India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,545 Hitesh Chimanlal Doshi ₹1,300 Cr
- #1,545 Viren Chimanlal Doshi ₹1,300 Cr
Market Cap
₹906 Cr
WAAREEINDO · NSE
Share Price
₹217.31
-0.23% today
Revenue
₹680 Cr
FY 2025-26 · +109.9% YoY
EBITDA
₹271 Cr
Margin 39.8%
Net Profit
₹247 Cr
FY 2025-26 · +350.6% YoY
P/E (TTM)
7.2x
P/B 2.7x
ROE
38.6%
ROCE 34.5%
Debt / Equity
0.16
Interest cover 0.5x
About Indosolar Limited
Data last updated:
Indosolar Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Waaree Energies Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 April 2005 and has been in existence for over 21 years.
Its director Hitesh Chimanlal Doshi is #1,545 among India's richest people (2026). Its director Viren Chimanlal Doshi is #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L18101DL2005PLC134879. Its GSTIN is 09AADCR2872D1ZE (Uttar Pradesh). The company holds 7 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 533257 and NSE: WAAREEINDO.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹41.6 Cr. It was formerly known as Robin Solar Private Limited and Robin Garments Private Limited. It is led by directors including Hitesh Chimanlal Doshi (Managing Director) and Jayesh Dhirajlal Shah.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Unit No. 301 3rd Floor Building 02, Southern Park Saket New Delhi – 110017, Delhi, India – 110017.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹679.85 Cr, a growth of 109.9% compared to the previous year. For the same year it recorded a net profit of ₹246.59 Cr (net margin 36.3%) and EBITDA of ₹270.74 Cr (EBITDA margin 39.8%). The net worth stands at ₹287 Cr (up 610.2% YoY). Total assets are valued at ₹308.93 Cr (up 183.6% YoY).
As per MCA filings, the company has open charges of ₹52 Cr and satisfied charges of ₹4,302.91 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indosolar.co.in.
Company details
CIN L18101DL2005PLC134879
Registration Number 134879
Incorporation Date 08 April 2005
ROC Delhi
Listing Status Listed - Listed on NSE (WAAREEINDO); Listed on BSE (533257)
Company Status Active
Parent Company Waaree Energies Limited
Compliance Status Active Compliant
Name history
Indosolar has undergone 4 name changes throughout its history. The current legal name is Indosolar Limited.
| Company Name | Status |
|---|---|
| Indosolar Limited | Current |
| Robin Solar Private Limited | Previous |
| Robin Garments Private Limited | Previous |
| Robin Solar Limited | Previous |
| Robin Solar Limited | Previous |
CIN history
Indosolar has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L18101DL2005PLC134879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18101DL2005PLC134879 | Current |
| U18101DL2005PTC134879 | Previous |
| U18101DL2005PLC134879 | Previous |
Key People
Hitesh Chimanlal Doshi Managing Director Jayesh Dhirajlal Shah Director Anita Jaiswal Director Recognitions & Rankings of Indosolar
Contact details
Indosolar Limited's registered office is in New Delhi, Delhi. Its website is indosolar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 301 3rd Floor Building 02, Southern Park Saket New Delhi – 110017, Delhi, India – 110017
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Indosolar Limited, buy the company report.
