Q2 revenue up 48%, profit more than doubles; 14 MWp solar plant approved

Revenue Growth 20pctPat Growth 25pctExceptional ItemResults View source PDF Explain this filing

WAAREERTL · price

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Price reactionminutes from the announcement price · days from the prior close

+8.9%Reaction day

₹1128.00

prior close

₹1184.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.5%+9.4% vs market

Other Electrical Equipment peers, median of 42sector-1.0%+9.9% vs sector

On the reaction day the stock moved 9.4 pts more than Nifty Microcap 250 and 9.9 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+4.4

10m

+3.9

15m

+4.6

30m

+7.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.9-0.5+9.4-1.0+9.9

Next day

+10.6-1.7+12.3-2.8+13.4

+4.5-0.7+5.1-1.3+5.8

+15.4-0.2+15.6-1.1+16.5

+13.0-0.7+13.7-1.8+14.8

+9.9+0.3+9.6-2.5+12.5

+8.7+0.9+7.8-1.2+9.9

15d

+7.0+1.4+5.6-1.3+8.3

+3.0+0.3+2.7-1.2+4.2

-14.1-4.5-9.6-9.7-4.4

-10.4-7.4-3.0-17.4+7.0

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 42Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved unaudited Q2 FY26 results. Consolidated revenue rose 47.7% to Rs 774.78 crore from Rs 524.47 crore, and profit attributable to owners more than doubled to Rs 116.30 crore from Rs 53.54 crore; basic EPS was Rs 11.16. H1 revenue was Rs 1,377.97 crore and operating cash flow Rs 83.73 crore. The board also approved a 14 MWp solar plant budget in Maharashtra and an ESOP amendment for shareholder approval.

Likely market impact

Sharp revenue and profit growth is positive for the stock. Watch receivables, up to Rs 614 crore, and the proposed ESOP changes.