Websol Q1 FY27: Revenue up 70% YoY, debt repaid, TOPCon upgrade begins
WEBELSOLAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Websol Q1 FY27: revenue up 70% YoY at INR373 cr. Cell use at 92% (259 MW), modules at 81% (103 MW). EBITDA up 21% to INR126 cr, PAT up 16% to INR78 cr, but margin fell to 34% from 47% as module share rose. Repaid INR110 cr IREDA loan from accruals; promoter pledge dropping from 80% to 16%. TOPCon upgrade of 750 MW line at INR270 cr cost, completing by March 2027. Planned 4 GW expansion shifted from Andhra Pradesh to West Bengal. Order book at INR1,278 cr.
Positive: debt-free status, pledge release, INR1,278 cr order book, planned 4 GW expansion. Concerns remain on margin drop from 47% to 34% and weak valuations versus peers.