# Insolation Energy share price today (Insolation Energy Ltd, NSE: INA)

> Insolation Energy share price today: ₹68.13 at the NSE close on 3 November 2026, down 62.0% in a year. Insolation Energy (NSE: INA) is worth ₹1,503 crore, trades at a P/E of 7.7 and has closed between ₹64.02 and ₹172.05 over the past 52 weeks. > Insolation Energy Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. INA · Capital Goods - Electric General · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/insolation-energy-ltd

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## Key numbers

- Price: ₹68.13 (−62.0% in a year)
- P/E: 7.7× (lower than 100% of the last 4 years)
- Revenue (Jun 2026): ₹741 Cr (+104.7% on a year ago)
- Profit (Jun 2026): ₹38.0 Cr (−11.6% on a year ago)
- Operating margin: 10.0% (−6.0 points on a year ago)
- ROCE: 22%, FY26
- ROIC: 14.7%, against a 12.0% cost of capital: +2.7 points
- Profit that came in as cash: −4%, last 3 years

The main question: yearly earnings per share moved +59.6% while the share price moved −62.0%. ## What is the Insolation Energy share price today? Insolation Energy Ltd's share price was ₹68.13 at the close on 3 November 2026. It has been falling for 88 weeks. That is 40.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹64 and ₹172, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 24 weeks running. Over the last 4.1 years the share price moved +602% while the NIFTY 500 moved +45%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 12 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Insolation Energy this quarter? Three changes stood out: number of shareholders up 209% in a year, indian funds and insurers (DIIs) raised their stake for 6 quarters in a row and profit fell in the June 2026 quarter. 1. Number of shareholders up 209% in a year 31,774 shareholders in the September 2026 quarter, against 10,275 a year earlier. 2. Indian funds and insurers (DIIs) raised their stake for 6 quarters in a row From 0% to 1.7% of the company by the September 2026 quarter. 3. Profit fell in the June 2026 quarter Profit was ₹38 crore, -11.6% on a year earlier (₹43 crore), after 2 quarters of growth. ## What are Insolation Energy's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Insolation Energy reported revenue of ₹741 crore, up 104.7% from ₹362 crore a year earlier, and a profit of ₹38.0 crore, down 11.6% from ₹43.0 crore. ### Insolation Energy results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹741 crore | ₹362 crore | +104.7% |
| Profit | ₹38.0 crore | ₹43.0 crore | −11.6% |
| Earnings per share | ₹1.68 | ₹1.95 | −13.8% |
| Operating margin | 10.0% | 16.0% | −6.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 27 May 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Insolation Energy share price history? Insolation Energy closed at ₹68.13 on 3 November 2026, down 62.0% from ₹179.20 a year earlier (31 October 2025) and up 15.0% over three years. Its highest weekly close since October 2022 was ₹460.85 on 8 November 2024. ### Insolation Energy share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹64.02 | +6.4% |
| 1 month ago · 1 Oct 2026 | ₹86.76 | −21.5% |
| 6 months ago · 30 Apr 2026 | ₹147.64 | −53.9% |
| 1 year ago · 31 Oct 2025 | ₹179.20 | −62.0% |
| 3 years ago · 3 Nov 2023 | ₹59.22 | +15.0% |
| Earliest weekly close in our records · 14 Oct 2022 | ₹9.70 | +602.4% |
| Highest weekly close since October 2022 · 8 Nov 2024 | ₹460.85 | −85.2% |
| Lowest weekly close since October 2022 · 23 Dec 2022 | ₹9.54 | +614.2% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹172.05 | −60.4% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹64.02 | +6.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (218 weekly closes from 14 October 2022 to 3 November 2026.)

