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Waaree Renewables share price

Waaree Renewable Technologies Ltd.

NSE: WAAREERTL BSE: 534618 SECTOR: Power Generation/Distribution  4.96 L   812   105

1045.20
0 0
BSE: 01 Aug 04:01 PM

Price Summary

Today's High

₹ 1062.35

Today's Low

₹ 1037.15

52 Week High

₹ 2074.95

52 Week Low

₹ 732.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

10895.85 Cr.

Enterprise Value

10789.03 Cr.

No. of Shares

10.42 Cr.

P/E

37.89

P/B

20.06

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  52.11

CASH

116.82 Cr.

DEBT

10 Cr.

Promoter Holding

74.39 %

EPS (TTM)

₹  27.58

Sales Growth

153.81%

ROE

80.88 %

ROCE

107.22%

Profit Growth

150.71 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year153.81%
3 Year384.99%
5 Year180.11%

Profit Growth

1 Year150.71%
3 Year299.26%
5 Year231.21%

ROE%

1 Year80.88%
3 Year67.29%
5 Year41.67%

ROCE %

1 Year107.22%
3 Year83.7%
5 Year53.11%

Debt/Equity

0.0388

Price to Cash Flow

92.71

Interest Cover Ratio

52.9411

CFO/PAT (5 Yr. Avg.)

0.934506417369327

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 74.39 0.00
Mar 2025 74.39 0.00
Dec 2024 74.39 0.00
Sep 2024 74.44 0.00
Jun 2024 74.46 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 299.264764070702% for the Past 3 years.
  • The company has shown a good revenue growth of 384.990684330419% for the Past 3 years.
  • Company has been maintaining healthy ROE of 67.2874667419634% over the past 3 years.
  • Company has been maintaining healthy ROCE of 83.7019338026353% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 52.9411.
  • The company has a high promoter holding of 74.39%.

 Limitations

  • The company is trading at a high PE of 37.89.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 236.27 524.42 360.25 476.52 603.1
Total Expenditure 195.02 452.88 288.39 350.19 485.54
Operating Profit 41.26 71.54 71.87 126.33 117.56
Other Income 2.84 3.49 3.86 4.94 4.93
Interest 3.03 4.09 3.35 4.38 3.56
Depreciation 1.51 1.56 1.59 1.6 2.2
Exceptional Items 0 0 0 -4.02 0
Profit Before Tax 39.57 69.39 70.79 121.28 116.72
Tax 11.1 15.81 17.24 27.39 30.18
Profit After Tax 28.47 53.58 53.55 93.89 86.54
Adjusted EPS (Rs) 2.73 5.14 5.14 9.01 8.3

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1.98 7.6 153.56 341.73 867.36
Total Expenditure 1.93 4.85 140.33 265.75 668.46
Operating Profit 0.04 2.75 13.23 75.98 198.9
Other Income 3.11 3.69 14.35 5.18 7.83
Interest 3.38 3.62 1.47 1.18 3.86
Depreciation 0.16 0.16 0.16 0.18 2.58
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.4 2.66 25.95 79.81 200.29
Provision for Tax -0.21 0.32 5.55 20.4 51.35
Net Profit -0.19 2.34 20.4 59.41 148.94
Adjusted EPS (Rs.) -0.02 0.22 1.96 5.71 14.3

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 20.81 20.81 20.81 20.81 20.83
Total Reserves 9.61 11.97 31.4 90.62 238.53
Borrowings 36.67 36.94 0.09 0 0
Other N/C liabilities 0.72 0.91 0.87 0.91 8.78
Current liabilities 0.56 12.8 78.89 142.1 427.89
Total Liabilities 68.38 83.44 132.06 254.45 696.02
Assets
Net Block 3.4 3.23 3.15 9.27 93.53
Capital WIP 0 0 0 80.05 3.03
Intangible WIP 0 0 0 0 0
Investments 32.1 32.1 0.22 0.22 0.22
Loans & Advances 31.7 0.62 0.01 0.06 0.53
Other N/C Assets 0.02 0 0 0 3.49
Current Assets 1.16 47.48 128.67 164.85 595.22
Total Assets 68.38 83.44 132.06 254.45 696.02
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.4 2.66 25.95 79.81 200.29
Adjustment 0.45 0.11 -12.45 -2.75 -0.55
Changes in Assets & Liabilities 3.52 0.78 23.17 -13.61 -56.68
Tax Paid -0.27 -0.28 -3.15 -5.3 -25.53
Operating Cash Flow 3.3 3.27 33.52 58.15 117.53
Investing Cash Flow 2.89 -8.01 18.59 -66 -115.28
Financing Cash Flow -6.13 4.99 -39.36 -2.31 4.23
Net Cash Flow 0.06 0.25 12.75 -10.16 6.48

