Waaree Energies Stock Price - ₹2,579.90 | Capital Goods

‌
‌
‌

The Quarter story

The two most recent quarterly results, compared side-by-side.

Waaree Energies drives strong revenue growth and a robust order book, though heavy capital spending and cost pressures are squeezing profit margins.

Revenue grew from ₹4,597 Cr in Q1 FY26 to ₹7,932 Cr in Q1 FY27, showing strong top-line momentum.

EBITDA margin slipped from 25.4% in Q1 FY26 to 18.2% in Q1 FY27, reflecting pricing and cost pressures.

Order book expanded from ₹24 Cr in Q2 FY26 to ₹61,500 Cr in Q1 FY27, ensuring clear revenue visibility.

PAT margin contracted from 16.8% in Q1 FY26 to 11.0% in Q1 FY27, highlighting margin erosion.

Module capacity increased from 18.7 GW in Q2 FY26 to 26 GW in Q1 FY27, confirming manufacturing scale-up.

Depreciation expense climbed from ₹182 Cr in Q1 FY26 to ₹330 Cr in Q1 FY27, weighing on profits due to heavy asset growth.

Retail revenue share rose from 18.6% in Q3 FY26 to 30.2% in Q1 FY27, highlighting successful channel diversification.

ROCE declined from 41.8% in Q2 FY26 to 28.5% in Q1 FY27, showing the impact of capital-intensive expansion.

Inventory changes improved from -₹760 Cr in Q1 FY26 to +₹97 Cr in Q1 FY27, signaling destocking completion.

Material costs rose from ₹2,962 Cr in Q1 FY26 to ₹4,844 Cr in Q1 FY27, adding pressure on operating margins.

‌
‌
‌

In the news

Solar stocks decline 12-9% in past month amid mixed Q1 results

Waaree Energies Q1FY27 revenue surges 79%, order book hits record ₹61,500 crores

Waaree Energies shares rise 2.18% to ₹2,682 on strong growth

Waaree Energies Q1 FY27: Revenue Surge, Margin Pressure, and Growth Strategy

Swiggy Gets Mixed Buy Ratings; Targets ₹350-₹520

Solar Cell Mandate Deferral: What It Means for Manufacturers and Developers

Waaree ESS commissions 5.15 GWh battery storage facility

Waaree Energies shares up 0.17% on fresh 212 MW solar order win

6 Companies Target 155 GWh Energy Storage by 2030

Green energy stocks mixed on July 13 amid AI rotation and oil surge

India's ₹8L cr green hydrogen push: 3 companies advance projects

IT Stocks Rise 4% Despite Sector Correction; Experts Share Tips

Q1 FY27 Performance: Banking Growth, Power Surge, and Strategic Wins

India's energy storage pipeline hits 140 GWh as capacity surges

SEBI Clears Waaree Promoter's 63% Stake Transfer to Family Trust

Experts Recommend Buy, Sell on Waaree Energies, Tata Motors PV

Seven Strategic Corporate Moves Reshaping India's Business Landscape in 2026

Waaree Energies, Kotak Bank, HDFC Bank in Focus Amid Market Volatility

Waaree Energies shares crash 5.55% despite US customs clarification

Waaree Energies drops 0.90% despite technical buy signals