Waaree Energies' stock price witnessed a notable surge of 5.69% at 12:05 PM, trading at ₹2,840 on May 14, 2025, up from the previous close of ₹2,687.00. The stock opened at ₹2,730.50 and reached a high of ₹2,873.05 during the session, with a low of ₹2,707.
As per news reports, Waaree Solar Americas Inc., a fully owned subsidiary of India’s Waaree Energies Ltd., revealed plans to invest an additional $200 million in the US during the Select USA Investment Summit, organised by the US Department of Commerce.
This investment will be directed towards the development of battery energy storage systems, enhancing the company’s technological capabilities and promoting the broader adoption of cost-effective energy solutions throughout the United States.
For Q4 FY25, Waaree Energies reported a significant 34.1% YoY increase in net profit, reaching ₹618.9 crore. T
This jump in profitability was driven by a 36.4% rise in revenue from operations, which amounted to ₹4,003.9 crore, up from ₹2,935.8 crore in Q4 of FY24.
At the operating level, EBITDA surged 120.6%, rising to ₹922.6 crore, compared to ₹418.3 crore in the same quarter of the previous fiscal year.
This impressive performance translated into a notable improvement in EBITDA margin, which stood at 23% compared to 14.3% last year.
In addition to strong quarterly results, Waaree Energies also posted robust growth for FY25. The company’s total revenue for FY25 reached ₹14,846.06 crore, marking a year-on-year growth of 27.62%. Its profit after tax more than doubled, jumping by 107.08% to ₹1,932.15 crore, reinforcing the company’s upward trajectory and solidifying its position as a major player in the solar energy sector.
Earlier, Waaree Solar Americas Inc., revealed plans to invest $200 million in expanding its US operations. The focus of this investment will be on advancing battery energy storage systems, aimed at enhancing Waaree's technological capabilities and supporting the widespread adoption of cost-efficient energy solutions.
Additionally, the company has continued to ramp up its production capacity, manufacturing 2.06 GW of solar modules in Q4, up from 1.35 GW in the same period last year.
For the full year, production reached 7.13 GW, significantly higher than the 4.77 GW produced in FY24. Waaree's board also approved plans for further capacity expansion, including a 1.6 GW module manufacturing line in Texas, USA, and an additional 3.2 GW capacity at its Chikhli plant near Pune.
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The strong Q4 results, coupled with Waaree Energies’ expansion into international markets and its focus on advanced energy storage solutions, have contributed to the recent rise in its stock price. Investors are likely to continue keeping a close eye on the company as it continues to scale its operations and enhance its technological capabilities in the clean energy sector.
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Published on: May 14, 2025, 12:18 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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