| Revenue growth | 84% YoY for FY26; 111% YoY for Q4. |
|---|---|
| Margins | Operating EBITDA margin 22.27% FY26; long-term target 19-20%. |
| Order book | ₹53,000 crores; 65-70% from overseas markets. |
| Demand visibility | Robust; 100+ GW pipeline and multi-decadal BESS runway. |
| Management confidence | High; citing Waaree 2.0 transition and global supply chain de-risking. |
Growth
FY26 Revenue grew 84% to ₹26,537cr; PAT doubled to ₹3,884cr. Q4 Revenue rose 111% YoY.
Outlook
FY27 EBITDA guidance ₹7,000-7,700cr. ₹30,000cr total capex planned for full-stack energy transition capabilities.
Risks
Commodity price spikes (silver/copper) and Red Sea logistics congestion impacted Q4 margins and exports.
Earnings Call filed with NSE, NSE: WAAREEENER. Summary written with AI assistance from the document.
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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- From
- Leading domestic solar developer (name undisclosed due to confidentiality)
- Execution
- FY 2026-27 and 2027-28
- solar module supply
- 2 GW
Waaree Energies Bags New Order from Renowned customer
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- From
- Renowned customer (leading solar developer)
- Execution
- FY 2026-27 & 2027-28
- solar modules supply
- 2.0 GW
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