Websol Energy System Limited announced stellar financial results for the quarter and year ended March 31, 2026. The company reported a 132.1% year-on-year jump in Q4 revenue to Rs. 401 crore. Full-year profit rose by 95.8%, reaching Rs. 303 crore. Bolstered by strong demand and operational efficiencies, the company successfully ramped up its cell capacity, turned net cash surplus, and maintains a robust order book of Rs. 1,161 crore.
Financial Highlights
For the fourth quarter of FY26, Websol Energy reported revenue of Rs. 401 crore, marking a significant 132.1% increase compared to the same period in the previous year. Profit After Tax (PAT) for the quarter soared to Rs. 125 crore, reflecting a 157.9% growth over Q4FY25. On a full-year basis, the company achieved total revenue of Rs. 1,049 crore, a 82.4% surge, while annual PAT climbed to Rs. 303 crore, representing a 95.8% improvement over FY25.
Operational Achievements and Capacity Expansion
The company has made significant strides in operational scaling. Key milestones include the successful ramp-up of Cell Line-2, with capacity utilization consistently remaining above 90%. To further strengthen its market position, Websol has initiated an upgrade of one existing Mono PERC cell line to Topcon technology. Once commissioned, this project will boost the company’s total cell capacity to 1.35 GW, serving as a critical step toward the goal of establishing an integrated 2 GW cell and module facility.
Financial Position and Future Outlook
As of March 31, 2026, Websol has effectively transitioned into a net cash surplus position, with cash and cash equivalents of Rs. 152 crore against a total debt of Rs. 118 crore, resulting in a net cash balance of Rs. 34 crore. With a strong order book valued at Rs. 1,161 crore, the company remains well-positioned to benefit from favorable structural tailwinds in India’s solar manufacturing sector, including supportive government policies like PLI and ALMM, and rising demand for high-efficiency solar products.
Source: BSE
