Winsol Engineers Share Price Rises 4% After Securing ₹39 Crore Order from NTPC

Winsol Engineers Limited, a micro-cap renewable energy company, saw its stock price climb nearly 4% after winning a new order in Gujarat. The order is related to transmission line work under the NTPC REL 300 MW project at Bhuj.

Let’s understand what this means for the company and why investors are taking note.

Winsol Engineers Share Price in Focus After Getting New Order

Winsol Engineers received a Letter of Intent (LOI) for two work orders valued at a total of ₹39.25 crore. This includes:

• ₹35.40 crore for single stringing in double circuit towers
• ₹3.85 crore for single stringing in multi-circuit towers

This project is expected to be completed by March 2026 and will contribute significantly to the company’s revenue and order book.

Winsol Engineers Share Price Movement and Market Cap

Following the order news, the company’s stock reached an intraday high of ₹208.70, up from its previous close of ₹201.10. Later, at 2:05 PM, the stock settled at ₹209.55 per share.

Winsol Engineers’ market capitalisation stands at ₹240.74 crore, placing it in the micro-cap segment of the stock market.

What Does Winsol Engineers Do?

Founded in 2015 and based in Jamnagar, Gujarat, the company specializes in Balance of Plant (BoP) solutions for renewable energy projects. This includes engineering, procurement, construction (EPC), and maintenance services for both wind and solar power installations.

Its work covers:

• Foundation and civil work
• Electrical substations
• Cabling to substations and power grids

Project Experience and Financials

• 55+ projects completed since 2018 (worth over ₹170 crore)
• 41 projects ongoing as of March 2024 (worth ₹120 crore)
• Employee strength: 200+ engineers and technicians

In H2 FY25, Winsol’s revenue increased by 64.29% to ₹69 crore compared to ₹42 crore in H2 FY24. Net profit, however, remained steady at ₹5 crore.

Over the last 3 years:

• Revenue CAGR: 22.09%
• Net Profit CAGR: 122.4%

What Should Investors Know About Winsol Engineers Share Price?

• ROCE: 36.2%
• ROE: 34.5%
• EPS: ₹9.83
• Debt-to-Equity: 0.33x

Should Investors Keep an Eye on This Stock?

Winsol’s strong order book, consistent revenue growth, and high return ratios suggest the company is well-positioned in the renewable energy space. While it remains a small player, its expanding footprint in transmission infrastructure could attract more institutional interest.

Conclusion

Winsol Engineers Limited is showing promising signs of growth through its new order wins and improving financial performance. While still a micro-cap, the company’s growing presence in India’s renewable energy space makes it an interesting stock to watch.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to change. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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