Winsol Engineers Ltd
Incorporated in 2015, Winsol Engineers Ltd is in the business of providing Wind & Solar Services, HV/EHV Operation Maintenance, Commissioning of Wind Project[1]
- Market Cap ₹ 144 Cr.
- Current Price ₹ 125
- High / Low ₹ 225 / 93.5
- Stock P/E 10.1
- Book Value ₹ 54.6
- Dividend Yield 0.00 %
- ROCE 24.6 %
- ROE 25.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 95.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.8%
Cons
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 22 | 61 | 65 | 75 | 111 | 136 | |
| 21 | 58 | 58 | 62 | 94 | 112 | |
| Operating Profit | 2 | 2 | 8 | 13 | 17 | 24 |
| OPM % | 7% | 4% | 12% | 17% | 15% | 18% |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 1 | 1 | 7 | 12 | 16 | 20 |
| Tax % | 30% | 27% | 25% | 25% | 27% | 29% |
| 0 | 1 | 5 | 9 | 11 | 14 | |
| EPS in Rs | 245.00 | 540.00 | 2,585.00 | 10.31 | 9.83 | 12.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 28% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 96% |
| 3 Years: | 41% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 34% |
| Last Year: | 26% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 8 | 12 | 12 |
| Reserves | 2 | 3 | 9 | 9 | 37 | 51 |
| 8 | 9 | 12 | 9 | 16 | 68 | |
| 8 | 15 | 8 | 12 | 20 | 25 | |
| Total Liabilities | 18 | 28 | 29 | 39 | 85 | 156 |
| 3 | 3 | 2 | 2 | 2 | 52 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 15 | 25 | 26 | 37 | 82 | 104 | |
| Total Assets | 18 | 28 | 29 | 39 | 85 | 156 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -2 | -0 | -0 | 4 | -24 | 5 | |
| 1 | 0 | 0 | -1 | -2 | -52 | |
| 1 | 1 | 0 | -3 | 26 | 48 | |
| Net Cash Flow | -0 | 0 | -0 | 0 | -0 | 0 |
| Free Cash Flow | -1 | -0 | -0 | 4 | -24 | -46 |
| CFO/OP | -127% | -63% | 19% | 53% | -118% | 42% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 138 | 101 | 124 | 121 | 114 | 132 |
| Inventory Days | 150 | 38 | 1 | 229 | ||
| Days Payable | 217 | 113 | 55 | 86 | ||
| Cash Conversion Cycle | 71 | 26 | 71 | 121 | 114 | 274 |
| Working Capital Days | 39 | 16 | 51 | 78 | 160 | 110 |
| ROCE % | 17% | 45% | 53% | 36% | 25% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Revenue from Operations INR Lakhs |
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| Net Capital Turnover Ratio Times |
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| Trade Payables Turnover Ratio Times |
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| Trade Receivables Turnover Ratio Times |
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| Work-in-Progress Inventory INR Lakhs |
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| Number of Permanent Employees Count |
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| Planned Solar IPP Capacity (Commissioning 2025) MW |
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Extracted by Screener AI
Documents
Announcements
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Disclosure under SEBI Takeover Regulations
15 June 2026 - Ramesh Jivabhai Pindariya has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Bagging/Receiving of orders/contracts
11 June 2026 - Winsol Engineers won Rs. 49.80 crore order from KPIG Energia for 400 kV Gujarat transmission project.
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Bagging/Receiving of orders/contracts
8 June 2026 - Winsol Engineers received ₹3.60 crore O&M purchase order from CleanMax for Kalavad Solar plant.
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Dividend
30 May 2026 - Board approved FY26 audited results, recommended Rs.1 dividend, and appointed Mr. Niranjan Mishra as independent director.
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Appointment
30 May 2026 - On May 30, 2026, board approved audited FY26 results, recommended Rs1 dividend, appointed Mr. Niranjan Mishra.
Business Overview:[1]
WEL is an ISO-9001-2015, ISO-14001-2015 & ISO-45001-2018 certified integrated engineering, procurement, construction, and commissioning company providing Balance of Plant (BoP) Solutions for both Wind and Solar power generation companies.