Waaree Energies CFO On Q2 Results, Margin Pressure And H2 Recovery | Key Insights Shared
NDTV Profit · 28 Oct 2026 · 11 min
Management interview of Waaree Energies Ltd (WAAREEENER), with 10 key numbers discussed.
- Abhishek Parekh, CFO, Waaree Energies
Waaree Energies' CFO Abhishek Parekh reiterated the company's full-year EBITDA guidance of Rs 70-77bn, expecting the second half to deliver 55-60% of top-line and bottom-line as usual. The company aims for an annualized EBITDA margin range of 18-20%, supported by cell-to-module integration rising from 20-25% to 70-75% by year-end. Waaree has committed Rs 300bn in capex, having deployed Rs 120bn so far with Rs 77bn in cash and liquid assets. Although an enabling fundraise resolution exists, internal accruals are sufficient to fund capex without immediate dilution.