Share Price and Basic Stock Data

Last Updated: November 14, 2024, 6:28 pm

Market Cap	5,318 Cr.
Current Price	1,224
High / Low	1,646/185
Stock P/E	98.4
Book Value	43.4
Dividend Yield	0.00 %
ROCE	14.3 %
ROE	6.40 %
Face Value	10.0
PEG Ratio	-1.89

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Websol Energy System Ltd

Competitors of Websol Energy System Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Metallic Coal & Coke Ltd	5.94 Cr.	30.0	32.8/18.2		77.6	0.00 %	0.37 %	2.00 %	100
Gensol Engineering Ltd	3,045 Cr.	804	1,377/709	37.4	155	0.00 %	14.3 %	20.1 %	10.0
Gagan Polycot India Ltd	0.86 Cr.	0.86	/		4.08	0.00 %	81.2 %	81.2 %	10.0
Fusion Micro Finance Ltd	1,912 Cr.	190	675/185	5.47	283	0.00 %	14.1 %	19.6 %	10.0
Five X Tradecom Ltd	0.99 Cr.	0.48	/		9.35	0.00 %	0.00 %	0.00 %	10.0
Industry Average	5,965.92 Cr	232.46		199.94	108.26	0.27%	21.61%	72.28%	9.42

All Competitor Stocks of Websol Energy System Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	43	58	50	63	3	14	0	0	0	0	1	25	112
Expenses	36	51	43	57	7	15	6	2	2	1	3	28	68
Operating Profit	7	7	7	5	-4	-2	-5	-1	-1	-1	-2	-3	44
OPM %	17%	12%	13%	9%	-129%	-14%	-1,627%	-1,327%	-750%	-277%	-429%	-13%	39%
Other Income	2	1	2	1	1	-0	-1	1	0	0	-101	-4	0
Interest	1	1	1	1	1	1	1	1	1	1	0	5	5
Depreciation	4	4	4	4	4	4	4	4	4	4	4	24	8
Profit before tax	4	4	4	2	-8	-7	-11	-5	-6	-5	-107	-36	32
Tax %	26%	-3%	51%	69%	-6%	-45%	-39%	6%	-12%	-25%	-49%	62%	28%
Net Profit	3	4	2	0	-8	-4	-7	-5	-5	-4	-55	-59	23
EPS in Rs	1.00	1.10	0.55	0.14	-2.08	-1.06	-1.76	-1.38	-1.29	-1.02	-12.95	-13.88	5.42

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:14 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	114	305	356	280	296	183	69	196	154	213	17	26	137
Expenses	123	291	351	271	267	167	93	193	120	187	30	27	99
Operating Profit	-9	14	5	9	29	17	-25	3	34	26	-13	-1	38
OPM %	-8%	5%	1%	3%	10%	9%	-36%	1%	22%	12%	-74%	-5%	28%
Other Income	25	-39	-39	-1	70	11	17	4	60	6	1	-110	-104
Interest	19	31	2	1	5	9	6	6	9	3	4	5	10
Depreciation	13	18	16	15	15	14	15	15	15	15	15	36	40
Profit before tax	-16	-74	-52	-9	79	5	-29	-15	69	14	-32	-153	-117
Tax %	0%	0%	1%	14%	0%	0%	0%	-127%	29%	30%	-25%	-21%
Net Profit	-16	-74	-52	-10	79	5	-29	4	49	10	-24	-121	-94
EPS in Rs	-7.24	-33.84	-23.83	-4.49	35.83	1.79	-9.97	1.34	15.86	2.64	-6.11	-28.66	-22.43
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-362.50%	29.73%	80.77%	890.00%	-93.67%	-680.00%	113.79%	1125.00%	-79.59%	-340.00%	-404.17%
Change in YoY Net Profit Growth (%)	0.00%	392.23%	51.04%	809.23%	-983.67%	-586.33%	793.79%	1011.21%	-1204.59%	-260.41%	-64.17%

Websol Energy System Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-22%
5 Years:	-18%
3 Years:	-45%
TTM:	30392%

