Question 1

What are the key takeaways from Waaree Renewable Technologies Limited?

Accepted Answer

Waaree Renewable Technologies Limited Q1 FY2027: Revenue ₹924.25 Cr (vs ₹603.19 Cr YoY), PAT ₹115.90 Cr (vs ₹86.44 Cr YoY) Q1 FY2027 consolidated revenue was ₹924.25 Cr and rose strongly year‑on‑year versus Q1 FY2026; consolidated PAT attributable to owners was ₹115.90 Cr. Profit before tax for the quarter was ₹163.39 Cr on total income of ₹929.53 Cr. The quarter includes the consolidation of APSPL w.e.f. 18‑Jun‑2026 following a 55% acquisition which increased segment assets and liabilities. Ma…

Question 2

What were Waaree Renewable Technologies Limited's key financial metrics?

Accepted Answer

Revenue (Q1 FY2027): ₹924.25 Cr (vs ₹603.19 Cr in Q1 FY2026); Total Income (Q1 FY2027): ₹929.53 Cr (vs ₹601.01 Cr in Q1 FY2026); Profit before Tax (Q1 FY2027): ₹163.39 Cr (vs ₹116.57 Cr in Q1 FY2026); Profit attributable to owners (PAT) (Q1 FY2027): ₹115.90 Cr (vs ₹86.44 Cr in Q1 FY2026)

Question 3

What were the highlights of Waaree Renewable Technologies Limited?

Accepted Answer

Consolidation of Associated Power Structures (APSPL) with effect from 18‑06‑2026 after acquisition of 55% stake, increasing revenue and assets for Q1 FY2027. EPC Contracts – Solar Power Plants remained the dominant segment with revenue of ₹803.39 Cr in Q1 FY2027, up from ₹594.40 Cr in Q1 FY2026. New Transmission & Distribution EPC segment contributed ₹112.81 Cr of revenue (before consolidation adjustments) in Q1 FY2027 driven by the APSPL addition. Power sale segment revenue was modest at ₹8.05…

Question 4

What is the outlook or guidance for Waaree Renewable Technologies Limited?

Accepted Answer

Post-acquisition integration of APSPL is expected to expand transmission & distribution scale and revenue mix in coming quarters. Purchase consideration for APSPL has been allocated on a provisional basis pending final fair value determination which may affect future P&L. Management will continue capital deployment into EPC order book which is reflected in higher working capital and asset base at ₹4,976.03 Cr.

Question 5

What are the key risks or concerns for Waaree Renewable Technologies Limited?

Accepted Answer

Higher finance costs (₹9.59 Cr) increase interest burden and could pressure margins if leverage remains elevated. Comparability risk: Q1 FY2027 results include APSPL only from 18‑Jun‑2026 and purchase accounting is provisional which may lead to future adjustments. Working capital and liabilities rose sharply (total liabilities ₹3,30,044.54 lakhs) which could strain cash flows if collections slow.

Waaree Renewable Technologies Limited

Quarterly Results 16

Annual Reports 14

Concalls 17

Waaree Renewable Technologies Limited

Quarterly Results 16

Annual Reports 14

Concalls 17