Websol Energy System Limited — Quarter ended 31 March 2026 and year ended 31 March 2026
Optional commentary: Financials are presented in Rs. in Crore.
| PARTICULARS | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| I. Revenue from Operations | 401.45 | 261.02 | 172.99 | 1,049.44 | 575.46 |
| II. Other Income | 2.93 | 1.47 | 1.06 | 9.87 | 1.97 |
| III. Total Income (I + II) | 404.38 | 262.49 | 174.05 | 1,059.31 | 577.43 |
| IV. Expenses | |||||
| (a) Cost of Materials Consumed | 179.01 | 147.05 | 49.95 | 470.33 | 179.32 |
| (b) Changes in inventories of finished goods and work-in-progress | 11.03 | (42.38) | (0.65) | (58.45) | (1.85) |
| (c) Employee Benefits Expenses | 13.84 | 9.77 | 5.51 | 36.22 | 17.46 |
| (d) Finance Costs | 3.50 | 3.67 | 3.79 | 15.99 | 19.27 |
| (e) Depreciation and Amortisation expenses (Refer Note 9) | 23.84 | 16.14 | 9.86 | 61.57 | 40.90 |
| (f) Other Expenses | 51.25 | 40.13 | 39.70 | 172.80 | 127.86 |
| Total Expenses | 282.47 | 174.38 | 108.16 | 698.46 | 382.96 |
| V. Profit before exceptional items and tax (III – IV) | 121.91 | 88.11 | 65.89 | 360.85 | 194.47 |
| VI. Exceptional items (charge)/ (credit) (Refer Note 8) | (2.76) | 4.11 | – | 1.35 | – |
| VII. Profit before tax (V – VI) | 124.67 | 84.00 | 65.89 | 359.50 | 194.47 |
| VIII. Tax Expenses | |||||
| (a) Current Tax (Refer Note 7) | (2.12) | 16.08 | – | 32.37 | – |
| (b) Deferred Tax | 2.28 | 2.94 | 17.62 | 24.12 | 39.73 |
| IX. Profit for the period (VII – VIII) | 124.51 | 64.98 | 48.27 | 303.01 | 154.74 |
| X. Other Comprehensive Income / (Loss) | |||||
| Items that will not be reclassified to Profit or Loss | |||||
| – Remeasurements of defined benefit plan | 1.93 | 0.34 | (0.25) | 2.05 | (0.44) |
| – Income tax relating to above item | (0.49) | (0.09) | 0.11 | (0.52) | 0.11 |
| Other comprehensive income / (loss) (net of tax) | 1.44 | 0.25 | (0.14) | 1.53 | (0.33) |
| Total Comprehensive income (Net of tax) (IX + X) | 125.95 | 65.23 | 48.13 | 304.54 | 154.41 |
| XI. Paid-up Equity Share Capital of Re. 1/- each (Refer Note 5 and 10) | 43.42 | 42.21 | 42.21 | 43.42 | 42.21 |
| Other Equity | NA | NA | NA | 587.29 | 235.84 |
| XII. Earning per Share (face value Re. 1/- per share) (not annualised except for the year ended 31st March, 2026 and 31st March, 2025): | |||||
| a) Basic (Rs.) | 2.75 | 1.54 | 1.14 | 6.98 | 3.67 |
| b) Diluted (Rs.) | 2.82 | 1.52 | 1.12 | 6.98 | 3.62 |
| Sl. No. | Particulars | As at 31st March, 2026 (Audited) | As at 31st March, 2025 (Audited) |
|---|---|---|---|
| I. ASSETS | |||
| (1) Non – current assets | |||
| (a) Property, plant and equipment | 446.35 | 283.26 | |
| (b) Capital work in progress | 0.06 | 17.06 | |
| (c) Right of use assets | 11.89 | 1.13 | |
| (d) Intangible assets | 0.48 | 0.52 | |
| (e) Financial assets | |||
| (i) Investments | 0.15 | 5.00 | |
| (ii) Other financial assets | 12.25 | 3.06 | |
| (f) Other non-current assets | 9.06 | 40.28 | |
| Total Non – current assets | 480.24 | 350.31 | |
| (2) Current assets | |||
| (a) Inventories | 159.86 | 34.27 | |
| (b) Financial assets | |||
| (i) Investments | 52.23 | – | |
| (ii) Trade receivables | 93.04 | 4.56 | |
| (iii) Cash and cash equivalents | 66.20 | 47.73 | |
