Indosolar Ltd is engaged in the manufacture of poly-crystalline solar photo-voltaic (“SPV”) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the “photo-voltaic effect”. They market and sell products to primarily module manufacturers on a business-to-business (“B2B”) platform, who in turn supply to the system integrators who install the systems for grid and off-grid (roof top) applications for use in the domestic market as well as markets in Europe, Spain, Japan, Asia, Canada and USA.

Indosolar major competitors are IKIO Technologies, Vinyas Innova Techno, ICE Make Refrige., DCX Systems, Hindusthan Insulator, Prizor Viztech, CWD.
Market Cap of Indosolar is ₹1,636 Crs.
While the median market cap of its peers are ₹1,234 Crs.

Indosolar seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.