WAAREERTL · NSE
Waaree Renewable Technologies Limited
₹819.65
+1.06% (+₹8.6)
Prev. close
₹811.05
Volume
93,649
Delivery %
48.4%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It also provides engineering, procurement, and construction (EPC) services. The company serves the individual, industrial, and commercial sectors. The company was formerly known as Sangam Renewables Limited and changed its name to Waaree Renewable Technologies Limited in July 2021. The company was incorporated in 1999 and is headquartered in Mumbai, India. Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited.
Details
Sector
Industrials
Industry
Engineering & Construction
CEO
Mr. Pujan Pankaj Doshi
Headquarters
Mumbai
Employees
399
Website
waareertl.comExchange
View on NSE ↗Key stats
Market cap
₹8,555.44 Cr
P/E ratio (TTM)
16.8
EPS (TTM)
₹48.69
Beta (1Y · daily vs NIFTY 50)
1.39
Shares float
2.50 Cr
EPS · quarter ended Jun 2026
₹11.09
Financial Performance
01 · Financials
Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 0.0% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹12.98 Cr | ₹161.50 Cr | ₹350.81 Cr | ₹876.40 Cr | ₹1,597.75 Cr | ₹3,331.42 Cr | |
| EBITDA | ₹9.43 Cr | ₹31.83 Cr | ₹85.15 Cr | ₹210.21 Cr | ₹312.27 Cr | ₹652.62 Cr |
| ₹-2.37 Cr | ₹8.89 Cr | ₹55.42 Cr | ₹145.31 Cr | ₹229.16 Cr | ₹478.64 Cr | |
| Diluted EPS | — | — | ₹5.31 | ₹13.94 | ₹21.95 | ₹45.86 |
Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | ₹167.79 Cr | ₹282.68 Cr | ₹714.32 Cr | ₹1,120.12 Cr | ₹2,373.79 Cr | |
| — | ₹41.84 Cr | ₹38.98 Cr | ₹40.48 Cr | ₹27.37 Cr | ₹145.66 Cr | |
| Stockholders' equity | — | ₹29.85 Cr | ₹85.14 Cr | ₹246.53 Cr | ₹455.42 Cr | ₹934.35 Cr |
Total assets, Current assets, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹65.15 Cr | ₹127.91 Cr | ₹302.70 Cr | ₹286.95 Cr | |
| Investing cash flow | — | — | ₹-65.96 Cr | ₹-114.39 Cr | ₹-236.93 Cr | ₹-264.48 Cr |
| — | — | ₹-9.20 Cr | ₹-7.18 Cr | ₹-48.57 Cr | ₹22.55 Cr | |
| Capital expenditure | — | — | ₹-83.29 Cr | ₹-10.78 Cr | ₹-101.41 Cr | ₹-122.50 Cr |
| End cash position | — | — | ₹3.26 Cr | ₹9.59 Cr | ₹26.79 Cr | ₹71.82 Cr |
Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Mar 25–Sep 25(3Q) | Dec 25–Jun 26(3Q) |
|---|---|---|
| Promoter | 74.39% | 74.32% |
| Public | 25.61% | 25.68% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| Waaree Renewable Technologies Limited | ₹8,555.44 Cr | ₹819.65 | 16.6 | 9.16 | 51.2% | 0.16 | +108.5% | -25.1% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 14
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
12 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Waaree Renewable Technologies: Releases FY26 Annual Report with Robust Growth
Waaree Renewable Technologies Limited released its FY26 Annual Report, showing robust financial growth. Revenue from operations reached ₹3,331.42 crore, a 108.51% year-on-year increase. The report highlights 16 years of EPC experience and a 5.06 GWp solar EPC portfolio, underscoring the company's strong position in India's renewable energy sector.
Waaree Renewable Technologies consolidated net profit rises 34.08% in the June 2026 quarter
Business Standard · 2 months ago