Insolation Energy Ltd
INAInsolation Energy Ltd
INAPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
— | 80.28 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
35.84 | 9.45 | 1.64% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Insolation Energy Limited is an India-based solar panel manufacturing company. The Company is engaged in the business of manufacturing solar panels and modules of various sizes as per the demand. It also trades in solar power conditioning units (PCU) and tall tabular lead acid batteries in combination with solar photo-voltaic (PV) module as a solar power generation system (SPGS). It is also an integrated solar energy solutions provider offering engineering, procurement and construction (EPC) services to its customers. Its solar PV modules are manufactured using both polycrystalline and monocrystalline passivated emitter and rear cell (Mono PERC) crystalline cell technology. Its products include solar module, solar power conditioning unit (PCU), solar battery and solar charge controller. It offers its products under the INA brand. Its projects include Bhilwara- 5 megawatts (MW), Ujjain 2.3 MW, Bhadla 1 MW, 700-kilowatt (kw) Commercial Roof Top Bhilwara and 425 kw DMRC-Delhi & Faridabad.
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2022 | FY 2023 | FY 2024 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 215.47 | 280.06 | 741.32 | — | ||||
Raw Materials | 180.05 | 245.27 | 609.74 | — | ||||
Power & Fuel Cost | 0.89 | 1.19 | 2.93 | |||||
Employee Cost | 4.53 | 5.84 | 13.73 | |||||
Selling & Administrative Expenses | 6.84 | 7.48 | 18.09 | |||||
Operating & Other expenses | 9.21 | 0.82 | 11.72 | |||||
EBITDA | 13.95 | 19.46 | 85.11 | — | ||||
Depreciation/Amortization | 1.97 | 2.35 | 7.09 | — | ||||
PBIT | 11.98 | 17.11 | 78.02 | — | ||||
Interest & Other Items | 2.63 | 3.31 | 10.49 | — | ||||
PBT | 9.35 | 13.80 | 67.53 | — | ||||
Taxes & Other Items | 2.41 | 3.11 | 12.06 | — | ||||
Net Income | 6.94 | 10.69 | 55.47 | — | ||||
EPS | 4.63 | 5.97 | 26.63 | — | ||||
DPS | 0.00 | 0.00 | 0.00 | — | ||||
Payout ratio | 0.00 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
Shareholdings
Promoter Holdings Trend
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Mar 2023
Sep 2023
Mar 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
INA has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
The MoU entails solar power generation (IPP), components manufacturing, EPC projects, and parks in state of Rajasthan. Insolation Energy is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's consolidated net profit zoomed 307.65% to Rs 61.27 crore on 119.83% increased in reveneue from operations to Rs 612.02 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live
Insolation Energy announced that Insolation Green Energy has been awarded a purchase order valued at Rs 71.40 crore for supply of solar PV modules by ACME Cleantech Solutions. Powered by Capital Market - Live
Insolation Energy announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 5 December 2024 .Powered by Capital Market - Live
Insolation Energy will hold a meeting of the Board of Directors of the Company on 5 November 2024Powered by Capital Market - Live
Insolation Energy will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
The key equity indices continued to trade with moderate losses in mid-afternoon trade. The Nifty traded below the 24,400 level. Private Bank shares declined after advancing in the past two trading session. At 14:30 IST, the barometer index, the S&P BSE Sensex slipped 430.04 points or 0.54% to 79,938.99. The Nifty 50 index fell 109.45 points or 0.45% to 24,357.45. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.23% and the S&P BSE Small-Cap index jumped 1.52%. The market breadth was strong. On the BSE, 2,844 shares rose and 995 shares fell. A total of 98 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 7.42% to 15.59. Economy: The Indian diaspora's confidence in the Indian economy has soared, as evidenced by the significant increase in Non-Resident Indian (NRI) deposits. According to the Reserve Bank of India's (RBI) latest monthly bulletin, inflows into NRI deposit schemes surged to $7.82 billion in the period of April-August 2024, more than double the $3.74 billion recorded in the same period last year. Both dollar-denominated (FCNR(B)) and rupee-denominated (NRE(RA)) deposits witnessed substantial growth. Among