Insolation Energy Ltd
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 ₹ 8,493 Cr.
- Current Price ₹ 4,077
- High / Low ₹ 4,750 / 595
- Stock P/E 83.5
- Book Value ₹ 81.4
- Dividend Yield 0.00 %
- ROCE 47.8 %
- ROE 68.5 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 57.4 days to 42.3 days
Cons
- Stock is trading at 50.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 215 | 279 | 737 | 1,071 | |
| 201 | 261 | 656 | 939 | |
| Operating Profit | 14 | 19 | 81 | 132 |
| OPM % | 6% | 7% | 11% | 12% |
| 0 | 1 | 4 | 3 | |
| Interest | 3 | 3 | 10 | 8 |
| Depreciation | 2 | 2 | 7 | 8 |
| Profit before tax | 9 | 14 | 68 | 119 |
| Tax % | 26% | 23% | 18% | |
| 7 | 11 | 55 | 102 | |
| EPS in Rs | 4.63 | 5.13 | 26.63 | 48.82 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
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| 3 Years: | % |
| TTM: | 142% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 382% |
| Stock Price CAGR | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 511% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
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| Last Year: | 69% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 15 | 21 | 21 | 21 |
| Reserves | 7 | 32 | 88 | 149 |
| 31 | 68 | 96 | 69 | |
| 16 | 38 | 58 | 130 | |
| Total Liabilities | 70 | 159 | 263 | 368 |
| 9 | 38 | 46 | 77 | |
| CWIP | 2 | 0 | 1 | 0 |
| Investments | 0 | 0 | 5 | 6 |
| 58 | 121 | 210 | 284 | |
| Total Assets | 70 | 159 | 263 | 368 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 9 | -1 | 61 | |
| -3 | -29 | -17 | |
| 2 | 45 | -9 | |
| Net Cash Flow | 8 | 15 | 35 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 28 | 37 | 26 |
| Inventory Days | 48 | 75 | 44 |
| Days Payable | 24 | 33 | 23 |
| Cash Conversion Cycle | 52 | 78 | 48 |
| Working Capital Days | 53 | 77 | 42 |
| ROCE % | 20% | 48% |
Documents
Announcements
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Voting Results Of 2Nd Extraordinary General Meeting (EGM) Of The Company For The Financial Year 2024-25
14 Nov - Voting results and scrutinizer report of EGM.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
14 Nov - Voting results and scrutinizer report of EGM.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
13 Nov - Summary of 2nd Extraordinary General Meeting proceedings.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
13 Nov - Insolation Green Energy awarded Rs. 71.4 crore order for solar modules.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Read with Para A Part A of Schedule III of the SEBI (LODR) Regulations, 2015, as amended, we hereby enclose the Copy of Newspaper Advertisement …
Market Position
The company is the 2nd largest North Indian manufacturer of solar panels, batteries, and inverters based in Jaipur, Rajasthan. [1]