Websol Energy System Limited

Manufacturer of high-quality solar cells and modules for various applications, with a focus on export market.

1990 | Kolkata, West Bengal (India) | Active
Last Updated:

Websol Energy System Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 42.21 Cr
  • Company Age 35 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 179.20 Cr
  • Satisfied Charges ₹ 1,460.42 Cr
  • Revenue Growth -90.71%
  • Profit Growth -344.94%
  • Ebitda -148.74%
  • Net Worth -0.16%
  • Total Assets -6.58%

About Websol Energy System

Websol Energy System Limited (WESL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 1990 and has a history of 35 years. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517498 and on the National Stock Exchange(NSE) under WEBELSOLAR.

The Corporate was formerly known as Websol Energy Systems Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 42.21 Cr.

The company currently has active open charges totaling ₹179.20 Cr. The company has closed loans amounting to ₹1,460.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Websol Energy System Limited India are Raju Sharma as COMPANY SECRETARY and Sanjana Khaitan as Cfo. Sohan Agarwal, Sreeram Vasanthi, Vishal Patodia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    webelsolar.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29307WB1990PLC048350

  • Company No.

    048350

  • Stock Symbol

    BSE : 517498 NSE : WEBELSOLAR

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1990

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Energy and Power

Who are the key members and board of directors at Websol Energy System?

Executive Team (3)

NameDesignationAppointment DateStatus
Sohan Agarwal Country flag representing In Managing Director25-Sep-1992Current
Raju Sharma Country flag representing In Company Secretary02-Apr-2024Current
Sanjana Khaitan CFO05-Sep-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Sreeram Vasanthi Country flag representing In Director 01-Dec-2011Current
Vishal Patodia Country flag representing In Director 18-Apr-2022Current
Prateek Kaushik Country flag representing In Director 11-Feb-2015Current
Sanjana Khaitan Country flag representing In Director 21-Sep-2023Current
Kushal Agarwal Country flag representing In Director 03-Aug-2023Current

Financial Performance of Websol Energy System.

Websol Energy System Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 90.71% decrease. The company also saw a substantial fall in profitability, with a 344.94% decrease in profit. The company's net worth dipped by a decrease of 0.16%.

Websol Energy System revenue growth over time
Websol Energy System profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-90.71%
Revenue from Operations
-91.92%
Total Assets
-6.58%
Profit or Loss
-344.94%
Net Worth
-0.16%
EBITDA
-148.74%

What is the Ownership and Shareholding Structure of Websol Energy System?

In 2022, Websol Energy System had a promoter holding of 25.37% and a public holding of 74.62%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹179.20 Cr

Satisfied Charges

₹1,460.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 179.20 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2023Others₹179.20 CrOpen
31 Dec 2019Others₹80.00 CrSatisfied
19 Sep 2019Others₹13.82 CrSatisfied
24 Aug 2019Others₹24.29 CrSatisfied
06 Sep 2018Others₹30.00 CrSatisfied

How Many Employees Work at Websol Energy System?

Websol Energy System has a workforce of 227 employees as of Mar 23, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Websol Energy System Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Websol Energy System, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Websol Energy System's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Websol Energy System

Recent activity within the organization

  • Director Appointment

    Raju Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 02 Apr 2024 & has been associated with this company since 11 months 1 day .

  • Annual General Meeting

    Websol Energy System Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 179.20 Cr with Charge ID 100726342 was registered on 31 May 2023.

  • Balance Sheet

    Websol Energy System Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge registered on 20 Feb 1995 via Charge ID 90253588 with Allahabad Bank was fully satisfied on 24 Mar 2023.

  • Charges

    A charge registered on 31 Mar 2012 via Charge ID 10355983 with Others was fully satisfied on 17 Feb 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Websol Energy System Limited?

    Websol Energy System Limited was incorporated on 08 Feb 1990.

  • What is authorized share capital and paid-up capital of Websol Energy System Limited?

    The authorized share capital of Websol Energy System Limited is ₹ 60.00 Cr and paid-up capital is ₹ 42.21 Cr.

  • Who are the current board members & directors of Websol Energy System Limited?

    Currently 8 directors are associated with Websol Energy System Limited.

    • Sohan Lal Agarwal
    • Sreeram Vasanthi
    • Vishal Patodia
    • Prateek Kaushik
    • Sanjana Khaitan
    • Kushal Agarwal
    • Raju Sharma
    • Sanjana Khaitan

  • What is the registered address of Websol Energy System Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Websol Energy System Limited is Plot No. 849 Block P, 48 Pramatha Choudhary Sarani 2Nd Floor New Alipore, Kolkata, West Bengal, India, 700053.

  • What is the corporate identification number (CIN) and company number of Websol Energy System Limited?

    The corporate identification number (CIN) of Websol Energy System Limited is L29307WB1990PLC048350 and the company number is 048350 as per Ministry of Corporate Affairs (MCA).

  • Is Websol Energy System Limited registered with any stock exchange in India?

    Yes, Websol Energy System Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): WEBELSOLAR.

  • What is the official website of Websol Energy System Limited?

    The Official website of Websol Energy System Limited is https://www.webelsolar.com

  • What has been the recent revenue trend for Websol Energy System Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Websol Energy System Limited has fallen by -90.71%.

  • How many employees does Websol Energy System Limited currently have?

    As Per 2023 financial reports, 227 employees are currently employed by Websol Energy System Limited.

  • What change has been observed in the net worth of Websol Energy System Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Websol Energy System Limited has experienced an downturn of -0.16%.

  • What are the total open charges for Websol Energy System Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Websol Energy System Limited amount to ₹ 179.20 Cr.

  • When was the last Balance Sheet of Websol Energy System Limited filed with the ROC?

    The most recent Balance Sheet for Websol Energy System Limited was filed with the ROC on 31 Mar 2023.

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