About Insolation Energy Limited
Data last updated: 01 January 2026
Insolation Energy Limited is a public limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It specialises in musical instrument, a part of the broader musical instruments sector. Incorporated on 15 October 2015, the company has been in operation for over 11 years.
Registered with ROC Jaipur under CIN L40104RJ2015PLC048445. Listed on BSE: 543620.
Capital: an authorised share capital of ₹27 Cr and a paid-up capital of ₹22.04 Cr. Formerly known as Insolation Energy Private Limited. It is led by directors including Manish Gupta and Pallavi Mishra.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: C – 02 New Aatish Market Extension, Jaipur, Rajasthan, India – 302029.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,343.02 Cr, a growth of 81% compared to the previous year.
The company has a workforce of approximately 109 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Insolation Energy. As per MCA filings, the company has open charges of ₹485.59 Cr and satisfied charges of ₹40.42 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website insolationenergy.in.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressC – 02 New Aatish Market Extension, Jaipur, Rajasthan, India – 302029
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IndustryMusical Instruments, Musical Instrument, Manufacturing, Sports Goods, Jewellery
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Insolation Energy Limited
Insolation Energy Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40104RJ2015PLC048445, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40104RJ2015PLC048445 | Current |
| U40104RJ2015PTC048445 | Previous |
| U40104RJ2015PLC048445 | Previous |
Associated Brands with Insolation Energy Limited
Insolation Energy Limited operates one associated brand: Insolation Energy. These brands represent Insolation Energy Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Solar PV modules and panels are manufactured for various applications. | insolationenergy.in |
Competitors & Alternatives of Insolation Energy Limited
Brands and companies operating in the same space as Insolation Energy Limited include Goldi Solar, Trina Solar, Kyocera and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Manufacturer of solar PV modules | Surat, India, India | 2011 |
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Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States, United States | 1997 |
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Kyocera is engaged in providing technology solutions globally. | Horse Shoe, United States, United States | 1959 |
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Manufacturer of solar panel | Surat, India, India | 2013 |
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Solar panels and power storage products are manufactured. | Gurugram, India, India | 1988 |
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Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | Bengaluru, India, India | 1992 |
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PV modules are manufactured by HHV Solar Technologies in India. | Bengaluru, India, India | 2008 |
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PV modules, solar tiles, and related solar products are manufactured. | Delhi, India, India | 1983 |
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Manufactures solar modules and offers EPC services for renewable energy projects in India. | Ambala, India, India | 2015 |
Business Activity of Insolation Energy Limited
Insolation Energy Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Insolation Energy Limited
Insolation Energy Limited is audited by Badaya & Co. (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Badaya & Co. (ICAI peer reviewed, certificate valid till 2027-09-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Insolation Energy Limited
Insolation Energy Limited is currently managed by 11 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Insolation Energy Limited FY 2026 filings available
Insolation Energy Limited reported revenue of ₹2,146.02 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹2,146.02 Cr |
| Other Income | ₹17.5 Cr |
| Total Income | ₹2,163.52 Cr |
| Cost of Materials Consumed | ₹1,662.13 Cr |
| Purchases of Stock-in-Trade | ₹272.06 Cr |
| Changes in Inventories | -₹218.74 Cr |
| Employee Benefit Expense | ₹50.54 Cr |
| Finance Costs | ₹23.54 Cr |
| Depreciation & Amortisation | ₹35.8 Cr |
| Other Expenses | ₹92.92 Cr |
| Total Expenses | ₹1,918.24 Cr |
| Profit Before Exceptional Items & Tax | ₹245.29 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹245.29 Cr |
