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Websol Energy System Limited

Websol Energy System Limited

WEBELSOLAR.NS
Websol Energy System LimitedIN flagNational Stock Exchange of India
99.85
INR
-0.59
- -
4.21BMarket Cap
Websol Energy System Limited
WEBELSOLAR.NS
(National Stock Exchange of India)

Recent

price

99.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
6.65
5.72
13.86
16.19
12.73
13.47
7.39
2.37
6.66
5
6.42
0.46
0.64
13.65
24.18
20.51
Revenue per Share
- -
-10.66
-0.72
-3.38
-2.38
-0.45
3.58
0.19
-1
0.14
1.61
0.29
-0.63
-3
3.67
6.98
5.97
Basic EPS, GAAP
- -
-8.05
-0.56
-2.77
-1.18
1.34
6.46
0.16
0.12
-0.02
1.16
-0.12
-0.38
-4.68
2.94
1.74
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
-8.4
-9.12
1
1
-14.51
-10.92
-8.95
-8.6
-8.4
-6.41
-5.45
-5.39
-7.94
1
1
1.01
Book Value per Share
- -
-2.38
-3.1
-6.49
-8.88
-9.36
2.64
4.06
4.28
4.24
5.67
5.77
5.1
2.67
6.58
14.52
14.67
Tangible Book Value per Share
- -
220
220
220
220
220
220
248
289
294
307
332
375
403
422
434
430
Basic Weighted Avg Shares
1,302
1,462
1,257
3,047
3,558
2,797
2,961
1,833
686
1,955
1,536
2,132
172
259
5,755
10,494
8,812
Sales/Revenue/Turnover
-85.71
-82.98
-0.57
2
0.78
-2.16
8.23
4.12
-26.95
-3.88
12.9
6.72
-141.48
-140.85
36.8
34.97
34.68
Operating Margin (%)
161
200
130
178
164
145
151
142
155
155
154
153
153
360
409
616
506
Depreciation Expense
-1,668
-2,342
-159
-743
-524
-99
787
48
-289
41
494
97
-237
-1,210
1,547
3,030
2,566
Net Income, GAAP
- -
- -
- -
- -
- -
- -
0.15
0.2
- -
- -
28.68
30.13
- -
- -
20.43
15.71
14.34
Effective Tax Rate (%)
-128.1
-160.22
-12.66
-24.4
-14.72
-3.53
26.59
2.61
-42.22
2.1
32.15
4.54
-137.51
-467.76
26.89
28.87
29.12
Profit Margin (%)
- -
-1,109
-2,066
-3,204
-3,522
-2,679
-1,450
-491
-745
-542
-307
-55
-402
-493
783
2,972
2,972
Working Capital
- -
2,611
1,938
1,716
1,707
2,518
509
1,083
353
404
130
45
1
1,625
1,239
961
961
LT Debt
- -
-522
-682
-1,425
-1,950
-2,057
580
1,006
1,239
1,244
1,739
1,916
1,913
1,077
2,780
6,307
6,307
Total Equity
- -
- -
- -
- -
- -
- -
10.18
3.27
- -
- -
6.87
4.62
- -
- -
46.9
51.61
43.84
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
254.46
-12.92
- -
- -
-33.73
-7.69
- -
- -
576.44
171.19
144.04
Return on Capital (%)
-1,517.99
- -
- -
- -
-238.32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
707.7
599.42
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
346
LT Borrowings
- -
- -
854
LT Finance Leases
- -
- -
108
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
422
- -
434
Market Capitalization
52,104
37,895
27,870

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
- -
- -
4,502
Cash, Cash Equivalents & STI
- -
- -
1,542
Accounts Receivable, Net
- -
- -
930
Inventories
- -
- -
1,599
Total Current Liabilities
- -
- -
1,530
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
346
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.98%
50.25%
126.83%
Free Cash Flow
-543.88%
235.3%
-39.27%
Net Income, GAAP
-85.66%
-29.36%
95.81%
Sales/Revenue/Turnover
227.37%
440.95%
82.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
3
5
249
259
2025
1,116
1,436
1,473
1,730
5,755
2026
2,188
- -
2,610
4,014
10,494

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.13
-0.1
-1.38
- -
-3
2025
0.54
0.99
0.99
1.14
3.67
2026
1.59
- -
1.54
2.75
6.98

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Websol Energy System Limited manufactures high-efficiency photovoltaic solar cells and modules at its facility in Falta Special Economic Zone, West Bengal, India. Founded in 1990 and headquartered in Kolkata, the company produces Mono PERC PV cells with average efficiency of approximately 23.4%, including M10 Bifacial Mono-PERC and G12 Bifacial Mono-PERC variants; Mono PERC PV modules using 96 to 144 half-cut M10 cells with maximum efficiency above 21%, such as bifacial W5500 (525-550Wp) and W6600 (640-660Wp) series for utility-scale power plants, residential rooftops, commercial and industrial installations; and customized solar solutions encompassing turnkey projects, system integration, electrical systems, and power plants. It primarily serves utility-scale solar power plants, commercial & industrial (C&I) customers, institutions, and residential markets in India with plans for international expansion. In recent developments, Websol expanded solar cell capacity to 600 MW and added a second 600 MW line operational by October 2025 funded through internal accruals, bringing total cell capacity to 1.2 GW; approved a phased 4 GW expansion of solar cells and modules via a wholly owned subsidiary with INR 3,000 crore investment financed by internal accruals and debt, incorporating TOPCon technology; signed a memorandum of understanding with the Andhra Pradesh Economic Development Board on November 15, 2025, to explore a 4 GW integrated facility; and proposed a 1:10 stock split pending shareholder approval at the September 29, 2025 annual general meeting.