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 ₹ 242 Cr.
- Current Price ₹ 210
- High / Low ₹ 592 / 155
- Stock P/E 20.5
- Book Value ₹ 42.9
- Dividend Yield 0.00 %
- ROCE 36.6 %
- ROE 35.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Working capital days have increased from 140 days to 203 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.
Peer comparison
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 65 | 78 | 111 | |
| 58 | 65 | 94 | |
| Operating Profit | 8 | 13 | 18 |
| OPM % | 12% | 17% | 16% |
| 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 7 | 12 | 16 |
| Tax % | 25% | 25% | 27% |
| 5 | 9 | 12 | |
| EPS in Rs | 2,585.00 | 10.80 | 10.22 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.02 | 8 | 12 |
| Reserves | 9 | 9 | 38 |
| 12 | 10 | 17 | |
| 8 | 14 | 20 | |
| Total Liabilities | 29 | 41 | 86 |
| 2 | 2 | 2 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 26 | 39 | 84 | |
| Total Assets | 29 | 41 | 86 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -0 | 4 | -24 | |
| 0 | -1 | -2 | |
| 0 | -3 | 26 | |
| Net Cash Flow | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 124 | 124 | 117 |
| Inventory Days | 1 | 93 | 187 |
| Days Payable | 45 | 125 | 91 |
| Cash Conversion Cycle | 81 | 92 | 213 |
| Working Capital Days | 100 | 116 | 203 |
| ROCE % | 54% | 37% |
Documents
Announcements
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Updates
4 June 2025 - Winsol declares full utilization of IPO proceeds as per SEBI regulations, no auditor certificate needed.
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Press Release
29 May 2025 - Winsol reports FY25 revenue ₹11142L (+42.75%), PAT ₹1179L (+29.73%), launches manufacturing, strong order backlog ₹1950M.
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
29 May 2025 - WINSOL ENGINEERS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Outcome of Board Meeting
29 May 2025 - Winsol approves FY25 audited results with Rs. 11,142L revenue, Rs. 1,179L profit; appoints new Company Secretary.
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Appointment
29 May 2025 - Winsol approves FY25 audited results with Rs.11142L revenue, Rs.1179L net profit; appoints new Company Secretary.
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.