🇮🇳 India Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

Indosolar Limited WAAREEINDO NSETECH

Technology · Solar · India
https://www.indosolar.co.in
Company Profile ↓
₹352.65
+44.62% 1Y
Mkt Cap₹1,467.15 Cr
P/E26.78
P/B5.79
52W High₹711.70
52W Low₹243.84
Book Value₹68.99
EPS (TTM)₹13.17

Company Overview

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

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 85.9%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 76.3%.

Reasonable Valuation

Trades at a P/E of 26.8, below the sector median of 27.4.

Healthy Margins

Maintains a net profit margin of 36.3%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹679.85 Cr (+109.9% YoY); net profit ₹246.60 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +109.9%, earnings +350.1%.
  • 5-Year Trend Long-term compounding — profit CAGR -38.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-
1 Year:109.89%

Compounded Profit Growth

5 Years:-38.90%
1 Year:350.15%

Stock Price Performance

1 Year:+44.62%
6 Months:-12.30%
3 Months:-21.61%
1 Month:-12.86%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 23% of range
₹243.84 ₹711.70
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)29.47 · Oversold
Price Performance
1M-12.86%
3M-21.61%
6M-12.30%
1Y+44.62%
Valuation vs Sector

P/E of 26.78 is below the sector median of 27.43 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

⚙Ad space

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 85.9%.
  • Healthy ROCE of 76.3%.
  • Excellent profit margin of 36.3%.
  • Generates positive free cash flow.

CONS

  • Earnings shrank at -38.9% CAGR over 5 years.
  • Trading 50.5% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
26.78
Industry PE
27.43
Forward P/E est.
13.39
PEG Ratio
-
Book Value
₹68.99
Price to Book
5.79
P/S
2.44
EV/EBITDA
6.12
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-
Profit 5Y
-38.90%
Revenue (YoY)
109.89%
Earnings (YoY)
350.15%

Profitability & Returns

ROCE
76.27%
ROE
85.92%
ROA
71.60%
Profit Margin
36.27%
Op Margin
34.42%
Gross Margin
42.66%
EPS (Latest Qtr)
₹10.09
EPS (TTM)
₹13.17

Balance Sheet & Liquidity

Debt/Equity
1.07
Quick Ratio
6.11
Current Ratio
6.70
Debt
₹3.07 Cr
Total Assets
₹344.40 Cr
Current Assets
₹238.41 Cr
Working Capital
₹202.83 Cr

Ownership

Promoter Holding
76.27%
Chg in Prom Hold
-
FII / Inst Holding
0.00%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,467.15 Cr
Total Revenue (TTM)
₹679.85 Cr
EBITDA
₹272.26 Cr
Free Cash Flow
₹53.49 Cr
Operating Cash Flow
₹78.37 Cr
Shares Outstanding
₹4.16 Cr
Gross Margin
42.66%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 WAAREEINDO Indosolar Limited NSETECH 352.65 26.78 ₹1,467.15 Cr 0.00% 76.27% 85.92% - -38.90%
2 TCS Tata Consultancy Services Limited NIFTY50NSEAITECH 2,254.30 16.57 ₹8.16 L Cr 3.14% 54.93% 45.89% 5.80% 5.30%
3 INFY Infosys Limited NIFTY50NSEAITECH 1,040.90 1,301.12 ₹4.22 L Cr 4.68% 41.66% 33.85% 3.44% 3.58%
4 HCLTECH HCL Technologies Limited NIFTY50NSEAITECH 1,271.00 19.83 ₹3.45 L Cr 8.25% 27.21% 22.14% 8.65% 3.87%
5 WIPRO Wipro Limited NIFTY50NSEAITECH 177.12 14.10 ₹1.86 L Cr 9.69% 17.85% 14.91% 0.78% 5.16%
6 TECHM Tech Mahindra Limited NIFTY50NSEAITECH 1,559.50 28.78 ₹1.53 L Cr 3.51% 19.82% 16.24% 2.16% -0.14%
7 LTM LTM Limited NSETECH 4,091.80 24.19 ₹1.21 L Cr 1.86% 25.39% 20.89% 8.43% 4.41%
8 LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH 1,527.20 61.51 ₹1.04 L Cr 0.00% 27.64% 21.98% 0.98% -
9 OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH 10,652.00 35.26 ₹92,709.82 Cr 5.71% 43.24% 33.72% 10.42% 13.48%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 103.01 Cr192.00 Cr194.68 Cr199.53 Cr83.10 Cr
Cost of Revenue 76.54 Cr135.55 Cr125.81 Cr124.51 Cr13.69 Cr
Gross Profit 26.47 Cr56.46 Cr68.86 Cr75.01 Cr69.41 Cr
Operating Expenses 12.35 Cr15.25 Cr14.40 Cr13.26 Cr14.22 Cr
Operating Income 14.12 Cr41.21 Cr54.46 Cr61.75 Cr55.19 Cr
EBITDA 24.35 Cr50.76 Cr64.89 Cr71.17 Cr65.47 Cr
Interest Expense 4.78 Cr1.75 Cr62.43 L24.91 L1.13 L
Pretax Income 10.23 Cr40.04 Cr55.16 Cr61.68 Cr56.31 Cr
Tax Provision 45,0000-61.64 Cr20.21 Cr14.31 Cr
Net Income 10.23 Cr40.04 Cr116.79 Cr41.47 Cr42.00 Cr
Diluted EPS 2.469.6328.079.9710.09

