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  1. Waaree Energies Q4 Results Highlights: Stock falls nearly 11% even as profit rises 71% to ₹1,061 crore, final dividend recommended

Waaree Energies Q4 Results Highlights: Stock falls nearly 11% even as profit rises 71% to ₹1,061 crore, final dividend recommended

Upstox

5 min read | Updated on April 30, 2026, 11:29 IST

SUMMARY

Waaree Energies Q4 Results Highlights: The stock was trading 10.23% lower at ₹3,133.40 apiece on the National Stock Exchange (NSE) at 11:02 am. Intraday, it declined as much as 10.91% to ₹3,120.6 per unit.

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Waaree Energies Limited, established in 1990, is India's leading renewable energy company. | Image: X/@Waareegroup

  1. Waaree Energies Q4 Results Live Updates: Stock falls nearly 11% even as profit rises 71% to ₹1,061 crore, final dividend recommended

    Waaree Energies Q4 Results Live Updates: The stock was trading 10.23% lower at ₹3,133.40 apiece on the National Stock Exchange (NSE) at 11:02 am. Intraday, it declined as much as 10.91% to ₹3,120.6 per unit.

    April 30, 2026, 11:03 AM

  2. Waaree Energies Q4 Results Live Updates: M-cap at ₹90,567 crore

    Waaree Energies Q4 Results Live Updates: The market capitalisation of Waaree Energies stands at ₹90,567.02 crore as the stock is down 10.21% to ₹3,145.10 apiece on the NSE.

    April 30, 2026, 10:16 AM

  3. Waaree Energies Q4 Results Live Updates: Here's what the company's CEO said on earnings

    Waaree Energies Q4 Results Live Updates: Commenting on the results, Jignesh Rathod, Whole Time Director & CEO, Waaree Energies Ltd said, "Waaree Energies Ltd. has delivered a record-breaking performance in FY26, reaching total revenue from operations of ₹26,536.77 Cr. Our operational milestones have been equally significant, as we have scaled our production across module and cell. This year was defined by execution at scale, advancing backward integration and ensuring consistent delivery through operational excellence. Scale expansion improved efficiency and cost leadership, supporting strong demand. Operating EBITDA reached ₹5,908.64 Cr (+117.10%), while total EBITDA and net profit stood at ₹6,616.79 Cr (+111.86%) and ₹3,884.15 Cr (+101.45%), respectively.

    "I am particularly proud to share that we have exceeded our previously issued total EBITDA guidance of ₹5,500 Cr-₹6,000 Cr demonstrating the effectiveness of our growth strategy and disciplined execution. FY26 performance lays a strong foundation for our stated roadmap towards becoming one of the largest non-Chinese energy transition enablers. With expansions into battery energy storage systems, inverters, transformers, transmission and distribution and electrolysers for green hydrogen, Waaree 2.0 – the company’s strategic transformation into a fully-integrated, global clean energy provider. Our ability to deliver end-to-end renewable solutions and positions us as a technology-driven energy company powering global clean energy ambitions," he added.

    Furthermore, he said, "As we enter FY27, company is projecting an Operating EBITDA range of ₹7,000 - 7,700 Cr. Our focus is on deepening value chain integration while scaling next-generation growth engines, strengthening Waaree’s vertical capabilities and expanding into high-potential adjacent segments. Waaree is not just a participant in renewable energy; we are actively driving India's path to energy independence."

    April 30, 2026, 09:57 AM

  4. Waaree Energies Q4 Results Live Updates: Stock falls up to 9%

    Waaree Energies Q4 Results Live Updates: The stock was trading 8.22% lower at ₹3,222 apiece on the National Stock Exchange (NSE) at 9:27 am. Intraday, it declined as much as 9.12% to ₹3,183.2 per unit.

    April 30, 2026, 09:29 AM

  5. Waaree Energies Q4 Results Live Updates: Stock in focus

    Waaree Energies Q4 Results Live Updates: Shares of Waaree Energies will be in focus on Thursday, April 30, after the company released latest Q4 numbers.

    April 30, 2026, 08:06 AM

  6. Waaree Energies Q4 Results Live Updates: Final dividend recommended

    Waaree Energies Q4 Results Live Updates: The Board of Waaree recommended a final dividend of ₹2 per equity share of ₹10 each at the rate of 20% for the year ended March 31, 2026, subject to approval of the Members at the ensuing Annual General Meeting of the company.

    April 30, 2026, 07:35 AM

  7. Waaree Energies Q4 Results Live Updates: Net profit rises 71% to ₹1,061 crore, revenue up 112%

    Waaree Energies Q4 Results Live Updates: Waaree Energies posted a 71.44% increase in its consolidated profit after tax to ₹1,061.1 crore for the quarter ended March 2026, up from ₹618.91 crore in the year-ago quarter.

    Revenue from operations climbed 111.79% to ₹8,480.25 crore in the quarter under review as against ₹4,003.93 crore a year back. READ MORE.

    April 30, 2026, 08:29 AM

  8. Waaree Energies Q4 Results Live Updates: Has the company announced dividend in the past?

    Waaree Energies Q4 Results Live Updates: Yes, Waaree Energies has announced one dividend since listing. It had paid a dividend of ₹2 per share in 2025.

