Websol Energy System Ltd

Websol Energy Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Websol Energy System Ltd

₹ 1,357 -2.13%
23 May - close price
webelsolar.com BSE: 517498 NSE: WEBELSOLAR
About

Websol Energy System Limited is engaged in the business of manufacturing photovoltaic crystalline solar cells and related modules in India. [1]

Key Points

Products
Co. specializes in the production of photovoltaic crystalline solar cells and related PV modules. The Company’s products are used in both commercial and industrial Solar Energy panels in India and internationally. [1]

Website BSE NSE
  • Market Cap ₹ 5,903 Cr.
  • Current Price ₹ 1,357
  • High / Low ₹ 1,891 / 524
  • Stock P/E 38.2
  • Book Value ₹ 64.0
  • Dividend Yield 0.00 %
  • ROCE 59.2 %
  • ROE 80.2 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 68.6% CAGR over last 5 years

Cons

  • Stock is trading at 21.2 times its book value
  • Promoter holding is low: 27.7%
  • Promoters have pledged 91.8% of their holding.

* 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

Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment

Part of Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
63 3 14 0 0 0 0 1 25 112 144 147 173
57 7 15 6 2 2 1 3 28 68 81 80 95
Operating Profit 5 -4 -2 -5 -1 -1 -1 -2 -3 44 63 68 78
OPM % 9% -129% -14% -1,627% -1,327% -750% -277% -429% -13% 39% 44% 46% 45%
1 1 -0 -1 1 0 0 -101 -4 0 0 0 1
Interest 1 1 1 1 1 1 1 0 5 5 6 5 4
Depreciation 4 4 4 4 4 4 4 4 24 8 9 15 10
Profit before tax 2 -8 -7 -11 -5 -6 -5 -107 -36 32 49 48 66
Tax % 69% -6% -45% -39% 6% -12% -25% -49% 62% 28% 14% 14% 27%
0 -8 -4 -7 -5 -5 -4 -55 -59 23 42 42 48
EPS in Rs 0.14 -2.08 -1.06 -1.76 -1.38 -1.29 -1.02 -12.95 -13.88 5.42 9.67 9.57 11.12
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
305 356 280 296 183 69 196 154 213 17 26 575
291 351 271 267 167 93 193 120 187 30 27 323
Operating Profit 14 5 9 29 17 -25 3 34 26 -13 -1 253
OPM % 5% 1% 3% 10% 9% -36% 1% 22% 12% -74% -5% 44%
-39 -39 -1 70 11 17 4 60 6 1 -110 2
Interest 31 2 1 5 9 6 6 9 3 4 5 19
Depreciation 18 16 15 15 14 15 15 15 15 15 36 41
Profit before tax -74 -52 -9 79 5 -29 -15 69 14 -32 -153 194
Tax % 0% 1% 14% 0% 0% 0% -127% 29% 30% -25% -21% 20%
-74 -52 -10 79 5 -29 4 49 10 -24 -121 155
EPS in Rs -33.84 -23.83 -4.49 35.83 1.79 -9.97 1.34 15.86 2.64 -6.11 -28.66 35.64
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 24%
3 Years: 39%
TTM: 2125%
Compounded Profit Growth
10 Years: 30%
5 Years: 69%
3 Years: 160%
TTM: 1717%
Stock Price CAGR
10 Years: 53%
5 Years: 149%
3 Years: 144%
1 Year: 124%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 23%
Last Year: 80%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 22 22 22 22 27 29 31 31 37 39 42 42
Reserves -164 -217 -227 36 74 95 94 143 155 152 66 236
389 382 352 84 81 76 78 35 36 28 184 153
383 400 306 175 187 152 109 75 58 48 61 83
Total Liabilities 629 587 453 317 369 352 311 284 286 267 353 514
322 280 266 283 304 287 254 239 225 210 270 290
CWIP 12 0 0 0 0 1 0 0 0 6 30 17
Investments 0 0 0 0 0 0 0 0 0 0 0 0
296 307 187 34 65 64 56 45 61 51 53 208
Total Assets 629 587 453 317 369 352 311 284 286 267 353 514

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-56 -13 30 142 10 5 1 36 -3 -8 35 167
-14 -4 -0 28 -1 6 13 -0 -1 -6 -223 -86
63 15 -30 -168 -12 -11 -14 -35 6 10 189 -35
Net Cash Flow -7 -1 -1 2 -3 0 0 1 2 -4 1 47

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 210 162 94 2 42 51 33 47 46 37 11 3
Inventory Days 55 61 33 7 51 216 29 70 56 544 525 70
Days Payable 328 283 250 64 172 517 134 157 58 878 1,334 66
Cash Conversion Cycle -63 -60 -124 -55 -79 -249 -72 -40 45 -298 -798 7
Working Capital Days -126 -146 -222 -142 -49 -180 -49 -24 39 -272 -411 13
ROCE % -1% -5% -3% 62% 8% -12% -1% 11% 7% -11% -14% 59%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
25.37% 25.37% 26.76% 26.76% 26.76% 26.76% 27.71% 27.71% 27.71% 27.71% 27.71% 27.71%
2.70% 2.78% 3.84% 4.08% 4.14% 0.83% 0.77% 0.47% 0.01% 0.48% 2.46% 4.24%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.25% 0.00% 0.00% 0.00% 0.09% 0.02%
71.90% 71.83% 69.38% 69.13% 69.09% 72.40% 71.26% 71.82% 72.28% 71.80% 69.74% 68.04%
No. of Shareholders 78,23176,49574,34972,62269,25562,10161,03286,1641,02,8921,13,6901,22,9021,27,378

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls

  • Feb 2018
    Transcript
    Notes
    PPT