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Websol Energy System share price & results

Websol Energy System Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Manufactures Mono-PERC solar PV cells and modules at its Falta SEZ (West Bengal) plant since 1990.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue373 ₹ crore+70.3% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin34.0 %−13.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit78.0 ₹ crore+16.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity68.94 %+11.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin7.70 %−16.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable—Trailing twelve monthsTTM to Jun 2026Not in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 6 judged targets kept · 10 open · verdicts reflect calls analysed to Q1 FY27.

Websol Energy System Limited management guidance track record on Inve: 16 targets tracked across analysed earnings calls (3 achieved, 3 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Cell Line-2 Utilization90% in the current quarter
Call transcript, Q3 FY26 · 30 Jan 2026		Q3 FY26Q1 FY27:Promise achieved in a prior quarter. Cell utilization for Q1 FY27 was reported at 92%.
Call transcript, Q1 FY27 · 11 Aug 2026		Achieved
Phase-3 Financial ClosureMarch-April (Q4 FY26)
Call transcript, Q3 FY26 · 30 Jan 2026		Q3 FY26Q1 FY27:The original promise remains missed. The underlying project has been significantly revised, with the location moved from Andhra Pradesh to West Bengal.
Call transcript, Q1 FY27 · 11 Aug 2026		Missed
EBITDA Margin40%+ for the next 2-3 years (with potential 3-4% variation)
Call transcript, Q3 FY26 · 30 Jan 2026		Q3 FY26Q1 FY27:Q1 EBITDA margin reported at 34%, well below the 40% target. Management attributed this to product mix and now guides to maintain current (lower) margin levels for the next 1-2 years.
Call transcript, Q1 FY27 · 11 Aug 2026		Diluted

Source: Inve Guidance Tracker for Websol Energy System Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

3 of Websol Energy System Limited's 16 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 13 more targets are in the full ledger.

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Price

₹63.49 +4.99% · +₹3.02

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance −94.7% 1Y

₹0.0k₹0.5k₹1.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 30 Jan 2026Q4 FY26 — 28 Apr 2026Q1 FY27 — 11 Aug 2026

1Y: ₹1,188.8 on 24 Oct 2025 → ₹63.49. High ₹1,337.6 (6 Nov 2025), low ₹51.89 (9 Mar 2026).

Previous close
₹60.47
Market cap
₹2.8k Cr
52-week range
₹51.89 – ₹1,337.6
One year
−94.83%
Price to earnings (TTM to Jun 2026)
8.81×
Return on equity (TTM to Jun 2026)
68.94%

Overview

Symbol
NSE:WEBELSOLAR
Industry
Industrials
Exchange
NSE
Currency
INR

What Websol Energy System Limited does

Based on the company's own presentations, annual report and earnings calls.

Websol Energy System Limited is one of India's earliest solar photovoltaic cell manufacturers, incorporated in 1990, ranked among the country's top five solar cell producers. It makes high-efficiency Mono-PERC solar cells and modules at a single integrated facility in the Falta Special Economic Zone, West Bengal, and earns by selling these cells and modules to solar module makers, EPC contractors and project developers. The company began as a fully export-oriented unit serving Europe (notably Germany and Italy) and the United States, and is now expanding its cell and module lines with newer Topcon and Perovskite cell technologies under development.

Installed solar cell capacity
1.2 GW
Installed solar module capacity
550 MW
Manufacturing facility
Single integrated plant in Falta Special Economic Zone, West Bengal
Market position
Ranked among India's top five solar cell manufacturers
Operating track record
30+ years (incorporated 1990)
Export markets served historically
Europe (Germany, Italy) and United States
Founded 1990Headquarters Kolkata, West BengalEmployees 420 (2025-03-31) Company website

How the price took the results

close before → close after

Q1 FY27
−5.0%
11 Aug
Q4 FY26
+5.0%
28 Apr
Q3 FY26
−6.0%
30 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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