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Waaree Renewables share price

Waaree Renewable Technologies Ltd.

NSE: WAAREERTL BSE: 534618 SECTOR: Power Generation/Distribution  473k   762   101

907.00
-26.00 (-2.79%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 914.95

Today's Low

₹ 892.25

52 Week High

₹ 2649

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

9455.16 Cr.

Enterprise Value

9348.34 Cr.

No. of Shares

10.42 Cr.

P/E

41.2

P/B

20.7

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  43.81

CASH

116.82 Cr.

DEBT

10 Cr.

Promoter Holding

74.39 %

EPS (TTM)

₹  22.01

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

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

80.45

Interest Cover Ratio

52.9411

CFO/PAT (5 Yr. Avg.)

0.934506417369327

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 74.39 0.00
Dec 2024 74.39 0.00
Sep 2024 74.44 0.00
Jun 2024 74.46 0.00
Mar 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 41.2.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 273.24 236.27 524.42 360.25 476.52
Total Expenditure 198.01 195.02 452.88 288.39 350.19
Operating Profit 75.23 41.26 71.54 71.87 126.33
Other Income 2.11 2.84 3.49 3.86 4.94
Interest 3.54 3.03 4.09 3.35 4.38
Depreciation 1.69 1.51 1.56 1.59 1.6
Exceptional Items 0 0 0 0 -4.02
Profit Before Tax 72.12 39.57 69.39 70.79 121.28
Tax 20.74 11.1 15.81 17.24 27.39
Profit After Tax 51.38 28.47 53.58 53.55 93.89
Adjusted EPS (Rs) 4.93 2.73 5.14 5.14 9.01

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 Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
promoters 74.46 74.46 74.44 74.39 74.39
waaree energies limited 74.46 74.46 74.44 74.39 74.39
PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 25.54 25.54 25.56 25.61 25.61
hitesh p mehta - 1.06 1.06 1.06 1.06
llp 0.08 0.05 0.13 0.10 0.07
sandeep kapadia 1.44 - - - -

Ratings & Research Reports

Company Presentations

Company News

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 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 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 40.9790266970114 which is high and comparatively overvalued .

  • Share Price: - The current share price of Waaree Renewables is Rs 902.1. 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 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 22.0137 . 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 Renewable Share Price

As of the market close on April 24, 2025, the Waaree Renewable Technologies Ltd share price (WAAREERTL BSE) stood at Rs 959.75. This represented a decline of 4.20% compared to the previous day's closing price. The WAAREERTL stock price today (or on its last traded day) reflects the high volatility often associated with stocks in the rapidly growing renewable energy sector. Though recently listed on NSE (April 9, 2025), its historical trading primarily occurred on the BSE (Code: 534618).

For the most current, regularly updated Waaree Renewable Technologies 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 Renewable Share Returns Performance

Waaree Renewable Technologies has delivered extraordinary long-term returns, although recent performance has been volatile (data as of approx. April 24, 2025):

  • 1 Week: +6.97%
  • 1 Month: +27.6%
  • 3 Months: +13.12%
  • 1 Year: -58.26%
  • 5 Years: +54,940.2%

The WAAREERTL returns show positive momentum over the recent short-term (1 week to 3 months), likely influenced by strong results. However, the 1-year return is negative, indicating a significant correction from previous highs. The standout figure is the WAAREERTL historical returns over five years, which are exceptionally high, showcasing phenomenal growth from a very low base, driven by the expansion in the solar EPC business.

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 Renewable Share Price

Key recent developments influencing the Waaree Renewable Technologies share price include:

  1. Strong Q4 FY25 Results: The company reported impressive results for the quarter ending March 31, 2025, with consolidated net profit jumping approximately 83% year-on-year (YoY) to Rs 93.76 crore. Total income rose by nearly 75% YoY to Rs 481.43 crore, primarily driven by strong performance in the solar Engineering, Procurement, and Construction (EPC) segment. These robust results led to a positive stock reaction upon announcement.
     
  2. Significant Order Wins: In March 2025, WAAREERTL announced securing substantial orders, including being part of a consortium that won a Rs 740 crore EPC contract for a 125 MWAC solar project and receiving a Letter of Award (LOA) for a 170 MWAC ground-mounted solar project worth Rs 232 crore. Continuous order wins bolster the company's execution pipeline and revenue visibility.
     
  3. NSE Listing & Market Factors: WAAREERTL listed on the NSE on April 9, 2025, enhancing its visibility and accessibility to investors. However, the stock has been under ASM (Additional Surveillance Measures) framework due to high price volatility. Factors affecting the share price include government policies supporting renewable energy (like the 500 GW target by 2030), competition intensity in the solar sector, and broader market sentiment towards high-growth, high-volatility stocks.

The strong Waaree Renewable Q4 results and consistent order flow are positive catalysts, while high volatility and potential sectoral headwinds are factors investors monitor closely.

Conclusion on Waaree Renewable Stock Price

The WAAREERTL stock price reflects a company experiencing rapid growth in the solar EPC domain, evidenced by stellar long-term returns and strong recent quarterly performance. Order wins provide a healthy outlook for execution. However, the stock exhibits very high volatility and has corrected significantly over the past year from its peak. The Waaree Renewable Technologies share price outlook remains tied to its ability to execute its large order book efficiently, navigate increasing competition, and capitalize on India's ambitious renewable energy goals. While the growth potential is substantial, the current valuation and inherent volatility require careful consideration in any WAAREERTL stock analysis.

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