Indosolar
WAAREEINDO •NSE

Indosolar

₹195.423.74 (1.95%)1D
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Overview
Technicals
News
Events

Performance

Today’s low
191.61
Today’s high
198.58
52 week low
179.28
52 week high
598.90
Open price
195.00
Previous close
191.68
Live volume
38,230
Lower circuit
185.65
Upper circuit
205.19

Fundamentals

Market Cap
₹813Cr
ROE
38.07%
P/E Ratio(TTM)
6.50
EPS(TTM)
30.07
P/B Ratio
2.47
Dividend Yield
0.00%
Industry P/E
52.39
Book Value
78.99
Debt to Equity
0.01
Face Value
10

Financial performance

Quarterly
Yearly
All Financials
SEP '26
₹157Cr
+104.78%
₹5.02Cr
-86.29%
062.5125187.5250
Sep '25
Dec '25
Mar '26
Jun '26
Sep '26
Revenue growthValue
1Y (TTM)-22%
3Y CAGR+745%
Profit growthValue
1Y (TTM)-89%
3Y CAGR-39%

About

Indosolar Limited is the subsidiary of Waaree Energies, India's largest solar module manufacturer, positioning it as a key player in the global energy transition. The company's leadership in the solar PV industry is propelled by the worldwide shift towards renewable energy, aligning with its mission to accelerate this global change. It produces advanced monocrystalline silicon cell-based modules, featuring the latest N-type TopCon technology and Bifacial modules, to ensure higher efficiency and improved performance. To manage its growing operations, the company strategically partners with third-party service providers to engage approximately 600 contract labourers for various projects. The company is committed to promoting fairness, transparency, and accountability, which forms the strong foundation of its corporate governance philosophy. Demonstrating a remarkable financial turnaround, the company earned a profit before tax of ₹5,477.74 lakhs, recovering from a significant loss in the previous year.;
CEO/MD
Hitesh Chimanlal Doshi
Founded in
2005
NSE symbol
WAAREEINDO
Industry

Shareholding pattern

Sep '25
Dec '25
Mar '26
Jun '26
Sep '26
Shareholder details

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          Livesquawk •
          Waareeindo reported Q2 revenue of ₹1.6B, declining from ₹2B year-on-year.
          Livesquawk •
          Indosolar's Q1 net profit declined to 366m INR from 1.2b INR YoY. Revenue fell sharply to 683m INR from 1.95b INR YoY.
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          Indosolar Q1 standalone PBT at 475M, down from 552M YoY.
          2026
          21
          Oct
          Quarterly Result
          Release date
          23
          Jul
          Quarterly Result
          Release date
          20
          Apr
          Quarterly & Annual Result
          Release date
          16
          Jan
          Quarterly Result
          Release date
          14
          Jan
          Quarterly Result
          Release date
          2025
          10
          Oct
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