Waaree Energies

2,440.95
+9.60
(0.39%)
Market Cap
70,124.39 Cr
EPS
48.05
PE Ratio
49.27
Dividend Yield
0.00 %
52 Week High
3,743.00
52 Week Low
2,026.00
PB Ratio
8.27
Debt to Equity
0.15
Add Ratio

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%
Analyst Rating
- By Refinitiv from3 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy+33.33 %
+33.33 %
Hold+33.33 %
+33.33 %
Sell+33.33 %
+33.33 %

Company News

View All News
Caret
positive
Waaree Energies to Expand Solar Module Manufacturing in GujaratToday
Waaree Energies has announced plans to establish new solar module manufacturing lines with a capacity of 3.2 GW in Gujarat. This expansion signifies a significant increase in the company's production capabilities for solar energy components.
positive
Waaree Energies to Establish 1.6 GW Solar Module Manufacturing Line in TexasToday
Waaree Energies has announced plans to set up a 1.6 gigawatt (GW) solar module manufacturing facility in Texas, USA. This move represents a significant expansion of the company's production capabilities and entry into the US market.
positive
Waaree Energies Ltd: Credit Rating Upgraded to A+ by CARE Ratings5 days ago
Waaree Energies Limited received a credit rating upgrade from CARE Ratings. Long-term bank facilities of ₹1,904 crore upgraded to 'CARE A+; Stable'. Long-term/short-term facilities of ₹3,650 crore rated 'CARE A+; Stable / CARE A1+'. Upgrade reflects consistent financial performance and improved efficiency. Company reported ₹11,446 crore total operating income in FY24 and completed ₹3,600 crore IPO. Current order book stands at approximately ₹50,000 crore.
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
2,440.95 70,124.39 49.27 11,632.80 69.56 1,274 260.01 65.19
910.05 41,022.72 54.38 3,171.30 116.74 231 490.74 44.98
5,920.90 23,783.26 30.57 16,239.40 12.98 825 -19.62 43.94
276.10 8,389.47 41.55 1,284.30 56.22 101 672.73 50.21
752.80 4,979.64 113.42 882.00 -8.05 28 263.64 57.20
1,031.50 4,353.58 85.89 26.80 32.67 -121 176.19 50.29
5,483.00 4,181.72 37.01 409.70 42.11 92 33.33 46.07
2,917.45 3,297.63 25.88 1,910.70 31.99 131 36.70 55.49
189.55 3,262.16 176.55 -0.60 -107.14 -22 3,050.00 58.32
559.60 2,462.24 37.53 2,998.30 12.87 55 56.41 61.81
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 %

Quarterly Financial Results

Quarterly Financials
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Revenue
3,415
3,559
1,701
3,300
3,496
3,664
3,545
Expenses
2,861
3,020
1,425
2,518
2,856
3,050
2,736
EBITDA
554
539
276
782
640
614
810
Operating Profit %
14 %
15 %
11 %
14 %
16 %
15 %
21 %
Depreciation
57
71
74
75
76
84
89
Interest
40
33
19
48
34
31
31
Profit Before Tax
457
435
184
659
531
499
690
Tax
119
115
43
183
129
123
183
Net Profit
338
320
141
475
401
376
507
EPS in ₹
13.78
12.05
4.93
17.55
14.98
13.75
18.41

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 %
Others
4.26 %
6.89 %
6.89 %
8.39 %
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

Corporate Action

Announcements

Appointment Of Mr. Ankit Doshi As President -Strategy Of The Company And Has Been Designated As Senior Management Personnel Of The Company.
2 hours ago
Announcement under Regulation 30 (LODR)-Retirement
2 hours ago
Announcement under Regulation 30 (LODR)-Change in Directorate
2 hours ago
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. March 25 2025.
3 hours ago
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
5 days ago
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
5 days ago
Announcement under Regulation 30 (LODR)-Credit Rating
6 days ago
Announcement under Regulation 30 (LODR)-Credit Rating
6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Mar 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Mar 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Mar 06, 2025
Announcement under Regulation 30 (LODR)-Investor Presentation
Feb 28, 2025
Announcement under Regulation 30 (LODR)-Investor Presentation
Feb 28, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India.
Feb 26, 2025
Disclosure Under Regulation 30 Of Securities And Exchange Board Of India.
Feb 26, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Feb 25, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Feb 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 25, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 21, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 20, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Feb 19, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 19, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Feb 19, 2025
Announcement under Regulation 30 (LODR)-Newspaper Publication
Feb 15, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Feb 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 07, 2025
Disclosure Under Regulation 30 - Commencement Of Commercial Production
Feb 07, 2025
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Feb 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Feb 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Jan 31, 2025
Waaree Clean Energy Solutions Private Limited A Wholly Owned Subsidiary Of The Company Has Received A Notification Of Award (NOA).
Jan 31, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Jan 31, 2025
Announcement under Regulation 30 (LODR)-Investor Presentation
Jan 30, 2025
Integrated Filing (Financial)
Jan 30, 2025
Statement Of Deviation And Variation In Respect Of Utilisation Of Funds Raised Through Issuance Of Equity Shares By Way Of Public Issue
Jan 30, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Jan 30, 2025
Financial Results For The Quarter Ended 31St December 2024
Jan 30, 2025
Board Meeting Outcome for Outcome Of Board Meeting
Jan 30, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Jan 24, 2025
Board Meeting Intimation for Intimation Of Meeting Of The Board Of Directors.
Jan 24, 2025
Commencement Of Commercial Production
Jan 22, 2025
Change In Name Of Registrar And Share Transfer Agent (RTA) Of The Company
Jan 21, 2025
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Jan 20, 2025

Technical Indicators

RSI(14)
Neutral
64.66
ATR(14)
Volatile
99.59
STOCH(9,6)
Neutral
79.98
STOCH RSI(14)
Overbought
100.00
MACD(12,26)
Bullish
42.18
ADX(14)
Weak Trend
19.40
UO(9)
Bearish
58.42
ROC(12)
Uptrend And Accelerating
10.02
WillR(14)
Overbought
-18.20