INSOLATION ENERGY LIMITED (INA) financials

INSOLATION ENERGY LIMITED (INA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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: ₹1,581Cr.
Current Price: ₹71.7
Stock P/E: 418
ROE: 1.52%
ROCE: 2.40%
Book Value: ₹20.0
Dividend Yield: 0.00%
52W High / Low: ₹198/71.3

In Jun 2026, INSOLATION ENERGY LIMITED (INA) reported sales ₹12.19 Cr and net profit ₹-2.91 Cr.

Annual TTM: sales ₹79.82 Cr, net profit ₹3.78 Cr.

Shareholding: Promoters 66.12% (Jun 2026), FIIs 0.84% (Jun 2026), DIIs 1.27% (Jun 2026), Public 31.75% (Jun 2026), No. of Shareholders 26,561% (Jun 2026).

INA quarterly results (₹ Cr.)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	22.82	34.59	30.39	34.75	13.09	19.79	12.19
Expenses	23.41	33.76	28.37	30.69	8.58	22.84	13.73
Operating Profit	-0.59	0.83	2.02	4.06	4.51	-3.05	-1.54
OPM %	-2.59%	2.40%	6.65%	11.68%	34.45%	-15.41%	-12.63%
Other Income	3.19	3.17	-0.28	4.29	1.56	2.01	0.75
Interest	0.67	0.91	0.49	0.69	0.71	0.69	0.65
Depreciation	0.55	0.58	0.52	0.78	0.96	0.93	1.10
Profit before tax	1.38	2.51	0.73	6.88	4.40	-2.66	-2.54
Tax %	-23.19%	67.33%	34.25%	24.42%	24.77%	-31.95%	14.57%
Net Profit	1.70	0.82	0.48	5.20	3.30	-1.81	-2.91
EPS in Rs	0.08	0.04	0.02	0.24	0.15	-0.08	-0.13
Raw PDF	—	—	—	—	—	—	—

INA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	88.28	162.63	215.38	258.66	229.28	112.99	98.01	79.82
Expenses	81.04	149.91	201.50	246.42	224.91	111.24	90.38	75.84
Operating Profit	7.24	12.72	13.88	12.24	4.37	1.75	7.63	3.98
OPM %	8.20%	7.82%	6.44%	4.73%	1.91%	1.55%	7.78%	4.99%
Other Income	0.04	0.04	0.06	0.64	3.80	9.63	7.58	8.61
Interest	1.56	2.09	2.63	2.89	2.83	2.59	2.66	2.74
Depreciation	1.20	1.40	1.97	1.67	1.39	2.12	3.19	3.77
Profit before tax	4.52	9.27	9.34	8.32	3.95	6.67	9.36	6.08
Tax %	31.42%	25.57%	25.80%	26.20%	27.59%	28.94%	23.18%	—
Net Profit	3.09	6.90	6.94	6.15	2.87	4.75	7.18	3.78
EPS in Rs	0.21	0.46	0.46	0.30	0.14	0.22	0.33	0.18
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	46.38%	0.00%	—

INA balance sheet (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	2.50	2.50	15.00	20.83	20.83	22.03	22.04
Reserves	5.80	12.70	7.13	27.51	30.36	413.65	419.82
Borrowings	12.36	20.92	28.63	39.69	34.31	30.44	57.80
Other Liabilities	5.77	14.33	15.93	16.03	9.60	20.37	44.39
Total Liabilities	26.43	50.45	66.69	104.06	95.10	486.49	544.05
Fixed Assets	7.87	10.08	9.04	7.60	6.70	14.61	39.30
CWIP	0.00	0.00	0.00	0.00	0.43	0.20	0.75
Investments	0.00	0.00	1.81	5.00	7.62	79.13	387.37
Other Assets	18.56	40.37	55.84	91.46	80.35	392.55	116.63
Total Assets	26.43	50.45	66.69	104.06	95.10	486.49	544.05

