Rs 3 Lakh becomes Rs 2.76 Crore in 6 years; THIS multibagger stock hits upper circuit

Websol Energy System Ltd shares ended Monday, May 4, at the 5 per cent upper circuit on the NSE. The stock closed at Rs 116.19, up Rs 5.53, or 5.00 per cent, during the day.

The multibagger stock has seen a sharp re-rating over the past few years. It was trading at around Rs 1.25 in April 2020. The latest price implies a massive long-term rally, supported by improving fundamentals and sector tailwinds.

In the near term, the trend has been mixed but largely positive. The stock has surged 52.32 per cent in one month. It is up 31.49 per cent on a year-to-date basis, although it has declined 9.45 per cent over the past one year.

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Over a longer horizon, the returns remain striking. The stock has delivered 1,247.62 per cent returns in three years and 2,630.05 per cent in five years.

3 Lakhs becomes Rs 2.76 crore

The sharp rally has translated into strong wealth creation for investors.

Based on five-year returns of 2,630.05 per cent, an investment of Rs 1 lakh would have grown to about Rs 27.3 lakh (at Rs 116.19 per share)

If the investment amount was higher, the gains scale up proportionately. A Rs 3 lakh investment over the same five-year period would have surged to around Rs 81.9 lakh.

Looking at a six-year horizon (from around Rs 1.25 levels in April 2020 to Rs 116.19 now), the effective return is roughly 9,195 per cent. This means Rs 1 lakh would have grown to about Rs 92 lakh. A Rs 3 lakh investment over six years would be valued at roughly Rs 2.76 crore.

Similarly, a three-year return of 1,247.62 per cent would have turned Rs 1 lakh into roughly Rs 13.48 lakh.

Even in the short term, gains have been steep. A one-month return of 52.32 per cent would have increased Rs 1 lakh to about Rs 1.52 lakh. On a year-to-date basis, the investment would be valued at around Rs 1.31 lakh.

However, the one-year performance has been negative. A decline of 9.45 per cent would reduce Rs 1 lakh to around Rs 90,550.

Q4 FY26 earnings show strong growth

The company reported a robust operational performance for the March quarter.

As per exchange filing, Net profit rose to Rs 125 crore in Q4 FY26, up 157.9 per cent from Rs 48 crore in the year-ago period. Revenue increased 132.1 per cent to Rs 401 crore from Rs 173 crore.

EBITDA margin stood at 36.4 per cent for the quarter.

For the full financial year FY26, net profit came in at Rs 303 crore, up 95.8 per cent from Rs 155 crore in FY25. Revenue rose 82.4 per cent to Rs 1,049 crore.

However, EBITDA margin moderated slightly to 40.8 per cent from 43.9 per cent in the previous year.

Operationally, the company is expanding its technology capabilities. It has started upgrading one Mono PERC cell line to TOPCon technology. After commissioning, total cell capacity is expected to rise to 1.35 GW.

Cell Line-2 has been ramped up successfully. The overall cell capacity utilization stayed above 90%, while the module utilization was 74%.