Indosolar Limited (WAAREEINDO) fundamentals

Indosolar Limited is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as WAAREEINDO (ISIN INE866K01023). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Indosolar Limited does

Indosolar Limited is an India-based photovoltaic (PV) solar cell manufacturer, which is engaged in producing solar cell and modules. The Company provides PV modules for residential, commercial and utility-scale installations. The Company's super solar solutions include residential rooftop systems for home consumers; solar street lighting solutions; engineering, design and construction for grid- connected commercial and industrial solutions, and turnkey utility-scale installation services. Its PV module datasheets include IS - Datasheet Bi-55-520-550_00, IS-ELITE SERIES BiN-01-555-585 IS-EPD-555-585-108-BiN-HC-00, IS-ELITE SERIES BiN-02-615-650 IS-EPD-615-650-120-BiN-HC-00, IS-ELITE SERIES BiN-03-680-715 IS-EPD-680-715-132-BiN-HC-00, IS-ELITE SERIES BiN-05-415-445-IS-EPD-415-445-108-BiN-HC-00, IS-ELITE SERIES BiN-06-465-495 IS-EPD-465-495-120-BiN-HC-00, IS-ELITE SERIES BiN-07-515-545 IS-EPD-515-545-132-BiN-HC-00, IS-ELITE SERIES BiN-08-565-600-IS-EPD-565-600-144-BiN-HC-00, and others.

Valuation and market data

Last close₹251.95
Market capitalisation₹1,048 crore
Enterprise value₹1,069 crore
P/E (TTM)4.25
Price to book3.65
Price to sales (TTM)0.90
Book value per share₹68.98
Dividend yield0.00%
SectorCapital Goods
IndustryElectrical Equipment
Listed sinceWed Sep 29

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹681 crore₹234 crore₹247 crore59.27
Mar 2025₹325 crore₹55 crore₹55 crore13.17
Mar 2024₹1 crore₹-15 crore₹-15 crore-3.71
Mar 2023₹1 crore₹1,081 crore₹1,081 crore178.36
Mar 2022₹0 crore₹-122 crore₹-122 crore-3.29

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters74.9%
Foreign institutions (FII)0.6%
Mutual funds0.0%
Other domestic institutions0.1%
Retail and others24.5%

More on BreakPoint

FundaX company research covers every listed company with reported financials. BreakPoint Pro adds the BreakPoint iQ score, the screener and the multibagger board.

Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.