Waaree Renewab.
Waaree Renewab. Q1 FY27 earnings call: Revenue & Margins
Q1 FY27 earnings call: what management guided on revenue, margins and order book.
The short version
Waaree Renewable Technologies began FY 2027 strongly with Q1 revenue at INR 924.25 crores, a 53.23% year-on-year growth. Waaree Renewable Technologies reports a strong start to FY 2027 with 53.23% revenue growth and 37.7% PAT growth YoY (Page 4).
From Waaree Renewab.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Revenue & Sales Performance
- Waaree Renewable Technologies began FY 2027 strongly with Q1 revenue at INR 924.25 crores, a 53.23% year-on-year growth.
- The company has a consolidated unexecuted order book of INR 5,300 crores providing healthy revenue visibility over the next 12-15 months.
- Approximately INR 925 crores of the order book was executed in Q1 FY27.
- Actively chasing a large bidding pipeline: around 27 GW domestically and 10-11 GW internationally in solar EPC, and around INR 20,000 crores in T&D order pipeline.
- New orders are expected in upcoming quarters from existing and potential customers.
- Plans to expand EPC capabilities, including building for data centers and BESS segments.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Waaree Renewab. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Waaree Renewable Technologies acquired a 55% stake in Associated Power Structures Private Limited (APSPL), marking a strategic entry into the transmission and distribution (T&D) segment to complement its renewable EPC business.
- The acquisition was financed with approximately 75% debt.
- The company is actively building capabilities and taking on board people to develop an EPC stream for data centers, indicating strategic investment in new business areas.
- There is ongoing investment in setting up IPP (Independent Power Producer) projects totaling around 198 MW pipeline, involving small-scale projects to create regular revenue streams.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Waaree Renewab. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Waaree Renewable Technologies has an unexecuted order book of approximately INR 5,300 crores as of July 2026, spanning solar EPC and T&D businesses.
- Out of this, around INR 925 crores revenue has been achieved in the current quarter.
- The remaining INR 5,300 crores is expected to be executed over the next 12 to 15 months.
- Standalone solar EPC order book stands at around 2.4 GW, with an additional INR 200 crores from BESS EPC orders.
- The company is actively chasing a large order pipeline: ~27 GW domestic and ~10-11 GW international for solar EPC and INR 20,000 crores pipeline in T&D.
2 more points management made on order book & pipeline
Waaree Renewab. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹156 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Waaree Renewable Technologies Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Waaree Renewab. Q1 FY27 results?
Waaree Renewable Technologies began FY 2027 strongly with Q1 revenue at INR 924.25 crores, a 53.23% year-on-year growth. Waaree Renewable Technologies reports a strong start to FY 2027 with 53.23% revenue growth and 37.7% PAT growth YoY (Page 4).
What is Waaree Renewab. share price analysis?
Waaree Renewab. currently shows a neutral. The stock trades at a P/E of 17.9 with a market cap of ₹9,136 Cr. Investors should review the full earnings analysis for detailed insights.
Is Waaree Renewab. planning capital expenditure?
Waaree Renewable Technologies acquired a 55% stake in Associated Power Structures Private Limited (APSPL), marking a strategic entry into the transmission and distribution (T&D) segment to complement its renewable EPC business.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.