Press release for the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 29 Jul 2026, 07:00 PM IST · BSE ID: fc1bf594-fdf3-40ca-a535-d5f628ec4048
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported strong Q1 FY27 financial results with significant revenue and profit increases, alongside substantial new orders.
🤖 AI Summary
- Waaree Energies reported Q1 FY27 consolidated revenue of ₹7,931.79 Crores, a 79.22% YoY increase.
- Operating EBITDA for Q1 FY27 rose 44.38% YoY to ₹1,439.92 Crores, with PAT increasing 15.39% YoY to ₹891.87 Crores.
- New orders worth approximately ₹16,000 Crores were added, bringing the total order book to approximately ₹61,500 Crores.
- Module production reached 3.24 GW in Q1 FY27, marking a 41.51% YoY growth.
- Commenced advanced 5.15 GWh automated BESS container manufacturing in Rola, Gujarat.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations
7,931.79 Crores
79.22%
Operating EBITDA
1,439.92 Crores
44.38%
Total Order Book
~₹ 61.5k Crores
New Orders Added
~₹ 16k Crores
Module Production
3.24 GW
41.51%
🏢 How This Affects the Company
The increase in revenue by 79.22% YoY and the addition of approximately ₹16,000 Crores in new orders enhance Waaree Energies' market position and future business pipeline. Module production reaching 3.24 GW supports its standing as a solar PV module manufacturer.
Consolidated PAT grew by 15.39% YoY to ₹891.87 Crores, contributing to earnings. The total order book of approximately ₹61,500 Crores provides significant revenue visibility for future periods.
Module production increased to 3.24 GW in Q1 FY27, indicating enhanced operational efficiency and scale. Commencement of 5.15 GWh automated BESS container manufacturing expands its operational capabilities into energy storage.
The large order book of approximately ₹61,500 Crores reduces revenue uncertainty and provides longer-term visibility, potentially mitigating future revenue generation risks.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results press release.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the consolidated PAT of ₹891.87 Crores in Q1 FY27.
🔍
Management Signal
Management's commentary signals a strategic focus on diversifying into a broader energy transition enterprise beyond solar module manufacturing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and margin trends.
Update on 10 GW Cell facility at Unn, Gujarat — progress and production start.
Contribution of BESS container manufacturing to overall revenue and profitability.
LOW RISK
Strong Q1 FY27 performance and substantial order book provide near-term stability.
💡 Investor Takeaway
Waaree Energies reported Q1 FY27 consolidated revenue of ₹7,931.79 Crores, up 79.22% YoY, with PAT at ₹891.87 Crores, up 15.39% YoY. New orders of approximately ₹16,000 Crores increased the total order book to approximately ₹61,500 Crores, confirming substantial future revenue visibility.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations increased 79.22% YoY to ₹7,931.79 Crores in Q1 FY27, demonstrating strong top-line growth.
- Total order book reached approximately ₹61,500 Crores, providing substantial revenue visibility for future periods.
⚠️ Concerns
- Operating EBITDA Margin decreased to 18.15% in Q1 FY27 from 22.53% in Q1 FY26, indicating a margin contraction.
- PAT Margin declined to 11.01% in Q1 FY27 from 16.81% in Q1 FY26, reflecting reduced profitability per unit of revenue.
📅 Company Track Record
In FY26, Waaree Energies reported revenue of ₹26,536.77 Crores, an 83.72% YoY increase, and PAT of ₹3,884.15 Crores, up 101.45% YoY. The company's Q1 FY27 results show continued growth from the previous fiscal year's strong performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Waaree Energies' consolidated revenue in Q1 FY27?
Waaree Energies reported consolidated revenue from operations of ₹7,931.79 Crores for Q1 FY27, representing a 79.22% increase year-on-year.
What was Waaree Energies' net profit (PAT) in Q1 FY27?
The net profit (PAT) for Waaree Energies in Q1 FY27 was ₹891.87 Crores, which grew by 15.39% compared to Q1 FY26.
What is the total order book for Waaree Energies as of Q1 FY27?
Waaree Energies' total order book reached approximately ₹61,500 Crores as of Q1 FY27, with new orders worth approximately ₹16,000 Crores added during the quarter.
What was Waaree Energies' module production in Q1 FY27?
Waaree Energies achieved module production of 3.24 GW in Q1 FY27, marking a growth of 41.51% year-on-year.
What were the Operating EBITDA and PAT margins for Waaree Energies in Q1 FY27?
Operating EBITDA Margin was 18.15% and PAT Margin was 11.01% for Waaree Energies in Q1 FY27.
Questions based on this BSE filing only. For information purposes.