Waaree Renewable Technologies Limited (WAAREERTL) — Financial Results Announcement

· NSE 🔴 High Importance Neutral
Revenue: ₹3,331.42 CrNet Profit: ₹478.65 Cr
📢 Key Event
Waaree Renewable Technologies reported FY2026 revenue of ₹3,331.42 crores and PAT of ₹478.65 crores with strong YoY growth.
🔄 What Changed
Revenue grew 108.51% YoY to ₹3,331.42 crores and PAT grew 109.09% YoY to ₹478.65 crores, with EBITDA maintained above 19% margin.
🔮 What's Next
Management expects continued growth driven by government renewable push, with new orders likely in upcoming quarters and pipeline of 36 GW including 23 GW domestic and 12 GW international.
💡 Investor Takeaway
Strong revenue and PAT growth with healthy margins indicate robust execution and order book momentum, supporting long-term growth in India's renewable sector.

Waaree Renewable Technologies reported FY2026 revenue of **₹3,331.42 crores** (108.51% YoY growth) and PAT of **₹478.65 crores** (109.09% YoY growth), driven by 2,727 MW project execution and a 2.83 GW order book. EBITDA reached **₹641.10 crores**, with margins sustained above 19% despite project mix pressures. Management highlighted solar's 82% share of capacity additions and BESS opportunities, while addressing margin stability, order book dynamics, and IPP strategy. Cash flow timing impacted FY26 performance, but no major payment delays were noted.

📄 View Original Announcement (PDF)

About Waaree Renewable Technologies Limited (WAAREERTL)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹9,833.55 Cr P/E: 20.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.