| Total Tax Expense | ₹44.65 Cr |
| Net Profit | ₹200.63 Cr |
| attributable to Owners | ₹200.22 Cr |
| attributable to NCI | ₹41.49 Lakh |
| Other Comprehensive Income | -₹16.01 Lakh |
| Total Comprehensive Income | ₹200.47 Cr |
| EBITDA (computed) | ₹304.62 Cr |
| Basic EPS | ₹9.10 |
| Diluted EPS | ₹9.10 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹2,155.13 Cr |
| Non-current Assets | ₹745.42 Cr |
| Current Assets | ₹1,409.71 Cr |
| Property, Plant & Equipment | ₹473.77 Cr |
| Inventories | ₹379.05 Cr |
| Trade Receivables | ₹281.59 Cr |
| Cash & Equivalents | ₹87.99 Cr |
| Equity (Net Worth) | ₹808.47 Cr |
| Equity Share Capital | ₹22.04 Cr |
| Borrowings (Non-current) | ₹468.89 Cr |
| Borrowings (Current) | ₹365.91 Cr |
| Total Debt (computed) | ₹834.8 Cr |
| Current Liabilities | ₹758.29 Cr |
| Total Liabilities | ₹1,346.65 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹73.13 Cr |
| Investing Cash Flow | -₹185.57 Cr |
| Financing Cash Flow | ₹697.8 Cr |
| Capital Expenditure | ₹448.05 Cr |
| Free Cash Flow (computed) | -₹521.18 Cr |
| Dividends Paid | ₹2.2 Cr |
| Net Change in Cash | ₹439.1 Cr |
| Metrics | Q4 FY26 |
|---|---|
| Revenue from Operations | ₹793.93 Cr |
| Other Income | -₹1.55 Cr |
| Total Income | ₹792.38 Cr |
| Cost of Materials Consumed | ₹617.99 Cr |
| Purchases of Stock-in-Trade | ₹160.78 Cr |
| Changes in Inventories | -₹151.54 Cr |
| Employee Benefit Expense | ₹16.69 Cr |
| Finance Costs | ₹7.85 Cr |
| Depreciation & Amortisation | ₹14.96 Cr |
| Other Expenses | ₹39.35 Cr |
| Total Expenses | ₹706.09 Cr |
| Profit Before Exceptional Items & Tax | ₹86.29 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹86.29 Cr |
| Total Tax Expense | ₹16.45 Cr |
| Net Profit | ₹69.84 Cr |
| attributable to Owners | ₹70.07 Cr |
| attributable to NCI | -₹22.91 Lakh |
| Other Comprehensive Income | ₹18.82 Lakh |
| Total Comprehensive Income | ₹70.03 Cr |
| EBITDA (computed) | ₹109.1 Cr |
| Basic EPS | ₹3.17 |
| Diluted EPS | ₹3.17 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹98.03 Cr |
| Other Income | ₹7.58 Cr |
| Total Income | ₹105.6 Cr |
| Cost of Materials Consumed | ₹75.78 Cr |
| Purchases of Stock-in-Trade | ₹10.87 Cr |
| Changes in Inventories | -₹5.55 Cr |
| Employee Benefit Expense | ₹4.29 Cr |
| Finance Costs | ₹2.58 Cr |
| Depreciation & Amortisation | ₹3.19 Cr |
| Other Expenses | ₹5.08 Cr |
| Total Expenses | ₹96.25 Cr |
| Profit Before Exceptional Items & Tax | ₹9.35 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹9.35 Cr |
| Total Tax Expense | ₹2.17 Cr |
| Net Profit | ₹7.18 Cr |
| Other Comprehensive Income | -₹64,000 |
| Total Comprehensive Income | ₹7.18 Cr |
| EBITDA (computed) | ₹15.13 Cr |
| Basic EPS | ₹0.33 |
| Diluted EPS | ₹0.33 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹544.04 Cr |
| Non-current Assets | ₹446.23 Cr |
| Current Assets | ₹97.81 Cr |
| Property, Plant & Equipment | ₹33.85 Cr |
| Inventories | ₹15.05 Cr |
| Trade Receivables | ₹48.85 Cr |
| Cash & Equivalents | ₹1.92 Cr |
| Equity (Net Worth) | ₹441.86 Cr |
| Equity Share Capital | ₹22.04 Cr |
| Borrowings (Non-current) | ₹34.25 Cr |
| Borrowings (Current) | ₹17.61 Cr |
| Total Debt (computed) | ₹51.86 Cr |
| Current Liabilities | ₹60.16 Cr |
| Total Liabilities | ₹102.19 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹40.69 Lakh |
| Investing Cash Flow | -₹21.72 Cr |
| Financing Cash Flow | ₹23.41 Cr |
| Capital Expenditure | ₹28.43 Cr |
| Free Cash Flow (computed) | -₹28.83 Cr |
| Dividends Paid | ₹2.2 Cr |
| Net Change in Cash | ₹1.27 Cr |
| Metrics | Q4 FY26 |
|---|---|
| Revenue from Operations | ₹19.79 Cr |
| Other Income | ₹2.01 Cr |
| Total Income | ₹21.8 Cr |
| Cost of Materials Consumed | ₹14.67 Cr |
| Purchases of Stock-in-Trade | ₹3.37 Cr |
| Changes in Inventories | ₹2.46 Cr |
| Employee Benefit Expense | ₹43.99 Lakh |
| Finance Costs | ₹69.46 Lakh |
| Depreciation & Amortisation | ₹93.44 Lakh |
| Other Expenses | ₹1.88 Cr |
| Total Expenses | ₹24.46 Cr |
| Profit Before Exceptional Items & Tax | -₹2.66 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | -₹2.66 Cr |
| Total Tax Expense | -₹85.43 Lakh |
| Net Profit | -₹1.81 Cr |
| Other Comprehensive Income | -₹4.3 Lakh |
| Total Comprehensive Income | -₹1.85 Cr |
| EBITDA (computed) | -₹1.03 Cr |
| Basic EPS | ₹-0.08 |
| Diluted EPS | ₹-0.08 |
Shareholding Pattern of Insolation Energy Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 66.12%, foreign institutional investors hold 1.09%, domestic institutional investors hold 0.74%, retail and other public shareholders hold 32.05% of Insolation Energy Limited. The company had 15,112 shareholders on record.
