| Annual Financials | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
Revenue  | 1,613 | 2,021 | 1,993 | 2,951 | 6,860 | 11,633 | 14,134 |
| Expenses | 1,447 | 1,904 | 1,868 | 2,748 | 5,916 | 9,823 | 11,787 |
| EBITDA | 165 | 118 | 125 | 203 | 944 | 1,810 | 2,347 |
| Operating Profit % | 9 % | 5 % | 4 % | 4 % | 12 % | 14 % | 15 % |
| Depreciation | 41 | 27 | 29 | 43 | 164 | 277 | 288 |
| Interest | 59 | 34 | 31 | 41 | 82 | 140 | 138 |
| Profit Before Tax | 103 | 57 | 70 | 118 | 677 | 1,734 | 1,921 |
| Tax | 20 | 18 | 22 | 39 | 177 | 460 | 486 |
| Net Profit | 82 | 39 | 48 | 80 | 500 | 1,274 | 1,435 |
| EPS in ₹ | 4.18 | 2.12 | 2.50 | 3.84 | 21.82 | 48.05 | 54.60 |
Waaree Energies
2,091.95
-104.20
(-4.74%)
Market Cap
60,098.21
Eps
48.05
PE Ratio (TTM)
64.30
Dividend Yield
0.00
Industry
Capital Goods
52 Week High
3,743.00
52 Week low
2,026.00
PB Ratio
8.20
Debt to Equity
0.15
Sector
Other Electrical Equipment
Live Chart 
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Waaree Energies: Stock Declines on Potential US Tariff Impact16 hours ago
Waaree Energies shares fall for the fifth consecutive session, dropping nearly 10% on Monday. The decline is attributed to potential US tariffs or reduced Inflation Reduction Act incentives under the Trump administration, which could negatively affect Indian solar exporters. The company plans an analyst call on January 31, 2025, to discuss unaudited financial results.
Waaree Energies: Stock Plummets 10% on Global Solar Market Concerns1 day ago
Waaree Energies stock fell nearly 10% to a new low, extending a four-day decline of 18%. The drop is attributed to global overcapacity in solar PV modules and potential US policy changes that could affect Indian exporters. The company's Q3 results are due on Jan. 30.
Waaree Energies' US Subsidiary Begins Commercial Production of Solar Modules in Texas5 days ago
Waaree Solar Americas Inc., a subsidiary of Waaree Energies, has commenced commercial production of solar modules at its facility in Brookshire, Texas, USA. The production line has a capacity of 1.6 GW, marking a significant expansion of the company's manufacturing capabilities in the United States.
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Growth Rate
Revenue Growth
69.56 %
Net Income Growth
154.73 %
Cash Flow Change
47.74 %
ROE
14.33 %
ROCE
4.36 %
EBITDA Margin (Avg.)
13.08 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 819 | 938 | 1,281 | 2,172 | 7,420 | 11,314 |
| Fixed Assets | 126 | 152 | 285 | 625 | 1,105 | 1,450 |
| Current Assets | 581 | 607 | 771 | 1,278 | 5,483 | 8,013 |
| Capital Work in Progress | 0 | 40 | 3 | 124 | 537 | 1,341 |
| Investments | 82 | 86 | 115 | 143 | 31 | 71 |
| Other Assets | 610 | 661 | 878 | 1,280 | 5,746 | 8,451 |
| Total Liabilities | 819 | 938 | 1,281 | 2,172 | 7,420 | 11,314 |
| Current Liabilities | 446 | 471 | 616 | 1,432 | 4,929 | 5,423 |
| Non Current Liabilities | 116 | 128 | 280 | 300 | 629 | 1,742 |
| Total Equity | 257 | 340 | 385 | 440 | 1,862 | 4,149 |
| Reserve & Surplus | 60 | 101 | 148 | 231 | 1,595 | 3,825 |
| Share Capital | 197 | 197 | 197 | 197 | 243 | 263 |
Cash Flow
| Cash Flow | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 12 | -21 | 126 | 115 | -132 |
| Investing Activities | -22 | -250 | -673 | -2,088 | -3,347 |
| Operating Activities | 83 | 67 | 698 | 1,560 | 2,305 |
| Financing Activities | -50 | 161 | 101 | 643 | 909 |
Share Holding
| % Holding | Sept 2021 | Sept 2024 | Oct 2024 | Dec 2024 |
| Promoter | 95.74 % | 64.30 % | 64.30 % | 64.30 % |
| FIIs | 0.00 % | 2.23 % | 2.23 % | 1.40 % |
| DIIs | 0.00 % | 3.02 % | 3.02 % | 2.70 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 23.56 % | 23.56 % | 23.20 % |
| No of Share Holders | 26 | 11,47,870 | 11,47,870 | 7,67,963 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Peer Comparison Compare Peers on Screener
| Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
| 2,091.95 | 60,098.21 | 64.30 | 11,632.80 | 69.56 | 1,274 | 41,644.44 | 25.22 | |
| 880.10 | 39,672.65 | 182.10 | 3,171.30 | 116.74 | 231 | 1,428.39 | 24.73 | |
| 7,173.70 | 28,815.54 | 42.38 | 16,239.40 | 12.98 | 825 | -19.62 | 18.77 | |
| 299.10 | 9,088.34 | 63.01 | 1,284.30 | 56.22 | 101 | 68.90 | 25.30 | |
| 1,286.00 | 5,427.74 | 108.86 | 26.80 | 32.67 | -121 | 1,150.00 | 29.13 | |
| 6,480.30 | 4,942.41 | 48.11 | 409.70 | 42.11 | 92 | 34.02 | 27.11 | |
| 610.00 | 4,035.04 | 147.35 | 882.00 | -8.05 | 28 | 139.73 | 20.35 | |
| 2,899.05 | 3,276.83 | 27.80 | 1,910.70 | 31.99 | 131 | -32.62 | 24.71 | |
| 172.80 | 2,973.85 | 236.17 | -0.60 | -107.14 | -22 | 100.33 | 33.96 | |
| 638.70 | 2,427.22 | 26.39 | 995.90 | 147.06 | 54 | 29.38 | 25.91 |
Corporate Action
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Technical Indicators
RSI(14)
Neutral 25.22
ATR(14)
Volatile 147.46
STOCH(9,6)
Neutral 24.20
STOCH RSI(14)
Oversold 0.00
MACD(12,26)
Bearish -48.36
ADX(14)
Strong Trend 30.35
UO(9)
Bearish 35.18
ROC(12)
Downtrend And Accelerating -18.44
WillR(14)
Oversold -90.51
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