Corporate Actions

Investors Details

PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
promoters 74.46 74.44 74.39 74.39 74.39
waaree energies limited 74.46 74.44 74.39 74.39 74.39
PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
investors 25.54 25.56 25.61 25.61 25.61
hitesh p mehta 1.06 1.06 1.06 1.06 1.06
llp 0.05 0.13 0.10 0.07 0.08

Annual Reports

Title Link
Title Link
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

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Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY25
Concall Q4FY24
Concall Q4FY23
Concall Q3FY24
Concall Q1FY24
TYPE QUARTER Link
TYPE QUARTER Link
Presentation Q4FY25
Presentation Q4FY24
Presentation Q3FY25
Presentation Q3FY24
Presentation Q3FY23
Presentation Q3FY22
Presentation Q2FY24
Presentation Q1FY24

Company News

Waaree Renewable Technologies informs about newspaper advertisement 19 Jul, 2:51 PM Waaree Renewable Technologies informs about financial results 17 Jul, 5:32 PM Waaree Renewable Technologies informs about press release 17 Jul, 4:40 PM Waaree Renewable Technologies reports over 3-fold jump in Q1 consolidated net profit 17 Jul, 3:52 PM Waaree Renewables - Quaterly Results 17 Jul, 2:20 PM Waaree Renewables - Quaterly Results 17 Jul, 2:20 PM Waaree Renewables - Quaterly Results 17 Jul, 2:20 PM Waaree Renewable Technologies secures LoA worth around Rs 26.17 crore 3 Jul, 9:07 AM Waaree Renewable Technologies informs about signing of MoU 23 Jun, 11:38 AM Waaree Renewable Technologies informs about award of order 3 Jun, 2:25 PM Waaree Renewable Technologies secures LoA worth Rs 346.33 crore 3 Jun, 11:18 AM Waaree Renewable Technologies incorporates wholly owned subsidiary 21 May, 12:12 PM Waaree Renewable Technologies reports 83% jump in Q4 consolidated net profit 17 Apr, 11:10 AM Waaree Renewables - Quaterly Results 16 Apr, 5:56 PM Waaree Renewables - Quaterly Results 16 Apr, 5:56 PM Waaree Renewables - Quaterly Results 16 Apr, 5:56 PM Waaree Renewable Technologies receives LoA from Waaree Energies 26 Mar, 9:16 AM Waaree Renewable’s consortium receives LoA for solar power project 11 Mar, 4:29 PM Waaree Renewable Technologies receives LoA worth Rs 40 crore 13 Feb, 3:46 PM Waaree Renewable Technologies informs about disclosure 20 Jan, 5:26 PM Waaree Renewable Technologies secures LoI worth Rs 277.20 crore 20 Jan, 2:27 PM Waaree Renewables - Quaterly Results 16 Jan, 2:37 PM Waaree Renewables - Quaterly Results 16 Jan, 2:37 PM Waaree Renewables - Quaterly Results 16 Jan, 2:37 PM Waaree Renewable Technologies secures 2 GW solar project in Rajasthan 31 Dec, 2:59 PM Waaree Renewable Technologies informs about outcome of board meeting 19 Dec, 3:19 PM Waaree Renewable Technologies bags solar project order worth Rs 1233.47 crore 29 Nov, 12:30 PM Waaree Renewables - Quaterly Results 5 Nov, 5:44 PM Waaree Renewables - Quaterly Results 5 Nov, 5:44 PM Waaree Renewables - Quaterly Results 5 Nov, 5:44 PM Waaree Renewables - Quaterly Results 30 Jul, 7:09 PM Waaree Renewables - Quaterly Results 30 Jul, 7:09 PM Waaree Renewables - Quaterly Results 30 Jul, 7:09 PM Waaree Renewable Technologies gets LoA worth Rs 90.29 crore 15 Jul, 2:13 PM Waaree Renewable Technologies informs about award of receipt of order 26 Jun, 4:59 PM Waaree Renewable Technologies receives LoA for solar power project 26 Jun, 3:15 PM Waaree Renewable Technologies gets LoI for Solar power project 20 May, 9:53 AM Waaree Renewables - Quaterly Results 10 May, 9:55 PM Waaree Renewables - Quaterly Results 10 May, 9:55 PM Waaree Renewable Technologies informs about recommendation of dividend 6 May, 3:44 PM Waaree Renewable Technologies informs about scheme of amalgamation 23 Mar, 12:30 PM Waaree Renewable Technologies gets LoI worth Rs 1,401 crore 1 Mar, 12:52 PM Waaree Renewable Technologies informs about receipt of order 20 Feb, 2:18 PM Waaree Renewable Technologies gets LoA worth Rs 990.60 crore 20 Feb, 12:59 PM Waaree Renewable Technologies informs about award of receipt of order 5 Feb, 2:02 PM Waaree Renewable Technologies receives LoA for Solar power plant 5 Feb, 10:38 AM Waaree Renewable Technologies informs about notice of postal ballot 30 Jan, 4:39 PM Waaree Renewable Technologies gets LoA for Solar power project 30 Jan, 9:58 AM Waaree Renewables - Quaterly Results 20 Jan, 7:31 PM Waaree Renewables - Quaterly Results 20 Jan, 7:31 PM

