Waaree Energies Share Price: Q1 FY26 Results, Financial Growth & Latest Updates

Waaree Energies Ltd. has continued to capture investor attention as it delivered another strong quarter in Q1 FY26. The company’s share price surged 2.45% in early trade, reaching ₹3,188, placing it among the top gainers on the Nifty Midcap 150 index. Backed by robust financial performance, strategic acquisitions, and sustained sectoral tailwinds, Waaree Energies has emerged as a frontrunner in India’s clean energy transformation.

Waaree Energies Share Price Movement Today

On July 28, 2025, Waaree Energies stock opened on a bullish note, gaining 2.45% in early trading. The stock price rose to ₹3,188, driven by investor optimism following the announcement of strong Q1 FY26 earnings. The company also completed the acquisition of Voltshift Energy Transition Pvt. Ltd., signaling continued expansion into adjacent clean-tech verticals.

This intraday rally reinforces bullish sentiment surrounding the company, which has steadily risen in value following consistent financial performance and positive corporate actions.

Quarterly Results Snapshot: Q1 FY26

Waaree Energies reported a consolidated revenue of ₹4,425.83 crore for the quarter ended June 2025, representing strong QoQ growth from ₹4,003.93 crore in the March quarter. Net profit for Q1 FY26 stood at ₹772.89 crore, while earnings per share (EPS) reached an impressive ₹25.94—a clear indicator of strong operational leverage.

Quarterly Financials (₹ in Crore)

This quarter’s results reinforce Waaree’s upward trajectory across revenue, profitability, and earnings—a key reason for the current positive stock price action.

Annual Performance & Key Ratios (FY22–FY25)

Waaree Energies has recorded multi-year growth, scaling from a revenue base of ₹2,854 crore in FY22 to ₹14,444.50 crore in FY25. Likewise, net profit jumped from ₹79.65 crore to ₹1,928.13 crore, reflecting both capacity expansion and margin efficiency.

Key Annual Financials:

• FY25 Revenue: ₹14,444.50 Cr
• FY25 Net Profit: ₹1,928.13 Cr
• EPS (FY25): ₹68.24
• Book Value per Share: ₹329.96
• ROE (FY25): 19.69%
• ROCE (FY25): 23.99%
• Debt-to-Equity Ratio: 0.10x

Valuation Ratios (as of July 2025):

• P/E Ratio: 36.94x
• P/B Ratio: 7.35x
• EV/EBITDA: 22.12x
• Net Profit Margin: 13.95%
• Operating Margin: 19.80%

These strong metrics underscore Waaree’s ability to scale profitably while maintaining a low-leverage structure, which appeals to both retail and institutional investors in the current interest-rate environment.

What’s Driving Investor Confidence?

Several factors are driving Waaree’s sustained investor appeal:

• Solid earnings momentum: EPS grew nearly 50% YoY in FY25, while quarterly EPS rose ~20% sequentially.
• Sectoral tailwinds: Increased government focus on solar energy adoption, grid independence, and clean tech.
• Voltshift Energy Acquisition: A strategic move to enhance clean energy integration and diversify revenue streams.
• Strong balance sheet: Low debt, improving return ratios, and growing reserves support long-term capital allocation plans.
• High FII/DII interest: Institutional interest has been rising steadily, further bolstering liquidity and sentiment.

Recent Corporate Developments

• Q1 FY26 Investor Call & Results: Management reiterated its guidance for robust demand in both domestic and export solar module markets.
• Voltshift Acquisition: Acquired 100% stake to enter next-gen energy infrastructure, positioning for future growth.
• Press Release: Detailed investor presentation and commentary published for June 2025 quarter, emphasizing margin discipline and capex efficiency.

Pro Tip

Monitor institutional holding patterns and energy sector policy updates for clues on future price momentum—even fundamentally strong stocks like Waaree can be sensitive to policy shifts and global supply chain dynamics.

Outlook for H2 FY26

Looking ahead, analysts expect continued growth for Waaree Energies as capacity expansion plans materialize and export markets contribute more significantly. The company’s leadership in the solar module manufacturing space and entry into energy transition infrastructure positions it well for the evolving energy mix of India and global markets.

With return ratios improving, capex-backed revenue visibility, and a healthy order book, H2 FY26 is poised to bring additional upside—especially if policy incentives for clean energy deployment are enhanced.

FAQs

Q1: Is Waaree Energies a long-term buy?
Yes, given its strong fundamentals, low debt, and sectoral growth outlook, it remains a favorable pick for long-term investors.

Q2: What’s fueling the stock’s uptrend?
A combination of strong quarterly performance, EPS growth, strategic acquisitions, and clean energy momentum.

Q3: How sustainable is the current EPS growth?
Waaree’s EPS trajectory is backed by increasing revenues, margin expansion, and operational efficiency—making it sustainable over the near-to-medium term.

Conclusion

With consistent profitability, a clean balance sheet, and leadership in the solar segment, Waaree Energies stands out as one of the most promising midcap stocks in India’s renewable energy space. Investors should track upcoming earnings announcements, policy cues, and global clean tech trends to make informed decisions.

Rebalancing your portfolio? Waaree Energies may emerge as a key player in the clean energy space—assess its fundamentals and market momentum before the next potential rally.