Waaree Renewable Technologies Limited has released its Annual Report for the financial year 2025-26. The report details the company’s robust financial performance, with revenue from operations reaching ₹3,331.42 crore. Operational highlights include 16 years of EPC experience and a 5.06 GWp solar EPC portfolio. The report also covers strategic initiatives, market outlook, and detailed financial statements, underscoring the company’s strong position in India’s renewable energy sector.
Waaree Renewable Technologies Releases FY26 Annual Report
Waaree Renewable Technologies Limited has officially published its Annual Report for the financial year ended March 31, 2026. The comprehensive report provides shareholders with detailed insights into the company’s performance, strategic direction, and future outlook.
Financial Performance Highlights
The report highlights a significant financial upswing, with Revenue from Operations reaching ₹3,331.42 crore, marking a substantial 108.51% year-on-year growth. EBITDA saw a similar surge, growing by 106.21% to ₹641.10 crore, while Profit After Tax (PAT) increased by 109.09% to ₹478.65 crore. The company’s Net Worth also grew significantly, by 105.26%, reaching ₹933.83 crore.
Operational Achievements
Operationally, the company achieved several key milestones during FY 2025-26. It boasts 16 years of EPC Experience and a 5.06 GWp Solar EPC Portfolio. The executed order book stands at 2,727 MWp, with an unexecuted order book of 2,832 MWp. The company also expanded its footprint in emerging clean energy segments and strengthened its execution track record, demonstrating its resilience amidst India’s renewable energy transition.
Strategic Focus and Market Position
The report details the company’s strategic focus on expanding capabilities across core solar EPC, energy storage, O&M, and transmission and distribution (T&D) segments. Waaree Renewable Technologies is well-positioned to capitalize on India’s growing renewable energy market, leveraging its strong EPC foundation, integrated execution capabilities, and a supportive policy environment.
Key Sections of the Annual Report
The Annual Report includes sections on Corporate Overview, Key Highlights, Our Footprint, Our Journey, MD’s Message, Ongoing Projects, End-to-End Solutions, Comprehensive Expertise, Orderbook and Execution, External Opportunities, Value Proposition, Growth Strategy, Value Creation Model, Key Financial Metrics, Environmental, Social and Governance (ESG), and Corporate Information.
Source: BSE