Websol Energy System Limited (WEBELSOLAR) - Net Assets
Based on the latest financial reports, Websol Energy System Limited (WEBELSOLAR) has net assets worth Rs3.91 Billion INR (≈ $42.33 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.09 Billion ≈ $76.66 Million USD) and total liabilities (Rs3.17 Billion ≈ $34.33 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible net worth ratio of Websol Energy System Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.91 Billion |
| % of Total Assets | 55.21% |
| Annual Growth Rate | 17.07% |
| 5-Year Change | 44.54% |
| 10-Year Change | N/A |
| Growth Volatility | 95.15 |
Websol Energy System Limited - Net Assets Trend (2006–2025)
This chart illustrates how Websol Energy System Limited's net assets have evolved over time, based on quarterly financial data. See Websol Energy System Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Websol Energy System Limited (2006–2025)
The table below shows the annual net assets of Websol Energy System Limited from 2006 to 2025. For live valuation and market cap data, see Websol Energy System Limited (WEBELSOLAR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.78 Billion ≈ $30.07 Million |
+158.12% |
| 2024-03-31 | Rs1.08 Billion ≈ $11.65 Million |
-43.69% |
| 2023-03-31 | Rs1.91 Billion ≈ $20.69 Million |
-0.16% |
| 2022-03-31 | Rs1.92 Billion ≈ $20.72 Million |
-0.41% |
| 2021-03-31 | Rs1.92 Billion ≈ $20.80 Million |
+51.34% |
| 2020-03-31 | Rs1.27 Billion ≈ $13.75 Million |
+47.86% |
| 2019-03-31 | Rs859.71 Million ≈ $9.30 Million |
-4.28% |
| 2018-03-31 | Rs898.18 Million ≈ $9.71 Million |
+51.04% |
| 2017-03-31 | Rs594.67 Million ≈ $6.43 Million |
+129.03% |
| 2016-03-31 | Rs-2.05 Billion ≈ $-22.16 Million |
-5.06% |
| 2015-03-31 | Rs-1.95 Billion ≈ $-21.09 Million |
-36.84% |
| 2014-03-31 | Rs-1.42 Billion ≈ $-15.41 Million |
-109.09% |
| 2013-03-31 | Rs-681.51 Million ≈ $-7.37 Million |
-30.45% |
| 2012-03-31 | Rs-522.41 Million ≈ $-5.65 Million |
-128.71% |
| 2011-03-31 | Rs1.82 Billion ≈ $19.68 Million |
+17.14% |
| 2010-03-31 | Rs1.55 Billion ≈ $16.80 Million |
+60.08% |
| 2009-03-31 | Rs970.52 Million ≈ $10.50 Million |
+11.05% |
| 2008-03-31 | Rs873.99 Million ≈ $9.45 Million |
+304.26% |
| 2007-03-31 | Rs216.19 Million ≈ $2.34 Million |
+55.22% |
| 2006-03-31 | Rs139.28 Million ≈ $1.51 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Websol Energy System Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 208097800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs422.10 Million | 15.18% |
| Other Comprehensive Income | Rs2.07 Billion | 74.49% |
| Other Components | Rs2.37 Billion | 85.17% |
| Total Equity | Rs2.78 Billion | 100.00% |
Websol Energy System Limited Competitors by Market Cap
The table below lists competitors of Websol Energy System Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
|
$475.24 Million |
|
Coca-Cola Embonor S.A
SN:EMBONOR-B
|
$475.25 Million |
|
Integrated Service Technology
TWO:3289
|
$475.26 Million |
|
Shenzhen RoadRover Technology Co Ltd
SHE:002813
|
$475.52 Million |
|
Baotou Dongbao Bio-Tech Co Ltd
SHE:300239
|
$475.16 Million |
|
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
|
$475.08 Million |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
$475.06 Million |
|
Shenzhen Genvict Technologies Co Ltd
SHE:002869
|
$474.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Websol Energy System Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,077,194,000 to 2,780,500,000, a change of 1,703,306,000 (158.1%).
- Net income of 1,547,400,000 contributed positively to equity growth.
- Share repurchases of 160,300,000 reduced equity.
- New share issuances of 160,300,000 increased equity.
