Waaree Energies Q4 results: Revenue and net profit could see double-digit growth; key focus on dividend

Waaree Energies, India’s leading solar panel maker will announce its Q4FY26 earnings on Wednesday, April 29, 2026. The company’s results come at a time when the Indian solar sector is facing steep preliminary antidumping duties from the US market.

As per experts, Waaree Energies could report yet another robust quarterly earnings as net profit of the company likely to surge by 80 to 85% YoY and 6 to 8% QoQ to ₹1050 to ₹1,130 crore. Meanwhile, revenue from operations could rise by ₹7,900 to ₹8,100 crore, up 97% to 102% YoY and 4% to 7% QoQ supported by strong export demand and rising solar PV module prices due to global supply constraints.

Waaree Energies reported consolidated revenue of ₹4,004 crore in Q4FY25 and ₹7,565 crore in the previous quarter. Meanwhile, its net profit stood at ₹619 crore in the same quarter of the previous fiscal year and ₹1,062 crore in Q3FY26.

Ahead of the Q4 result announcement, Waaree Energies shares are trading 1.3% higher at ₹3,498. So far this year, Waaree Energies shares have gained over 17% despite volatile market conditions.

Technical outlook

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.

After a sharp rally toward the ₹3,500 zone, it has entered a brief consolidation, suggesting some cooling off rather than outright weakness. In the near term, ₹3,450–₹3,500 acts as immediate resistance, while the ₹3,200–₹3,250 zone offers strong support. As long as the stock holds above this band, dips are likely to be bought into, with a potential continuation toward higher levels.

Options strategy for Waaree Energies

For Waaree Energies, the current setup offers clear levels for strategy-based trades. Directional traders anticipating a breakout above the ₹3,450–₹3,500 resistance zone may consider a Bull Put Spread to benefit from a sustained upmove while keeping risk defined.

On the other hand, if the stock fails to hold momentum and breaks below the immediate support at ₹3,200–₹3,250 zone, a Bear Call Spread could be more suitable, aligning with a bearish bias while taking advantage of range breakdown conditions.

Disclaimer:

Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop losses. The information is only for educational purposes. We do not recommend any particular stock, securities or strategies for trading. The securities mentioned in this article are purely illustrative and not recommendations. Investors are advised to do their own research before investing.