INA cash flows (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	3.86	1.32	9.90	-19.89	29.22	-22.85	-0.41
Cash from Investing Activity	-1.93	-3.61	-0.94	-0.24	-22.60	-363.15	-21.72
Cash from Financing Activity	-1.41	1.84	-2.63	29.88	-5.40	369.12	23.41
Net Cash Flow	0.52	-0.45	6.32	9.75	1.22	-16.88	1.27
Free Cash Flow	1.93	-2.29	8.95	-20.13	28.30	-26.06	-28.69
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	53%	10%	71%	-162%	738%	-1,205%	-2%

INA shareholding pattern (%)
Category	Sep 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Sep 2025	Mar 2026	Jun 2026
Promoters	69.95%	69.98%	70.04%	66.22%	66.01%	66.10%	66.12%	66.12%
FIIs	0.04%	0.00%	0.59%	1.36%	0.94%	0.79%	1.09%	0.84%
DIIs	0.00%	0.00%	0.00%	0.15%	0.42%	0.55%	0.74%	1.27%
Public	30.01%	30.01%	29.37%	32.27%	32.63%	32.55%	32.05%	31.75%
No. of Shareholders	1,145	1,431	2,942	3,868	5,271	10,275	15,112	26,561

INA key ratios
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	33.53	21.99	27.98	35.19	23.29	103.76	181.92
Inventory Days	33.25	40.69	48.11	48.39	27.16	86.74	69.53
Days Payable	20.60	29.26	23.99	19.15	15.00	56.62	179.45
Cash Conversion Cycle	46.18	33.43	52.09	64.44	35.45	133.88	72.01
Working Capital Days	23.40	28.73	16.93	41.57	-7.20	66.45	132.80
ROCE %	—	40.01%	27.62%	16.17%	7.65%	3.35%	2.40%

INAUpdated 19 Oct 2026, 9:37

Insolation Energy Limited

INAUpdated 19 Oct 2026, 9:37

Market Cap

₹1,581Cr.

Current Price

₹71.7

High / Low

₹198/71.3

Stock P/E

418

ROE1.52%

ROCE2.40%

Book Value₹20.0

Face Value₹1.00

Dividend Yield0.00%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Dec 2024	22.82	0.67	23.41	3.19	0.55	1.38	-23.19	1.7	0.08
Mar 2025	34.59	0.91	33.76	3.17	0.58	2.51	67.33	0.82	0.04
Jun 2025	30.39	0.49	28.37	-0.28	0.52	0.73	34.25	0.48	0.02
Sep 2025	34.75	0.69	30.69	4.29	0.78	6.88	24.42	5.2	0.24
Dec 2025	13.09	0.71	8.58	1.56	0.96	4.4	24.77	3.3	0.15
Mar 2026	19.79	0.69	22.84	2.01	0.93	-2.66	-31.95	-1.81	-0.08
Jun 2026	12.19	0.65	13.73	0.75	1.1	-2.54	14.57	-2.91	-0.13

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2020	88.28	1.56	81.04	0.04	1.2	4.52	31.42	3.09	0.21
Mar 2021	162.63	2.09	149.91	0.04	1.4	9.27	25.57	6.9	0.46
Mar 2022	215.38	2.63	201.5	0.06	1.97	9.34	25.8	6.94	0.46
Mar 2023	258.66	2.89	246.42	0.64	1.67	8.32	26.2	6.15	0.3
Mar 2024	229.28	2.83	224.91	3.8	1.39	3.95	27.59	2.87	0.14
Mar 2025	112.99	2.59	111.24	9.63	2.12	6.67	28.94	4.75	0.22
Mar 2026	98.01	2.66	90.38	7.58	3.19	9.36	23.18	7.18	0.33
TTM	79.82	2.74	75.84	8.61	3.77	6.08	—	3.78	0.18

