Websol Energy Reports 132 Percent Jump in Q4 FY26 Revenue to INR 401 Cr, PAT up by 158 Percent
Websol Energy System posted Q4 FY26 revenue of INR 401 crore – up 132.1 percent YoY, and PAT of INR 125 crore – up 157.9 percent, with FY26 revenue reaching INR 1,049 crore. The company is set to increase its cell capacity to 1.35 GW, once it completes the ongoing upgrade of a Mono PERC cell line to TOPCon.
April 28, 2026. By Mrinmoy Dey
In FY26, the company has registered a revenue of INR 1,049 crore, as against INR 575 crore in FY25, marking an 82.4 percent growth. The company's FY26 PAT stood at INR 303 crore, up 95.8 percent as compared to INR 155 crore for FY25.
On the operational front, the company has initiated the upgrade of one Mono PERC cell line to TOPCon. Post commissioning of this capacity, overall cell capacity will increase to 1.35 GW, the company stated. It has commissioned a second line, and the overall cell capacity utilisation remained above 90 percent while module line utilisation was recorded at 74 percent. The company maintains an order book of INR 1,161 crore as of March 31, 2026.
Commenting on the performance, Sohan Lal Agarwal, Managing Director, Websol Energy System, said, “FY26 has been a landmark year for Websol. The commissioning of Cell Line-2 has not only enhanced our capacity but also reinforced the core strength of the business. Additionally, we are upgrading one of our existing Mono PERC cell lines to TOPCon technology. This will raise our total cell capacity to 1.35 GW and act as an important milestone towards our upcoming integrated 2 GW cell and module facility.”
He further added, “Our Q4 and full-year performance are the result of several deliberate efforts managing working capital prudently, improving capacity utilisation, maintaining cost discipline and executing with consistency. This has led to record revenue and profitability, stronger cash flows and better operating efficiency.”
As Websol moves toward full run-rate utilisation, its focus remains on getting the most out of the expanded capacity, moving ahead on backward integration, and preparing responsibly for the next phase of growth, asserted Agarwal.
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