Integrated solar manufacturer of PV modules, cells and aluminium frames, based in Rajasthan.
Price
Market Cap
Sector
Utilities
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 15 | 21 | 21 | 22 | 22 | 22 |
| Reserves | 7 | 32 | 88 | 594 | 666 | 785 |
| Borrowings | 31 | 68 | 96 | 108 | 257 | 888 |
| Other Liabilities | 16 | 38 | 58 | 123 | 289 | 460 |
| Total Liabilities | 70 | 159 | 263 | 847 | 1.2k | 2.2k |
| AssetsFixed Assets | 9 | 38 | 46 | 77 | 317 | 525 |
| CWIP | 2 | 0 | 1 | 46 | 68 | 73 |
| Investments | 0 | 0 | 5 | 50 | 41 | 36 |
| Other Assets | 58 | 121 | 210 | 674 | 808 | 1.5k |
| Total Assets | 70 | 159 | 263 | 847 | 1.2k | 2.2k |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | 9 | -1 | 30 | 113 | -73 |
| Cash from Investing | -3 | -29 | -33 | -554 | -186 |
| Cash from Financing | 2 | 45 | 28 | 394 | 698 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | 6 | -30 | 13 | 28 | -521 |
| FCF Margin | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
INA · CAPITAL_INTENSIVE
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