Websol Energy System Ltd, listed on the Bombay Stock Exchange and the National Stock Exchange (ticker: WEBELSOLAR), closed at ₹81.40 on January 30, 2026, down approximately 6% on the session.
Quarter & YTD Financials
Websol Energy System Ltd reported consolidated revenue from operations for the third quarter of fiscal year 2026 of ₹261.02 crore, up 77.2% from ₹147.31 crore in Q3 FY25. Net profit after tax for the quarter was ₹64.98 crore, a 56.3% increase compared with ₹41.56 crore in the year-ago period. EBITDA for the quarter was ₹106 crore, rising from ₹67.9 crore a year earlier, with margins for the period at 40.8%.
For the nine months ended December 31, 2025, the company’s revenue from operations stood at ₹648 crore, up about 61% year-on-year from ₹402 crore while profit after tax for the nine months reached ₹179 crore, a 67.7% increase.
Based on disclosed figures, capital efficiency metrics such as return on equity and margins demonstrate elevated returns compared with historical levels though underlying data show significant growth from a low base.
Company Snapshot
Websol Energy System Ltd manufactures photovoltaic (PV) monocrystalline solar cells and modules in India, supplying components for utility, commercial, industrial, and rooftop installations. The company operates a manufacturing facility at Falta Special Economic Zone in West Bengal.
Operational highlights in Q3 FY26 include improved utilization across its solar cell and module lines. The recently commissioned 600 MW Mono PERC cell line (Cell Line-2) at Falta began contributing to output volumes while the existing cell and module lines saw utilization gains over prior quarters.
In January 2026, the Government of Andhra Pradesh approved a 4 GW integrated solar cell and module manufacturing project including land allotment and fiscal incentives, to support future capacity expansion.
Solar Industry Context
India’s solar industry continues to record accelerated capacity additions driven by renewable energy targets and policy support. Domestic manufacturing of PV cells and modules has gained strategic importance under national energy plans to reduce import dependence and strengthen supply chains. Growth in installations across utility and distributed solar segments supports demand for locally manufactured components.
Long-term industry visibility is underpinned by government renewable energy targets and incentives for domestic manufacturing, reflected in policy frameworks promoting higher renewable capacity and solar manufacturing incentives.
Business Update
Manufacturing Facility: Websol’s Falta facility houses multiple cell and module lines. The commissioning of Cell Line-2 (600 MW Mono PERC) in September 2025 expanded overall cell capacity. Utilization of cell lines varied with the legacy line operating at higher output and the newer line continuing ramp-up.
Order Book: As of December 31, 2025, the company maintained an order book reported in excess of ₹1,150 crore, reflecting contracted demand for products.
Cell Line Update: The second cell line’s operational ramp-up contributed to the quarter’s revenue and profit growth with utilization improvements noted relative to earlier quarters.
Future Framework and Technology Initiatives: Websol continues to plan capacity expansions and integration projects, including the Andhra Pradesh 4 GW plan. Technology focus remains on high-efficiency solar cell production.
Performance Summary
Websol Energy System Ltd shares closed lower on January 30, 2026. The company reported consolidated Q3 FY26 revenue of ₹261 crore and net profit of ₹65 crore, with year-on-year increases in both metrics. Operational signals include utilization gains across key manufacturing lines and approval for additional capacity investments. The results and business developments were disclosed in unaudited financial results for the period ended December 31, 2025.