Websol Energy System Ltd
Websol Energy System Limited is engaged in the business of manufacturing photovoltaic crystalline solar cells and related modules in India. [1]
- Market Cap ₹ 5,184 Cr.
- Current Price ₹ 1,194
- High / Low ₹ 1,891 / 450
- Stock P/E 104
- Book Value ₹ 43.4
- Dividend Yield 0.00 %
- ROCE -14.3 %
- ROE -6.40 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 27.5 times its book value
- The company has delivered a poor sales growth of -17.7% over past five years.
- Promoter holding is low: 27.7%
- Company has a low return on equity of -4.19% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 93.0% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of Nifty Microcap 250 Nifty Total Market
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 9m | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
114 | 305 | 356 | 280 | 296 | 183 | 69 | 196 | 154 | 213 | 17 | 26 | 427 | |
123 | 291 | 351 | 271 | 267 | 167 | 93 | 193 | 120 | 187 | 30 | 27 | 256 | |
Operating Profit | -9 | 14 | 5 | 9 | 29 | 17 | -25 | 3 | 34 | 26 | -13 | -1 | 171 |
OPM % | -8% | 5% | 1% | 3% | 10% | 9% | -36% | 1% | 22% | 12% | -74% | -5% | 40% |
25 | -39 | -39 | -1 | 70 | 11 | 17 | 4 | 60 | 6 | 1 | -110 | -3 | |
Interest | 19 | 31 | 2 | 1 | 5 | 9 | 6 | 6 | 9 | 3 | 4 | 5 | 20 |
Depreciation | 13 | 18 | 16 | 15 | 15 | 14 | 15 | 15 | 15 | 15 | 15 | 36 | 55 |
Profit before tax | -16 | -74 | -52 | -9 | 79 | 5 | -29 | -15 | 69 | 14 | -32 | -153 | 92 |
Tax % | 0% | 0% | 1% | 14% | 0% | 0% | 0% | -127% | 29% | 30% | -25% | -21% | |
-16 | -74 | -52 | -10 | 79 | 5 | -29 | 4 | 49 | 10 | -24 | -121 | 48 | |
EPS in Rs | -7.24 | -33.84 | -23.83 | -4.49 | 35.83 | 1.79 | -9.97 | 1.34 | 15.86 | 2.64 | -6.11 | -28.66 | 10.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -22% |
5 Years: | -18% |
3 Years: | -45% |
TTM: | 38748% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 11% |
3 Years: | % |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | 49% |
5 Years: | 149% |
3 Years: | 131% |
1 Year: | 146% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | -4% |
Last Year: | -6% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 22 | 22 | 22 | 22 | 22 | 27 | 29 | 31 | 31 | 37 | 39 | 42 | 42 |
Reserves | -90 | -164 | -217 | -227 | 36 | 74 | 95 | 94 | 143 | 155 | 152 | 66 | 146 |
428 | 389 | 382 | 352 | 84 | 81 | 76 | 78 | 35 | 36 | 28 | 184 | 159 | |
171 | 383 | 400 | 306 | 175 | 187 | 152 | 109 | 75 | 58 | 48 | 61 | 58 | |
Total Liabilities | 530 | 629 | 587 | 453 | 317 | 369 | 352 | 311 | 284 | 286 | 267 | 353 | 406 |
339 | 322 | 280 | 266 | 283 | 304 | 287 | 254 | 239 | 225 | 210 | 270 | 304 | |
CWIP | 1 | 12 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 30 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
191 | 296 | 307 | 187 | 34 | 65 | 64 | 56 | 45 | 61 | 51 | 53 | 97 | |
Total Assets | 530 | 629 | 587 | 453 | 317 | 369 | 352 | 311 | 284 | 286 | 267 | 353 | 406 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | -56 | -13 | 30 | 142 | 10 | 5 | 1 | 36 | -3 | -8 | 35 | |
-2 | -14 | -4 | -0 | 28 | -1 | 6 | 13 | -0 | -1 | -6 | -223 | |
-0 | 63 | 15 | -30 | -168 | -12 | -11 | -14 | -35 | 6 | 10 | 189 | |
Net Cash Flow | -6 | -7 | -1 | -1 | 2 | -3 | 0 | 0 | 1 | 2 | -4 | 1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 230 | 210 | 162 | 94 | 2 | 42 | 51 | 33 | 47 | 46 | 37 | 11 |
Inventory Days | 143 | 55 | 61 | 33 | 7 | 51 | 216 | 29 | 70 | 56 | 544 | 525 |
Days Payable | 381 | 328 | 283 | 250 | 64 | 172 | 517 | 134 | 157 | 58 | 878 | 1,334 |
Cash Conversion Cycle | -9 | -63 | -60 | -124 | -55 | -79 | -249 | -72 | -40 | 45 | -298 | -798 |
Working Capital Days | -235 | -126 | -146 | -222 | -142 | -49 | -180 | -49 | -24 | 39 | -272 | -411 |
ROCE % | -1% | -5% | -3% | 62% | 8% | -12% | -1% | 11% | 7% | -11% | -14% |
Documents
Announcements
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Clarification sought from Websol Energy System Ltd
18h - Exchange has sought clarification from Websol Energy System Ltd on March 28, 2025, with reference to significant movement in price, in order to ensure that …
- Closure of Trading Window 2d
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Mar
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
6 Mar - Intimation of duplicate share certificate issuance.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
19 Feb - Intimation of duplicate share certificate issuance.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Feb 2018TranscriptNotesPPT
Products
Co. specializes in the production of photovoltaic crystalline solar cells and related PV modules. The Company’s products are used in both commercial and industrial Solar Energy panels in India and internationally. [1]