Waaree Energies

Waaree Energies

3,295.10
-20.00
(-0.60%)
ann
There are 1 new updates from the company22 hours ago
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Key Fundamentals
Add Ratio
Market Cap
94,662.69 Cr
EPS
68.24
PE Ratio
34.02
Dividend Yield
0.00 %
52 Week High
3,865.00
52 Week Low
1,863.00
PB Ratio
8.30
Debt to Equity
0.13
Analyst Rating and Forecast
- By Refinitiv from7 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+57.14 %
+57.14 %
Hold
Hold0.0 %
0.0 %
Sell
Sell+42.86 %
+42.86 %
Forecast For
Actual

Company News

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Caret
positive
Waaree Energies plans to acquire complete ownership of Sunbreeze Ninth Cloud. The acquisition will give Waaree Energies full control over the entity.
positive
Waaree Transpower, a subsidiary of Waaree Energies Limited, launched its next-generation Inverter Duty Transformers at the Renewable Energy India Expo 2025 in New Delhi. The products target utility-scale solar plants, renewable developers, industrial captive units and smart grid operators. The flagship model is a 17.6 MVA, 4X660V/33 kV, five-winding aluminium-wound IDT that has completed full type testing at CPRI. The transformers are manufactured at a dedicated facility with backward integration and digital testing capabilities. Waaree Energies operates manufacturing facilities with approximately 16.7 GW solar PV module capacity worldwide and up to 5.4 GW solar cell capacity. The company maintains operations across India and over 25 countries. Shares of Waaree Energies Limited closed at ₹3,423, down ₹9.20 or 0.27%.
positive
Waaree Energies delivered record-breaking quarterly performance with revenue of INR 6,227 crores, marking 70% year-on-year growth. EBITDA surged 155% to INR 1,567 crores with margins expanding to 25.17% from 17%. PAT grew 134% to INR 878 crores. The company achieved highest-ever module production of 2.6 gigawatts and cell production of 0.6 gigawatts. Total module capacity reached 18.7 gigawatts with cell capacity at 5.4 gigawatts. Order book stands strong at INR 47,000 crores equivalent to 24 gigawatts, with 60% overseas and 40% domestic split. The Board approved interim dividend of INR 2 per share and additional capex of INR 8,175 crores for expanding battery energy storage capacity to 20 gigawatt hours, electrolyser capacity to 1 gigawatt, and inverter capacity to 4 gigawatts. The company completed strategic acquisitions including 76% stake in Racemosa Energy India, 64% stake in Kotsons Private Limited, and Meyer Burger's US solar manufacturing assets. Management reaffirmed FY26 EBITDA guidance of INR 5,500-6,000 crores.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,295.10
#1 94,662.69
#6 34.02
#2 14,846.10
#7 27.62
#1 1,928
#1 133.75
41.72
1,010.90
45,568.78
38.93
6,652.10
109.76
937
71.64
42.51
8,206.00
32,962.12
35.38
#1 18,680.60
15.07
821
29.81
41.89
329.50
10,020.48
21.98
2,524.60
98.10
295
72.08
54.30
1,047.30
6,986.95
80.15
1,115.20
26.44
63
42.86
40.39
2,782.00
5,652.79
34.69
998.10
158.71
159
-84.86
43.55
1,288.10
5,436.60
27.33
577.40
#1 2,054.48
155
10.24
54.20
4,214.95
4,822.01
27.27
639.60
56.11
147
40.37
41.44
2,930.70
3,312.61
22.70
1,945.10
1.80
134
50.00
37.46
1,252.80
3,066.03
#1 20.15
783.00
89.08
84
122.36
57.21

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
27.62 %
Net Income Growth
51.29 %
Cash Flow Change
37.01 %
ROE
-34.60 %
ROCE
-22.12 %
EBITDA Margin (Avg.)
35.22 %

Quarterly Financial Results

Quarterly Financials
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
3,415
3,559
1,701
3,300
3,496
3,664
3,545
4,141
4,597
6,227
Expenses
2,861
3,020
1,425
2,518
2,856
3,050
2,736
3,085
3,429
4,659
EBITDA
554
539
276
782
640
614
810
1,056
1,169
1,567
Operating Profit %
14 %
15 %
11 %
14 %
16 %
15 %
21 %
23 %
23 %
23 %
Depreciation
57
71
74
75
76
84
89
153
182
240
Interest
40
33
19
48
34
31
31
57
43
96
Profit Before Tax
457
435
184
659
531
499
690
846
943
1,232
Tax
119
115
43
183
129
123
183
201
171
353
Net Profit
338
320
141
475
401
376
507
645
773
878
EPS in ₹
13.78
12.05
4.93
17.93
14.98
13.75
18.41
21.59
25.94
29.33

