Indosolar Limited

Capital Goods · Electrical Equipment

NSE: WAAREEINDO BSE: 533257

₹209.95

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Electrical Equipment

The largest companies in the same industry by market cap. This company ranks #54 of 95. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Bharat Heavy Electricals Limited	144,680	59.9	6.1%	73.0%	—	54	36	32
ABB India Limited	143,589	92.3	13.6%	30.3%	1.76%	73	0	28
Hitachi Energy India Limited	136,525	118.7	19.1%	68.9%	0.03%	81	33	31
CG Power and Industrial Solutions Limited	134,535	96.5	14.5%	15.5%	0.15%	81	0	30
Siemens Limited	132,676	107.1	11.2%	19.4%	0.48%	72	0	29
Siemens Energy India Limited	113,959	76.6	—	-5.9%	0.13%	94	0	66
GE Vernova T&D India Limited	107,565	82.4	45.8%	36.7%	0.24%	94	31	31
Apar Industries Limited	72,791	59.7	18.1%	111.6%	0.35%	62	25	50
Indosolar Limited (this stock)	873	5.2	37.6%	-62.4%	—	80	80	7

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹872 Cr

EV / EBITDA

3.3x

EV / Sales

1.58x

Market cap / Sales

1.58x

Earnings yield

19.05%

Quarterly Financials

Download CSV

Standalone Consolidated

↓ Negative

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 77 Cr, down 60.8% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	68	47	37	₹8.8000
March 31, 2026	83	56	42	₹10.0900
Dec. 31, 2025	200	62	41	₹9.9700
Sept. 30, 2025	203	61	46	₹11.1400
June 30, 2025	195	55	117	₹28.0700
March 31, 2025	192	40	40	₹
Dec. 31, 2024	103	10	10	₹2.4600
Sept. 30, 2024	28	9	9	₹2.2790
June 30, 2024	0	-5	-5	₹-1.1970
March 31, 2024	0	-5	-5	₹-1.1580
Dec. 31, 2023	0	-5	-5	₹-1.2080
Sept. 30, 2023	0	-3	-3	₹-0.7710
June 30, 2023	0	-2	-2	₹-0.5750

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23
Total income (before exceptional items)	77	84	200	203	196	104	28	0	1	0	0	0	0
Operating revenue	68	83	200	203	195	103	28	0	0	0	0	0	0
Other income	8	1	0	0	1	1	1	0	1	0	0	0	0
Operating expenses	20	19	129	132	131	80	7	1	1	2	0	0	1
Operating profit	48	64	71	71	64	23	21	-1	-1	-2	-0	-0	-1
Operating profit margin	70.9%	77.4%	35.6%	34.9%	32.7%	22.8%	76.3%	—	—	—	—	—	—
Depreciation	9	9	9	9	9	9	8	1	1	1	1	1	3
Interest	0	0	0	0	1	5	4	3	3	2	2	1	1
Exceptional items, gain / (loss)	—	—	—	—	—	—	—	—	—	—	—	—	-4
Profit before tax	47	56	62	61	55	10	9	-5	-5	-5	-3	-2	-8
Tax	11	14	20	15	-62	-0	—	—	—	—	—	—	0
Net profit	37	42	—	46	—	10	9	-5	-5	-5	-3	-2	-9
EPS	8.80	10.09	9.97	11.14	28.07	2.46	2.28	-1.20	-1.16	-1.21	-0.77	-0.58	-1.41
Net profit (TTM)	—	—	—	—	—	10	-5	-18	-15	-19	-15	-12	1,081
EPS (TTM)	40.00	59.27	51.64	43.95	31.61	2.38	-1.28	-4.33	-3.71	-3.96	-2.84	-2.23	24.56

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	680	234	247
March 31, 2025	324	55	55
March 31, 2024	0	-15	-15
March 31, 2023	0	1,081	1,081

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17	Mar 16
Total income (before exceptional items)	1462.2%	301.6%	682^†	—	1^†	0^†	1^†	1^†	16^†	318^†	446^†	260^†
Operating revenue	—	—	680	324	0	0	0^†	0^†	13^†	314^†	442^†	258^†
Other income	—	—	3^†	—	1^†	0^†	1^†	1^†	3^†	4^†	4^†	3^†
Operating expenses	—	—	410^†	—	4^†	—	—	—	38^†	298^†	244^†	125^†
Operating profit	—	—	270^†	—	-4^†	—	—	—	-25^†	16^†	198^†	133^†
Operating profit margin	—	—	39.7%^†	—	—	—	—	—	-186.5%^†	5.2%^†	44.9%^†	51.6%^†
Depreciation	—	—	37^†	—	5^†	4^†	7^†	7^†	24^†	28^†	28^†	27^†
Interest	—	—	1^†	—	8^†	—	—	—	51^†	91^†	120^†	125^†
Exceptional items, gain / (loss)	—	—	0^†	—	0^†	1,088^†	0^†	0^†	-428^†	-64^†	0^†	0^†
Profit before tax	-39.9%	—	234	55	-15	1,081	-8^†	-8^†	-525^†	-163^†	-58^†	-141^†
Tax	—	—	-12^†	—	—	—	—	—	—	—	—	—
Net profit	-38.9%	—	247	55	-15	1,081	-8^†	-8^†	-525^†	-163^†	-58^†	-141^†
EPS	34.1%	—	59.27^†	—	-3.71^†	24.56^†	-0.21^†	-0.23^†	—	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17	Mar 16
Operating margin	39.7%^†	—	—	—	—	—	-186.5%^†	5.2%^†	44.9%^†	51.6%^†
EBIT margin	34.6%^†	—	—	—	—	—	-3585.0%^†	-22.8%^†	14.0%^†	-6.2%^†
PBT margin	34.5%	16.9%	—	—	—	—	-3970.2%^†	-51.8%^†	-13.1%^†	-54.8%^†
Net margin	36.3%	16.9%	—	—	—	—	-3970.2%^†	-51.8%^†	-13.2%^†	-54.8%^†
Interest coverage	185.56x^†	—	-0.99x^†	—	—	—	-9.31x^†	-0.78x^†	0.52x^†	-0.13x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	6.70x	0.81x	—	—	—	—	—	—	—	—
Quick ratio	6.11x	0.30x	—	—	—	—	—	—	—	—
Debt to equity	0.00x	1.16x	—	—	—	—	—	—	—	—
Return on equity	85.9%	135.5%	—	—	—	—	—	—	—	—
Return on assets	71.6%	22.8%	—	—	—	—	—	—	—	—
Return on capital employed	76.3%^†	—	—	—	—	—	—	—	—	—
Asset turnover	1.97x	1.35x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	78	-24	-66	25	53
March 31, 2025	85	-20	-53	21	64
March 31, 2024	18	-56	38	60	-42
March 31, 2023	-58	-3	62	4	-62
March 31, 2021	-1	-1	-0	0	-1

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	344	287	245	0	0	238	36	1	76	21
March 31, 2025	241	40	-1	12	35	117	144	13	107	74
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2021	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.