{"id":80746,"date":"2026-05-01T16:05:17","date_gmt":"2026-05-01T10:35:17","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=80746"},"modified":"2026-05-01T16:05:19","modified_gmt":"2026-05-01T10:35:19","slug":"waaree-energies-limited-q4-fy26-results-pat-1126-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/","title":{"rendered":"PAT Rs 1,126 Crore | Waaree Energies Q4 FY26 Results"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p>Waaree Energies announced its Q4 FY26 financial results on April 29, 2026, posting PAT of Rs 1,126 crore, a 75 percent year-on-year increase, as the Solar Module Manufacturing company delivered its January to March 2026 quarter earnings. Waaree Energies Q4 FY26 results are closely tracked by investors as a key indicator of the company&#8217;s performance trajectory. This article covers the Waaree Energies Q4 FY26 financial highlights, performance analysis, full year FY26 summary, management outlook, and frequently asked questions on Waaree Energies Q4 results.<\/p>\n<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-limited-q4-fy26-results-pat-1126-crore\/#Waaree_Energies_Q4_FY26_Financial_Highlights\" title=\"Waaree Energies Q4 FY26 Financial Highlights\">Waaree Energies Q4 FY26 Financial Highlights<\/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-limited-q4-fy26-results-pat-1126-crore\/#Waaree_Energies_Q4_FY26_Performance_Analysis\" title=\"Waaree Energies Q4 FY26 Performance Analysis\">Waaree Energies Q4 FY26 Performance Analysis<\/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-limited-q4-fy26-results-pat-1126-crore\/#Waaree_Energies_Full_Year_FY26_Business_Summary\" title=\"Waaree Energies Full Year FY26 Business Summary\">Waaree Energies Full Year FY26 Business Summary<\/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-limited-q4-fy26-results-pat-1126-crore\/#Waaree_Energies_Q4_FY26_Outlook_and_FY27_Priorities\" title=\"Waaree Energies Q4 FY26 Outlook and FY27 Priorities\">Waaree Energies Q4 FY26 Outlook and FY27 Priorities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#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-6\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#Frequently_Asked_Questions_on_Waaree_Energies_Q4_FY26_Results\" title=\"Frequently Asked Questions on Waaree Energies Q4 FY26 Results\">Frequently Asked Questions on Waaree Energies Q4 FY26 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#What_were_the_Waaree_Energies_Q4_FY26_results\" title=\"What were the Waaree Energies Q4 FY26 results?\">What were the Waaree Energies Q4 FY26 results?<\/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-limited-q4-fy26-results-pat-1126-crore\/#What_was_Waaree_Energies_Q4_FY26_PAT\" title=\"What was Waaree Energies Q4 FY26 PAT?\">What was Waaree Energies Q4 FY26 PAT?<\/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-limited-q4-fy26-results-pat-1126-crore\/#What_was_Waaree_Energies_Q4_FY26_revenue\" title=\"What was Waaree Energies Q4 FY26 revenue?\">What was Waaree Energies Q4 FY26 revenue?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#Did_Waaree_Energies_declare_a_dividend_after_Q4_FY26_results\" title=\"Did Waaree Energies declare a dividend after Q4 FY26 results?\">Did Waaree Energies declare a dividend after Q4 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#What_is_the_outlook_for_Waaree_Energies_after_Q4_FY26\" title=\"What is the outlook for Waaree Energies after Q4 FY26?\">What is the outlook for Waaree Energies after Q4 FY26?<\/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-limited-q4-fy26-results-pat-1126-crore\/#How_did_Waaree_Energies_Q4_FY26_compare_year_on_year\" title=\"How did Waaree Energies Q4 FY26 compare year on year?\">How did Waaree Energies Q4 FY26 compare year on year?<\/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-limited-q4-fy26-results-pat-1126-crore\/#What_sector_does_Waaree_Energies_operate_in\" title=\"What sector does Waaree Energies operate in?\">What sector does Waaree Energies operate in?<\/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-limited-q4-fy26-results-pat-1126-crore\/#Is_Waaree_Energies_a_good_investment_after_Q4_FY26_results\" title=\"Is Waaree Energies a good investment after Q4 FY26 results?