Balance Sheet

Balance Sheet
2019
2020
2021
2022
2023
2024
2025
Total Assets
819
938
1,281
2,172
7,420
11,314
19,747
Fixed Assets
126
152
285
625
1,105
1,450
4,051
Current Assets
581
607
771
1,278
5,483
8,013
13,157
Capital Work in Progress
0
40
3
124
537
1,341
1,884
Investments
82
86
115
143
31
71
65
Other Assets
610
661
878
1,280
5,746
8,451
13,748
Total Liabilities
819
938
1,281
2,172
7,420
11,314
19,747
Current Liabilities
446
471
616
1,432
4,929
5,423
8,786
Non Current Liabilities
116
128
280
300
629
1,742
1,366
Total Equity
257
340
385
440
1,862
4,149
9,595
Reserve & Surplus
60
101
148
231
1,595
3,825
9,192
Share Capital
197
197
197
197
243
263
287

Cash Flow

Cash Flow
2020
2021
2022
2023
2024
2025
Net Cash Flow
12
-21
126
115
-132
388
Investing Activities
-22
-250
-673
-2,088
-3,347
-6,806
Operating Activities
83
67
698
1,560
2,305
3,158
Financing Activities
-50
161
101
643
909
4,036

Share Holding

% Holding
Sept 2021
Sept 2024
Oct 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
95.74 %
64.30 %
64.30 %
64.30 %
64.30 %
64.30 %
64.22 %
FIIs
0.00 %
2.23 %
2.23 %
1.40 %
0.70 %
2.68 %
6.35 %
DIIs
0.00 %
3.02 %
3.02 %
2.70 %
2.46 %
2.86 %
2.82 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
23.56 %
23.56 %
23.20 %
24.06 %
21.95 %
19.31 %
Others
4.26 %
6.89 %
6.89 %
8.39 %
8.48 %
8.20 %
7.29 %
No of Share Holders
26
11,47,870
11,47,870
7,67,963
8,51,028
7,67,267
6,90,025

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
18 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
18 Nov 2024 2,822.60 2,917.45
30 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jan 2025 2,344.05 2,208.70
22 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Apr 2025 2,217.75 2,444.20
28 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
28 Jul 2025 3,101.65 3,198.20
24 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
24 Sept 2025 3,198.35 3,435.10
16 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
16 Oct 2025 3,333.40 3,519.40
24 Oct 2025 DIVIDEND Dividend
₹ 2.00 /share
24 Oct 2025 3,519.40 3,567.50

