ALFA Finder| Revenue growth | 70% YoY increase to INR 373 Cr. |
|---|---|
| Margins | EBITDA margin 34%; lower for modules than cells. |
| Order book | INR 1,278 Cr as of 30 June 2026. |
| Demand visibility | Strong visibility via INR 1,278 Cr confirmed order book. |
| Management confidence | High on executing 4GW expansion in phases. |
Growth
Revenue grew 70% YoY; cell production doubled to 259 MW. Sequential revenue declined 7% due to realization softening and monsoon seasonality.
Outlook
Capex of INR 270 Cr for 1.35GW TOPCon upgrade by March 2027; Phase 3 expansion moved to West Bengal; 4GW total capacity planned.
Risks
EBITDA margin compression (34% vs 47% YoY) from higher module sales; monsoon-related installation slowdowns; volatile silver input costs.
Last quarter's promises, checked
Delivered
- Repay INR 92 Cr IREDA loan & release pledge → Repaid INR 110 Cr (= BEAT)
- Approach full run-rate utilization → Cell production 259 MW / ~90% capacity (= BEAT)
- Complete INR 1,161 Cr order book in one FY → Q1 revenue INR 373 Cr on track (= BEAT)
Partly delivered
- Andhra Pradesh Phase 3 expansion → Relocated to West Bengal for synergies (= PARTIAL)
Missed
- Maintain healthy cell margins → EBITDA margin dropped from 41% to 34% (= MISS)
Earnings Call Transcript filed with BSE, NSE: WEBELSOLAR. Summary written with AI assistance from the document.
Websol Energy Systems Ltd: key numbers
- Share price
- ₹72.86
- Market cap
- ₹3,163 Cr
- Revenue (annual)
- ₹1,049 Cr
- Net profit (annual)
- ₹303.0 Cr
- P/E (TTM)
- 9.1×Sector 44.3×
- Promoter holding
- 29.72%+0.00% QoQ
- FII holding
- 4.17%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Websol Energy Systems Ltd
All →Websol Energy Systems Earnings Call Transcript: Key Takeaways
Q2 revenue ₹361 Cr (+114.6%), PAT ₹80 Cr (+73.2%), EBITDA ₹128 Cr; debt-free after IREDA repayment. Growth is strong, but margin moderation is guided as new capex comes on stream, and module utilisation is just 68%.
Websol Energy Systems Results Update
Websol's Q2FY27 revenue rose 114.6% to ₹361 Crore and PAT rose 73.2% to ₹80 Crore. It also secured land for a planned 4 GW cell plant.
Websol Energy Systems Acquisition Worth ₹8 Cr
Websol Energy will buy a 40% stake in Bright Earth Cell for Rs.8 Crore cash, making it an associate. The target has not yet started operations.
- Value
- ₹8.00 Cr
Websol Energy Systems Q2 FY27 Results: Net Profit ₹80.2 Cr, Up 73.2% YoY
Websol Energy Systems Ltd reported revenue from operations of ₹361 Cr (+114.6% YoY) and net profit of ₹80.2 Cr (+73.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹80.2 Cr · +73.2% YoY
Websol Energy Systems Management Change
Websol Energy System Ltd has appointed Mr. Vinay Vyas as the Chief Executive Officer of its wholly-owned subsidiary, Websol Renewables Private Limited.
Websol Energy Systems Board Meeting Date
Websol Energy's Board is scheduled for Nov 4, 2026 to approve Q2/H1 FY27 results. Trading window remains closed through Nov 6, 2026.