## What is the latest news on Insolation Energy? 3 Nov 2026: Insolation Energy closed at ₹68.13, up 6.4% on the week and down 21.5% on the month. Results for April to June 2026: Revenue up 104.7% and profit down 11.6% on a year earlier. ### Earlier

- 27 May 2026: Insolation Energy held its results call for January to March 2026. Management guided: FY27 revenue aiming for at least 60%+ growth minimum, similar to or higher than FY26. ## What dividend does Insolation Energy pay? Insolation Energy has paid no dividend on the NSE since its first NSE close in our records (14 October 2022), the start of the period we checked. Not in its latest year. Insolation Energy Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 7 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Insolation Energy management say on the latest results call? On the call for January to March 2026, held on 27 May 2026, Insolation Energy's management guided: FY27 revenue aiming for at least 60%+ growth minimum, similar to or higher than FY26. > “Once our cell facility is operational in Q4 FY27, EBITDA margins will likely increase from 14% toward the 17-18% range, heading to 20% or more by FY28”
> Management, on the call for January to March 2026

### What management guided

- FY27 operating margin 14-15% baseline for full-year. - Cell facility commissioning January to March 2027 start; 3-4 month phased ramp to full 4.5 GW capacity by April to June 2027. - Cell integration margin benefit: H2 FY27 operating profit 15-16% range, FY28 goal 20%+ at full utilization. - FY28 revenue goal greater than ₹5,000 crore consolidated. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/50008-27-May-2026.pdf). (From the call for January to March 2026, 27 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Insolation Energy's next results? When Insolation Energy reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Cell facility January to March 2027 commissioning status update: management committed to scheduled on-time start; next quarterly call should confirm equipment commissioning progress and initial efficiency ramp trajectory versus 80%+ goal. - What to check (from the call)
- Cell facility January to March 2027 commissioning status update: management committed to scheduled on-time start; next quarterly call should confirm equipment commissioning progress and initial efficiency ramp trajectory versus 80%+ goal. - Operating margin evolution in H2 FY27: management explicitly guided 15-16% range once cell production commences; next full-year call should validate partial-year contribution versus forward-guided range. - Wafer and ingot DPR finalization and capital spending commitment: management indicated 2-3 month finalization timeline; next call should reveal final capital spending amount and commissioning timeline with greater specificity than current ₹1,000-1,200 crore range. - Kusum IPP 325 MW portfolio cash generation impact: phased commissioning throughout FY27 with 38-40 MW already live; next call should show material progress toward annual goal and actual revenue realization versus ₹135 crore power sales guidance. ## Which stock lists is Insolation Energy on? Insolation Energy is on 3 of our India lists: Undervalued stocks, Penny stocks and Power & green energy stocks. - [Undervalued stocks Profit growth x: 1.8487394957983194](https://www.sectoralpha.in/markets/in/deep-value-stocks)
- [Penny stocks](https://www.sectoralpha.in/penny-stocks-india)
- [Power & green energy stocks Group on the list: Solar and wind equipment makers](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Insolation Energy profitable? Insolation Energy Ltd earned ₹38.0 Cr of net profit in the Jun 2026 quarter, −11.6% on the same quarter a year earlier. Full-year FY26 profit was ₹201 Cr. Over 6 years profit has grown 100.5% a year on average. That is 5.1% of the quarter's revenue. The same quarter a year earlier earned ₹43.0 Cr. For the full year, FY26 profit was ₹201 Cr (+59.5% on the year before). Why profit moved: revenue changed +104.7% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +74.5% and revenue +93.