Waaree Energies
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Waaree Energies

3,163.80
+41.60
(1.33%)
Market Cap
91,003.80 Cr
PE Ratio
26.73
Volume
10,75,296.00
Day High - Low
3,184.90 - 3,116.80
52W High-Low
3,865.00 - 1,863.00
ann
There are 1 new updates from the company1 day ago
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Key Fundamentals
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Market Cap
91,003.80 Cr
EPS
68.24
PE Ratio
26.73
PB Ratio
7.92
Book Value
390.66
EBITDA
3,123.20
Dividend Yield
0.00 %
Return on Equity
20.09
Debt to Equity
0.13
Analyst Rating and Forecast
- By Refinitiv from12 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+66.67 %
+66.67 %
Hold
Hold0.0 %
0.0 %
Sell
Sell+33.33 %
+33.33 %
Forecast For
Actual

Company News

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Caret
positive
Waaree Energies receives significant order for 150MW solar modules from Waaree Solar Americas, strengthening its position in the North American solar market.
positive
Waaree Energies delivered exceptional Q3 FY26 performance with revenue growth of 118.81% YoY to Rs. 7,565.05 crores and EBITDA surge of 167.16% YoY to Rs. 1,928.15 crores, backed by record module production.
positive
Waaree Energies announces incorporation of step-down subsidiary Decarbon X Projects Private Limited through its wholly-owned subsidiary for Independent Power Producer operations.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,163.80
#1 91,003.80
#6 26.73
#2 14,846.10
#8 27.62
#1 1,928
#5 118.35
66.86
9,468.50
38,033.40
39.06
#1 18,680.60
15.07
821
19.44
68.37
823.85
37,319.90
28.05
6,652.10
109.76
937
53.45
59.94
204.90
14,186.10
15.75
2,360.30
147.31
369
165.73
53.50
280.85
8,541.00
15.71
2,524.60
98.10
295
147.27
53.34
226.16
8,194.50
18.20
3,459.50
37.06
140
#1 416.84
54.76
1,053.90
7,033.10
73.39
1,115.20
26.44
63
35.83
71.12
426.55
5,421.70
#1 13.82
2,192.50
99.83
214
143.70
61.11
4,125.10
4,719.20
25.47
639.60
56.11
147
21.55
61.80
2,098.95
4,264.90
26.90
998.10
#1 158.71
159
-
58.39
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
Dec 2025
Revenue
3,415
3,559
1,701
3,300
3,496
3,664
3,545
4,141
4,597
6,227
7,761
Expenses
2,861
3,020
1,425
2,518
2,856
3,050
2,736
3,085
3,429
4,659
5,932
EBITDA
554
539
276
782
640
614
810
1,056
1,169
1,567
1,830
Operating Profit %
14 %
15 %
11 %
14 %
16 %
15 %
21 %
23 %
23 %
23 %
22 %
Depreciation
57
71
74
75
76
84
89
153
182
240
267
Interest
40
33
19
48
34
31
31
57
43
96
93
Profit Before Tax
457
435
184
659
531
499
690
846
943
1,232
1,469
Tax
119
115
43
183
129
123
183
201
171
353
362
Net Profit
338
320
141
475
401
376
507
645
773
878
1,107
EPS in ₹
13.78
12.05
4.93
17.93
14.98
13.75
18.41
21.59
25.94
29.33
36.95

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
Dec 2025
Promoter
95.74 %
64.30 %
64.30 %
64.30 %
64.30 %
64.30 %
64.22 %
64.22 %
FIIs
0.00 %
2.23 %
2.23 %
1.40 %
0.70 %
2.68 %
6.35 %
6.91 %
DIIs
0.00 %
3.02 %
3.02 %
2.70 %
2.46 %
2.86 %
2.82 %
2.86 %
Government
0.00 %
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 %
18.96 %
Others
4.26 %
6.89 %
6.89 %
8.39 %
8.48 %
8.20 %
7.29 %
7.05 %
No of Share Holders
26
11,47,870
11,47,870
7,67,963
8,51,028
7,67,267
6,90,025
6,95,699

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
21 Jan 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 Jan 2026 2,552.20 2,506.50

