Websol Energy System
115.99
+5.14(+4.64%)
Market Cap₹4,895.51 Cr
PE Ratio21.25
Company Performance:
1D+4.64%
1M+52.64%
6M-2.43%
1Y-25.97%
5Y+2,591.18%
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More news about Websol Energy System
16Mar 26
Websol Energy System Promoters Create Fresh Share Pledges Worth 1.84% of Capital
Websol Energy System Limited's promoter group created fresh pledges on 12 million shares (1.84% of share capital) on March 10, 2026, as security for borrowing loans. S L Industries Pvt Ltd pledged 6 million shares to Merlin Projects Limited, while Websol Green Projects and Sohan Lal Agarwal pledged 5 million and 1 million shares respectively to Ellenbarrie Industrial Gases Limited. Post these transactions, total promoter encumbrances now exceed 115 million shares across the three entities.
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13Mar 26
Websol Energy System Converts 12.10 Lakh Warrants Into 1.21 Crore Equity Shares
Websol Energy System Limited completed conversion of 12.10 lakh warrants into 1.21 crore equity shares, receiving Rs 48.10 crore from promoter group entity Websol Green Projects Private Limited. The Board approved the allotment on March 13, 2026, with shares issued at Rs 53 each following stock split adjustments. The company's paid-up capital increased to Rs 43.42 crore consisting of 43.42 crore equity shares of Re 1 each.
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26Feb 26
Websol Energy System Secures ₹172 Crore Orders from Three Major Clients
Websol Energy System Limited has successfully secured three purchase orders totaling ₹172 crores for 85.5 MW solar modules from Bekem Infra Projects, Sri Avantika Contractors, and Kosol Energie. The orders are currently in production with scheduled delivery by May 2026, and the company confirmed that recent U.S. tariffs on solar imports will not affect its operations as it doesn't export to the United States.
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05Feb 26
Websol Energy System Reports Strong Q3 FY26 Performance with 77.2% Revenue Growth
Websol Energy System Limited reported exceptional Q3 FY26 results with revenue of Rs. 261 crores (77.2% YoY growth), EBITDA margin of 40.8%, and PAT margin of 24.8%. Nine-month revenue reached Rs. 648 crores with 61% growth. The company maintains strong operational metrics with Cell Line-1 at 97% utilization and newly commissioned Cell Line-2 at 54% utilization. With an order book of Rs. 1,150 crores and expansion plans for a 4 GW facility in Andhra Pradesh, the company is well-positioned for continued growth in India's solar energy market.
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31Jan 26
Websol Energy System Reports Strong Q3FY26 Results with Revenue of ₹261.02 Crores
Websol Energy System Limited announced strong Q3FY26 financial results with total income from operations of ₹261.02 crores and net profit after tax of ₹84.00 crores. The solar cells and modules manufacturer showed significant improvement across all key financial metrics compared to previous quarters and year-ago period, with nine-month revenue reaching ₹647.99 crores.
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12Jan 26
Websol Energy System Receives Government Approval for 4 GW Solar Manufacturing Project in Andhra Pradesh
Websol Energy System has received Andhra Pradesh government approval for establishing a 4 GW greenfield solar cell and module manufacturing facility at MPSEZ, Naidupeta, Tirupati district. The project includes a comprehensive incentive package with land benefits, subsidies, and duty exemptions, along with plans for a 100 MW captive solar power plant. The company reported strong Q2FY26 financial performance with revenue growing 17% to ₹168.00 crore and net profit increasing 10% to ₹46.00 crore, while successfully commissioning its Phase II 600 MW mono-PERC solar cell line with high capacity utilization rates.
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12Jan 26
Websol Energy System Receives Andhra Pradesh Government Approval for 4 GW Solar Manufacturing Project
Websol Energy System has secured official approval from the Andhra Pradesh government for its 4 GW solar cell and module manufacturing project at MPSEZ, Naidupeta. The project includes a 100 MW captive solar power plant and comes with comprehensive government incentives including land allotment, capital investment subsidy, and various exemptions. The company has also partnered with Linton for PV ingot and wafer manufacturing opportunities in India.
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12Jan 26
Andhra Pradesh Government Approves Websol Energy System's 4 GW Solar Manufacturing Expansion at Naidupeta
Andhra Pradesh government has approved Websol Energy System's plan to establish a 4 GW solar cell and module expansion plant at MPSEZ Naidupeta. The project represents a significant investment in renewable energy manufacturing infrastructure and will boost India's domestic solar equipment production capabilities. The strategic location at the port-based special economic zone offers logistical advantages for the manufacturing operations.
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01Jan 26
Websol Energy System Receives CRISIL BBB+/Stable Rating for ₹150 Crore Credit Facilities
Websol Energy System Limited has received CRISIL BBB+/Stable ratings for its ₹150 crore credit facilities, comprising a ₹15 crore cash credit facility and a ₹135 crore term loan. The rating assignment was disclosed under SEBI regulations, with the company providing stakeholders comprehensive information including CRISIL's detailed rating rationale.
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24Dec 25
Websol Energy System shares rally 14% after Rs 73 crore tax demand eliminated
Websol Energy System's stock rallied 14.1% to Rs 97.55 following a favorable ruling in a tax dispute. The Commissioner of Income Tax (Appeals) set aside a Rs 73.04 crore tax demand for the 2017-18 assessment year, eliminating a significant contingent liability. Despite the surge, the stock remains down 46% recently, with technical indicators showing mixed signals.
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24Dec 25
Websol Energy System Wins ₹73 Crore Tax Appeal, Eliminating Major Financial Liability
Websol Energy System has successfully won a tax appeal worth ₹73.00 crores. This victory eliminates a significant financial liability from the company's books, improving its balance sheet position and financial flexibility. The resolution of this tax dispute allows the electrical equipment manufacturer to focus on core business operations and growth initiatives.
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Websol Energy System
115.99
+5.14
(+4.64%)
1 Year Returns:-25.97%
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Websol Energy System
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