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WAAREERTL Stock Chart & Stats
₹931.60
-₹7.80(-0.84%)
At close: 4:00 PM EDT
₹931.60
-₹7.80(-0.84%)
Day’s Range― - ―
52-Week Range₹780.00 - ₹1,358.50
Previous CloseN/A
Volume162.52K
Average Volume (3M)327.16K
Market Cap
₹93.37B
Enterprise Value₹107.88K
Total Cash (Recent Filing)₹2.47B
Total Debt (Recent Filing)₹809.56M
Price to Earnings (P/E)18.3
Beta2.11
Next Earnings
Nov 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.21%
Share Statistics
EPS (TTM)20.16
Shares Outstanding104,345,795
10 Day Avg. Volume814,169
30 Day Avg. Volume327,160
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)9.36
Price to Sales (P/S)2.63
P/FCF Ratio53.20
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)49.6
Revenue Forecast (FY)₹35.73B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthRevenue accelerated sharply into FY2026 (166% growth), reflecting strong project wins and scalable execution. Sustained high top-line growth indicates expanding market share in India’s solar EPC market and supports durable capacity to build backlog, supply chain scale and recurring services.
Sustained ProfitabilityConsistently high operating (19–23%) and net margins (14–17%) over multiple years demonstrate robust unit economics and pricing discipline in project execution. These margins help fund reinvestment and imply structural competitiveness if maintained across project cycles and geographic expansion.
Balance Sheet StrengthA healthy balance sheet with low leverage and very strong ROE (~50–65%) gives the company financial flexibility to bid on capital-intensive EPC projects, absorb payment lags, and fund growth without heavy external financing, supporting long-term resilience and investment capacity.
Bears Say
Cash Flow VolatilityFree cash flow was negative in FY2023 and operating cash covered only a small portion of earnings in FY2026, indicating working-capital and timing volatility. Persistent cash conversion issues can force reliance on external funding, constrain bidding capacity and raise financing costs over time.
Margin Compression RiskThe company noted mild margin compression as it scaled, suggesting rising cost or execution pressure. If project costs, supply-side inflation or competitive pricing persist, margins could erode, reducing the sustainability of returns despite strong revenue growth.
Project-based Revenue ConcentrationRevenue is primarily project-based solar EPC, a lumpy model with significant working-capital swings and execution risk. Lack of disclosure on customer or segment concentration increases counterparty and backlog risk, making revenue and cashflow more volatile across cycles.
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 ₹780.00 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 ₹93.37B.
When is Waaree Renewable Technologies Ltd’s upcoming earnings report date?
Waaree Renewable Technologies Ltd’s upcoming earnings report date is Nov 05, 2026 which is in 82 days.
How were Waaree Renewable Technologies Ltd’s earnings last quarter?
Waaree Renewable Technologies Ltd released its earnings results on Jul 22, 2026. The company reported ₹11.107 earnings per share for the quarter, beating the consensus estimate of ₹11.1 by ₹0.007.
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 pays a Notavailable dividend of ₹1 which represents an annual dividend yield of 0.21%. See more information on Waaree Renewable Technologies Ltd dividends here
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 ₹11.107 in its last earnings report, beating expectations of ₹11.1. Following the earnings report the stock price went up 0.513%.
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 (WAAREERTL.NS) is an Indian enterprise dedicated to producing electricity using sustainable energy methods. The company offers a broad spectrum of solar power solutions, including land-based arrays, installations on rooftops, and water-borne floating solar farms. Their commercial offerings encompass both Capital Expenditure (CAPEX) models and Renewable Energy Service Company (RESCO) Operational Expenditure (OPEX) agreements. Beyond project development, WAAREERTL provides complete Engineering, Procurement, and Construction (EPC) services, as well as ongoing Operations and Maintenance (O&M) support for its facilities. Its client base is diverse, spanning individual consumers, industrial businesses, and commercial organizations. Founded in 1999, the company is based in Mumbai, India. In July 2021, it transitioned from its former identity, Sangam Renewables Limited, to its current name. Waaree Renewable Technologies Limited operates as a significant subsidiary of Waaree Energies Limited.
Technical Analysis
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