West Asia crisis disrupts shipments, dragging Waaree's overseas revenue and margins, even as commodity costs rise and expansion plans gather pace
Waaree Energies shares fell 10.9 per cent after Q4FY26 margin miss. Ebitda margin dropped to 18.6 per cent despite strong revenue and profit growth
Waaree Energies has posted around 75 per cent rise in consolidated net profit to Rs 1,126 crore during the quarter ended March 31, supported by higher revenues from its core business. The company had reported a net profit of Rs 644.47 crore in the year ago period, the company said in an exchange filing on Wednesday. During the January-March quarter, the company's total income more than doubled to Rs 8,659.98 crore from Rs 4,140.92 crore in the fourth quarter of the preceding 2024-25 financial year. For the entire FY26, the net profit surged to Rs 3,884.15 crore from Rs 1,928.13 crore in FY25. The board of the company has recommended a final dividend of Rs 2 per equity share of Rs 10 each at the rate of 20 per cent for the year ended March 31, 2026, subject to approval of the Members at the ensuing Annual General Meeting (AGM) of the company. The board also approved raising up to Rs 10,000 crore through Qualified Institutional Placement (QIP) route or through any other permissible
Indosolar's profit after tax (PAT) for Q4FY26 stood at ₹42 crore, up 4.90 per cent from ₹40.03 crore in Q4FY25.
Midcap stocks to buy? Muthuselvaraj of Mirae Asset Sharekhan expects Waaree Energies, BSE and Phoenix Mills to surge up to 40% in the short- to medium-term.
M&M and Waaree Energies shares show strong bullish technical setups. Osho Krishan of Angel One recommend 'Buy' with defined stop losses and target prices.
At the current market price, Geojit sees a 15 per cent upside for Waaree Energies shares, and 17 per cent for Premier Energies, initiating coverage on both stocks with Buy ratings
In the medium term, the sector appears well-positioned for structurally higher profitability, driven by improved pricing power, better capacity utilisation, and reduced external supply shocks
In the past seven trading days, the stock price of Waaree Energies has appreciated by 24 per cent.
The company informed the exchanges that Waaree Solar Americas Inc (WSA), its wholly owned subsidiary, has completed the acquisition of 5,368,551 Series B preferred shares of United Solar Holding Inc
Stocks to Watch today, March 11: TVS Supply Chain, HG Infra, Waaree Renewable Technologies, Hindustan Zinc, and Bank of Baroda are among the top stocks to remain in focus today
Waaree Energies gains after management clarifies 126% US tariff does not apply.
The US set a 126 per cent preliminary duty on solar imports from India, while the Trump administration set initial duties from 86 per cent to 143 per cent for Indonesia and 81 per cent for Laos
Waaree Energies share price rose 3 per cent to the day's high of ₹3,003.7 per share on the National Stock Exchange (NSE) in Tuesday's intra-day trade.
Stocks to Watch today, February 20, 2026: Federal Bank, ABB India, Waaree Energies, RailTel Corporation, and Pace Digitek are some of the key stocks to watch today
Waaree Energies, a renewable energy company, will set up an integrated lithium-ion battery gigafactory in Andhra Pradesh at an outlay of over Rs 8,000 crore. The project will come up at Rambilli in Anakapalli district and is expected to generate around 3,000 direct jobs, said an official release on Thursday. "Waaree Energies will establish India's largest integrated lithium-ion battery gigafactory in Andhra Pradesh. The project will come up at Rambilli in Anakapalli district with an investment of Rs 8,175 crore," said the release. With a capacity of 16 GWh, the greenfield facility will cover the complete battery value chain, including cell manufacturing, battery packs and large-scale Battery Energy Storage Systems (BESS). The project has received in-principle approval from the Andhra Pradesh State Investment Promotion Board, chaired by Chief Minister N Chandrababu Naidu. Andhra Pradesh Human Resources Minister Nara Lokesh said the project marks a significant milestone in Andhra ..
In September last year, Waaree Energies, the holding company of WRTL, acquired a 64 per cent stake in transformer company Kotsons through a primary capital infusion of Rs 192 crore
Waaree Energies' consolidated net profit has more than doubled to Rs 1,106.79 crore in the December quarter, driven by increased revenues from solar modules and EPC businesses. In an exchange filing, the company said its net profit was at Rs 506.88 crore in the October-December period of the preceding 2024-25 fiscal. Waaree Energies has reported total income of Rs 7,761.23 crore in the third quarter, nearly double of Rs 3,545.27 crore in the same period a year ago, the filing showed on Wednesday. Sharing segment-wise numbers, the company said it earned a revenue of Rs 6,989.56 from the solar photovoltaic module business, as against Rs 3,109.29 crore a year ago. Revenues from engineering, procurement, and construction (EPC) contracts also surged to Rs 838.21 crore, from Rs 351.16 crore in Q3 FY25. In a statement, the company's outgoing CEO, Amit Paithankar, said Waaree is the first domestic market manufacturer to achieve 1 GW+ of module production and sales in a single month, with
Waaree Energies' net profit surged 118.35 per cent on year to ₹1,106.79 crore in the third quarter (Q3FY26)
Waaree Renewable Technologies Ltd (WRTL) net profit more than doubled to Rs 120.19 crore in December quarter compared to a year ago mainly on the back of higher revenues. The company had a net profit of Rs 53.48 crore in the quarter ended on December 31, 2024, a statement said. "PAT stood at Rs 120.19 crore as compared to Rs 53.48 crore in Q3FY25 representing a growth of 124.74 per cent YoY," it said. According to the statement, revenue in the quarter stood at Rs 851.06 crore representing a growth of 136.18 per cent YoY (year on year) as compared to Rs 360.35 crores in Q3FY25. Its unexecuted order book stands at 2.92 GWp to be executed between 12-15 months and the bidding pipeline remains robust at 29 GWp. The board has approved the capex budget for setting up of 120 MWp Solar Power Park in Buldhana, Maharashtra. "Looking ahead, we will continue to strengthen capabilities, invest in innovation, and expand partnerships to capture emerging opportunities in the renewable ecosystem,