Integrated Filing — IndAS
General information about company
| 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 |
29-04-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
21-04-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Fourth quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Audited |
| Segment Reporting |
Multi segment |
| Description of single segment |
|
| Start date and time of board meeting |
29-04-2026 15:00:00 |
| End date and time of board meeting |
29-04-2026 18:30:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| 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 |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
8,48,025.00 |
26,53,677.00 |
|
Other income |
17,973.00 |
70,815.00 |
|
Total income |
8,65,998.00 |
27,24,492.00 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
6,73,863.00 |
16,91,094.00 |
| (b) |
Purchases of stock-in-trade |
(25,642.00) |
1,58,771.00 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(70,261.00) |
(1,95,497.00) |
| (d) |
Employee benefit expense |
14,371.00 |
59,925.00 |
| (e) |
Finance costs |
4,789.00 |
28,050.00 |
| (f) |
Depreciation, depletion and amortisation expense
|
30,064.00 |
98,972.00 |
| (f) |
Other Expenses |
| 1 |
Other manufacturing and engineering, procurement and construction (EPC) project expenses |
47,326.00 |
1,53,726.00 |
| 2 |
Sales, administration and other expenses |
50,693.00 |
1,94,794.00 |
|
Total other expenses |
98,019.00 |
3,48,520.00 |
|
Total expenses |
7,25,203.00 |
21,89,835.00 |
| 3 |
Total profit before exceptional items and tax |
1,40,795.00 |
5,34,657.00 |
| 4 |
Exceptional items |
0.00 |
(29,478.00) |
| 5 |
Total profit before tax |
1,40,795.00 |
5,05,179.00 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
29,522.00 |
1,19,359.00 |
| 8 |
Deferred tax |
(1,353.00) |
(2,595.00) |
| 9 |
Total tax expenses |
28,169.00 |
1,16,764.00 |
| 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 |
1,12,626.00 |
3,88,415.00 |
| 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 |
1,12,626.00 |
3,88,415.00 |
| 17 |
Other comprehensive income net of taxes |
484.00 |
(212.00) |
| 18 |
Total Comprehensive Income for the period |
1,13,110.00 |
3,88,203.00 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
1,06,110.00 |
3,71,130.00 |
|
Total profit or loss, attributable to non-controlling interests |
6,516.00 |
17,285.00 |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
1,06,587.00 |
3,70,927.00 |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
6,523.00 |
17,276.00 |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
28,765.00 |
28,765.00 |
|
Face value of equity share capital |
10 |
10 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
14,14,969.00 |
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
36.91 |
129.1 |
|
Diluted earnings (loss) per share from continuing operations |
36.84 |
128.84 |
| 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 |
36.91 |
129.1 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
36.84 |
128.84 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
31-03-2026 |
| Whether results are audited or unaudited |
Audited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
6,04,667.00 |
|
Capital work-in-progress |
3,47,615.00 |
|
Investment property |
1,510.00 |
|
Goodwill |
2,645.00 |
|
Other intangible assets |
2,227.00 |
|
Intangible assets under development |
56.00 |
|
Biological assets other than bearer plants |
0.00 |
|
Investments accounted for using equity method |
0.00 |
|
Non-current financial assets |
|
|
Non-current investments |
29,231.00 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
|
| 1 |
Right of use assets |
1,21,752.00 |
| 2 |
Security deposit |
5,986.00 |
| 3 |
Other financial assets |
49,215.00 |
|
Total of other non-current financial assets |
1,76,953.00 |
|
Total non-current financial assets |
2,06,184.00 |
|
Deferred tax assets (net) |
15,583.00 |
|
Other non-current assets |
|
| 1 |
Other non-current assets |
62,590.00 |
|
Total of other non-current assets |
62,590.00 |
|
Total non-current assets |
12,43,077.00 |
| 2 |
Current assets |
|
|
Inventories |
5,85,564.00 |
|
Current financial asset |
|
|
Current investments |
66,053.00 |
|
Trade receivables, current |
2,49,232.00 |
|
Cash and cash equivalents |
77,416.00 |
|
Bank balance other than cash and cash equivalents |
5,95,421.00 |
|
Loans, current |
0.00 |
|
Other current financial assets |
|
|
Total of other current financial assets |
1,84,014.00 |
|
Total current financial assets |
11,72,136.00 |
|
Current tax assets (net) |
10,760.00 |
|
Other current assets |
|
|
Total of other current assets |
|
|
Total current assets |
17,68,460.00 |
| 3 |
Non-current assets classified as held for sale |
|
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
30,11,537.00 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
28,765.00 |
|
Other equity |
14,14,969.00 |
|
Total equity attributable to owners of parent |
14,43,734.00 |
|
Non controlling interest |
57,355.00 |
|
Total equity |
15,01,089.00 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
81,514.00 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
0.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
0.00 |
|
Total Trade payable |
0.00 |
|
Other non-current financial liabilities |
|
| 1 |
Other financial liabilities |
0.00 |
|
Total of other non-current financial liabilities |
0.00 |
|
Total non-current financial liabilities |
81,514.00 |
|
Provisions, non-current |
25,436.00 |
|
Deferred tax liabilities (net) |
13,032.00 |
|
Deferred government grants, Non-current |
0.00 |
|
Other non-current liabilities |
|
| 1 |
Other non-current liabilities |
1,19,696.00 |
|
Total of other non-current liabilities |
1,19,696.00 |
|
Total non-current liabilities |
2,39,678.00 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
1,67,639.00 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
15,978.00 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
2,94,803.00 |
|
Total Trade payable |
3,10,781.00 |
|
Other current financial liabilities |
|
| 1 |
Other financial liabilities |
1,56,278.00 |
| 2 |
Lease Liabilities |
7,488.00 |
|
Total of other current financial liabilities |
1,63,766.00 |
|
Total current financial liabilities |
6,42,186.00 |
|
Other current liabilities |
5,63,180.00 |
| 1 |
Other current liabilities |
5,63,180.00 |
|