Compounded Profit Growth
10 Years:	6%
5 Years:	11%
3 Years:	%
TTM:	374%

Stock Price CAGR
10 Years:	52%
5 Years:	120%
3 Years:	153%
1 Year:	525%

Return on Equity
10 Years:	%
5 Years:	0%
3 Years:	-4%
Last Year:	-6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:33 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	22	22	22	22	22	27	29	31	31	37	39	42	42
Reserves	-90	-164	-217	-227	36	74	95	94	143	155	152	66	146
Borrowings	428	389	382	352	84	81	76	78	35	36	28	184	159
Other Liabilities	171	383	400	306	175	187	152	109	75	58	48	61	58
Total Liabilities	530	629	587	453	317	369	352	311	284	286	267	353	406
Fixed Assets	339	322	280	266	283	304	287	254	239	225	210	270	304
CWIP	1	12	0	0	0	0	1	0	0	0	6	30	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	5
Other Assets	191	296	307	187	34	65	64	56	45	61	51	53	97
Total Assets	530	629	587	453	317	369	352	311	284	286	267	353	406

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-4	-56	-13	30	142	10	5	1	36	-3	-8	35
Cash from Investing Activity +	-2	-14	-4	-0	28	-1	6	13	-0	-1	-6	-223
Cash from Financing Activity +	-0	63	15	-30	-168	-12	-11	-14	-35	6	10	189
Net Cash Flow	-6	-7	-1	-1	2	-3	0	0	1	2	-4	1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-437.00	-375.00	-377.00	-343.00	-55.00	-64.00	-101.00	-75.00	-1.00	-10.00	-41.00	-185.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	230	210	162	94	2	42	51	33	47	46	37	11
Inventory Days	143	55	61	33	7	51	216	29	70	56	544	525
Days Payable	381	328	283	250	64	172	517	134	157	58	878	1,334
Cash Conversion Cycle	-9	-63	-60	-124	-55	-79	-249	-72	-40	45	-298	-798
Working Capital Days	-235	-126	-146	-222	-142	-49	-180	-49	-24	39	-272	-411
ROCE %		-1%	-5%	-3%	62%	8%	-12%	-1%	11%	7%	-11%	-14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	25.37%	25.37%	25.37%	25.37%	25.37%	26.76%	26.76%	26.76%	26.76%	27.71%	27.71%	27.71%
FIIs	7.70%	3.75%	2.98%	2.70%	2.78%	3.84%	4.08%	4.14%	0.83%	0.77%	0.47%	0.01%
DIIs	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.25%	0.00%	0.00%
Public	66.91%	70.86%	71.63%	71.90%	71.83%	69.38%	69.13%	69.09%	72.40%	71.26%	71.82%	72.28%
No. of Shareholders	31,956	60,249	78,173	78,231	76,495	74,349	72,622	69,255	62,101	61,032	86,164	1,02,892

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-29.99	-6.31	2.91	22.10	1.40
Diluted EPS (Rs.)	-29.99	-6.31	2.91	19.30	1.21
Cash EPS (Rs.)	-20.12	-2.15	6.82	26.71	6.40
Book Value[Excl.RevalReserv]/Share (Rs.)	25.52	49.30	52.29	53.81	31.44
Book Value[Incl.RevalReserv]/Share (Rs.)	25.52	49.30	52.29	53.81	31.44
Revenue From Operations / Share (Rs.)	6.13	4.44	58.19	49.32	63.91
PBDIT / Share (Rs.)	-1.56	-2.54	8.46	12.22	4.46
PBIT / Share (Rs.)	-10.09	-6.50	4.28	7.29	-0.59
PBT / Share (Rs.)	-36.17	-8.13	3.78	22.24	-4.99
Net Profit / Share (Rs.)	-28.66	-6.11	2.64	21.78	1.34
PBDIT Margin (%)	-25.44	-57.28	14.54	24.77	6.97
PBIT Margin (%)	-164.73	-146.37	7.35	14.77	-0.93
PBT Margin (%)	-590.40	-183.09	6.49	45.08	-7.81
Net Profit Margin (%)	-467.74	-137.51	4.53	44.16	2.10
Return on Networth / Equity (%)	-112.29	-12.38	5.04	40.47	4.27
Return on Capital Employeed (%)	-15.64	-12.04	7.02	10.70	-0.89
Return On Assets (%)	-34.29	-8.86	3.38	23.86	1.32
Long Term Debt / Equity (X)	1.51	0.00	0.02	0.07	0.41
Total Debt / Equity (X)	1.70	0.14	0.18	0.15	0.70
Asset Turnover Ratio (%)	0.08	0.06	0.74	0.51	0.59
Current Ratio (X)	0.38	0.30	0.91	0.57	0.49
Quick Ratio (X)	0.14	0.06	0.55	0.32	0.38
Inventory Turnover Ratio (X)	0.97	0.82	8.58	6.86	6.82
Interest Coverage Ratio (X)	-1.39	-2.58	10.16	4.19	2.20
Interest Coverage Ratio (Post Tax) (X)	-2.30	-4.54	3.77	2.34	2.84
Enterprise Value (Cr.)	2239.92	327.32	376.99	154.48	105.90
EV / Net Operating Revenue (X)	86.62	19.00	1.77	1.01	0.54
EV / EBITDA (X)	-340.41	-33.17	12.16	4.06	7.76
MarketCap / Net Operating Revenue (X)	79.56	17.43	1.62	0.84	0.19
Price / BV (X)	19.10	1.57	1.80	0.77	0.39
Price / Net Operating Revenue (X)	79.56	17.44	1.62	0.84	0.19
EarningsYield	-0.05	-0.07	0.02	0.52	0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Websol Energy System Ltd as of November 14, 2024 is: 278.78

