{"id":68491,"date":"2026-04-09T13:13:29","date_gmt":"2026-04-09T07:43:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=68491"},"modified":"2026-04-09T13:13:31","modified_gmt":"2026-04-09T07:43:31","slug":"waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/","title":{"rendered":"Waaree Energies Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook"},"content":{"rendered":"<p>Waaree Energies (NSE: WAAREEENER) is preparing to announce its Q4 FY26 financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on May 2026 (Expected) to approve the audited statements and consider a final dividend recommendation. With the stock at Rs 2,200 \u2014 against a 52-week high of Rs 3,755 and 1-year return of -38% \u2014 the Q4 FY26 results will be a pivotal event for investors.<\/p><p>Analyst estimates for Q4 FY26 revenue stand at Rs 4,500-5,000 Cr, with PAT expectations of Rs 440-510 Cr and margin projections of EBITDA 14-16%. This article covers the Waaree Energies Q4 results 2026 date, earnings estimates, five key performance factors, five risks, analyst ratings, and investor FAQs.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Waaree_Energies_Q4_Results_2026_Date\" title=\"Waaree Energies Q4 Results 2026 Date\">Waaree Energies Q4 Results 2026 Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Why_This_Quarter_Matters\" title=\"Why This Quarter Matters\">Why This Quarter Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Waaree_Energies_Q4_FY26_Earnings_Estimates\" title=\"Waaree Energies Q4 FY26 Earnings Estimates\">Waaree Energies Q4 FY26 Earnings Estimates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#5_Key_Factors_That_Will_Drive_Waaree_Energies_Q4_FY26_Performance\" title=\"5 Key Factors That Will Drive Waaree Energies Q4 FY26 Performance\">5 Key Factors That Will Drive Waaree Energies Q4 FY26 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Revenue_Momentum\" title=\"Revenue Momentum\">Revenue Momentum<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Margin_Trajectory\" title=\"Margin Trajectory\">Margin Trajectory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#PAT_Quality\" title=\"PAT Quality\">PAT Quality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Management_Guidance_for_FY27\" title=\"Management Guidance for FY27\">Management Guidance for FY27<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Dividend_Declaration\" title=\"Dividend Declaration\">Dividend Declaration<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#5_Risks_to_Watch_in_Waaree_Energies_Q4_FY26\" title=\"5 Risks to Watch in Waaree Energies Q4 FY26\">5 Risks to Watch in Waaree Energies Q4 FY26<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#US_Tariff_and_Macro_Headwinds\" title=\"US Tariff and Macro Headwinds\">US Tariff and Macro Headwinds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Earnings_Miss_Risk\" title=\"Earnings Miss Risk\">Earnings Miss Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#FY27_Guidance_Below_Consensus\" title=\"FY27 Guidance Below Consensus\">FY27 Guidance Below Consensus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#FII_Outflow_Continuation\" title=\"FII Outflow Continuation\">FII Outflow Continuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Sector_Regulatory_Risk\" title=\"Sector Regulatory Risk\">Sector Regulatory Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Waaree_Energies_Share_Price_and_Analyst_Ratings\" title=\"Waaree Energies Share Price and Analyst Ratings\">Waaree Energies Share Price and Analyst Ratings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#What_is_the_Waaree_Energies_Q4_results_2026_date\" title=\"What is the Waaree Energies Q4 results 2026 date?\">What is the Waaree Energies Q4 results 2026 date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#What_is_the_Waaree_Energies_Q4_FY26_PAT_estimate\" title=\"What is the Waaree Energies Q4 FY26 PAT estimate?\">What is the Waaree Energies Q4 FY26 PAT estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#What_is_Waaree_Energiess_share_price_ahead_of_Q4_results\" title=\"What is Waaree Energies&#8217;s share price ahead of Q4 results?\">What is Waaree Energies&#8217;s share price ahead of Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Will_Waaree_Energies_declare_a_dividend_in_Q4_FY26\" title=\"Will Waaree Energies declare a dividend in Q4 FY26?\">Will Waaree Energies declare a dividend in Q4 FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Which_analysts_have_a_Buy_rating_on_Waaree_Energies\" title=\"Which analysts have a Buy rating on Waaree Energies?\">Which analysts have a Buy rating on Waaree Energies?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#What_were_Waaree_Energies_Q3_FY26_results\" title=\"What were Waaree Energies Q3 FY26 results?\">What were Waaree Energies Q3 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#When_do_TCS_and_Infosys_announce_Q4_results_2026\" title=\"When do TCS and Infosys announce Q4 results 2026?\">When do TCS and Infosys announce Q4 results 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Is_Waaree_Energies_a_good_investment_ahead_of_Q4_results\" title=\"Is Waaree Energies a good investment ahead of Q4 results?