2,100 per cent Multibagger Return in Just 1 Year & Back-to-Back Upper Circuit Stock; Keep this Solar Manufacturing Company on Your Radar!

The company’s shares have delivered an impressive return of over 250 per cent in the past 6 months only.

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing high-efficiency solar panels and modules of various sizes. The company's 200 MW SPV module manufacturing unit is located in Jaipur, spread over an area of more than 60,000 square feet with the latest machinery.

On Friday's trading session, the share of Insolation Energy Ltd opened at Rs 3068 per share, compared to the previous day's closing figure of Rs 2981.10 per share on the BSE. The stock has attracted a heavy volume, reflecting strong demand in the market, and hit the upper circuit. The current market capitalization stands at Rs 6514.58 crore, and the stock has generated an impressive multibagger return of over 2100 per cent in just 1 year only. 

Financial Performance

As per the Quarterly Results, in the fourth quarter of FY24, Insolation Energy Ltd recorded a revenue of Rs 459 crore. The operating profit for Q4 FY24 stood at Rs 52 crore. The net profit for Q4 FY24 was Rs 40 crore. Looking at the annual performance, the company generated a revenue of Rs 737 crore in FY24, compared to Rs 279 crore in FY23. The operating profit for FY24 was Rs 80 crore, with a net profit of Rs 55 crore.

Regarding the shareholding pattern, the promoters own 69.98 per cent of the company and the public or retail investors hold 30.01 per cent while Neither FIIs (Foreign Institutional Investors) nor DIIs (Domestic Institutional Investors) own any stake in the company.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.