Websol Energy System Limited announced impressive financial results for the first half of the fiscal year 2026, reporting a 51.7% increase in revenue, reaching ₹387 crore compared to ₹255 crore in the same period last year. The company's EBITDA for H1 FY26 stood at ₹176 crore, resulting in a robust margin of 45.4%. The profit after tax (PAT) was reported at ₹114 crore, with an earnings per share (EPS) of ₹26.9, reflecting a PAT margin of 28.9%. The significant growth was achieved despite a temporary shutdown for electrical integration of a new 600 MW cell line and logistical challenges during the festive season in West Bengal.
For the second quarter of FY26, Websol recorded revenues of ₹168 crore, with an EBITDA margin of 43.0% and a PAT margin of 27.0%. The company has recently commissioned its new 600 MW Mono PERC solar cell line in September 2025, which is already achieving efficiency levels exceeding 23%. This expansion was financed entirely through internal accruals, showcasing Websol's commitment to sustainable growth. In addition to this, the management has approved an ambitious investment plan of ₹3,000 crore aimed at enhancing manufacturing capacity to 5.2 GW of solar cells and 4.5 GW of modules by June 2028.
Websol continues to strengthen its market position in the solar manufacturing sector, leveraging advanced technology and operational efficiencies. The company is also poised to implement a 1:10 stock split effective from November 14, 2025, to enhance shareholder participation. With a strategic focus on research and development, automation, and meeting the evolving demands of the renewable energy market, Websol is well-positioned to capitalize on India's growing clean energy ambitions. As the company aims for long-term leadership in the solar industry, its commitment to delivering high-performance solutions remains steadfast, promising lasting value for stakeholders.