Websol Energy Share Price

Websol Energy System Limited, with manufacturing operations͏ in West Bengal, operates ͏in India’s renewable energy & solar manufacturing industry. The company focuses on the production of solar photovoltaic cells and related components that are utilized in utility-scale, commercial, and industrial solar power projects. ͏The Websol Energy share price on NSE and BSE indicates how market participants perceive the company’s operational performance, sector development, and changes ͏within India’s domestic renewable energy policy landscape.

Websol Energy share price is affected by multiple factors including order execution, capacity utilization, raw material pricing, demand for solar modules, and policy-related incentives for domestic manufacturing. Over longer periods, production stability, cost management, working capital cycles, and sector demand patterns influence stock-market sentiment. Tracking these factors helps in ͏understanding how the Websol Energy share price reacts across various market stages.

Websol Energy live share price offers the latest traded price, bid-ask and volumes in real time. These indicators͏ reflect current market activity and liquidity and thus the investors response to quarterly disclosures, sector specific news and general movements in the equity market. Continuous monitoring of the Websol Energy live price allows observe short-term volatility and relative movement against renewable-energy peers.

Furthermore, monitoring share price of Websol Energy helps market players in evaluating real-time sentiment, intraday price movement, and trade behaviour. It offers insight into the way news, finan­cial disclosures, and sector trends impact valuation and near-term price movement without indicating any inve­stment action.

Websol Energy Systems Limited Fundamentals

Websol Energy Company Background

Websol Energy Systems Limited operates across the solar manufacturing value chain, supporting the conversion of sunlight into usable energy solutions. The company was incorporated on 8 February 1990 in Kolkata, West Bengal, India, and has since developed foundational expertise in the solar sector. Its vision is to contribute to a sun-powered world and enable sustainable energy access for future generations. The mission focuses on accelerating the transition towards a carbon-free planet through solar solutions developed with a strong emphasis on quality and operational excellence. The purpose of Websol Energy Systems Limited is to harness the sun’s potential to support a brighter energy future. With more than 30 years of industry experience, the company has established manufacturing capabilities that include a 1,200 MW solar cell line and a 550 MW module line. These facilities reflect an emphasis on scale, consistency, and technical continuity while aligning operations with evolving energy requirements.

Websol Energy Systems Company Product Lines

Solar Photovoltaic (PV) Cells

• M10 Bifacial Mono-PERC Solar Cells – high-efficiency mono-crystalline PERC cells with bifacial technology, engineered for enhanced light capture on both sides.
• G12 Bifacial Mono-PERC Solar Cells – larger-format bifacial cells with similar high efficiency and optimized performance characteristics.

 Solar PV Modules: 

Websol’s modules are built by interconnecting cells into finished photovoltaic panels suitable for utility-scale, commercial, and residential use.)

• Bifacial PERC 525–550 Wp Solar Module – robust bifacial panel with mono-PERC technology.
• Monofacial Mono-PERC 525–550 Wp Solar Module – conventional single-face module with high efficiency cells.
• Bifacial Mono-PERC 640–660 Wp Solar Module (MAX / MAX XL Series) – larger, high-wattage bifacial modules designed for higher energy yield.
• Monofacial Mono-PERC 640–660 Wp Solar Module (MAX XXL Series) – high-power monofacial module variant.

Solar Systems & Solutions(product-based offerings implied from company portfolio)

• Off-Grid Solar Systems – integrated panels with storage solutions for remote or standalone power needs.

Webso Company Revenue Model

• Sales of Solar PV Cells – Revenue generated from manufacturing and selling crystalline photovoltaic (PV) solar cells, including Mono-PERC cells used in building solar modules. The company’s core segment remains solar cell production.
• Sales of Solar PV Modules – Revenue from manufacturing and selling finished solar PV modules assembled from in-house cells; these modules are sold to developers, EPC (engineering, procurement & construction) firms, and other industrial customers.
• Exports of Cells and Modules – Income from overseas shipments of solar cells and modules to markets such as the United States, United Kingdom, Africa and others, supported by export orders and international supply agreements.
• Domestic Supply Agreements and Contracts – Revenue recognised from master supply agreements with domestic partners (for example, solar cell supply deals and module agreements with OEMs/EPCs).
• Other Operating Income (Standard Financial Reporting Line Item) – Includes incidental operating revenues such as freight income, handling charges and similar items recorded under revenue from operations in official financial results. While

