Waaree Energies Share Price, Stock Analysis & Company Profile
Waaree Energies Limited is a dominant force in the Indian renewable energy sector and one of the largest players in the solar module manufacturing industry. As a key contributor to India’s clean energy transition, the company has established a significant global footprint.
This page serves as a definitive resource for investors seeking a detailed Waaree Energies stock analysis, providing all the essential financial metrics, corporate history, and performance trends required to make informed investment decisions.
About Waaree Energies
Waaree Energies Limited, the flagship company of the Waaree Group, was founded with a vision to provide sustainable energy solutions. The company has grown to become India’s largest manufacturer of solar PV modules. With state-of-the-art manufacturing facilities, Waaree focuses on delivering high-quality solar panels for residential, commercial, and industrial applications both in India and across international markets like the USA and Europe.
Waaree Energies Business Model
The company operates a vertically integrated business model designed to capture value across the solar ecosystem. Key pillars of their operations include:
-
Solar Module Manufacturing: The core of the business involves the production of high-efficiency solar PV modules, including multicrystalline, monocrystalline, and Bifacial modules.
-
EPC Services (Engineering, Procurement, and Construction): Waaree provides end-to-end solar solutions, handling the design, installation, and commissioning of solar power plants for utility-scale projects.
-
Solar Products: Beyond large-scale panels, the company manufactures solar water pumps, solar rooftop kits, and lithium-ion batteries for energy storage.
-
Export-Oriented Growth: A significant portion of the company’s revenue is derived from international solar markets, making it a key beneficiary of global "China Plus One" sourcing strategies.
Waaree Energies IPO and Listing Details
The Waaree Energies IPO was one of the most anticipated market events in the renewable energy space, receiving an overwhelming response from retail and institutional investors alike.
-
Listing Year: 2024
-
IPO Price: Rs 1,503 per share
-
Listing Price: Rs 2,550 (NSE) / Rs 2,500 (BSE)
-
Listing Gain: Approximately 69.6% over the issue price on the debut day.
-
Face Value: Rs 10 per share
-
ISIN: INE069S01016
-
Listing Exchanges: BSE and NSE
-
NSE Symbol: WAAREEENER
-
BSE Scrip Code: 544277
Investor Resources Available on This Page
We provide a professional-grade toolkit for retail investors to conduct a thorough Waaree Energies share price stock analysis. On this page, you can find:
-
Price Chart: Track the latest Waaree Energies share price movements and historical performance. (data delayed by 15 minutes)
-
Company Ratios: Access critical valuation metrics such as PE ratio, PB ratio, ROE (Return on Equity), and ROCE (Return on Capital Employed).
-
Quarterly Results: Stay updated with the latest top-line and bottom-line performance, including EBITDA margins and net profit growth.
-
Profit & Loss Account and Balance Sheet: A deep dive into the company’s financial health, assets, liabilities, and long-term borrowing.
-
Cash Flow Statement: Understand the company’s liquidity position through operating, investing, and financing cash flows.
-
Shareholding Pattern: Monitor the stakes held by promoters, Foreign Institutional Investors (FIIs), and Domestic Institutional Investors (DIIs).
-
Pros & Cons Analysis: A simplified scannable list of the company's competitive advantages (like market leadership) and potential challenges (like raw material price volatility).
-
Annual Reports: Downloadable official documents and investor presentations are available in the reports section.
Frequently Asked Questions (FAQs)
Q1. What was the IPO price of Waaree Energies?
The IPO price for Waaree Energies Limited was fixed at Rs 1,503 per equity share.
Q2. What were the listing gains for Waaree Energies share?
The stock saw a stellar debut, listing at a premium of nearly 70% over its issue price, providing significant immediate returns to successful IPO allottees.
Q.3 What is the Waaree Energies share price today?
The current Waaree Energies share price is displayed at the top of this page. Please note that all prices and chart data are provided with a 15-minute delay
Q4. What is the business of Waaree Energies?
Waaree Energies is primarily engaged in the manufacturing of solar photovoltaic (PV) modules and providing EPC services for solar power projects.
Q5. How can I analyse the financial health of Waaree Energies?
You can use the various tables on this page to review the balance sheet, quarterly results, and key financial ratios like Debt-to-Equity and ROCE.
Q6. Who are the promoters of Waaree Energies?
The company is promoted by Hitesh Chimanlal Doshi, Virenkumar Chimanlal Doshi, Pankaj Chimanlal Doshi, and Waaree Sustainable Process Solutions LLP. Detailed promoter holding percentages are available in the shareholding section.
Q7. Is the Waaree Energies annual report available here?
Yes, you can download the latest and historical Annual Reports directly from the "Documents" or "Reports" section on this page to understand the management’s future outlook.