sharesgurusharesguru
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
LoginSign Up
sharesguru
  • Home
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
  • Profile
  • Contact Us
LoginSign Up
sharesguru

Discover the joy of investing.

All the financial data and tools you need, at one place.

Navigation

  • Home
  • Stocks
  • Sectors

Tools

  • Ai Screener
  • Watchlists

Company

  • Contact

Legal

  • Privacy Policy
  • Terms of Service
Copyright © 2025 Knowtilus Technologies Pvt. Ltd.
SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
WEBELSOLAR logo

WEBELSOLAR - Websol Energy System Limited Share Price

Electrical Equipment
Sharesguru Stock Score

WEBELSOLAR

90/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹109.26-3.67(-3.25%)
Market Closed as of May 29, 2026, 15:30 IST
Pros

Balance Sheet: Strong Balance Sheet.

Growth: Awesome revenue growth! Revenue grew 83.5% over last year and 5133.7% in last three years on TTM basis.

Past Returns: Outperforming stock! In past three years, the stock has provided 133.5% return compared to 8.9% by NIFTY 50.

Profitability: Very strong Profitability. One year profit margin are 29%.

Cons

Smart Money: Smart money is losing interest in the stock.

Dividend: Stock hasn't been paying any dividend.

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Sharesguru Stock Score

WEBELSOLAR

90/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap4.9 kCr
Price/Earnings (Trailing)16.18
Price/Sales (Trailing)4.63
EV/EBITDA11.34
Price/Free Cashflow65.04
MarketCap/EBT13.64
Enterprise Value4.95 kCr

Fundamentals

Revenue (TTM)1.06 kCr
Rev. Growth (Yr)132.3%
Earnings (TTM)302.99 Cr
Earnings Growth (Yr)157.9%

Profitability

Operating Margin34%
EBT Margin34%
Return on Equity48.04%
Return on Assets32.54%
Free Cashflow Yield1.54%

Growth & Returns

Price Change 1W7%
Price Change 1M1.9%
Price Change 6M6.7%
Price Change 1Y-18.4%
3Y Cumulative Return133.5%
5Y Cumulative Return83.1%
7Y Cumulative Return73.6%
10Y Cumulative Return36.5%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-233.47 Cr
Cash Flow from Operations (TTM)255.35 Cr
Cash Flow from Financing (TTM)-2.76 Cr
Cash & Equivalents66.32 Cr
Free Cash Flow (TTM)75.38 Cr
Free Cash Flow/Share (TTM)1.74

Balance Sheet

Total Assets931.02 Cr
Total Liabilities299.64 Cr
Shareholder Equity630.71 Cr
Current Assets450.15 Cr
Current Liabilities152.96 Cr
Net PPE446.35 Cr
Inventory159.86 Cr
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.13
Debt/Equity0.19
Interest Coverage21.48
Interest/Cashflow Ops16.97

Dividend & Shareholder Returns

Shares Dilution (1Y)2.9%
Shares Dilution (3Y)11.9%
Pros

Balance Sheet: Strong Balance Sheet.

Growth: Awesome revenue growth! Revenue grew 83.5% over last year and 5133.7% in last three years on TTM basis.

Past Returns: Outperforming stock! In past three years, the stock has provided 133.5% return compared to 8.9% by NIFTY 50.

Profitability: Very strong Profitability. One year profit margin are 29%.

Cons

Smart Money: Smart money is losing interest in the stock.

Dividend: Stock hasn't been paying any dividend.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Shares Dilution (1Y)2.9%
Earnings/Share (TTM)6.98

Financial Health

Current Ratio2.94
Debt/Equity0.19

Technical Indicators

RSI (14d)41.38
RSI (5d)88.41
RSI (21d)51.36
MACD SignalSell
Stochastic Oscillator SignalHold
SharesGuru SignalBuy
RSI SignalHold
RSI5 SignalSell
RSI21 SignalHold
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalBuy
SMA 50 SignalBuy
SMA 100 SignalBuy

Summary of Latest Earnings Report from Websol Energy System

Summary of Websol Energy System's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

In the earnings call for FY26, management of Websol Energy System Limited provided an optimistic outlook, highlighting significant accomplishments and future strategic plans. The company reported record financial results, with revenue from operations reaching INR 1,049 crores, an 82% increase from the previous year. EBITDA stood at INR 429 crores (up 70%), and profit after tax (PAT) was INR 303 crores, marking a 96% increase. For Q4FY26, revenue was INR 401 crores, with EBITDA of INR 146 crores and PAT of INR 125 crores, demonstrating robust performance.

