What we do Websol Energy System Ltd is a leading Indian manufacturer of photovoltaic monocrystalline solar cells and modules, serving domestic and international solar power markets. |
Founded in 1,990 |
Market share Key player in the Indian solar cell and module market with state-of-the-art manufacturing facilities and growing capacity. |
Problem solved Provides reliable, efficient solar energy solutions aiding in renewable energy adoption and reducing dependence on fossil fuels. |
Top clients or who we serve Serves domestic, commercial, and industrial solar power sectors; B2B customers across India and export markets. |
Key management - |
Our journey and innovations Started in 1990, expanded capacity from 1 MW to gigawatt-scale, shifted from mono to advanced Mono-PERC and Topcon technologies. |
Where we operate Primarily India with international exports; manufacturing facility in West Bengal and upcoming plant in Andhra Pradesh. |
Top products or what we offer Photovoltaic monocrystalline solar cells and modules for grid, standalone, and rural electrification applications. |
Top brands Webel Solar Modules - Internationally certified, high reliability, key revenue driver |
Raw materials needed Silicon wafers, semiconductor materials, silver paste, and other electronic manufacturing inputs. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly from product sales; cycles dependent on solar installation demand but growing with long-term contracts. |
Our industry position Among leading Indian solar cell and module manufacturers with growing market share and advanced technology adoption. |
Financial highlights FY 2025 revenue of ₹575 Cr and profit ₹155 Cr, showing strong profitability and rapid growth with recent capacity expansions. |
Geographical revenue split - |
Order book Order book worth ₹1150 Cr reflecting strong demand for cells and modules. |
Whats driving growth Rising solar installations in India, increased capacity utilization, government incentives, and technological upgrades in Mono-PERC. |
Our future plans Expanding manufacturing capacity to 5.2 GW by 2028; investing ₹3000 Cr in Andhra Pradesh greenfield project. |
Our green promise Installed solar power plant at facility reducing carbon emissions; focus on clean energy manufacturing. |
Our people and values Committed workforce embracing innovation, quality, and continuous improvement aligning with sustainable energy goals. |
Key challenges ahead Scaling capacity efficiently, managing supply chain costs, and navigating evolving solar technology trends. |
Interesting facts Achieved rapid commissioning of 600 MW cell line in under 12 months; highest cell efficiency in India at 23.35%. |
Risks and strategy Focus on backward integration to secure raw materials; leverage internal accruals for funding expansions; manage price competitiveness. |
