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Indosolar Limited Q2 FY27 results press release summary

NSE: WAAREEINDO · BSE: 533257

Results press release of 21 Oct 2026, summarised by AI from the filing.

The release gives no forward revenue, margin or profit guidance for FY27 or beyond.

Key takeaways

  1. No guidance The release gives no forward revenue, margin or profit guidance for FY27 or beyond.
  2. Margin fall Operating EBITDA margin 9.52% in Q2 FY27 against 34.92% in Q2 FY26.
  3. Volume shift Module sold 98 MW in Q2 FY27 against 249 MW in Q2 FY26, with volumes moving from tolling to owned manufacturing.
  4. Cost pressure Elevated raw material costs and lower industry capacity utilisation weighed on performance.

Original filing on BSE

Indosolar Limited Q2 FY27 results

As filed: Revenue ₹156 cr (−23% year on year), EBITDA ₹14.8 cr (−79% year on year), PAT ₹5.0 cr (−89% year on year), EBITDA margin 9.5% (−1,000 bps).

The Q2 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

  • Q1 FY27: Revenue ₹68.4 cr (−65% year on year), EBITDA ₹48.5 cr (−24% year on year), PAT ₹36.6 cr (−69% year on year), EBITDA margin 70.9% (+1,000 bps). Score 18 of 100, Below trend. EBITDA margin rose 1000 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 18% from last quarter. Share price after the results: −23.5% in 29 days (Nifty 500: +2.4%).
  • Q4 FY26: Revenue ₹83.1 cr, EBITDA ₹64.3 cr, PAT ₹42.0 cr, EBITDA margin 77.4%. Not scored. No result for the same quarter last year. Share price after the results: −27.2% in 30 days (Nifty 500: −1.3%).
  • Q3 FY26: Revenue ₹200 cr, EBITDA ₹71.0 cr, PAT ₹41.5 cr, EBITDA margin 35.6%. Not scored. No result for the same quarter last year. Share price after the results: −6.7% in 28 days (Nifty 500: −0.7%).
  • Q2 FY26: Revenue ₹203 cr, EBITDA ₹70.0 cr, PAT ₹46.0 cr, EBITDA margin 34.5%. Not scored. No result for the same quarter last year. Share price after the results: −18.5% in 24 days (Nifty 500: +2.4%).
  • Q1 FY26: Revenue ₹195 cr, EBITDA ₹64.0 cr, PAT ₹117 cr, EBITDA margin 32.8%. Not scored. No result for the same quarter last year. Share price after the results: +47.7% in 21 days (Nifty 500: −3.7%).

Past price moves after results do not indicate future moves. Not a recommendation.

Indosolar Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.