\">Is Waaree Energies a good investment ahead of Q4 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-q4-results-2026-date-revenue-pat-amp-analyst-outlook\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waaree_Energies_Q4_Results_2026_Date\"><\/span><strong>Waaree Energies Q4 Results 2026 Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Get free investment predictions and live Q4 result alerts on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Results Date<\/strong><\/td><td><strong>Article<\/strong><\/td><\/tr><tr><td>TCS<\/td><td>April 9, 2026<\/td><td>Preview on Univest<\/td><\/tr><tr><td>Infosys<\/td><td>April 23, 2026<\/td><td>Preview on Univest<\/td><\/tr><tr><td>Waaree Energies<\/td><td>May 2026 (Expected)<\/td><td>This article<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_Quarter_Matters\"><\/span><strong>Why This Quarter Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Waaree Energies enters Q4 FY26 with expectations of 30-35% YoY module shipment growth. Q4 determines full-year FY26 performance, sets FY27 estimate baselines, and triggers final dividend announcements. At a 1-year return of -38%, this quarter&#8217;s results and FY27 guidance will be critical for determining stock trajectory.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waaree_Energies_Q4_FY26_Earnings_Estimates\"><\/span><strong>Waaree Energies Q4 FY26 Earnings Estimates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-1024x536.jpg\" alt=\"Waaree Energies Q4 FY26 Earnings Estimates\" class=\"wp-image-68498\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-1024x536.jpg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-300x157.jpg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-768x402.jpg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-900x471.jpg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-600x314.jpg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-150x79.jpg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Waaree Energies Q4 FY26 analyst estimates. Source: MOFSL, YES Securities, JM Financial.<\/p><p>Access premium SEBI-registered research on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Q3 FY26 Actual<\/strong><\/td><td><strong>Q4 FY26 Estimate<\/strong><\/td><td><strong>Driver<\/strong><\/td><\/tr><tr><td>Revenue<\/td><td>Rs 4,046 Cr<\/td><td>Rs 4,500-5,000 Cr<\/td><td>Volume + pricing<\/td><\/tr><tr><td>PAT<\/td><td>Rs 402 Cr<\/td><td>Rs 440-510 Cr<\/td><td>Operating leverage<\/td><\/tr><tr><td>Margin<\/td><td>EBITDA 15.4%<\/td><td>EBITDA 14-16%<\/td><td>Cost control<\/td><\/tr><tr><td>Key Growth Metric<\/td><td>Q3 trend<\/td><td>30-35% YoY module shipment growth<\/td><td>Management execution<\/td><\/tr><tr><td>Dividend Estimate<\/td><td>\u2014<\/td><td>Nil expected<\/td><td>Board recommendation<\/td><\/tr><\/tbody><\/table><\/figure><p>Screen <a href=\"https:\/\/univest.in\/screeners\">Waaree Energies fundamentals<\/a> on <a href=\"https:\/\/univest.in\/screeners\">Univest Screener<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Factors_That_Will_Drive_Waaree_Energies_Q4_FY26_Performance\"><\/span><strong>5 Key Factors That Will Drive Waaree Energies Q4 FY26 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Revenue_Momentum\"><\/span><strong>Revenue Momentum<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analysts expect Rs 4,500-5,000 Cr in Q4 FY26 revenue versus Rs 4,046 Cr in Q3. Q4 is seasonally important for the Solar\/Renewable sector and the ability to convert the pipeline into recognised revenue will be the first performance test.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Margin_Trajectory\"><\/span><strong>Margin Trajectory<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Q4 FY26 margin expectations are EBITDA 14-16% versus EBITDA 15.4% in Q3. Input cost trends, employee expenses, and pricing power will determine whether the company can sustain or improve on Q3 levels.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PAT_Quality\"><\/span><strong>PAT Quality<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Net profit is estimated at Rs 440-510 Cr. Investors will assess whether PAT is driven by operational improvement or non-recurring items. A clean recurring profit print is most positively received by institutional investors.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Management_Guidance_for_FY27\"><\/span><strong>Management Guidance for FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The most consequential output will be FY27 guidance \u2014 revenue growth bands, margin targets, and capex plans. Credible FY27 guidance carries significant weight for re-rating potential in the current macro environment.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dividend_Declaration\"><\/span><strong>Dividend Declaration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Waaree Energies is expected to consider a final dividend of Nil expected. The quantum signals management&#8217;s confidence in free cash flow generation and sets expectations for FY27 capital allocation.