Waaree Renewables Stock Price Analysis and Quick Research Report. Is Waaree Renewables an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Waaree Renewables . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Waaree Renewables has a PE ratio of 37.8579429901358 which is high and comparatively overvalued .

  • Share Price: - The current share price of Waaree Renewables is Rs 1044.3. One can use valuation calculators of ticker to know if Waaree Renewables share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Waaree Renewables has ROA of 31.3395 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Waaree Renewables has a Current ratio of 1.3911 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Waaree Renewables has a ROE of 80.8764 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Waaree Renewables has a Debt to Equity ratio of 0.0388 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Waaree Renewables has reported revenue growth of 153.8126 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Waaree Renewables for the current financial year is 22.9314588972323 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Waaree Renewables is Rs 1 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Waaree Renewables is Rs 27.5847 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Waaree Renewables in Ticker for free. Also, one can get the intrinsic value of Waaree Renewables by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Waaree Renewables

Current Waaree Renewables Share Price

As of 2nd June 2025, the Waaree Renewables share price on the NSE closed at Rs 1,022.10, reflecting a decrease of 3.15% from its opening price for the day. Trading under the symbol WAAREERTL, the Waaree Renewable Technologies stock price witnessed some profit booking during the session. The stock has been a key focus in the renewable energy sector, showing significant price movements over the past year. For the most current, regularly updated Waaree Renewables share price, please refer to the live ticker section located above on this page. That section provides a real-time WAAREERTL share price summary, including the day's high/low and the 52-week high/low.

Waaree Renewables Share Returns Performance

An analysis of the Waaree Renewables share price history reveals an extraordinary growth trajectory, particularly over the long term. The historical returns as of 2nd June 2025 are as follows:

  • 1 Week: +4.28%
  • 1 Month: -7.75%
  • 3 Months: +17.59%
  • 1 Year: -51.09%
  • 5 Years: +49,731.71%

The Waaree renewable share has delivered staggering returns over a five-year period, marking it as a massive multibagger stock. While the one-year return indicates a significant correction from its peak, the short-term performance shows a recent recovery in the last week and strong gains over the past three months, despite some consolidation in the last month. This pattern highlights both the high-growth and high-volatility nature of the stock. As detailed in the interactive charts and data section above on this webpage, you can explore the share price chart and analyse its returns generated over various specific time frames, such as one week, one month, six months, one year, three years, and five years.

Latest News Impacting Waaree Renewables Share Price

Several key factors have recently influenced the Waaree Renewables share price, from stellar financial results to significant order acquisitions.

The company announced outstanding results for the fourth quarter of FY25. Waaree Renewables reported a remarkable 82.7% year-on-year surge in consolidated net profit to Rs 93.81 crore. Revenue from operations for the quarter also jumped by 74.4% YoY to Rs 476.58 crore. This robust performance, driven by a strong execution pipeline of large-scale solar EPC projects, significantly boosted investor confidence.

Adding to the positive sentiment, Waaree Renewables has been consistently winning new orders. In May 2025, the company secured a significant letter of award for a solar power project worth Rs 114.23 crore under the Mukhyamantri Saur Krushi Vahini Yojana-2.0. As of March 2025, the company reported a massive unexecuted order book of 3.2 GW, providing strong revenue visibility for the next 12-15 months.

Furthermore, a stock split action in March 2024, where the face value was changed from Rs 10 to Rs 2, increased the liquidity of the Waaree renewable share, making it more accessible to retail investors and positively impacting its trading volume.

Conclusion on Waaree Renewables Stock Price

In conclusion, the Waaree Renewables stock price reflects a phenomenal long-term growth story within India's renewable energy sector. While the share has undergone a price correction in the last year, its recent financial performance has been exceptional, and its burgeoning order book provides a strong outlook for future growth. The WAAREERTL stock analysis suggests a stock with high-growth potential, albeit with associated volatility. Investors are closely watching the company's ability to execute its large order book efficiently to sustain its impressive growth trajectory.

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