Websol Energy System Ltd
Websol Energy System Limited is engaged in the business of manufacturing photovoltaic crystalline solar cells and related modules in India. [1]
- Market Cap ₹ 4,990 Cr.
- Current Price ₹ 115
- High / Low ₹ 157 / 50.4
- Stock P/E 16.4
- Book Value ₹ 14.5
- Dividend Yield 0.00 %
- ROCE 63.2 %
- ROE 66.9 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 7.91 times its book value
- Promoter holding is low: 29.7%
- Promoters have pledged 89.4% of their holding.
- Working capital days have increased from 31.5 days to 68.5 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 575 | 1,049 | |
| 323 | 621 | |
| Operating Profit | 253 | 429 |
| OPM % | 44% | 41% |
| 2 | 9 | |
| Interest | 19 | 16 |
| Depreciation | 41 | 62 |
| Profit before tax | 194 | 359 |
| Tax % | 20% | 16% |
| 155 | 303 | |
| EPS in Rs | 3.67 | 6.98 |
| Dividend Payout % | 0% | 4% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 82% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 97% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 93% |
| 3 Years: | 132% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 67% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 42 | 43 |
| Reserves | 236 | 587 |
| 153 | 131 | |
| 83 | 170 | |
| Total Liabilities | 514 | 931 |
| 285 | 459 | |
| CWIP | 17 | 1 |
| Investments | 5 | 52 |
| 208 | 419 | |
| Total Assets | 514 | 931 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 167 | 255 | |
| -86 | -234 | |
| -35 | -3 | |
| Net Cash Flow | 47 | 19 |
| Free Cash Flow | 124 | 75 |
| CFO/OP | 67% | 66% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 3 | 32 |
| Inventory Days | 70 | 142 |
| Days Payable | 66 | 63 |
| Cash Conversion Cycle | 7 | 111 |
| Working Capital Days | -5 | 69 |
| ROCE % | 63% |
Insights
In beta| Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Solar Cell Capacity MW ・Standalone data |
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| Installed Solar Module Capacity MW ・Standalone data |
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| Annual Total Sales Volume MW ・Standalone data |
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| Solar Cell Efficiency (Average) % ・Standalone data |
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| Annual Solar Cell Production Volume MW ・Standalone data |
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| Annual Solar Module Production Volume MW ・Standalone data |
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| Cell Capacity Utilization % % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - Transcript of the Analysts/Institutional Investors Meeting/Call on Audited Financial Results for the Quarter and Financial Year ended March 31, 2026
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Statement Of Deviation For The Quarter Ended 31St March, 2026
30 Apr - Statement for quarter ended March 31, 2026 confirms no deviation in warrant conversion fund use.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
28 Apr - Audio recording of April 28, 2026 earnings call on audited Q4/FY26 results available on website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Apr - Investors Presentation on the Audited Financial Results for the quarter and financial year ended 31st March, 2026
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
28 Apr - Websol Q4FY26 revenue rose 132.1% to Rs.401 crore; FY26 PAT reached Rs.303 crore; capacity to 1.35 GW.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from bse
Products
The company is a leading manufacturer of high-quality solar cells and modules, which serve as critical components in the development of utility-scale power plants, as well as rooftop and commercial & industrial (C&I) solar power installations. [1]