Pranay J Doshi

@BB_Street_2024 Can you tell your full view

@J78Pj Intact

Hi everyone 🥳 I am back with new #Gann dates for stocks But but but ⁉️ This time I will provide #Gann dates of that #stocks which you want to know So tell me down in #comment section max 3 stocks you can ask for this week 🔥🔥 I will reply to everyone till tomorrow 😍😍

@BB_Street_2024 Is this view intact or changes in it

@J78Pj 8 May

@ThinkWithSaurav @indiequity But there should be reversal right one side 11% fall not expected in short term what is your view for waaree Energies

Those 23% margins aren’t estimates, they’ve actually delivered that before. They were around 23% in Q4 FY25, even higher in FY26 (Q3 26%), and full year 22%+. so historically margins have been strong. Now it’s down to ~18.6%, which is why the reaction and company is also in a heavy expansion phase (cells, wafers, BESS etc), so some pressure isn’t surprising. key thing now is whether margins stabilise once this capex starts contributing… otherwise market will start questioning it.

Waaree Energies 1. What does the company actually do today? The company is one of India’s largest solar module manufacturers as you know, it produces and sells solar panels across domestic and international markets, along with EPC and service work. Revenue (₹14,000+ crore FY25, ₹22,000 crore TTM) and profit (₹1,900+ crore FY25) are largely coming from module sales, exports (especially US), retail distribution, and EPC. So current earnings are fully driven by the solar module ecosystem. 2. How much of the business is BESS today? BESS contribution today is negligible in revenue and profit terms. The company has started entering BESS and even won a small order (10 MWh), but there is no meaningful revenue yet. So BESS is still early stage and not contributing to earnings today. 3. Where does the company sit in the BESS value chain? The plan is to be fully integrated from cell to battery pack to container-level solutions. But currently, it has no operational scale in BESS. It does not yet control large-scale manufacturing or execution in this segment. So positioning is future integrated player, but current presence is minimal. 4. What is the core business model? The business is product based manufacturing supported by EPC and distribution. Revenue comes from selling modules, executing projects, and retail network sales. This creates repeat demand, but still depends on continuous order inflow. It is not annuity-based, and a large part of revenue is project or order driven. 5. What is the quality of revenue and visibility? The company has a very strong order book (₹60,000 crore) and large pipeline (100+ GW), which gives strong near to medium-term visibility . However, revenue is still execution-based. Orders need to be delivered and depend on project timelines. So visibility is strong but not fully predictable like annuity income. 6. What is the execution status? Core module business is fully operational with large capacity (20+ GW) and strong execution track record. New segments like cells, wafers, BESS, inverters, and transformers are under execution with clear timelines (FY27–FY28). BESS specifically is still in early build-out stage. 7. What will drive margins in this business? Margins are currently driven by scale, export markets (especially US), and premium segments like retail and EPC. Future margin improvement depends on backward integration (cells, wafers) and moving into higher-value segments. But base module business still remains competitive and price-sensitive. 8. What is the financial strength of the company? The company has strong profitability and operating cash flow generation (₹3,000+ crore CFO in FY25). At the same time, debt has increased (₹2,900+ crore) due to expansion. So financial position is strong, but capital deployment is increasing alongside growth. 9. How capital intensive is the business model? This is a highly capital-intensive business, especially with full backward integration and new areas like BESS. The company has announced very large capex (₹25,000+ crore overall plans including BESS ₹10,000 crore) . So growth depends heavily on continuous capital investment. 10. What are the key risks in this business? Pricing pressure in modules is a key risk since it is a competitive global market. Execution risk is high due to multiple large projects running together (cells, wafers, BESS, US expansion). Policy changes and global trade dynamics (like US tariffs) also remain important risks. 11. What are the key triggers and timelines? Near-term triggers include execution of large order book and continued export growth, especially in the US. Medium-term triggers are commissioning of cell, wafer, and BESS capacities (FY27–FY28). These will decide whether the company successfully moves up the value chain. 12. What is management saying vs what is visible? Management is positioning the company as a fully integrated energy platform — covering modules, cells, wafers, BESS, hydrogen, and power infrastructure. The narrative is of becoming an end-to-end energy transition player . What is visible today is still largely a solar module-driven business. Revenue and profit are coming from modules, EPC, and exports, while new segments like BESS and hydrogen are still under development and not contributing meaningfully. 13. What is the real variable to track here? The company is currently generating strong earnings from modules, supported by scale and export demand. At the same time, it is deploying large capital into integration and new segments. So the key variable is whether this capital allocation actually converts into future profits, or if returns remain dependent on the core module business.

