Insolation Energy

Insolation Energy delivered a strong FY26 with revenue of ₹2,146 croreCurrent reported value: ₹2,146 crore. No comparable prior figure is available in the source record. (+61Current reported value: 61. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹305 croreCurrent reported value: ₹305 crore. No comparable prior figure is available in the source record. (+79% YoY), and PAT of ₹201 croreCurrent reported value: ₹201 crore. No comparable prior figure is available in the source record. (+59Current reported value: 59. No comparable prior figure is available in the source record.% YoY). EBITDA margin expanded 120bps to 14.2%Current reported value: 14.2%. No comparable prior figure is available in the source record. driven by operating leverage. Q4 revenue surged 100% YoY to ₹794Current reported value: 794. No comparable prior figure is available in the source record. crore. Growth was fueled by robust demand across utility-scale, rooftop, and channel partner segments, supported by 5.5 GWCurrent 5.5 GW. Reported change: +450% YoY. module capacity. The company is executing a 4.5 GW solar cell facility (COD Q3 FY27) and an aluminum frame line (Q1 FY27), targeting backward integration and margin expansion to 17-18% post-cell commissioning. Management guided for similar or higher revenue growth in FY27 and reiterated a 20%+ EBITDA margin target for FY28. Key risk: raw material price volatility and ALMM Part 2 implementation could pressure near-term margins.