Waaree Renewable Technologies Ltd (NSE:WAAREERTL)

Q1 2027 Waaree Renewable Technologies Ltd Earnings Call Transcript

Jul 23, 2026 / 10:00 AM GMT

Release Date Price: ₹943.4 (-7.44%)

Transcript

Key Points

Positve

Waaree Renewable Technologies Ltd (BOM:534618) reported a strong start for FY 2027 with a revenue growth of 53.23% year-on-year, reaching Rs. 924.25 crores.
The company successfully completed the acquisition of a 55% equity stake in Associates Power Structure Private Limited, enhancing its capabilities in the transmission and distribution segment.
EBITDA for the quarter was Rs. 173.48 crores, and profit after tax grew by 37.7% year-on-year, indicating strong financial performance.
The company's consolidated unexecuted order book stands at Rs. 5,300 crores, providing healthy visibility for future quarters.
Waaree Renewable Technologies Ltd (BOM:534618) is well-positioned in the growing renewable energy sector in India, with a focus on solar EPC and expanding into transmission and distribution.

Negative

The consolidation of a lower-margin business has led to a slight dip in overall margins on a consolidated level.
The acquisition of Associates Power Structure Private Limited involved a significant debt component, which may impact financial flexibility.
The company's order book provides visibility for only beyond a year, raising concerns about long-term order inflow sustainability.
Increased competition in the solar EPC space may pressure the company to bid more aggressively, potentially impacting margins.
The transmission and distribution business is capital-intensive, which could affect the company's working capital cycle and cash flow.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

WAAE.NS - Waaree Renewable Technologies Ltd
Q1 2027 Waaree Renewable Technologies Ltd Earnings Call
Jul 23, 2026 / 10:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and Gentlemen, Good day and welcome to Varees Renewable Technologies Limited Q1 FY27 conference call hosted by MUFG INTIME India Pvt. Ltd.

As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this call, please signal an operator by pressing star then zero on your touch tone phone.

I now hand the conference over to Mr. Nikun Jain from MUFG Intime India Pvt. Ltd.

Thank you and over to you sir.

--------------------------------------------------------------------------------
Unidentified_2 [2]
----------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.