\">Is Waaree Energies a good investment after Q4 FY26 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/waaree-energies-limited-q4-fy26-results-pat-1126-crore\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_Q4_FY26_Financial_Highlights\"><\/span><strong>Waaree Energies Q4 FY26 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waaree Energies reported Q4 FY26 consolidated net profit of Rs 1,126 crore, a 75 percent year-on-year jump from Rs 644.47 crore in Q4 FY25. Total income more than doubled to Rs 8,659.98 crore from Rs 4,140.92 crore in Q4 FY25. For FY26, PAT was Rs 3,884.15 crore (up 101.45 percent) on revenue of Rs 26,537 crore (up 83.72 percent). Operating EBITDA grew 117 percent to Rs 5,909 crore. The board recommended a dividend of Rs 2 per share and approved a QIP of up to Rs 10,000 crore. The board recommended a dividend of Rs 2 per share for FY26.<\/p>\n<table>\n<tbody>\n<tr>\n<th>Metric<\/th>\n<th>Q4 FY26<\/th>\n<th>Q4 FY25<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<tr>\n<td>Revenue \/ Total Income<\/td>\n<td>Rs 8,659.98 crore total income<\/td>\n<td>Refer NSE\/BSE filing<\/td>\n<td>Grew 111.8 percent YoY<\/td>\n<\/tr>\n<tr>\n<td>PAT<\/td>\n<td>Rs 1,126 crore<\/td>\n<td>Refer NSE\/BSE filing<\/td>\n<td>Higher 75 percent YoY<\/td>\n<\/tr>\n<tr>\n<td>Full Year FY26 PAT<\/td>\n<td>Rs 3,884.15 crore (up 101.45 percent YoY)<\/td>\n<td>Refer filing<\/td>\n<td>As reported<\/td>\n<\/tr>\n<tr>\n<td>Dividend (FY26)<\/td>\n<td>Rs 2 per share<\/td>\n<td>Refer filing<\/td>\n<td>FY26 final<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/univest.in\/blogs-2\/bhansali-engineering-polymers-q4-fy26-results-pat-51-crore\/\">Bhansali Engineering Polymers Q4 FY26 Results<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_Q4_FY26_Performance_Analysis\"><\/span><strong>Waaree Energies Q4 FY26 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waaree Energies Q4 FY26 revenue doubling reflects the company&#8217;s position as India&#8217;s largest solar module manufacturer with 26 GW capacity. The order book stands at approximately Rs 53,000 crore. Waaree Energies Q4 FY26 PAT growth of 75 percent was driven by high capacity utilisation, ALMM-compliant module exports, and operating leverage.<\/p>\n<p>Waaree Energies Q4 FY26 US manufacturing facility in Brookings, South Dakota adds geographic revenue diversification. Operating EBITDA guidance for FY27 stands at Rs 7,000 to 7,700 crore. The Rs 3,900 crore investment in PV glass manufacturing and expansion into BESS, inverters, and green hydrogen positions Waaree as an integrated energy transition company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_Full_Year_FY26_Business_Summary\"><\/span><strong>Waaree Energies Full Year FY26 Business Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>FY26 was a landmark year for Waaree Energies with annual revenue of Rs 26,537 crore (up 83.72 percent), EBITDA of Rs 5,909 crore (up 117 percent), and PAT of Rs 3,884.15 crore (up 101.45 percent). The company solidified its position as the largest non-Chinese solar module manufacturer globally with a 100 GW-plus pipeline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_Q4_FY26_Outlook_and_FY27_Priorities\"><\/span><strong>Waaree Energies Q4 FY26 Outlook and FY27 Priorities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waaree Energies FY27 EBITDA guidance of Rs 7,000 to 7,700 crore reflects confidence in continued order execution and margin expansion. Key growth drivers include expanding US manufacturing, scaling BESS and inverter businesses, and deepening value chain integration from glass to modules.<\/p>\n<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 the <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 get daily stock recommendations and insightful research pieces!<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Waaree Energies Q4 FY26 results<\/strong> provide investors with the company&#8217;s January to March 2026 performance data. Waaree Energies Q4 FY26 PAT of Rs 1,126 crore reflects the operational performance in the Solar Module Manufacturing sector. Investors tracking <strong>Waaree Energies Q4<\/strong> results should review the complete audited financials on NSE and BSE exchange filings before making any investment decision. Waaree Energies Q4 FY26 is an important milestone in the company&#8217;s annual earnings calendar.<\/p>\n<p><em>This article on Waaree Energies Q4 FY26 results is for informational and educational purposes only. It is not investment advice. Please consult a SEBI registered investment advisor before making any investment decision. Past performance is not indicative of future results.