Websol Energy Geographic Presence

• Headquarters — Kolkata, West Bengal, India – Corporate office and registered base of operations.
• Manufacturing Facility — Falta SEZ, West Bengal, India – Primary plant for solar cell and module production.
• Domestic Market — Multiple Indian States – Supplies solar cells and modules across India, including major states for rooftop, commercial and utility solar demand.
• Export Markets — International Customers – Websol exports solar cells and modules to global buyers; shipment data shows destinations such as China, Taiwan, Netherlands, Germany, Kenya, UAE, Bangladesh, Singapore, Brazil, and the USA.
• Proposed Expansion — Andhra Pradesh, India – Approved plan for a greenfield solar cell and module facility at Naidupeta (MPSEZ), enhancing national manufacturing footprint

Websol Energy Leadership and Brand Recognition

Some of the key leaders of Websol Energy as of January 2026 are:

• Sohan Lal Agarwal – Chairman & Managing Director
• Sanjana Khaitan – Executive Director
• Dr. Rajeewa R. Arya – Independent Director
• Vishal Patodia – Independent Director
• Shailesh Kumar Mishra – Independent Director
• Sreeram Vasanthi – Non-Executive Director
• Raju Sharma – Company Secretary
• Vasanthi Sreeram – Chief Technology Officer
• Ravinder Tanwar – Chief Operating Officer
• Amrit Daga – Chief Financial Officer

Websol Energy Systems Key Milestones

• 1990 – Incorporated as Websol SI Energy Systems Limited.
• 1994 – Began delivering advanced photovoltaic products from Falta SEZ, West Bengal.
• 2011 – Company name changed to Websol Energy Systems Limited.
• 2005 – Awarded the prestigious PV GAP mark.
• 2011 – Production capacity doubled to 60 MW at Falta SEZ; started monolike wafer production.
• 2012 – Total installed capacity enhanced to 120 MW; module power output increased to 290 Wp.
• 2014–15 – Began processing quasi-mono wafers; installed new texturing line; installed capacity enhanced to 180 MW.
• 2016–17 – Expanded cell line capacity from 100 MW to 200 MW.
• 2017–18 – Expanded cell line to 280 MW; module line from 90 MW manual to 250 MW fully automated; installed new printing line and started production of 5-bus bar (5BB) cells; commissioned 120 KWp solar power facility generating >1,00,000 units annually.
• 2019–20 – Achieved 8% cost reduction in solar cell manufacturing via process, productivity, and energy improvements.
• 2023–24 – Commissioned 550 MW capacity for solar modules.
• 2025 – Commenced production of 600 MW Mono PERC cell line and 550 MW module line at Falta plant.

Industry Perspective

The solar photovoltaic (PV) industry, which includes manufacturers like Websol Energy Systems Limited, is a rapidly expanding segment of the global renewable energy market. Solar PV technology converts sunlight directly into electricity and is central to decarbonisation efforts worldwide. The global solar PV market is forecast to grow significantly, with estimates suggesting expansion from around USD 100.26 billion in 2024 to over USD 226.68 billion by 2034 at a CAGR of ~8.5%. Broader projections point to even higher longterm growth, with some forecasts estimating the global PV market could reach USD 753.9 billion by 2035 at an ~8.3% CAGR from 20252035. Additionally, installed capacity worldwide is expected to continue rising, with the AsiaPacific region holding the largest share. In India, the solar energy market is also expanding quickly: the installed base is projected to increase from around 122.5 GW in 2025 to nearly 295.75 GW by 2030, with a strong ~19.3% CAGR over that period. Policy support, cost declines, and manufacturing incentives under schemes such as the PLI and ALMM are boosting domestic growth and strengthening supply chains.

Websol Energy Systems Limited stands to benefit from the rapid growth of the solar industry both in India and globally. With rising demand for renewable energy, supportive government policies, and increasing adoption of solar PV technology, the company’s established manufacturing capabilities, including high-capacity cell and module lines, position it to capture market share, expand exports, and strengthen its presence in domestic and international solar projects, driving revenue and long-term growth.

Websol Energy System Limited Stock Market Presence: Listings & Index Representation

Websol Energy System Limited was listed on the Bombay Stock Exchange on January 14, 2005. The company trades on the BSE under the scrip code 517498 and on the National Stock Exchange under the symbol WEBELSOLAR. Since listing, the stock has remained accessible to market participants seeking exposure to India’s listed renewable-energy manufacturing segment.

