Stock Near Rs 100: Vijay Kedia Buys 44,44,444 Shares In This Low PE, High ROCE Stock - Do You Own This?

On Monday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 0.72 per cent to close at 23,198.55. Amid the weak market sentiment, Websol Energy System share price traded at Rs 106.53, down 3.82 per cent. The stock remained in focus after Ace Investor Vijay Kishanlal Kedia made a fresh entry into the company.

Vijay Kedia Acquires 1.02 per cent Stake

According to the latest shareholding data, Vijay Kishanlal Kedia acquired a 1.02 per cent stake in Websol Energy System during the March 2026 quarter.

The investor held 44,44,444 equity shares at the end of the quarter. Based on the current market price of Rs 106.53, the value of the holding stands at approximately Rs 47.35 crore.

Websol Energy Shareholding Pattern

The company's promoter holding increased to 29.72 per cent in March 2026 from 27.71 per cent in the December 2025 quarter.

Foreign Institutional Investor (FII) holding stood at 4.12 per cent, compared with 5.40 per cent in the previous quarter. Domestic Institutional Investor (DII) holding remained largely stable at 0.32 per cent against 0.31 per cent in December 2025.

Investors should note that promoter share pledging remains high, with 89.4 per cent of the promoter holding currently pledged.

Websol Energy FY26 Financial Performance

Websol Energy System reported a sharp improvement in financial performance during FY26.

Revenue increased from Rs 575 crore in FY25 to Rs 1,049 crore in FY26, representing growth of over 82 per cent.

Net profit nearly doubled from Rs 253 crore in FY25 to Rs 429 crore in FY26, highlighting improved operating performance and execution during the year.

EBITDA increased from Rs 194 crore to Rs 359 crore, while earnings per share rose from Rs 3.67 to Rs 6.98 during the same period.

Websol Energy Valuation & Profitability

The stock currently trades at a P/E ratio of 15.2 times, which is significantly lower than the industry's average P/E of 27.8 times.

The company also reported a robust Return on Capital Employed (ROCE) of 63.2 per cent, indicating strong capital efficiency and profitability.

Websol Energy Share Price Performance

Despite witnessing some profit booking in the short term, Websol Energy System has delivered positive returns over longer investment horizons. The stock has declined 7.27 per cent over the past month, while generating a return of 10.47 per cent over the last six months. On a one-year basis, the stock has delivered a return of 21.39 per cent.

About Websol Energy 

Websol Energy System Ltd is one of India's established Solar photovoltaic cell and module manufacturers. The company is engaged in the production of solar cells and solar modules used in utility-scale, commercial and residential renewable energy projects.capitalise

The company operates manufacturing facilities focused on solar energy solutions and caters to both domestic and export markets. With increasing policy support for renewable energy, domestic manufacturing incentives and rising demand for solar power installations, the company is positioned to benefit from India's long-term clean energy transition.

Websol Energy has been expanding its manufacturing capabilities to capitalise on growing demand for locally manufactured solar equipment. The company's focus on operational efficiency, capacity enhancement and technology upgrades has contributed to its recent improvement in financial performance.

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Disclaimer: The article is for informational purposes only and not investment advice.