What we do Insolation Energy Ltd manufactures high-efficiency solar panels, batteries, and inverters, offering end-to-end solar energy solutions including EPC and OEM services in India. |
Founded in 2,015 |
Market share Largest solar panel, battery, and inverter manufacturer in North India with 950 MW annual production capacity. |
Problem solved Addresses clean energy demand via efficient solar power solutions enhancing renewable adoption and energy storage capabilities. |
Top clients or who we serve Serves government, EPC contractors, developers, OEMs, and residential customers, including Livguard Energy Technologies, Microtek, and Shakti Pumps. |
Key management Led by Manish Gupta (Chairman) and Vikas Jain (Managing Director), with 25+ years combined industry leadership and innovation expertise. |
Our journey and innovations Started in 2015; expanded from 80 MW to 250 MW module capacity; launched N-Type Cell Topcon technology; planning 4.5 GW solar cell plant. |
Where we operate Pan-India presence with manufacturing units in Jaipur and Narmadapuram, serving domestic markets with growing distributor network. |
Top products or what we offer Solar panels (polycrystalline, Mono PERC, bifacial), tubular lead acid and Li-ion batteries, solar PCUs, EPC and OEM solar services. |
Top brands INA solar panels—high efficiency, ISO certified, automated manufacturing, rapid capacity expansion, trusted by various government schemes. |
Raw materials needed Solar cells, PV module materials, lead acid and lithium for batteries, aluminum for frames, electronic components for PCUs. |
Raw materials supplier Sources from leading solar cell makers and material suppliers; specifics not disclosed publicly. |
Recurring vs cyclical contribution Revenue driven by recurring EPC contracts and steady sales of manufactured solar modules and energy storage products. |
Our industry position Among India's top 10 solar PV module manufacturers; strong growth supported by government solar initiatives and Make in India policy. |
Financial highlights FY25 revenue ₹1333.76 Cr with ₹126.2 Cr net profit; Q3 FY26 revenue ₹575.3 Cr, 77% YoY growth; strong margin expansion and profitability. |
Geographical revenue split Primarily Indian market with expanding reach through 30+ distributors nationwide. |
Order book Backed by substantial orders including 400 MW Kusum projects and ongoing IPP portfolio enhancing revenue visibility. |
Whats driving growth Government renewable policies, ALMM, PLI schemes, strong EPC demand, strategic capacity expansion and product diversification. |
Our future plans Build 4.5 GW solar cell and 18,000 MTA aluminum frame plants by FY27 to enhance backward integration and scale. |
Our green promise Committed to Net-Zero India 2070 vision; ISO 14001 certified; invests in quality and sustainable solar manufacturing. |
Our people and values 1,500+ employees focused on innovation, quality, diversity, and employee empowerment. |
Key challenges ahead Managing supply chain challenges, competition, regulatory changes, and scaling manufacturing efficiently. |
Interesting facts First company in India with fully automated solar module manufacturing; participated in flagship government solar projects. |
Risks and strategy Mitigates risks via diversification, strict quality control, backward integration; pursues growth via technology and capacity additions. |