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Insolation Energy make, and is it growing? Insolation Energy Ltd reported ₹741 Cr of revenue in the Jun 2026 quarter, +104.7% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 6 years it has grown 70.2% a year on average. The last full year, FY26, came in at ₹2,146 Cr. The last four reported quarters add to ₹2,525 Cr. FY26 revenue was ₹2,146 Cr, +60.9% on the year before. Recent pace: the last four quarters grew +93.9% on average, against 70.2% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every ₹100 of sales does Insolation Energy keep? Insolation Energy Ltd's operating margin was 10.0% in the Jun 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between 6.0% and 14.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.9 percentage points on the year while gross margin changed −5.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Insolation Energy's profit turning into cash? Over the last 3 years Insolation Energy Ltd's operations used more cash than they brought in, so cash conversion was −4%, a gap worth watching. In FY26 its operations used ₹73.0 Cr of cash, against ₹201 Cr of profit. After ₹493 Cr of spending on assets, free cash was −₹566 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −4% of profit came in as cash: the cash cycle got 33 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 33 days longer. The next section looks at where the cash is stuck. ## Where does Insolation Energy's cash go? Insolation Energy Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 66 days in FY26, up from 33 days in FY21. It spent ₹614 Cr on assets over the last 3 years. Customers take 48 days to pay, and stock sits for 81 days on average. At FY26 sales of ₹2,146 Cr, each day of that cycle ties up about ₹5.9 Cr, so roughly ₹388 Cr is tied up in the business at any time. FY26: customers took 48 days to pay and stock sat for 81 days, about 2.7 months of sales sitting as stock, for a full cycle of 66 days, longer than FY21's 33. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 81 days. Customers pay about 48 days after that. Suppliers are paid at 63 days. Together that makes the 66-day cycle. Spending on assets: ₹614 Cr over the last 3 years, against ₹54.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹73.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Insolation Energy's P/E ratio, and how does it compare with its own history? Insolation Energy Ltd's P/E is 7.7×, about the lowest it has ever been. Its usual P/E (the middle reading) is 41.8×, over 4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +59.6% while the price moved −62.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +4.8% a year; about +158.8% a year came from earnings growth and about −154.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Insolation Energy business getting better or worse? Insolation Energy Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Insolation Energy earn on its capital? Insolation Energy Ltd earned a ROCE of 22% in FY26. That is up from a low of 20% in FY23. Its return on capital used (ROIC) is 2.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.4% net margin and 1.00× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 9.4% net margin × 1.00× asset turnover × 2.67× leverage (assets divided by equity) ≈ 25.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 14.7% − 12.0% = +2.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 14.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 17.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Insolation Energy have too much debt? Insolation Energy Ltd has total debt of ₹888 Cr against shareholder equity of ₹808 Cr as of Jun 2026, so its debt is 1.10× its equity. Year by year, that ratio went from 1.28 in FY23 to 1.10 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Insolation Energy shareholding pattern? Promoters cut their stake in Insolation Energy Ltd by 3.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 66.1% of the company. Domestic institutions moved +1.7 points over the same period, to 1.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −3.9 points over 8 quarters, to 66.1%; Domestic institutions: +1.7 points over 8 quarters, to 1.7%; Foreign institutions: +0.9 points over 8 quarters, to 0.9%. Why the owners changed: promoters drove it (−3.9 points), with the other side taken by domestic institutions (+1.7 points). They reduced their stake. ## How far is Insolation Energy from balance-sheet trouble? For Insolation Energy Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Insolation Energy rank in its industry? 