Waaree Renewable Technologies (NSE:WAAREERTL) Signs Five-Year O&M Contract for 360 MWp Solar Capacity
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Waaree Renewable Technologies Ltd.
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Unlock signals — freeAbout Waaree Renewable Technologies Ltd.
Waaree Renewable Technologies Limited (WAAREERTL) is a Mumbai‑based EPC specialist that designs, procures, and constructs renewable energy projects across India, including ground‑mounted, rooftop, floating solar, battery energy storage systems (BESS), and green hydrogen facilities. In FY23 the company generated ₹3,936 Cr in revenue, with a net income of ₹466 Cr, reflecting a strong profit margin driven by high‑value BESS and large‑scale solar contracts. Recent wins include a 200 MW/500 MWh BESS EPC order and a 450 MWp solar EPC Letter of Award in Bikaner, underscoring its expanding footprint in both storage and solar segments. Waaree RTL’s competitive edge lies in its integrated EPC and O&M services, enabling it to capture the full project lifecycle and secure repeat business from industri
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹876.00 Cr +563.60% | ₹1,598 Cr +82.30% | ₹3,331 Cr +108.51% |
| EBITDA Margin | 23.63% | 19.46% | 19.24% |
| Net Profit | ₹145.00 Cr +237.20% | ₹229.16 Cr +58.60% | ₹478.64 Cr +108.86% |
| EPS | ₹13.97 | ₹22.00 | ₹45.91 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
Waaree Renewable Technologies Q1FY27 PAT rises 37.7%, expands into T&D
Waaree RTL wins five-year O&M order for 360 MWp solar project
Strategic Outlook
- Q2FY27 results: revenue ₹1, 058 Cr, PAT ₹74 Cr, EPS ₹7.07, EBITDA margin 15.1%. Growth context: revenue YoY +36.5%, PAT YoY -36.5%, revenue QoQ +14.5%, PAT QoQ -36.2%.
Management highlights order inflow, backlog conversion, execution ramp‑up, capacity ramp‑up, commissioning, and governme...
FY26 (last completed FY) revenue ₹3, 331 Cr, PAT ₹479 Cr, EBITDA margin 19.2%, EPS ₹45.91, with year‑on‑year revenue +10...
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Frequently Asked Questions
What AI signals does NiveshIQ provide for Waaree Renewable Technologies Ltd.?
NiveshIQ detects active intelligence signals for Waaree Renewable Technologies Ltd. (WAAREERTL) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for Waaree Renewable Technologies Ltd.?
Waaree Renewable Technologies Ltd. operates in the Capital Goods sector with a market capitalisation of ₹1,075,805.1L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
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No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.