Indosolar logo

Indosolar share price

NSE: WAAREEINDOBSE: 533257Electrical EquipmentSmall Cap

Indosolar Limited · Face value ₹10 · Listed Sep 2010
Last close ₹185.85down ₹6.97 (3.61%)BSE ₹187.40

Share price at the NSE close on 27 Oct 2026. Previous close ₹192.82.

27 Oct: open ₹193.00, high ₹196.17, low ₹183.18

52-week range of traded prices to 27 Oct 2026
₹183.18Low, 27 Oct 2026₹634.35High, 27 Oct 2025
Market cap
₹773 Cr1,231st largest listed
P/E
6.18
P/B
2.35
Dividend yield
Nonein the last 12 months
ROE
47.0%
ROCE
49.1%
Debt to equity
0.00
Volume, NSE
2,19,49459.0% delivered

Indosolar share price chart

Daily closes since Jun 2025, adjusted for splits and bonuses. Earlier closes are left out: on 19 Jun 2025 the price changed in a way no corporate action on record explains.

−69.5%over a year · Nifty 500 −8.8%

Results20-session average 1,75,816 shares a day, 52.8% delivered

Results

Standalone; ₹ crore.Indosolar quarterly results

Revenue growth, 12 months
−26.8%
Net profit growth, 12 months
−41.4%

Quarter to Sep 2026, against the quarter before

Revenue
₹156 Crup 127.59%
Net profit
₹5.02 Crdown 86.30%
Net margin
3.2%

Revenue by quarter

₹103 CrDec 24₹192 CrMar 25₹195 CrJun 25₹203 CrSep 25₹200 CrDec 25₹83 CrMar 26₹68 CrJun 26₹156 CrSep 26
Peak revenue ₹203 Cr, quarter to Sep 2025; lowest ₹68 Cr, quarter to Jun 2026

Net profit by quarter, a loss in red

₹10 CrDec 24₹40 CrMar 25₹117 CrJun 25₹46 CrSep 25₹41 CrDec 25₹42 CrMar 26₹37 CrJun 26₹5.02 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1031921952032008368156
Net profit1040117464142375
Net margin9.9%20.9%60.0%22.9%20.8%50.5%53.6%3.2%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Module Manufacturing, which carries all its revenue.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Indosolar PE ratio and valuation

Price to earnings

At or below today's level on 15% of 226 trading days over the last year.

LowestHighest
Its median6.87Industry median36.31
Price to book

At or below today's level on 0.4% of 226 trading days over the last year.

LowestHighest
Its median6.05Industry median5.71

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Indosolar shareholding pattern

Shareholding by group

  • Promoters74.93%
  • Foreign institutions0.61%
  • Indian institutions0.06%
  • Individuals and others24.40%
Holder
WAAREE ENERGIES LIMITEDPromoter74.93%
ZAVERI AND CO. PVT. LTD.Companies1.44%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged, foreign institutions +0.06 pts, Indian institutions unchanged.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Indosolar insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Indosolar competitors and peers

Heavy Electrical Equipment, 48 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Indosolar in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
KP Green Engineering logoKP Green EngineeringKPGEL1,3109.652.86+79.3%+84.7%34.7%30.8%0.21%
Jyoti Structures logoJyoti StructuresJYOTISTRUC1,07516.722.27+49.4%+54.5%12.4%1.9%0.00%
Anawil Wire and EngineeringANAWIL1,059––––––0.00%
Swelect Energy Systems logoSwelect Energy SystemsSWELECTES92622.211.01−10.9%+55.3%4.7%5.0%0.57%
Neueon Corporation logoNeueon CorporationNEUEON606–2.75+18.0%–−52.3%−89.4%0.00%
Raksan Transformers logoRaksan TransformersRAKSAN482––––––0.00%
Vans Electroengineerings logoVans ElectroengineeringsVANS471––––––0.00%
Avana Electrosystems logoAvana ElectrosystemsAVANA36330.996.15––19.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Indosolar announcements

Indosolar share price by year

Each calendar year to 2025.Indosolar share price history

YearClose at year endChangeHighest closeLowest close
2025542.15–711.70173.32
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 19 Jun 2025.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026198.23199.00190.20192.82194.781,49,98647.5%
23 Oct 2026201.21201.21192.01198.23195.811,73,13055.6%
22 Oct 2026196.02206.00196.02201.21200.722,59,71633.4%
21 Oct 2026214.89214.89201.07204.63206.301,29,92154.0%
19 Oct 2026208.00221.69207.71211.65215.631,33,77043.2%
16 Oct 2026210.39217.00209.30212.71212.992,10,80158.9%
15 Oct 2026221.90221.90208.00210.39213.231,47,51158.9%
14 Oct 2026209.90217.63205.01217.59214.102,08,36043.8%
13 Oct 2026203.98207.27197.80207.27203.694,25,36246.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Offer for sale history

Ex-dateEventPrice factorWhat happened
19 Jun 2025Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Chairperson and managing director
Hitesh Chimanlal Doshi
At the end of the quarter to Jun 2026
NSE symbol
WAAREEINDO
BSE code
533257
ISIN
INE866K01023
Industry
Electrical Equipment
Former symbols
INDOSOLAR
CIN
L18101DL2005PLC134879
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
Unit No. 301, 3rd floor of the commercial complex namely, Building 02, Southern Park, Saket, New Delhi 110017, Delhi
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments