| Revenue growth | H1 FY27 Revenue ₹1,982 Cr |
|---|---|
| Margins | FY26 EBITDA 19.24%, PAT 14.37% |
| Order book | ₹5,500 Cr+ (₹3,300 Cr EPC, ₹2,200 Cr T&D) |
| Demand visibility | Strong; 280GW solar target and PM Surya Ghar scheme |
| Management confidence | High; citing supportive GOI policies and massive tailwinds |
Growth
H1 FY27 revenue reached ₹1,982 Cr; historical FY23-26 revenue CAGR stands at 111.73% with 19.24% EBITDA margin.
Outlook
Order book of ₹5,500 Cr+; targeting 280GW solar capacity by 2030; expanding T&D manufacturing capacity to 208,000 MTPA.
Risks
Structural margin differences in T&D vs solar EPC; competitive bidding processes; execution timelines for large-scale projects.
Last quarter's promises, checked
Delivered
- Execute ₹5,300 Cr order book → H1 revenue ₹1,982 Cr (= BEAT)
- H1 FY27 revenue growth target → Delivered 53.23% growth in Q1 (= BEAT)
- Maintain standalone EBITDA margin (approx 19%) → FY26 EBITDA 19.24% (= BEAT)
Partly delivered
- Maintain overall margin at 15% with APSPL → FY26 PAT 14.37% (= PARTIAL)
Investor Presentation filed with BSE, NSE: WAAREERTL. Summary written with AI assistance from the document.
Waaree Renewable Technologies Ltd: key numbers
- Share price
- ₹672.60
- Market cap
- ₹7,021 Cr
- Revenue (annual)
- ₹3,331 Cr
- Net profit (annual)
- ₹478.7 Cr
- P/E (TTM)
- 15.1×Sector 21.0×
- Promoter holding
- 74.30%-0.02% QoQ
- FII holding
- 2.02%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Waaree Renewable Technologies Ltd
All →Waaree Renewable Technologies Bags New Order from A leading Independent Power Producer Company
Waaree Renewable Technologies received a 450 MWp solar EPC order from an unnamed IPP. Completion is scheduled for FY 2027-28.
- From
- A leading Independent Power Producer (IPP) Company
- Execution
- FY 2027-28
- solar power project EPC capacity
- 450 MWp
Waaree Renewable Technologies Order Update
Waaree Renewable Technologies revised scope and capacity under two solar EPC Letters of Award. Aggregate capacity under the awards stands at 800 MWac / 1,109 MWp.
- Execution
- Scheduled completion during financial year 2027-28, as per the terms of the order
- solar PV capacity under EPC LoAs
- 800.0 MWac
Waaree Renewable Technologies Earnings Call Transcript: Key Takeaways
Revenue grew 36.5% YoY, but execution slowed significantly this quarter due to developer-led land and connectivity delays.
Waaree Renewable Technologies Results Update
Waaree Renewable Technologies reported Q2 FY27 revenue of Rs. 1,057.84 Crore and PAT of Rs. 81.48 Crore. The unexecuted order book remains strong at Rs. 5,500 Crore.
Waaree Renewable Technologies Q2 FY27 Results: Net Profit ₹81.5 Cr, Down 30.0% YoY
Waaree Renewable Technologies Ltd reported revenue from operations of ₹1,058 Cr (+36.5% YoY) and net profit of ₹81.5 Cr (-30.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹81.5 Cr · -30.0% YoY
Waaree Renewable Technologies Order Update: ₹22 Cr
Waaree Renewable Technologies reported an amendment to an existing commercial order, enhancing the scope by approximately ₹22 Crore. All other contract terms remain unchanged.
- Value
- ₹22.00 Cr
- From
- Leading Renewable Energy Company