WAAREERTL NSE filing

Waaree Renewable Technologies Q4 FY26 Revenue Surges 108% to ₹3,331 Cr, PAT Jumps 109%

The RealCase readHigh impact Positive

Waaree Renewable Technologies Limited reported FY26 Revenue from Operations of ₹3,331.42 Cr, up 108.51% YoY. PAT surged 109.09% to ₹478.65 Cr. Q4 FY26 Revenue was ₹1,102.40 Cr (up 131.31% YoY) and PAT was ₹155.72 Cr (up 66.08% YoY). The company has an unexecuted order book of 2,832 MWp.

Why it matters

The substantial increase in revenue and profit, coupled with a strong order pipeline, is expected to have a significant positive impact on the company's market position and investor confidence.

The market read

The company has reported significant year-on-year growth in revenue and profit, along with a strong order book, indicating positive financial performance and future prospects.

Waaree Renewable Technologies Limited has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a significant increase in its top line, with Revenue from Operations for FY26 reaching ₹3,331.42 crore, an impressive growth of 108.51% compared to ₹1,597.75 crore in FY25.

For the fourth quarter of FY26, Revenue from Operations stood at ₹1,102.40 crore, marking a substantial year-on-year increase of 131.31% from ₹476.58 crore in Q4FY25. The company's EBITDA for FY26 grew by 106.21% to ₹641.10 crore from ₹310.90 crore in FY25, with an EBITDA margin of 19.24%. In Q4FY26, EBITDA was ₹206.82 crore, a 63.71% increase from the previous year.

Profit After Tax (PAT) for FY26 more than doubled, surging by 109.09% to ₹478.65 crore compared to ₹228.92 crore in FY25. The PAT margin for FY26 was maintained at a healthy 14.37%. In the fourth quarter, PAT increased by 66.08% to ₹155.72 crore from ₹93.76 crore in Q4FY25.

The company also highlighted its strong order book and execution capabilities, with an unexecuted order book of 2,832 MWp as of FY26. Waaree Renewable Technologies Limited is a subsidiary of Waaree Energies Limited and is involved in EPC services, O&M, and the development of solar power generating assets.

Filing to action

What to do with a filing like this

Waaree Renewable Technologies Limited filed this with the NSE as a statutory disclosure, categorised under quarterly 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.

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Primary source

A plain-language summary of a public exchange filing by Waaree Renewable Technologies Limited. Read the original for the full detail.

View original filing