59.8 out of 100, rank 6 of 19 in Capital Goods - Electric General, with 81% of the evidence available. Insolation Energy Ltd scores 59.8 out of 100 against the 19 companies it is compared with in Capital Goods - Electric General, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.3 + 16.5 + 19.5 + 7.5 = 59.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Insolation Energy compared with? Insolation Energy ranks 6 of 19 Capital Goods - Electric General companies on the 4-Factor Sector Score, with 59.8 out of 100. 1. [Modison Ltd](https://www.sectoralpha.in/stocks/modison-ltd) MODISONLTD · leader · Most evidence points up · 100% evidence 78.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 84.9% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 17.1/25 · ROCE 31% · Operating margin 11% · 100% evidence Valuation 15.1/20 · P/E 9.6× · PEG 0.46 · 100% evidence Relative strength 18.7/20 · Lead over its industry 47.3% · Lead over NIFTY 500 46.8% · 1 year 128.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 27.1 + 17.1 + 15.1 + 18.7 = 78 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) RISHABH · leader · Most evidence points up · 96% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 5.8% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.9/25 · ROCE 14.5% · Operating margin 17% · 100% evidence Valuation 10.8/20 · P/E 30× · PEG 1.24 · 100% evidence Relative strength 16.3/20 · Lead over its industry 22.8% · Lead over NIFTY 500 25.5% · 1 year 52.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.8 + 16.9 + 10.8 + 16.3 = 68.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Spectrum Electrical Industries Ltd](https://www.sectoralpha.in/stocks/spectrum-electrical-industries-ltd) SPECTRUM · leader · Most evidence points up · 89% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 40.8% · Profit 92.3% · Operating margin change 1 points · 88% evidence Capital efficiency 17.2/25 · ROCE 17.8% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 135× · PEG 1.9 · 65% evidence Relative strength 20.0/20 · Lead over its industry 119.7% · Lead over NIFTY 500 122.5% · 1 year 158.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.3 + 17.2 + 6.7 + 20 = 68.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Modern Insulators Ltd](https://www.sectoralpha.in/stocks/modern-insulators-ltd) MODINSULAT · turning · Most evidence points up · 78% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.5/35 · Revenue 41.6% · Profit 100% · Operating margin change 8 points · 83% evidence Capital efficiency 18.3/25 · ROCE 19.3% · Operating margin 17% · 76% evidence Valuation 7.7/20 · P/E 22.4× · PEG n/a · 50% evidence Relative strength 12.6/20 · Lead over its industry 35.3% · Lead over NIFTY 500 36.4% · 1 year 195.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 29.5 + 18.3 + 7.7 + 12.6 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [V-Guard Industries Ltd](https://www.sectoralpha.in/stocks/v-guard-industries-ltd) VGUARD · quiet · Evidence leans up · 100% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 21.5% · Profit 41.7% · Operating margin change 1 points · 100% evidence Capital efficiency 16.1/25 · ROCE 18.4% · Operating margin 9% · 100% evidence Valuation 14.7/20 · P/E 28.7× · PEG 1.12 · 100% evidence Relative strength 7.3/20 · Lead over its industry -12.4% · Lead over NIFTY 500 -7.7% · 1 year -22.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.7 + 16.1 + 14.7 + 7.3 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. Insolation Energy Ltd this page INA · quiet · Evidence leans up · 81% evidence 59.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 81.7% · Profit 45.2% · Operating margin change -6 points · 88% evidence Capital efficiency 16.5/25 · ROCE 22.4% · Operating margin 10% · 100% evidence Valuation 19.5/20 · P/E 7.8× · PEG 0.23 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -36.5% · 1 year -61.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.3 + 16.5 + 19.5 + 7.5 = 59.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ALPEXSOLAR · quiet · Evidence leans up · 64% evidence 57.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 100% · Profit 61.3% · Operating margin change -1 points · 88% evidence Capital efficiency 19.7/25 · ROCE 44.8% · Operating margin 15% · 100% evidence Valuation 11.3/20 · P/E 8.4× · PEG n/a · 15% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -21.8% · 1 year -45% · 25% evidence · 1 of 12 weeks ahead Exact sum: 18.7 + 19.7 + 11.3 + 7.9 = 57.