Waaree Energies Q1 FY27 results (Apr–Jun 2026) and concall

Capital Goods · Concall AI · Call held 6 Aug 2026

Company page: Waaree Energies share price, financials & guidance record

Waaree Energies Limited reported a strong Q1 FY27 with revenue growing 79.2% YoY to INR7,932 crores and EBITDA up 44.4% YoY to INR1,440 crores. The company achieved a record order book of INR61,500 crores, driven by INR16,000 crores in new orders. Despite challenges from rising raw material costs and softer exports, Waaree is focused on capacity expansion, backward integration, and leveraging its strong market position and US IRA incentives to drive future profitability and growth.

You’re reading a preview. Opening the full call uses 1 concall credit.

What they filed

Q1 FY27: revenue up 79.2%, net profit up 15.4% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	3,574	3,457	4,004	4,426	6,066 +70%	7,565 +119%	8,480 +112%	7,932 +79%
Expenses	3,050	2,736	3,081	3,429	4,659	5,637	6,904	6,492
EBITDA	525	722	923	997	1,406 +168%	1,928 +167%	1,577 +71%	1,440 +44%
Margin	15%	21%	23%	23%	23%	25%	19%	18%
Other income	89	88	133	171	161	-99	180	171
Interest	31	31	57	43	96	93	48	70
Depreciation	84	89	153	182	240	267	301	330
Profit before tax	499	690	845	943	1,231 +147%	1,469 +113%	1,408 +67%	1,210 +28%
Tax rate	25%	27%	24%	18%	29%	25%	20%	26%
Net profit	376	507	644	773	878 +134%	1,107 +118%	1,126 +75%	892 +15%
EPS	13.73	17.15	21.54	25.94	29.29	36.94	36.89	29.56

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

More Capital Goods earnings calls