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation22 hours ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation2 days ago
Announcement under Regulation 30 (LODR)-Updates on Acquisition3 days ago
Announcement under Regulation 30 (LODR)-Acquisition6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation7 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation10 days ago
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportOct 29, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptOct 28, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderOct 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeOct 17, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationOct 16, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 16, 2025
Announcement under Regulation 30 (LODR)-Dividend UpdatesOct 16, 2025
Announcement under Regulation 30 (LODR)-Date of payment of DividendOct 16, 2025
Corporate Action-Board approves DividendOct 16, 2025
Outcome Of Board Meeting Held On October 16 2025 For The Unaudited Financials Results Along With Limited Review Report For The Quarter And Half Year Ended September 30 2025 And Payment Of An Interim Dividend.Oct 16, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held On October 16 2025 For The Unaudited Financials Results Along With Limited Review Report For The Quarter And Half Year Ended September 30 2025 And Payment Of An Interim Dividend.Oct 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 14, 2025
Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 13, 2025
Corporate Action-Board to consider DividendOct 13, 2025
Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended September 30 2025 And Payment Of Interim Dividend If Any.Oct 13, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionOct 07, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 07, 2025
Intimation Regarding Expression Of Interest/Intent Received From Promoter Group And Promoter Family To Donate 1% Of The Equity Share Capital For Charitable PurposesOct 06, 2025
Grant Of EsopsOct 04, 2025
Board Meeting Outcome for Outcome Of Board Meeting Dated October 01 2025Oct 01, 2025
Commencement Of Commercial ProductionSep 30, 2025
Media Statement By The CompanySep 28, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionSep 27, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 26, 2025
Closure of Trading WindowSep 26, 2025
Rumour verification - Regulation 30(11)Sep 26, 2025
Clarification sought from Waaree Energies LtdSep 26, 2025
Intimation Of Incorporation Of Step Down Subsidiary CompanySep 25, 2025
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 24, 2025
Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 24, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMSep 24, 2025
Announcement under Regulation 30 (LODR)-AcquisitionSep 18, 2025
Board Meeting Outcome for Outcome Of Board Meeting Dated September 18 2025.Sep 18, 2025
Intimation Under Regulation 30 Of Securities And Exchange Board Of India(Listing Obligations And Disclosure Requirements)Regulations2015.Sep 17, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 16, 2025
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Sep 15, 2025
Intimation Of Incorporation Of Step-Down Subsidiary CompaniesSep 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 11, 2025
Approval Received From BSE And NSE Regarding Reclassification Of Promoter Group As Public Shareholder.Sep 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 05, 2025
Newspaper Advertisement Regarding Notice Of The 35Th Annual General Meeting And E-Voting InformationSep 03, 2025
Letter Sent To ShareholdersSep 02, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Motilal Oswal Large and Midcap Fund Direct - Growth
3.78%
103615
0.07%
-0.45%
HDFC Large and Mid Cap Fund Direct- Growth
0.00%
-91374
-0.11%
-0.14%
Canara Robeco Flexi Cap Fund Direct-Growth
0.12%
-60000
-0.15%
-0.30%
Nippon India Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-51340
-0.88%
-0.32%
Bandhan Midcap Fund Direct-Growth
0.00%
-43059
-0.77%
-0.81%
Edelweiss Recently Listed IPO Fund Direct-Growth
0.00%
-32340
-1.13%
-1.19%
JM Flexicap Fund Direct Plan-Growth
1.13%
-29000
-0.15%
-0.18%
Canara Robeco Multi Cap Fund Direct - Growth
0.00%
-28300
-0.20%
-0.37%
SBI Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-23777
-0.87%
-0.32%
Canara Robeco Value Fund Direct - Growth
0.00%
-21876
-0.57%
-1.02%
Zerodha Nifty Large Midcap 250 Index Fund Direct - Growth
0.00%
-14464
-0.44%
-0.16%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct-Growth
0.00%
-10165
-0.88%
-0.32%
Motilal Oswal Focused Fund Direct-Growth
4.13%
10000
0.17%
0.07%
Navi Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-8508
-0.87%
-0.32%
SBI Nifty 500 Index Fund Direct-Growth
0.00%
-4204
-0.16%
-0.06%
Motilal Oswal Active Momentum Fund Direct - Growth
3.76%
4200
-0.21%
-1.11%
Edelweiss NIFTY Large Mid Cap 250 Index Fund Direct - Growth
0.00%
-3882
-0.44%
-0.16%
Canara Robeco Infrastructure Direct-Growth
0.40%
-3845
-0.14%
-0.31%
JioBlackRock Nifty Midcap 150 Index Fund Direct-Growth
0.00%
-3017
-0.88%
-0.32%
Zerodha ELSS Tax Saver Nifty Large Midcap 250 Index Fund Direct - Growth
0.00%
-2920
-0.44%
-0.16%
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth
0.00%
-2538
-0.20%
-0.24%
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth
0.86%
1543
-0.01%
0.54%
ICICI Prudential Nifty Midcap 150 Index Fund Direct - Growth
0.86%
634
-0.01%
0.54%
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct-Growth
0.00%
-361
-0.43%
-0.16%
HDFC NIFTY Midcap 150 Index Fund Direct - Growth
0.86%
266
-0.02%
0.54%

Technical Indicators

RSI(14)
Neutral
41.72
ATR(14)
Less Volatile
98.03
STOCH(9,6)
Oversold
7.44
STOCH RSI(14)
Oversold
5.68
MACD(12,26)
Bearish
-28.68
ADX(14)
Weak Trend
17.52
UO(9)
Bullish
27.77
ROC(12)
Downtrend But Slowing Down
-5.67
WillR(14)
Oversold
-86.04