Waaree Energies Share Price Surge by 8% Following Strong Q4 Results

Market Performance

Waaree Energies' share price rose significantly, gaining 8% in the morning trade on April 23, 2025, following the announcement of its Q4 results for FY25. Investors responded positively to the company's performance, particularly due to its impressive EBITDA growth guidance for FY26.

Main News

Waaree Energies' Q4 results showed a notable increase in Revenue and profitability, highlighting the company's robust operational performance.

• Net Profit: ₹649 crore, reflecting a 35% year-on-year growth from ₹475.15 crore in Q4 of FY24.
• Operating Revenue: ₹4,003.9 crore, marking a 36.4% increase from ₹2,935.8 crore during the same period last year.
• EBITDA: ₹1,059.57 crore, demonstrating an impressive rise of over 116% from ₹489.94 crore in the previous year.
• EBITDA Margin: 25.59%, substantially improving from 16.29% in Q4 FY24.

The company also highlighted its strong module production growth, which increased to 2.06 GW in Q4 from 1.35 GW in the previous year.

Company Details

Waaree Energies, a leading player in the solar energy sector, has witnessed substantial growth, underpinned by its solid order book and expanded production capacity.

• Annual Production: 7.13 GW, up from 4.77 GW in FY24.
• Order Book: 25 GW, valued at approximately ₹47,000 crore.
• EBITDA Guidance for FY26: ₹5,500-6,000 crore, reflecting the company's confidence in its execution capabilities and growth prospects.

CEO Amit Paithankar emphasized that the company's strong execution and quality of its order book are key to meeting this ambitious target.

Summary of the Article

Waaree Energies' Q4 results have garnered investor confidence, driving its share price by 8%. With impressive Revenue and EBITDA growth and strong production performance, the company is poised for continued growth in FY26, with an optimistic EBITDA forecast. This remarkable performance has established Waaree Energies as a rising contender in the solar energy industry.