Comprehensive company report
Indosolar Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Indosolar Limited
FY 2025-26 filings availableIndosolar Limited reported revenue of ₹679.85 Cr (up 109.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹680 Cr
+109.9% YoY
EBITDA
₹271 Cr
+184.8% YoY
Profit After Tax
₹247 Cr
+350.6% YoY
Net Worth
₹287 Cr
+610.2% YoY
Total Assets
₹309 Cr
+183.6% YoY
Total Debt
₹3.07 Cr
-93.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 680 | 324 | 0.00 | 0.00 | 0.00 | 13.22 | 314 |
| Revenue growth | +109.9% | - | - | - | - | -95.8% | - |
| EBITDA | 271 | 95.07 | (3.95) | (1.99) | (115) | (453) | (85.50) |
| EBITDA margin | +39.8% | +29.4% | - | - | - | -3425.5% | -27.2% |
| Profit before tax | 234 | 54.80 | (15.45) | 1,081 | (122) | (525) | (163) |
| Net profit | 247 | 54.73 | (12.97) | (7.21) | (14.85) | (96.72) | (98.74) |
| Net profit margin | +36.3% | +16.9% | - | - | - | -731.6% | -31.4% |
| EPS (₹) | 59.27 | 13.17 | (3.71) | 259.87 | (3.29) | 0.00 | 0.00 |
| Balance sheet | |||||||
| Total assets | 309 | 109 | 123 | 64.12 | (290) | (152) | 364 |
| Net worth | 287 | 40.41 | (14.37) | 1.07 | (1,120) | (981) | (336) |
| Total debt | 3.07 | 50.04 | 102 | 60.50 | 829 | 829 | 700 |
| Cash & bank | 5.76 | 17.10 | 5.04 | 4.25 | 4.53 | 4.72 | 6.45 |
| Net working capital | 203 | (14.73) | (19.43) | 5.22 | (399) | (392) | (336) |
| Cash flow | |||||||
| Cash from operations | 78.37 | 85.05 | 18.31 | (14.36) | (0.48) | 32.45 | 29.23 |
| Cash from investing | (24.46) | (19.72) | (56.09) | (2.73) | 0.15 | (22.83) | (8.00) |
| Cash from financing | (65.85) | (53.23) | 37.85 | 17.70 | 0.57 | (11.87) | (24.94) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 68.36 | 83.10 | 200 | 203 | 195 | 192 | 103 |
| Revenue growth (YoY) | -23.2% | -64.9% | -56.7% | +93.7% | +620.8% | - | - | - |
| Other income | 1.58 | 8.39 | 1.13 | 0.17 | 0.01 | 1.32 | 0.58 | 0.89 |
| Total expenses | 141 | 19.90 | 18.77 | 129 | 132 | 131 | 142 | 79.55 |
| EBITDA | 14.82 | 48.46 | 64.33 | 71.00 | 70.73 | 63.57 | 50.17 | 23.46 |
| EBITDA margin | +9.5% | +70.9% | +77.4% | +35.6% | +34.9% | +32.7% | +26.1% | +22.8% |
| Depreciation | 9.63 | 9.30 | 9.14 | 9.25 | 9.22 | 9.10 | 8.97 | 9.34 |
| Interest | 0.06 | 0.08 | 0.01 | 0.25 | 0.38 | 0.62 | 1.75 | 4.78 |
| Profit before tax | 6.71 | 47.47 | 56.31 | 61.67 | 61.14 | 55.17 | 40.03 | 10.23 |
| Tax | 1.69 | 10.85 | 14.32 | 20.21 | 14.80 | (61.64) | 0.00 | 0.00 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 156 | 68.36 | 83.10 | 200 | 203 | 195 | 192 | 103 |
| Revenue growth (YoY) | -23.2% | -64.9% | -56.7% | +93.7% | +620.8% | - | - | - |
| Other income | 1.58 | 8.39 | 1.13 | 0.17 | 0.01 | 1.32 | 0.58 | 0.89 |
| Total expenses | 141 | 19.90 | 18.77 | 129 | 132 | 131 | 142 | 79.55 |
| EBITDA | 14.82 | 48.46 | 64.33 | 71.00 | 70.73 | 63.57 | 50.17 | 23.46 |