    April 29, 2026, 16:36 PM

  9. Waaree Energies Q4 Results Live Updates: Stock settles 2% higher ahead of earnings, dividend announcement

    Waaree Energies Q4 Results Live Updates: The stock of Waaree Energies settled 2.07% higher at ₹3,525.10 apiece on the National Stock Exchange (NSE) ahead of the earnings and dividend announcement.

    April 29, 2026, 15:39 PM

  10. Waaree Energies Q4 Results Live Updates: Technical outlook

    Waaree Energies Q4 Results Live Updates: Waaree Energies has staged a strong recovery from its March lows, reclaiming its key moving averages and shifting back into a short-term uptrend. The stock is now trading comfortably above its 20-day and 50-day EMAs, with price structure showing higher highs and higher lows. Read More.

    April 29, 2026, 15:07 PM

  11. Waaree Energies Q4 Results Live Updates: How did the company perform in Q3 FY26?

    Waaree Energies Q4 Results Live Updates: The company had posted a 115.64% increase in its consolidated profit after tax (PAT) to ₹1,062.46 crore in the final quarter of the financial year 2025-26. It had posted a profit of ₹492.69 crore a year back.

    Its revenue from operations surged 118.81% to ₹7,565.05 crore in Q3 FY26 as against ₹3,457.29 crore in the year-ago period.

    April 29, 2026, 14:49 PM

  12. Waaree Energies Q4 Results Live Updates: Stock surges over 1% ahead of earnings, dividend announcement

    Waaree Energies Q4 Results Live Updates: Shares of Waaree Energies were trading 1.46% higher at ₹3,504.10 apiece on the National Stock Exchange (NSE) ahead of earnings and dividend announcement.

    April 29, 2026, 14:03 PM

  13. Waaree Energies Q4 Results Live Updates: Stock performance

    Waaree Energies Q4 Results Live Updates: Waaree Energies Q4 Results Live Updates: The stock of Waaree Energies has gained 2.73% in the past week and 13.86% in a month. Year-to-date, it advanced 19.15%.

    April 29, 2026, 13:42 PM

  14. Waaree Energies Q4 Results Live Updates: 52-week high and low

    Waaree Energies Q4 Results Live Updates: The stock had hit its 52-week high of ₹3,865 per share on September 12, 2025, while its 52-week low of ₹2,403 apiece was recorded on January 21, 2026.

    April 29, 2026, 13:16 PM

  15. Waaree Energies Q4 Results Live Updates: Board of Directors

    Waaree Energies Q4 Results Live Updates: Here's a look at Waaree Energies' board of directors.

    • Hitesh Chimanlal Doshi, Chairman & Managing Director, Waaree Group
    • Hitesh Pranjivan Mehta, Wholetime Director
    • Viren Chimanlal Doshi, Wholetime Director
    • Jignesh Rathod, Wholetime Director and CEO
    • Rajender Mohan Malla, Independent Director
    • Richa Manoj Goyal, Independent Director
    • Rajinder Singh Loona, Independent Director
    • Mahesh Chhabria, Independent Director

    April 29, 2026, 12:52 PM

  16. Waaree Energies Q4 Results Live Updates: Revenue, net profit could see double-digit growth

    Waaree Energies Q4 Results Live Updates: As per experts, Waaree Energies' net profit could see a jump of 80% to 85% YoY at ₹1,050 to ₹1,130 crore. Revenue from operations could rise to ₹7,900-₹8,100 crore, up 97% to 102% YoY. Read More.

    April 29, 2026, 11:58 AM

  17. Waaree Energies Q4 Results Live Updates: M-cap above ₹1 lakh crore

    Waaree Energies Q4 Results Live Updates: The market capitalisation of Waaree Energies stands at ₹1,00,677.97 crore as the stock is up 1.27% to ₹3,495.50 apiece on the NSE.

    April 29, 2026, 10:47 AM

  18. Waaree Energies Q4 Results Live Updates: Shares rise 1%

    Waaree Energies Q4 Results Live Updates: Ahead of earnings and dividend announcement, shares of solar panel manufacturer Waaree Energies Ltd were trading 1.07% higher at ₹3,490.6 apiece on the NSE.

    April 29, 2026, 10:05 AM

  19. Waaree Energies Q4 Results Live Updates: Stock rises nearly 1% ahead of earnings, dividend announcement

    Waaree Energies Q4 Results Live Updates: Shares of Waaree Energies were trading 0.78% higher at ₹3,480.50 apiece on the National Stock Exchange (NSE) ahead of earnings and dividend announcement.

    April 29, 2026, 09:34 AM

  20. Waaree Energies Q4 Results Live Updates: Stock in focus

    Waaree Energies Q4 Results Live Updates: Shares of Waaree Energies will be in the spotlight on Wednesday, April 30, ahead of earnings and dividend announcement.

    April 29, 2026, 08:59 AM

  21. Waaree Energies Q4 Results Live Updates: Earning conference call details

    Waaree Energies Q4 Results Live Updates: Waaree Energies will hold its fourth quarter earnings conference call on Thursday, April 30, at 3:00 pm to discuss the financial results.

    April 29, 2026, 08:58 AM

  22. Waaree Energies Q4 Results Live Updates: Solar panel maker to announce earnings, dividend on April 29

    Waaree Energies Q4 Results Live Updates: The board of directors of Solar panel maker Waaree Energies Ltd will meet on Wednesday, April 29, to consider and approve the financial results for the quarter and financial year ended March 31, 2026, and recommend a dividend, if any.

    April 29, 2026, 08:57 AM