Insolation Energy Ltd

Insolation Energy Ltd. has released the transcript of its Q4 and Financial Year ended March 31, 2026 earnings conference call held on May 27, 2026. Key management personnel, including Mr. Manish Gupta (Chairman), Mr. Vikas Jain (Managing Director), and Mr. Ravi Dusad (CFO), discussed the company's operational and strategic highlights, financial performance, and future outlook. The company highlighted its focus on sustainable growth, operational excellence, and long-term value creation, along with its expansion plans and technological advancements.

Insolation Energy Ltd reported strong FY26 results, with revenue rising 61.02% YoY to ₹2,163.52 Cr, EBITDA growing 76.50% YoY to ₹304.61 Cr, and PAT increasing 59.75% YoY to ₹200.63 Cr. The company's performance was driven by scale expansion and integrated manufacturing progress. Insolation Energy also migrated to the Main Board of NSE and BSE and expanded module manufacturing capacity to 5.5 GW.

Insolation Energy Ltd confirms no deviation or variation in the utilization of ₹395.19 Crore raised through a preferential issue as of March 31, 2026. The funds were used in line with the stated objectives in the offer document. The Audit Committee and Board of Directors reviewed and noted the statement of deviation or variation on May 25, 2026. The funds were primarily allocated to investment in Insolation Green Energy Private Limited and for general corporate purposes.

Insolation Energy Ltd's board approved the continuation of Mr. Anil Kumar Gupta (DIN: 03573328) as a Non-Executive Independent Director from July 10, 2026 (when he turns 75) until the end of his current term on February 9, 2029. The decision, based on the Nomination and Remuneration Committee's recommendation, is subject to shareholder approval and maintains the terms and conditions previously approved on March 4, 2024.

Insolation Energy Ltd has appointed M/s. RBSN & Co, Chartered Accountants (FRN:019015C), as the Internal Auditors of the company for the financial year 2026-27. This appointment was approved by the Board of Directors on May 25, 2026, following the recommendation of the Audit Committee. The company also re-appointed M/s. Deepak Mittal & Co., Cost Accountants as Cost Auditors for the financial year 2026-27 and appointed M/s. ARS & Company, Chartered Accountants as Statutory Auditors for a term of five consecutive years.

Insolation Energy Ltd's board, in its meeting on May 25, 2026, approved the appointment of ARS & Company as statutory auditors for five years, re-appointment of Deepak Mittal & Co. as cost auditors for FY26-27, and appointment of RBSN & Co. as internal auditors for FY26-27.

Insolation Energy Ltd's board, on May 25, 2026, approved the appointment of M/s. ARS & Company as statutory auditors for five years, re-appointed M/s. Deepak Mittal & Co. as cost auditors for FY26-27, and appointed M/s. RBSN & Co. as internal auditors for FY26-27, following the recommendation of the Audit Committee.

Insolation Energy Ltd announced the appointment of Mr. Anil Kumar Gupta as a Non-Executive Independent Director to the board of its unlisted material subsidiary, Insolation Green Energy Private Limited. The appointment is effective from May 25, 2026, and was approved by the Board of Directors in their meeting held on the same day, as per Regulation 30 read with Regulation 24(1) of the SEBI (LODR) 2015.

Insolation Energy Ltd's board approved the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The board also approved the allotment of 54,750 equity shares under the ESOP 2024, amendments to the ESOP plan, continuation of directorship for Mr. Anil Kumar Gupta, and his appointment to Insolation Green Energy Private Limited. Additionally, the appointment of ARS & Company as Statutory Auditors, re-appointment of Deepak Mittal & Co. as Cost Auditors, and appointment of RBSN & Co. as Internal Auditor were approved.

Insolation Energy Ltd's board approved audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026. The board also approved the allotment of 54,750 equity shares under ESOP 2024, amendment to ESOP 2024, continuation of directorship of Mr. Anil Kumar Gupta, appointment of Mr. Anil Kumar Gupta as Non-Executive Independent Director of Insolation Green Energy Private Limited, appointment of Statutory Auditors, re-appointment of Cost Auditors and appointment of internal auditor.