WAAREEENER Q2 FY27 Guidance vs Delivery (WAAREEENER Management Mirror)

FY27 Operating EBITDA Guidance Reaffirmed at INR 7,000-7,700 Crore in Sep'26 Qtr Concall

In Sep'26 Qtr, the company reported Q2 FY27 operating EBITDA of INR 1,335 crore with a 17.8% margin and H1 FY27 operating EBITDA of INR 2,775.1 crore. Management had initiated full-year FY27 operating EBITDA guidance of INR 7,000 crore to INR 7,700 crore in the Mar'26 Qtr concall, which was reaffirmed in the Jun'26 Qtr. In the Sep'26 Qtr concall, management reaffirmed this FY27 operating EBITDA guidance at INR 7,000 crore to INR 7,700 crore. Looking ahead, management expects H2 FY27 to contribute approximately 55% to 60% of the full-year guidance, driven by heavy volume bunching and capacity additions expected across Q3 and Q4 FY27.