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← CockpitCompetitor Analysis › WEBELSOLAR.NS Websol Energy System LimitedOpen in the cockpit ↗

Websol Energy System LimitedWEBELSOLAR.NSCompetitor analysis, valuation and peers

India · INR·IT›Semiconductors
Momentum laggard 10
Mkt cap
$330M
US dollars, full cap
Free float
66%
of shares outstanding
$/day
$1.14M
20-day average traded
Fwd P/E
9.8×
forward earnings
ROIC−WACC
+34.6 pp
WACC 17.0%
Hurdle
-38 pp
Req g minus delivered
Next earnings
91 days
5 Feb 2027
Close · INR₹71.89
1D-0.1%
1W+9.5%
1M+4.0%
3M-23.2%
6M-37.4%
YTD-19.9%
1Y-41.8%
ATR %4.9%
Beta1.36
52w lowhigh47.9% off high

What Websol Energy System does

Employees: 995

Websol Energy System at a glance

Size Websol Energy System (WEBELSOLAR.NS) is an India Information Technology company (Semiconductors) with a market value of $330M, the 1014th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹71.89 on 6 Nov 2026.

Performance Over six months the shares fell 37.4%, against -27.4% for the median peer and 0.0% for the India market (cap-weighted) — 5th lowest of 20 in its peer set.

Growth Revenue grew 97.4% over the last twelve months (peer median +6.7%); the operating margin is 30.8% (peer median 3.0%).

Valuation It trades at 9.8× forward earnings against a peer median of 16.6× (2nd cheapest of 10).

Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +47%, so the hurdle is -38 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 34.6 points above its cost of capital (17.0% WACC).

Next results Next results expected around 5 Feb 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 72WEBELSOLAR.NS 63
Six months, rebased to 100: Websol Energy System against the median of its 20 peers (local-currency closes).

Websol Energy System financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹14.0B₹10.5B₹5.75B₹259M₹172M
Revenue growth—+82%+2,125%+50%—
Gross profit₹6.19B₹4.82B₹2.88B-₹304M-₹197M
EBITDA₹5.14B₹4.29B₹2.61B-₹97.3M-₹127M
Net income₹3.47B₹3.03B₹1.55B-₹1.21B-₹237M
Free cash flown/a₹636M₹1.05B-₹1.93B-₹169M
Capital expendituren/a₹1.80B₹432M₹2.24B₹57.6M
Total debt₹125M₹1.31B₹1.53B₹1.78B₹280M

Quarterly statements and history in the cockpit →

Websol Energy System competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%-40%-20%0%36752436300279490830110631358255MOSCHIP23386788LAES0468903209WBT354560053768858924016202WEBELSOLAR.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Websol Energy System is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×25×50×75×36752436301106313582556788046890WEBELSOLAR.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Websol Energy System is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%3675243630027949088255MOSCHIP2338678804689035456005376202WEBELSOLAR.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Websol Energy System is the large dot.

Websol Energy System competitors and peer comparison

How Websol Energy System compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Websol Energy System against its 20 peers (data as of 6 Nov 2026)
MeasureWEBELSOLAR.NSPeer medianRank in peer set
1-month return+4.0%-24.0%highest of 21
6-month return-37.4%-27.4%5th lowest of 20
Distance from 52-week high-47.9%-51.7%10th highest of 21
Revenue growth (TTM)+97.4%+6.7%4th highest of 21
Operating margin30.8%3.0%2nd highest of 21
Forward P/E9.8×16.6×2nd cheapest of 10
Growth the price implies (Req g, 7 yrs)9.2%14.1%5th least demanding of 13
Growth delivered (Del g)+46.9%+3.6%highest of 13
Hurdle (Req g minus delivered)-37.7 pp+8.5 ppleast demanding of 13
ROIC minus cost of capital+34.6 pp-2.6 pphighest of 19
EV / EBITDA5.8×14.2×2nd cheapest of 9
Net debt / EBITDA-0.3×-0.4×6th most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Websol Energy System WEBELSOLAR.NSIndia$330M-37%+97%31%9.8×9.2%+46.9%
Eris Technology 3675.TWOTaiwan$332M-8%+15%16%13.7×20.8%+11.4%
Weltrend Semiconductor 2436.TWTaiwan$333M-26%+19%8%36.8×13.7%+6.4%
Wuxi Hodgen Technology 300279.SZChina$335M-37%-14%5%n/a14.6%+1.7%
APAC Opto Electronics 4908.TWOTaiwan$341M-42%+4%21%n/a32.8%+1.9%
Jiangsu Smartwin Electronics Technology 301106.SZChina$345M-37%+7%2%10.7×n/an/a
Goldkey Technology 3135.TWTaiwan$345M-18%+217%18%3.2×n/an/a
Actron Technology 8255.TWOTaiwan$347M-24%-4%5%16.6×14.6%+21.4%
Moschip Technologies MOSCHIP.NSIndia$348M-26%-1%-1%n/a48.6%+40.9%
Taiwan Mask 2338.TWTaiwan$348M-31%-15%-6%n/a10.5%+5.3%
Brillian Network & Automation Integrated System 6788.TWOTaiwan$353M-32%+21%35%20.7×-1.4%+28.7%
SEALSQ LAESUnited States$305M-55%+145%-215%n/an/an/a
Seoul Semiconductor 046890.KSSouth Korea$358M-48%0%0%77.0×28.9%-2.5%
Alltek Technology 3209.TWTaiwan$303M-21%+22%3%n/an/an/a
Weebit Nano WBT.AXAustralia$361M-57%+246%-378%n/an/an/a
e-Ray Technology 7932.TWOTaiwan$302Mn/a+68%6%n/an/an/a
FocalTech Systems 3545.TWTaiwan$301M-15%-21%-4%n/a-17.5%-2.8%
EGing Photovoltaic Technology 600537.SSChina$364M-36%-62%-42%n/a2.9%-14.0%
Leaguer (Shenzhen) Microelectronics 688589.SSChina$364M-27%-10%3%10.7×n/an/a
Sunplus Technology 2401.TWTaiwan$365M-18%+6%3%n/an/an/a
Holtek Semiconductor 6202.TWTaiwan$297M-26%+15%10%19.1×7.4%-11.3%

Questions

Which companies are Websol Energy System's closest peers?
The cockpit's peer set: Eris Technology (3675.TWO), Weltrend Semiconductor (2436.TW), Wuxi Hodgen Technology (300279.SZ), APAC Opto Electronics (4908.TWO), Jiangsu Smartwin Electronics Technology (301106.SZ), Goldkey Technology (3135.TW), Actron Technology (8255.TWO), Moschip Technologies (MOSCHIP.NS).
Is Websol Energy System expensive compared with its peers?
On forward p/e it trades at 9.8× against a peer median of 16.6×, 2nd cheapest of 10 in its peer set. For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is +47%, so the hurdle is -38 pp: the price already allows for a slowdown.
How has Websol Energy System stock performed?
Over six months to 6 Nov 2026 the shares returned -37.4% against -27.4% for the median peer; over one year -41.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.