Waaree Renewable Technologies Q2 FY27: PAT ₹118.97 Cr & Rev ₹924.25 Cr

Metric	Value
Revenue	₹924.25 Cr
Net Profit (PAT)	₹118.97 Cr

📢 Key Event
Waaree Renewable Technologies acquired 55% of Associated Power Structures for INR2,600 crores to enter transmission and distribution infrastructure, financing 75% through debt.

🔄 What Changed
INR5,300 crores order book with 27 GW domestic solar pipeline; 37.7% PAT growth; 53.23% revenue growth YoY; 75% debt financing for acquisition; standalone EBITDA margin target of ~15% for FY27.

🔮 What's Next
Targeting ~15% EBITDA margins by FY27; plans to execute INR5,300 crores order book over 12-15 months; ongoing capability building for data centers and BESS; expects margin improvement through operational synergies despite debt-related pressure.

💡 Investor Takeaway
The acquisition expands Waaree into T&D infrastructure with debt financing, aiming for margin improvement by FY27 while managing integration risks and execution timelines for large orders.

Waaree Renewable Technologies reported INR924.25 crores revenue (53.23% YoY growth) and INR118.97 crores PAT (37.7% YoY growth) in Q1 FY27, driven by a 55% acquisition of Associated Power Structures for INR2,600 crores (75% debt financed) to enter T&D infrastructure. The company holds a total INR5,300 crores order book with 27 GW domestic and 10 GW international solar pipeline, targeting ~15% EBITDA margins by FY27 while managing debt-related margin pressure. Operational capacity supports 5 GW annual projects with clearances, and BESS orders of INR200 crores remain unexecuted but margin-aligned.

📄 View Original Announcement (PDF)

📊 Stock Analysis — WAAREERTL ✨ Ask AI About This

About Waaree Renewable Technologies Limited (WAAREERTL)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹9,833.55 Cr P/E: 20.5

View full WAAREERTL stock details →

📡 Get AI alerts when WAAREERTL files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track WAAREERTL — Free

💡 Ask AI about this filing

"How will the INR2,600 Cr debt component impact consolidated profitability?" "What is the expected timeline for executing the INR20,000 Cr T&D order pipeline?" "How does the company plan to maintain margins amid rising interest costs from debt?"

Ask AI Free →

📊 More WAAREERTL filings

See all WAAREERTL filings →

🔥 Also filed on 30 July 2026

PARADEEP Paradeep Phosphates Limited Financial Results SYRMA Syrma SGS Technology Limited Offer Document AJANTPHARM Ajanta Pharma Limited Corporate Action GATEWAY Gateway Distriparks Limited Corporate Action AYMSYNTEX AYM Syntex Limited Announcement GILLETTE Gillette India Limited Corporate Action

View all today's announcements →

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when WAAREERTL files new disclosures

Track WAAREERTL filings, board meetings, and corporate actions. Free email alerts at 5 PM.