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Risks_to_Watch_in_Waaree_Energies_Q4_FY26\"><\/span><strong>5 Risks to Watch in Waaree Energies Q4 FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"US_Tariff_and_Macro_Headwinds\"><\/span><strong>US Tariff and Macro Headwinds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The 26% US reciprocal tariff on Indian goods has created macro uncertainty. For Waaree Energies, indirect impacts include FII outflows and earnings estimate cuts if global demand slows.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Earnings_Miss_Risk\"><\/span><strong>Earnings Miss Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>If Waaree Energies&#8217;s Q4 FY26 results miss estimates, the stock could correct sharply. Investors should monitor revenue versus Rs 4,500-5,000 Cr and PAT versus Rs 440-510 Cr as the two primary watchpoints.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FY27_Guidance_Below_Consensus\"><\/span><strong>FY27 Guidance Below Consensus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>If FY27 guidance falls below Street expectations, the stock may decline even if Q4 numbers are in line. Forward guidance carries more weight than the reported quarter currently.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FII_Outflow_Continuation\"><\/span><strong>FII Outflow Continuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>FIIs sold Rs 22,000 crore in Indian equities in a single week following the tariff announcement. Continued selling creates headwinds for Waaree Energies regardless of fundamentals.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sector_Regulatory_Risk\"><\/span><strong>Sector Regulatory Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Solar\/Renewable sector faces evolving regulatory frameworks. Policy changes that increase compliance costs or alter competitive dynamics could affect Waaree Energies&#8217;s profitability.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waaree_Energies_Share_Price_and_Analyst_Ratings\"><\/span><strong>Waaree Energies Share Price and Analyst Ratings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-1024x536.jpeg\" alt=\"Waaree Energies Share Price and Analyst Ratings\" class=\"wp-image-68494\" srcset=\"https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-1024x536.jpeg 1024w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-300x157.jpeg 300w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-768x402.jpeg 768w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-900x471.jpeg 900w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-600x314.jpeg 600w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-150x79.jpeg 150w, https:\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387.jpeg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><p>Waaree Energies share price snapshot and analyst ratings. Source: Brokerages, NSE data.<\/p><p>Waaree Energies is trading at Rs 2,200 as of early April 2026, against a 52-week high of Rs 3,755 and 52-week low of Rs 1,800. Market cap stands at Rs 62,800 Cr.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Brokerage<\/strong><\/td><td><strong>Rating<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Thesis<\/strong><\/td><\/tr><tr><td>MOFSL<\/td><td>Buy<\/td><td>Rs 3,200<\/td><td>Largest solar module maker India; US plant<\/td><\/tr><tr><td>YES Securities<\/td><td>Buy<\/td><td>Rs 3,100<\/td><td>US + Europe + India module demand<\/td><\/tr><tr><td>JM Financial<\/td><td>Add<\/td><td>Rs 3,000<\/td><td>US BIL + IRA local content benefit<\/td><\/tr><tr><td>Bernstein<\/td><td>Outperform<\/td><td>Rs 3,050<\/td><td>Solar supply chain rare equity India<\/td><\/tr><\/tbody><\/table><\/figure><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Waaree Energies live and receive real-time Q4 result alerts.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Waaree Energies Q4 FY26 results on May 2026 (Expected) will be a key event for Solar\/Renewable sector investors. Analysts project PAT of Rs 440-510 Cr and revenue of Rs 4,500-5,000 Cr. At Rs 2,200 with analyst targets from Rs 3,050 to Rs 3,200, FY27 guidance will be the most critical post-results catalyst.<\/p><p>For more Q4 FY26 previews, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Waaree_Energies_Q4_results_2026_date\"><\/span><strong>What is the Waaree Energies Q4 results 2026 date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Waaree Energies Q4 results 2026 date is May 2026 (Expected). The board will meet to approve audited Q4 FY26 financials and consider a final dividend recommendation.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Waaree_Energies_Q4_FY26_PAT_estimate\"><\/span><strong>What is the Waaree Energies Q4 FY26 PAT estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analysts estimate Waaree Energies Q4 FY26 PAT at Rs 440-510 Cr, based on revenue of Rs 4,500-5,000 Cr and margin of EBITDA 14-16%.