🇮🇳 India Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

WAAREE ENERGIES LIMITED WAAREEENER NIFTY_MIDNSETECH

Technology · Solar · India
https://waaree.com
Company Profile ↓
₹2,835.20
-10.53% 1Y
Mkt Cap₹81,554.91 Cr
P/E22.01
P/B5.74
Div. Yield0.14%
52W High₹3,737.70
52W Low₹2,419.00
Book Value₹501.90
EPS (TTM)₹128.84

Company Overview

Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 25.7%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 30.6%.

Consistent Profit Growth

Net profit has compounded at 97.4% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 58.9% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 22.0, below the sector median of 27.7.

Healthy Margins

Operating margin of 18.5% supports profitability.

Recent Developments

  • Mar 2026 Revenue of ₹26,536.77 Cr (+83.7% YoY); net profit ₹3,711.30 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +83.7%, earnings +98.7%.
  • 5-Year Trend Long-term compounding — revenue CAGR 58.9%, profit CAGR 97.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:58.95%
1 Year:83.72%

Compounded Profit Growth

5 Years:97.36%
1 Year:98.74%

Stock Price Performance

1 Year:-10.53%
6 Months:+10.02%
3 Months:-18.20%
1 Month:-7.49%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 32% of range
₹2,419.00 ₹3,737.70
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)38.46 · Neutral
Price Performance
1M-7.49%
3M-18.20%
6M+10.02%
1Y-10.53%
Valuation vs Sector

P/E of 22.01 is below the sector median of 27.67 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

⚙Ad space

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 25.7%.
  • Healthy ROCE of 30.6%.
  • Compounding revenue at 58.9% over 5 years.
  • Profit CAGR of 97.4% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
22.01
Industry PE
27.67
Forward P/E
16.19
PEG Ratio
-
Book Value
₹501.90
Price to Book
5.74
P/S
3.12
EV/EBITDA
13.40
Dividend Yield
0.14%

Growth (CAGR)

Revenue 5Y
58.95%
Profit 5Y
97.36%
Revenue (YoY)
83.72%
Earnings (YoY)
98.74%

Profitability & Returns

ROCE
30.63%
ROE
25.71%
ROA
12.32%
Profit Margin
13.99%
Op Margin
18.54%
Gross Margin
31.86%
EPS (Latest Qtr)
₹36.84
EPS (TTM)
₹128.84

Balance Sheet & Liquidity

Debt/Equity
0.26
Quick Ratio
0.92
Current Ratio
1.38
Debt
₹3,691.89 Cr
Total Assets
₹30,115.37 Cr
Current Assets
₹17,577.00 Cr
Working Capital
₹4,869.30 Cr

Ownership

Promoter Holding
68.35%
Chg in Prom Hold
4.16%
FII / Inst Holding
7.91%
Chg in FII Hold
0.03%

