Indosolar

₹208.46As of Sun 8 Nov 2026, 12:00 UTC

NSE:WAAREEINDOTechnology

Country India

PE (Fwd) 1.493

TSR 10Y CAGR —

Div yield —

ROE —

Solar

Beta (5Y) 0.78

PE TTM 3.517

TSR TTM (65.84%)

Mkt cap ₹8.577B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹236

13.42%

737.63%

Price below Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

6.798

Revenue₹B

—

3.239

6.798

9.615

672.91%

—

109.89

Revenue growth%

—

109.89

41.42

109.89

—

42.64

Gross margin%

—

100.00

—

32.99

42.64

47.47

42.64

—

34.53

Operating margin%

—

(7789.50)

—

20.91

34.53

41.34

20.91

—

36.27

Net margin%

—

(64208.82)

—

16.91

36.27

45.95

16.91

—

3.517

P/E ratio (avg)x

—

8.194

1.963

8.194

—

3.695

EV/EBITx

—

8.607

2.182

8.607

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

100

—

Return on equity%

—

Return on assets%

—

100

59.27

EPS₹

—

(329.00)

178.36

(3.71)

13.17

59.27

106.20

(30.73%)

—

350.15

EPS growth%

—

154.21

(102.08)

454.72

350.15

79.16

252.18

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

Div yield (avg)%

—

Payout ratio%

—

41.60

Shares (diluted)M

—

3.718

60.62

41.60

◌41.60

82.90%

—

Buyback yield%

—

(1530.43)

31.37

—

◌—

—

D/E ratiox

—

8.673

Enterprise value₹B

—

20.21

8.673

—

LT debt₹M

—

Peers (US$92.83M)

Cap (US$)

Solarworld Energy…

100.6M

7.807x

Swelect Energy Systems…

97.22M

21.89x

Solex Energy Limited

73.62M

8.661x

Tainergy Tech Co., Ltd.

86.98M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

184.9

(0.851)

Own earn%

—

Sh yield%

—

Owners

Insiders/Inst%

1.41

1.83

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

3/5

Revenue growth years

—

EPS growth years

3/4

Dividend streakyrs

Op margin range%

−7790–35

$1 testx

—

Incr. ROIC%

—

Indosolar Limited engages in the manufacturing and trading of solar photovoltaic modules in India, Europe, the United States, Middle East, and Asia. It offers solar modules, including TOPCon modules and Mono PERC technology The company was incorporated in 2005 and is based in New Delhi, India. Indosolar Limited is a subsidiary of Waaree Energies Limited.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹6.798B

672.91%

1.00×

Cost of revenue

₹3.899B

Operating expenses

₹551.7M

38.42%

—

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m