WEBSITE BSE:534618 NSE: WAAREERTL Inc. Year: 1999 Industry: Engineering - Construction
Last updated: 15:59
Waaree Renewable Technologies Ltd generates power in India. It generates electricity from solar power plants. The corporation also provides solar enterprise management consultancy offerings. It serves the economic, institutional, and industrial sectors. The business enterprise become previously referred to as Sangam Renewables Ltd and changed its name to Waaree Renewable Technologies Ltd in July 2021. The agency became included in 1999 and is based totally in Mumbai, India. Waaree Renewable Technologies Ltd is a subsidiary of Waaree Energies Lt...Read More
Waaree Renewable Technologies Ltd generates power in India. It generates electricity from solar power plants. The corporation also provides solar enterprise management consultancy offerings. It serves the economic, institutional, and industrial sectors. The business enterprise become previously referred to as Sangam Renewables Ltd and changed its name to Waaree Renewable Technologies Ltd in July 2021. The agency became included in 1999 and is based totally in Mumbai, India. Waaree Renewable Technologies Ltd is a subsidiary of Waaree Energies Ltd. ...Read Less
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Market Cap ₹9117 Cr.
Stock P/E 39.8
P/B 11.7
Current Price ₹873.8
Book Value ₹ 74.6
Face Value 2
52W High ₹1358.5
Dividend Yield 0.11%
52W Low ₹ 732.1
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 150 | 324 | 273 | 236 | 524 | 360 | 477 | 603 | 775 | 851 |
| Other Income | 1 | 0 | 2 | 3 | 3 | 4 | 5 | 5 | 4 | 5 |
| Total Income | 151 | 325 | 275 | 239 | 528 | 364 | 481 | 608 | 779 | 856 |
| Total Expenditure | 119 | 236 | 198 | 195 | 453 | 288 | 350 | 486 | 617 | 692 |
| Operating Profit | 32 | 88 | 77 | 44 | 75 | 76 | 131 | 122 | 162 | 164 |
| Interest | 2 | 0 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -4 | 0 | 0 | 0 |
| Profit Before Tax | 28 | 86 | 72 | 39 | 69 | 71 | 121 | 117 | 157 | 158 |
| Provision for Tax | 7 | 22 | 21 | 11 | 16 | 17 | 27 | 30 | 40 | 38 |
| Profit After Tax | 21 | 64 | 51 | 28 | 54 | 53 | 94 | 86 | 116 | 120 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Profit After Adjustments | 21 | 64 | 51 | 28 | 54 | 54 | 94 | 86 | 116 | 120 |
| Adjusted Earnings Per Share | 2 | 6.2 | 4.9 | 2.7 | 5.1 | 5.1 | 9 | 8.3 | 11.2 | 11.5 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1 | 7 | 6 | 13 | 161 | 351 | 877 | 1598 | 2706 |
| Other Income | 1 | 1 | 2 | 2 | 8 | 2 | 4 | 15 | 19 |
| Total Income | 2 | 8 | 7 | 15 | 170 | 352 | 881 | 1613 | 2724 |
| Total Expenditure | 2 | 4 | 5 | 6 | 138 | 267 | 669 | 1287 | 2145 |
| Operating Profit | 1 | 4 | 2 | 9 | 32 | 85 | 211 | 326 | 579 |
| Interest | 0 | 2 | 3 | 4 | 7 | 5 | 7 | 15 | 15 |
| Depreciation | 0 | 1 | 1 | 2 | 4 | 3 | 6 | 6 | 8 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | -4 |
| Profit Before Tax | 0 | 1 | -3 | 3 | 21 | 77 | 198 | 300 | 553 |
| Provision for Tax | 0 | 3 | 1 | 6 | 12 | 22 | 53 | 72 | 135 |
| Profit After Tax | 0 | -2 | -3 | -2 | 9 | 55 | 145 | 229 | 416 |
| Adjustments | 0 | 0 | 0 | -1 | -0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | -2 | -3 | -4 | 9 | 55 | 145 | 229 | 416 |
| Adjusted Earnings Per Share | 0 | -0.4 | -0.3 | -0.4 | 0.8 | 5.3 | 14 | 22 | 40 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 82% | 115% | 206% | 0% |
| Operating Profit CAGR | 55% | 117% | 177% | 0% |
| PAT CAGR | 58% | 194% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -10% | 109% | 185% | 82% |
| ROE Average | 66% | 84% | 55% | 30% |
| ROCE Average | 82% | 89% | 60% | 40% |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 10 | 9 | 26 | 22 | 30 | 85 | 247 | 455 |
| Minority's Interest | 0 | 30 | 31 | 32 | -0 | -0 | -0 | -0 |
| Borrowings | 0 | 37 | 37 | 114 | 33 | 30 | 27 | 24 |
| Other Non-Current Liabilities | 0 | 3 | 4 | 9 | 14 | 16 | 21 | 28 |
| Total Current Liabilities | 5 | 15 | 25 | 25 | 91 | 151 | 419 | 613 |