Total of other current liabilities |
5,63,180.00 |
|
Provisions, current |
36,060.00 |
|
Current tax liabilities (Net) |
29,344.00 |
|
Deferred government grants, Current |
0.00 |
|
Total current liabilities |
12,70,770.00 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
0.00 |
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
|
|
Total liabilities |
15,10,448.00 |
|
Total equity and liabilites |
30,11,537.00 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| 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 |
01-01-2026 |
01-04-2025 |
| Date of end of reporting
period |
31-03-2026 |
31-03-2026 |
| Whether results are audited
or unaudited |
Audited |
Audited |
| 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 |
7,90,215.00 |
24,13,340.00 |
| 2 |
Generation of power |
0.00601 |
3,377.00 |
| 3 |
Engineering, procurement and construction (EPC) contracts |
1,09,069.00 |
3,28,189.00 |
|
Total Segment Revenue |
8,99,885.00 |
27,44,906.00 |
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
8,99,885.00 |
27,44,906.00 |
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
| 1 |
Solar Photovoltaic Modules |
1,10,596.00 |
4,42,323.00 |
| 2 |
Generation of power |
(662.00) |
1,051.00 |
| 3 |
Engineering, procurement and construction (EPC) contracts |
19,485.00 |
54,775.00 |
|
Total Profit before tax |
1,29,419.00 |
4,98,149.00 |
|
i. Finance cost |
4,789.00 |
28,050.00 |
|
ii. Other Unallocable Expenditure net off Unallocable income |
(16,165.00) |
(64,548.00) |
|
Profit before tax |
1,40,795.00 |
5,34,647.00 |
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
| 1 |
Solar Photovoltaic Modules |
18,18,665.00 |
18,18,665.00 |
| 2 |
Generation of power |
42,302.00 |
42,302.00 |
| 3 |
Engineering, procurement and construction (EPC) contracts |
1,31,344.00 |
1,31,344.00 |
|
Total Segment Asset |
19,92,311.00 |
19,92,311.00 |
|
Un-allocable Assets |
10,19,226.00 |
10,19,226.00 |
|
Net Segment Asset |
30,11,537.00 |
30,11,537.00 |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
| 1 |
Solar Photovoltaic Modules |
13,50,809.00 |
13,50,809.00 |
| 2 |
Generation of power |
3,945.00 |
3,945.00 |
| 3 |
Engineering, procurement and construction (EPC) contracts |
70,934.00 |
70,934.00 |
|
Total Segment Liabilities |
14,25,688.00 |
14,25,688.00 |
|
Un-allocable Liabilities |
84,760.00 |
84,760.00 |
|
Net Segment Liabilities |
15,10,448.00 |
15,10,448.00 |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| 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 |
01-01-2026 |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
Audited |
| 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 |
49.00 |
(100.00) |
| 2 |
Equity Instrument through Other Comprehensive income |
37.00 |
37.00 |
|
Total Amount of items that will not be reclassified to profit and loss |
86.00 |
(63.00) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
20.00 |
(17.00) |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
| 1 |
Foreign Currency translation reserve (FCTR) |
418.00 |
(166.00) |
|
Total Amount of items that will be reclassified to profit and loss |
418.00 |
(166.00) |
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
484.00 |
(212.00) |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
31-03-2026 |
| C |
Whether results are audited or unaudited |
Audited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
5,05,179.00 |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
0.00 |
|
Adjustments for decrease (increase) in inventories |
(3,16,353.00) |
|
Adjustments for decrease (increase) in trade receivables, current |
(1,42,538.00) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
0.00 |
|
Adjustments for decrease (increase) in other non-current assets |
(17,262.00) |
|
Adjustments for other financial assets, non-current |
0.00 |
|
Adjustments for other financial assets, current |
(57,039.00) |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
1,01,423.00 |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
90,198.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
98,972.00 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
25,063.00 |
|
Adjustments for provisions, non-current |
11,153.00 |
|
Adjustments for other financial liabilities, current |
5,107.00 |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
12,997.00 |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
0.00 |
|
Adjustments for share-based payments |
1,469.00 |
|
Adjustments for fair value losses (gains) |
0.00 |
|
Adjustments for undistributed profits of associates |
0.00 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
(40,770.00) |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
0.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
(2,27,580.00) |
|
Net cash flows from (used in)
operations |
2,77,599.00 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
1,14,904.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
operating activities |
1,62,695.00 |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
0.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
4,629.00 |
|
Purchase of property, plant and equipment |
4,88,177.00 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
5,86,114.00 |
|
Purchase of other long-term assets |
5,53,299.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
1,139.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
54,276.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
investing activities |
(3,95,318.00) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
53,203.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
1,00,842.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
7,66,857.00 |
|
Repayments of borrowings |
6,11,650.00 |
|
Payments of lease liabilities |
30,075.00 |
|
Dividends paid |
5,753.00 |
|
Interest paid |
16,113.00 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
0.00 |
|
Net cash flows from (used in)
financing activities |
2,57,311.00 |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
24,688.00 |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
1,745.00 |
|
Net increase (decrease) in cash
and cash equivalents |
26,433.00 |
|
Cash and cash equivalents cash flow statement at beginning of period
|
50,983.00 |
|
Cash and cash equivalents cash
flow statement at end of period |
77,416.00 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
SRBC & Co. LLP |
Yes |
28-02-2029 |