Insolation Energy Ltd Achieves 150% YoY Volume Growth, Plans to Add 3GW Solar Module Capacity

Insolation Energy Ltd, a leading player in Solar Panel Module Manufacturing, has reported a volume growth of over 150% YoY. The company has maintained and improved gross spreads, leading to profit margin expansion. With no single customer constituting more than 5% of their revenue, Insolation Energy has the lowest Net Working Capital days and the highest Return on Capital Employed in its history. The company plans to add another 3GW of solar module capacity and 12000MT of Aluminium frame manufacturing capacity before the end of FY25. It also aims to establish 1.5GW of cell manufacturing by the end of the next financial year. Insolation Energy aspires to cross S1B in revenue with 10%+ PAT margins in the next 3 years.