| EBITDA margin | +9.5% | +70.9% | +77.4% | +35.6% | +34.9% | +32.7% | +26.1% | +22.8% |
| Depreciation | 9.63 | 9.30 | 9.14 | 9.25 | 9.22 | 9.10 | 8.97 | 9.34 |
| Interest | 0.06 | 0.08 | 0.01 | 0.25 | 0.38 | 0.62 | 1.75 | 4.78 |
| Profit before tax | 6.71 | 47.47 | 56.31 | 61.67 | 61.14 | 55.17 | 40.03 | 10.23 |
| Tax | 1.69 | 10.85 | 14.32 | 20.21 | 14.80 | (61.64) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Revenue | 680 | 324 | 0.00 | 0.00 | 0.00 | 13.22 | 314 |
| Revenue growth | +109.9% | - | - | - | - | -95.8% | - |
| Other income | 1.52 | 0.84 | 0.85 | 1,089 | 0.19 | 2.90 | 4.31 |
| Total expenses | 409 | 229 | 3.95 | 1.99 | 115 | 466 | 400 |
| Employee cost | 5.79 | 3.06 | 0.06 | 0.02 | 0.20 | 4.56 | 14.58 |
| EBITDA | 271 | 95.07 | (3.95) | (1.99) | (115) | (453) | (85.50) |
| EBITDA margin | +39.8% | +29.4% | - | - | - | -3425.5% | -27.2% |
| Depreciation | 36.71 | 27.33 | 4.58 | 4.25 | 7.11 | 24.14 | 28.11 |
| Interest | 1.27 | 13.78 | 7.77 | 1.10 | 0.00 | 50.93 | 53.52 |
| Profit before tax | 234 | 54.80 | (15.45) | 1,081 | (122) | (525) | (163) |
| Tax | (12.31) | 0.00 | 0.00 | 0.24 | 0.00 | 0.00 | 0.02 |
| Net profit | 247 | 54.73 | (12.97) | (7.21) | (14.85) | (96.72) | (98.74) |
| Net profit margin | +36.3% | +16.9% | - | - | - | -731.6% | -31.4% |
| EPS (₹) | 59.27 | 13.17 | (3.71) | 259.87 | (3.29) | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.60 | 41.60 | 41.60 | 41.60 | 372 | 372 | 492 |
| Reserves & surplus | 245 | (1.19) | (55.97) | (40.53) | (1,492) | (1,357) | (832) |
| Shareholders' funds (net worth) | 287 | 40.41 | (14.37) | 1.07 | (1,120) | (981) | (336) |
| Secured loans | 0.00 | 0.00 | 0.00 | 38.57 | 34.81 | 822 | 694 |
| Unsecured loans | 3.07 | 50.04 | 102 | 21.93 | 794 | 6.69 | 5.89 |
| Total debt | 3.07 | 50.04 | 102 | 60.50 | 829 | 829 | 700 |
| Total liabilities | 309 | 109 | 123 | 64.12 | (290) | (152) | 364 |
| Assets | |||||||
| Gross block | 238 | 233 | 130 | 126 | 235 | 236 | 484 |
| Net block | 91.03 | 122 | 47.45 | 48.12 | 82.02 | 154 | 427 |
| Capital work in progress | 0.00 | 0.11 | 93.82 | 3.75 | 26.53 | 82.99 | 257 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 21.08 | 74.43 | 0.16 | 0.00 | 0.00 | 5.37 | 26.66 |
| Sundry debtors | 210 | 4.66 | 0.00 | 0.00 | 0.00 | 0.15 | 2.91 |
| Cash & bank balances | 5.76 | 17.10 | 5.04 | 4.25 | 4.53 | 4.72 | 6.45 |
| Loans & advances | 1.95 | 20.89 | 2.92 | 2.17 | 2.46 | 9.25 | 8.26 |
| Total current assets | 238 | 117 | 8.12 | 6.42 | 6.99 | 19.49 | 44.28 |
| Total current liabilities | 35.47 | 132 | 27.55 | 1.20 | 406 | 411 | 380 |
| Net working capital | 203 | (14.73) | (19.43) | 5.22 | (399) | (392) | (336) |
| Total assets | 309 | 109 | 123 | 64.12 | (290) | (152) | 364 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.03 | 0.93 | 0.86 | 0.25 | 0.01 | 2.92 | 6.65 |
| Net cash from operating activities | 78.37 | 85.05 | 18.31 | (14.36) | (0.48) | 32.45 | 29.23 |