| (iv) Bank balances other than (iii) above | 33.89 | 39.19 | |
| (v) Loans receivable | 15.10 | – | |
| (vi) Other financial assets | 1.81 | 0.39 | |
| (c) Current tax assets (net) | 2.49 | 1.89 | |
| (d) Other current assets | 25.49 | 36.14 | |
| Total Current assets | 450.11 | 164.17 | |
| Total Assets | 930.35 | 514.48 | |
| II. EQUITY AND LIABILITIES | |||
| (1) Equity | |||
| (a) Equity share capital | 43.42 | 42.21 | |
| (b) Other equity | 587.29 | 235.84 | |
| Total Equity | 630.71 | 278.05 | |
| (2) Liabilities | |||
| Non – current liabilities | |||
| (a) Financial liabilities | |||
| (i) Borrowings | 85.35 | 123.04 | |
| (ii) Lease liabilities | 10.76 | 0.84 | |
| (b) Provisions | 2.41 | 2.49 | |
| (c) Deferred tax liabilities (net) | 48.84 | 24.20 | |
| Total Non – current liabilities | 147.36 | 150.57 | |
| (3) Current liabilities | |||
| (a) Financial liabilities | |||
| (i) Borrowings | 32.62 | 29.17 | |
| (ii) Lease liabilities | 2.01 | 0.32 | |
| (iii) Trade and other payables | |||
| Total outstanding dues of micro and small enterprises | 0.95 | – | |
| Total outstanding dues of creditors other than micro and small enterprises | 70.48 | 32.12 | |
| (iv) Other financial liabilities | 10.48 | 3.03 | |
| (b) Other current liabilities | 25.62 | 13.22 | |
| (c) Provisions | 4.31 | 8.00 | |
| (d) Current tax liabilities (net) | 5.81 | – | |
| Total Current liabilities | 152.28 | 85.86 | |
| Total Equity and Liabilities | 930.35 | 514.48 |
| Sl. No. | Particulars | Year Ended 31st March, 2026 (Audited) | Year Ended 31st March, 2025 (Audited) |
|---|---|---|---|
| A | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit before tax | 359.50 | 194.47 | |
| Adjustments for: | |||
| – Depreciation and amortization expenses | 61.57 | 40.90 | |
| – Finance costs | 15.99 | 19.27 | |
| – Interest income | (3.57) | (1.31) | |
| – Sundry balances written back | (4.22) | (0.42) | |
| – Loss on fair valuation/ sale of investments | 0.00 | – | |
| – Loss/ Profit on sale/ discard of property, plant and equipment – Net | 4.74 | 0.13 | |
| – Provision for contingency written back | (7.50) | – | |
| – Sundry balances written off | 0.17 | 0.83 | |
| – Exchange fluctuation (income)/ loss | (1.28) | 0.34 | |
| – Allowance for impairment of receivables – Net | 0.74 | – | |
| Operating Profit before working capital changes | 426.14 | 254.23 | |
| Increase/ (Decrease) in trade payables | 44.81 | (16.86) | |
| Increase in provisions | 5.78 | 7.50 | |
| Increase in lease liabilities | – | 1.07 | |
| (Increase) in trade receivables | (89.39) | (4.64) | |
| Increase in other liabilities | 12.40 | 5.77 | |
| Increase in other financial liabilities | 7.45 | 0.66 | |
| (Increase) in other financial assets | (10.00) | (0.17) | |
| (Increase)/ Decrease in other assets | 10.26 | (63.85) | |
| (Increase) in inventories | (125.59) | (14.96) | |
| Cash generated from operations | 281.86 | 168.75 | |
| Income tax paid | (27.16) | (1.49) | |
| Net cash inflow from operating activities | 254.70 | 167.26 | |
| B | CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of property, plant and equipment and capital work in progress | (179.19) | (42.87) | |
| Sale of property, plant and equipment | – | 0.20 | |
