Waaree Renewable Technologies Ltd (IN:WAAREERTL)
:WAAREERTL
WAAREERTL Stock Chart & Stats
₹968.55
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Market closed
₹968.55
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Day’s Range― - ―
52-Week Range₹732.05 - ₹1,358.50
Previous CloseN/A
VolumeN/A
Average Volume (3M)327.16K
Market Cap
₹86.58B
Enterprise Value₹85.46B
Total Cash (Recent Filing)₹2.47B
Total Debt (Recent Filing)₹809.56M
Price to Earnings (P/E)21.0
Beta1.49
Next Earnings
May 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.52
Shares Outstanding104,345,795
10 Day Avg. Volume814,169
30 Day Avg. Volume327,160
Financial Highlights & Ratios
PEG Ratio0.67
Price to Book (P/B)19.59
Price to Sales (P/S)5.58
P/FCF Ratio44.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)38.9
Revenue Forecast (FY)₹28.52B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthThe company’s very strong top-line expansion reflects durable contract wins and market demand for solar EPC services. Sustained high revenue growth supports scale economics, improves negotiating power with suppliers, and funds reinvestment into project execution capabilities over the next 2–6 months.
Cash GenerationRobust free cash flow growth and solid cash conversion provide durable funding for working capital across project cycles, reduce reliance on external financing, and enable steady capex or strategic investments. This strengthens resilience to project timing variability and supports sustainable operations.
Balance Sheet StrengthExtremely low leverage and a very high ROE indicate conservative financing and efficient capital use. The strong equity base increases financial flexibility for bidding and executing large EPC projects, limiting default risk and enabling opportunistic growth without stressing liquidity.
Bears Say
Revenue Concentration (EPC)The business is heavily dependent on winning and executing EPC contracts, making revenues cyclical and tender-driven. This concentration reduces recurring revenue visibility, exposes margins to competitive bidding and supply-cost swings, and elevates execution and milestone-payment risk.
Asset Utilization RiskA noted need to monitor asset utilization signals potential capital efficiency constraints. If asset or workforce utilization falls short, returns and margins can deteriorate, requiring additional capital or pricing pressure to sustain growth—risking profitability over the medium term.
Earnings Volatility / Market SensitivityHigher beta reflects greater sensitivity to market swings and sector cyclicality, which can translate into revenue and financing volatility for multi-month EPC projects. Elevated stock volatility can impede access to equity funding and complicate long-term contract planning.
Waaree Renewable Technologies Ltd News
WAAREERTL FAQ
What was Waaree Renewable Technologies Ltd’s price range in the past 12 months?
Waaree Renewable Technologies Ltd lowest stock price was ₹732.05 and its highest was ₹1358.50 in the past 12 months.
What is Waaree Renewable Technologies Ltd’s market cap?
Waaree Renewable Technologies Ltd’s market cap is ₹86.58B.
When is Waaree Renewable Technologies Ltd’s upcoming earnings report date?
Waaree Renewable Technologies Ltd’s upcoming earnings report date is May 13, 2026 which is in 49 days.
How were Waaree Renewable Technologies Ltd’s earnings last quarter?
Waaree Renewable Technologies Ltd released its earnings results on Jan 14, 2026. The company reported ₹11.521 earnings per share for the quarter, beating the consensus estimate of N/A by ₹11.521.
Is Waaree Renewable Technologies Ltd overvalued?
According to Wall Street analysts Waaree Renewable Technologies Ltd’s price is currently Overvalued.
Does Waaree Renewable Technologies Ltd pay dividends?
Waaree Renewable Technologies Ltd does not currently pay dividends.
What is Waaree Renewable Technologies Ltd’s EPS estimate?
Waaree Renewable Technologies Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Waaree Renewable Technologies Ltd have?
Waaree Renewable Technologies Ltd has 104,345,795 shares outstanding.
What happened to Waaree Renewable Technologies Ltd’s price movement after its last earnings report?
Waaree Renewable Technologies Ltd reported an EPS of ₹11.521 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -3.217%.
Which hedge fund is a major shareholder of Waaree Renewable Technologies Ltd?
Currently, no hedge funds are holding shares in IN:WAAREERTL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Waaree Renewable Technologies Ltd
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.
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