Waaree Energies Sees Significant Surge in Share Price Following Impressive Q4 Results

In an exciting turn of events, Waaree Energies experienced a notable 8% increase in its share price during the morning session on Wednesday, April 23. This surge followed the release of its financial results for the fourth quarter of the fiscal year ending on March 31, 2025. Investors are reacting positively to the company’s impressive performance, showcasing robust growth metrics.

Strong Q4 Financial Performance

The recently reported net profit for Waaree Energies reached an impressive ₹649 crore for the quarter ending March 2025, marking a remarkable 35% increase from ₹475.15 crore reported during the same period last year. The company’s operating revenue also saw a significant boost, climbing 36.4% to ₹4,003.9 crore, up from ₹2,935.8 crore in the previous fiscal year.

• Net Profit: ₹649 crore (up 35% YoY)
• Operating Revenue: ₹4,003.9 crore (up 36.4% YoY)

Impressive EBITDA Growth

The earnings before interest, tax, depreciation, and amortization (EBITDA) figures further illustrate the company’s strong performance. Waaree Energies reported an EBITDA of ₹1,059.57 crore, reflecting an astonishing 116% increase over the ₹489.94 crore reported in the same quarter last year. The EBITDA margin also saw a significant rise, reaching 25.59%, compared to 16.29% from last year.

Production and Order Book Expansion

During the fourth quarter, Waaree Energies ramped up its module production to 2.06 GW, a substantial increase from 1.35 GW in the previous fiscal year. For the entire year, production soared to 7.13 GW, up from 4.77 GW in FY24. The company’s order book is currently robust, standing at 25 GW, valued at approximately ₹47,000 crore.

Future Outlook and Guidance

Amit Paithankar, the Whole Time Director and CEO of Waaree Energies, expressed confidence in the company’s future performance, noting that the EBITDA of ₹3,123.20 crore highlights the company’s efficient execution strategies and the quality of its order book, with a focus on maintaining strong margins. The CEO projects an EBITDA outlook for FY26 between ₹5,500 crore and ₹6,000 crore, emphasizing that their capabilities will support achieving these ambitious targets.

Market Response to Share Price Movement

On the BSE, Waaree Energies opened at ₹2,835 on Wednesday, reflecting an 8.5% increase from the previous closing price of ₹2,611.85. The share price continued to rise, reaching an intraday high of ₹2,841, which translates to a nearly 9% gain.

In summary, Waaree Energies is showing strong financial health and positive growth projections, which is resonating well with investors, as evidenced by the significant uptick in its share price. As the company continues to expand its production and order book, it remains a notable player in the energy sector.