Waaree Renewable Technologies Ltd (IN:WAAREERTL)
:WAAREERTL
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WAAREERTL Stock Chart & Stats
₹968.55
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Market closed
₹968.55
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Day’s Range― - ―
52-Week Range₹780.00 - ₹1,358.50
Previous CloseN/A
VolumeN/A
Average Volume (3M)327.16K
Market Cap
₹101.24B
Enterprise Value₹102.13B
Total Cash (Recent Filing)₹2.47B
Total Debt (Recent Filing)₹809.56M
Price to Earnings (P/E)21.1
Beta2.05
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
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
Rapid Revenue GrowthRevenue accelerated sharply (over 100% growth), reflecting strong demand and successful EPC contract wins. Sustained top-line expansion supports scalable operations, improves bargaining power with suppliers, and underpins longer-term earnings potential if project execution holds.
High And Stable ProfitabilityConsistent operating margins near 19–23% and net margins ~14–17% across recent years indicate durable profitability at scale. Strong margins provide a buffer versus input cost swings, enable reinvestment into the business, and reflect efficient project execution in the solar EPC model.
Strengthened Balance SheetLow-to-moderate leverage and rising equity have materially improved capital structure versus earlier years. A stronger balance sheet enhances bidding capacity for large EPC projects, lowers refinancing risk, and provides capacity to absorb working-capital swings during project cycles.
Bears Say
Cash-flow VolatilityOperating and free cash flow have been inconsistent, with FCF negative in FY2023 and weak OCF coverage in FY2026. Persistent timing or working-capital swings can force reliance on external financing, raise project funding costs, and impair sustainable cash conversion as the business scales.
Rising Absolute DebtAn increase in nominal borrowings in FY2026 raises interest and refinancing exposure even if leverage metrics remain modest. If growth or cash conversion weakens, higher absolute debt could constrain flexibility to bid on large EPC contracts or require costlier funding.
Margin Compression RiskMargins narrowed slightly during rapid scale-up, signaling execution and cost-control pressures. Continued compression would reduce cash generation and ROE, making sustained profitability dependent on tighter project management, procurement efficiency, and fixed-cost discipline.
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 ₹101.24B.
When is Waaree Renewable Technologies Ltd’s upcoming earnings report date?
Waaree Renewable Technologies Ltd’s upcoming earnings report date is Aug 07, 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 Apr 16, 2026. The company reported ₹14.9 earnings per share for the quarter, the consensus estimate of ₹14.9 by ₹0.
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 N/A dividend of ₹1 which represents an annual dividend yield of N/A. 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 ₹14.9 in its last earnings report, expectations of ₹14.9. Following the earnings report the stock price went up 1.895%.
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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