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Waaree Renewables Technologies Ltd

(534618)

₹1654.12.62%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Waaree Renewables Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,640
    ₹1,736
  • 52 Week's Low

    52 Week's High

    ₹240
    ₹3,037.75
1 Month Return-10.38 %
3 Month Return-9.45 %
1 Year Return+ 546.16 %
Previous Close₹1,698.55
Open₹1,695.55
Volume1.39L
Upper Circuit-
Lower Circuit-
Market Cap₹17,706.80Cr

Waaree Renewables Technologies Ltd Key Statistics

P/E Ratio108.85
PEG Ratio9.84
Market Cap₹17,706.80 Cr
P/B Ratio56.44
EPS14.21
Dividend Yield0
SectorPower Infrastructure
ROE80.34

Waaree Renewables Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹17,706.80 Cr13622.97%0.52₹148 Cr₹876 Cr
NA₹3,975.88 Cr110.73%0.59₹54 Cr₹382 Cr
NA₹1,604.02 Cr0.14%0.00-₹30 Cr₹242 Cr
BUY₹10,755.48 Cr755.95%0.78₹161 Cr₹1,023 Cr

About Waaree Renewables Technologies Ltd

Waaree Renewable Technologies Limited (formerly, Sangam Renewables Ltd) was incorporated in 1999 and converted into a public company in 2011. It operates in the renewable energy resources sector, primarily involved in generating power and providing consultancy services. In 2018, it commissioned a 1.66 MW rooftop project and inked deals for 10.7 MW rooftop projects spread over 6 to 9 months and 154 agrifeeder projects in Maharashtra. During 2019-2020, it allotted 10.8 million equity shares to Waaree Energies Limited (Promoter Group Company) and acquired 100% stake of the paid up capital of two companies - Waaree PV Technologies Pvt Ltd and Waasang Solar Private Limited. During the same period, the Company divested its entire investments held in Waacox Energy Private Limited and is no longer a material subsidiary.

Share Price: ₹1654.10 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹17,706.80Cr as of today
Revenue: ₹236.35Cr as on June 2024 (Q2 24)
Net Profit: ₹28.16Cr as on June 2024 (Q2 24)
Chairperson Name: Nilesh Gandhi
OrganisationWaaree Renewables Technologies Ltd
Headquarters
IndustryPower Infrastructure
E-voting on sharesClick here to vote

Key events for Waaree Renewables Technologies Ltd

  • Waaree Renewables Reports Strong Growth and Bullish Outlook - 26 Sep, 2024

    Waaree Renewable Technologies has seen over 630% stock surge in a year, driven by strong order book and financials. Q1FY25 net profit rose 208.51%, with revenue up 83.31%. Analysts remain bullish despite high PE multiples, citing competitive margins and robust execution capabilities.

  • Waaree Renewable Technologies Declares Final Dividend - 09 Sep, 2024

    Waaree Renewable Technologies Ltd has announced a final dividend of Re 1 per share, with the ex-dividend date set for September 9, 2024.

  • Waaree Renewable Technologies Secures Solar Project - 06 Sep, 2024

    Waaree Renewable Technologies has been awarded a contract for a 3.4 MW solar project valued at ₹8.58 crore, set for completion in 2024-25. The project supports India's renewable energy goals.

  • Waaree Renewable Technologies Declares 50% Dividend - 02 Sep, 2024

    Waaree Renewable Technologies Ltd announced a 50% dividend for FY 2024, with a record date set for September 9, 2024. The stock has shown remarkable growth, gaining 70,468% over the last decade and 59,546.83% in five years. Despite a recent dip, the stock has delivered substantial returns, outperforming the benchmark BSE Utilities index significantly.

