WA
Waaree Renewable Technologies Ltd (WAAREERTL)
₹845.25
Mkt cap
₹8,899 Cr
P/E ratio
17.40
P/B
9.39
Div yield
0.12%
ROE
69.10%
ROCE
85.40%
EPS (TTM)
₹48.58
Book value
₹90
52W range
782–1,331
Sector
Industrials
Price history
Previous close
Incorporated in 1999, Waaree Renewables Technologies Ltd is engaged in the business of generation of power through renewable energy sources and also provides consultancy services in this regard. [1] Waaree Energy is one of the largest vertically integrated new energy companies. It has India's largest Solar panel manufacturing capacity of 12GW at its plants in Chikhli, Surat and Umbergaon in Gujarat.
NSE WAAREERTLBSE 534618
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthHigh
TechnicalsBearish
52-week range
−36.47% from high₹845
₹782+8.05% from low₹1,331
Current
₹845.25
Prev close
₹850.00
Day
−0.56%
Price performance
1D
−0.56%
1W
−2.15%
1M
−7.24%
3M
−11.36%
6M
+3.70%
1Y
−17.16%
YTD
−13.45%
Financials
Revenue, profit & margin
P/E ratio
17.4×
WAAREERTL is 32% below the sector median of 25.6×
WAAREERTL17.4×
Sector median25.6×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 61 | 129 | 150 | 324 | 273 | 236 | 524 | 360 | 477 | 603 | 775 | 851 | 1,102 | |
| Expenses | 39 | 116 | 119 | 236 | 198 | 195 | 453 | 288 | 350 | 486 | 617 | 692 | 896 | |
| Operating Profit | 22 | 13 | 31 | 88 | 75 | 41 | 72 | 72 | 126 | 118 | 158 | 159 | 207 | |
| OPM % | 36% | 10% | 20% | 27% | 28% | 17% | 14% | 20% | 27% | 19% | 20% | 19% | 19% | |
| Other Income | 0 | 1 | 1 | 0 | 2 | 3 | 3 | 4 | 1 | 5 | 4 | 5 | 6 | |
| Interest | 2 | 1 | 2 | 0 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| Profit before tax | 20 | 12 | 28 | 86 | 72 | 39 | 69 | 71 | 121 | 117 | 157 | 158 | 208 | |
| Tax % | 37% | 27% | 25% | 26% | 29% | 28% | 23% | 24% | 23% | 26% | 26% | 24% | 25% | |
| Net Profit | 12 | 9 | 21 | 64 | 51 | 28 | 54 | 53 | 94 | 86 | 116 | 120 | 156 | |
| EPS in Rs | 1.18 | 0.88 | 1.98 | 6.17 | 4.93 | 2.72 | 5.14 | 5.13 | 9.00 | 8.29 | 11.16 | 11.52 | 14.93 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202674.32%Promoter
Promoters74.32%
FIIs1.98%0.13
DIIs0.09%
Public23.61%0.12
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| WAAREEENER | ₹2,593.00 | 18.53 | 74,588 | 0.15% | 892 | +14.09% | 7,932 | +79.22% | 38.78% |
| APARINDS | ₹17,728.00 | 61.59 | 74,231 | 0.34% | 467 | +77.80% | 6,591 | +29.13% | 31.81% |
| PREMIERENE | ₹990.00 | 26.99 | 44,941 | 0.10% | 472 | +50.45% | 2,463 | +35.25% | 33.32% |
| MTARTECH | ₹7,519.00 | 168.46 | 23,128 | 0.00% | 51 | +349.69% | 361 | +130.37% | 15.20% |
| EMMVEE | ₹325.20 | 17.67 | 22,515 | 0.00% | 380 | +102.64% | 1,556 | +51.34% | 44.83% |
| DIACABS | ₹332.60 | 107.24 | 19,892 | 0.00% | 57 | +197.81% | 707 | +132.98% | 24.20% |
| AVALON | ₹2,352.50 | 117.65 | 15,717 | 0.00% | 35 | +145.39% | 484 | +49.83% | 19.54% |
| WAAREERTL | ₹852.60 | 17.43 | 8,899 | 0.12% | 114 | +32.30% | 811 | +34.53% | 85.38% |
| Median: 60 Co. | ₹333.30 | 25.57 | 817 | 0.00% | 8 | +29.53% | 135 | +32.37% | 21.57% |
Filings
Annual reports14
Concall transcripts42
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptJan 2026PPTJan 2026RECJan 2026TranscriptOct 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025RECJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptJan 2025PPTJan 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024RECAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Sep - Please find attached herewith Newspaper Publication for 27th Annual General MeetingUpdate Regarding Letter Sent To Shareholders 31 Aug - 27th AGM on 23 September 2026; annual report FY2025-26 shared with shareholders.Reg. 34 (1) Annual Report. 31 AugNotice Of 27Th Annual General Meeting 31 AugBusiness Responsibility and Sustainability Reporting (BRSR) 31 Aug - Submitted BRSR for FY 2025-26 as part of the annual report.