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -00323.91 Cr679.85 Cr
Cost of Revenue -34.50 L0217.04 Cr389.85 Cr
Gross Profit --34.50 L0106.86 Cr290.00 Cr
Operating Expenses -5.90 Cr5.96 Cr39.15 Cr55.96 Cr
Operating Income --6.24 Cr-5.96 Cr67.72 Cr234.04 Cr
EBITDA -1,086.76 Cr-3.86 Cr95.88 Cr272.26 Cr
Interest Expense -1.10 Cr7.00 Cr13.78 Cr1.27 Cr
Pretax Income -1,081.41 Cr-15.44 Cr54.78 Cr234.28 Cr
Tax Provision -23.64 L045,000-12.31 Cr
Net Income -1,081.17 Cr-15.44 Cr54.78 Cr246.60 Cr
Diluted EPS -3.29178.36-3.7113.17-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -65.33 Cr150.13 Cr240.76 Cr344.40 Cr
Current Assets -6.42 Cr8.12 Cr117.08 Cr238.41 Cr
Cash & Equivalents -85.93 L92.87 L13.03 Cr1.09 Cr
Inventory 0-15.88 L74.43 Cr21.08 Cr
Receivables -004.66 Cr209.62 Cr
Total Liabilities -64.25 Cr164.49 Cr200.35 Cr57.40 Cr
Current Liabilities -53.98 Cr27.76 Cr144.10 Cr35.58 Cr
Long Term Debt -7.72 Cr98.93 Cr35.00 Cr0
Total Debt -63.05 Cr101.69 Cr50.04 Cr3.07 Cr
Total Equity -1.08 Cr-14.37 Cr40.41 Cr287.01 Cr
Shares Outstanding -4.16 Cr4.16 Cr4.16 Cr4.16 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow --14.36 Cr18.31 Cr85.05 Cr78.37 Cr
Investing Cash Flow --2.73 Cr-56.09 Cr-19.72 Cr-24.46 Cr
Financing Cash Flow -17.70 Cr37.85 Cr-53.23 Cr-65.85 Cr
Capital Expenditure --3.75 Cr-60.04 Cr-20.58 Cr-24.88 Cr
Free Cash Flow --18.11 Cr-41.73 Cr64.48 Cr53.49 Cr
Net Change in Cash -61.11 L6.94 L12.10 Cr-11.94 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ---33.0%42.7%
Operating Margin % ---20.9%34.4%
Net Margin % ---16.9%36.3%
ROE % -100,489.9%107.5%135.5%85.9%
ROCE % --55.1%-4.9%70.1%75.8%

Shareholding Pattern

Insiders
76.27%
Institutions
0.00%
Public Float
0.00%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for WAAREEINDO

Google News ue, 13 Jan 2026

WAAREEINDO Stock Price and Chart — NSE:WAAREEINDO - TradingView

<a href="https://news.google.com/rss/articles/CBMiYEFVX3lxTE5jUmY4WTZCTVNBYlRpYnVKdGp1cllENjE0UFd0ejgtSi1zZ0hqOUFIaVZUV01VZVBkZnNzazZraU9RaHVhNEhiR2hCcmg0Y0J1OUFCdERGMDU4T3NET3ZTTA?oc=5" target="_blank">WAAREEINDO Stock Price and Chart — NS…

