{"id":1264,"date":"2026-04-30T11:00:00","date_gmt":"2026-04-30T05:30:00","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1264"},"modified":"2026-04-30T11:06:31","modified_gmt":"2026-04-30T05:36:31","slug":"websol-energy-q4-results-2026-profit-jumps-158-as-revenue-doubles-on-solar-growth","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/websol-energy-q4-results-2026-profit-jumps-158-as-revenue-doubles-on-solar-growth\/","title":{"rendered":"Websol Energy Q4 Results 2026: Profit Jumps 158% as Revenue Doubles on Solar Growth"},"content":{"rendered":"\n

Websol Energy System Limited<\/a> reported a strong turnaround in its Q4 results 2026, with revenue and profit more than doubling year-on-year, driven by capacity expansion and improved operational efficiency.<\/p>\n\n\n\n

For the March quarter, revenue rose sharply to \u20b9401 crore, marking a 132.1% increase compared to the same period last year. EBITDA climbed 86.4% to \u20b9146 crore, while profit after tax surged 157.9% to \u20b9125 crore. The company also maintained healthy profitability, with gross margins at 52.7%, EBITDA margins at 36.4%, and PAT margins at 30.8%.<\/p>\n\n\n\n

The robust quarterly performance capped a record year for the company. For FY26, revenue from operations stood at \u20b91,049 crore, up 82.4% year-on-year, while EBITDA reached \u20b9429 crore, growing 69.6%. Net profit jumped 195.8% to \u20b9303 crore, with earnings per share at \u20b96.98. Net worth more than doubled to \u20b9631 crore, reflecting stronger financial stability.<\/p>\n\n\n\n

Operationally, Websol significantly scaled up its manufacturing capabilities. Total solar cell capacity doubled to around 1.2 GW after commissioning a second production line in September 2025. During Q4 results 2026, solar cell utilization reached 92%, while module utilization stood at 74%, indicating strong demand visibility. The company\u2019s order book remained solid at \u20b91,161 crore, split between 60% modules and 40% cells.<\/p>\n\n\n\n

Efficiency improvements also played a key role in margin expansion. Websol reduced silver consumption by 25% and achieved an average cell efficiency of 23.3%, positioning itself competitively in the fast-evolving solar manufacturing space.<\/p>\n\n\n\n

The balance sheet saw notable strengthening, with the company moving into a net cash surplus position of \u20b934 crore compared to net debt of \u20b965 crore a year ago. The debt-to-equity ratio improved to 0.19x, while return on equity and return on capital employed stood at 66.7% and 65.7%, respectively. It also secured a CRISIL BBB+ stable rating, underlining improved creditworthiness.<\/p>\n\n\n\n

Looking ahead, Websol is focusing on technology upgrades and expansion. It plans to transition its Mono-PERC line to TOPCon technology and is working on a 4 GW integrated facility along with an ingot-wafer plant to reduce import dependency.<\/p>\n\n\n\n

The strong Q4 results 2026 highlight Websol\u2019s strategic shift toward scale, efficiency, and advanced technology, positioning it to benefit from India\u2019s growing solar demand.<\/p>\n\n\n\n

<\/i><\/span>Websol Energy Q4 results 2026 \u2013 Key Financial Highlights <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>FY26<\/th>YoY Growth<\/th><\/tr><\/thead>
Revenue from Operations<\/td>\u20b91,049 Cr<\/td>+82.4%<\/td><\/tr>
EBITDA<\/td>\u20b9429 Cr<\/td>+69.6%<\/td><\/tr>
Profit After Tax (PAT)<\/td>\u20b9303 Cr<\/td>+195.8%<\/td><\/tr>
Earnings Per Share (EPS)<\/td>\u20b96.98<\/td>\u2014<\/td><\/tr>
Net Worth<\/td>\u20b9631 Cr<\/td>\u2191 from \u20b9278 Cr<\/td><\/tr>
Cash Flow from Operations<\/td>\u20b9255 Cr<\/td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Q4 Results 2026 Performance (YoY) <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>Q4 FY26<\/th>YoY Growth<\/th><\/tr><\/thead>
Revenue<\/td>\u20b9401 Cr<\/td>+132.1%<\/td><\/tr>
EBITDA<\/td>\u20b9146 Cr<\/td>+86.4%<\/td><\/tr>
PAT<\/td>\u20b9125 Cr<\/td>+157.9%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Profitability Margins (Q4 FY26) <\/h2>
<\/div><\/div>\n\n\n\n
Margin Type<\/th>Value<\/th><\/tr><\/thead>
Gross Margin<\/td>52.7%<\/td><\/tr>
EBITDA Margin<\/td>36.4%<\/td><\/tr>
PAT Margin<\/td>30.8%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Operational Metrics <\/h2>
<\/div><\/div>\n\n\n\n
Parameter<\/th>Value<\/th><\/tr><\/thead>
Total Cell Capacity<\/td>~1.2 GW<\/td><\/tr>
Solar Cell Utilization<\/td>92%<\/td><\/tr>
Solar Module Utilization<\/td>74%<\/td><\/tr>
Order Book<\/td>\u20b91,161 Cr<\/td><\/tr>
Order Mix<\/td>60% Modules \/ 40% Cells<\/td><\/tr>
Avg. Cell Efficiency<\/td>23.3%<\/td><\/tr>
Silver Consumption Reduction<\/td>25%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Balance Sheet Strength <\/h2>
<\/div><\/div>\n\n\n\n
Metric<\/th>FY26<\/th>FY25<\/th><\/tr><\/thead>
Net Debt \/ (Cash)<\/td>-\u20b934 Cr (Cash Surplus)<\/td>\u20b965 Cr Debt<\/td><\/tr>
Debt-to-Equity Ratio<\/td>0.19x<\/td>0.55x<\/td><\/tr>
Return on Equity (ROE)<\/td>66.7%<\/td>\u2014<\/td><\/tr>
Return on Capital Employed (ROCE)<\/td>65.7%<\/td>\u2014<\/td><\/tr>
Credit Rating<\/td>CRISIL BBB+ (Stable)<\/td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

<\/i><\/span>Future Growth & Expansion Plans <\/h2>
<\/div><\/div>\n\n\n\n
Initiative<\/th>Details<\/th><\/tr><\/thead>
Technology Upgrade<\/td>Mono-PERC \u2192 TOPCon<\/td><\/tr>
Brownfield Expansion<\/td>Upgrade existing 600 MW line<\/td><\/tr>
Greenfield Projects<\/td>4 GW integrated cell & module facility<\/td><\/tr>
Backward Integration<\/td>Ingot-wafer plant planned<\/td><\/tr>
Target Capacity (2028)<\/td>5.35 GW Cells \/ 4.5 GW Modules<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/5fbe715b-f979-49af-8091-38b7fb4694dd.pdf<\/a><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Websol Energy System Limited reported a strong turnaround in its Q4 results 2026, with revenue…<\/p>\n","protected":false},"author":2,"featured_media":1265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[264,279],"class_list":["post-1264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial-manufacturing","tag-q4-results-2026","tag-webelsolar"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1264"}],"version-history":[{"count":2,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1264\/revisions"}],"predecessor-version":[{"id":1267,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1264\/revisions\/1267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1265"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}