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Waaree Technologies

₹1585 18.8 | 1.2%

Market Cap ₹1707 Cr.

Stock P/E 9577.0

P/B 151.8

Current Price ₹1585

Book Value ₹ 10.4

Face Value 10

52W High ₹2209.4

Dividend Yield 0%

52W Low ₹ 321.4

Waaree Technologies Research see more...

Overview Inc. Year: 2013Industry: Batteries

Waaree Technologies Ltd does no longer have huge operations. Previously, the business enterprise was engaged in production, providing, and buying and selling adhesive tapes and labels, non-adhesive tapes, and distinctiveness and teslin papers in India. The company was formerly known as H.K. Trade International Ltd and changed its name to Waaree Technologies Ltd in January 2019. Waaree Technologies Ltd was established in 1993 and is based in Mumbai, India.

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Waaree Technologies Share Price

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Peer Comparison

Waaree Technologies Quarterly Results

#(Fig in Cr.) Mar 2015 Mar 2016
Net Sales 1 2
Other Income 0 0
Total Income 1 2
Total Expenditure 1 2
Operating Profit 0 0
Interest 0 0
Depreciation 0 0
Exceptional Income / Expenses 0 0
Profit Before Tax 0 0
Provision for Tax 0 0
Profit After Tax 0 0
Adjustments -0 -0
Profit After Adjustments 0 0
Adjusted Earnings Per Share 0 0.1

Waaree Technologies Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 3 4 5 5 7 1 -1 0 13 29 3
Other Income 0 0 0 0 0 0 0 0 0 0 0
Total Income 3 4 5 5 7 2 -1 0 13 30 3
Total Expenditure 3 4 5 5 7 2 -1 0 13 30 3
Operating Profit 0 0 0 0 0 -0 -0 -0 0 -1 0
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 -0 -0 -0 0 -1 0
Provision for Tax 0 0 0 0 0 -0 -0 -0 0 -0 0
Profit After Tax 0 0 0 0 0 -0 -0 -0 0 -1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 -0 -0 -0 0 -1 0
Adjusted Earnings Per Share 0 0.6 0.3 0.3 0.1 -0.2 -0.4 -0.4 0.2 -1 0.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 123% 0% 33% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 344% 314% 168% NA%
ROE Average -9% -4% -3% -0%
ROCE Average -11% -4% -3% 1%

Waaree Technologies Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 2 2 4 4 4 4 4 4 12 11
Minority's Interest 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 -0 0 -0 -0 -0 -0 -0
Total Current Liabilities 0 1 1 0 0 0 0 0 0 22
Total Liabilities 2 2 5 4 4 4 4 4 12 32
Fixed Assets 0 0 0 0 0 0 0 0 0 7
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 1
Total Current Assets 2 2 4 4 4 4 4 4 12 24
Total Assets 2 2 5 4 4 4 4 4 12 32

Waaree Technologies Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 1 2 1 0 0 0 3 1
Cash Flow from Operating Activities -1 1 -1 -1 -2 0 0 3 -10 9
Cash Flow from Investing Activities -0 -0 0 0 0 0 0 -0 0 -9
Cash Flow from Financing Activities 1 -0 2 -0 0 0 -0 0 8 3
Net Cash Inflow / Outflow 0 1 1 -1 -1 0 -0 3 -2 3
Closing Cash & Cash Equivalent 0 1 2 1 0 0 0 3 1 5

Waaree Technologies Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0.56 0.27 0.29 0.15 -0.22 -0.37 -0.38 0.17 -1.01
CEPS(Rs) 0.26 0.74 0.37 0.39 0.22 -0.22 -0.35 -0.37 0.18 -0.38
DPS(Rs) 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 8.27 10.45 10.74 10.89 10.67 10.3 9.92 11.45 10.44
Core EBITDA Margin(%) 1.72 4.04 1.65 3.27 0.68 -12.38 0 0 -0.54 -3.57
EBIT Margin(%) 0.87 3.82 3.12 3.36 1.42 -3.11 0 0 2.21 -4.77
Pre Tax Margin(%) 0.85 3.77 3.03 3.31 1.33 -6.71 0 0 1.93 -5.02
PAT Margin (%) 0.54 2.52 2.05 2.23 0.8 -5.4 0 0 1.43 -3.7
Cash Profit Margin (%) 1.45 3.33 2.76 2.97 1.19 -5.39 0 0 1.44 -1.39
ROA(%) 0.93 5.12 3.02 2.45 1.27 -1.83 -3.39 -3.74 2.32 -4.84
ROE(%) 1.19 6.82 3.73 2.73 1.37 -2 -3.55 -3.77 2.34 -9.23
ROCE(%) 1.81 10.05 5.69 4.11 2.34 -1.06 -3.18 -6.17 3.6 -10.54
Receivable days 138.94 83.2 78.31 93.57 86.5 402.34 0 0 246.59 56.94
Inventory Days 23.47 30.78 41.08 94.25 65.88 0 0 0 2.14 82.09
Payable days 34.67 42.76 50.19 38.34 4.74 0 0 0 1.5 15.6
PER(x) 0 0 40.92 40.48 0 0 0 0 667.43 0
Price/Book(x) 0 0 1.08 1.09 0 0 0 2.25 10.13 24.96
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.37 0.13 0.4 0.67 0.42 1.9 -3.44 0 9.42 9.5
EV/Core EBITDA(x) 21 2.89 10.46 16.23 23.33 -61.37 -21.67 -22.16 423.54 -384.75
Net Sales Growth(%) 0 24.75 17.8 -3.57 41.98 -78.27 -151.77 -100 0 123.97
EBIT Growth(%) 0 448.12 -3.93 3.96 -39.88 -147.49 -181.21 -81.98 223.9 -583.22
PAT Growth(%) 0 482.35 -4.23 5.27 -48.96 -246.11 -72.53 -2.49 233.14 -680.72
EPS Growth(%) 0 482.3 0 5.27 -49 -246.21 -72.52 -2.5 145.55 -680.9
Debt/Equity(x) 0.06 0 0 0 0.07 0.1 0 0.04 0 0.27
Current Ratio(x) 4.04 3.34 6.24 18.54 11.58 10.95 188.42 18.79 85.37 1.11
Quick Ratio(x) 3.55 2.51 5.34 9.98 9.98 10.95 184.59 18.39 84.83 0.51
Interest Cover(x) 40.05 68.45 37.93 73.3 15.02 -0.86 -14.27 -292.88 7.93 -19.14
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0.02 0 0.01

Waaree Technologies Shareholding Pattern

# Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024
Promoter 64.13 64.29 60.69 60.69 60.69 60.69 55.78 60.42 60.1 59.12
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 35.87 35.71 39.31 39.31 39.31 39.31 44.22 39.58 39.9 40.88
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -4% over the last 3 years.
  • Debtor days have increased from 1.5 to 15.6days.
  • Stock is trading at 151.8 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Waaree Technologies News

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