INAUtilities

Insolation Energy Limited

Power Generation · ISIN INE0LGX01024 · BSE 543620 · NSE EQ · FV ₹1
Last price
₹87
+0.49%today
What this company does

Insolation Energy Limited operates in Power Generation, part of the Utilities sector. It booked ₹741 cr of revenue in its latest quarter (Q1 FY27) and kept 5.0% of sales as profit.

54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Utilities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 19–25 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns68

How much profit it earns on the money it employs

Balance sheet33

How much it owes, and whether earnings cover the interest

Cash quality15

Whether reported profit actually arrives as cash

Valuation64

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 66%
No promoter shares pledged
Strong 18% return on equity
Watch-outs
! Thin 5.0% net margin
! Carries high debt (D/E 1.0)

What if I invest in INA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹87 +0.49%
latest close · 2026-09-17
52-wk low ₹8442 sessions so far52-wk high ₹121
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.6Low
LowAverageHigh
P/B ratio2.39Moderate
Below bookModerateHigh
EV / EBITDA8.7Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity18.4%Strong
WeakFairStrong ▸15%
Return on capital17.2%Strong
WeakFairStrong
Net margin5.0%Decent
ThinDecentStrong
EBITDA margin10.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.03High
LowModerateHigh ▸1
Interest cover4.8×Okay
RiskyOkayStrong ▸5×
Current ratio1.86Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,926 cr
Book value
₹37
EPS
₹1.73
latest quarter
Net debt
₹747 cr
owes more than its cash
Enterprise value
₹2,673 cr
EBITDA
₹307 cr
annualised
EBIT
₹240 cr
annualised
Operating margin
8.1%
Return on assets
6.9%
Earnings yield
7.92%
P/S
0.65
Sales / share
₹134.4
Tax rate
19.9%
Face value
₹1
Shares
22.0 cr
Working capital
₹651 cr
Current assets
₹1,410 cr
Current liabilities
₹758 cr
Delivery %
49.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹76₹76, midpoint ₹76

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹741 cr
Other Income₹5 cr
Total Income₹745 cr
Cost of Materials₹588 cr
Purchases of Stock-in-Trade₹5 cr
Inventory Change (±)₹27 cr
Employee Benefit Expense₹18 cr
Finance Costs₹12 cr
Depreciation & Amortisation₹17 cr
Other Expenses₹30 cr
Total Expenses₹698 cr
Profit before Tax₹47 cr
Tax Expense₹9 cr
Net Profit₹38 cr
Net margin on total income5.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹620 cr83.2%
Employee benefit expense₹18 cr2.4%
Finance costs₹12 cr1.7%
Depreciation & amortisation₹17 cr2.3%
Other expenses₹30 cr4.0%
Tax expense₹9 cr1.3%
Profit for the period₹38 cr5.1%
Total income ₹745 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue794 cr741 cr
Total income792 cr745 cr
Expenses706 cr698 cr
Profit before tax86 cr47 cr
Tax16 cr9 cr
Net profit (owners' share)70 cr37 cr
Net margin (owners' share, on revenue)8.8%5.0%
EPS (₹)3.171.73
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹2,155 cr
Shareholder equity
₹807 cr
parent shareholders
Total debt
₹835 cr
Cash
₹88 cr
Peer comparison
Power Generation · by market value
CompanyPriceMarket capP/E
NTPC Limited₹330₹3.20 L cr11.9
Adani Green Energy Limited₹1,274₹2.10 L cr63.1
JSW Energy Limited₹512₹93,821 cr48.5
NHPC Limited₹75₹75,539 cr17.2
NTPC Green Energy Limited₹88₹73,798 cr60.8
NLC India Limited₹262₹36,372 cr18.8
Acme Solar Holdings Limited₹411₹29,022 cr27.7
SJVN Limited₹65₹25,445 cr28.4
NAVA LIMITED₹547₹15,490 cr13.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.1
ex 16 Sep 2025
ActionDetailEx-date
Dividend₹0.1 / share16 Sep 2025
Stock splitStock Split From Rs.10/- to Rs.1/-24 Jan 2025
Who owns it · 2026-06-30
No pledge
Promoter
66.1%
FII / Foreign
0.8%
DII / Domestic
1.3%
Retail / others
31.8%
Smart-money activity
Bulk / block deals
BoughtJUNOMONETA FINSOL PRIVATE LIMITED · NSE16.19 L @ ₹125.9610 Jul 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE16.16 L @ ₹126.1310 Jul 26
SoldSILVERLEAF CAPITAL SERVICES PRIVATE LIMITED · NSE17.06 L @ ₹121.449 Jul 26
Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 26 named members
owning 66.1% between them · as of 2026-06-30
MANISH GUPTA33.06%
VIKAS JAIN32.91%
MAHENDRA KUMAR JAIN0.07%
VIKAS JAIN HUF0.05%
MANISH GUPTA HUF0.01%
RAHUL GUPTA0.01%
AKASH JAINno shares
ARUSH JAINno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹395 cr raised in Dec 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 98% of what it set aside, leaving ₹10 cr still to be spent. Care Rating Limited watches the spending on the exchange’s behalf.

Investment in our wholly owned subsidiary, Insolation Green Energy Private Limited for setting up a new unit at Village: Sawarda, Land Tehsil, Mauzmabad, Jaipur- Rajasthan
originally ₹320 cr
budget changed
100%
₹323 cr of ₹323 cr
General Corporate Purpose
88%
₹72 cr of ₹82 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.