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation16 hrs ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation1 day ago
Announcement under Regulation 30 (LODR)-Monitoring Agency Report5 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order6 days ago
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJan 29, 2026
Announcement under Regulation 30 (LODR)-Credit RatingJan 27, 2026
General UpdatesJan 23, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJan 22, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationJan 22, 2026
Reporting Of Violation Under SEBI (PIT) Regulations 2015Jan 21, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 21, 2026
Outcome Of Board Meeting Held On January 21 2026 For The Unaudited Financials Results Along With Limited Review Report For The Quarter And Nine Months Ended December 31 2025.Jan 21, 2026
Board Meeting Outcome for Outcome Of Board Meeting Held On January 21 2026 For The Unaudited Financials Results Along With Limited Review Report For The Quarter And Nine Months Ended December 31 2025.Jan 21, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 19, 2026
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJan 19, 2026
Board Meeting Intimation for For Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended December 31 2025Jan 17, 2026
Intimation Of Incorporation Of Step Down Subsidiary Companies.Jan 16, 2026
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJan 09, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 06, 2026
Rumour verification - Regulation 30(11)Jan 05, 2026
Clarification sought from Waaree Energies LtdJan 05, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 05, 2026
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Dec 31, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 31, 2025
Appointment Of Mr. Jignesh Rathod As Chief Executive Officer Of The Company.Dec 29, 2025
Announcement under Regulation 30 (LODR)-Resignation of Chief Executive Officer (CEO)Dec 29, 2025
Announcement under Regulation 30 (LODR)-Resignation of DirectorDec 29, 2025
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. December 29 2025.Dec 29, 2025
Commencement Of Commercial ProductionDec 29, 2025
Closure of Trading WindowDec 26, 2025
Intimation Of Incorporation Of Step Down Subsidiary Companies.Dec 23, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 23, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Dec 23, 2025
Rumour verification - Regulation 30(11)Dec 20, 2025
Intimation Of Incorporation Of A Step Down Subsidiary Company.Dec 19, 2025
Announcement under Regulation 30 (LODR)-AcquisitionDec 19, 2025
Clarification sought from Waaree Energies LtdDec 19, 2025
Intimation Of Incorporation Of Step Down Subsidiary Companies.Dec 18, 2025
Intimation Of Incorporation Of Step Down Subsidiary Companies.Dec 17, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 17, 2025
Announcement under Regulation 30 (LODR)-Change in ManagementDec 17, 2025
Intimation Of Incorporation Of A Step Down Subsidiary CompanyDec 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 16, 2025
Intimation Of Incorporation Of A Step Down Subsidiary CompanyDec 15, 2025
Commencement Of Commercial ProductionDec 12, 2025
Intimation Of Incorporation Of A Step Down Subsidiary CompanyDec 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 06, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderDec 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 04, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Energy Opportunities Fund Direct - Growth
0.00%
-15000
-1.68%
-1.99%
JM Large & Mid Cap Fund Direct-Growth
1.99%
7500
0.45%
0.30%
Motilal Oswal Infrastructure Fund Direct-Growth
4.33%
6895
1.54%
1.07%
Tata Nifty Midcap 150 Index Fund Direct-Growth
0.00%
-5740
-0.74%
-0.79%
JioBlackRock Nifty Midcap 150 Index Fund Direct-Growth
0.00%
-4677
-0.74%
-0.78%
Motilal Oswal Special Opportunities Fund Direct-Growth
4.29%
2589
1.06%
0.82%
Kotak Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-434
-0.74%
-0.78%
Groww Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-277
-0.74%
-0.79%
DSP Nifty Midcap 150 Index Fund Direct - Growth
0.00%
-201
-0.74%
0.00%
Navi Nifty MidSmallcap 400 Index Fund Direct - Growth
0.00%
-182
-0.48%
0.00%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.13%
5
0.00%
-0.01%
JM Focused Direct Plan-Growth
3.34%
0
0.00%
-0.04%
Bandhan Arbitrage Fund Direct-Growth
0.01%
0
0.00%
0.01%
Canara Robeco Infrastructure Direct-Growth
0.00%
0
0.00%
-0.36%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.00%
0
0.00%
0.00%
Canara Robeco Manufacturing Fund Direct - Growth
0.00%
0
0.00%
-1.62%
Canara Robeco Multi Cap Fund Direct - Growth
0.00%
0
0.00%
0.00%
Canara Robeco Value Fund Direct - Growth
0.00%
0
0.00%
0.00%
Canara Robeco ELSS Tax Saver Direct- Growth
0.00%
0
0.00%
0.00%
Edelweiss NIFTY Large Mid Cap 250 Index Fund Direct - Growth
0.00%
0
0.00%
-0.37%
Edelweiss Recently Listed IPO Fund Direct-Growth
0.00%
0
0.00%
0.00%
Franklin India Mid Cap Fund Direct-Growth
0.00%
0
0.00%
0.00%
Baroda BNP Paribas Nifty Midcap 150 Index Fund Direct-Growth
0.00%
0
0.00%
-0.74%
Groww Nifty Total Market Index Fund Direct - Growth
0.00%
0
0.00%
-0.14%
HDFC Arbitrage Fund Wholesale Direct-Growth
0.02%
0
0.00%
0.02%

Technical Indicators

RSI(14)
Neutral
65.31
ATR(14)
Less Volatile
128.36
STOCH(9,6)
Overbought
85.55
STOCH RSI(14)
Overbought
97.02
MACD(12,26)
Bullish
67.70
ADX(14)
Weak Trend
23.63
UO(9)
Bearish
61.65
ROC(12)
Uptrend But Slowing Down
18.19
WillR(14)
Overbought
-9.19