Websol Energy H1 PAT Soars 75% to Rs 114 Cr; EBITDA Margin at 45%
POWER & RENEWABLE ENERGY

Websol Energy H1 PAT Soars 75% to Rs 114 Cr; EBITDA Margin at 45%

Websol Energy System Limited, a leading Indian manufacturer of high-efficiency solar cells and modules, has reported strong financial results for the half year ended September 30, 2025. The company’s H1 FY26 profit after tax (PAT) surged 75 per cent year-on-year to Rs 1.14 billion, translating to an EPS of Rs 26.9, with a healthy PAT margin of 29.3 per cent.
EBITDA stood at Rs 1.76 billion, up 65 per cent YoY, with a robust margin of 45.4 per cent. Revenue from operations rose 52 per cent YoY to Rs 3.87 billion, despite a one-time eight-day production shutdown in Q2 due to electrical integration of its newly commissioned 600 MW Mono PERC solar cell line at Falta, West Bengal, and a temporary logistics slowdown during the festive season.
The company generated Rs 1.32 billion in operating cash flow, maintained net debt at Rs 108.5 crore, and recorded strong returns with ROCE at 34.5 per cent and ROE at 33.9 per cent.
Websol commissioned its Phase II 600 MW Mono PERC solar cell line in September 2025, taking its total cell capacity to 1.2 GW. Production has already achieved efficiency levels above 23 per cent within a month of commissioning. The expansion was entirely funded through internal accruals, demonstrating financial prudence and operational efficiency.
The Board has approved a Rs 30 billion investment plan to expand total manufacturing capacity to 5.2 GW of solar cells and 4.5 GW of modules by June 2028, incorporating next-generation Topcon solar technology. The plan will be executed in two phases — 2 GW each of cell and module capacity by June 2027, followed by another 2 GW each by June 2028.
Commenting on the results, Sohan Lal Agarwal, Managing Director, Websol Energy System Limited,  said, “We continue to strengthen our position as one of India’s leading high-efficiency solar manufacturers. Our new capacity and technology investments will enhance competitiveness, meet evolving customer needs, and align with India’s clean energy ambitions. The Rs 30 billion expansion marks the beginning of an exciting new phase in Websol’s growth journey.”
Websol remains well-positioned to leverage India’s renewable energy transition, supported by policy tailwinds and growing demand for advanced solar products.

Websol Energy System Limited, a leading Indian manufacturer of high-efficiency solar cells and modules, has reported strong financial results for the half year ended September 30, 2025. The company’s H1 FY26 profit after tax (PAT) surged 75 per cent year-on-year to Rs 1.14 billion, translating to an EPS of Rs 26.9, with a healthy PAT margin of 29.3 per cent.EBITDA stood at Rs 1.76 billion, up 65 per cent YoY, with a robust margin of 45.4 per cent. Revenue from operations rose 52 per cent YoY to Rs 3.87 billion, despite a one-time eight-day production shutdown in Q2 due to electrical integration of its newly commissioned 600 MW Mono PERC solar cell line at Falta, West Bengal, and a temporary logistics slowdown during the festive season.The company generated Rs 1.32 billion in operating cash flow, maintained net debt at Rs 108.5 crore, and recorded strong returns with ROCE at 34.5 per cent and ROE at 33.9 per cent.Websol commissioned its Phase II 600 MW Mono PERC solar cell line in September 2025, taking its total cell capacity to 1.2 GW. Production has already achieved efficiency levels above 23 per cent within a month of commissioning. The expansion was entirely funded through internal accruals, demonstrating financial prudence and operational efficiency.The Board has approved a Rs 30 billion investment plan to expand total manufacturing capacity to 5.2 GW of solar cells and 4.5 GW of modules by June 2028, incorporating next-generation Topcon solar technology. The plan will be executed in two phases — 2 GW each of cell and module capacity by June 2027, followed by another 2 GW each by June 2028.Commenting on the results, Sohan Lal Agarwal, Managing Director, Websol Energy System Limited,  said, “We continue to strengthen our position as one of India’s leading high-efficiency solar manufacturers. Our new capacity and technology investments will enhance competitiveness, meet evolving customer needs, and align with India’s clean energy ambitions. The Rs 30 billion expansion marks the beginning of an exciting new phase in Websol’s growth journey.”Websol remains well-positioned to leverage India’s renewable energy transition, supported by policy tailwinds and growing demand for advanced solar products.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code