Websol Energy System Limited reported stellar performance for the financial year ended March 31, 2026, with standalone revenue surging to ₹1,049.44 crore. The Board has recommended a final dividend of Re. 0.25 per equity share. Driven by robust operational efficiency in solar cell and module manufacturing, the company also announced the reappointment of Mr. Sohan Lal Agarwal as Managing Director for a three-year term to ensure sustained leadership stability.
Financial Performance Highlights
The company achieved significant growth throughout the fiscal year, with standalone revenue from operations reaching ₹1,049.44 crore, compared to ₹575.46 crore in the previous year. Profit after tax for the year stood at ₹303.01 crore, marking a substantial increase from ₹154.74 crore in the previous fiscal period. The Q4 (Jan-Mar) results were particularly strong, contributing ₹401.45 crore to the total annual revenue.
Strategic Corporate Developments
The Board of Directors has recommended a final dividend of Re. 0.25 per equity share of face value Re. 1/- each, pending approval at the upcoming Annual General Meeting. Additionally, the company is fortifying its management team by reappointing Mr. Sohan Lal Agarwal as Managing Director for a period of three years, effective April 1, 2026. His leadership has been pivotal in the company’s growth as a pioneer in solar photovoltaic manufacturing.
Operational Expansion
Websol Energy System Limited continues to focus on its core business segment of solar cell and module manufacturing. During the fiscal year, the company expanded its corporate footprint by incorporating a new wholly-owned subsidiary, Websol Renewables Private Limited. To further streamline internal governance, M/s RSM Astute Consulting Private Limited has been appointed as the Internal Auditor for the 2026-27 financial year.
Share Capital Update
Following the successful conversion of share warrants into equity, the company issued and allotted 1.21 crore equity shares at an issue price of ₹53 per share in March 2026. This move has increased the paid-up equity share capital to ₹43.42 crore, reinforcing the company’s capital structure for future growth initiatives.
Source: BSE