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Waaree_Energiess_share_price_ahead_of_Q4_results\"><\/span><strong>What is Waaree Energies&#8217;s share price ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Waaree Energies is trading at Rs 2,200. The 52-week high is Rs 3,755 and low is Rs 1,800. The 1-year return is -38% and market cap is Rs 62,800 Cr.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_Waaree_Energies_declare_a_dividend_in_Q4_FY26\"><\/span><strong>Will Waaree Energies declare a dividend in Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Waaree Energies is expected to consider a final dividend of Nil expected at the Q4 FY26 board meeting on May 2026 (Expected).<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_analysts_have_a_Buy_rating_on_Waaree_Energies\"><\/span><strong>Which analysts have a Buy rating on Waaree Energies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>MOFSL (Buy, Rs 3,200), YES Securities (Buy, Rs 3,100), JM Financial (Add, Rs 3,000), Bernstein (Outperform, Rs 3,050) have positive ratings heading into Q4 FY26.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_were_Waaree_Energies_Q3_FY26_results\"><\/span><strong>What were Waaree Energies Q3 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Waaree Energies reported Q3 FY26 revenue of Rs 4,046 Cr and PAT of Rs 402 Cr, with margin at EBITDA 15.4%.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_do_TCS_and_Infosys_announce_Q4_results_2026\"><\/span><strong>When do TCS and Infosys announce Q4 results 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>TCS declared Q4 FY26 results on April 9, 2026. Infosys Q4 FY26 results are scheduled for April 23, 2026. Read both previews on Univest Blogs.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Waaree_Energies_a_good_investment_ahead_of_Q4_results\"><\/span><strong>Is Waaree Energies a good investment ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This depends on your risk appetite. Waaree Energies has compelling long-term factors alongside genuine near-term risks. Consult a SEBI-registered financial advisor before investing.<\/p><p><strong>Disclaimer: <\/strong>Investment in the share market is subject to risk. This article is for informational and educational purposes only. All financial data and analyst estimates are sourced from publicly available information. Verify before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/tcs-share-price-target\">TCS Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/nestle-india-share-price-target\">Nestle India Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p><p><a href=\"http:\/\/univest.in\/blogs\/state-bank-of-india-share-price-target\">State Bank of India Share Price Target 2026: Analyst Forecasts, Bull &amp; Bear Case<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/hindustan-unilever-share-price-target\">Hindustan Unilever Share Price Target 2026 \u2014 Key Factors, Financial Performance &amp; Analyst Forecast<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Waaree Energies (NSE: WAAREEENER) is preparing to announce its Q4 FY26 financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on May 2026 (Expected) to approve the audited statements and consider a final dividend recommendation. With the stock at Rs 2,200 \u2014 against a 52-week high of<\/p>\n","protected":false},"author":27,"featured_media":68495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[3802,3862],"class_list":["post-68491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-q4-results-expectations"],"metadata":{"_edit_lock":["1775722444:27"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:8:{s:62:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-387.jpeg\";a:2:{s:2:\"id\";i:68494;s:11:\"source_type\";s:13:\"media-library\";}s:71:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-387-1024x536.jpeg\";a:2:{s:2:\"id\";i:68494;s:11:\"source_type\";s:13:\"media-library\";}s:94:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387.jpeg\";a:2:{s:2:\"id\";i:68494;s:11:\"source_type\";s:13:\"media-library\";}s:103:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131026\/image-387-1024x536.jpeg\";a:2:{s:2:\"id\";i:68494;s:11:\"source_type\";s:13:\"media-library\";}s:82:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/Waree-Energies-Q4-FY-Estimates.jpg\";a:2:{s:2:\"id\";i:68498;s:11:\"source_type\";s:13:\"media-library\";}s:91:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/Waree-Energies-Q4-FY-Estimates-1024x536.jpg\";a:2:{s:2:\"id\";i:68498;s:11:\"source_type\";s:13:\"media-library\";}s:114:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates.jpg\";a:2:{s:2:\"id\";i:68498;s:11:\"source_type\";s:13:\"media-library\";}s:123:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/09131241\/Waree-Energies-Q4-FY-Estimates-1024x536.jpg\";a:2:{s:2:\"id\";i:68498;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["76"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":[" Waaree Energies Q4 Results 2026: Date, Revenue, PAT &amp; Analyst Outlook"],"rank_math_description":["Waaree Energies Q4 results May 2026 (Expected). 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