Waaree Renewables
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Waaree Renewables share price

Waaree Renewable Technologies Ltd.

BSE: 534618 SECTOR: Power Generation/Distribution  382k   612   54

1456.35
-9.70 (-0.66%)
BSE: 04 Dec 04:00 PM

Price Summary

Today's High

₹ 1480

Today's Low

₹ 1440

52 Week High

₹ 3037.75

52 Week Low

₹ 285

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
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

₹ 15181.95 Cr.

Enterprise Value

₹ 15075.12 Cr.

No. of Shares

10.42 Cr.

P/E

75.74

P/B

47.49

Face Value

₹ 2

Div. Yield

0.07 %

Book Value (TTM)

₹  30.67

CASH

₹ 116.82 Cr.

DEBT

₹ 10 Cr.

Promoter Holding

74.44 %

EPS (TTM)

₹  19.23

Sales Growth

153.81%

ROE

80.88 %

ROCE

107.22%

Profit Growth

150.71 %

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* 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.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* 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

Track the companies of Group.

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

129.17

Interest Cover Ratio

52.9411

CFO/PAT (5 Yr. Avg.)

0.934506417369327

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 74.44 0.00
Jun 2024 74.46 0.00
Mar 2024 74.46 0.00
Dec 2023 74.46 0.00
Sep 2023 74.48 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 74.44%.

 Limitations

  • The company is trading at a high PE of 75.74.
  • The company is trading at a high EV/EBITDA of 53.2656.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 149.99 322.31 270.54 236.27 524.42
Total Expenditure 119.37 236.19 197.78 195.02 452.88
Operating Profit 30.62 86.12 72.76 41.26 71.54
Other Income 0.96 1.64 2.4 2.84 3.49
Interest 2.43 -0.69 2.81 3.03 4.09
Depreciation 1.55 0.91 0.84 1.51 1.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 27.6 87.54 71.51 39.57 69.39
Tax 6.98 21.93 18.72 11.1 15.81
Profit After Tax 20.62 65.61 52.79 28.47 53.58
Adjusted EPS (Rs) 1.98 6.3 5.07 2.73 5.14

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 Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 74.48 74.46 74.46 74.46 74.44
waaree energies limited 74.48 74.46 74.46 74.46 74.44
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 25.52 25.54 25.54 25.54 25.56
hitesh p mehta - 1.44 - 1.06 1.06
llp 0.14 0.10 0.08 0.05 0.13
sandeep kapadia - 1.44 1.44 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 Renewable Technologies collaborates with 5B Industries 29 Dec, 10:18 AM Waaree Renewable Technologies informs about allotment under ESOP 16 Dec, 11:15 AM Waaree Renewable Technologies receives LoI for solar power project 5 Dec, 12:16 PM Waaree Renewable Technologies submits analyst meet intimation 30 Nov, 4:29 PM Waaree Renewable Technologies informs about investors meet 16 Nov, 3:39 PM Waaree Renewable Technologies gets LoA worth Rs 183 crore 7 Nov, 4:11 PM Waaree Renewable Technologies informs about conference call 1 Nov, 5:14 PM Waaree Renewables - Quaterly Results 26 Oct, 7:27 PM Waaree Renewables - Quaterly Results 26 Oct, 7:27 PM Waaree Renewable Technologies gets LoI for EPC services 12 Sep, 4:57 PM Waaree Renewables - Quaterly Results 24 Jul, 3:50 PM Waaree Renewables - Quaterly Results 24 Jul, 3:50 PM Waaree Renewables - Quaterly Results 24 Jul, 3:50 PM Waaree Renewable Technologies commissions solar power project 13 Jul, 11:08 AM Waaree Renewable Technologies informs about award of order 6 Jul, 2:52 PM Waaree Renewable Technologies bags order for Turnkey EPC services 6 Jul, 12:00 PM Waaree Renewable receives order of Turnkey EPC job work 13 Jun, 3:41 PM Waaree Renewable Technologies reports 81% jump in Q4 consolidated net profit 22 May, 11:43 AM Waaree Renewable Technologies informs about earnings presentation 22 May, 10:53 AM Waaree Renewable Technologies informs about press release 22 May, 10:46 AM Waaree Renewable Technologies informs about outcome of board meeting 20 May, 11:58 AM Waaree Renewables - Quaterly Results 19 May, 10:46 PM Waaree Renewables - Quaterly Results 19 May, 10:46 PM Waaree Renewable Technologies receives LoA for solar power project 3 May, 4:00 PM Waaree Renewable Technologies gets LoA for EPC Services of solar power plant 5 Apr, 3:17 PM Waaree Renewable Technologies receives LOI for executing Green Hydrogen project in Maharashtra 1 Apr, 10:45 AM

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 75.7422884692397 which is high and comparatively overvalued .

  • Share Price: - The current share price of Waaree Renewables is Rs 1456.35. 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 0.0689 %.

