Waaree Energies Recommends ₹2 Final Dividend for FY26: Share Price Down Over 10%

As of April 30, 2026, Waaree Energies has recommended a final dividend of ₹2 per equity share (20% on face value ₹10) for the financial year ended March 31, 2026.

This dividend will be paid after approval from shareholders at the upcoming Annual General Meeting (AGM).

FY26 Dividend Highlights

• Final Dividend: ₹2 per share
• Total Dividend for FY26: ₹4 per share
• Status: Recommended by the Board on April 29, 2026
• Approval: Subject to shareholder approval at AGM 

Waaree Energies Q4 FY26 Performance

Along with the dividend announcement, the company reported strong quarterly results:

• Net profit surged 71% in Q4 FY26
• Reported profit reached ₹1,061 crore
• Revenue growth remained strong, reflecting robust business momentum 

Dividend History and Yield

• Last dividend declared: ₹2 interim dividend on Oct 24, 2025
• Dividend declared in last 12 months: ₹2 per share
• Current dividend yield: 0.06%

About Waaree Energies

Founded in December 1990, Waaree Energies is India’s largest manufacturer and exporter of solar PV modules.

Key highlights:

• Total manufacturing capacity: Over 12 GW
• 5 manufacturing facilities in India
• Domestic solar module market share: 21%
• Share in India’s solar module exports: 44%
• Capacity expanded from 2 GW (FY21) to 13.3 GW (FY24)

Read More: SBI Cards and Payment Services Q4 FY26 Results: Net Profit Rises 14% to ₹609 Crore as NPAs Improve!

Waaree Energies Share Price Movement

As of April 30, 2026, Waaree Energies share price (NSE: WAAREEENER ) closed at ₹3,129.90, down ₹373 or 10.65% for the day. During the session, the stock opened at ₹3,300, touched a high of ₹3,324.90 and a low of ₹3,100. Over the past 52 weeks, the stock has hit a high of ₹3,865 and a low of ₹2,403, while its dividend yield stands at about 0.064% with a quarterly dividend amount of ₹0.501 per share.

Conclusion

Waaree Energies’ dividend recommendation reflects its strong financial performance and growing leadership in the solar energy sector. If approved, the FY26 dividend will reward shareholders while highlighting the company’s continued growth momentum.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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