| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 239 | 250 | 163 | 438 |
| Cost of Material Consumed | 206 | 224 | 122.5 | 371 |
| Change in Inventory | 0 | 0 | 5 | -26 |
| Gross Margins | 13.81 | 10.4 | 21.78 | 21.23 |
| Employee Benefit Expenses | 8 | 13 | 15 | 35.5 |
| Other Expenses | 5 | 3 | 11 | 24 |
| EBITDA | 20 | 10 | 9.5 | 33.5 |
| OPM | 8.37 | 4 | 5.83 | 7.65 |
| Other Income | 0.7 | 0.5 | 0.8 | 3 |
| Finance Cost | 1.4 | 2 | 4 | 11 |
| D&A | 0.3 | 0.5 | 1 | 2.8 |
| EBIT | 19.7 | 9.5 | 0.8 | 30.7 |
| EBIT Margins | 8.24 | 3.8 | 5.21 | 7.01 |
| PBT | 19 | 8 | 4 | 23 |
| PBT Margins | 7.95 | 3.2 | 2.45 | 5.25 |
| Tax | 4 | 2 | 1 | 6 |
| PAT | 15 | 6 | 3 | 13 |
| NPM | 6.28 | 2.4 | 1.84 | 3.88 |
| EPS | 187.5 | 75 | 23.62 | 115.65 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 8.37 | 4 | 5.83 | 7.65 |
| Net Profit Margin | 6.28 | 2.4 | 1.84 | 3.88 |
| Earning Per Share (Diluted) | 187.5 | 75 | 23.62 | 115.65 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 3.3 | 3 | 11.5 | 38 |
| CWIP | 0 | 0.3 | 0 | 0 |
| Investments | 0 | 0 | 0.05 | 0.05 |
| Trade Receivables | 63 | 22 | 27 | 59 |
| Inventory | 1.8 | 15 | 4 | 40 |
| Other Assets | 24.9 | 29.7 | 150.45 | 277.95 |
| Total Assets | 93 | 70 | 193 | 415 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 0.8 | 93 | 1.27 | 1.47 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 14 | 20 | 88.7 | 194 |
| Borrowings | 17 | 19 | 53 | 96 |
| Trade Payables | 55 | 21 | 22 | 79 |
| Other Liabilities | 6.2 | 9.2 | 28.03 | 44.53 |
| Total Liabilities | 93 | 9.2 | 193 | 415 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 19 | 8 | 4 | 23 |
| OPBWC | 11 | 11 | 9 | 39 |
| Change in Receivables | -53 | 41 | -3.8 | -32.5 |
| Change in Inventories | 7 | -13 | 7.2 | -36.27 |
| Change in Payables | 52 | -33 | 16.6 | 70 |
| Other Changes | 0 | -7 | -102.3 | -131.23 |
| Working Capital Change | 6 | -12 | -82.3 | -130 |
| Cash Generated From Operations | 17 | -1 | -73.3 | -91 |
| Tax | -4 | -2 | 1.7 | -8 |
| Cash Flow From Operations | 13 | -3 | -71.6 | -99 |
| Purchase of PPE | -3.3 | -0.6 | -9 | -27 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | -3.3 | -0.6 | -5.5 | -29 |
| Borrowing | -1.7 | -1.19 | 32.7 | 44.5 |
| Dividend | 0 | 0 | 0 | 0 |
| Equity | -0.2 | 0 | 67.6 | 82.67 |
| Others From Financing | 1.95 | 0.39 | -4.4 | -11.17 |
| Cash Flow from Financing | 0.05 | -0.8 | 95.9 | 116 |
| Net Cash Generated | 9.75 | -4.4 | 18.8 | -12 |
| Cash at the Start | 4 | 13 | 0.04 | 19 |
| Cash at the End | 13.75 | 8.6 | 18.84 | 7 |
Energy Unlisted Shares represent an opportunity to invest in one of India’s rapidly growing solar engineering, procurement, and construction (EPC) companies. Established with a vision to accelerate the shift toward clean and sustainable energy, Insolare Energy has built a strong presence in solar EPC solutions, rooftop installations, solar parks, and energy storage projects. The company caters to industrial, commercial, and utility-scale clients by delivering end-to-end solutions—from project design and engineering to installation and maintenance. With rising demand for renewable energy, the company is well-positioned to benefit from India’s aggressive clean-energy targets and the growing adoption of decentralized solar systems.
From a financial and operational standpoint, Insolare Energy has demonstrated steady growth, supported by a healthy project pipeline and strategic collaborations with technology and equipment partners. The firm’s focus on high-efficiency solar systems, innovative engineering, and cost-optimized project execution enhances its competitive edge in the Indian EPC market. Rising demand from manufacturing units, corporate sustainability initiatives, and state government incentives further strengthen the company’s prospects. Investors tracking the unlisted market often consider Insolare Energy for its niche positioning, stable contract-based revenue model, and exposure to long-term infrastructure assets in the renewable domain.
The unlisted shares of Insolare Energy attract interest due to the sector’s robust growth outlook and the company’s strategic role in India’s green-energy transition. Although the unlisted market offers promising upside, investors must weigh risks such as project execution timelines, working-capital cycles, and policy-driven impacts on the solar ecosystem. The stock’s liquidity and price in the unlisted segment can vary, making it crucial to evaluate the company’s financial disclosures, order book strength, and long-term strategy before investing. With a continued push toward solar energy adoption nationwide, Insolare Energy stands as a compelling player delivering sustainable solutions and long-term value creation potential.
1. What are Insolare Energy unlisted shares?
These are equity shares of Insolare Energy Limited that are not traded on public stock exchanges. They are bought and sold privately in the unlisted (pre-IPO) market.
2. What does Insolare Energy Limited do?
Insolare Energy operates in the solar energy sector, primarily focusing on EPC (Engineering, Procurement, and Construction) services, solar project development, and renewable energy solutions for commercial and industrial clients.
3. Why are investors interested in Insolare Energy unlisted shares?
Interest is driven by:
4. How can one buy Insolare Energy unlisted shares?
Investors can purchase through:
A Demat account is required for holding shares.
5. What is the minimum investment amount?
There is no fixed minimum from the company, but brokers may require a minimum deal size, typically ranging from ?25,000 to ?2 lakh depending on availability and pricing.
6. How is the price of Insolare Energy unlisted shares determined?
Pricing depends on:
7. Is Insolare Energy planning an IPO?
As of now, there is no officially confirmed IPO date in the public domain. However, like many unlisted companies, investors often speculate on a future listing.
8. What are the risks of investing in Insolare Energy unlisted shares?
Key risks include:
9. What are the tax implications on these shares?
10. Who should consider investing in Insolare Energy unlisted shares?
These shares are generally suitable for: