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Company Strategy and Expansion...
Websol is executing a major 4 GW expansion of its solar cell and module manufacturing capacity.
Once complete this will bring its total capacity to 5.2 GW.
The company is prioritizing cell manufacturing over modules due to its 30 years of expertise, the higher technological complexity of cells and a significant domestic supply demand gap. Financial Outlook and Guidance...
FY26 Revenue Expected to double from FY25 i.e., 575 crores with next quarter revenue guided at 500 to 600 crores.
Margins... The strong Q1 margin of 47 percent is considered sustainable in the near term due to high demand but may soften as industry wide new capacities come online.
Long term Revenue FY28... While not giving an exact figure management confirmed that the 4 GW expansion will significantly boost revenue though pricing will be a key factor. Operational Updates...
A new 600 MW solar cell line in West Bengal has begun commercial production and is expected to reach 90 to 95 percent utilization by the end of the month.
The company is empanelled in the ALMM framework. Funding the Growth...
The large capex will be funded through a mix of internal accruals debt and equity
The company aims to minimize debt currently at around 89 crores and will use internal funds and potential equity raises for the next phase. ( 223 days ago )
  MatSidd  1 followers
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