FY27 execution to be driven by existing order book plus new inflows
Management expects to execute the current 2.83 GW order book over 12-15 months, supplemented by new orders from the 36 GW pipeline.
WAAREERENEWABLETECHNOLOG / guidance tracker
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Waaree Renewable Technologies · forward-looking guidance across the available source record.
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What management said would happen.
revenue
EBITDA margin guided around 15% but actuals above 19%
Management reiterated a 15% EBITDA margin threshold as a bidding benchmark, though full-year FY26 margin was 19.24%.
IP capex of ~₹3-3.5 crore per MW for 227 MW under construction
The 227 MWp IP projects are being funded through internal accruals; no debt tied up yet.
BESS revenue expected to open up in FY27
Management noted increasing inquiries for battery energy storage systems alongside solar projects, with execution expected in the current financial year.