the various NRI deposit schemes, Foreign Currency Non-Resident (FCNR) deposits witnessed the highest inflow, attracting $3.47 billion during the period, compared to $1.55 billion in the corresponding period a year ago. These deposits, denominated in foreign currencies, offer security against currency fluctuations and provide attractive returns. Non-Resident External (NRE) deposits, which are rupee-denominated accounts, also saw a significant increase, with inflows of $2.51 billion during this period, compared to an inflow of $868 million in the corresponding period a year ago. Non-Resident Ordinary (NRO) deposits, which are also rupee-denominated, also saw inflows worth $1.84 billion from April-August, 2024, compared to $1.32 billion during the same period a year ago. This surge can be attributed to factors such as attractive returns in Indian markets, strong economic fundamentals, and a more stable domestic monetary policy environment compared to many global economies. With total outstanding NRI deposits reaching $158.94 billion as of August 2024, the Indian diaspora's continued trust in the country's economic prospects is evident. Buzzing Index: The Nifty Private Bank index fell 0.89% to 25,393. The index added 0.62% in the past two trading sessions. Axis Bank (down 1.53%), HDFC Bank (down 1.38%), ICICI Bank (down 1.33%), Kotak Mahindra Bank (down 1%) and Bandhan Bank (down 0.71%), City Union Bank (down 0.64%) declined. On the other hand, IndusInd Bank (up 2.76%), IDFC First Bank (up 2.49%) and Federal Bank (up 1.84%) added. Numbers to Track: The yield on India's 10-year benchmark federal paper advanced 1.55% to 6.953 as compared with previous close 6.961. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 84.0825, compared with its close of 84.0550 during the previous trading session. MCX Gold futures for 5 December 2024 settlement rose 0.44% to Rs 79,580. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.20% to 104.11. The United States 10-year bond yield declined 0.89% to 4.237. In the commodities market, Brent crude for November 2024 settlement added 85 cents or 1.20% to $71.97 a barrel. Stocks in spotlight: Insolation Energy surged 7.80% after the company announced that it has been awarded a contract worth Rs 500.50 crore by the Rajasthan Renewable Energy Corporation (RREC). Larsen & Toubro rose 0.71%. The company's Power Transmission & Distribution (PT&D) vertical won new 'major' orders in the Middle-East and Africa for expanding and strengthening the electricity grids at high-voltage levels. Powered by Capital Market - Live
The contract is for design, supply, erection, testing and commissioning including comprehensive operation and maintenance (O&M) for 25 years from the date of commissioning of rooftop solar (RTS) photovoltaic power projects on state government buildings/state government undertakings buildings in Rajasthan under hybrid annuity mode (HAM) for Ajmer, Jaipur and Kota Circle/Districts. This milestone contract for Rs 500.50 crore coupled with Rs 208.32 crore order from Zetwerk Manufacturing Business Private Limited represents a major leap in our performance, driven by our ability to consistently deliver results by back-to-back orders. These orders combined value of Rs 708.82 crore exceeds our entire sales of H1 FY 2024-25,' the company said in a statement. Insolation Energy is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's consolidated net profit surged 419.4% to Rs 55.47 crore on 163.9% jump in net sales to Rs 737.17 crore in FY24 over FY23. Powered by Capital Market - Live
Insolation Energy announced that its wholly owned subsidiary, Insolation Green Energy has been awarded purchase order for the supply of Solar PV Modules at NTPC Khavada Gujarat Site by Zetwerk Manufacturing Business. The value of the contract is Rs 208.31 crore. Powered by Capital Market - Live
The order entails supply of 550 WP SPV modules. The project is to be executed within fiscal year 2024-25. The size of contract is Rs 208,31,97,917. Insolation Energy is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's consolidated net profit surged 419.4% to Rs 55.47 crore on 163.9% jump in net sales to Rs 737.17 crore in FY24 over FY23. Powered by Capital Market - Live
Insolation Energy announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 November 2024 .Powered by Capital Market - Live
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant