WEBSOL ENERGY SYSTEM LTD. Q2 FY26 Results

Summary

Websol Energy System Ltd, a leading manufacturer of high-efficiency solar cells and solar modules in India, has announced its unaudited financial results for the quarter and half year ended 30 September 2025. The company reported a revenue growth of 51.7% Y-o-Y for H1 FY26, with a EBITDA margin of 45.4% and a PAT margin of 28.9%. The company has also commissioned a new 600 MW Mono PERC solar cell line and has plans to expand its capacity to 5.2 GW of solar cells and 4.5 GW of modules by June 2028.

Key Highlights

1. 1

   Revenue from Operations at Rs. 387 Cr, up by 51.7% Y-o-Y

2. 2

   H1 FY26 EBITDA at Rs. 176 Cr, with a Margin of 45.4%

3. 3

   H1 FY26 PAT at Rs. 114 Cr (EPS of Rs. 26.9), with a Margin of 28.9%

4. 4

   Commenced production of additional 600 MW Mono PERC solar cell line

5. 5

   Planned total capacity addition of 4 GW solar cell line: Phase III of 2 GW by June 2027 and Phase IV of 2 GW by June 2028

6. 6

   Planned total capacity addition of 4 GW solar module line: Phase III of 2 GW by June 2027 and Phase IV of 2 GW by June 2028

7. 7

   Cash Flow from Operations of Rs. 132 Cr

8. 8

   Net Debt to Equity at 0.24x and Net Debt to EBITDA at 0.53x

9. 9

   ROCE at 34.5% and ROE at 33.9%