Industrials · Q1FY27 · Consolidated

Websol's 33.70% margin stands 19.06 points above sector median

The consolidated quarter included Rs 4.38 cr of other income and a 25.18% tax rate; results were filed after market close.

By Ashutosh

Filed 10 Aug 2026, 18:36 IST · after market close · Websol Energy System Ltd (WEBELSOLAR)

Key takeaways

  • Websol's consolidated operating margin of 33.70% was 19.06 percentage points above the Industrials median across 93 reported peers.
  • The consolidated quarter included Rs 4.38 cr of other income alongside Rs 103.97 cr of profit before tax, so earnings also had a non-operating contribution.
  • Consolidated net profit was Rs 77.79 cr after a 25.18% tax rate, with EPS at Rs 1.79.

Price around the results

Operating conversion was the key Q1FY27 read-through

Websol converted Rs 372.6 cr of consolidated revenue into Rs 125.58 cr of operating profit, giving a 33.70% operating margin. With no year-on-year or sequential comparison in the reported results, the quarter's main signal is the level of operating conversion rather than its direction.

Margin context is favourable against Industrials peers

Websol's 33.70% operating margin was 19.06 percentage points above the 14.64% median for 93 Industrials companies that had reported the same quarter. It ranked 89th from the bottom, placing it toward the upper end of the reported peer set.

Profit included both tax and non-operating effects

Profit before tax was Rs 103.97 cr after Rs 4.17 cr of interest and Rs 21.82 cr of depreciation. Other income added Rs 4.38 cr, while tax of Rs 26.18 cr was charged at a 25.18% rate before consolidated net profit reached Rs 77.79 cr.

Results were filed after the market close

Websol filed its consolidated Q1FY27 results after market close on 10 Aug 2026. The reported results do not yet include a post-results share-price reaction.

Q1FY27 at a glance

Consolidated figures as filed with NSE — cross-checked against an independent source.

Line itemQ1FY27
Revenue₹373 cr
Other income₹4 cr
Expenses₹247 cr
Operating profit₹126 cr
Operating margin (%)33.70%
Interest₹4 cr
Depreciation₹22 cr
Profit before tax₹104 cr
Tax₹26 cr
Net profit₹78 cr
EPS (₹)₹1.79

Operating margin of 33.70% compares with a Industrials sector median of 14.64% across 93 peers that have reported Q1FY27.

What to watch

  • Whether operating margin holds above 33.70% in the next reported quarter.
  • Whether other income remains close to Rs 4.38 cr or changes its contribution to profit before tax.
  • Whether the tax rate stays near 25.18%.