Websol Energy Q1 FY27: Revenue ₹373 Cr, PAT ₹78 Cr

Disclosure after analyst and investor meeting

Websol Energy System Limited, a Kolkata-based solar cell and solar module manufacturer, disclosed details from its interaction with analysts and institutional investors held on August 11, 2026. Management addressed questions on the company’s operational and financial position for the first quarter of FY27, covering the period ended June 30, 2026. Following the interaction, the company made the earnings call audio recording available on its official website as a permanent record. The stated intent of the disclosure and audio access was to support transparency around the quarterly performance discussion. The company has also been circulating Q1 FY27 materials through an investor presentation filing dated August 11, 2026. The disclosures relate to unaudited results for the quarter.

Earnings call audio made available on the website

Websol indicated that the audio recording of the earnings call remains available on its official website. The posting follows the analysts and institutional investors meeting and is positioned as a record of the Q1 FY27 discussion. The company also referenced that access to the audio file was provided to ensure transparency. Separately, the company has previously shared audio access for an earlier analysts or investors meeting held on April 28, 2026, which covered audited standalone and consolidated results for Q4 and the full year ended March 31, 2026. For Q1 FY27, the earnings conference call was scheduled for Tuesday, August 11, 2026 at 4:00 PM IST.

Q1 FY27 revenue rises sharply year-on-year

For Q1 FY27, Websol reported revenue from operations of about ₹372.60 crore to ₹373 crore. This compared with around ₹218.75 crore to ₹219 crore in Q1 FY26, translating into roughly 70% year-on-year growth. The same figure is also expressed as ₹3.73 billion, which is approximately ₹373 crore. The company’s top-line growth was presented as the key driver behind the year-on-year improvement in profitability, even as operating margins declined compared with the previous year. Total income for Q1 FY27 was also presented at about ₹377 crore, compared with around ₹221 crore a year earlier.

Profit after tax grows YoY but declines sequentially

Websol’s profit after tax (PAT) for Q1 FY27 was reported at about ₹77.79 crore to ₹78 crore. This was up from around ₹67.18 crore to ₹67 crore in Q1 FY26, representing about a 16% year-on-year increase. Diluted earnings per share (EPS) for the quarter stood at ₹1.79, compared with ₹1.57 in Q1 FY26.

Sequentially, the picture was weaker. Revenue declined from about ₹401.45 crore in Q4 FY26 to about ₹372.60 crore in Q1 FY27, a fall of 7.19% quarter-on-quarter. PAT dropped from about ₹124.50 crore in Q4 FY26 to about ₹77.79 crore in Q1 FY27, down 37.52% quarter-on-quarter.

EBITDA increases, but margins compress

The company reported EBITDA (excluding other income) of about ₹125.58 crore to ₹126 crore in Q1 FY27, up from about ₹103.48 crore to ₹103 crore in Q1 FY26, an increase of roughly 21% year-on-year. Websol’s EBITDA margin for Q1 FY27 was reported around 34% (also stated as 33.7%). The margin was also reported to have declined from 47% in the corresponding quarter of the previous year.

On the profitability mix, the PAT margin for Q1 FY27 was cited at around 20.6% to 21%, compared with 30% to 30.4% in Q1 FY26. The disclosures also cited a gross margin of 51.2% alongside the Q1 FY27 EBITDA figure.

Production volumes and utilisation improved sharply

Websol’s operational disclosures showed higher output in both modules and cells. Module production rose to 103 MW in Q1 FY27 from 50 MW a year earlier. This lifted module capacity utilisation to 81% from 39%.

Cell production increased to 259 MW in Q1 FY27 from 126 MW in the same quarter last year. The company’s business highlights also mentioned that cell capacity utilisation was sustained at 92% during Q1 FY27. The production and utilisation data were highlighted as key operating indicators alongside the financial results.

Term loan prepaid using internal accruals

On August 4, 2026, Websol prepaid its entire outstanding term loan of ₹110 crore from the Indian Renewable Energy Development Agency Limited (IREDA). The company stated that the repayment was completed through internal accruals, without raising fresh capital or deferring any part of its ongoing growth plans. The investor presentation also linked the early repayment to a reduction in promoter pledged shares and a lowering of interest outgo.

Key reported metrics at a glance

Operational comparison for Q1 performance

Market and disclosure context investors tracked

Websol filed an investor presentation on August 11, 2026 under Regulation 30 of SEBI (LODR) Regulations, 2015, covering unaudited standalone and consolidated financial results for Q1 FY27. Alongside the financial metrics, the presentation disclosed balance sheet indicators, including a net debt position of negative ₹34 crore as at the quarter end. It also cited a return on equity of 66.7% based on figures as at March 31, 2026.

The company’s disclosures also referenced earnings dates: Q1 FY26-27 results were linked to August 10, 2026, while the analysts or investors meeting and conference call were set for August 11, 2026. Separately, the information also mentioned an upcoming earnings date for Websol Energy System Ltd. as August 10, 2026.

Why the Q1 FY27 print mattered in the call

The Q1 FY27 update combined a sharp year-on-year revenue increase with visibly lower margins than the prior-year quarter. Investors also had to reconcile the year-on-year improvement in PAT with the quarter-on-quarter drop from Q4 FY26. Operationally, the production and utilisation data pointed to a materially higher run-rate compared with the prior year. And the early repayment of the IREDA term loan was positioned as a balance-sheet and interest-cost positive, with the company explicitly stating that it used internal accruals and did not pause growth plans.

Closing summary and what is scheduled next

Websol Energy System’s Q1 FY27 disclosures showed revenue from operations of about ₹373 crore and PAT of about ₹78 crore, alongside higher production volumes and a reported EBITDA margin around 34%. After the August 11, 2026 analysts and institutional investors meeting, the company made the earnings call audio available on its website as a permanent record. Investors tracking the name now have both the filed presentation and the call recording to review the quarter’s results discussion, including the reported loan prepayment completed on August 4, 2026.