Websol Energy declares ₹0.25 per share final dividend for FY26

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Websol Energy declares a final dividend of ₹0.25 per share for FY26
  • Record date for eligibility is set as September 15, 2026
  • Payout requires approval at the AGM on September 22, 2026
  • Board approved the dividend in its meeting on April 27, 2026
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Websol Energy System Limited declared a final dividend of ₹0.25 per equity share for FY26. The Board approved the payout during its meeting on April 27, 2026.

The dividend is subject to shareholder approval at the Annual General Meeting scheduled for September 22, 2026. Investors holding shares on the record date will be eligible for the distribution.

Dividend Details

Parameter Detail
Dividend Amount ₹0.25 per share
Face Value ₹1
Record Date September 15, 2026
AGM Date September 22, 2026

The Company Secretary and Compliance Officer, Ashok Purohit, confirmed the intimation to stock exchanges on August 29, 2026. The payout represents a 25% return on the face value of the equity shares.

Historical Stock Returns for Websol Energy System

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%-6.05%-21.38%+40.71%-37.89%+1,070.53%

How does Websol Energy's dividend yield compare to other renewable energy peers in the Indian market?

What is the expected impact of this payout on the company's free cash flow and future capital expenditure plans for FY27?

Will the board consider increasing the dividend payout ratio in subsequent years given the current profitability trends?

Websol Energy files FY26 sustainability report with ₹1,049 crore turnover

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Websol Energy reported FY26 turnover of ₹1,049.44 crore and net worth of ₹630.71 crore
  • Non-renewable energy consumption recorded at 1,76,507.28 GJ; Scope 2 GHG emissions at 34,508.15 tCO2e
  • Water withdrawal rose to 3,37,221.12 kilolitres, primarily from groundwater sources
  • Total workforce includes 140 employees and 855 workers with 23% and 24% turnover rates respectively
  • CSR not applicable for FY26; community initiatives benefited over 1,265 individuals
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Websol Energy System filed its Business Responsibility and Sustainability Report (BRSR) for FY26 on August 29, 2026. The filing details the company’s operational footprint, environmental metrics, and governance frameworks for the period ending March 31, 2026.

The Kolkata-based solar cell and module manufacturer reported a turnover of ₹1,049.44 crore and a net worth of ₹630.71 crore. The report highlights that 99.96% of the company's turnover stems from the manufacturing of photovoltaic solar cells and modules.

Operational and Workforce Metrics

The company operates from one plant and one office in India, serving customers across 15 states domestically and one international market. Exports contributed a marginal 0.12% to total turnover. The workforce comprises 140 employees and 855 workers as of the end of FY26.

Metric FY26 Value
Total Employees 140
Total Workers 855
Female Employees 6.43%
Female Workers 2.34%

Turnover rates for permanent employees stood at 23%, while permanent workers recorded a 24% turnover rate. The company noted that employee turnover data has been disclosed for the first time in FY26 following strengthened reporting processes.

Environmental Impact

Energy consumption remains a critical focus for Websol Energy. Total energy consumed from non-renewable sources was 1,76,507.28 GJ, while renewable sources contributed 0 GJ in FY26, compared to 35,901 GJ in FY25. The discrepancy in year-on-year figures is attributed to changes in measurement methodology and standardization approaches adopted in the current year.

Water withdrawal increased significantly to 3,37,221.12 kilolitres, primarily sourced from groundwater, up from 1,62,438.20 kilolitres in FY25. Total water consumption was 1,55,902.64 kilolitres. The company discharged 1,81,318.48 kilolitres of treated water to third parties.

Greenhouse gas emissions data shows total Scope 1 emissions at 224.60 tCO2e and Scope 2 emissions at 34,508.15 tCO2e. The company has not yet estimated Scope 3 emissions. Waste generation totaled 9,327.97 metric tonnes, with battery waste accounting for the largest share at 8,568 metric tonnes.

Governance and Social Initiatives

The board includes two female directors, representing 33% of the total board strength. Key Managerial Personnel (KMP) positions remain entirely male-led. The company reported four shareholder complaints during FY26, all of which were resolved by year-end. No complaints were received regarding communities, investors, or employees.

CSR provisions were not applicable for FY26 as the company did not meet the statutory criteria under Section 135 of the Companies Act, 2013. However, the company undertook community engagement activities benefiting over 1,265 individuals through health screenings, education support, and medical aid initiatives.

What the Numbers Show

A notable divergence exists in the company's environmental reporting metrics between FY25 and FY26. While non-renewable energy consumption appears to have decreased drastically in absolute terms (from 2,70,45,092 GJ to 1,76,507.28 GJ), the report explicitly states that the FY25 figure is not directly comparable due to differences in measurement methodology. Similarly, waste generation surged from 95.16 MT to 9,327.97 MT, driven by a comprehensive assessment of all plant waste sources in FY26 rather than an actual operational spike. These methodological shifts suggest improved data granularity rather than a sudden change in physical resource intensity.

Historical Stock Returns for Websol Energy System

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%-6.05%-21.38%+40.71%-37.89%+1,070.53%

How will Websol Energy plan to transition its energy mix from 100% non-renewable sources to incorporate renewable energy in FY27, given the zero renewable consumption reported in FY26?

What specific strategies will the company implement to address the significant year-on-year increase in groundwater withdrawal and mitigate potential regulatory risks associated with water usage?

Given the current low female representation in the workforce (under 3%) and management, what initiatives are planned to improve gender diversity and reduce the high employee turnover rates of over 23%?

More News on Websol Energy System

1 Year Returns:-37.89%