ALFA Finder| Revenue growth | 79.2% YoY growth in Q1 FY27. |
|---|---|
| Margins | EBITDA margin 18.2%; integration to 65% expected to lift margins. |
| Order book | INR 61,500 Cr; INR 16,000 Cr won in Q1. |
| Demand visibility | Strong; order book at INR 61,500 Cr. |
| Management confidence | High, citing record order book and structural tailwinds. |
Growth
Revenue grew 79.2% YoY; EBITDA increased 44.4% YoY to INR 1,440 Cr; module volumes surged 89% to 3.6 GW.
Outlook
Reaffirmed FY27 EBITDA guidance of INR 7,000-7,700 Cr. Planning INR 31,500 Cr total capex for backward integration.
Risks
Rising global raw material costs and trade/clearance delays for US exports impacted margins in Q1.
Last quarter's promises, checked
Delivered
- FY26 EBITDA Guide INR 5,500-6,000 Cr → delivered INR 6,617 Cr (= BEAT)
- FY26 Revenue Growth Guide 84% → delivered 83.7% (= BEAT)
- Module manufacturing capacity target 26 GW → delivered 26 GW (= BEAT)
Partly delivered
- FY27 EBITDA Guide INR 7,000-7,700 Cr → Reaffirmed in Q1 FY27 (= PARTIAL)
Missed
- Q4 FY26 EBITDA Margin Guide ~25% → delivered 18.5% (= MISS)
Investor Presentation filed with BSE, 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.
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