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Earnings Call

Websol Energy Systems Earnings Call: Key Takeaways

Websol delivered record FY26 revenue of ₹1,049 Cr (up 82.4%) and PAT of ₹303 Cr. Strategy focuses on TOPCon technology transition and integrated cell-to-wafer manufacturing.

Why this was an Alfa AlertCompany achieved 50% non-fossil target by 2025, reaching the goal 5 years earlier than the original 2030 target.
Highlights
Revenue growthFY26 up 82.4%; Q4FY26 up 132.1% YoY.
MarginsFY26 EBITDA margin 40.8%; PAT margin 28.6%.
Order book₹1,161 Cr closing Q4FY26 (40% Cells, 60% Modules).
Demand visibilityStrong; aided by PM-Surya Ghar and KUSUM government schemes.
Management confidenceHigh; citing 'Year of Returning to Power' and strong financial discipline.

Growth

FY26 Revenue grew 82.4% to ₹1,049 Cr; PAT surged 95.8% to ₹303 Cr. Q4FY26 revenue rose 132.1% YoY.

Outlook

Expanding cell capacity to 5.35 GW and module to 4.5 GW by 2028. Upgrading to TOPCon technology and adding Ingot-Wafer facility.

Risks

Technological obsolescence risk managed by TOPCon pivot; dependency on imported wafers until Ingot-Wafer facility is operational.

Source

Earnings Call filed with NSE, NSE: WEBELSOLAR. Summary written with AI assistance from the document.

Read the document ↗

Websol Energy Systems Ltd: key numbers

Share price
₹73.23
Market cap
₹3,179 Cr
Revenue (annual)
₹1,049 Cr
Net profit (annual)
₹303.0 Cr
P/E (TTM)
10.1×Sector 45.9×
Promoter holding
29.72%+0.00% QoQ
FII holding
3.74%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Capacity Expansion

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Websol Energy System Ltd has been allotted 54.20 acres of land in West Bengal for a new 4 GW greenfield solar cell and module manufacturing facility.

manufacturing capacity
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Annual General Meeting

Websol Energy Systems Annual General Meeting

Websol Energy System Limited held its 36th AGM on September 22, 2026. The meeting transacted ordinary and special business, including a dividend declaration of Re 0.25.

15:43 IST BSE
Share Pledge

Websol Energy Systems Share Pledge

Websol Energy's promoters released 9.52 crore pledged shares (21.92%) with IREDA. Post-release, promoter encumbrance falls to 4.65% of capital.