Waaree Renewables
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Waaree Renewables share price

Waaree Renewable Technologies Ltd.

BSE: 534618 SECTOR: Power Generation/Distribution  170k   394   37

3030.00
+136.90 (4.73%)
BSE: Today, 09:13 AM

Price Summary

Today's High

₹ 3030

Today's Low

₹ 3030

52 Week High

₹ 2893.1

52 Week Low

₹ 157.02

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
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

₹ 31557.23 Cr.

Enterprise Value

₹ 31544.49 Cr.

No. of Shares

10.41 Cr.

P/E

282.3

P/B

153.31

Face Value

₹ 2

Div. Yield

0.01 %

Book Value (TTM)

₹  19.76

CASH

₹ 12.74 Cr.

DEBT

₹ 0 Cr.

Promoter Holding

74.46 %

EPS (TTM)

₹  10.73

Sales Growth

122.54%

ROE

72.98 %

ROCE

98.93%

Profit Growth

191.18 %

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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 Year122.54%
3 Year457.16%
5 Year204.7%

Profit Growth

1 Year191.18%
3 Year585.16%
5 Year253.82%

ROE%

1 Year72.98%
3 Year42.8%
5 Year26.09%

ROCE %

1 Year98.93%
3 Year51.02%
5 Year33.84%

Debt/Equity

0

Price to Cash Flow

542.72

Interest Cover Ratio

68.6351694915254

CFO/PAT (5 Yr. Avg.)

1.24902070349119

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 74.46 0
Dec 2023 74.46 0
Sep 2023 74.48 0
Jun 2023 74.51 0
Mar 2023 74.51 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 585.156763724616% for the Past 3 years.
  • The company has shown a good revenue growth of 457.161549515482% for the Past 3 years.
  • The company has significantly decreased its debt by 0.09 Cr.
  • Company has been maintaining healthy ROE of 42.796433280439% over the past 3 years.
  • Company has been maintaining healthy ROCE of 51.0231491438837% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 68.6351694915254.
  • The Company has been maintaining an effective average operating margins of 23.7366778764133% in the last 5 years.
  • The company has an efficient Cash Conversion Cycle of 77.2191732197865 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.24902070349119.
  • The company has a high promoter holding of 74.46%.

 Limitations

  • The company is trading at a high EV/EBITDA of 195.5981.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 71.99 59.6 127.01 147.5 322.31
Total Expenditure 37.58 38.52 112.64 121.85 236.19
Operating Profit 34.41 21.09 14.37 25.65 86.12
Other Income 1.3 1.12 1.79 2 1.64
Interest 0.08 0.91 0.08 1.66 -0.69
Depreciation 0.05 0.05 0.13 0.71 0.91
Exceptional Items 0 0 0 0 0
Profit Before Tax 35.59 21.26 15.96 25.28 87.54
Tax 8.98 5.62 4 6.7 21.93
Profit After Tax 26.61 15.64 11.96 18.58 65.61
Adjusted EPS (Rs) 2.56 1.5 1.15 1.78 6.3

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 5.03 1.98 7.6 153.56 341.73
Total Expenditure 2.54 1.93 4.85 140.33 265.75
Operating Profit 2.49 0.04 2.75 13.23 75.98
Other Income 0.79 3.11 3.69 14.35 5.18
Interest 2.2 3.38 3.62 1.47 1.18
Depreciation 0.16 0.16 0.16 0.16 0.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.91 -0.4 2.66 25.95 79.81
Provision for Tax 0.6 -0.21 0.32 5.55 20.4
Net Profit 0.37 -0.19 2.34 20.4 59.41
Adjusted EPS (Rs.) 0.06 -0.02 0.22 1.96 5.71

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 10.01 20.81 20.81 20.81 20.81
Total Reserves 0.62 9.61 11.97 31.4 90.62
Borrowings 36.23 36.67 36.94 0.09 0
Other N/C liabilities 0.9 0.72 0.91 0.87 0.91
Current liabilities 0.39 0.56 12.8 78.89 142.1
Total Liabilities 48.14 68.38 83.44 132.06 254.45
Assets
Net Block 3.55 3.4 3.23 3.15 9.27
Capital WIP 0 0 0 0 80.05
Intangible WIP 0 0 0 0 0
Investments 31.9 32.1 32.1 0.22 0.22
Loans & Advances 8.52 31.7 0.62 0.01 0.06
Other N/C Assets 0.03 0.02 0 0 0
Current Assets 4.14 1.16 47.48 128.67 164.85
Total Assets 48.14 68.38 83.44 132.06 254.45
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.91 -0.4 2.66 25.95 79.81
Adjustment 1.57 0.45 0.11 -12.45 -2.75
Changes in Assets & Liabilities 2.37 3.52 0.78 23.17 -13.61
Tax Paid -0.34 -0.27 -0.28 -3.15 -5.3
Operating Cash Flow 4.51 3.3 3.27 33.52 58.15
Investing Cash Flow -31.1 2.89 -8.01 18.59 -66
Financing Cash Flow 26.6 -6.13 4.99 -39.36 -2.31
Net Cash Flow 0.01 0.06 0.25 12.75 -10.16

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 74.51 74.51 74.48 74.46 74.46
waaree energies limited 74.51 74.51 74.48 74.46 74.46
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 25.49 25.49 25.52 25.54 25.54
llp - 0.10 0.14 0.10 0.08
sandeep kapadia 1.47 1.44 - 1.44 1.44
hitesh p mehta 1.44 1.44 - 1.44 -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Company News

