INA2026-07-01
Insolation Energy Ltd (INA) — Deep Dive Analysis
Deep-dive on Insolation Energy (INA) — India's top-10 solar module manufacturer, largest in North India. FY26 sales ₹2,146 Cr (+61%), PAT ₹201 Cr (+60%). P/E 12.6x, PEG 0.08, forward FY27E P/E 3.3x under management guidance. But -58% from 52W high, D/E 1.10, CFO negative. Verdict: SPECULATIVE — high risk, high reward.