Results for the half year ended on September 30, 2026.

Date: November 05, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 (Maharashtra) Sub: Outcome of Board Meeting held on Thursday. November 05. 2026 pursuant to Regulation 30 of the Securities and Exchange Board of India {Listjnq Obligations and Disclosure Requirements} Regulations. 2015. {"the SEBI Listing Regulations"). Ref: Waaree Technologies Limited, Scrip Code: 539337 Dear Sir/ Ma'am, The Board of Directors of the Company in their meeting held on Thursday, November OS, 2026, at the registered office of the Company situated at 602, Western Edge-I, Western Express Highway, Borivali (E), Mumbai - 400066, Maharashtra, India, which commenced at 02:00 P.M. and concluded at 03:50 P.M. inter alia transacted the following business(es): 1. approved the Un-audited Financial Results for the Half Year ended on September 30, 2026 along with the Statement of Assets & Liabilities of the Company as on that date and Cash Flow Statements for the half year ended on September 30, 2026 and took on record limited Review Report thereon, pursuant to Regulation 33 of the SEBI Listing Regulations (enclosed herewith). Furthermore, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Company's code of conduct for Prohibition of Insider Trading, the "Trading Window" for trading in the shares of the Company will open from November 08, 2026, for the Directors and Key Management Personnel I Designated Persons and their immediate relatives I Connected Persons of the Company. Kindly take the above on records. Thanking You, Yours Sincerely, For Waaree Technologies Limited Vibhor Kumawat Encl: A/a Waaree Technologies Limited Registered Office: 602, Western Edge-I, Western Express Highway, Borivali (E), Mumbai - 400066, MH, INDIA Tel: +91-22-6644 4444, Fax: +91-22-6644 4400, Email: waaree@waareetech.com, Website: www.waareetech.com, CIN: L74110MH2013PLC244911 Waaree Technologies Limited CIN : L74110MH2013PLC244911 Statement of un-audited Financial Results for the year ended 30th September 2026 (Rs In Lakhs) Year Half Year Ended Half Year Ended Half Year Ended Sr. Ended Particulars No 30-Sept-2026 31-Mar-2026 30-Sep-2025 31-Mar-2026 Unaudited Audited Unaudited Audited 1 INCOME a) Revenue from Operations 1,204.27 302.64 410.60 713.24 b} Other Income 9.02 13.45 18.50 31.95 Total Income 1,213.29 316.09 429.10 745.19 2 EXPENDITURE a) Consumption of Raw Materials 498.58 158.56 148.25 306.82 b) Purchase of Stock in Trade 772.15 100.09 147.59 247.68 c) Changes in Inventories of Work In Progress, (262.74) (0.91) 35.55 Finished Goods and Stock-in-Trade 36.47 d) Employee Benefit Expense 50.54 66.56 107.22 173.78 e) Finance Cost 46.41 31.85 28.06 59.91 f) Depreciation and Amortization Expense 54.27 64.39 108.22 172.61 g) Other Expenses 122.72 187.31 117.29 304.60 1 otal Expenses {Sum of 2 (aJ to (gJ; 1,281.93 645.23 655.72 1,300.95 3 Profit (+) I Loss(-) before tax (1-2) (68.64) (329.14) (226.62) (555.76) 4 Tax Expenses (16.46) (83.36) (54.57) (137.93) 5 Net Profit(+) I Loss(-) after tax (3-4) (52.18) (245.78) (172.05) (417.83) Paid Up Equity Share Capital (Face Value of Rs 6 10/- each) 1,076.81 1,076.81 1,076.81 1,076.81 Reserves Excluding Revaluation Reserves as Per 7 (1,685.60) Balancesheet of Previous Accounting Year 8 Earning Per Share (EPS) Basic and diluted EPS for the period, for the year to date and for the previous year (not to be (0.48} (2.28) (1.60) (3.88) annualized) See accompanying notes to the Financial Results For Waaree Technologies Limited MUMBAI, Date : November OS, i026 Waaree Technologies Limited CIN : l74110MH2013PLC244911 Notes 1) Statement of Assets and Liabilities as on 30th September 2026 (Rs In Lakhs) Asat Asat Particulars 30th Sept 2026 31st March 2026 (Unaudited) (Audited) I. EQUITY AND LIABILITIES (ll Shar�hold�r's Funds (a) Share Capital 1,076.81 1,076.81 (b) Reserves and Surplus (1,737.79) (1,685.60) Subtotal- Shareholder's Funds (660.98) (608.79) (2l