Waaree Renewable Technologies Limited — Investor Meet, 30-07-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Waaree Renewable Technologies Limited (WRTL) held an earnings conference call to discuss Q1 FY27 performance. The company reported revenue of ₹924.25 crore, up 53.23% YoY, with EBITDA at ₹173.48 crore and PAT at ₹118.97 crore, a 37.7% YoY increase. WRTL executed 888.81 MW of projects, and its consolidated unexecuted order book stands at ₹5,300 crore. They also completed a 55% acquisition of Associated Power Structures Private Limited (APSPL), an integrated EPC solution provider. Management expressed confidence in the strong industry momentum and long-term potential for renewable energy and transmission segments.

Management sees the APSPL acquisition as a strategic move to integrate grid and power evacuation solutions. While standalone EPC margins improved, consolidated margins saw a slight dip due to the new acquisition. WRTL is focused on timely execution and operational efficiency, aiming for margin improvement across both solar EPC and the newly acquired T&D business. The company is actively pursuing a significant order pipeline and sees robust demand driven by government initiatives. The overall tone from management is one of confidence in future growth and value creation.