Waaree Renewable Technologies Limited Q2 FY26 results deck summary

Results deck of 10 Oct 2025, summarised by AI from the filing.

Q2 FY26 revenue ₹774.78 cr and PAT ₹116.34 cr, with unexecuted order book at 3,481 MWp.

Key takeaways

1. Order book Unexecuted order book 3,481 MWp in H1 FY26 (2025: 3,263 MWp).
2. Margin change EBITDA margin 20.39% in Q2FY26 (Q2FY25: 13.65%).
3. Growth driver Execution of large order book and EPC capabilities with 3.95 GWp commissioned.
4. Risk Execution of 3,481 MWp unexecuted order book required to convert to revenue.

Original filing on BSE

Waaree Renewable Technologies Limited Q1 FY27 results

As filed: Revenue ₹924 cr (+53% year on year), EBITDA ₹173 cr (+47% year on year), PAT ₹119 cr (+38% year on year), EBITDA margin 18.8% (−80 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹1,102 cr (+131% year on year), EBITDA ₹207 cr (+64% year on year), PAT ₹156 cr (+66% year on year), EBITDA margin 18.8% (−766 bps). Score 85 of 100, Above trend. EBITDA margin fell 766 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: −11.1% in 29 days (Nifty 500: −0.6%).
• Q3 FY26: Revenue ₹851 cr, EBITDA ₹159 cr, PAT ₹122 cr, EBITDA margin 18.7%. Not scored. No result for the same quarter last year. Share price after the results: −7.3% in 30 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹775 cr, EBITDA ₹158 cr, PAT ₹117 cr, EBITDA margin 20.4%. Not scored. No result for the same quarter last year. Share price after the results: +4.2% in 28 days (Nifty 500: +0.8%).
• Q1 FY26: Revenue ₹603 cr, EBITDA ₹118 cr, PAT ₹87.0 cr, EBITDA margin 19.6%. Not scored. No result for the same quarter last year. Share price after the results: −17.1% in 28 days (Nifty 500: −3.4%).
• Q4 FY25: Revenue ₹477 cr, EBITDA ₹126 cr, PAT ₹94.0 cr, EBITDA margin 26.4%. Not scored. No result for the same quarter last year. Share price after the results: +0.2% in 30 days (Nifty 500: +6.9%).

Past price moves after results do not indicate future moves. Not a recommendation.

Waaree Renewable Technologies Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (23 Jul 2026), Results deck (22 Jul 2026)
• Q4 FY26: Earnings call (17 Apr 2026), Results deck (16 Apr 2026)
• Q3 FY26: Earnings call (16 Jan 2026), Results deck (14 Jan 2026), Results press release (14 Jan 2026)
• Q2 FY26: Earnings call (13 Oct 2025), Results deck (10 Oct 2025), Results press release (10 Oct 2025)
• Q1 FY26: Earnings call (18 Jul 2025), Results deck (17 Jul 2025), Results press release (17 Jul 2025)
• Q4 FY25: Earnings call (17 Apr 2025), Results deck (16 Apr 2025), Results press release (16 Apr 2025)