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Ravindra Energy Ltd](https://www.sectoralpha.in/stocks/ravindra-energy-ltd) RELTD · quiet · Evidence leans up · 79% evidence 54.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 28.2% · Profit 53% · Operating margin change 14.6 points · 88% evidence Capital efficiency 15.3/25 · ROCE 14.4% · Operating margin 31.8% · 100% evidence Valuation 9.4/20 · P/E 44.7× · PEG n/a · 15% evidence Relative strength 4.1/20 · Lead over its industry -8.7% · Lead over NIFTY 500 -4.4% · 1 year -16.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 25.3 + 15.3 + 9.4 + 4.1 = 54.1 · What this means: Earnings are strong; relative strength in its sector is -8.7% and the one-year return is -16.4%. 9. [IKIO Technologies Ltd](https://www.sectoralpha.in/stocks/ikio-technologies-ltd) IKIO · quiet · Evidence leans up · 78% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 34.5% · Profit 100% · Operating margin change 4 points · 83% evidence Capital efficiency 9.5/25 · ROCE 9.5% · Operating margin 13% · 76% evidence Valuation 13.1/20 · P/E 26.8× · PEG n/a · 50% evidence Relative strength 5.5/20 · Lead over its industry -5.4% · Lead over NIFTY 500 -1.9% · 1 year -22.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 25.2 + 9.5 + 13.1 + 5.5 = 53.3 · What this means: Earnings are strong; relative strength in its sector is -5.4% and the one-year return is -22.8%. 10. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) SIEMENS · losing its lead · Evidence leans up · 78% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 13.2% · Profit 33.7% · Operating margin change -4 points · 83% evidence Capital efficiency 17.2/25 · ROCE 21.4% · Operating margin 9% · 76% evidence Valuation 5.5/20 · P/E 78.2× · PEG n/a · 50% evidence Relative strength 8.8/20 · Lead over its industry -4.2% · Lead over NIFTY 500 -0.3% · 1 year 6.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 19.3 + 17.2 + 5.5 + 8.8 = 50.8 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 11. [Swelect Energy Systems Ltd](https://www.sectoralpha.in/stocks/swelect-energy-systems-ltd) SWELECTES · turning · Evidence leans down · 89% evidence 48.9 out of 100 Growth Capital Valuation Relative
12. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) HPL · quiet · Evidence leans down · 81% evidence 48.3 out of 100 Growth Capital Valuation Relative
13. [Kirloskar Electric Company Ltd](https://www.sectoralpha.in/stocks/kirloskar-electric-company-ltd) KECL · quiet · Evidence leans down · 79% evidence 43.3 out of 100 Growth Capital Valuation Relative
14. [Salzer Electronics Ltd](https://www.sectoralpha.in/stocks/salzer-electronics-ltd) SALZERELEC · quiet · Evidence leans down · 81% evidence 41.4 out of 100 Growth Capital Valuation Relative
15. [Servotech Renewable Power System Ltd](https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd) SERVOTECH · basing · Evidence leans down · 78% evidence 39.7 out of 100 Growth Capital Valuation Relative
16. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) HONDAPOWER · quiet · Evidence leans down · 81% evidence 39.4 out of 100 Growth Capital Valuation Relative
17. [Exicom Tele-Systems Ltd](https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd) EXICOM · quiet · Evidence leans down · 68% evidence 38.9 out of 100 Growth Capital Valuation Relative
18. [Focus Lighting & Fixtures Ltd](https://www.sectoralpha.in/stocks/focus-lighting-fixtures-ltd) FOCUS · Most evidence points down · 69% evidence 24.4 out of 100 Growth Capital Valuation Relative
19. [Igarashi Motors India Ltd](https://www.sectoralpha.in/stocks/igarashi-motors-india-ltd) IGARASHI · quiet · Most evidence points down · 89% evidence 23.4 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Electric General](https://www.sectoralpha.in/sectors/capital-goods-electric-general), all 19 compared on one page. ## Which companies are close to Insolation Energy in size? Insolation Energy is the 9th largest of 19 Capital Goods - Electric General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Honda India Power Products, Exicom Tele-Systems and Alpex Solar. Just below it: HPL Electric & Power, Servotech Renewable Power System and IKIO Technologies. ### Capital Goods - Electric General companies close in size