Looking ahead, management outlined plans to upgrade a Mono PERC cell line to TOPCon technology, expected to increase total cell capacity from 1.2 GW to 1.35 GW. This upgrade targets cell efficiency of over 24.5%. They confirmed no external funding was needed for Phase 2 and noted a disciplined approach to capital allocation. The anticipated capital expenditure for the TOPCon upgrade is between INR 250 to INR 270 crores, with expected limited revenue downtime due to continued operation of another cell line during the upgrade.

Management indicated a strong order book of INR 1,161 crores, reflecting healthy demand. Notably, they achieved a net cash surplus of INR 255 crores from operations, strengthening their balance sheet, with a net worth increase to INR 631 crores and a decrease in debt-to-equity ratio to 0.19 times.

Lastly, as part of their future growth strategy, they are exploring backward integration into ingot and wafer production, targeting readiness by the ALMM List 3 deadline in June 2028. The management remains confident in the solar sector's growth and plans to continue enhancing operational efficiency and expanding capacity to meet future demand.

Question and Answer Summary from Websol Energy System Limited's Q4 & FY26 Earnings Call

Question 1:

Amit Mishra: What is the timeframe we have to address the pledge we are carrying for IREDA, now that we are a net cash surplus company?

Sanjana Khaitan: The outstanding net debt under IREDA is around INR 92 crores. We are currently in discussions with IREDA for repayment and the release of pledged shares, and we aim to complete this in the next month or two.

Question 2:

Amit Mishra: Can you let us know about the plan for debt during the upcoming capex expansion?

Sanjana Khaitan: We started the project using our cash surplus and aim to minimize debt. At some point, we may need to raise debt, but it will be minimized as much as possible.

Question 3:

Amit Mishra: What timeline do you expect for the TOPCon upgrade for the Mono PERC line?

Sanjana Khaitan: We have commenced the upgrade and anticipate commercial production by February 2027.

Question 4:

Naman Jain: How much will the upgrade cost and what will be the impact on production during the transition?

Amrit Daga: The upgrade is estimated to cost between INR 250 and INR 270 crores. We expect about half a month of production issues as we integrate the new equipment but aim to maintain operations otherwise.

Question 5:

Yash Jain: What are the execution timelines for your current INR 1,160 crore order book?

Sanjana Khaitan: We expect to complete the INR 1,161 crore order book within one financial year.

Question 6:

Rahul Hemani: Are we planning to enter the battery energy storage system market?

Sanjana Khaitan: We're evaluating the battery energy storage system market due to India's targets for storage capacity. However, our priority currently is executing the previously announced capacity and scaling operations.

Question 7:

Hriday Choksey: How confident are you about managing the projected capex expenses?

Sanjana Khaitan: We have adequate surplus cash for immediate expansion and plan to prudently raise some debt to support our growth trajectories.

Question 8:

Anik Mitra: What is the estimated capex for your ingot and wafer production?

Amrit Daga: We're still evaluating costs and will update you once we have confirmed quotes, targeting completion by the ALMM List 3 deadline of June 2028.

These summaries encapsulate the major questions and answers within the character limit. Let me know if you need more details or further information!

Share Holdings

Understand Websol Energy System ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
S L INDUSTRIES PVT LTD13.05%
SOHAN LAL AGARWAL8.9%
WEBSOL GREEN PROJECTS PRIVATE LIMITED7.74%
AMIT MISHRA2.12%
CHIRANJI LALL AGARWAL0.03%
RAJKUMARI AGARWAL0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Websol Energy System Better than it's peers?

Detailed comparison of Websol Energy System against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr

Sector Comparison: WEBELSOLAR vs Electrical Equipment

Comprehensive comparison against sector averages

Comparative Metrics

WEBELSOLAR metrics compared to Electrical

CategoryWEBELSOLARElectrical
PE16.1834.26
PS4.632.59
Growth83.5 %27.9 %
33% metrics above sector average
Key Insights
  • 1. WEBELSOLAR is among the Top 10 Other Electrical Equipment companies but not in Top 5.
  • 2. The company holds a market share of 1.9% in Other Electrical Equipment.
  • 3. In last one year, the company has had an above average growth that other Other Electrical Equipment companies.