| Net cash from investing activities | (24.46) | (19.72) | (56.09) | (2.73) | 0.15 | (22.83) | (8.00) |
| Net cash from financing activities | (65.85) | (53.23) | 37.85 | 17.70 | 0.57 | (11.87) | (24.94) |
| Net change in cash | (11.94) | 12.10 | 0.07 | 0.61 | 0.24 | (2.25) | (3.72) |
| Closing cash | 5.76 | 17.10 | 5.04 | 4.25 | 4.53 | 4.72 | 6.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +109.9% | - | - | - | - | -95.8% | - |
| EBITDA growth | +184.8% | +2506.8% | -98.5% | +98.3% | - | -429.7% | - |
| PBT growth | +327.5% | +9998.0% | - | +9998.0% | +76.7% | -222.5% | -181.7% |
| Net income growth | +350.6% | +522.0% | -79.9% | +51.5% | - | +2.1% | - |
| Revenue CAGR (3Y) | - | - | -100.0% | -100.0% | -100.0% | -62.8% | +2.0% |
| EBITDA CAGR (3Y) | - | - | -79.4% | -71.5% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +36.3% | +16.9% | - | - | - | -3971.4% | -51.8% |
| Return on capital employed | +34.5% | +16.5% | 0.0% | -3.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +38.6% | +17.6% | 0.0% | +3.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.16 | 5.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.12 | 5.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.54 | 20.34 | -91.09 | -17.63 | 0.00 | -10.68 | -47.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.89 | 1.78 | 0.00 | 0.00 | 0.00 | 0.04 | 0.65 |
| Inventory turnover | 14.24 | 8.69 | 0.00 | 0.00 | 0.00 | 0.83 | 9.92 |
| Debtors turnover | 6.35 | 139.02 | 0.00 | 0.00 | 0.00 | 8.64 | 44.49 |
| EPS (₹) | 59.27 | 13.17 | (3.71) | 259.87 | (3.29) | 0.00 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 68.99 | 9.71 | (3.45) | 0.26 | (30.10) | (26.48) | (12.37) |
To see the full year-wise statements and ratios of Indosolar Limited, buy the company report.
Board of directors of Indosolar Limited
Indosolar has 8 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Chimanlal Doshi | Managing Director | 18 May 2022 | 4 Years 5 Months | Current |
| Jayesh Dhirajlal Shah Also directs: Waaree Technologies Limited | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
| Anita Jaiswal Also directs: Waaree Technologies Limited | Director | 29 Aug 2022 | 4 Years 2 Months | Current |
| Mahesh Ramchand Chhabria | Director | 17 Apr 2025 | 1 Years 6 Months | Current |
| Hitesh Pranjivan Mehta Also directs: Waaree Energies Limited, Waaree Renewable Technologies Limited, Waaree Green Aluminium Private Limited and 4 more | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
| Viren Doshi Chimanlal | Director | 18 May 2022 | 4 Years 5 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Indosolar Limited is audited by S G C O & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & Co. LLP | FY 2024 | 112081W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.90%, foreign institutional investors hold 0.50%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 24.50%.
