Waaree Energies has issued steerage for EBITDA in the vary of ₹5,500 crore to ₹6,000 crores backed by its expanded backward-integrated capability, a rising US manufacturing footprint, and a sturdy world order pipeline,
| Picture Credit score:
VALENTYN OGIRENKO
Using on demand for photo voltaic PV modules from marquee utility-scale builders, Waaree Energies Ltd on Tuesday reported ₹1,932 crore in revenue after tax (PAT) for the 12 months 2024-25, a year-on-year growth of 107 per cent.
“As of March 2025, Waaree boasts an order e-book exceeding 25 GW valued greater than ₹47,000 crore, with demand coming from marquee utility-scale builders and the C&I section. This sturdy pipeline indicators sustained demand throughout high-margin product classes, reaffirming Waaree’s strategic readability and world competitiveness. The corporate goals to additional speed up growth by diversifying into new geographies in abroad markets whereas strengthening its management place in the home market,” the corporate said in an official launch.
The corporate’s whole income stood at ₹14,846 crore for the fiscal 2025, thus reporting a 28 p.c year-on-year growth. “With the corporate getting into FY26 on stable footing, Waaree Energies has issued steerage for EBITDA in the vary of ₹5,500 crore to ₹6,000 crores backed by its expanded backward-integrated capability, a rising US manufacturing footprint, and a sturdy world order pipeline,” the corporate added.
order e-book
Amit Paithankar, Entire-Time Director & CEO, Waaree Energies Ltd, said, “FY25 marks a pivotal inflection level in Waaree’s journey- a 12 months the place our technique, scale, and execution converged to ship industry-leading EBITDA efficiency of ₹3,123.20 crore. This efficiency underscores the power of our execution capabilities and the standard of order e-book, with centred deal with margins. We see encouraging demand tendencies, which bodes nicely for future growth. Waaree is targeted on each integration, mirrored in our growth and funding plans together with cell, ingot and wafer manufacturing, battery vitality storage system, energy infrastructure and inverters. Our 1.6 GW module manufacturing facility is operational in Brookshire, Texas, USA. This reinforces our dedication to the American market and underlines our local-for-local manufacturing philosophy. Our technique of native manufacturing and provide chain administration will assist us navigate by means of the altering coverage surroundings. Moreover, our EBITDA outlook for FY26 stands at ₹ 5,500 crore to ₹6,000 crore. The standard of our order e-book and execution capabilities will allow us to attain these numbers.”
The PAT for the fourth quarter of FY 2025 stood at ₹649 crore, a growth of 254 p.c 12 months on 12 months.
Printed on April 22, 2025
Source link
#Waaree #Energies #reports #growth #PAT #FY25
