Websol Energy System Limited (IN:WEBELSOLAR)
:WEBELSOLAR
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Websol Energy System Limited
(WEBELSOLAR)
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Rating:65Neutral
Price Target:
₹80.00
▼(-14.89% Downside)
Action:ReiteratedDate:03/21/26
The score is driven mainly by improving financial performance—profitability has strengthened and cash generation has turned positive—offset by weaker technicals (negative MACD and trading below longer-term moving averages). Valuation is reasonable on P/E, but the lack of dividend yield data limits additional support.
Positive Factors
Strong Revenue Growth
A ~92% reported revenue growth indicates sustained expansion in product demand and successful order capture. Over 2–6 months this supports scale advantages, better absorption of fixed costs, and stronger bargaining leverage with suppliers and customers, underpinning durable top-line momentum.
Negative Factors
Rising Liabilities
A stable equity base and favorable leverage coexist with rising liabilities. If liabilities continue to grow faster than cash generation, it could strain liquidity, increase interest or covenant risk, and limit strategic flexibility over the next several quarters unless cash flow improvements persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
A ~92% reported revenue growth indicates sustained expansion in product demand and successful order capture. Over 2–6 months this supports scale advantages, better absorption of fixed costs, and stronger bargaining leverage with suppliers and customers, underpinning durable top-line momentum.
Read all positive factors
Websol Energy System Limited (WEBELSOLAR) vs. iShares MSCI India ETF (INDA)
Market Cap
₹31.53B
Dividend YieldN/A
Average Volume (3M)23.01K
Price to Earnings (P/E)14.6
Beta (1Y)1.21
Revenue Growth152.12%
EPS GrowthN/A
CountryIN
Employees190
SectorEnergy
Sector Strength52
IndustrySolar
Share Statistics
EPS (TTM)1.50
Shares Outstanding422,063,480
10 Day Avg. Volume34,135
30 Day Avg. Volume23,006
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.93
Price to Sales (P/S)0.93
P/FCF Ratio4.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)5.83
Revenue Forecast (FY)₹10.28B
Websol Energy System Limited Business Overview & Revenue Model
Company Description
Websol Energy System Limited manufactures and sells photovoltaic (PV) crystalline solar cells and related modules in India. Its modules are used in various sectors, such as solar PV power plants, remote communication, and rural electrification. Th...
How the Company Makes Money
Websol Energy System Limited primarily makes money by selling solar photovoltaic (PV) products—mainly PV cells and PV modules—to customers in the solar power value chain. Its core revenue stream is product sales, where revenue is recognized from m...
Websol Energy System Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.07B | 5.75B | 258.59M | 172.20M | 2.13B | 1.54B |
| Gross Profit | 4.55B | 3.57B | -304.07M | 30.00M | 443.04M | 244.02M |
| EBITDA | 3.28B | 2.53B | -1.12B | -123.86M | 321.26M | 893.38M |
| Net Income | 2.03B | 1.55B | -1.21B | -236.70M | 96.70M | 493.88M |
Balance Sheet | ||||||
| Total Assets | 7.09B | 5.14B | 3.53B | 2.67B | 2.86B | 2.84B |
| Cash, Cash Equivalents and Short-Term Investments | 538.00M | 869.20M | 9.28M | 855.00K | 37.70M | 16.55M |
| Total Debt | 1.59B | 1.53B | 1.84B | 280.01M | 364.75M | 352.10M |
| Total Liabilities | 3.17B | 2.36B | 2.45B | 757.80M | 943.10M | 918.48M |
| Stockholders Equity | 3.91B | 2.78B | 1.08B | 1.91B | 1.92B | 1.92B |
Cash Flow | ||||||
| Free Cash Flow | -264.60M | 1.24B | -1.89B | -141.80M | -39.37M | 334.52M |
| Operating Cash Flow | 1.32B | 1.67B | 349.40M | -84.20M | -29.61M | 339.42M |
| Investing Cash Flow | -1.62B | -859.10M | -2.23B | -57.60M | -9.75M | 19.52M |
| Financing Cash Flow | -142.30M | -345.50M | 1.89B | 104.90M | 60.51M | -347.58M |
Websol Energy System Limited Technical Analysis
Neutral
94.00
Price Trends
68.26
Positive
86.12
Negative
107.69
Negative
Market Momentum
1.72
Negative
65.70
Neutral
87.87
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WEBELSOLAR, the sentiment is Neutral. The current price of 94 is above the 20-day moving average (MA) of 59.85, above the 50-day MA of 68.26, and below the 200-day MA of 107.69, indicating a neutral trend. The MACD of 1.72 indicates Negative momentum. The RSI at 65.70 is Neutral, neither overbought nor oversold. The STOCH value of 87.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:WEBELSOLAR.
Websol Energy System Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹138.43B | 48.62 | ― | 0.23% | 40.14% | 53.51% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | ₹31.53B | 14.56 | ― | ― | 152.12% | ― | |
49 Neutral | ₹56.91B | 18.86 | ― | ― | 7.68% | -114.23% | |
43 Neutral | ₹39.01B | -446.21 | ― | ― | 112.24% | -474.43% |
* Energy Sector Average
IN:WEBELSOLAR
Websol Energy System Limited
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-37.51%
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Websol Energy System Limited Corporate Events
Websol Energy Shares Investor Presentation with Analysts and Institutions
Feb 10, 2026
Websol Energy System Limited has circulated an investor presentation ahead of an analyst and institutional investor meeting scheduled for 10 February 2026. The move signals the company’s ongoing engagement with capital markets and its effort...
Websol Energy to Engage Investors at Systematix MANTHAN Conference on February 10
Feb 4, 2026
Websol Energy System Limited has announced that its officials will participate in Systematix India’s annual flagship conference, MANTHAN, on February 10, 2026, engaging in both one-on-one and group physical meetings with analysts and institu...
Websol Energy Posts Strong Q3, Secures 4 GW Solar Project in Andhra Pradesh
Jan 29, 2026
Websol Energy System Limited reported a strong set of unaudited results for the quarter and nine months ended 31 December 2025, with nine-month revenue from operations rising 61% year-on-year to ₹648 crore, EBITDA increasing to ₹282 cr...
Websol Energy Unveils Q3 FY26 Earnings Presentation for Investors
Jan 29, 2026
Websol Energy System Limited has released an earnings presentation covering its unaudited financial results for the third quarter and nine months ended 31 December 2025, and submitted the document to both the National Stock Exchange of India and B...
Websol Energy Schedules Q3 and 9M FY26 Earnings Call on 30 January
Jan 27, 2026
Websol Energy System Limited has announced that it will host an earnings conference call for investors and analysts on Friday, 30 January 2026, at 4:00 pm IST to discuss its unaudited financial results for the third quarter and nine months ended 3...
Websol Wins Andhra Pradesh Nod for 4 GW Solar Cell and Module Plant
Jan 11, 2026
Websol Energy System Limited has received approval from the Government of Andhra Pradesh for a greenfield 4 GW solar cell and 4 GW solar module manufacturing plant at MPSEZ, Naidupeta in Tirupati district, strengthening its presence in India’...
Websol Energy Gets CRISIL BBB+/Stable Rating on ₹150 Crore Credit Facilities
Jan 1, 2026
Websol Energy System Limited has announced that CRISIL Ratings has assigned a BBB+/Stable rating to its credit facilities, covering a Rs 15 crore cash credit line and a Rs 135 crore term loan. The rating underscores a moderate degree of creditwort...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.