Insolation Energy INA
Solar module manufacturing, small-cap
Mapped in 1 theme: Solar Module Manufacturing (ALMM).
Where Insolation Energy sits in the supply chain
Insolation Energy appears in 1 supply-chain layer in one theme, Solar Module Manufacturing (ALMM).
Solar Module Manufacturing (ALMM) › Solar Module Assembly
Direct supplierOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 737 | 1,334 | 2,146 |
| Net profit | 55 | 126 | 201 |
Latest-year revenue ₹2,146 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Smaller, nimbler ALMM-listed module maker that has scaled rapidly off a low base alongside the broader industry capacity build-out
Risks
- Small-cap with thin trading history and a much smaller capacity base than the market-leading integrated players
- Revenue growth off a low base can reverse quickly if industry pricing turns
Common questions
What does Insolation Energy do?
Solar module manufacturing, small-cap.
Where does Insolation Energy sit in the supply chain?
Insolation Energy (NSE: INA) is mapped in 1 supply-chain layer: Solar Module Assembly (Solar Module Manufacturing (ALMM)).
Who are Insolation Energy's peers?
In the Solar Module Assembly layer of Solar Module Manufacturing (ALMM): Waaree Energies, Premier Energies, Adani Enterprises and Vikram Solar.
What is Insolation Energy's market cap and valuation?
As of 30 Oct 2026: market cap ₹1,528 Cr, P/E 7.8x, ROCE 22.4%, ROE 28.4%, dividend yield 0%.