Waaree Renewable Technologies FY26 Revenue Doubles to ₹3,331 Cr, PAT at ₹478 Cr
Waaree Renewable Technologies Limited reported a 108.51% YoY growth in FY26 revenue to ₹3,331.42 crore and a 109.09% YoY increase in PAT to ₹478.65 crore. The company has an unexecuted order book of 2.83 GWp for execution in the next 12-15 months. Q4 FY26 revenue grew 131.31% YoY to ₹1,102.40 crore.
The announcement details substantial year-on-year growth in revenue and profit, a strong order book, and recent order wins, all of which are material financial and operational developments for the company and its investors.
The company has reported a significant doubling of revenue and profit for the fiscal year and the quarter, along with a strong order book, indicating robust growth and positive financial performance.
Waaree Renewable Technologies Limited (WRTL), the EPC arm of the Waaree Group, has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a stellar performance with revenue from operations for FY26 standing at ₹3,331.42 crores, marking a significant growth of 108.51% year-on-year compared to ₹1,597.75 crores in FY25.
Profit After Tax (PAT) for FY26 reached ₹478.65 crores, an increase of 109.09% year-on-year from ₹228.92 crores in FY25. EBITDA also saw substantial growth, rising by 106.21% to ₹641.10 crores in FY26 from ₹310.90 crores in FY25.
For the fourth quarter of FY26 (Q4FY26), revenue from operations was ₹1,102.40 crores, a 131.31% increase year-on-year from ₹476.58 crores in Q4FY25. PAT for Q4FY26 grew by 66.08% to ₹155.72 crores from ₹93.76 crores in the same period last year.
The company maintains a strong unexecuted order book of 2.83 GWp, which is slated for execution over the next 12-15 months. The bidding pipeline continues to show strong momentum, reaching over 36 GWp. Recent order wins include a 420 MWp, a 35 MWp, and a 14 MWp ground-mounted solar power project.
Mr. Manmohan Sharma, CFO of Waaree Renewable Technologies Limited, commented on the results, stating, "We are pleased to conclude FY26 with a stellar and consistent financial performance with revenue of ₹3,331.42 crore as compared to ₹1,597.75 crore for FY25, reflecting a robust growth of 108.51%. This performance was supported by disciplined execution thus enabling consistent delivery."
He further highlighted India's renewable energy sector growth, with solar contributing significantly to the country's clean energy transition. WRTL's focus on disciplined delivery, O&M capabilities, and operational efficiency is expected to create value for stakeholders.
What to do with a filing like this
Waaree Renewable Technologies Limited filed this with the NSE as a statutory disclosure, categorised under annual results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Waaree Renewable Technologies Limited. Read the original for the full detail.