  • 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 19.2277 . 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

Waaree Renewable Technologies Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Waaree Renewable Technologies Ltd is a leading player in the renewable energy sector in India. The company was incorporated in [year] and is headquartered in [city, country]. It operates in the solar energy segment and offers a wide range of products and services, including solar modules, solar water pumps, solar water heaters, and solar power plants.

With a strong focus on innovation, Waaree Renewable Technologies Ltd has established itself as a trusted brand in the renewable energy industry. The company's commitment to sustainability and clean energy has contributed to its success in the market.

Waaree Renewable Technologies Ltd - Share Price

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Waaree Renewable Technologies Ltd - Balance Sheet

The balance sheet of Waaree Renewable Technologies Ltd provides a snapshot of the company's financial position at a specific point in time. It shows the company's assets, liabilities, and shareholders' equity. Our website provides access to the company's annual reports, which include the balance sheet. Our premium features, such as DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis, can help investors calculate the fair value of the company's shares based on its balance sheet.

Waaree Renewable Technologies Ltd - Annual Report

The annual report of Waaree Renewable Technologies Ltd is a comprehensive document that provides detailed information about the company's financial performance, strategy, and operations. It includes the financial statements, management discussion and analysis, and other relevant information. The annual report is available for download on our website and can be used by investors to gain insights into the company's performance.

Waaree Renewable Technologies Ltd - Dividend

Dividends are an important consideration for long-term stock investors, as they are a share of the company's profits distributed to shareholders. While the decision to pay dividends is at the discretion of the company's board of directors, analyzing the dividend history and policies can provide insights into the company's financial health and stability. Our website provides access to the dividend history of Waaree Renewable Technologies Ltd, allowing investors to track and analyze the company's dividend payout.

Waaree Renewable Technologies Ltd - Quarterly Result

The quarterly result of Waaree Renewable Technologies Ltd provides an update on the company's financial performance for a specific quarter. It includes the company's revenue, expenses, profit, and other relevant financial indicators. Analyzing the quarterly results can help investors understand the company's growth trajectory and make informed investment decisions. Our premium features, including DCF Analysis, BVPS Analysis, Earnings Multiple Approach, and DuPont Analysis, can assist investors in evaluating the company's financial performance based on its quarterly results.

Waaree Renewable Technologies Ltd - Stock Price

The stock price of Waaree Renewable Technologies Ltd reflects the market's perception of the company's value. It is influenced by various factors such as demand and supply dynamics, industry trends, and market sentiment. Analyzing the stock price trends can provide insights into the company's performance and growth potential. Our pre-built screening tools can be used to track and analyze the stock price movement of Waaree Renewable Technologies Ltd, enabling investors to make informed investment decisions.

Waaree Renewable Technologies Ltd - Price Chart

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Waaree Renewable Technologies Ltd - News

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Waaree Renewable Technologies Ltd - Concall Transcripts

Concall transcripts provide valuable insights into the company's performance, strategy, and management's outlook. They are records of conference calls where management discusses the company's financial results and addresses questions from analysts and investors. Our website provides downloadable concall transcripts of Waaree Renewable Technologies Ltd, allowing investors to delve deeper into the company's performance and understand management's perspective.

Waaree Renewable Technologies Ltd - Investor Presentations

Investor presentations are an important source of information for understanding the company's strategy, operations, and growth prospects. These presentations are typically made to shareholders, analysts, and investors to provide insights into the company's performance and future plans. Our website offers downloadable investor presentations of Waaree Renewable Technologies Ltd, enabling investors to access valuable information and make informed investment decisions.

Waaree Renewable Technologies Ltd - Promoters

The promoters of Waaree Renewable Technologies Ltd are the individuals or entities who have founded the company and contributed significantly to its growth and development. Understanding the background, experience, and track record of the promoters can provide insights into the company's stability and long-term potential. Our website provides information about the promoters of Waaree Renewable Technologies Ltd, allowing investors to assess their credibility and commitment to the company's success.

Waaree Renewable Technologies Ltd - Shareholders

Shareholders are individuals or entities that hold shares in Waaree Renewable Technologies Ltd. Analyzing the shareholding pattern can provide insights into the distribution of ownership and the company's corporate governance practices. Our website offers information about the major shareholders of Waaree Renewable Technologies Ltd, helping investors understand the ownership structure and potential influence on decision-making.

In conclusion, Waaree Renewable Technologies Ltd is a prominent player in the renewable energy sector in India. By analyzing the company's profile, share price, balance sheet, annual reports, dividends, quarterly results, stock price, price charts, news, concall transcripts, investor presentations, promoters, and shareholders, long-term stock investors can gain valuable insights to make informed investment decisions. Utilizing our pre-built screening tools and premium features, investors can further enhance their stock analysis and calculate fair value using various approaches.

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