Websol Energy System Ltd.
NSE: WEBELSOLAR · Electricals
Sector
Electricals
Size band
Small cap
Market cap
3,291cr
P/E
14.5
ROE
83.7%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Electronics - Components · 7 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Kaynes Technology India Ltd. | 16.0% | 40.6% |
| Olectra Greentech Ltd. | 12.0% | 66.0% |
| Avalon Technologies Ltd. | 12.0% | 49.8% |
| Centum Electronics Ltd. | 12.0% | 14.0% |
| Websol Energy System Ltd. | 34.0% | 70.3% |
| Marine Electricals (India) Ltd. | 11.0% | 55.1% |
| DCX Systems Ltd. | −10.4% | −53.6% |
| IKIO Technologies Ltd. | 13.0% | 40.8% |
What management said
6 statements on recordEarnings call · Q1 FY27 / quarter ended 30th June, 2026 · 18 Aug 2026
- TOPCon upgrade capacity→750 megawatt of TOPCon capacity; overall cell manufacturing capacity to 1.3 gigawatt; approximately 55% of cell capacity on TOPCon· by March 2027
“On completion, that line will have 750 megawatt of TOPCon capacity, taking Websol's overall cell manufacturing capacity to 1.3 gigawatt, with approximately 55% of our cell capacity on TOPCon. We expect the upgrade to be completed by March 2027.”
- TOPCon upgrade capex and capacity→cell capacity from 1.2 gigawatt to 1.35 gigawatt; capex approximately INR270 crores· by March 2027
“On capital expenditures, the TOPCon upgrade will take our cell capacity from 1.2 gigawatt to 1.35 gigawatt and is expected to be completed by March 2027. The project entails an estimated capital expenditure of approximately INR270 crores.”
- cell utilisation→92%· time being
“However, otherwise, 92% is what we propose to keep holding for the time being.”
- Phase 3 expansion capacity→4-gigawatt capacity in phases
“We are not expecting any delays at this stage and our plans have not changed. We still remain confident on executing the 4-gigawatt capacity in phases.”
- expansion capacity phasing→4 gigawatts of additional cell and 4 gigawatts of solar modules; two phases of 2 gigawatts each
“So, we are doing a 4-gigawatt expansion in two phases. So, the total expansion will be 4 gigawatts of additional cell and 4 gigawatts of solar modules.”
- construction / commissioning timeline→construction expected to start in September; around 9 months to complete; equipment by approximately April to May; 2 months of trial· September onward
“So, with respect to the construction, as I said, we are expecting the land approval in this month. So, accordingly, construction is expected to start in September, sometime mid. And, accordingly, we should be taking around 9 months to complete this whole process, and just approximately in the month of December is when we will apply for the sorry, order the equipment, which we are expecting would be at our facility by approximately April to May. And, accordingly, we are expecting 2 months of trial.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
No broadcast calls recorded.
We log calls made about a company on business television — Zee Business, CNBC Awaaz and NDTV Profit — as they are stated on air. Nothing is on record for Websol Energy System Ltd..
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Mar 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 29.7 | 29.7 | 29.7 | 27.7 | +2.0 |
| Foreign institutions | 3.7 | 4.1 | 5.2 | 5.4 | −1.7 |
| Domestic institutions | 0.4 | 0.3 | 0.0 | 0.3 | +0.1 |
| Retail & others | 66.1 | 65.8 | 65.1 | 66.6 | −0.5 |
As filed with the exchange for the periods ending Dec 25 to Jun 26.
Filings
latest 25 of 184- Certificate under SEBI (Depositories and Participants) Regulations, 20185 Oct 2026
- Trading Window28 Sept 2026
- Change in Director(s)24 Sept 2026
- Shareholders meeting24 Sept 2026
- Press Release23 Sept 2026
- Shareholders meeting23 Sept 2026
- Scrutinizer's Report of the 36th Annual General Meeting held on 22nd September, 202623 Sept 2026
- General Updates22 Sept 2026
- Chairman & Executive Director's Speech at the 36th Annual General Meeting ('AGM') of Websol Energy System Limited ('the Company') held on 22nd September, 202622 Sept 2026
- Shareholders meeting22 Sept 2026
- Summary of the Proceedings of the 36th Annual General Meeting ('AGM') of Websol Energy System Limited held on 22nd September, 202622 Sept 2026
- The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 10, 2026 for Sohan Lal Agarwal & Others10 Sept 2026
- Updates1 Sept 2026
- Shareholders meeting1 Sept 2026
- Copy of Newspaper Publication31 Aug 2026
- Newspaper publication - Dispatch of 36th Annual General Meeting ('AGM') Notice and Annual Report for the FY 2025-2631 Aug 2026
- Record Date29 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates18 Aug 2026
- Transcript of the Earnings Call held on 11th August, 202618 Aug 2026
- Copy of Newspaper Publication12 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates11 Aug 2026
- Investor Presentation11 Aug 2026
- General Updates11 Aug 2026
- Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Company is going to participate in an investor ....10 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates10 Aug 2026
The 25 most recent of 184 filings we hold for WEBELSOLAR, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.