Insights on Waaree Renewables Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, Waaree Renewab. stock has moved up by 4480.8%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.20% to 0.83% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.46% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 64.48 Cr → 28.3 Cr (in ₹), with an average decrease of 32.6% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 324.68 Cr → 239.12 Cr (in ₹), with an average decrease of 14.2% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.33% to 24.70% in Jun 2024 quarter

Waaree Renewables Technologies Ltd Infographics

Waaree Renewables Technologies Ltd Q1 FY2024-2025 Results: Key Insights

Waaree Renewable Q1FY25 profit tripples YoY

  • Waaree Renewable Q1FY25 profit tripples YoY

Waaree Renewables Technologies Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹128.94Cr (-)₹150.06Cr (↑16.38%)₹324.19Cr (↑116.04%)₹273.31Cr (↓15.69%)₹236.35Cr (↓13.52%)
Net Income₹9.13Cr (-)₹18.29Cr (↑100.33%)₹64.46Cr (↑252.43%)₹51.31Cr (↓20.40%)₹28.16Cr (↓45.12%)
Net Profit Margin7.08% (-)12.19% (↑72.18%)19.88% (↑63.08%)18.77% (↓5.58%)11.91% (↓36.55%)
Value in ₹ crore
Details2021202220232024
Total Assets₹83.47Cr (-)₹132.12Cr (↑58.28%)₹254.55Cr (↑92.67%)₹696.29Cr (↑173.54%)
Total Liabilities₹50.69Cr (-)₹79.91Cr (↑57.64%)₹143.12Cr (↑79.10%)₹436.93Cr (↑205.29%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3.30Cr (-)₹3.27Cr (↓0.91%)₹33.52Cr (↑925.08%)₹58.15Cr (↑73.48%)₹117.53Cr (↑102.12%)
0

Waaree Renewables Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.46%
0.00
Foreign Institutions
0.83%
323.14
Mutual Funds
0%
0.00
Retail Investors
24.7%
-2.50
Others
0.01%
-6.90

Waaree Renewables Technologies Ltd Key Indicators

Details20202021202220232024
Return On Equity %-1.567.4148.0172.6180.34
Details20202021202220232024
Return On Assets %-4.65-2.846.5121.7721.27
Details20202021202220232024
Book Value Per Share (₹)2.492.142.878.1822.3
Details20202021202220232024
Earning Per Share (₹)-0.31-0.230.855.3214.21

Waaree Renewables Technologies Ltd Valuation

Waaree Renewables Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3338.89x)

December 29, 2021

Industry (75.99x)

October 18, 2024

Today (108.85x)

October 18, 2024

Highest (1152.82x)

February 7, 2022

LowHigh

Waaree Renewables Technologies Ltd Earnings and Dividends

  • Waaree Renewables Technologies Ltd Earnings Results

    Waaree Renewables Technologies Ltd’s net profit jumped 209.63% since last year same period to ₹28.30Cr in the Q1 2024-2025. On a quarterly growth basis, Waaree Renewables Technologies Ltd has generated -44.88% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Waaree Renewables Technologies Ltd Dividends May,2024

    In the quarter ending March 2024, Waaree Renewables Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.12%.

    Read More about Dividends

Waaree Renewables Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Waaree Renewables Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Waaree Renewables Technologies Ltd (534618) share price today is ₹1654.1

Waaree Renewables Technologies Ltd is not listed on NSE

Waaree Renewables Technologies Ltd is listed on BSE

  • Today’s highest price of Waaree Renewables Technologies Ltd is ₹1736.
  • Today’s lowest price of Waaree Renewables Technologies Ltd is ₹1640.

PE Ratio of Waaree Renewables Technologies Ltd is 108.85

PE ratio = Waaree Renewables Technologies Ltd Market price per share / Waaree Renewables Technologies Ltd Earnings per share

Today’s traded volume of Waaree Renewables Technologies Ltd(534618) is 1.39L.

Today’s market capitalisation of Waaree Renewables Technologies Ltd(534618) is ₹17706.8Cr.

Waaree Renewables Technologies Ltd(534618Price
52 Week High
₹3037.75
52 Week Low
₹240

Waaree Renewables Technologies Ltd(534618) share price is ₹1654.1. It is down -45.55% from its 52 Week High price of ₹3037.75

Waaree Renewables Technologies Ltd(534618) share price is ₹1654.1. It is up 589.21% from its 52 Week Low price of ₹240

Waaree Renewables Technologies Ltd(534618Returns
1 Day Returns
-44.45%
1 Month Returns
-10.38%
3 Month Returns
-9.45%
1 Year Returns
546.16%