Waaree Renewable Technologies has significantly expanded its business outlook, announcing pursuit of a massive 29 gigawatt order pipeline while maintaining its commitment to profitability targets. The company continues to demonstrate strong operational capabilities with its existing order book execution alongside ambitious expansion plans for the upcoming financial year.

Massive Pipeline Expansion

The company is now pursuing an unprecedented 29 gigawatt order pipeline, representing a substantial increase from its current secured order book. This pipeline includes 5-6 gigawatts of active tenders currently under consideration, along with several Battery Energy Storage System projects that diversify the company's renewable energy portfolio.

New IPP Projects and Investment Plans

Waaree Renewable Technologies has outlined specific plans for Independent Power Producer projects totaling 120 megawatts scheduled for the next financial year. The company estimates the investment cost for these IPP projects at INR 3.00-3.50 crore per megawatt, translating to a total investment requirement of approximately INR 360-420 crores for the entire 120 megawatt capacity.

Current Order Book Execution

Alongside these expansion plans, the company continues to execute its existing secured order book of 2.9 gigawatts within the planned timeline of 12-15 months. The company maintains its target EBITDA margin above 15.00%, demonstrating disciplined financial management while pursuing aggressive growth opportunities.

Strategic Growth Trajectory

The combination of a 29 gigawatt pipeline pursuit, active tender participation, and planned IPP projects positions Waaree Renewable Technologies for substantial growth in the renewable energy sector. The company's approach of maintaining profitability targets while pursuing large-scale expansion demonstrates a balanced strategy for sustainable business development in the competitive renewable energy market.

Waaree renewable technologies Limited has released the audio recording of its earnings conference call for the third quarter of fiscal year 2026, held on January 16, 2026. The call was conducted following the announcement of the company's unaudited financial results for the quarter and nine months ended December 31, 2025.

Regulatory Compliance and Disclosure

The company has formally notified both BSE Limited and the National Stock Exchange of India Limited about the availability of the earnings call recording. This disclosure fulfills the requirements under Regulation 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, which mandates companies to make such information accessible to stakeholders.

Earnings Call Access

The audio recording of the earnings conference call is now available on the company's official website. The call provided investors and shareholders with insights into the company's performance for the third quarter and nine-month period of fiscal year 2026. Company Secretary Heema Shah, with ACS registration number 52919, signed the regulatory filing on January 16, 2026.

Company Information

Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited and is headquartered in Mumbai, Maharashtra. The company is incorporated under the Companies Act with CIN L93000MH1999PLC120470 and operates in the renewable energy sector.

The earnings call recording represents the company's commitment to maintaining transparency with its stakeholders and ensuring compliance with regulatory requirements for listed entities in India.