Financial Snapshot

Enterprise Value
₹81,554.91 Cr
Total Revenue (TTM)
₹26,536.77 Cr
EBITDA
₹6,322.01 Cr
Free Cash Flow
₹-3,254.82 Cr
Operating Cash Flow
₹1,626.95 Cr
Shares Outstanding
₹28.77 Cr
Gross Margin
31.86%
Payout Ratio
1.55%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH 2,835.20 22.01 ₹81,554.91 Cr 0.14% 30.63% 25.71% 58.95% 97.36%
2 TCS Tata Consultancy Services Limited NIFTY50NSEAITECH 2,173.50 15.98 ₹7.86 L Cr 3.14% 54.93% 45.89% 5.80% 5.30%
3 INFY Infosys Limited NIFTY50NSEAITECH 1,084.40 1,355.50 ₹4.40 L Cr 4.68% 41.66% 33.85% 3.44% 3.58%
4 HCLTECH HCL Technologies Limited NIFTY50NSEAITECH 1,176.30 18.35 ₹3.19 L Cr 8.25% 27.21% 22.14% 8.65% 3.87%
5 WIPRO Wipro Limited NIFTY50NSEAITECH 175.97 14.01 ₹1.85 L Cr 9.69% 17.85% 14.91% 0.78% 5.16%
6 TECHM Tech Mahindra Limited NIFTY50NSEAITECH 1,474.20 27.20 ₹1.44 L Cr 3.51% 19.82% 16.24% 2.16% -0.14%
7 LTM LTM Limited NSETECH 4,076.50 24.10 ₹1.21 L Cr 1.86% 25.39% 20.89% 8.43% 4.41%
8 LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH 1,535.10 61.82 ₹1.04 L Cr 0.00% 27.64% 21.98% 0.98% -
9 OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH 11,729.00 38.82 ₹1.02 L Cr 5.71% 43.24% 33.72% 10.42% 13.48%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 3,328.00 Cr3,537.00 Cr1,596.00 Cr2,936.00 Cr3,409.00 Cr3,574.00 Cr3,457.29 Cr4,003.93 Cr4,425.83 Cr6,066.00 Cr7,565.05 Cr8,480.25 Cr
Cost of Revenue ------2,439.70 Cr2,716.29 Cr3,001.65 Cr-4,871.91 Cr6,252.86 Cr
Gross Profit ------1,017.59 Cr1,287.64 Cr1,424.18 Cr-2,693.14 Cr2,227.39 Cr
Operating Expenses 2,861.00 Cr3,020.00 Cr1,425.00 Cr2,518.00 Cr2,856.00 Cr3,050.00 Cr384.91 Cr518.43 Cr608.92 Cr4,659.00 Cr1,032.24 Cr951.28 Cr
Operating Income 411.00 Cr446.00 Cr97.00 Cr343.00 Cr476.00 Cr441.00 Cr632.68 Cr769.21 Cr815.26 Cr1,166.00 Cr1,660.90 Cr1,276.11 Cr
EBITDA 468.00 Cr517.00 Cr171.00 Cr418.00 Cr552.00 Cr525.00 Cr809.71 Cr1,055.55 Cr1,168.67 Cr1,406.00 Cr1,829.56 Cr1,756.48 Cr
Interest Expense 40.00 Cr33.00 Cr18.00 Cr48.00 Cr34.00 Cr31.00 Cr30.85 Cr56.72 Cr43.25 Cr96.00 Cr93.28 Cr47.89 Cr
Pretax Income 457.00 Cr435.00 Cr184.00 Cr659.00 Cr531.00 Cr499.00 Cr689.81 Cr845.46 Cr943.36 Cr1,231.00 Cr1,469.02 Cr1,407.95 Cr
Tax Provision 118.82 Cr113.10 Cr42.32 Cr184.52 Cr127.44 Cr124.75 Cr182.93 Cr200.99 Cr170.47 Cr356.99 Cr362.23 Cr281.69 Cr
Net Income 338.00 Cr320.00 Cr141.00 Cr475.00 Cr401.00 Cr376.00 Cr492.69 Cr618.91 Cr745.20 Cr878.00 Cr1,062.46 Cr1,061.10 Cr
Diluted EPS 17.0515.986.3223.4119.9913.7318.3321.5125.8429.2936.8936.84

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 1,996.00 Cr1,953.00 Cr-6,608.01 Cr11,371.23 Cr14,444.50 Cr26,536.77 Cr
Cost of Revenue ---5,363.16 Cr9,101.90 Cr10,520.77 Cr18,080.94 Cr
Gross Profit ---1,244.85 Cr2,269.33 Cr3,923.73 Cr8,455.83 Cr
Operating Expenses 1,903.00 Cr1,868.00 Cr-570.15 Cr967.84 Cr1,604.54 Cr3,536.91 Cr
Operating Income 66.00 Cr56.00 Cr-674.70 Cr1,301.49 Cr2,319.19 Cr4,918.92 Cr
EBITDA 93.00 Cr85.00 Cr-910.73 Cr2,135.03 Cr3,119.18 Cr6,322.01 Cr
Interest Expense 34.00 Cr31.00 Cr-69.44 Cr124.02 Cr152.09 Cr280.50 Cr
Pretax Income 57.00 Cr70.00 Cr-677.15 Cr1,734.20 Cr2,564.64 Cr5,051.79 Cr
Tax Provision 17.67 Cr21.70 Cr-176.87 Cr459.82 Cr636.51 Cr1,167.64 Cr
Net Income 39.00 Cr48.00 Cr-482.76 Cr1,237.18 Cr1,867.39 Cr3,711.30 Cr
Diluted EPS 2.122.50-16.8043.0667.96128.84