Websol Energy System Limited forms part of several broader market indices that track microcap and total-market companies. The stock is included in BSE 1000, BSE Next 250 Microcap, Nifty Microcap 250 Index, and Nifty Total Market. These index inclusions place Websol Energy within wider market baskets used for benchmarking, index tracking, and passive investment exposure.

Websol Energy share price is monitored by retail and institutional participants due to its presence in microcap and total-market indices. Listing on both NSE and BSE supports liquidity and price discovery, while index representation links the stock to broader market movements within India’s renewable-energy and electricity-generation space.

Websol Energy Stock Performance and Websol Energy Share Price History

Websol Energy share price on NSE and BSE reflects its position as a listed solar-manufacturing company operating within a cyclical and policy-driven sector. Movements in Websol Energy share price often align with changes in sector demand, execution visibility, cost pressures, and broader equity-market trends. Market participants frequently compare Websol Energy share price today with benchmarks such as Nifty 50, Sensex, and sector indices to understand relative performance.

Short-term movements in Websol Energy stock price have shown sensitivity to earnings updates, sector sentiment, and shifts in renewable-energy policy expectations. These influences appear clearly in periodic declines and recoveries across different market cycles. Corporate-specific developments and broader market corrections have also contributed to visible fluctuations in Websol Energy share price across trading periods.

Longer-term context emerges through Websol Energy share price 52-week highs and lows, which reflect phases of strong momentum and periods of consolidation. High points have often aligned with improved earnings visibility and strong sector sentiment, while lows have coincided with broader market corrections, margin pressure, or weak near-term visibility. These levels provide historical reference points beyond daily price movements.

Websol Energy share price history shows extended periods of volatility, typical of microcap manufacturing stocks operating in evolving sectors. Between 2007 and 2011, Websol Energy stock price experienced sharp declines during the global financial crisis, reflecting broader market stress and reduced risk appetite. Recovery phases followed during periods of renewed interest in renewable energy and improving equity-market sentiment.

From 2012 to 2018, Websol Energy share price remained under pressure amid inconsistent earnings, cost challenges, and weak sector visibility. This phase marked prolonged consolidation, with limited upward momentum. During this period, Websol Energy stock price reflected cautious market expectations around operational stability and demand consistency.

A sharp turnaround occurred during 2020–2021, when sector-wide interest in renewable energy, combined with improved operating performance, led to a strong upward movement in Websol Energy share price. Calendar-year returns in 2021 reached 241.07%, followed by further volatility in 2022. In 2023 and 2024, Websol Energy stock price delivered substantial gains, with annual returns of 158.41% and 577.31% respectively, reflecting strong earnings recovery and renewed market participation.

Despite this, recent periods show sharp corrections. Over one year, Websol Energy share price declined by 50.69%, underperforming Nifty 50, Sensex, industry, and sector indices. Short-term returns also remained negative, with three-month returns at -36.24% and six-month returns at -42.66%. These declines reflect profit-taking after steep rallies, margin pressures, and broader risk-off sentiment in microcap stocks.

Seasonality data highlights uneven quarterly performance. Strong gains in Q2, Q3, and Q4 during select years contrast with steep Q1 declines in others. For instance, 2024 recorded strong gains across all quarters, while 2025 saw declines across multiple quarters, resulting in a -46.07% annual return. These patterns underline the cyclical and event-driven nature of Websol Energy share price movements.

Over longer horizons, Websol Energy stock price shows significant cumulative returns. Three-year returns stand at 675.47%, five-year returns at 1,832.92%, and ten-year returns at 2,045.33%. These figures capture extended recovery phases following long consolidation periods, highlighting how Websol Energy share price history reflects alternating cycles of sharp expansion and correction.

Websol Energy System Limited Investor Relevance and Role in Portfolio

Websol Energy System Limited holds relevance within microcap and renewable-energy-focused portfolios, offering exposure to domestic solar manufacturing and electricity-generation supply chains. Inclusion in indices such as BSE 1000 and Nifty Microcap 250 positions the stock within diversified market-tracking portfolios rather than as a standalone core holding.

