Shares of the company were trading at Rs 128.31 apiece on Wednesday morning. Notably, the stock has rallied a whopping 155% in less than two months, after hitting a 52-week low of Rs 50.40 per share on March 9 this year.
Websol Energy’s strong Q4 earnings
The company, on Monday, released its results for the January-March quarter of FY2026. Net profit soared 158% YoY to Rs 125 crore in Q4 FY26 from Rs 48 crore in Q4 FY25. The firm’s revenue from operations, meanwhile, zoomed 132% to Rs 401 crore during the quarter under review, from Rs 173 crore in the corresponding quarter of the previous financial year.
Sequentially, the solar module-maker’s net profit grew 92% from the Rs 65 crore reported in the October-December quarter of the same financial year. Revenue grew 54% quarter-over-quarter (QoQ).
India’s solar manufacturing sector continues to benefit from strong structural tailwinds, including ambitious renewable capacity targets, supportive government policies such as PLI and ALMM, and increasing domestic demand for high-efficiency solar products, Websol said in a media release. “With a strengthened manufacturing base, improving utilisation levels, and a clear roadmap for expansion and integration, Websol is well positioned to capitalise on these opportunities,” the release added.
Commenting on the performance, Managing Director Sohan Lal Agarwal said ‘FY26 has been a landmark year for Websol as the commissioning of Cell Line-2 not only enhanced the company’s capacity but also reinforced the core strength of the business.
Vijay Kedia buys Websol Energy shares
The stock recently grabbed headlines after the latest data on the company’s shareholding pattern showed that ace investor Vijay Kedia purchased shares of the company.Vijay Kedia was one of the largest public individual shareholders in the company, after Amit Mishra, according to data on Websol’s shareholding pattern as of March 31, 2026. Notably, Kedia’s name did not appear in the company’s shareholding data as of March 13, which was published following a preferential allotment of warrants after a stock split.
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At the stock’s previous closing price of Rs 122.20 apiece on NSE, Kedia’s holding of 44.44 lakh shares would be worth more than Rs 54 crore. The exact price at which the veteran market investor may have bought the shares is unknown. Also, it is important to note that companies are required to disclose shareholders’ names in the shareholding pattern only when their total stake crosses 1%. This means that it is not possible to ascertain whether Kedia added the stock to his portfolio in March or simply bought more shares to his existing holding.
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