Summary

Insolation Energy Limited announced its unaudited financial results for Q1FY27, reporting a remarkable 105.37% year-over-year revenue growth to ₹745.40 Cr. EBITDA also demonstrated strong performance, increasing by 32.97% YoY to ₹76.87 Cr, though EBITDA and PAT margins for the quarter were 10.31% and 5.10% respectively. The company highlighted its robust order book of over 2.1 GW and progress in backward integration projects, which are expected to contribute to future margin expansion. Management expressed satisfaction with the strong top-line execution during the quarter.

Key Highlights

1. 1

   Insolation Energy Limited reported a significant year-over-year revenue growth of 105.37%, reaching ₹745.40 Cr in Q1FY27.

2. 2

   EBITDA saw a year-over-year increase of 32.97%, amounting to ₹76.87 Cr for the first quarter of FY27.

3. 3

   The company maintained an order book of over 2.1 GW as of Q1FY27, providing strong forward revenue visibility.

4. 4

   A substantial order win of ₹558.29 Cr from NTPC Renewable Energy was secured for solar PV modules, reinforcing FY27 order-book visibility.

5. 5

   Progress on backward integration facilities, including upcoming TOPCon solar cell and aluminium frame manufacturing, is proceeding as planned for H2FY27 and FY27 commissioning.

6. 6

   Module manufacturing capacity is at 5.5 GW with plans to scale to approximately 7 GW, supported by automation advancements.