| Total Liabilities | 16 | 95 | 122 | 202 | 168 | 283 | 714 | 1120 |
| Fixed Assets | 4 | 32 | 30 | 155 | 73 | 74 | 157 | 198 |
| Other Non-Current Assets | 4 | 50 | 46 | 3 | 1 | 81 | 7 | 111 |
| Total Current Assets | 8 | 13 | 45 | 44 | 93 | 128 | 550 | 812 |
| Total Assets | 16 | 95 | 122 | 202 | 168 | 283 | 714 | 1120 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 27 | 1 | 13 | 3 | 10 |
| Cash Flow from Operating Activities | 0 | -7 | 51 | -2 | 43 | 65 | 128 | 303 |
| Cash Flow from Investing Activities | 0 | -28 | -38 | -105 | 9 | -66 | -114 | -237 |
| Cash Flow from Financing Activities | 0 | 35 | 14 | 81 | -40 | -9 | -7 | -49 |
| Net Cash Inflow / Outflow | 0 | 0 | 27 | -26 | 12 | -10 | 6 | 17 |
| Closing Cash & Cash Equivalent | 0 | 0 | 27 | 1 | 13 | 3 | 10 | 27 |
| # | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.02 | -0.37 | -0.31 | -0.36 | 0.83 | 5.33 | 13.95 | 21.98 |
| CEPS(Rs) | 0.03 | -0.23 | -0.2 | -0.07 | 1.21 | 5.6 | 14.53 | 22.57 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 1 | 1 |
| Book NAV/Share(Rs) | 2.05 | 1.86 | 2.49 | 2.14 | 2.87 | 8.1 | 23.51 | 43.54 |
| Core EBITDA Margin(%) | -17.4 | 45.11 | 6.66 | 53.84 | 14.56 | 23.86 | 23.64 | 19.46 |
| EBIT Margin(%) | 36.15 | 42.27 | 16.85 | 59.63 | 17.43 | 23.45 | 23.41 | 19.73 |
| Pre Tax Margin(%) | 29.69 | 11.66 | -44.35 | 26.2 | 13.14 | 21.94 | 22.64 | 18.81 |
| PAT Margin (%) | 7.06 | -27.2 | -55.9 | -18.24 | 5.51 | 15.77 | 16.57 | 14.33 |
| Cash Profit Margin (%) | 9.81 | -16.58 | -36.38 | -5.21 | 7.78 | 16.61 | 17.27 | 14.73 |
| ROA(%) | 0.58 | -3.46 | -2.94 | -1.46 | 4.8 | 24.57 | 29.13 | 24.96 |
| ROE(%) | 0.9 | -19.55 | -18 | -9.81 | 34.08 | 96.9 | 88.23 | 65.52 |
| ROCE(%) | 4.48 | 10.48 | 1.71 | 7.55 | 26.67 | 84.06 | 99.83 | 81.92 |
| Receivable days | 114.12 | 117.38 | 175.93 | 105.8 | 59.55 | 56.08 | 90.34 | 99.41 |
| Inventory Days | 0 | 0 | 0 | 12.85 | 2.42 | 19.87 | 13.68 | 4.07 |
| Payable days | 0 | 0 | 0 | 612.93 | 91.34 | 96.92 | 106.29 | 78.86 |
| PER(x) | 317.49 | 0 | 0 | 0 | 68.69 | 29.08 | 100.74 | 41.29 |
| Price/Book(x) | 2.84 | 2.14 | 0.87 | 4.63 | 19.77 | 19.12 | 59.77 | 20.85 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0.35 | 0.13 | 0.07 | 0.11 |
| EV/Net Sales(x) | 17.06 | 7.04 | 4.52 | 16.51 | 3.66 | 4.66 | 16.61 | 5.82 |
| EV/Core EBITDA(x) | 43.85 | 13.31 | 12.44 | 22.72 | 18.56 | 19.17 | 68.88 | 28.54 |
| Net Sales Growth(%) | 0 | 440.93 | -19.27 | 128.41 | 1144.35 | 117.32 | 149.74 | 82.29 |
| EBIT Growth(%) | 0 | 532.41 | -67.81 | 708.18 | 263.82 | 192.38 | 149.31 | 53.65 |
| PAT Growth(%) | 0 | -2183.79 | -65.92 | 25.49 | 475.69 | 522.32 | 162.45 | 57.64 |
| EPS Growth(%) | 0 | -2135.52 | 18.07 | -18.05 | 329.45 | 544.16 | 161.99 | 57.56 |
| Debt/Equity(x) | 0.02 | 3.96 | 1.53 | 5.26 | 1.4 | 0.46 | 0.17 | 0.06 |
| Current Ratio(x) | 1.45 | 0.83 | 1.82 | 1.81 | 1.03 | 0.84 | 1.31 | 1.32 |
| Quick Ratio(x) | 1.45 | 0.83 | 1.82 | 1.79 | 1.01 | 0.6 | 1.24 | 1.31 |
| Interest Cover(x) | 5.6 | 1.38 | 0.28 | 1.78 | 4.06 | 15.52 | 30.33 | 21.25 |
| Total Debt/Mcap(x) | 0.01 | 1.85 | 1.75 | 1.13 | 0.07 | 0.02 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 74.48 | 74.46 | 74.46 | 74.46 | 74.44 | 74.39 | 74.39 | 74.39 | 74.39 | 74.32 |
| FII | 0 | 0 | 0.2 | 0.83 | 0.98 | 0.99 | 1.13 | 1.31 | 1.38 | 1.7 |
| DII | 0 | 0.09 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0.01 | 0.11 | 0.13 |
| Public | 25.52 | 25.45 | 25.33 | 24.7 | 24.57 | 24.61 | 24.48 | 24.28 | 24.12 | 23.85 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.55 | 1.55 | 7.76 | 7.76 | 7.76 | 7.76 | 7.76 | 7.76 | 7.76 | 7.76 |
| FII | 0 | 0 | 0.02 | 0.09 | 0.1 | 0.1 | 0.12 | 0.14 | 0.14 | 0.18 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
| Public | 0.53 | 0.53 | 2.64 | 2.57 | 2.56 | 2.57 | 2.55 | 2.53 | 2.51 | 2.49 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2.08 | 2.08 | 10.41 | 10.41 | 10.42 | 10.42 | 10.42 | 10.42 | 10.42 | 10.43 |
* The pros and cons are machine generated.
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