Income Statement for Websol Energy System

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations-1,049-----
Other Income-9.87-----
Total Income-1,059-----
Cost of Materials-470-----
Employee Expense-36-----
Finance costs-16-----
Depreciation and Amortization-62-----
Other expenses-173-----
Total Expenses-698-----
Profit Before exceptional items and Tax-361-----
Exceptional items before tax--1.35-----
Total profit before tax-359-----
Current tax-32-----
Deferred tax-24-----
Total tax-56-----
Total profit (loss) for period-303-----
Other comp. income net of taxes-1.53-----
Total Comprehensive Income-305-----
Earnings Per Share, Basic-6.98-----
Earnings Per Share, Diluted-6.98-----
Description(%) Q/QMar-2026Dec-2025Sep-2025Jun-2025Mar-2025Dec-2024
Revenue From Operations53.8%401261----
Other Income310.6%2.931.47----
Total Income54.4%404262----
Cost of Materials21.9%179147----
Employee Expense48.2%149.77----
Finance costs-6.4%3.53.67----
Depreciation and Amortization53.3%2416----
Other expenses28.2%5140----
Total Expenses62.4%282174----
Profit Before exceptional items and Tax39.1%12288----
Exceptional items before tax134.4%2.76-4.11----
Total profit before tax49.4%12584----
Current tax-120.8%-2.1216----
Deferred tax-34%2.282.94----
Total tax-104.7%0.1619----
Total profit (loss) for period92.2%12465----
Other comp. income net of taxes158.7%1.440.25----
Total Comprehensive Income95.3%12665----
Earnings Per Share, Basic224.1%2.751.54----
Earnings Per Share, Diluted250%2.821.52----
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations82.6%1,0495752617213154
Other Income814.4%9.871.970.963.014.594.31
Total Income83.7%1,0595772720218158
Cost of Materials163.5%470179169.7815091
Purchases of stock-in-trade-0000120
Employee Expense118.8%36172.196.79109.02
Finance costs-16.7%16194.743.823.059.08
Depreciation and Amortization52.5%624136151515
Other expenses35.4%17312818141819
Total Expenses82.5%6983837449205144
Profit Before exceptional items and Tax86.5%361194-47.34-29.021314
Exceptional items before tax--1.350-105.34-2.51.2256
Total profit before tax86%360194-152.68-31.521469
Current tax-3200000
Deferred tax-41%2440-31.72-7.854.171.41
Total tax41%5640-31.72-7.854.171.41
Total profit (loss) for period96.1%303155-120.96-23.679.6768
Other comp. income net of taxes139.8%1.53-0.33-0.250.080.50.16
Total Comprehensive Income98.7%305154-121.21-23.591068
Earnings Per Share, Basic124.3%6.983.666-1.383-0.6310.2912.21
Earnings Per Share, Diluted128.5%6.983.617-1.383-0.6310.2911.93
Description(%) Q/QMar-2026Dec-2025Sep-2025Jun-2025Mar-2025Dec-2024
Revenue From Operations53.8%401261168219173147
Other Income310.6%2.931.473.282.181.060.39
Total Income54.4%404262172221174148
Cost of Materials21.9%17914763815042
Employee Expense48.2%149.776.685.945.514.82
Finance costs-6.4%3.53.674.734.093.795.05
Depreciation and Amortization53.3%241611119.8615
Other expenses28.2%514034474035
Total Expenses62.4%282174112130108100
Profit Before exceptional items and Tax39.1%1228860916648
Exceptional items before tax134.4%2.76-4.110000
Total profit before tax49.4%1258460916648
Current tax-120.8%-2.12164.411400
Deferred tax-34%2.282.949.129.78186.55
Total tax-104.7%0.16191424186.55
Total profit (loss) for period93.8%1256546674842
Other comp. income net of taxes158.7%1.440.25-0.08-0.08-0.14-0.06
Total Comprehensive Income95.3%1266546674842
Earnings Per Share, Basic224.1%2.751.541.0971.5921.1440.985
Earnings Per Share, Diluted250%2.821.521.0791.5651.1250.973

