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SASI KUMAR SEBI RA

17th Oct · SEBI-Registered Analyst

Waaree Energies Q2 FY26 – Stellar Growth Across All Metrics

Waaree Energies delivered a robust performance in Q2 FY26, driven by strong solar module demand and capacity expansion. Sales surged 70% YoY to ₹6,066 crore, reflecting higher project executions and improved realizations. Operating profit (EBIDT) soared 168% YoY to ₹1,406 crore, supported by better margins and scale efficiencies. Net profit jumped 133% YoY to ₹878 crore, showcasing exceptional bottom-line growth. Earnings per share (EPS) increased 113% to ₹29.29, indicating sustained profitability momentum. At a stock price of ₹3,627, with a market cap of ₹1,04,339 crore and a PE ratio of 38.6, Waaree Energies continues to shine as one of the leading solar energy players in India’s renewable space.

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