WEBSOL ENERGY SYSTEM LTD CMP: 125.7

Websol Energy is in the Miscellaneous sector. The current market capitalisation stands at Rs 276.20 crore.

The company management includes S L Agarwal - Managing Director & CEO, S Jhunjhunwala - Whole Time Director & Compliance Officer, D Sethia - Independent Director, P Kaushik - Independent Director. 

1) Sales of the company increase from 77.87 to 95.44 and Net profit from 5.2 to 73.05 crore (had an other income of 74.17 crore). FY17 EPS stands at 33.23

2) Company trading at only 3.34 PE

3)Non current liabilities reduced from 271 crore to 96 crore and current liabilities from 453 to 320 crore

4) Company has increased it's production capacity from 100 to 200 MW

5) Allotment Of 783,777 Equity Shares Of Rs. 10/- Each Of Websol Energy System Limited To The Foreign Currency Convertible Bond Holder Upon Exercise Of Their Option To Convert Into Equity Shares Of The Company.

GST rate for solar panels will be 5% as against 18% specified earlier and government focus on power generation through solar energy could make a disruption in the future and benefit the company immensely.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”