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	66.12%
FIIs	0.84%
DIIs	1.27%
Public	31.75%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Oct 2022	69.84%	0.06%	0.19%	29.9%
Mar 2023	69.89%	0%	0%	30.11%
Sep 2023	69.95%	0.04%	0%	30.01%
Mar 2024	69.98%	0%	0%	30.01%
Sep 2024	70.04%	0.59%	0%	29.37%
Dec 2024	66.22%	1.36%	0.15%	32.27%
Mar 2025	66.01%	0.94%	0.42%	32.63%
Sep 2025	66.1%	0.79%	0.55%	32.55%
Mar 2026	66.12%	1.09%	0.74%	32.05%
Jun 2026	66.12%	0.84%	1.27%	31.75%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2020	2.5	5.8	12.36	5.77	26.43	7.87	0	0	18.56	26.43
Mar 2021	2.5	12.7	20.92	14.33	50.45	10.08	0	0	40.37	50.45
Mar 2022	15	7.13	28.63	15.93	66.69	9.04	0	1.81	55.84	66.69
Mar 2023	20.83	27.51	39.69	16.03	104.06	7.6	0	5	91.46	104.06
Mar 2024	20.83	30.36	34.31	9.6	95.1	6.7	0.43	7.62	80.35	95.1
Mar 2025	22.03	413.65	30.44	20.37	486.49	14.61	0.2	79.13	392.55	486.49
Mar 2026	22.04	419.82	57.8	44.39	544.05	39.3	0.75	387.37	116.63	544.05

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2020	3.86	-1.93	-1.41	0.52
Mar 2021	1.32	-3.61	1.84	-0.45
Mar 2022	9.9	-0.94	-2.63	6.32
Mar 2023	-19.89	-0.24	29.88	9.75
Mar 2024	29.22	-22.6	-5.4	1.22
Mar 2025	-22.85	-363.15	369.12	-16.88
Mar 2026	-0.41	-21.72	23.41	1.27

Key ratios

Historical financial ratios

Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	33.53	21.99	27.98	35.19	23.29	103.76	181.92
Inventory Days	33.25	40.69	48.11	48.39	27.16	86.74	69.53
Days Payable	20.60	29.26	23.99	19.15	15.00	56.62	179.45
Cash Conversion Cycle	46.18	33.43	52.09	64.44	35.45	133.88	72.01
Working Capital Days	23.40	28.73	16.93	41.57	-7.20	66.45	132.80
ROCE %	—	40.01%	27.62%	16.17%	7.65%	3.35%	2.40%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INSOLATION ENERGY LIMITED (INA)?

The reported market capitalisation for INSOLATION ENERGY LIMITED (INA) is ₹1,581Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of INA?

The current price shown for INSOLATION ENERGY LIMITED (INA) on Fincrux is ₹71.7 with a 52-week high/low of ₹198/71.3.

What is the P/E ratio of INSOLATION ENERGY LIMITED (INA)?

The stock P/E for INSOLATION ENERGY LIMITED (INA) is 418 on Fincrux, with ROE at 1.52% and ROCE at 2.40%.

What were INA latest quarterly results?

For Jun 2026, INSOLATION ENERGY LIMITED (INA) reported sales ₹12.19 Cr and net profit ₹-2.91 Cr (figures in ₹ crore unless noted).

What are INA annual sales and net profit?

For TTM, INSOLATION ENERGY LIMITED (INA) shows sales of ₹79.82 Cr and net profit of ₹3.78 Cr on the Fincrux profit & loss statement.

Who owns INSOLATION ENERGY LIMITED (INA)?

Latest shareholding for INSOLATION ENERGY LIMITED (INA) on Fincrux: Promoters 66.12% (Jun 2026), FIIs 0.84% (Jun 2026), DIIs 1.27% (Jun 2026), Public 31.75% (Jun 2026), No. of Shareholders 26,561% (Jun 2026).

Where can I find INSOLATION ENERGY LIMITED (INA) financials?

INSOLATION ENERGY LIMITED (INA) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show INA balance sheet and cash flow?

Yes. The INSOLATION ENERGY LIMITED (INA) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 19 October 2026 at 9:37