WAAREEINDO · Indosolar Ltd · Semiconductors
WAAREEINDO · Indosolar Ltd · Semiconductors
As of 05 Nov close
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹68 Cr
Revenue YoY
PAT YoY
-68.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.6
P/S (TTM)
1.9
Sector P/E
62.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| WAAREEINDO (this stock) | 9.8 | 3.6 | +30.1% | +58.0% | 0.01 | 0.0% |
| Premier Energies | 28.3 | 10 | +19.7% | +38.6% | 0.86 | +0.1% |
| Emmvee Photovoltaic Power | 20.1 | 6.5 | +22.8% | Not available from data source | 5.35 | Not available from data source |
| RRP Semiconductor | Not available from data source | 1,378.8 | Not available from data source | -59.8% | 64.89 | Not available from data source |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 24 Sept 2026, 06:00 amStocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies
- mediumcorporate actionthehindubusinessline.com· 23 Sept 2026, 09:30 pmWaaree Energies board approves Indosolar merger; public shareholders to get 1 share for every 11
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedIndosolar Limited (WAAREEINDO) reported a loss of ₹1,544.37 lakh for FY2024-25, with no tax expenses. The company is under a Corporate Insolvency Resolution Process (CIRP) initiated in 2018, with a resolution plan approved in 2022. The company has not yet been relisted on stock exchanges, leading to delays in its Annual General Meeting. The auditor noted that the financial statements present a true and fair view, but the company's going concern status remains uncertain due to ongoing insolvency proceedings. The company has no contingent liabilities as of March 31, 2025, and no disputes over statutory dues. However, it has not declared any dividends and lacks a dividend policy.
- Reported a net loss of ₹1,544.37 lakh for FY2024-25 with no tax expenses.
- Undergoing CIRP since 2018 with resolution plan approved in April 2022.
- No relisting on stock exchanges yet, causing delays in AGM and compliance.
- Auditor confirmed financial statements are true and fair, but going concern status uncertain.
- No contingent liabilities or disputes over statutory dues as of March 31, 2025.
Key takeaway: Indosolar Limited faces significant financial challenges with a net loss and ongoing insolvency process, though it maintains compliance with statutory dues and has no contingent liabilities.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (3 items); Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesEarlier (1-3 years ago)
The company's statutory auditors provided qualified/disclaimer/adverse opinions during CIRP, but the Reconstituted Board cannot quantify or explain their impact due to non-compliance by the Resolution Professional.
The company's statutory auditors provided qualified/disclaimer/adverse opinions during CIRP, but the Reconstituted Board cannot quantify or explain their impact due to non-compliance by the Resolution Professional.
Regulatory Action
3 occurrencesEarlier (1-3 years ago)
The company has paid fines imposed by stock exchanges for delays in compliance with applicable laws and regulations post-April 21, 2022.
Indosolar Limited faced non-compliance with multiple SEBI LODR regulations and other regulatory requirements during the audit period, including failure to file DPT-3 and delays in annual filings.
Indosolar Limited faced non-compliance with multiple SEBI LODR regulations and other regulatory requirements during the audit period, including failure to file DPT-3 and delays in annual filings.
Default / Covenant Breach
3 occurrencesEarlier (1-3 years ago)
The company was subjected to a corporate insolvency resolution process (CIRP) initiated by financial creditors under the Insolvency and Bankruptcy Code 2016 before the National Company Law Tribunal (NCLT), New Delhi.
Indosolar Limited is undergoing a corporate insolvency resolution process (CIRP) initiated by financial creditors, including Waaree Energies Limited, under the Insolvency and Bankruptcy Code 2016 before the National Company Law Tribunal (NCLT), New Delhi.
Indosolar Limited is undergoing a corporate insolvency resolution process (CIRP) initiated by financial creditors, including Waaree Energies Limited, under the Insolvency and Bankruptcy Code 2016 before the National Company Law Tribunal (NCLT), New Delhi.
Routine disclosures
Internal Control Weakness
2 occurrencesEarlier (1-3 years ago)
The auditor issued a qualified opinion stating that the company does not have an adequate internal financial controls system over financial reporting, and such controls were not operating effectively as of 31 March 2022.
The auditor issued a qualified opinion stating that the company does not have an adequate internal financial controls system over financial reporting, and such controls were not operating effectively as of 31 March 2022.
Contingent Liability
2 occurrencesEarlier (1-3 years ago)
Indosolar Limited has a contingent liability related to the personal guarantee of Late Bhushan Kumar Gupta, whose validity status is not available on record.
Indosolar Limited has a contingent liability related to the personal guarantee of Late Bhushan Kumar Gupta, whose validity status is not available on record.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
Indosolar Limited has entered into transactions with Waaree Energies Limited, a promoter and holding company owning 96.15% of its shares, involving the sale or purchase of goods, materials, assets, or machinery to optimize idle resources for the resolution applicant. The company was unable to obtain member approval due to pending relisting approval from exchanges.
Indosolar Limited has entered into transactions with Waaree Energies Limited, a promoter and holding company owning 96.15% of its shares, involving the sale or purchase of goods, materials, assets, or machinery to optimize idle resources for the resolution applicant. The company was unable to obtain member approval due to pending relisting approval from exchanges.
Management & Board Governance
2 occurrencesEarlier (1-3 years ago)
Mr. Rajendra Mohan Malla, an independent director of Indosolar Limited, resigned on March 20, 2024.
Mr. Rajendra Mohan Malla, an independent director of Indosolar Limited, resigned on March 20, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.56% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).