- Other comprehensive income increased equity by 160,326,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.55 Billion | +55.65% |
| Share Repurchases | Rs160.30 Million | -5.77% |
| Share Issuances | Rs160.30 Million | +5.77% |
| Other Comprehensive Income | Rs160.33 Million | +5.77% |
| Other Changes | Rs-4.42 Million | -0.16% |
| Total Change | Rs- | 158.12% |
Book Value vs Market Value Analysis
This analysis compares Websol Energy System Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.74x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs10.69 | Rs104.10 | x |
| 2007-03-31 | Rs16.60 | Rs104.10 | x |
| 2008-03-31 | Rs56.47 | Rs104.10 | x |
| 2009-03-31 | Rs125.41 | Rs104.10 | x |
| 2010-03-31 | Rs74.08 | Rs104.10 | x |
| 2011-03-31 | Rs82.82 | Rs104.10 | x |
| 2012-03-31 | Rs-23.78 | Rs104.10 | x |
| 2013-03-31 | Rs-31.02 | Rs104.10 | x |
| 2014-03-31 | Rs-64.85 | Rs104.10 | x |
| 2015-03-31 | Rs-88.74 | Rs104.10 | x |
| 2016-03-31 | Rs-93.24 | Rs104.10 | x |
| 2017-03-31 | Rs16.92 | Rs104.10 | x |
| 2018-03-31 | Rs25.55 | Rs104.10 | x |
| 2019-03-31 | Rs24.47 | Rs104.10 | x |
| 2020-03-31 | Rs37.49 | Rs104.10 | x |
| 2021-03-31 | Rs54.74 | Rs104.10 | x |
| 2022-03-31 | Rs57.66 | Rs104.10 | x |
| 2023-03-31 | Rs50.98 | Rs104.10 | x |
| 2024-03-31 | Rs26.70 | Rs104.10 | x |
| 2025-03-31 | Rs64.99 | Rs104.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Websol Energy System Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 55.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.89%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.85x
- Recent ROE (55.65%) is above the historical average (8.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 46.03% | 9.48% | 1.20x | 4.05x | Rs50.18 Million |
| 2007 | 39.01% | 8.05% | 1.15x | 4.20x | Rs62.72 Million |
| 2008 | 6.05% | 5.05% | 0.43x | 2.76x | Rs-34.55 Million |
| 2009 | 10.88% | 7.14% | 0.32x | 4.71x | Rs8.54 Million |
| 2010 | -1.93% | -1.75% | 0.35x | 3.11x | Rs-185.38 Million |
| 2011 | 1.00% | 0.98% | 0.30x | 3.41x | Rs-163.84 Million |
| 2012 | 0.00% | -160.22% | 0.31x | 0.00x | Rs-2.29 Billion |
| 2013 | 0.00% | -12.66% | 0.24x | 0.00x | Rs-90.95 Million |
| 2014 | 0.00% | -24.30% | 0.49x | 0.00x | Rs-600.96 Million |
| 2015 | 0.00% | -14.72% | 0.61x | 0.00x | Rs-328.66 Million |
| 2016 | 0.00% | -3.53% | 0.62x | 0.00x | Rs106.16 Million |
| 2017 | 133.43% | 26.80% | 0.92x | 5.40x | Rs733.99 Million |
| 2018 | 2.93% | 1.44% | 0.51x | 3.99x | Rs-63.48 Million |
| 2019 | -33.67% | -42.22% | 0.19x | 4.09x | Rs-375.43 Million |
| 2020 | 5.16% | 3.35% | 0.63x | 2.44x | Rs-61.52 Million |
| 2021 | 25.67% | 32.15% | 0.54x | 1.48x | Rs301.51 Million |
| 2022 | 5.05% | 4.54% | 0.75x | 1.49x | Rs-94.89 Million |
| 2023 | -12.37% | -137.46% | 0.06x | 1.40x | Rs-427.99 Million |
| 2024 | -112.29% | -467.77% | 0.07x | 3.27x | Rs-1.32 Billion |
| 2025 | 55.65% | 26.89% | 1.12x | 1.85x | Rs1.27 Billion |
Industry Comparison
This section compares Websol Energy System Limited's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $3,215,388,862
- Average return on equity (ROE) among peers: 18.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Websol Energy System Limited (WEBELSOLAR) | Rs3.91 Billion | 46.03% | 0.81x | $475.16 Million |
| BOROSIL RENEWABLES LIMITED (BORORENEW) | $6.24 Billion | 5.22% | 0.06x | $902.98 Million |
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | $464.90 Million | 23.85% | 3.47x | $9.85 Million |
| Premier Energies Limited (PREMIERENE) | $6.60 Billion | 35.06% | 4.39x | $5.16 Billion |
| Surana Solar Limited (SURANASOL) | $423.79 Million | 7.16% | 1.42x | $14.31 Million |
| Swelect Energy Systems Limited (SWELECTES) | $7.00 Billion | 3.09% | 0.29x | $104.44 Million |
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | $566.15 Million | 55.52% | 18.05x | $561.00 Million |
| Urja Global Limited (URJA) | $32.01 Million | 0.00% | 0.00x | $57.62 Million |
| Waaree Energies Limited (WAAREEENER) | $4.40 Billion | 17.20% | 4.09x | $9.54 Billion |
About Websol Energy System Limited
Websol Energy System Limited manufactures and sells solar photovoltaic (PV) cells and modules in India. The company was formerly known as Websol Energy Systems Ltd. and changed its name to Websol Energy System Limited in October 2011. The company was incorporated in 1990 and is based in Falta, India.