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Waaree_Energies_Q4_FY26_Results\"><\/span><strong>Frequently Asked Questions on Waaree Energies Q4 FY26 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_Waaree_Energies_Q4_FY26_results\"><\/span><strong>What were the Waaree Energies Q4 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies Q4 FY26 results were announced on April 29, 2026. The company reported PAT of Rs 1,126 crore for the January to March 2026 quarter. Waaree Energies Q4 FY26 details are in the official NSE and BSE exchange filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Waaree_Energies_Q4_FY26_PAT\"><\/span><strong>What was Waaree Energies Q4 FY26 PAT?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies Q4 FY26 PAT was Rs 1,126 crore, higher 75 percent YoY. The Waaree Energies Q4 FY26 results were announced on April 29, 2026, at the board of directors meeting to approve audited financials.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Waaree_Energies_Q4_FY26_revenue\"><\/span><strong>What was Waaree Energies Q4 FY26 revenue?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies Q4 FY26 revenue was Rs 8,659.98 crore total income. Investors should refer to the NSE and BSE exchange filing for the full audited Waaree Energies Q4 FY26 revenue breakdown and segmental performance data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Waaree_Energies_declare_a_dividend_after_Q4_FY26_results\"><\/span><strong>Did Waaree Energies declare a dividend after Q4 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, Waaree Energies declared a dividend of Rs 2 per share as part of the Q4 FY26 results announcement, subject to shareholder approval at the AGM.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_for_Waaree_Energies_after_Q4_FY26\"><\/span><strong>What is the outlook for Waaree Energies after Q4 FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies FY27 EBITDA guidance of Rs 7,000 to 7,700 crore reflects confidence in continued order execution and margin expansion. Key growth drivers include expanding US manufacturing, scaling BESS and inverter businesses, and deepening value ch&#8230; Investors should monitor management commentary and quarterly filings for updated guidance on Waaree Energies Q4 FY26 performance sustainability into FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Waaree_Energies_Q4_FY26_compare_year_on_year\"><\/span><strong>How did Waaree Energies Q4 FY26 compare year on year?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies Q4 FY26 PAT of Rs 1,126 crore was higher 75 percent YoY. The year-on-year comparison for Waaree Energies Q4 FY26 versus Q4 FY25 is available in the official audited NSE and BSE exchange filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_does_Waaree_Energies_operate_in\"><\/span><strong>What sector does Waaree Energies operate in?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Waaree Energies operates in the Solar Module Manufacturing sector in India and is listed on NSE and BSE. Waaree Energies Q4 FY26 results reflect the broader Solar Module Manufacturing sector trends for the January to March 2026 quarter. Contextualising Waaree Energies Q4 performance within industry dynamics requires reviewing sector-level data alongside management commentary.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Waaree_Energies_a_good_investment_after_Q4_FY26_results\"><\/span><strong>Is Waaree Energies a good investment after Q4 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Whether Waaree Energies is a good investment after the Waaree Energies Q4 FY26 results depends on your individual financial goals, risk tolerance, and investment horizon. Waaree Energies Q4 FY26 results provide one data point on the company&#8217;s trajectory. Always consult a SEBI registered financial advisor before making any investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/torrent-power-q4-results-2026-2\">Torrent Power Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/usha-martin-q4-results-2026\">Usha Martin Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/triveni-engineering-and-industries-q4-results-2026\">Triveni Engineering and Industries Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/utkarsh-small-finance-bank-q4-results-2026\">Utkarsh Small Finance Bank Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n<p class=\"text-xl font-bold font-Inter mb-4\"><a href=\"https:\/\/univest.in\/blogs\/venus-pipes-and-tubes-q4-results-2026\">Venus Pipes and Tubes Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waaree Energies Q4 FY26 results April 29, 2026: PAT Rs 1,126 crore, up 75% YoY. 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