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 ₹ 137 Cr.
- Current Price ₹ 119
- High / Low ₹ 225 / 93.5
- Stock P/E 9.52
- Book Value ₹ 55.4
- Dividend Yield 0.00 %
- ROCE 24.5 %
- ROE 25.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 65 | 78 | 111 | 137 | |
| 58 | 65 | 94 | 112 | |
| Operating Profit | 8 | 13 | 18 | 25 |
| OPM % | 12% | 17% | 16% | 18% |
| 0 | 0 | 0 | 1 | |
| Interest | 1 | 1 | 1 | 4 |
| Depreciation | 0 | 0 | 0 | 1 |
| Profit before tax | 7 | 12 | 16 | 20 |
| Tax % | 25% | 25% | 27% | 29% |
| 5 | 9 | 12 | 14 | |
| EPS in Rs | 2,585.00 | 10.80 | 10.22 | 12.47 |
| Dividend Payout % | 0% | 0% | 0% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.02 | 8 | 12 | 12 |
| Reserves | 9 | 9 | 38 | 52 |
| 12 | 10 | 17 | 68 | |
| 8 | 14 | 20 | 26 | |
| Total Liabilities | 29 | 41 | 86 | 158 |
| 2 | 2 | 2 | 52 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 26 | 39 | 84 | 106 | |
| Total Assets | 29 | 41 | 86 | 158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -0 | 3 | -24 | 5 | |
| 0 | -0 | -2 | -52 | |
| 0 | -3 | 26 | 47 | |
| Net Cash Flow | -0 | 0 | -0 | 0 |
| Free Cash Flow | -0 | 3 | -24 | -46 |
| CFO/OP | 19% | 47% | -113% | 44% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 124 | 124 | 117 | 134 |
| Inventory Days | 1 | 230 | ||
| Days Payable | 45 | 87 | ||
| Cash Conversion Cycle | 81 | 124 | 117 | 277 |
| Working Capital Days | 50 | 77 | 162 | 112 |
| ROCE % | 54% | 37% | 24% |
Insights
In beta| Mar 2024 | Mar 2025 | Apr 2026 | |
|---|---|---|---|
| Export Sales Rs. Lakhs ・Standalone data |
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| Number of IPP Projects Under Construction Count ・Standalone data |
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| Number of Permanent Employees Count ・Standalone data |
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| Order Book Value Rs. Crores ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 July 2026 - Filed Regulation 74(5) certificate for quarter ended June 30, 2026; no demat or remat requests received.
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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.
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.