Websol Energy equity is held by a mix of domestic promoter-linked entities, global asset managers, and institutional investors. Key institutional holders include S L Industries Pvt. Ltd., Websol Green Projects Private Limited, The Vanguard Group, BlackRock, Dimensional Fund Advisors, Motilal Oswal Asset Management Company, State Street Global Advisors, Teachers Insurance and Annuity Association, Van Eck Associates Corporation, and Invesco Capital Management.

Mutual fund exposure includes Vanguard Total International Stock ETF, Vanguard FTSE Emerging Markets ETF, Vanguard Institutional Total International Stock Market Index Trust, Motilal Oswal Nifty Microcap 250 Index Fund, Vanguard FTSE All-World ex-US Small-Cap ETF, iShares Core MSCI EM IMI UCITS ETF, and iShares MSCI India Small-Cap ETF. This ownership structure reflects passive and index-linked participation rather than concentrated active positioning.

Websol Energy share price is also monitored through derivatives-linked indicators and trading metrics, where volume patterns and open interest reflect short-term sentiment around earnings cycles and sector news. Technical indicators such as RSI, MACD, and MFI provide insight into momentum shifts affecting Websol Energy stock price during volatile phases.

Websol Energy System Limited exhibits elevated volatility, reflected in its beta metrics across timeframes. The long-term beta stands at 2.39, indicating higher sensitivity to market movements. Daily beta ranges include 2.13 over one month and 0.968 over three months. Weekly beta measures show 1.58 over one year and 1.25 over two years, while the two-week beta over two years stands at 1.48. Monthly beta over two years measures 1.95. These values indicate above-average price fluctuation relative to broader markets.

Websol Energy System Limited Sectoral Relevance and Peer Positioning

Websol Energy sector relevance arises from its role in solar-cell manufacturing within India’s electricity-generation and renewable-energy ecosystem. The company operates alongside peers such as Tata Power Renewable Energy, Waaree Energies, Adani Green Energy, Borosil Renewables, and Vikram Solar, where comparisons focus on manufacturing scale, capacity utilisation, cost structure, and execution capability rather than short-term stock movement. These benchmarks help assess operational positioning within the renewable-energy value chain.

Websol Energy market cap stood at ₹33.01 billion as of January 20, 2026, declining from ₹70.13 billion in December 2024. Despite recent contraction, long-term market-cap growth since 2005 reflects extended expansion phases aligned with sector upcycles.

Websol Energy P/E ratio highlights valuation changes across earnings cycles. The trailing twelve-month P/E stood at 16.21, while the latest FY P/E reached 32.57 in FY25, reflecting recovery in earnings after losses in FY24. Earlier years recorded negative P/E values due to losses, showing how valuation closely tracked profitability shifts.

Websol Energy EPS trends reflect volatility in operating performance. EPS moved from ₹15.86 in FY21 to ₹2.64 in FY22, turned negative in FY23 and FY24, and recovered sharply to ₹36.66 in FY25. These changes align with revenue swings, cost control, and operating leverage within manufacturing operations.

Websol Energy earnings performance shows pronounced volatility. Total revenue rose sharply to ₹575.46 crore in FY25 from ₹25.86 crore in FY24, reversing a multi-year contraction. Operating profit improved to ₹192.50 crore in FY25 after losses in FY24 and FY23, while net income recovered to ₹154.74 crore following two loss-making years. EPS turned positive at ₹3.67 in FY25, indicating restored operating leverage. Long-term metrics remain uneven, with strong five-year growth but moderate ten-year CAGRs. TSR indicators reflect this profile, with a high Growth Index of 84.52%, moderate Profit and Stability indices, and a Value Index of 59.72%.

Overall, Websol Energy’s sector positioning reflects a microcap renewable-energy manufacturer whose financial metrics, earnings visibility, and valuation move in line with industry cycles, policy direction, and execution outcomes rather than stable, linear growth patterns.

Summary

Websol Energy System Limited operates in India’s renewable energy manufacturing space, focusing on solar photovoltaic cells and modules. The company’s business performance remains linked to solar adoption trends, government renewable policies, and execution of manufacturing capacity. Its stock movement reflects changes in order flow, operational consistency, and sector-wide sentiment toward renewable energy. For investors, Websol Energy represents exposure to India’s solar manufacturing segment, with outcomes dependent on production stability, cost management, and sustained demand within the renewable energy ecosystem.