Waaree Energies Limited (BOM:544277)

Waaree Energies Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	36,925	37,113	18,674	12,372	4,828	756.39
Depreciation & Amortization	12,444	9,890	4,023	2,768	1,641	432.4
Other Amortization	7.1	7.1	1.1	0.6	0.48	0.34
Loss (Gain) From Sale of Assets	-238.2	-199.7	38	28.7	11.69	-104.14
Loss (Gain) From Sale of Investments	-582.8	-281.3	-107	-161.1	5.86	23.69
Stock-Based Compensation	76.7	146.9	146.4	98.3	366.81	-
Provision & Write-off of Bad Debts	-	-	-	-6.2	9.55	-
Other Operating Activities	3,634	991.4	-2,767	2,035	1,543	538.92
Change in Accounts Receivable	-7,327	-14,254	-2,232	-6,696	-2,145	214.77
Change in Inventory	-12,087	-31,635	-1,066	1,233	-21,707	-1,702
Change in Accounts Payable	-9,805	10,535	5,569	-64.6	16,012	1,777
Change in Other Net Operating Assets	22,245	3,956	9,303	11,443	15,037	5,042
Operating Cash Flow	45,293	16,270	31,582	23,050	15,602	6,980
Operating Cash Flow Growth	102.22%	-48.48%	37.01%	47.74%	123.54%	930.27%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Capital Expenditures	-66,328	-48,818	-32,741	-13,424	-8,654	-4,965
Sale of Property, Plant & Equipment	131.9	462.9	14.8	49.9	36.53	7.85
Cash Acquisitions	-8,290	-	-	-	-	-
Divestitures	-	-	-	-	-	416.14
Investment in Securities	8,658	3,282	-38,413	-21,168	-12,640	-2,620
Other Investing Activities	5,049	5,428	2,983	1,249	295.19	93.35
Investing Cash Flow	-60,323	-39,532	-68,084	-33,403	-20,938	-6,745

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	76,686	8,088	7,794	163.95	1,407
Long-Term Debt Repaid	-	-64,173	-2,175	-7,523	-1,753	-102.38
Lease Payments	-3,362	-3,008	-308.5	-146.2	-81.43	-102.38
Net Debt Issued (Repaid)	12,933	12,513	5,913	270.2	-1,589	1,305
Issuance of Common Stock	10,084	10,084	35,080	10,054	10,401	-
Common Dividends Paid	-575.3	-575.3	-	-5.3	-2.65	-4.76
Other Financing Activities	-2,457	3,709	-635.6	-1,227	-2,384	-289.27
Financing Cash Flow	19,985	25,731	40,357	9,092	6,425	1,011

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	340.4	174.5	28.6	-62.2	56.06	19.56
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0.23	-1.1
Net Cash Flow	5,295	2,643	3,884	-1,323	1,145	1,264

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Free Cash Flow	-21,035	-32,548	-1,159	9,627	6,948	2,015
Free Cash Flow Growth	-	-	-	38.56%	244.81%	-
Free Cash Flow Margin	-6.68%	-12.26%	-0.80%	8.45%	10.29%	7.06%
Free Cash Flow Per Share	-73.01	-112.99	-4.22	37.24	31.05	10.22
Levered Free Cash Flow	-18,665	-13,116	-29,494	-40,377	2,691	1,935
Unlevered Free Cash Flow	-17,260	-11,938	-28,938	-39,602	3,125	2,160
Free Cash Flow After Leases	-24,397	-35,556	-1,467	9,481	6,866	1,913

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	2,431	1,611	635.6	1,207	689.82	289.27
Cash Income Tax Paid	11,560	11,490	7,428	3,351	1,004	259.15
Change in Working Capital	-6,973	-31,398	11,574	5,916	7,196	5,332

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 29, 2026

Data Sources Report a data error