Sep 2026
QUARTER
74.90% Promoters
0.10% DII (Domestic Institutional)
0.50% FII (Foreign Institutional)
24.50% Retail & Others
Promoter holding - history
Now 74.90% · Sep 2026High 74.90% · Dec 2025Low 74.90% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.90% | 74.90% | 74.90% | 74.90% |
| Public | 25.10% | 25.10% | 25.10% | 25.10% |
Charges & borrowings
Open charges
₹52 Cr
Satisfied charges
₹4,302.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2025 | 101102711 | The Hongkong and Shanghai Banking Corporation Limited | ₹52 Cr | Open | |
| 29 Dec 2011 | 10331792 | Union Bank of India | ₹470.74 Cr | Satisfied | |
| 21 Mar 2011 | 10276844 | Andhra Bank | ₹20.38 Cr | Satisfied | |
| 09 Mar 2011 | 10281092 | Union Bank of India | ₹228 Cr | Satisfied | |
| 10 Jan 2011 | 10270099 | Andhra Bank | ₹22 Cr | Satisfied |
To see the full charge records of Indosolar Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Indosolar Limited has 4 court cases on record: 1 filed by Indosolar, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (MV) | Filed against the company by Up State | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Motor Vehicle Challan) | Filed against the company by Up State | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Indosolar Limited | Disposed |
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed by the company | Disposed |
To see the full case history of Indosolar Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Indosolar Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ritu Tech | |||
| Akg & Associates |
To see the full MSME payment records of Indosolar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Indosolar has 7 GST registrations: 1 active and 6 cancelled or inactive.
Total GSTINs
7
Active
1
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCR2872D1ZE | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indosolar Limited, buy the company report.
Recent activity
Indosolar Limited has 48 board changes on record since 2005: 30 appointments and 18 cessations. The latest: Nilesh Bhogilal Gandhi was appointed as Additional Director on 20 Apr 2026.
Appointed
Nilesh Bhogilal Gandhi was appointed as Additional Director.
Filing
Indosolar Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Delhi I.
Appointed
Jignesh Devchandbhai Rathod was appointed as Director.
AGM
Indosolar Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Ceased
Nilesh Bhogilal Gandhi ceased to be Director.
Appointed
Shiv Kumar Agarwal was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 52.00 Cr with Charge ID 101102711 was registered on 14 May 2025.
Appointed
Amit Ashok Paithankar was appointed as Director.
Appointed
Mahesh Ramchand Chhabria was appointed as Director.
Appointed
Sonal Shrivastava was appointed as CFO.
Appointed
Nilesh Bhogilal Gandhi was appointed as Director.
Ceased
Ambika Sharma ceased to be Additional Director.
85 earlier events are in the company report.
News
WAAREEINDO: Q2 REVENUE 1.57B RUPEES VS 2B (YOY)
WAAREEINDO: Q2 SL NET PROFIT 50M RUPEES VS 463M (YOY)
WAAREEINDO: Q2 EBITDA 148M RUPEES VS 707M (YOY); Q2 EBITDA MARGIN 9.70% VS 34.92% (YOY)
Frequently asked questions
Indosolar is an active public limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 April 2005 (21+ years old) and is registered under CIN L18101DL2005PLC134879. Listed on BSE: 533257 and NSE: WAAREEINDO.
Indosolar reported revenue of ₹679.85 Cr for FY 2025-26 (up 109.9% YoY) based on standalone financials.
Indosolar has 8 current directors:
- Hitesh Chimanlal Doshi - Managing Director
- Jayesh Dhirajlal Shah - Director
- Anita Jaiswal - Director
- Mahesh Ramchand Chhabria - Director
- Hitesh Pranjivan Mehta - Director
- Viren Doshi Chimanlal - Director
- Jignesh Devchandbhai Rathod - Director
- Nilesh Bhogilal Gandhi - Additional Director
The latest financial statements of Indosolar on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indosolar is 09AADCR2872D1ZE, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indosolar is L18101DL2005PLC134879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Indosolar is a listed company as per MCA records. Its shares are listed on both BSE (code: 533257) and NSE (symbol: WAAREEINDO).
Indosolar has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Indosolar was incorporated on 08 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Nilesh Bhogilal Gandhi was appointed as Additional Director on 20 Apr 2026. Jignesh Devchandbhai Rathod was appointed as Director on 16 Jan 2026. Nilesh Bhogilal Gandhi ceased to be Director on 18 Jul 2025. Indosolar has 48 board changes on record in total.
Indosolar has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Apr 2023.
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