@nid_rockz @yashkarishma But still drop down 11%

@yashkarishma Never wrote waaree Energies number was blockbuster bdw

Good #Q2FY26-16/10/25 post 8pm 2 solar related names: Waaree Energies #WaareeEner #WaareeEnergies Blockbuster Q2FY26 🔥 Record quarter with highest ever revenue, EBITDA, PBT and PAT in comps history Solid QoQ and YoY uptick Rev at 6065cr vs 3574cr, Q1 at 4425cr PBT at 1231cr vs 498cr, Q1 at 943cr 32% QoQ growth More than 2.7x YoY PAT at 878cr vs 375cr, Q1 at 772cr Higher tax paid this quarter OCF at 574cr vs 1493cr Solid orderbook Vikram Solar #VikramSolar EBITDA ⏫226% with OPM at 21% vs 12% Big capacity coming up in Q4 and next phase in FY27 Flat QoQ, Q2 is seasonally lean vs other qtrs Rev at 1110cr vs 572cr, Q1 at 1133cr PBT at 185cr vs 11.4cr, Q1 at 182cr PAT at 128cr vs 7.3cr, Q1 at 133cr H2 should be much better OCF at 513cr vs -223cr Orderbook at 11.15 GW Q2 module sales at 784 MW⏫189% 84% utilization Monsoon related logistical challenges in Q2FY26

@BB_Street_2024 Please give gann date for waaree Energies

This whole week #Nifty gave both side movement If you check #daily timeframe It is closing in range today again #Gann date is coming for Nifty Want it ⁉️

@SECTOR_RES0123 Hold or sell?

WAAREE ENERGY ✅

@ThinkWithSaurav After having the result out how it will do tomorrow for waaree Energies

@ThinkWithSaurav Ok understood

Waaree Energies, Vikram Solar, Premier Energies ??

@SwingTrade02 @grok Now what do you expect for tomorrow

Waaree Energies 🔥💯 Tomorrow Will 💚 WhatsApp Group- chat.whatsapp.com/IqmylIArxnh8OA… @grok Please Explain Results in the Comment Box. #Waaree #Waareeenergies #Waareeener

@SwingTrade02 Short term Target

Waaree Energies 🔥 Kal Fatega Lelo, Kal Mil Ke Party Karenge #Waaree #Waareeenergies

@ThinkWithSaurav What is your expectations for result and next two days short term Target

@J78Pj right now the market is reacting to the news and sentiment, so some short-term pressure is expected. Over the longer term, since Waaree has different levers to manage this, the impact may not be that meaningful if execution remains strong.

@reddy73375 What can be target for next week

From ₹800 (Unlisted) ➝ ₹3865 ATH 🚀 We started recommending Waaree Energies in Aug 2023 around ₹800 in the unlisted market. ✔️ Unlisted peak: ₹2800 ✔️ All Time High: ₹3865 ✔️ Current CMP: ₹3300 Strong conviction + early entry = Wealth creation 💰 This is the power of spotting opportunities before listing. #UnlistedShares #WealthCreation #IPO #StockMarketIndia #WaareeEnergies

@ShortTermCharts What is next week target for waaree

Below are stocks I will be checking for this week for entry. VBL Fortis SGFIN Waaree Energies All are strong technically. #Nifty #Banknifty

@brahmesh Can you give same view on waaree Energies

Bank Nifty Analysis #BankNifty: Multiple Gann Dates + Full Moon cycle = Maximum Volatility. April 27th is the "Vibration" trigger. Friday is a holiday, so the "Final Flush" (Bayer Rule 6) happens THURSDAY. Watch for the Mars signature bottom. #BankNifty

@Dynamicinvstr @sunnythedoctor @vishan_29 @ArindamPramnk @darvasboxtrader @Stock_Precision How much to expect from waaree Energies?

@sunnythedoctor @vishan_29 @ArindamPramnk @darvasboxtrader @Stock_Precision Track Waaree energies on mon & Tuesday for swing setup bro results on Wednesday

I hve still 10 lakhs cash suggest 2 stocks 1 also no problem @Dynamicinvstr @vishan_29 @ArindamPramnk @darvasboxtrader @Stock_Precision took position in silver

@TekwaniMohit2 What can be target for next week

waaree energies perfect chart setup👏✌️ breakout retest done today, wednesday results cmp 3287 ready for 3800++++ #waareeener #waaree

@suryachaudhary1 What can be target for next week

Impact on Waaree due to duty from USA on solar import But It’s temporary

@ThinkWithSaurav x.com/i/status/20475…

For next week direction is likely to stay weak because sentiment has turned negative and today’s 3% fall confirms that reaction, also the stock was already correcting after peaking around 20 Apr so this adds to the pressure. If selling continues it can test lower levels but exact moves cant be predicted. If there is no further negative news or if management clarifies impact some stability or bounce is also possible.

@ThinkWithSaurav And also the management hitesh doshi CMD has already cleared it is not harm for waaree Energies it has given an interview also with anil singhvi it is on the zee news handle

@ThinkWithSaurav Because on 29th April there is result which I am assuming will be good plus they are going for fund raising so can it change the positive sentiment for it