| Revenue growth | 53.23% YoY in Q1FY27. |
|---|---|
| Margins | EBITDA Margin at 18.77% for Q1FY27 vs 19.49% YoY. |
| Order book | ₹2,600 Cr+ EPC (Solar+BESS) and ₹2,700 Cr+ T&D. |
| Demand visibility | Strong; backed by ₹5,300 Cr consolidated unexecuted order book. |
| Management confidence | High; citing massive tailwinds in solar and energy transition markets. |
Growth
Q1FY27 Consolidated Revenue grew 53.23% YoY to ₹924.25 Cr; PAT increased 37.70% YoY to ₹118.97 Cr.
Outlook
Unexecuted order book stands at ₹5,300 Cr+; target to achieve ~280GW solar capacity in India by 2030.
Risks
Dependence on government policies (ALMM/VGF) and potential project execution delays in large-scale utility projects.
Last quarter's promises, checked
Delivered
- Guided 12-15 month execution of 2.8GW book → On track with strong Q1FY27 revenue growth (= BEAT)
- Guided EBITDA margin around 15% → Delivered 18.77% in Q1FY27 (= BEAT)
- Guided IPP capacity expansion to 270MW+ → Commissioning on track via CWIP capitalization (= BEAT)
Partly delivered
- Guided 36GW pipeline conversion → Order book grew to ₹5,300 Cr but specific MW conversion rate not disclosed (= PARTIAL)
Investor Presentation filed with NSE, NSE: WAAREERTL. Summary written with AI assistance from the document.
Waaree Renewable Technologies Ltd: key numbers
- Share price
- ₹813.00
- Market cap
- ₹8,486 Cr
- Revenue (annual)
- ₹3,331 Cr
- Net profit (annual)
- ₹478.7 Cr
- P/E (TTM)
- 16.7×Sector 24.7×
- Promoter holding
- 74.32%+0.00% QoQ
- FII holding
- 1.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Waaree Renewable Technologies Ltd
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- Value
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- Execution
- During the financial year 2027-28