Waaree Technologies Ltd

Dematerialisation processing and certificate updates

• Dematerialisation requests were processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the earlier issued securities are listed.
• Certificates for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner within prescribed timelines.

FY26 results

• 📊 Revenue from operations fell 30.2% to ₹713.24 lakh in FY26.
• 📊 Total income declined 28.7% to ₹745.19 lakh in FY26.
• 📊 PBT was a loss of ₹407.55 lakh versus ₹555.76 lakh last year.
• 📊 PAT was a loss of ₹417.84 lakh versus ₹565.00 lakh last year.
• 📊 FY26 EPS was negative ₹3.88, versus negative ₹5.25 in FY25.

Half-year performance

• 📊 H2 FY26 revenue from operations was ₹302.64 lakh, down 34.8% YoY.
• 📊 H2 FY26 total income was ₹316.09 lakh, down 34.4% YoY.
• 📊 H2 FY26 PBT loss widened to ₹329.13 lakh from ₹226.63 lakh.
• 📊 H2 FY26 PAT loss widened to ₹245.78 lakh from ₹303.03 lakh.

Cost trends

• 📊 Raw material consumption was ₹306.82 lakh in FY26, down from ₹415.45 lakh.
• 📊 Employee benefit expense fell to ₹173.78 lakh from ₹356.93 lakh.
• 📊 Finance cost rose to ₹59.91 lakh from ₹8.69 lakh.
• 📊 Other expenses were ₹304.60 lakh, versus ₹332.13 lakh last year.

Balance sheet and cash

• 📊 Cash and bank balances rose to ₹226.63 lakh from ₹196.17 lakh.
• 📊 Inventories declined to ₹209.40 lakh from ₹311.69 lakh.
• 📊 Short-term borrowings increased to ₹726.58 lakh from ₹401.37 lakh.
• 📊 Net cash increased ₹30.46 lakh in FY26, versus a ₹224.80 lakh decline last year.

Audit and governance

• 📍 Board approved audited FY26 results and cash flow statements on May 29, 2026.
• 📍 Statutory auditor issued an unmodified opinion on the audited financial results.
• 📍 Investor complaints received during the period: 2; disposed: 2; pending: nil.

Business

• Waaree Technologies Limited reported standalone audited results for the half year and year ended March 31, 2026.
• The document does not describe segment revenue or operating KPIs beyond the financial statements.

Meeting Details

• Board meeting scheduled for May 29, 2026.
• Meeting time and location were not disclosed.

Key Agenda Items

• Approve audited financial results for half year and year ended March 31, 2026.
• Consider the statement of assets and liabilities as of March 31, 2026.
• Consider cash flow statements for the year ended March 31, 2026.
• Take on record the auditors' report on the audited results.

Other Notes

• Trading window closed from April 1, 2026 until 48 hours after results declaration.