| 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
- ₹2,500.00
- Market cap
- ₹71,913 Cr
- Revenue (annual)
- ₹26,537 Cr
- Net profit (annual)
- ₹3,711 Cr
- P/E (TTM)
- 19.5×Sector 44.3×
- Promoter holding
- 64.12%+0.00% QoQ
- FII holding
- 8.57%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Waaree Energies Ltd
All →Waaree Energies Price Movement Clarification
Waaree Energies clarified a Moneycontrol report on US trade filings, saying it concerns an industry-wide investigation with no new penalty or financial impact. The company says the order book rationalisation was previously disclosed and is unrelated to the proceeding.
Waaree Energies Other Announcement
Waaree Energies disclosed an ESG rating of 68.61 ("Leader") from Niche99 ESG Ratings, assigned without company engagement. This routine compliance intimation carries no financial impact.
Waaree Energies Acquisition Worth ₹5 Cr
Waaree Energies Ltd will acquire a 33.34% stake in Wictor Sealz Private Limited. The company will also make a further investment of ₹5 Crore.
- Value
- ₹5.00 Cr
Waaree Energies Production Started
Waaree Solar Americas commenced commercial production of 1.6 GW solar modules at Brookshire, Texas. Total facility capacity now stands at 3.2 GW.
- solar module manufacturing capacity
- 1600 MW
Waaree Energies Legal & Regulatory
Waaree Energies disclosed GPCB's January 2026 closure direction for its Degam solar cell plant, since revoked and extended. Interim compensation and bank guarantees total ₹0.17 Crore.
- Value
- ₹0.17 Cr
Waaree Energies Acquisition Worth ₹0.01 Cr
Waaree Energies is acquiring 100% of Waaree Green Data Centers for Rs.0.01 Crore cash, entering data centres. The target has not commenced operations and no revenue is reported.
- Value
- ₹0.01 Cr
- Execution
- Financial Year 2026-27