WAAREERTL
Waaree Renewable Technologies Limited
NSELast Traded Price
₹880
5.05 (0.58%)
Open
₹874.8
High
₹884.7
Low
₹870.05
Prev Close
₹874.95
Industry
Other Electrical Equipment
Market Cap
9185.37 Cr
Filing History
Recent corporate announcements and filings for WAAREERTL
Business Update
Positive
2026-08-28 13:25
- Order Win: Waaree Renewable Technologies Limited won an order from one of India's Thermal Power Generating Companies.
- Order Details: EPC works for a ground-mounted Solar PV project of 291 MWp and 280 MWh Battery Energy Storage System (BESS).
- Completion Timeline: Scheduled to be completed during the financial year 2027-28.
Governance
Neutral
2026-08-27 18:32
- Board meeting held on August 27, 2026.
- Approved Board's Report for FY 2025-26 and the 27th Annual General Meeting Notice to be held on September 23, 2026.
- Approved the transfer of entire shareholding in Waaree Green Data Centers Private Limited (a wholly-owned subsidiary with negligible FY2025-26 contribution) to Waaree Energies Limited (Holding Company) for ₹1,00,000.
Governance
Neutral
2026-08-27 18:29
- The 27th Annual General Meeting (AGM) of Waaree Renewable Technologies Limited is scheduled for Wednesday, September 23, 2026.
- The cut-off date for e-voting eligibility is September 16, 2026.
- Remote e-voting will be available from September 20, 2026 (9:00 A.M.) to September 22, 2026 (5:00 P.M.).
Business Update
Neutral
2026-08-27 18:26
- The Board approved the transfer of its entire shareholding in Waaree Green Data Centers Private Limited (a wholly-owned subsidiary with Nil/Negligible contribution to financials in FY26) to Waaree Energies Limited (Holding Company) for ₹1,00,000. Also approved the FY 2025-26 Board's Report and scheduled the 27th AGM for September 23, 2026.
Business Update
Neutral
2026-08-17 16:07
- Analyst / Institutional Investor Meeting Schedule
- Date: Thursday, 20th August 2026
- Time: 02:00 p.m. - 05:00 p.m.
- Meeting with: Kotak Institutional Equities - Manufacturing Forum 2026 (One-to-One/Group physical meeting)
Business Update
Positive
2026-08-10 11:09
- Order Win: Waaree Renewable Technologies Limited won an order from One of India's Renewable Energy Solution Company.
- Order Details: Execution of Engineering, Procurement and Construction (EPC) works for a ground-mounted Solar PV project.
- Order Size: 124 MWp (88MWac).
- Completion Timeline: During the financial year 2026-27.
Business Update
Positive
2026-08-05 18:36
- Order Win: Waaree Renewable Technologies Limited (WAAREERTL) won a turnkey contract from Solaris Horizon Energy Private Limited (SHEPL).
- Order Details: For the execution of Engineering, Procurement and Construction (EPC) works for a 210MWp (150MWac) grid-connected Ground Mount Solar Project, along with two years of operation and maintenance services.
- Completion Timeline: Scheduled for completion during the financial year 2027-28.
- Note: SHEPL is a step-down subsidiary of Waaree Energies Limited.
Business Update
Positive
2026-07-30 17:45
- Q1 FY27 saw strong financial growth, with consolidated revenue up 53.23% YoY to INR 924.25 crores and PAT up 37.7% YoY to INR 118.97 crores.
- The company strategically acquired a 55% stake in Associated Power Structures Private Limited (APSPL) to expand into the Transmission & Distribution (T&D) segment, aiming for a complete value chain.
- The unexecuted consolidated order book is robust at INR 5,300 crores, providing 12-18 months of revenue visibility.
- Management aims to maintain a consolidated EBITDA margin of around 15% for FY27, acknowledging a temporary slight dip due to the lower-margin T&D business which they plan to improve.
- Waaree is actively pursuing significant order pipelines in solar EPC (approx. 37 GW) and T&D (approx. INR 20,000 crores), alongside opportunities in BESS and data center EPC.
Ownership
Positive
2026-07-29 18:47
- The Board of Directors of Waaree Renewable Technologies Limited approved the allotment of 33,425 Equity Shares to eligible employees who exercised their vested options under the Waaree RTL ESOP-2022 on July 29, 2026.
- This allotment increases the paid-up share capital from ₹20,86,91,584 to ₹20,87,58,434 (face value of ₹2/- each).
- The total money realized from the exercise of options is ₹7,48,720/-, with an exercise price of ₹22.40/- per equity share.
Business Update
Positive
2026-07-27 17:10
- Waaree Renewable Technologies Limited (WRTL) signed an Early Contractor Involvement (ECI) Agreement with a Special Purpose Vehicle of a leading global Independent Power Producer (IPP).
- The agreement is for the development of a utility-scale solar photovoltaic (PV) project integrated with a Battery Energy Storage System (BESS) in New Zealand.
- This marks WRTL's strategic entry into the Australia and New Zealand (ANZ) renewable energy market.
- The ECI Agreement is for preliminary work and is valid for approximately 4 months.
- Upon completion of the ECI work, the Principal may sign the full EPC contract, which would have a project execution timeline of 24 months.
- No specific order value for the ECI or the potential future EPC contract has been disclosed.
Business Update
Positive
2026-07-26 12:18
- Order Win: Waaree Renewable Technologies Limited received two Letters of Award from one of India's leading Renewable Energy companies for EPC works.
