New Delhi: Solar EPC sector giant Waaree Renewable Technologies Limited (WRTL) is once again in the limelight. The company has received a huge order of Rs 156.66 million from a leading domestic renewable energy company. After this news, the stock recorded a strong rise on Friday as it jumped 10.83 percent to Rs 1308.5 apiece at the time of writing this article. This stock has given huge returns to investors. The company’s order book is also fantastic.
Waaree Renewable bags 150 MW solar power project
The Letter of Award (LOA) received by Waaree Renewable Technologies is for a ground mount solar power project, which will have a capacity of 150 MWac/217.5 MWp. This is an engineering, procurement and construction (EPC) contract, which has a value of about Rs 156.66 million. Waaree Renewable will complete this big domestic project during the financial year 2026-27.
Strong order book of Rs 49,000 Crore
The order book of Waaree Renewable has reached more than 25 GW, which is about Rs 49,000 million, by 30th September 2025. The company has recorded impressive profit growth of 143 percent CAGR in the last 5 years, reflecting its strong project execution capacity and rapidly growing demand.
Company Introduction
Waaree Renewable Technologies Limited is a subsidiary of Waaree Group and is considered one of the leading solar EPC companies in the country. The company develops solar projects on finance, construction, ownership and operation models. Its focus is on long-term investments in the commercial and industrial sectors. The company also develops rooftop and ground-mounted solar projects as well as open access solar farms. Waaree’s objective is to provide clean energy solutions to customers and help reduce carbon emissions.
Waaree Renewable share performance
Waaree Renewable shares jumped 17.85 percent in the last one week, whereas it has registered an increase of 8.72 percent in the last one quarter.
Waaree Renewable details on BSE as of Oct 16, 2025
- Previous Close: 1308.50
- Open: 1302.00
- High: 1334.40
- Low: 1280.00
- 52 Wk High: 1,814.00
- 52 Wk Low: 732.05
- Upper Price Band: 1,570.20
- Lower Price Band: 1,046.80
- Price Band: 20%
- Mcap Full (Cr.): 13,502.02
- EPS (TTM) (Standalone / Consolidated): 38.81 / –
- PE (Standalone / Consolidated): 33.72 / –
- ROE / PB: 126.54 / 42.66
- Face Value: 2.00
In Q2 FY25-26, the company reported revenue of Rs 779.21 crore, net profit of Rs 116.3 crore, and EBITDA of Rs 162.37 crore.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)