Google News hu, 23 Jul 2026

Indosolar Limited Reports Earnings Results for the First Quarter Ended June 30, 2026 - marketscreener.com

<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxNMmZ6UWVPQW5Nck1pWE9oakJ6bkNqZ0YyYUpleWdOaEl2YnBHTW5iOF9rMmQ5RXFmT3J3cmVPV0RfUENiT05Xa042OTBxLW1ac3dnbjkxX2o1cnlCVzJQV3FaQkpKRFhxN09Wb19iWEExck9CYWwzY3BLeVdwMHhITFFLSzluOVNkcHVBV1…

Google News Wed, 21 Jan 2026

Estimating The Intrinsic Value Of Indosolar Limited (NSE:WAAREEINDO) - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxNMWVCdzlwRmVDSU5Fd2NOZGxGMEJEaGV4SUZMR1NHTzVseXNmR0htT29fWkdQaHJNeUJCOUE2VUxVajlBUUY2VjRQeFV1bllVVzdLZUNpY1hBMUMxb0taQ0xXZmd6REJUamNFR2dEanRCVVNCRWRLemFLX3c1OFdmcVJ4LS1CWDN5ellkNT…

Google News hu, 09 Oct 2025

Indosolar Hits 52-Week High Ahead of Q2 Results; Stock Up 4.99% - HDFC Sky

<a href="https://news.google.com/rss/articles/CBMipwFBVV95cUxOejBPQVctcUw1ajRSYkxDaXZmcF8wMFBCVU5EWWo1ZUR6ZHVxZ2Z1ajNkSEFLLWNGc1hrX3g1bXhhWnhHSm5RYXA2d01BaWgycnBYZWNBVVV4WEprdDczcTFpUEZqSGpodzFlc3Rzb2w3QnpsUmJqcVJ5TkhPbVJlSy1XNmdfWUVLM2dLeH…

Google News hu, 18 Sep 2025

Indosolar OFS: Promoter Waaree Energies' Offer To Sell Up To 61 Lakh Shares Opens — Check Details - NDTV Profit

<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxNX0dmVHZYQ0NoNmdKNzBpM05OUFMyREFoRHQ2c0Z6aWZVYWs4bFRYMHNHelV2OURGWVVqSlg5VzVCU09fT01mTWdkOGMwUXIzb09KTWdWOVBGSzFyR0ZPamxlRGR5MVNXbUxrb2lINGlLNXB5VHVYWnBQWHQ1bmxSa01OanVWOWZTS2pWb2…

Google News Wed, 18 Mar 2026

Despite a weak market, this Waaree Group company hits 5% upper circuit - Upstox

<a href="https://news.google.com/rss/articles/CBMixgFBVV95cUxQVWZOd3NKcUc0N1NZZEJpUk42Rm1VNW05RUxtWHM1cDNyeEkwd0VVX3c5MEp4UEw4cVZ1dEpwNUVjNW53b0lCbkptTDlKTUVXSHlUUEl4OHZRTnZoX2NERmFneU5jNldtX1dOUVJjZ0t4QW1pLTY2cHEzVlhyTHprMTYyOTZFTHVSaXdaWD…

WAAREEINDO — Frequently Asked Questions

What is the current share price of Indosolar Limited (WAAREEINDO)?

As of 2026-07-27 05:56 IST, Indosolar Limited (WAAREEINDO) trades at ₹352.65 on NSE. Its 52-week range is ₹243.84 to ₹711.70.

What is the market capitalisation of WAAREEINDO?

Indosolar Limited (WAAREEINDO) has a market capitalisation of ₹1,467.15 Cr on NSE.

What is the P/E ratio of WAAREEINDO?

WAAREEINDO trades at a trailing price-to-earnings (P/E) ratio of 26.78. The industry average P/E is 27.43. Its price-to-book (P/B) ratio is 5.79.

What is the return on equity (ROE) of WAAREEINDO?

WAAREEINDO has a return on equity (ROE) of 85.92%. Its return on capital employed (ROCE) is 76.27%.

Is WAAREEINDO a good stock to buy?

This page provides a data-driven analysis of Indosolar Limited (WAAREEINDO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Technology Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks
⚙Ad space