Waaree Renewable Technologies informs about scheme of amalgamation23 Mar 2024, 12:30PM Waaree Renewable Technologies gets LoI worth Rs 1,401 crore1 Mar 2024, 12:52PM Waaree Renewable Technologies informs about receipt of order20 Feb 2024, 2:18PM Waaree Renewable Technologies gets LoA worth Rs 990.60 crore20 Feb 2024, 12:59PM Waaree Renewable Technologies informs about award of receipt of order5 Feb 2024, 2:02PM Waaree Renewable Technologies receives LoA for Solar power plant5 Feb 2024, 10:38AM Waaree Renewable Technologies informs about notice of postal ballot30 Jan 2024, 4:39PM Waaree Renewable Technologies gets LoA for Solar power project30 Jan 2024, 9:58AM Waaree Renewables - Quaterly Results20 Jan 2024, 7:31PM Waaree Renewables - Quaterly Results20 Jan 2024, 7:31PM Waaree Renewable Technologies collaborates with 5B Industries29 Dec 2023, 10:18AM Waaree Renewable Technologies informs about allotment under ESOP16 Dec 2023, 11:15AM Waaree Renewable Technologies receives LoI for solar power project5 Dec 2023, 12:16PM Waaree Renewable Technologies submits analyst meet intimation30 Nov 2023, 4:29PM Waaree Renewable Technologies informs about investors meet 16 Nov 2023, 3:39PM Waaree Renewable Technologies gets LoA worth Rs 183 crore7 Nov 2023, 4:11PM Waaree Renewable Technologies informs about conference call1 Nov 2023, 5:14PM Waaree Renewables - Quaterly Results26 Oct 2023, 7:27PM Waaree Renewables - Quaterly Results26 Oct 2023, 7:27PM Waaree Renewable Technologies gets LoI for EPC services 12 Sep 2023, 4:57PM Waaree Renewables - Quaterly Results24 Jul 2023, 3:50PM Waaree Renewables - Quaterly Results24 Jul 2023, 3:50PM Waaree Renewables - Quaterly Results24 Jul 2023, 3:50PM Waaree Renewable Technologies commissions solar power project13 Jul 2023, 11:08AM Waaree Renewable Technologies informs about award of order6 Jul 2023, 2:52PM Waaree Renewable Technologies bags order for Turnkey EPC services6 Jul 2023, 12:00PM Waaree Renewable receives order of Turnkey EPC job work13 Jun 2023, 3:41PM Waaree Renewable Technologies reports 81% jump in Q4 consolidated net profit22 May 2023, 11:43AM Waaree Renewable Technologies informs about earnings presentation22 May 2023, 10:53AM Waaree Renewable Technologies informs about press release22 May 2023, 10:46AM Waaree Renewable Technologies informs about outcome of board meeting20 May 2023, 11:58AM Waaree Renewables - Quaterly Results19 May 2023, 10:46PM Waaree Renewables - Quaterly Results19 May 2023, 10:46PM Waaree Renewable Technologies receives LoA for solar power project 3 May 2023, 4:00PM Waaree Renewable Technologies gets LoA for EPC Services of solar power plant5 Apr 2023, 3:17PM Waaree Renewable Technologies receives LOI for executing Green Hydrogen project in Maharashtra1 Apr 2023, 10:45AM Waaree Renewables - Quaterly Results13 Feb 2023, 6:19PM Waaree Renewables - Quaterly Results13 Feb 2023, 6:19PM Waaree Renewable gets LoA for trunkey EPC services of solar power plant27 Jan 2023, 11:59AM Waaree Renewable Technologies informs about updates25 Jan 2023, 5:08PM Waaree Renewable Technologies signs LoA with one of India's leading construction company14 Jan 2023, 12:01PM Waaree Renewable Technologies receives LoA from one of the reputed steel industry player28 Nov 2022, 9:39AM Waaree Renewables - Quaterly Results9 Nov 2022, 11:53PM Waaree Renewable Technologies informs about outcome of board meeting19 Sep 2022, 3:08PM Waaree Renewable Technologies informs about press release5 Sep 2022, 3:25PM Waaree Renewable Technologies informs about AGM11 Aug 2022, 5:00PM Waaree Renewables - Quaterly Results10 Aug 2022, 6:14PM Waaree Renewables - Quaterly Results10 Aug 2022, 6:14PM Waaree Renewable Technologies informs about disclosure 23 Jul 2022, 2:09PM Waaree Renewable Technologies informs about newspaper advertisement29 Jun 2022, 4:50PM

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 269.541804088173 which is high and comparatively overvalued .

  • Share Price: - The current share price of Waaree Renewables is Rs 2893.1. 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 30.7401180724051 % 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 1.16004247626192 .

  • 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 72.9796017648291 % .(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 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Waaree Renewables has reported revenue growth of 122.536976849136 % 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 22.2349969815607 %.

  • 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 0.0069 %.

  • 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 10.7334 . 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

The share price of Waaree Renewable Technologies Ltd reflects the market perception of the company's value and future prospects. As a long-term stock investor, it is important to analyze the trends and factors affecting the share price. Our pre-built screening tools can be used to track and analyze the share price movement of Waaree Renewable Technologies Ltd, enabling investors to make informed decisions.

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

The price chart of Waaree Renewable Technologies Ltd visually represents the historical movement of the company's stock price over a specific period. It provides insights into trends, patterns, and potential price levels. Our website offers interactive price charts that allow investors to analyze the historical performance of Waaree Renewable Technologies Ltd's stock and identify potential investment opportunities.

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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