Waaree Energies Earnings Call Transcripts
Fiscal Year 2027
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Record order book and strong revenue growth marked Q1 FY 2027, with retail and e-commerce scaling rapidly. Margin pressures from raw material costs are being addressed through integration and capacity ramp-up, while robust CapEx and policy tailwinds support long-term growth.
Fiscal Year 2026
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Record FY 2026 results with 84% revenue growth, strong margin expansion, and robust order book. Strategic CapEx and integration across the energy value chain position for continued growth, with FY 2027 EBITDA guidance of INR 7,000–7,700 crores and major capacity expansions underway.
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Q3 saw record revenue and EBITDA growth, with margins expanding and a robust order book of ₹60,000 crores. Manufacturing ramp-up, international expansion, and investments in batteries, inverters, and electrolyzers support strong future visibility. Margin stability is expected despite commodity volatility.
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Record revenue and profit growth driven by robust domestic and export demand, margin expansion, and strategic capacity additions. Strong order book, aggressive CapEx, and backward integration position the company for sustained growth, with EBITDA guidance reaffirmed at INR 5,500–6,000 crore.