Financials Websol Energy System Limited NSE India S.E.

Equities

WEBELSOLAR

INE855C01015

Renewable Energy Equipment & Services

Delayed NSE India S.E. 05:15:43 24/05/2024 BST 5-day change 1st Jan Change
618 INR +2.05% Intraday chart for Websol Energy System Limited -1.88% +152.21%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 2,354 737.3 382.4 1,300 3,446 3,003
Enterprise Value (EV) 1 3,685 1,875 1,163 1,636 3,773 3,282
P/E ratio 118 x -2.54 x 6.48 x 2.16 x 32.3 x -12.3 x
Yield - - - - - -
Capitalization / Revenue 1.28 x 1.08 x 0.2 x 0.85 x 1.62 x 17.4 x
EV / Revenue 2.01 x 2.74 x 0.59 x 1.06 x 1.77 x 19.1 x
EV / EBITDA 22.2 x -9.75 x 22.7 x 4.89 x 14.4 x -26.3 x
EV / FCF -172 x 19 x -7.5 x 9.72 x -28 x 13 x
FCF Yield -0.58% 5.27% -13.3% 10.3% -3.57% 7.69%
Price to Book 2.62 x 0.86 x 0.3 x 0.68 x 1.8 x 1.57 x
Nbr of stocks (in thousands) 26,676 29,027 30,595 31,143 36,641 38,797
Reference price 2 88.25 25.40 12.50 41.75 94.05 77.40
Announcement Date 31/08/18 27/09/19 15/12/20 06/09/21 12/09/22 28/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,833 685.6 1,955 1,536 2,132 172.2
EBITDA 1 165.9 -192.3 51.27 334.6 261.6 -124.7
EBIT 1 2.1 -347.1 -100.5 183.9 111.2 -275.2
Operating Margin 0.11% -50.63% -5.14% 11.98% 5.21% -159.79%
Earnings before Tax (EBT) 1 26.43 -288.9 -128.3 692.5 138.4 -315.4
Net income 1 26.34 -289.5 65.6 678.4 96.7 -236.9
Net margin 1.44% -42.22% 3.35% 44.17% 4.54% -137.51%
EPS 2 0.7500 -10.01 1.930 19.30 2.910 -6.313
Free Cash Flow 1 -21.43 98.87 -155.1 168.4 -134.5 252.4
FCF margin -1.17% 14.42% -7.93% 10.96% -6.31% 146.51%
FCF Conversion (EBITDA) - - - 50.32% - -
FCF Conversion (Net income) - - - 24.82% - -
Dividend per Share - - - - - -
Announcement Date 31/08/18 27/09/19 15/12/20 06/09/21 12/09/22 28/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,331 1,138 781 336 327 279
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.022 x -5.917 x 15.22 x 1.003 x 1.25 x -2.239 x
Free Cash Flow 1 -21.4 98.9 -155 168 -135 252
ROE (net income / shareholders' equity) 3.56% -31% 5.23% 42.8% 5.29% -12.4%
ROA (Net income/ Total Assets) 0.04% -6.02% -1.9% 3.86% 2.44% -6.22%
Assets 1 67,707 4,806 -3,459 17,554 3,967 3,807
Book Value Per Share 2 33.70 29.60 41.50 61.80 52.30 49.30
Cash Flow per Share 2 0.0300 0.0300 0.1700 0.5300 1.030 0.0200
Capex 1 62.1 15.5 12.2 4.9 9.7 57.6
Capex / Sales 3.39% 2.26% 0.62% 0.32% 0.45% 33.43%
Announcement Date 31/08/18 27/09/19 15/12/20 06/09/21 12/09/22 28/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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