9-slide pptx on Waaree Renewable Technologies. Use only attached Excel numbers, no invented data. No em dashes, no AI filler. Short sentences, number in every claim. Native charts. Footer: Lakshay Verma | Roll 24144 | WhiteOak GAP 2027. CALL: BUY, CMP Rs813, TP Rs960, upside 18%. S1 Title + rec strip + one-line thesis (capital-light EPC compounder, 14x trailing vs 20.4% PAT CAGR) S2 Exec summary: 4 thesis bullets + valuation table (DCF perpetuity 844, exit multiple 1079, EV/EBITDA 938, P/E 1029, EV/Revenue 764) S3 Business overview: EPC+O&M, IPP, new T&D via APSPL; revenue mix chart FY26 vs Q1FY27 S4 Why now: Q1FY27 run-rate vs FY27E, book-to-bill 1.04x explained as faster execution not weak orders S5 Three pillars: execution scale-up, capital-light cash generation, T&D as new leg S6 Financials table+chart FY24-FY31E (revenue, EBITDA, margin, PAT, EPS) S7 Valuation: WACC/DCF bridge, peer comps, football field chart (fix the exit-multiple EV bug first, PV of FCF was omitted) S8 Bear/base/bull scenarios with per-share values + sensitivity grid S9 Risks (receivables, order book, debt, margin mix, policy) + catalysts + recap of call Plus a separate short doc: 3 next-best ideas, one paragraph each — HBL Engineering, Indian Energy Exchange, National Aluminium.