Non - Current Liabilities (a) Long Term Provisions 6.15 13.81 (b) Long Term Borrowings 1,349.50 1,384.50 Subtotal - Non Current Liabilities 1,355.65 1,398.31 {3l Current Liabilities (a) Short Term Borrowings 1,405.20 726.58 (b) Trade Payable - total outstanding dues of micro enterprises and small enterprises 113.03 67.79 - Others 125.40 20.47 (c) Other Current liabilities 371.30 127.04 (d) Short Term Provisions 98.25 48.03 Subtotal- Current Liabilities 2,113.18 989.92 TOTAL· EQUITY AND LIABILITIES 2,807.8S 1,779.44 II.ASSETS (1} Non-Current Assets (a) Property, Plant & Equipment and Intangible Assets (i) Property Plant & Equipment 114.59 141.36 (ii) Intangible Assets 73.87 101.07 (iii) Capital Work in Progress (iv) Intangible Assets under development - - (b) Non - Current Investments 19.98 19.98 (c) Deferred Ta,c Assets (Net) 626.37 609.92 (d) Other Non Current Asset 9.65 9.65 Su btota I· Non Current Assets 844.46 881.98 (21 tyrc1ni (a) Inventories 605.59 209.40 (b) Trade Receivables 9.22 11.22 (c) Cash and bank balances 339.88 226.63 (d) Short Term Loans and Advances 1,005.88 446.56 (e) Other Current Assets 2.82 3.65 Subtotal· Current Assets 1,963.39 897.46 TOTAL· ASSETS 2,807.85 1,779.44 MUMBAI, Date: November OS, 2026 Waaree Technologies limited CIN : L74110MH2013PLC244911 Statement of Cash Flow for the year ended 30th September, 2026 !Rs In lakhsl For the half year ended 30th Sept For the half year ended 30th Sept Partlcula� 2026 2025 Cash flow from operating activitles: Profit I (Loss) before tax (68.64) (226.64) Adjusted for: Depreciation & Amortisation 54.27 108.22 Interest Income (2.93) (2.98) Finance Cost 46.41 28.06 Other Non Cash items Operating Profit Before Working Capital Changes 29.11 193.34) Adjusted for (Increase)/ Decrease: -T rade Receivables 2.00 0.48 -lnventortes (396.20) (l.46) -Other Current Asset 0.84 (0.29) -Short Term Loans & Advances (559.32) 7.58 ·Other Current Liabilities 244.26 (68.79) - Trade Payables 150.17 25.52 -long Term Provisions (7.66) 2.92 -Short Term Provisions 50.21 (0.58) Cash Generated From Operations (486.59) (127.95) Direct Tax Paid Net Cash Flow from/(used in) Operating Activities: (Al 1486.59) 1127.95) Cash Flow From Investing Activities: Investment in Plant, Property & Equipment and Other Intangible Assets (0.30) (0.47) Interest Income 2.93 2.98 Net Cash Flow from/(used in) Investing Activities: (BJ 2.63 2.51 Cash Flow from Financing Activities: Proceeds I (Repayment) of Long term Borrowings (35.00) Proceeds/ (Repayment) of Short term Borrowings 678.62 189.19 Interest & Financial Charges (46.41) (28.06) Net Cash Flow from/(used In) Financing Activities ( C) 597.21 161.13 Net lncrease/(Decrease) in Cash & Cash Equivalents (A+B+C) 113.25 35.69 Cash & Cash Equivalents As At Beginning of the Year 226.63 196.17 Cash & Cash Equivalents As At End of the Half Year I Year 339.88 231.86 '°"""P"r'™' 9 '°'"" olog. � .c I '!) I RUSIIABH PANKAI DOSHI �\/,U (DIRECTOR&CFO) �. � MUMBAI, Date : November 05, 2026 (DlN • 07829435) � it 1) The above Financial Results and Statement of Assets and Liabilities were reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on 5th November, 2026 2) The Results for the year ended 30th September 2026 are reviewed by the statutory auditor of the company in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3) The Earning Per Share (EPS) has been computed in accordance with the Accounting Standard on Earnings Per Share (AS20). 4) The Status of Investor's Complaints during the half year ended on 30th September, 2026 is as under Pending at the beginning of the above Period NIL Received during the above Period 1 Disposed during the above Period 1 Remaining unsovled as at the end of above Period NIL 5) Figures of Previous Year I Period have been regrouped/recast wherever necessary, in order to make them comparable. 6) The results for the half year ended [Showing first 8,000 characters — download PDF for full document]