| Purchase of intangible assets | (0.06) | (0.36) | |
| Purchase of investments | (84.15) | (5.00) | |
| Proceeds from sale/ redemption of investments | 36.77 | – | |
| Inter-corporate deposits placed | (16.10) | – | |
| Inter-corporate deposits redeemed | 1.00 | – | |
| Interest received | 2.96 | – | |
| Proceeds from maturity of fixed deposits with banks | 42.18 | – | |
| Investment in fixed deposits with banks | (36.88) | (37.88) | |
| Net cash (used in) investing activities | (233.47) | (85.91) | |
| C | CASH FLOW FROM FINANCING ACTIVITIES | ||
| Repayment of long term borrowings | (34.24) | (39.41) | |
| Proceeds from share warrants | – | 16.03 | |
| Proceeds from issue of equity shares | 48.10 | – | |
| (Repayment)/ Proceeds from short term borrowings (net) | 0.00 | 8.10 | |
| Interest paid | (14.69) | (19.27) | |
| Payment of lease liabilities | (1.93) | – | |
| Net cash (used in) financing activities | (2.76) | (34.55) | |
| Net Cash Inflow (A+B+C) | 18.47 | 46.80 | |
| Cash and cash equivalents at beginning of the year | 47.73 | 0.93 | |
| Cash and cash equivalents at end of the year | 66.20 | 47.73 |
| PARTICULARS | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| I. Revenue from Operations | 401.45 | 261.02 | 172.99 | 1,049.44 | 575.46 |
| II. Other Income | 2.93 | 1.47 | 1.06 | 9.87 | 1.97 |
| III. Total Income (I + II) | 404.38 | 262.49 | 174.05 | 1,059.31 | 577.43 |
| IV. Expenses | |||||
| (a) Cost of Materials Consumed | 179.01 | 147.05 | 49.95 | 470.33 | 179.32 |
| (b) Changes in inventories of finished goods and work-in-progress | 11.03 | (42.38) | (0.65) | (58.45) | (1.85) |
| (c) Employee Benefits Expenses | 13.84 | 9.77 | 5.51 | 36.22 | 17.46 |
| (d) Finance Costs | 3.50 | 3.67 | 3.79 | 15.99 | 19.27 |
| (e) Depreciation and Amortisation expenses (Refer Note 9) | 23.84 | 16.14 | 9.86 | 61.57 | 40.90 |
| (f) Other Expenses | 51.26 | 40.13 | 39.70 | 172.81 | 127.86 |
| Total Expenses | 282.48 | 174.38 | 108.16 | 698.47 | 382.96 |
| V. Profit before exceptional items and tax (III – IV) | 121.90 | 88.11 | 65.89 | 360.84 | 194.47 |
| VI. Exceptional items (charge)/ credit (Refer Note 8) | (2.76) | 4.11 | – | – | 1.35 |
| VII. Profit before tax (V – VI) | 124.66 | 84.00 | 65.89 | 359.49 | 194.47 |
| VIII. Tax Expenses | |||||
| (a) Current Tax (Refer Note 7) | (2.12) | 16.08 | – | 32.37 | – |
| (b) Deferred Tax | 2.28 | 2.94 | 17.62 | 24.12 | 39.73 |
| IX. Profit for the period (VII – VIII) | 124.50 | 64.98 | 48.27 | 303.00 | 154.74 |
| X. Other Comprehensive Income/ (Loss) | |||||
| Items that will not be reclassified to Profit or Loss: | |||||
| – Remeasurements of defined benefit plan | 1.93 | 0.34 | (0.25) | 2.05 | (0.44) |
| – Income tax relating to above item | (0.49) | (0.09) | 0.11 | (0.52) | 0.11 |
| Other comprehensive income/ (loss) (net of tax) | 1.44 | 0.25 | (0.14) | 1.53 | (0.33) |
| Total comprehensive income (Net of tax) (IX + X) | 125.94 | 65.23 | 48.13 | 304.53 | 154.41 |
| Net Profit attributable to: Owner of the Company | 124.50 | 64.98 | 48.27 | 303.00 | 154.74 |
| Net Profit attributable to: Non-controlling interest | – | – | – | – | – |
| Other comprehensive income / (loss) attributable to: Owner of the Company | 1.44 |