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 938.00 Cr1,281.00 Cr-7,419.92 Cr11,313.74 Cr19,747.38 Cr30,115.37 Cr
Current Assets ---5,482.94 Cr8,013.09 Cr13,156.82 Cr17,577.00 Cr
Cash & Equivalents ---197.27 Cr121.39 Cr509.83 Cr774.16 Cr
Inventory ---2,708.87 Cr2,585.53 Cr2,692.11 Cr5,855.64 Cr
Receivables ---312.61 Cr971.39 Cr1,184.77 Cr2,492.32 Cr
Total Liabilities ---5,558.07 Cr7,165.25 Cr10,152.10 Cr15,104.48 Cr
Current Liabilities ---4,929.24 Cr5,423.16 Cr8,786.14 Cr12,707.70 Cr
Long Term Debt ---145.83 Cr102.60 Cr24.18 Cr815.14 Cr
Total Debt 157.00 Cr340.00 Cr-906.05 Cr1,091.98 Cr1,492.37 Cr3,691.89 Cr
Total Equity 298.00 Cr345.00 Cr-1,838.41 Cr4,087.81 Cr9,479.20 Cr14,437.34 Cr
Shares Outstanding ---28.73 Cr28.73 Cr28.73 Cr28.77 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 83.00 Cr67.00 Cr-1,560.23 Cr2,305.04 Cr3,158.21 Cr1,626.95 Cr
Investing Cash Flow -22.00 Cr-250.00 Cr--2,093.82 Cr-3,340.27 Cr-6,808.37 Cr-3,953.18 Cr
Financing Cash Flow -50.00 Cr161.00 Cr-642.48 Cr909.19 Cr4,035.74 Cr2,573.11 Cr
Capital Expenditure -51.00 Cr-102.00 Cr--865.43 Cr-1,342.36 Cr-3,274.10 Cr-4,881.77 Cr
Free Cash Flow 32.00 Cr-35.00 Cr-694.79 Cr962.68 Cr-115.89 Cr-3,254.82 Cr
Net Change in Cash 12.00 Cr-21.00 Cr-108.88 Cr-126.04 Cr385.58 Cr246.88 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ---18.8%20.0%27.2%31.9%
Operating Margin % 3.3%2.9%-10.2%11.4%16.1%18.5%
Net Margin % 2.0%2.5%-7.3%10.9%12.9%14.0%
ROE % 13.1%13.9%-26.3%30.3%19.7%25.7%
ROCE % ---27.1%22.1%21.2%28.3%

Shareholding Pattern

Insiders
68.35%
Institutions
7.91%
Public Float
24.98%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for WAAREEENER

Google News ue, 14 Jul 2026

WAAREE ENERGIES LIMITED Share Price - Live NSE: WAAREEENER Stock Price & Chart - Upstox

<a href="https://news.google.com/rss/articles/CBMib0FVX3lxTE5sbGgxbkhKUHh3aFBsRDB3ZmdzcXg0SkJPUF9KTzI3TkpXV1F4VUFNVnoxRnd3dUw1WmNvQ0N0Tm8xcVJ2azRhZ2lCbGNnUTdRc1VpQUZadGI1WklIbWViXzFYZWZzYWdsTFBKaXFDbw?oc=5" target="_blank">WAAREE ENERGIES L…

Google News ue, 16 Dec 2025

Will Weakness in Waaree Energies Limited's (NSE:WAAREEENER) Stock Prove Temporary Given Strong Fundamentals? - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi5AFBVV95cUxNVEFyVjJuXzRYM2djYzVOLW8xOS05aFJjYVZwRExweXlJM190azY5bXMwbkNJb09scDFZLTJyX2duZ0FiVGcycUpKcGxReUx1T2dXSW9EbkVKMWtSSVljb01JTXh2dkI4SG5hcE94bmEzMzRGOGdqNFlhdkNlY29PdmdHbG1tUTlHRUlYT2…

