Websol Energy System Limited , a leading manufacturer of solar photovoltaic cells and modules, has reported robust financial results for H1 FY2026, along with significant corporate actions that signal growth and shareholder value creation.

Financial Performance

Websol Energy reported impressive financial results for H1 FY2026:

For Q2 FY2026:

Q2 FY2026 revenues were impacted by an eight-day temporary shutdown for electrical integration of the new cell line and logistics slowdown during the festive season in West Bengal.

Manufacturing Capacity Expansion

Websol Energy has expanded its production capabilities:

• Commissioned a new 600MW MonoPERC solar cell line in September 2025
• Total cell capacity increased to 1,200MW
• Achieved 23% efficiency levels within one month of production

The Board has approved a Rs 3,000 crore investment plan to:

• Expand manufacturing capacity to 5.2GW of solar cells and 4.5GW of modules by June 2028
• Upgrade to next-generation Topcon technology

Share Split Announcement

Websol Energy has announced a 1:10 stock split, effective from November 14, 2025, with the record date set for determining shareholder eligibility.

Websol Energy System Limited's strong financial performance, coupled with initiatives like capacity expansion and share split, positions the company for potential growth in the solar energy market. Investors and industry observers may keep a close watch on how these developments translate into long-term value creation for the company and its shareholders.

Websol Energy System , a leading player in the solar energy sector, has reported impressive financial results for the second quarter. The company's performance showcases significant growth across key financial metrics, reflecting its strong position in the market.

Financial Highlights

Websol Energy System has demonstrated robust growth in the second quarter, with revenue rising to ₹1,682.20 crore from ₹1,435.50 crore in the same period last year, marking a significant 21.00% year-on-year increase. This substantial revenue growth underscores the company's expanding market presence and strong demand for its products.

Profitability and Operational Efficiency

The company's net profit saw a healthy increase, rising to ₹463.20 crore compared to ₹419.80 crore in the corresponding quarter of the previous year, representing a 10.30% growth. This improvement in profitability indicates effective cost management and operational efficiency.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew to ₹730.00 crore from ₹626.60 crore year-on-year, showcasing a 16.50% increase. This growth in EBITDA reflects the company's ability to enhance its operational performance and manage costs effectively.

However, it's worth noting that the EBITDA margin experienced a slight decline, moving from 43.65% in the previous year to 43.45% in the current quarter. This marginal decrease of 0.20 percentage points suggests that while the company has grown its revenue and absolute EBITDA, there might be some pressure on margins, possibly due to increased input costs or competitive market conditions.

Expansion and Future Outlook

In a significant development, Websol Energy System has expanded its manufacturing capabilities. The company has commissioned an additional 600 MW Mono PERC Bifacial Solar Cell Line manufacturing facility, with commercial production commencing on September 27, 2025. This expansion is expected to contribute to increased production capacity and potentially higher revenues in the coming quarters.

Corporate Actions

The company has also announced a stock split, which was approved by shareholders on September 29, 2025. Each equity share with a face value of ₹10 will be split into 10 equity shares with a face value of ₹1 each. The record date for this corporate action has been set for November 14, 2025. This stock split may enhance liquidity and make the shares more accessible to a broader range of investors.

Websol Energy System's strong quarterly performance, coupled with its expansion initiatives and shareholder-friendly actions, positions the company favorably in the competitive solar energy market. Investors and market watchers will likely keep a close eye on how these developments translate into long-term growth and shareholder value.