# Indosolar (NSE: WAAREEINDO) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/WAAREEINDO · Pivot · prices to 21 Oct 2026

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

| Metric | Value |
| --- | --- |
| Last close | ₹206.13 |
| Market cap | ₹858 Cr |
| P/E (trailing) | 3.5 |
| ROE | 85.9% (FY26) |
| ROCE | 76.3% (FY26) |
| Debt to equity | 0 |
| 52-week high | ₹634.35 (27 Oct 2025) |
| 52-week low | ₹196.24 (9 Oct 2026) |
| 1-year return | +7.9% |

## Quarterly results (₹ crore, standalone)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q1 FY27 | ₹68 Cr | −64.9% | ₹37 Cr | −68.6% | ₹8.80 |
| Q4 FY26 | ₹83 Cr | −56.7% | ₹42 Cr | +4.9% | ₹10.09 |
| Q3 FY26 | ₹200 Cr | +93.7% | ₹41 Cr | +305.0% | ₹9.97 |
| Q2 FY26 | ₹203 Cr | +635.2% | ₹46 Cr | +388.8% | ₹11.14 |
| Q1 FY26 | ₹195 Cr | — | ₹117 Cr | — | ₹28.07 |
| Q4 FY25 | ₹192 Cr | — | ₹40 Cr | — | ₹9.63 |
| Q3 FY25 | ₹103 Cr | — | ₹10 Cr | — | ₹2.46 |
| Q2 FY25 | ₹28 Cr | — | ₹9 Cr | — | ₹2.28 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY26 | ₹680 Cr | ₹247 Cr |
| FY25 | ₹324 Cr | ₹55 Cr |
| FY24 | ₹0 Cr | −₹15 Cr |
| FY23 | ₹0 Cr | ₹1,081 Cr |
| FY22 | ₹0 Cr | −₹122 Cr |
| FY21 | ₹0 Cr | −₹8 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 74.93%
- Foreign institutions: 0.55%
- Domestic institutions: 0.06%
- Non-institutions: 24.47%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Onward Technologies](https://app.pivotnow.in/stock/ONWARDTEC) | ₹445.70 | ₹991 Cr | 22.8 | — |
| [Excelsoft Technologies](https://app.pivotnow.in/stock/EXCELSOFT) | ₹79.33 | ₹913 Cr | 19.3 | — |
| [Genesys International Corporation](https://app.pivotnow.in/stock/GENESYS) | ₹211.55 | ₹884 Cr | 26.7 | — |
| [Veefin Solution](https://app.pivotnow.in/stock/VEEFIN) | — | ₹832 Cr | — | — |
| [Quick Heal Technologies](https://app.pivotnow.in/stock/QUICKHEAL) | ₹145.00 | ₹787 Cr | — | — |
| [Unified Data- T](https://app.pivotnow.in/stock/UNIFIED) | — | ₹751 Cr | — | — |

## Questions and answers

### 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.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.