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Financial Results · Q4 FY26

Waaree Energies Q4 FY26 Results: Net Profit ₹1,126 Cr, Up 74.8% YoY

Waaree Energies Ltd reported revenue from operations of ₹8,480 Cr (+111.8% YoY) and net profit of ₹1,126 Cr (+74.8% YoY) for Q4 FY26.

Q4 FY26 at a glance · ₹ crore
MetricQ4 FY26Q3 FY26Q4 FY25
Revenue from operations8480.27565.14003.9
Other income179.7196.2137.0
Total income8660.07761.14140.9
Profit before exceptional items & tax1408.01763.8849.5
Exceptional items0.0-294.8-4.0
Profit before tax1408.01469.0845.5
Net profit1126.31106.8644.5
Operating margin16.3%18.9%20.4%

A dash means the filing did not report that period; n/m means not meaningful (margin on near-zero revenue). Growth is not shown when either period was a loss. Operating profit excludes other income.

Growth
Net profit, year on year+74.80%
Net profit, quarter on quarter+1.80%
Revenue, year on year+111.80%
Source

BSE results filing, NSE: WAAREEENER. Figures extracted from the filing.

Read the filing ↗

Waaree Energies Ltd: key numbers

Share price
₹2,495.00
Market cap
₹71,769 Cr
Revenue (annual)
₹26,537 Cr
Net profit (annual)
₹3,711 Cr
P/E (TTM)
18.8×Sector 45.9×
Promoter holding
64.12%-0.07% QoQ
FII holding
8.57%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Waaree Energies Annual General Meeting

The 36th AGM of Waaree Energies Ltd concluded, passing all resolutions, including financial statement adoption, dividend declaration, and director appointments.

15:57 IST BSE
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Waaree Energies Capacity Expansion

Waaree Energies' subsidiary, WCES, has entered the specialty gases market to supply semiconductor and solar cell manufacturers. A new manufacturing plant is being established at GIDC Saykha, Gujarat.

20:09 IST BSE
Acquisition

Waaree Energies Acquisition

Waaree Energies approved a scheme of amalgamation with Indosolar Limited, aiming to simplify group structure through a share swap ratio of 1:11.

14:54 IST BSE
New Order Win

Waaree Energies Bags New Order from Leading domestic solar developer

Waaree Energies received a new order for 2 GW solar modules from a leading domestic solar developer. Delivery spans FY 2026-27 and 2027-28; no monetary value was disclosed.

From
Leading domestic solar developer (name undisclosed due to confidentiality)
Execution
FY 2026-27 and 2027-28
solar module supply
2 GW
19:11 IST BSE
New Order Win

Waaree Energies Bags New Order from Renowned customer

Waaree Energies Ltd received an order to supply 2 GW of solar modules to a leading solar developer. The order will be executed over two financial years.

From
Renowned customer (leading solar developer)
Execution
FY 2026-27 & 2027-28
solar modules supply
2.0 GW
10:28 IST BSE
Promoter Buying (Off-Market)

Waaree Energies Promoter Buying (Off-Market)

C.T. Doshi Family Trust reported an indirect acquisition of an 18.34% stake in Waaree Energies Limited via an inter se gift. The transaction facilitates intergenerational wealth transfer.