ALFA Finder| Revenue growth | 79.2% YoY growth in Q1FY27. |
|---|---|
| Margins | EBITDA margin at 18.2%; PAT margin at 11.0%. |
| Order book | ₹61,500 Cr as of July 28, 2026. |
| Demand visibility | Strong, backed by a ₹61,500 Cr order book. |
| Management confidence | High, reaffirmed ₹7,000-7,700 Cr EBITDA guidance. |
Growth
Revenue grew 79.2% YoY; Operating EBITDA up 44.4% YoY to ₹1,440 Cr. Q1FY27 EBITDA margin stands at 18.2%.
Outlook
FY27 EBITDA guidance reaffirmed at ₹7,000–7,700 Cr. Massive ₹31,497 Cr capex planned for 1.0 to 2.0 transition.
Risks
Exposure to international market economies, competition, and dependency on solar value chain backward integration timelines.
Last quarter's promises, checked
Delivered
- FY26 EBITDA ₹5,500–6,000 Cr → delivered ₹6,617 Cr (= BEAT)
- Commission 3 GW module capacity in April 2026 → delivered 3 GW (= BEAT)
- Maintain healthy ROCE/ROE → delivered 32.4%/29.0% (= BEAT)
Partly delivered
- Planned ₹30,000 Cr capex → ₹9,450 Cr deployed (= PARTIAL)
Missed
- Guided 19%-20% long-range EBITDA margin → delivered 18.2% (= MISS)
Investor Presentation 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.
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- Value
- ₹5.00 Cr
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- 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
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- Value
- ₹0.01 Cr
- Execution
- Financial Year 2026-27