Websol Energy Systems Ltd. (WEBELSOLAR) — Solar PV Manufacturer

Websol Energy Systems Ltd. (WEBELSOLAR)

Current Status (as of Sep 22, 2026)

• Share Price: ₹72.10 (NSE) - Market Cap: ₹3,027 Cr - P/E Ratio: 9.66 (Average PE) - Dividend Yield: Not specified - 52-Week Range: ₹50.40 - ₹137.90 ### Financial Highlights
• ROE: 48.04% (Mar 2026) vs. 5-year avg of 23.07% - Interest Coverage Ratio: 23.15 (strong) - Cash Conversion Cycle: 4.22 days (efficient) - Current Ratio: 2.96 (healthy liquidity) ### Recent Performance
• Q1 FY26-27 Results:
• Net Sales: ₹372.60 Cr
• Operating Profit: ₹125.58 Cr
• Profit After Tax: ₹77.79 Cr
• Adjusted EPS: ₹1.79 - Annual Performance (Mar 2026):
• Net Sales: ₹1,049.44 Cr (up from ₹575.46 Cr in Mar 2025)
• Operating Profit: ₹421.44 Cr
• Profit After Tax: ₹124.51 Cr
• Adjusted EPS: ₹2.87 ### Key Strengths
• Strong Profit Growth: 145.48% over past 3 years - Revenue Growth: 293.49% over past 3 years - High ROCE: 21.71% over past 3 years - Market Position: Leading manufacturer of photovoltaic mono-crystalline solar cells and modules ### Risks & Considerations
• Promoter Pledge: 89.39% of promoter holdings pledged - Sector Volatility: Solar sector exposed to policy changes and raw material price fluctuations
• Valuation: P/E of 9.66x appears reasonable but monitor growth sustainability

Note: Websol Energy Systems Ltd. operates in the renewable energy sector, specifically solar PV module manufacturing. The company has shown strong financial performance with significant growth in both revenue and profits over recent periods.

Peer Comparison (Selected)

Websol trades at a discount to sector PE, reflecting perhaps different growth profiles or risk perceptions.

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