AGM/EGM22 Sept 2026, 06:20 pm
Websol crosses ₹1,000 Cr revenue in FY26; targets 5,350 MW capacity by 2028
AI Summary
Websol Energy System Ltd's Chairman and Executive Director delivered speeches at the 36th AGM, highlighting FY2026 as a transformative year. The company crossed ₹1,000 Crore revenue, funded its Phase 2 expansion through internal accruals, and recommended a dividend for the first time in a decade. Websol is upgrading to TOPCon technology and expanding into module manufacturing, with plans for backward integration into wafer production. By 2028, the company aims to scale manufacturing capacity to 5,350 MW of solar cells and 4,550 MW of solar modules, positioning itself as a major vertically integrated solar provider.
Key Highlights
- Achieved ₹1,000 Crore revenue in FY2026 through disciplined execution.
- Recommended dividend for the first time in a decade, reflecting strong cash flow.
- Phase 2 expansion funded by internal accruals, resulting in a net cash position.
- Upgrading production lines to TOPCon technology for higher efficiency panels.
- Targets 5,350 MW solar cells and 4,550 MW solar modules capacity by 2028.
Price Impact
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