| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 4.4K | 10.5% |
| Total Income | 4.6K | 11.0% |
| Expenditure | 3.7K | 11.0% |
| PBT | 943.36 | 11.6% |
| Net Profit | 772.89 | 19.9% |
| OPM | 22.53% | 0.41pp |
| NPM | 16.81% | 1.25pp |
| EPS | 25.94 | 20.1% |
Waaree Energies Ltd Reports 31.48% YoY Growth in Q1 FY26 Total Income
28 Jul 2025 · 28 Jul 2025, 07:13 pm
Summary
Waaree Energies Ltd has reported a 31.48% YoY growth in total income for Q1 FY26. The EBITDA for the quarter was up by 82.61% YoY and PAT was up by 92.68% YoY. The company has an order book of ~25 GW, valued at ~X49k Cr. The highlights of the quarter include achieving the highest ever quarterly module production of 2.3 GW and reporting a quarterly revenue of ¥4,597.18 Cr.
Key Highlights
- 1
Achieved highest ever quarterly module production of 2.3 GW in Q1 FY26
- 2
Reported quarterly revenue of ¥4,597.18 Cr, marking a 31.48% YoY growth
- 3
EBITDA for the quarter stood at ¥1,168.67 Cr, reporting a growth of 82.61% YoY with margins of 25.42%
- 4
Order Book of ~25 GW, valued ~X49k Cr
- 5
Ontrackfor commissioning of additional module manufacturing of 1.6 GW in Texas (USA) and 3.2 GW in Chikhli (Gujarat)
- 6
Green hydrogen, inverter, and battery energy storage system facilities under construction and on track
- 7
Order inflow of ~2.23 GW at Waaree Solar Americas Inc.
Management Comments
Dr. Amit Paithankar
Whole Time Director & CEO, Waaree Energies Ltd
Waaree Energies Ltd. continues to deliver strong operational performance in Q1 FY26, building on the momentum of the previous fiscal. On the demand side we have a robust order book of ~349,000 crore and a global pipeline of 100+ GW, reflecting positive market sentiments across key geographies. This quarter, Waaree achieved its highest-ever production of modules at 2.3 GW, underscoring the success of our efforts to improve production efficiency. Our factory build-out projects in India and the U.S. remain on track. A strong and sharp focus on costs and profitability is reflected in our financials. We maintain our FY26 EBITDA guidance of X5,500 to 6,000 crore.
Informational and educational content only. Not investment advice.