| Scrip Code | 544277 |
|---|---|
| NSE Symbol | WAAREEENER |
| MSEI Symbol | NOTLISTED |
| ISIN | INE377N01017 |
| Name of company | Waaree Energies Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 21-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 17-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 21-01-2026 15:00:00 |
| End date and time of board meeting | 21-01-2026 18:15:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 7,56,505.00 | 18,05,652.00 | |
| Other income | 19,618.00 | 52,843.00 | |
| Total income | 7,76,123.00 | 18,58,495.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 4,01,092.00 | 10,17,231.00 |
| (b) | Purchases of stock-in-trade | 29,749.00 | 1,84,413.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (8,551.00) | (1,25,236.00) |
| (d) | Employee benefit expense | 16,775.00 | 45,554.00 |
| (e) | Finance costs | 9,328.00 | 23,261.00 |
| (f) | Depreciation, depletion and amortisation expense | 26,726.00 | 68,908.00 |
| (f) | Other Expenses | ||
| 1 | Other manufacturing and engineering, procurement and construction (EPC) project expenses | 64,901.00 | 1,06,400.00 |
| 2 | Sales, administration and other expenses | 59,723.00 | 1,44,102.00 |
| Total other expenses | 1,24,624.00 | 2,50,502.00 | |
| Total expenses | 5,99,743.00 | 14,64,633.00 | |
| 3 | Total profit before exceptional items and tax | 1,76,380.00 | 3,93,862.00 |
| 4 | Exceptional items | (29,478.00) | (29,478.00) |
| 5 | Total profit before tax | 1,46,902.00 | 3,64,384.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 38,408.00 | 89,837.00 |
| 8 | Deferred tax | (2,185.00) | (1,242.00) |
| 9 | Total tax expenses | 36,223.00 | 88,595.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 1,10,679.00 | 2,75,789.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 1,10,679.00 | 2,75,789.00 |
| 17 | Other comprehensive income net of taxes | 943.00 | (696.00) |
| 18 | Total Comprehensive Income for the period | 1,11,622.00 | 2,75,093.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 952.00 | (680.00) | |
| Total profit or loss, attributable to non-controlling interests | (9.00) | (16.00) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 1,07,198.00 | 2,64,341.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 4,424.00 | 10,752.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 28,764.00 | 28,764.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 36.95 | 92.22 | |
| Diluted earnings (loss) per share from continuing operations | 36.89 | 92 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 36.95 | 92.22 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 36.89 | 92 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Due to word limit Constraint, please refer notes in Outcome results tab. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Solar Photovoltaic Modules | 6,98,956.00 | 16,23,125.00 | ||||
| 2 | Generation of power | 0.00924 | 2,776.00 | ||||
| 3 | Engineering, procurement and construction (EPC) contracts | 83,821.00 | 2,19,120.00 | ||||
| Total Segment Revenue | 7,83,701.00 | 18,45,021.00 | |||||
| Less: Inter segment revenue | 27,196.00 | 39,369.00 | |||||
| Revenue from operations | 7,56,505.00 | 18,05,652.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Solar Photovoltaic Modules | 1,52,668.00 | 3,31,726.00 | ||||
| 2 | Generation of power | 491.00 | 1,713.00 | ||||
| 3 | Engineering, procurement and construction (EPC) contracts | 14,514.00 | 35,290.00 | ||||
| Total Profit before tax | 1,67,673.00 | 3,68,729.00 | |||||
| i. Finance cost | 9,328.00 | 23,261.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 11,443.00 | (18,916.00) | |||||
| Profit before tax | 1,46,902.00 | 3,64,384.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Solar Photovoltaic Modules | 16,32,827.00 | 16,32,827.00 | ||||
| 2 | Generation of power | 40,888.00 | 40,888.00 | ||||
| 3 | Engineering, procurement and construction (EPC) contracts | 92,746.00 | 92,746.00 | ||||
| Total Segment Asset | 17,66,461.00 | 17,66,461.00 | |||||
| Un-allocable Assets | 11,48,518.00 | 11,48,518.00 | |||||
| Net Segment Asset | 29,14,979.00 | 29,14,979.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Solar Photovoltaic Modules | 13,48,880.00 | 13,48,880.00 | ||||
| 2 | Generation of power | 5,851.00 | 5,851.00 | ||||
| 3 | Engineering, procurement and construction (EPC) contracts | 64,825.00 | 64,825.00 | ||||
| Total Segment Liabilities | 14,19,556.00 | 14,19,556.00 | |||||
| Un-allocable Liabilities | 1,08,014.00 | 1,08,014.00 | |||||
| Net Segment Liabilities | 15,27,570.00 | 15,27,570.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement gain/(loss) of the net defined benefit liability / asset | 35.00 | (148.00) |
| Total Amount of items that will not be reclassified to profit and loss | 35.00 | (148.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 10.00 | (36.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Foreign Currency Translation Reserve | 918.00 | (584.00) |
| Total Amount of items that will be reclassified to profit and loss | 918.00 | (584.00) | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 943.00 | (696.00) |