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 14, 2024, Websol Energy System Ltd is Overvalued by 77.22% compared to the current share price 1,224.00

Intrinsic Value of Websol Energy System Ltd as of November 14, 2024 is: 133.78

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 14, 2024, Websol Energy System Ltd is Overvalued by 89.07% compared to the current share price 1,224.00

Last 5 Year EPS CAGR: -52.01%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -151.42, which is a positive sign. The stock has a low average Cash Conversion Cycle of -150.17, which is a positive sign.	The stock has a low average ROCE of 3.42%, which may not be favorable. The company has higher borrowings (177.85) compared to reserves (20.23), which may suggest financial risk. The company has not shown consistent growth in sales (180.46) and profit (-25.38).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Websol Energy System Ltd:
1. Net Profit Margin: -467.74%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -15.64% (Industry Average ROCE: 21.61%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -112.29% (Industry Average ROE: 72.28%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -2.3
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.14
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 98.4 (Industry average Stock P/E: 199.94)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.7
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Websol Energy Systems Ltd. is a Public Limited Listed company incorporated on 08/02/1990 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L29307WB1990PLC048350 and registration number is 048350. Currently company belongs to the Industry of Electric Equipment - General. Company’s Total Operating Revenue is Rs. 213.22 Cr. and Equity Capital is Rs. 36.64 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Electric Equipment - General	Plot No. 849, Block P, Kolkata West Bengal 700053	investors@webelsolar.com http://www.webelsolar.com

Management
Name	Position Held
Mr. S L Agarwal	Chairperson & Managing Director
Mr. Sanjana Khaitan	Director & CFO
Mrs. Sreeram Vasanthi	Non Executive Director
Mr. Devan Kaushik	Ind. Non-Executive Director
Mr. Kushal Agarwal	Ind. Non-Executive Director
Mr. Vishal Patodia	Director

FAQ

What is the latest intrinsic value of Websol Energy System Ltd?

The latest intrinsic value of Websol Energy System Ltd as on 14 November 2024 is ₹278.78, which is 77.22% lower than the current market price of ₹1,224.00.

What is the Market Cap of Websol Energy System Ltd?

The Market Cap of Websol Energy System Ltd is 5,318 Cr..

What is the current Stock Price of Websol Energy System Ltd as on 14 November 2024?

The current stock price of Websol Energy System Ltd as on 14 November 2024 is ₹1,224.

What is the High / Low of Websol Energy System Ltd stocks in FY 2024?

In FY 2024, the High / Low of Websol Energy System Ltd stocks is 1,646/185.

What is the Stock P/E of Websol Energy System Ltd?

The Stock P/E of Websol Energy System Ltd is 98.4.

What is the Book Value of Websol Energy System Ltd?

The Book Value of Websol Energy System Ltd is 43.4.

What is the Dividend Yield of Websol Energy System Ltd?

The Dividend Yield of Websol Energy System Ltd is 0.00 %.

What is the ROCE of Websol Energy System Ltd?

The ROCE of Websol Energy System Ltd is 14.3 %.

What is the ROE of Websol Energy System Ltd?

The ROE of Websol Energy System Ltd is 6.40 %.

What is the Face Value of Websol Energy System Ltd?

The Face Value of Websol Energy System Ltd is 10.0.