Websol Energy System Limited · NSE:WEBELSOLAR
Websol Energy System — Q1 FY2027 Earnings Presentation
29 slides from Websol Energy System's earnings presentation, Aug 11, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
Date: 11th August, 2026 To, To, The Manager Listing, The Manager Listing, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Floor 25, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (E) Mumbai: 400051 Mumbai: 400 001 Scrip Code- WEBELSOLAR Scrip Code- 517498 Sub: Investor Pr
Slide 2: Q1 FY27 Earnings Presentation
Q1 FY 27 Quarter ended 30th June 2026 EARNINGS PRESENTATION Websol Energy System Limited BSE 517498 NSE WEBELSOLAR
Slide 3: Table of Contents
Table of Contents 01 Results Summary 03 02 Company Overview 08 03 Industry Outlook 14 04 Business Update 18 05 Financial Performance 23 02
Slide 4: Results Summary
01 WEBSOL POWERING TOMORROW'S ENERGY RESULTS SUMMARY
Slide 5: Headline Performance
Headline Performance Q1 FY2027 REVENUE FROM OPERATIONS EBITDA PROFIT AFTER TAX ₹ 373 Cr ₹ 126 Cr ₹ 78 Cr +70.3 % Y-o-Y +21.4 % Y-o-Y +15.8 % Y-o-Y MARGINS 51.2 % 33.7 % 20.6 % GROSS MARGIN EBITDA MARGIN PAT MARGIN CAPITAL BASE * 66.7 % 65.7 % 0.19 x ₹ (34) Cr RETURN ON EQUITY RETURN ON CAPITAL DEBT
Slide 6: Continuing the Growth Journey
Continuing the Growth Journey A strong start to FY27 REVENUE FROM OPERATIONS EBITDA* PROFIT AFTER TAX 1,049 303 429 575 253 155 373 126 78 219 103 67 FY25 FY26 Q1 FY26 Q1 FY27 FY25 FY26 Q1 FY26 Q1 FY27 FY25 FY26 Q1 FY26 Q1 FY27 +82.4% +70.3% +69.6% +21.4% +95.8% +15.8% FY26 VS FY25 Q1 FY27 VS Q1 FY2
Slide 7: Carrying Strong Momentum into FY27
Carrying Strong Momentum into FY27 The scale-up continues in Q1FY27 Progress on Expansion In Pre-closure of Focus On New TOPCon West Bengal Debt Products Upgradation of one Mono PERC cell Concentrating expansion keeps the Early repayment of IREDA loan - Launch of solar kits for diverse line to TOPCo
Slide 8: Management Outlook
Management Outlook FY27 will be the year – our year of acceleration “Our Q1 FY27 results mark a transformational milestone, proving that the momentum we captured in FY26 — our landmark year of returning to power — has accelerated significantly. We have successfully evolved from a legacy entity into
Slide 9: Company Overview
“a tm WEBS°L COM PANY OVERVIEW FAREAND TALRTAN REN
Slide 10: Company Overview
Company Overview A legacy built on three decades of resilience 1990 30+ 1.2 GW 23 %+ 550 MW 4 GW ESTABLISHE D YEARS OF CELL AVERAGE CELL MODULE TOPCON OPERATION CAPACITY EFFICIENCY CAPACITY PIPELINE Among India's earliest Continuous Incremental 150 MW Industry-leading Forward integrated to Integrate
Slide 11: Technology and Capacity Evolution
Technology and Capacity Evolution Driving solar excellence through continuous technological innovation and capacity expansion C E L L T E C H N O LO GY A N D P E A K O U T P U T MULTI-CRYSTALLINE MONO PERC TOPCON WHY CELL FORMAT MATTERS CONVENTIONAL MONO-CRYSTALLINE 9.5 Wp Solar cells sit at the hea
Slide 12: Strong Foundation, Proven Execution
Strong Foundation, Proven Execution Scaling high-efficiency capacity to capture India’s solar mandate 01 02 03 Unmatched Legacy Operating Agility High Efficiency and Utilization Pioneer of solar manufacturing in India with a Second cell production line commissioned in Mono PERC cell lines operating
Slide 13: Experienced and Seasoned Management
Experienced and Seasoned Management Strong professional experience driving sustainable business performance Mr. Sohan Lal Agarwal Ms. Sanjana Khaitan Mrs. Vasanthi Sreeram Mr. Amrit Daga Mr. Paritosh Jain Mr. Ashok Purohit MANAGING EXECUTIVE CHIEF TECHNICAL CHIEF FINANCIAL TECHNICAL COMPANY DIRECTOR
Slide 14: Board of Directors
Board of Directors Diverse Board expertise across key domains Mr. Sohan Lal Ms. Sanjana Mr. Sanjay Agarwal Khaitan Kumar M ANAGING EXECUTIVE NON -EXECU TIV E DIRECTOR DIRECTOR DIRECTOR Founder of Websol, he has led its solar A finance post-graduate from the A BTech from the National Institute of man
Slide 15: Industry Outlook
03 INDUSTRY OUTLOOK 14
Slide 16: India's Solar Market: Growth Drivers