| Mar 2026 | |
|---|---|
| Promoters | 66.12% |
| Public | 33.88% |
Board & Governance of Insolation Energy Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Insolation Energy Limited has 10 directors - 5 independent and 2 executive. The board is chaired by Manish Gupta.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Manish Gupta | Executive Director · Chairperson | 2015-10-15 | 1 |
| Vikas Jain | Executive Director · MD | 2015-10-15 | 1 |
| Payal Gupta | Non-Executive - Non Independent Director | 2021-12-15 | 1 |
| Ekta Jain | Non-Executive - Non Independent Director | 2021-12-15 | 1 |
| Akhilesh Kumar Jain | Non-Executive - Non Independent Director | 2022-01-18 | 3 |
| Pallavi Mishra | Non-Executive - Independent Director | 2022-04-05 | 1 |
| Anil Kumar Gupta | Non-Executive - Independent Director | 2024-02-10 | 1 |
| Subir Bikas Mitra | Non-Executive - Independent Director | 2025-07-14 | 1 |
| Rajiv Jain | Non-Executive - Independent Director | 2025-10-10 | 1 |
| Shreemat Pandey | Non-Executive - Independent Director | 2026-02-05 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Anil Kumar Gupta (Chairperson), Akhilesh Kumar Jain, Subir Bikas Mitra |
| Nomination and remuneration committee | Pallavi Mishra (Chairperson), Payal Gupta, Rajiv Jain |
| Stakeholders Relationship Committee | Rajiv Jain (Chairperson), Payal Gupta, Vikas Jain |
| Risk Management Committee | Vikas Jain (Chairperson), Manish Gupta, Ekta Jain, Subir Bikas Mitra |
| Corporate Social Responsibility Committee | Pallavi Mishra (Chairperson), Ekta Jain, Anil Kumar Gupta |
Group Structure of Insolation Energy Limited
Insolation Energy Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Insolation Energy Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Insolation Green Energy Private Limited | U31900RJ2021PTC076684 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Insolation Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2025 | Others | ₹345 Cr | Open |
| 23 May 2025 | Hdfc Bank Limited | ₹15.94 Cr | Open |
| 25 Oct 2023 | State Bank of India | ₹99.34 Cr | Open |
| 16 Nov 2021 | State Bank of India | ₹24.81 Cr | Open |
| 18 Mar 2021 | Others | ₹50 Lakh | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Insolation Energy Limited
Insolation Energy Limited has a workforce of 109 employees as of Sep 25, 2025.
Employee Count & EPFO Data of Insolation Energy Limited
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GST Compliance of Insolation Energy Limited
GSTIN & GST Filing Data of Insolation Energy Limited
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Credit Ratings, Litigation & Regulatory Alerts for Insolation Energy Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Insolation Energy Limited
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MSME Payment Delays by Insolation Energy Limited
MSME Payment Delays by Insolation Energy Limited
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Subsidiaries & Group Companies of Insolation Energy Limited
Subsidiaries & Group Companies of Insolation Energy Limited
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MCA Filings & Documents of Insolation Energy Limited
MCA Filings & Documents of Insolation Energy Limited
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Recent Activity on Insolation Energy Limited
Frequently Asked Questions about Insolation Energy Limited
Insolation Energy Limited is an active public limited company in the musical instruments sector based in Jaipur, Rajasthan, India. It was incorporated on 15 October 2015 (11+ years old) and is registered under CIN L40104RJ2015PLC048445. Listed on BSE: 543620. The company has 109 employees.
Insolation Energy Limited reported revenue of ₹1,343.02 Cr for FY 2025 (up 81.00% YoY).
The current directors of Insolation Energy Limited are:
- Manish Gupta
- Pallavi Mishra
- Subir Bikas Mitra
- Akhilesh Kumar Jain
- Payal Gupta
- Ekta Jain
- Vikas Jain
- Nitesh Sharma
- Anil Kumar Gupta
- Ravi Dusad
- Rajiv Jain
The primary industry of Insolation Energy Limited is musical instruments. The company specifically operates in musical instrument. The company is currently active in this sector.
Yes. Insolation Energy Limited is listed on BSE with code 543620.
Yes, Insolation Energy Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).