Indosolar Ltd (WAAREEINDO) — shareholding pattern, promoter holding, financials and share price
About Indosolar Ltd (WAAREEINDO)
Indosolar Ltd operates in the Heavy Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as WAAREEINDO and on the BSE under scrip code 533257. Its ISIN is INE866K01023.
Incorporated in 2005, lndosolar Ltd manufactures solar photovoltaic cells [1]
Listed peers in Heavy Electrical Equipment: Bajel Projects Ltd, KP Green Engineering Ltd, Danish Power Ltd, Jyoti Structures Ltd, Vivid Electromech Ltd, Swelect Energy Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹389.85 a share on 10 Jul 2026, Indosolar Ltd (WAAREEINDO) was valued at a price-to-earnings ratio of 6.58x against an industry P/E of 52.37x and a price-to-book of 40.13x on a book value of ₹9.71 per share as of Mar 2025. Solomo computes return on equity of 610.17% and return on capital employed of 260.41% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 6.58x
- Industry P/E
- 52.37x
- P/B
- 40.13x
- EPS (TTM)
- ₹59.27
- Book value / share
- ₹9.71
- ROE
- 610.17%
- ROCE
- 260.41%
- ROA
- 102.42%
- Debt / equity
- 1.24x
- Dividend yield
- 0%
- EBITDA margin
- 40.05%
- 52-week range
- ₹255.95 – ₹725
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indosolar Ltd (WAAREEINDO) reported revenue of ₹680 crore, net profit of ₹247 crore and earnings per share of ₹59.27. That compares with revenue of ₹324 crore and net profit of ₹55 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹83 crore and net profit ₹42 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 0 | 0 | 0 | 324 | 680 |
| Net profit (₹ cr) | -122 | 1,081 | -15 | 55 | 247 |
| EPS (₹) | -3.29 | 259.87 | -3.71 | 13.17 | 59.27 |
| Measure | 10Y | 1Y |
|---|---|---|
| Sales growth | 2.57% | - |
| Profit growth | - | 454.79% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.93% of Indosolar Ltd (WAAREEINDO) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.55% and domestic institutional investors (DII) hold 0.06%. Market capitalisation was ₹1,622 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: ZAVERI AND CO. PVT. LTD. 1.35%, MANSI SHARE & STOCK BROKING PRIVATE LIMITED 1.05%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.93% | - | 0.55% | 0.06% | 25.07% |
| Mar 2026 | 74.93% | - | 0.55% | 0.12% | 25.07% |
| Dec 2025 | 74.93% | - | 0.54% | 0.06% | 25.07% |
| Sep 2025 | 74.93% | - | 0.54% | 0.07% | 25.07% |
| Jun 2025 | 95% | - | 0.01% | 0.05% | 5% |
| Mar 2025 | 96.15% | - | - | - | 3.85% |
| Dec 2024 | 96.15% | - | - | - | 3.85% |
| Sep 2024 | 96.15% | - | - | - | 3.85% |