1. [Honda India Power Products Ltd](https://www.sectoralpha.in/stocks/honda-india-power-products-ltd) ₹1,777 crore
2. [Exicom Tele-Systems Ltd](https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd) ₹1,740 crore
3. [Alpex Solar Ltd](https://www.sectoralpha.in/stocks/alpex-solar-ltd) ₹1,687 crore
4. Insolation Energy Ltd ₹1,518 crore
5. [HPL Electric & Power Ltd](https://www.sectoralpha.in/stocks/hpl-electric-power-ltd) ₹1,452 crore
6. [Servotech Renewable Power System Ltd](https://www.sectoralpha.in/stocks/servotech-renewable-power-system-ltd) ₹1,402 crore
7. [IKIO Technologies Ltd](https://www.sectoralpha.in/stocks/ikio-technologies-ltd) ₹1,244 crore

[All 19 Capital Goods - Electric General companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-electric-general#all-companies)

### Companies close in size in other industries

1. [GOCL Corporation Ltd](https://www.sectoralpha.in/stocks/gocl-corporation-ltd) ₹1,529 crore · Lubricants
2. [5paisa Capital Ltd](https://www.sectoralpha.in/stocks/5paisa-capital-ltd) ₹1,520 crore · Finance - Capital Markets - Brokers
3. Insolation Energy Ltd ₹1,518 crore
4. [Frontier Springs Ltd](https://www.sectoralpha.in/stocks/frontier-springs-ltd) ₹1,513 crore · Railways - Kavach/Springs
5. [Jai Corp Ltd](https://www.sectoralpha.in/stocks/jai-corp-ltd) ₹1,512 crore · Miscellaneous

## What else do people ask about Insolation Energy? ### What is Insolation Energy's share price today? Insolation Energy Ltd's share price is ₹68.13, −62.0% over the past year. The whole company is worth ₹1,503 Cr on the market. In the last 52 weeks it traded between ₹64 to ₹172; today it is 4% of the way up from the low, 40.6% below its 200-day average (as of 3 November 2026). ### What were Insolation Energy's latest quarterly results? Insolation Energy Ltd reported revenue of ₹741 Cr and net profit of ₹38.0 Cr for the Jun 2026 quarter. Revenue rose 104.7% and profit fell 11.6% compared with a year earlier. Earnings per share were ₹1.68. The operating margin was 10.0%, 6.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Insolation Energy's market cap? Insolation Energy Ltd's market capitalisation is ₹1,503 Cr at a share price of ₹68.13. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Insolation Energy performing? Insolation Energy Ltd's share price has been falling for 88 weeks. In its latest quarter, revenue rose 104.7% and profit fell 11.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 24 weeks running (as of 3 November 2026). ### Will Insolation Energy's share price go up? This page does not forecast Insolation Energy Ltd's share price. What it shows instead: the share price is ₹68.13, and it has been falling for 88 weeks. Its P/E of 7.7× is higher than 0% of its own last 4 years (as of 3 November 2026). ### Who owns Insolation Energy? Promoters own 66.1% of Insolation Energy Ltd, foreign institutions 0.9%, domestic institutions 1.7% and the public 31.3% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 3.9 percentage points over 8 quarters (as of 3 November 2026). ### Does Insolation Energy have too much debt? Yes, Insolation Energy Ltd has a lot of debt: its debt is 1.10× its equity, and its operating profit is 11 times its interest bill. FY26 borrowings were ₹888 Cr against equity of ₹807 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Insolation Energy in its business cycle? Insolation Energy Ltd's FY26 operating margin was 14.0%, against a 7-year range of 6.0% to 14.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Insolation Energy story? The main question: yearly earnings per share moved +59.6% while the share price moved −62.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Insolation Energy a stock worth studying right now? What the numbers show: Insolation Energy Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Insolation Energy share price forecast for 2026? What management itself guided: FY27 revenue aiming for at least 60%+ growth minimum, similar to or higher than FY26. ## Lists

- Undervalued stocks: https://www.sectoralpha.in/markets/in/deep-value-stocks
- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.