Waaree Renewable Technologies Ltd (WAAREERTL) Q3FY26 Concall Summary - Dec-2025 Qtr
Performance Overview
- The company demonstrated robust growth, with revenue from operations reaching 851.06 crores, a significant 136.18% year-over-year increase, reflecting strong execution capabilities and a healthy order book.
- Profitability remained strong, with EBITDA growing 120.79% YoY to 158.80 crores and Net Profit increasing by 124.7% YoY to 120.19 crores, underscoring consistent performance and effective operating leverage.
- Operational execution was a key highlight, with the company executing 230 MW of EPC projects during the first nine months of FY26, reinforcing its leadership in the Indian solar EPC space.
- The company maintains a strong future revenue visibility with a healthy unexecuted order book of 2.92 GW, supported by a robust order pipeline of approximately 29 GW.
- Strategic expansion into allied segments is underway, with a growing O&M portfolio of approximately 1,180 MW and active exploration of Battery Energy Storage Systems (BESS) EPC opportunities to capitalize on emerging market trends.
Financial Metrics
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Operating Performance / Business Segments
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Key Discussions & Insights
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Outlook and Guidance
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Challenges / Concerns
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Industry / Competitive Landscape
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Overall Summary
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