Websol Energy System Ltd

Websol Energy System Limited will hold a board meeting on Wednesday, November 4, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, according to a regulatory filing. The company previously closed the trading window for equity shares from October 1, 2026, and it will remain closed until November 6, 2026.

Websol Energy System Limited disclosed that Sohan Lal Agarwal, along with SL Industries Pvt Ltd and Websol Green Projects Pvt Ltd, released encumbrance on 9,51,72,110 shares, representing 21.92% of the company's total share capital, on September 10, 2026, as part of a loan agreement with Indian Renewable Energy Development Agency Limited and Raj kumari Agarwal. Prior to the release, Sohan Lal Agarwal held 3,86,32,080 shares, SL Industries Pvt Ltd held 5,66,61,030 shares, and Websol Green Projects Pvt Ltd held 3,36,03,800 shares, all representing 8.90%, 13.05%, and 7.74% respectively of the total share capital.

Websol Energy System Limited informed the National Stock Exchange of India Limited and BSE Limited that the trading window for dealing in securities of the company will be closed for all designated persons and their immediate relatives from October 01, 2026, and will reopen after 48 hours from the declaration of unaudited financial results for the quarter ending September 30, 2026.

Websol Energy System Limited announced that shareholders approved the appointment of Sanjay Kumar as a Non-Executive Non-Independent Director, liable to retire by rotation, and Dinesh Agarwal as an Independent Director for a five-year term effective August 10, 2026. The company also noted the retirement of Rajeewa R Arya by rotation due to personal reasons, and the re-appointment of Sanjana Khaitan, while disclosing that Mr. Sohan Lal Agarwal is her grandfather.

Websol Energy System Limited disclosed that Sohan Lal Agarwal, along with SL Industries Pvt Ltd and Websol Green Projects Pvt Ltd, released a pledge on 9,51,72,110 equity shares, representing 21.92% of the company's share capital, held with Indian Renewable Energy Development Agency Limited. Prior to the release, Sohan Lal Agarwal held 3,86,32,080 shares, SL Industries Pvt Ltd held 5,66,61,030 shares, and Websol Green Projects Pvt Ltd held 3,36,03,800 shares, all of which were previously encumbered.

Websol Energy System Limited informed the National Stock Exchange of India Limited and BSE Limited that its board of directors approved a final dividend of Rs 0.25 (25%) per equity share of Re. 1 each for the financial year 2025-26, pending member approval at the Annual General Meeting scheduled for September 22, 2026, with a record date of September 15, 2026.

Websol Energy System will hold a meeting of the Board of Directors of the Company on 10 August 2026.

On a consolidated basis, net profit rose 157.9% YoY to Rs 125 crore in Q4 FY26 from Rs 48 crore in Q4 FY25. Sequentially, profit increased 91.6% from Rs 65 crore in Q3 FY26. Revenue from operations surged 132.1% YoY to Rs 401 crore in Q4 FY26 compared with Rs 173 crore a year ago. On a QoQ basis, revenue jumped 53.8% from Rs 261 crore. At the operating level, EBITDA stood at Rs 146 crore in Q4 FY26, up 37.4% vs Q3 and 86.4% vs Q4 FY25. However, EBITDA margin narrowed to 36.4% from 45.4% in the year-ago quarter and 40.8% in Q3, reflecting cost pressures. Profit before tax stood at Rs 125 crore in Q4 FY26, up 48.4% vs Q3 and 89.2% vs Q4 FY25. On the cost front, raw material expenses surged 258% YoY to Rs 179 crore, while employee benefit expenses increased 151.1% YoY to Rs 14 crore. Other expenses also climbed 29.1% YoY to Rs 51 crore. Depreciation more than doubled to Rs 24 crore, while finance costs remained largely stable at Rs 4 crore. For the full year, Websol Energy reported strong growth momentum. Revenue rose 82.4% YoY to Rs 1,049 crore in FY26. EBITDA stood at Rs 429 crore, up 69.6% YoY, though margin softened to 40.8% from 43.9% in FY25. PBT came in at Rs 359 crore, up 84.9% YoY, while net profit surged 95.8% to Rs 303 crore in FY26. Cash flow performance remained robust, with net cash from operating activities rising to Rs 254.70 crore in FY26 from Rs 167.26 crore in FY25. The company said it maintained a strong order book of Rs 1,161 crore as of 31 March 2026. The company turned net cash surplus as of 31 March 2026, with total debt of Rs 118 crore, cash & cash equivalents of Rs 152 crore and net cash of Rs 34 crore. Websol Energy System is one of the leading manufacturers of high-efficiency solar cells and solar modules in India.

Websol Energy System announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Net profit of Websol Energy System rose 157.92% to Rs 124.50 crore in the quarter ended March 2026 as against Rs 48.27 crore during the previous quarter ended March 2025. Sales rose 132.07% to Rs 401.45 crore in the quarter ended March 2026 as against Rs 172.99 crore during the previous quarter ended March 2025. For the full year,net profit rose 95.81% to Rs 303.00 crore in the year ended March 2026 as against Rs 154.74 crore during the previous year ended March 2025. Sales rose 82.37% to Rs 1049.44 crore in the year ended March 2026 as against Rs 575.46 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales401.45172.99 132 1049.44575.46 82 OPM %36.4445.37 -40.8343.91 - PBDT145.7375.75 92 422.41235.37 79 PBT121.9065.89 85 360.84194.47 86 NP124.5048.27 158 303.00154.74 96 Powered by Capital Market - Live