Turnaround Story: Revenue Surged by 61,900 per cent and Profits by Over 550 per cent in Q1 FY25: This Solar Stock Hits Upper Circuit Today!

575 per cent multibagger returns delivered by the company’s shares in just 1 year.

Websol Energy System Ltd is involved in manufacturing photovoltaic crystalline solar cells and related modules in India. The company specializes in producing solar cells and PV modules, which are utilized in commercial and industrial solar energy panels both in India and internationally.

At the start of the day's trading session, shares of Websol Energy System Ltd opened at Rs 735.75 per share, compared to the previous day's closing figure of Rs 700.75 per share on the BSE. Currently, the shares are at Rs 735.75 per share. The stock has hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 3105.33 crore, and the stock has generated an impressive multibagger return of over 575 per cent in the past 1 year.

As per the Quarterly Results, in Q1 FY25, Websol Energy System Ltd recorded a revenue of Rs 112 crore representing a gain of 61,900 per cent YoY. The operating profit for Q1 FY25 stood at Rs 44 crore with an operating profit margin of around 39 per cent. The net profit for Q1 FY25 was Rs 23 crore representing a gain of 558 per cent YoY compared to a loss of Rs 5 crore. Looking at the annual performance, the company generated a revenue of Rs 26 crore in FY24, compared to Rs 17 crore in FY23. The operating loss for FY24 was Rs 8 crore with a net loss of Rs 121 crore.

According to the shareholding pattern of Websol Energy System Ltd, promoters own a 27.71 per cent stake, while public investors hold 72.28 per cent. FIIs holds a 0.01 per cent stake in the company.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.