India’s Solar Market: Growth Drivers Installations quadrupled between FY23 and FY26 INDIA SOLAR DEMAND · GW Utility scale Open access (C&I) FY26 SHARE FY26 SHARE Installed - All Segments 47 % 20.8 GW p.a. ~17 % 7.5 GW p.a. 44.7 Power supplied directly to commercial Large projects supplying power to
Slide 17: Solar Installations to Sustain Growth Momentum
Solar Installations to Sustain Growth Momentum Drivers of Incremental Demand Projected Solar Demand and Growth Drivers AI/ CLOUD DATA CENTERS 30-40 GW Power demand by FY30 20 15 300+ Data Centre projects approved 5 GREEN HYDROGEN 65 5 MT 60 50 55 India’s green H2 target by FY30 ~ 20 GW Solar needed
Slide 18: Solar + BESS Gains Cost Edge
Solar + BESS Gains Cost Edge Storage turns intermittent solar into firm power LEVELISED COST OF ENERGY · USD / MWh, global basis 400 90 % $32 3x BESS COST PER KWH BY MODULE DECLINE 2030 MULTIPLIER 300 USD 700 to 75 / Enables 8-hour 8-hour BESS vs kWh, 2014 – 24 storage plain solar 200 FDRE mandates
Slide 19: Business Update
ify Lede LL Las a TL YM - “nnn es Y 04 WEBSOL POWERING TOMORROW'S ENERGY BUSINESS UPDATE 18
Slide 20: High-Capacity Utilization and Efficiency
High-Capacity Utilization and Efficiency Sustained momentum across cell and module operations CELL PRODUCTION MW MODULE PRODUCTION MW 258 259 95 103 211 82 126 116 50 38 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 C E L L C A P ACIT Y UT IL IS A T ION % M OD UL E
Slide 21: Robust Order Book
Robust Order Book Healthy and growing demand visibility supporting consistent growth and future execution ORDER BOOK MIX BY PRODUCT ₹ Cr ₹ 1,161 Cr ₹ 1,278 Cr OPENING ORDER BOOK CLOSING ORDER BOOK As at the close of Q4 FY26 As at the close of Q1 FY27 ORDER BOOK MOVEMENT, Q1 FY27 ₹ Cr 48% 1,278 1,161
Slide 22: New Projects Pipeline
New Projects Pipeline 3 projects in sequence: brownfield upgrade, phased greenfield expansion and backward integration TOPCon upgrade 4 GW integrated cell and module facility Ingot and wafer facility Brownfield expansion Greenfield project Greenfield expansion Upgrading a 600 MW Mono PERC line to 75
Slide 23: TOPCon Update
TOPCon Update Upgradation of 600 MW Mono PERC cell line to TOPCon architecture raising output per cell 150 MW ~ 25 % INCREMENTAL CAPACITY EXPECTED CELL EFFICIENCY March 2027 ~ ₹270 Cr EXPECTED COD PROJECT COST I M P L E M E N TAT I O N S C H E D U L E ACTIVITY COMMENCEMENT EXPECTED COMPLETION Civil
Slide 24: Financial Performance
05 WEBSOL POWERING TOMORROW'S ENERGY FINANCIAL PERFORMANCE
Slide 25: Quarterly Financial Performance
Quarterly Financial Performance Steady financial performance with continued momentum across key metrics REVENUE FROM OPERATIONS ₹ Cr EBITDA* ₹ Cr PROFIT AFTER TAX ₹ Cr 125** 146 401 126 373 103 106 78 261 67 65 219 72 46 168 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1
Slide 26: Profit and Loss Statement
Profit and Loss Statement ₹ Cr Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 373 219 70.3 % 401 (7.2) % 1,049 575 82.4 % Other Income 4 2 100.9 % 3 49.5 % 10 2 nm Total Income 377 221 70.6 % 404 (6.8) % 1,059 577 83.5 % Cost of Material Consumed 196 81 141.2 % 179 9.7 %
Slide 27: Capital Efficiency
Capital Efficiency The balance sheet moved to a net cash position over three years while coverage improved sharply DEBT / EQUITY x INTEREST COVERAGE x 23 1.70 11 0.55 0.19 (9) FY24 FY25 FY26 FY24 FY25 FY26 LONG-TERM DEBT / FIXED ASSETS x NET DEBT ₹ Cr 0.60 183 0.43 0.19 65 FY24 FY25 FY26 (34) FY24 F
Slide 28: Capital Efficiency
Capital Efficiency Strengthened balance sheet well positioned for the next leg of growth RETURN ON EQUITY % DEBT/ EBITDA x 80 67 0.6 0.3 (24.4) (81) FY24 FY25 FY26 FY24 FY25 FY26 NET WORTH ₹ Cr CASH FLOW FROM OPERATIONS ₹ Cr 631 255 167 278 108 35 FY24 FY25 FY26 FY24 FY25 FY26 27
Slide 29: Disclaimer
Disclaimer FOR FURTHER INFORMATION: This presentation, provided by Websol Energy System Limited, is intended for informational purposes only and is not an offer, invitation or inducement to sell or issue securities. It is not intended to be a prospectus under the laws of any jurisdiction. The inform
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