Websol Energy System Ltd
Websol Energy System Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
What the Q4 FY26 call signalled
4 of 5 strong
The short version
Websol Energy System projects strong future growth supported by a healthy order book of INR 1,161 crores as of Q4 FY26, with a book-to-bill ratio of 1.02x, indicating stable visibility into near-term operations. FY26 saw strong financials with revenue growth of ~82%, EBITDA growth of ~70%, and PAT growth of ~96%.
From Websol Energy System Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Websol Energy System projects strong future growth supported by a healthy order book of INR 1,161 crores as of Q4 FY26, with a book-to-bill ratio of 1.02x, indicating stable visibility into near-term operations.
- Expansion plans include scaling up to 2 GW capacity by mid-CY28 with phased upgrades from Mono-PERC to TOPCon technology, aiming for higher efficiency and output.
- The company targets to achieve full commercial production of the Andhra Pradesh plant by June 2027, viewing the 1-year timeline as sufficient given prior groundwork.
- Demand drivers include government schemes like PM-KUSUM, ALMM-2 compliance (effective June 2026), and support from domestic content requirements, which bolster sales opportunities.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Websol Energy System Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Ongoing upgrade of one Mono-PERC cell line to TOPCon technology with a planned capex of around INR 250-270 crores, expected to increase capacity by 150 MW and improve efficiency to over 24.5%. Targeted commercial production by February 2027.
- Planned integrated 4 GW cell and module facility expansion on track, with the Andhra Pradesh plant expected to be operational by June 2027.
- Evaluation and technical discussions underway for backward integration into ingot and wafer manufacturing, targeting commissioning ahead of the ALMM List 3 deadline in June 2028. Capex for ingot/wafer facility still under evaluation.
- Funding strategy includes using current cash surplus for initial expenses and prudent debt raising to support quick expansion, keeping debt levels manageable.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Websol Energy System Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of Q4 FY26, Websol Energy System Limited's confirmed order book stands at INR 1,161 crores.
- The order book composition is approximately 60% modules and 40% cells.
- The book-to-bill ratio for the quarter is 1.02x, indicating strong visibility for upcoming quarters.
- The company has seen new confirmed orders of INR 412 crores recently.
- The order book is expected to be executed within one financial year.
2 more points management made on order book & pipeline
Websol Energy System Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹401 Cr, net profit ₹124 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Websol Energy System Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Websol Energy System Ltd Q4 FY26 results?
Websol Energy System projects strong future growth supported by a healthy order book of INR 1,161 crores as of Q4 FY26, with a book-to-bill ratio of 1.02x, indicating stable visibility into near-term operations. FY26 saw strong financials with revenue growth of ~82%, EBITDA growth of ~70%, and PAT growth of ~96%.
What is Websol Energy System Ltd share price analysis?
Websol Energy System Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 11.8 with a market cap of ₹3,695 Cr. Investors should review the full earnings analysis for detailed insights.
Is Websol Energy System Ltd planning capital expenditure?
Ongoing upgrade of one Mono-PERC cell line to TOPCon technology with a planned capex of around INR 250-270 crores, expected to increase capacity by 150 MW and improve efficiency to over 24.5%.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.