Waaree Renewable Technologies Share Price Jumps Up to 10%; Here’s Why

DSIJ Intelligence/ 17 Apr 2026 /Categories: Mindshare, Quarterly Results, Trending

Waaree Renewable Technologies Share Price Jumps Up to 10%; Here’s Why

Waaree Renewable Technologies more than doubles FY26 revenue to Rs 3,331 crore; PAT jumps 109 per cent as order book reaches 2.83 GWp.

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On Friday, Indian markets traded on a positive note, with the Nifty 50 rising 0.64 per cent to 24,350.80, up 154.05 points from the previous close of 24,196.75. Amid this, Waaree Renewable Technologies' (WRTL) share price was trading at Rs 1,113.90, up 5.06 per cent from the previous close of Rs 1,060.

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Waaree Renewable Technologies Share Price and Volume

The stock opened at Rs 1,080.15 and touched an Intraday high of Rs 1,202.00 and a low of Rs 1,080.15. The stock has shown strong momentum in recent sessions, gaining around 50 per cent on a month-to-date (MTD) basis. Trading activity remained elevated, with volumes at 1.61 crore shares, compared to its 20-day average of 12.6 lakh shares.

WRTL Q4FY26 Results: YoY Performance

On a YoY basis, revenue from operations increased to Rs 1,102.40 crore in Q4FY26 from Rs 476.58 crore in Q4FY25, registering a growth of approximately 131.3 per cent.

EBITDA rose to Rs 206.82 crore from Rs 126.35 crore, resulting in a growth of around 63.7 per cent. Profit after Tax stood at Rs 155.72 crore, compared to Rs 93.76 crore, marking a growth of approximately 66.1 per cent.

WRTL FY26 Financial Performance (YoY)

For the full financial year FY26, revenue from operations increased to Rs 3,331.42 crore from Rs 1,597.75 crore in FY25, reflecting a growth of 108.5 per cent. EBITDA rose to Rs 641.10 crore from Rs 310.90 crore, registering a growth of approximately 106.2 per cent.

Profit after tax increased to Rs 478.65 crore, compared to Rs 228.92 crore, marking a growth of around 109.1 per cent.

Order Book and Business Outlook

The company reported an unexecuted order book of 2.83 GWp, providing visibility for execution over the next 12–15 months. The bidding pipeline has exceeded 36 GWp.

During the period, the company secured new orders, including 420 MWp, 35 MWp, and 14 MWp ground-mounted Solar projects, supporting future revenue visibility.

About Waaree Renewable

Waaree Renewable Technologies Ltd is engaged in solar EPC (engineering, procurement, and Construction) services and renewable energy project development.

The company operates across utility-scale solar projects and continues to benefit from India’s growing focus on renewable energy and clean power transition.