Websol Energy System Ltd (WEBELSOLAR) — FY26 Annual Report | 29 August 2026

Websol Energy System Ltd reported a transformative FY2025-26 with revenue surging 82.4% to ₹1,049.44 Crore, PAT rising 95.8% to ₹303.01 Crore, and net worth doubling to ₹630.71 Crore. The company achieved net debt negative status, improved debt-to-equity ratio to 0.19x, and commissioned 600 MW of new solar cell capacity, including 150 MW TOPCon upgrade. Strategic focus includes backward integration into ingot/wafer manufacturing under India's ALMM-III policy, with plans to scale TOPCon capacity to 750 MW by 2027 and launch a 2,000 MW greenfield facility by 2027. Key milestones include CRISIL BBB+ credit rating, 85% cell line capacity utilisation, and 70% employee retention. The board approved Mr. Dinesh Agarwal as Independent Director and Ms. Sanjana Khaitan's remuneration with up to 15% annual increment and 0.50% net profit commission (capped at ₹2 Crore).