Indosolar Limited (NSE:WAAREEINDO)

Indosolar Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	854.18	10.94	130.33	9.29	8.59	45.27
Short-Term Investments	-	42.28	40.63	41.14	33.91	-
Cash & Short-Term Investments	854.18	53.22	170.96	50.42	42.51	45.27
Cash Growth	635.44%	-68.87%	239.05%	18.63%	-6.10%	6.25%
Accounts Receivable	162.56	2,096	46.55	-	-	-
Other Receivables	49.36	1.69	1.74	2.31	8.97	8.95
Receivables	211.92	2,098	48.29	2.31	8.97	8.95
Inventory	2,220	210.83	744.31	1.59	6.95	-
Prepaid Expenses	-	2.82	1.4	0.32	-	-
Other Current Assets	742.3	19.36	205.76	31.21	73.79	15.67
Total Current Assets	4,028	2,384	1,171	85.86	132.21	69.88
Property, Plant & Equipment	769.83	910.18	1,224	1,413	518.64	1,085
Long-Term Investments	-	4.44	3.35	0.1	-	-
Other Intangible Assets	0.05	0.05	0.06	0.07	-	-
Long-Term Deferred Tax Assets	-2.28	123.15	-	-	-	-
Other Long-Term Assets	33.85	22.14	9.29	2.56	2.41	2.73
Total Assets	4,830	3,444	2,408	1,501	653.26	1,160

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	310.26	200.14	829.31	23.6	2.26	860.66
Accrued Expenses	-	83.08	184.68	7.74	9.76	1.83
Short-Term Debt	-	-	-	-	217.35	8,233
Current Portion of Long-Term Debt	-	-	120.52	-	308.56	-
Current Portion of Leases	0.98	0.98	0.91	2.04	1.93	1.73
Current Unearned Revenue	-	1.13	63.43	3.67	-	-
Other Current Liabilities	982.96	70.43	240.71	240.52	-	3,201
Total Current Liabilities	1,294	355.76	1,440	277.55	539.84	12,299
Long-Term Debt	-	-	350	989.34	77.16	50.07
Long-Term Leases	30.88	29.74	28.97	25.55	25.5	7.5
Long-Term Unearned Revenue	211	182.37	182.37	182.37	-	-
Pension & Post-Retirement Benefits	-	1.41	0.27	0.01	-	-
Other Long-Term Liabilities	7.41	4.68	2.31	170.12	-	4.88
Total Liabilities	1,543	573.95	2,003	1,645	642.5	12,361

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	416.04	416.04	416.04	416.04	416.04	3,721
Additional Paid-In Capital	-	2,223	2,223	2,223	2,223	-
Retained Earnings	-	-3,512	-5,978	-6,526	-6,371	-
Comprehensive Income & Other	2,870	3,743	3,743	3,743	3,743	-14,922
Total Common Equity	3,286	2,870	404.15	-143.68	10.76	-11,201
Shareholders' Equity	3,286	2,870	404.15	-143.68	10.76	-11,201
Total Liabilities & Equity	4,830	3,444	2,408	1,501	653.26	1,160

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	31.86	30.72	500.4	1,017	630.49	8,293
Net Cash (Debt)	822.33	22.5	-329.44	-966.5	-587.98	-8,247
Net Cash Growth	865.62%	-	-	-	-	-
Net Cash Per Share	19.76	0.54	-7.92	-23.23	-9.70	-2218.31
Filing Date Shares Outstanding	41.82	41.6	41.6	41.6	41.6	3.72
Total Common Shares Outstanding	41.82	41.6	41.6	41.6	41.6	3.72
Working Capital	2,734	2,028	-268.83	-191.7	-407.63	-12,229
Book Value Per Share	78.58	68.99	9.71	-3.45	0.26	-3012.73
Tangible Book Value	3,286	2,870	404.09	-143.74	10.76	-11,201
Tangible Book Value Per Share	78.57	68.98	9.71	-3.46	0.26	-3012.73
Buildings	-	609.16	607.45	606.14	567.83	-
Machinery	-	1,530	1,478	457.08	456.23	-
Construction In Progress	-	-	1.11	938.19	37.48	-

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 6, 2026

Data Sources Report a data error