Indosolar share price
NSE: WAAREEINDOITSolar
Indosolar at a glance
Indosolar (NSE: WAAREEINDO) closed at ₹206.13 on 21 Oct 2026, down 3.18% on the day. With a market capitalisation of ₹858 Cr, it ranks 1536th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the IT sector; its industry is Solar.
At its last close the stock traded at 3.5× trailing earnings, against a return on equity of 85.9% in FY26. Over the past year the share price has risen 7.9%. Its 52-week range is ₹196.24 (9 Oct 2026) to ₹634.35 (27 Oct 2025); the last close is 67.5% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹68 Cr (−64.9% year on year) and net profit ₹37 Cr (−68.6%), on a standalone basis. Promoters held 74.93% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹858 CrRank 1536 on NSE
- P/E (trailing)
- 3.5×
- Price to book
- 5.31×FY26
- EPS (TTM)
- ₹40.00to Q1 FY27
- ROE
- 85.9%FY26
- ROCE
- 76.3%FY26
- Debt to equity
- 0FY26
- Net profit margin
- 36.3%FY26
- Book value / share
- ₹68.99FY26
- 52-week high
- ₹634.3527 Oct 2025
- 52-week low
- ₹196.249 Oct 2026
- 1-year return
- +7.9%
- RSI (14-day)
- 36.3
Returns to 21 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | −3.18% | −0.6% | −23.1% | −45.5% | +7.9% |
Indosolar quarterly results
| Quarter | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹28 Cr | ₹103 Cr | ₹192 Cr | ₹195 Cr | ₹203 Cr | ₹200 Cr | ₹83 Cr | ₹68 Cr |
| Revenue YoY | — | — | — | — | +635.2% | +93.7% | −56.7% | −64.9% |
| Net profit | ₹9 Cr | ₹10 Cr | ₹40 Cr | ₹117 Cr | ₹46 Cr | ₹41 Cr | ₹42 Cr | ₹37 Cr |
| Net profit YoY | — | — | — | — | +388.8% | +305.0% | +4.9% | −68.6% |
| Net margin | 34.4% | 9.9% | 20.9% | 60.0% | 22.9% | 20.8% | 50.5% | 53.6% |
| EPS | ₹2.28 | ₹2.46 | ₹9.63 | ₹28.07 | ₹11.14 | ₹9.97 | ₹10.09 | ₹8.80 |
Indosolar financials
| Item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹324 Cr | ₹680 Cr |
| Operating profit | −₹8 Cr | −₹15 Cr | −₹6 Cr | −₹15 Cr | ₹55 Cr | ₹234 Cr |
| Net profit | −₹8 Cr | −₹122 Cr | ₹1,081 Cr | −₹15 Cr | ₹55 Cr | ₹247 Cr |
| EPS (₹) | −₹0.21 | −₹3.29 | ₹178.36 | −₹3.71 | ₹13.17 | ₹59.27 |
| Cash from operations | −₹1 Cr | −₹0 Cr | −₹14 Cr | ₹18 Cr | ₹85 Cr | ₹78 Cr |
| Total debt | ₹5 Cr | ₹5 Cr | ₹8 Cr | ₹99 Cr | ₹35 Cr | ₹0 Cr |
| Shareholders' equity | −₹1,002 Cr | −₹1,124 Cr | ₹1 Cr | −₹14 Cr | ₹40 Cr | ₹287 Cr |
Indosolar shareholding pattern
| Holder | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|
| Promoters | 74.93% | 74.93% | 74.93% | 74.93% |
| Foreign institutions | 0.54% | 0.54% | 0.55% | 0.55% |
| Domestic institutions | 0.07% | 0.06% | 0.12% | 0.06% |
| Non-institutions | 24.47% | 24.48% | 24.39% | 24.47% |
Indosolar vs peers
The listed IT companies nearest to Indosolar by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| ONWARDTECOnward Technologies | ₹445.70 | −1.86% | +48.9% | ₹991 Cr | 22.8 | — |
| EXCELSOFTExcelsoft Technologies | ₹79.33 | −4.71% | — | ₹913 Cr | 19.3 | — |
| GENESYSGenesys International Corporation | ₹211.55 | −6.33% | −33.6% | ₹884 Cr | 26.7 | — |
| WAAREEINDOIndosolar | ₹206.13 | −3.18% | +7.9% | ₹858 Cr | 3.5 | — |
| VEEFINVeefin Solution | — | — | — | ₹832 Cr | — | — |
| QUICKHEALQuick Heal Technologies | ₹145.00 | −3.97% | −53.9% | ₹787 Cr | — | — |
| UNIFIEDUnified Data- T | — | — | — | ₹751 Cr | — | — |
Ask anything about Indosolar
Pivot answers on the live chart with evidence you can check, and tests strategies against WAAREEINDO's own history. Try: “Why has WAAREEINDO moved over the last three months?” · “Backtest a 50-day moving-average crossover on WAAREEINDO over five years” · “Compare WAAREEINDO with ONWARDTEC on margins and valuation”
Frequently asked questions about Indosolar
What is the share price of Indosolar today?
Indosolar (NSE: WAAREEINDO) last closed at ₹206.13 on 21 Oct 2026. Its 52-week high is ₹634.35 and its 52-week low is ₹196.24.
What is the market cap of Indosolar?
Indosolar's market capitalisation is ₹858 Cr (₹858 Cr) at the 21 Oct 2026 close, ranking 1536th among the NSE companies Pivot tracks.
What is the P/E ratio of Indosolar?
Indosolar trades at a trailing P/E of 3.5. The median P/E of the 3 closest IT peers by market cap is 22.8.
What is the ROE and ROCE of Indosolar?
Return on equity was 85.9% in FY26 and return on capital employed was 76.3% in FY26 (standalone figures).
Is Indosolar a debt-free company?
Indosolar is close to debt-free: its debt-to-equity ratio was 0 in FY26.
What were Indosolar's latest quarterly results?
For Q1 FY27 (quarter ended 30 Jun 2026), Indosolar reported revenue of ₹68 Cr, −64.9% year on year, and net profit of ₹37 Cr, −68.6% year on year.
How has Indosolar stock performed over the last year?
Indosolar's share price has risen 7.9% over the past year, −45.5% over three months and −23.1% over one month, to the 21 Oct 2026 close.
What is the shareholding pattern of Indosolar?
As of 30 Jun 2026: promoters 74.93%, foreign institutions 0.55%, domestic institutions 0.06%, non-institutions 24.47%.
Who are Indosolar's competitors?
The listed IT companies closest to Indosolar by market cap are Onward Technologies, Excelsoft Technologies, Genesys International Corporation, Veefin Solution, Quick Heal Technologies and Unified Data- T.
Is Indosolar a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Indosolar's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on WAAREEINDO against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 21 Oct 2026 (returns and ratios at the 21 Oct 2026 close). Fundamentals: company filings via Moneycontrol, standalone where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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