- Order Size/Capacity: Aggregating 800 MWac / 1,082 MWp for two ground-mounted Solar PV plants.
- Completion Timeline: The project is scheduled to be completed during the financial year 2027-28.
Business Update
Neutral
2026-07-23 18:10
- Audio recording of the earnings call for the quarter ended June 30, 2026, is available.
- The call was held on July 23, 2026, following the Q1 FY27 financial results announcement.
Financials
Positive
2026-07-22 20:58
- Consolidated Revenue ₹924.25 Cr vs ₹603.19 Cr (▲53.23% YoY)
- EBITDA ₹173.48 Cr vs ₹117.55 Cr (▲47.58% YoY)
- PAT ₹118.97 Cr vs ₹86.40 Cr (▲37.70% YoY)
- EBITDA Margin 18.77% vs 19.49% (▼72bps)
Routine
Neutral
2026-07-22 20:20
New Filing detected. See link for details.
Business Update
Neutral
2026-07-20 17:18
- Concall Schedule
- Concall Date: Thursday, July 23, 2026
- Concall Time: 03:30 PM (IST)
Business Update
Positive
2026-07-10 14:33
- Waaree Renewable Technologies Limited announced the withdrawal of the credit rating for its bank loan facilities totaling INR 258.00 Million.
- The credit rating was withdrawn by India Ratings & Research Private Limited upon repayment of the said facilities.
Routine
Neutral
2026-06-30 16:40
- Waaree Renewable Technologies Limited announced the closure of its trading window for dealing in company securities.
- The trading window will close from Wednesday, July 01, 2026, for Directors, Promoters, Designated Employees, Connected Persons and their Relatives.
- This closure is in connection with the declaration of Unaudited Financial Results for the quarter ending June 30, 2026.
- The window will open 48 hours after the financial results are declared to the Stock Exchange.
Business Update
Positive
2026-06-18 14:51
- Waaree Renewable Technologies Limited completed the acquisition of 55% equity shares of Associated Power Structures Private Limited (APSPL).
- Consequent to this acquisition, APSPL has become a subsidiary of Waaree Renewable Technologies Limited.
Business Update
Positive
2026-06-17 18:02
- Waaree Renewable Technologies Limited received an enhancement in the scope of work for an existing Engineering, Procurement, and Construction (EPC) contract for a Solar Power Plant of 980 MWp / 700 MWac.
- The scope enhancement increased the order value by Rs. 30.91 Cr.
- The total revised order value for the project is Rs. 1,044.69 Cr. (inclusive of taxes).
- The completion timeline is to be mutually decided.
Business Update
Neutral
2026-06-15 15:07
- Update on the acquisition of Associated Power Structures Private Limited.
- Completion of the acquisition is deferred from June 15, 2026, to June 30, 2026.
- The delay is due to procedural requirements for transfer and allotment of securities.
Business Update
Neutral
2026-06-08 18:17
- Concall Schedule
- Concall Date: June 11, 2026
- Concall Time: 04:00 p.m. - 06:00 p.m.
Business Update
Positive
2026-06-08 12:59
- Order Win: Waaree Renewable Technologies Limited (WAAREERTL) secured an EPC contract from Sunsational Power Private Limited (SPPL).
- Order Details: The contract is for a 300MW/450MWp Ground Mount Solar project, including two years of operation & maintenance services.
- Completion Timeline: Scheduled for completion during the financial year 2026-27.
- Note: SPPL is a subsidiary of WAAREERTL, making it a domestic commercial order and a related party transaction.
Business Update
Neutral
2026-05-19 17:23
Waaree Renewable Technologies Limited announced an intimation of scheduled one-to-one, in-person meetings between its Senior Management and Analysts/Institutional Investors on Friday, May 22, 2026, from 04:00 p.m. to 06:00 p.m. in Goregaon East, Mumbai. Discussions will be based on publicly available information.
Business Update
Positive
2026-05-18 19:22
Order Win: Waaree Renewable Technologies Limited won a turnkey EPC contract from Waaree Forever Energies Private Limited for a 350MW/1400MWh Battery Energy Storage System (BESS) project, including two years of operation and maintenance services. The project is scheduled for completion during the financial year 2026-27.
Business Update
Positive
2026-05-07 13:27
Waaree Renewable Technologies Limited (WRTL) announced the execution of definitive agreements (Shareholders Agreement and Share Purchase and Subscription Agreement) for the acquisition of a 55% stake in Associated Power Structures Private Limited (APSPL). The total investment value for this acquisition is ₹1,225 Cr. Following the acquisition, APSPL will become a subsidiary of WRTL. The completion, initially planned by April 30, 2026, is now expected by June 15, 2026, due to procedural requirements.
Financials
Positive
2026-04-24 18:10
Consolidated Revenue ₹1,102.40Cr vs ₹476.50Cr (▲131.31% YoY), EBITDA ₹206.82Cr vs ₹89.41Cr (▲131.31% YoY), PAT ₹155.72Cr vs ₹93.76Cr (▲66.08% YoY). EBITDA Margin 18.76% vs 18.76% (0bps).
Routine
Neutral
2026-04-17 18:51
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 21:54
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 20:28
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 20:18
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 20:02
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 20:01
New Filing detected. See link for details.
Routine
Neutral
2026-04-16 19:51
New Filing detected. See link for details.