Balance Sheet for Websol Energy System

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents-66-----
Current investments-52-----
Loans, current-15-----
Total current financial assets-262-----
Inventories-160-----
Current tax assets-2.49-----
Total current assets-450-----
Property, plant and equipment-446-----
Capital work-in-progress-0.84-----
Total non-current financial assets-12-----
Total non-current assets-481-----
Total assets-931-----
Borrowings, non-current-85-----
Total non-current financial liabilities-96-----
Provisions, non-current-2.41-----
Total non-current liabilities-147-----
Borrowings, current-33-----
Total current financial liabilities-117-----
Provisions, current-4.31-----
Current tax liabilities-5.81-----
Total current liabilities-153-----
Total liabilities-300-----
Equity share capital-43-----
Total equity-631-----
Total equity and liabilities-931-----
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents2149.1%663.8948290.9315
Current investments240%52160000
Loans, current-1500000
Total current financial assets278.3%2627091481.7315
Inventories72.8%1609334291911
Current tax assets-2.4901.890.450.40.38
Total current assets120.1%450205164933130
Property, plant and equipment-4.7%446468283303270202
Capital work-in-progress-113.7%0.067.8617030100
Non-current investments-0.15055.0800
Total non-current financial assets0%12128.068.153.243.24
Total non-current assets-4.8%480504350313322339
Total assets31.2%930709514406353369
Borrowings, non-current-16%8510112315216290
Total non-current financial liabilities-15.2%9611312315316290
Provisions, non-current-36.2%2.413.212.492.062.192.08
Total non-current liabilities-7.6%147159151155165106
Borrowings, current-27.3%3345295.892140
Total current financial liabilities-9.4%11712965507264
Provisions, current-51.1%4.317.7780.170.352.2
Current tax liabilities-56.3%5.81120000
Total current liabilities-4.4%15215986628066
Total liabilities-5.4%300317236218245172
Equity share capital2.4%434242424239
Total equity61.5%631391278188108197
Total equity and liabilities31.2%930709514406353369

Cash Flow for Websol Energy System

Consolidated figures (in Rs. Crores) /
Finance costs-
Change in inventories-
Depreciation-
Net Cashflows from Operations-
Interest received-
Income taxes paid (refund)-
Net Cashflows From Operating Activities-
Purchase of property, plant and equipment-
Purchase of intangible assets-
Interest received-
Other inflows (outflows) of cash-
Net Cashflows From Investing Activities-
Proceeds from issuing shares-
Repayments of borrowings-
Payments of lease liabilities-
Interest paid-
Net Cashflows from Financing Activities-
Net change in cash and cash eq.-
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs-16.7%16194.743.82--
Change in inventories-416.5%-125.5941-14.177.67--
Depreciation87042.9%621.073615--
Impairment loss / reversal-001050--
Unrealised forex losses/gains-51.5%00.34-0.10--
Adjustments for interest income-000-2.8--
Net Cashflows from Operations51.9%28518835-8.514-
Interest paid-105.6%01900--
Interest received-97.8%-3.57-1.3100--
Income taxes paid (refund)-2700.02-0.08--
Net Cashflows From Operating Activities53%25516735-8.4214-
Proceeds from sales of PPE97.7%0-42.870.330--
Purchase of property, plant and equipment-17902245.76--
Purchase of intangible assets-0.06000--
Purchase of intangible assets under development-56.2%00.360.160--
Interest received532.3%2.961.3100--
Other inflows (outflows) of cash-29.3%-57.18-43.9900--
Net Cashflows From Investing Activities-169.8%-233.47-85.91-223.42-5.76--
Proceeds from issuing shares-4803823--
Proceeds from issuing other equity instruments-106.7%01600--
Proceeds from borrowings-114.1%08.11620--
Repayments of borrowings-13.2%34396.049.75--
Payments of lease liabilities-1.93000--
Interest paid-22.2%15194.753.05--
Net Cashflows from Financing Activities89.4%-2.76-34.5518910--
Net change in cash and cash eq.-63%18470.84-3.6914-

What does Websol Energy System Limited do?

Other Electrical Equipment•Capital Goods•Small Cap

Websol Energy System Limited manufactures and sells solar photovoltaic (PV) cells and modules in India. The company was formerly known as Websol Energy Systems Ltd. and changed its name to Websol Energy System Limited in October 2011. Websol Energy System Limited was incorporated in 1990 and is based in Falta, India.

Industry Group:Electrical Equipment
Employees:190
Website:www.webelsolar.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Performance Comparison

WEBELSOLAR vs Electrical (2021 - 2026)

Although WEBELSOLAR is underperforming relative to the broader Electrical sector, it has achieved a 27.4% year-over-year increase.