1 0 1 0 1 1
Interest 0 0 0 1 1 2 2 3 3 4 5 2 1
Depreciation 0 0 0 3 1 1 1 1 1 8 9 9 9
Profit before tax 1,091 -1 -1 -8 -2 -3 -5 -5 -5 9 10 40 55
Tax % 0% 0% 0% 3% 0% 0% 0% 0% 0% 0% 0% 0% -112%
1,091 -1 -1 -9 -2 -3 -5 -5 -5 9 10 40 117
EPS in Rs 29.32 -0.02 -0.01 -2.05 -0.57 -0.77 -1.21 -1.16 -1.20 2.28 2.46 9.62 28.07
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 TTM
16 296 258 442 314 13 0 0 0 0 0 324 518
44 248 248 368 336 38 2 1 8 2 1 229 359
Operating Profit -28 48 10 75 -21 -25 -2 -1 -8 -2 -1 95 159
OPM % -182% 16% 4% 17% -7% -186% -4,068% 29% 31%
2 4 2 3 -60 -425 1 1 -107 1,089 -2 1 3
Interest 81 103 126 106 54 51 0 0 0 1 8 14 11
Depreciation 30 27 27 29 28 24 7 7 7 4 5 27 36
Profit before tax -137 -78 -141 -58 -163 -525 -8 -8 -122 1,081 -15 55 115
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 55 177
EPS in Rs -4.09 -2.18 -3.94 -1.62 -4.38 -14.11 -0.22 -0.21 -3.29 259.87 -3.71 13.17 42.43
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: 78%
TTM: 1079%
Stock Price CAGR
10 Years: 49%
5 Years: 223%
3 Years: 418%
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 420%

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 60 102 50
198 244 385 483 380 412 1,200 407 408 4 63 150
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 -8,194 -714 -1,130 -1,110 -996 -33,663 -50
ROCE % -6% 3% -2% 7% -9% -44% -7% 77%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 96.15% 95.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05%
3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 3.86% 4.94%
No. of Shareholders 60,86860,86860,86860,86860,86860,86860,86860,86860,86860,86860,86873,141

* 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.

Documents

Announcements

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