Google News hu, 07 May 2026

We Think That There Are Issues Underlying Waaree Energies' (NSE:WAAREEENER) Earnings - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi5AFBVV95cUxPTDZpdTZWMWY1TWwtU3ZRTHdzeUJldFNJa1Nrb1N5OUJHY0xWcHhXN3JScnBlUHZYZl93WEs4LTM2MTh1Vm43UFNOT25mbEFYYXVKVDJ1TmNRVkpJc3R6cG1nWlFqSy02ODNFVFNRdjFZY2xCWjVPUHNocll3aFlteVRnT3BBR0tSOEJYOG…

Google News Mon, 29 Jun 2026

Waaree Energies Clarifies U.S. Customs Determination; Shares Fall - HDFC Sky

<a href="https://news.google.com/rss/articles/CBMikAFBVV95cUxQU2tkV1V3Rk5EMXcyWDB3YnBYTDk3b0NZUlJtZ25hUmVLdHVFZXc5aWhNeE16cmtESkIwWHVjWE56Qm9DNjVTUlJXaXdacmI5U0pqajFhNlFkdHk4ZG9VSHotb3RiS1RNOEJMWHpSUzRvaVBpeWpIUEswcTVOQWREM3JDNWcxRUtGZG1kYV…

Google News Wed, 20 Aug 2025

Waaree Energies shares rise 2.05%; stock among top gainers on Nifty Midcap 150 - TradingView

<a href="https://news.google.com/rss/articles/CBMi1gFBVV95cUxPN2JralNpaFk0VEZQU1c1YnNCWGNva1FKMnU1TDJqcm9Kay1BTDNRQW5qVGM3ckV3dUhNX3FzZDgtdk1OZzUtbjBJaEJHTzY3OFNaVXFFbkVHZ3JzcHN6ZE54VUVfQkJOLXJfblU5NHRvRDQzNm4wY1pOOGp5TmVGeEgzaC13cldjNWI2N0…

Google News Fri, 02 Jan 2026

Waaree Energies Ltd. Share Price Today - Waaree Energies Ltd. Stock Price Live NSE/BSE - CNBC TV18

<a href="https://news.google.com/rss/articles/CBMigwFBVV95cUxQc002MWQweFhJUjhsYlM5N0NoVGp0QnlIbmpIeDJLRUdLX2g4RGQ5OVpza1BWZTFwM0ZZcWZBWEFKMVdIaC1zbjBhU1ZRbUNuUFlsV0tlUVlMOFgtX0JuMkdRLW9HMWdLSGVYdnN6YkxvRHVXenRGMThTcWJBTE1MejgyNA?oc=5" targe…

WAAREEENER — Frequently Asked Questions

What is the current share price of WAAREE ENERGIES LIMITED (WAAREEENER)?

As of 2026-07-15 09:52 IST, WAAREE ENERGIES LIMITED (WAAREEENER) trades at ₹2,835.20 on NSE. Its 52-week range is ₹2,419.00 to ₹3,737.70.

What is the market capitalisation of WAAREEENER?

WAAREE ENERGIES LIMITED (WAAREEENER) has a market capitalisation of ₹81,554.91 Cr on NSE.

What is the P/E ratio of WAAREEENER?

WAAREEENER trades at a trailing price-to-earnings (P/E) ratio of 22.01. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 5.74.

Does WAAREEENER pay a dividend?

WAAREE ENERGIES LIMITED (WAAREEENER) currently offers a dividend yield of 0.14%.

What is the return on equity (ROE) of WAAREEENER?

WAAREEENER has a return on equity (ROE) of 25.71%. Its return on capital employed (ROCE) is 30.63%.

Is WAAREEENER a good stock to buy?

This page provides a data-driven analysis of WAAREE ENERGIES LIMITED (WAAREEENER), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Technology Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks
⚙Ad space