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Waaree Renewables Technologies Ltd

(534618)

₹14570.77%

as on 04:01PM, 02 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Waaree Renewables Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,445
    ₹1,488.3
  • 52 Week's Low

    52 Week's High

    ₹284.02
    ₹3,037.75
1 Month Return-6.69 %
3 Month Return-2.31 %
1 Year Return+ 402.1 %
Previous Close₹1,468.30
Open₹1,468.30
Volume1.08L
Upper Circuit-
Lower Circuit-
Market Cap₹15,306.52Cr

Waaree Renewables Technologies Ltd Key Statistics

P/E Ratio77.34
PEG Ratio5.75
Market Cap₹15,306.52 Cr
P/B Ratio56.44
EPS14.21
Dividend Yield0.07
SectorPower Infrastructure
ROE80.34

Waaree Renewables Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹15,306.52 Cr11726.4%0.52₹148 Cr₹876 Cr
NA₹1,604.02 Cr0.14%0.66-₹30 Cr₹242 Cr
NA₹4,413.62 Cr117%0.59₹54 Cr₹382 Cr
NA₹10,336.76 Cr725.74%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: ₹1457.00 per share as on 02 Dec, 2024 04:01 PM
Market Capitalisation: ₹15,306.52Cr as of today
Revenue: ₹524.47Cr as on September 2024 (Q3 24)
Net Profit: ₹53.52Cr as on September 2024 (Q3 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 Renewable Technologies Secures Major Solar Project - 28 Nov, 2024

    Waaree Renewable Technologies has secured a significant Rs 1,233 crore EPC contract for a 2012.47 MWp solar PV project, boosting investor sentiment and driving shares up 5%. The company has shown strong financial growth, with shares trading at Rs 1,494.45.
  • Waaree Renewable Technologies Secures Major Solar Project - 27 Nov, 2024

    Waaree Renewable Technologies has received a term sheet for a ₹1,234 crore solar PV project with a capacity of 2012.47 MWp DC, reinforcing its position in the renewable energy sector.
  • Waaree Secures Major Solar Project Order - 12 Nov, 2024

    Waaree Renewable Technologies Ltd has received an order to establish a 41.6 MW solar project in Tamil Nadu, valued at approximately Rs 146.77 crore, to be completed by FY 2025-26.
  • Waaree Renewable Secures Major Solar Project - 11 Nov, 2024

    Waaree Renewable Technologies Ltd has secured a significant order to establish a 41.6 MW solar project in Tamil Nadu, valued at Rs 146.77 crore, scheduled for completion in the financial year 2025-26. This project reinforces the company's commitment to renewable energy solutions.
  • Waaree Renewable Technologies Sees Significant Growth - 08 Nov, 2024

    Waaree Renewable Technologies has experienced a remarkable 544% increase in share price over the past year. In Q2 FY25, net profit surged 160% to INR 53 crore, while sales rose 250% to INR 524 crore, reflecting strong market performance.
  • Waaree Renewables Reports Strong Q2 Profit Growth - 07 Nov, 2024

    Waaree Renewables Technologies Ltd saw its share price increase by 1.65% following a significant rise in Q2 FY25 net profit to Rs 53.51 crore, up from Rs 20.54 crore in the previous year.
  • Waaree Renewables Reports Strong Q2 Performance - 06 Nov, 2024

    Waaree Renewables Technologies announced impressive Q2 results with net profit nearly tripling and significant sales growth. Standalone net sales reached Rs 524.42 crore, up 255.54% year-on-year.
  • Waaree Renewables Q2 Profit Nearly Triples - 05 Nov, 2024

    Waaree Renewable Technologies Ltd announced a significant increase in Q2 net profit, nearly tripling to Rs 53.51 crore, supported by a rise in total income to Rs 527.86 crore.

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

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 28.3 Cr → 53.54 Cr (in ₹), with an average increase of 47.1% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.83% to 0.98% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 239.12 Cr → 527.87 Cr (in ₹), with an average increase of 54.7% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, Waaree Renewab. stock has moved down by -41.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 74.46% to 74.44% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.70% to 24.57% in Sep 2024 quarter

Waaree Renewables Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹150.06Cr (-)₹324.19Cr (↑116.04%)₹273.31Cr (↓15.69%)₹236.35Cr (↓13.52%)₹524.47Cr (↑121.90%)
Net Income₹18.29Cr (-)₹64.46Cr (↑252.43%)₹51.31Cr (↓20.40%)₹28.16Cr (↓45.12%)₹53.52Cr (↑90.06%)
Net Profit Margin12.19% (-)19.88% (↑63.08%)18.77% (↓5.58%)11.91% (↓36.55%)10.20% (↓14.36%)
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
74.44%
-0.02
Foreign Institutions
0.98%
18.19
Mutual Funds
0%
0.00
Retail Investors
24.57%
-0.52
Others
0%
-62.96

Waaree Renewables Technologies Ltd Key Indicators

Details20202021202220232024
Return On Equity %-1.567.4148.0172.6180.34
Details20202021202220232024
Return On Assets %-4.65-2.846.7321.7721.27
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 (70.37x)

November 29, 2024

Today (77.34x)

November 29, 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 192.25% since last year same period to ₹53.54Cr in the Q2 2024-2025. On a quarterly growth basis, Waaree Renewables Technologies Ltd has generated 89.19% jump 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 0.14%.

    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 ₹1457

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 ₹1488.3.
  • Today’s lowest price of Waaree Renewables Technologies Ltd is ₹1445.

PE Ratio of Waaree Renewables Technologies Ltd is 77.34

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 1.08L.

Today’s market capitalisation of Waaree Renewables Technologies Ltd(534618) is ₹15306.52Cr.

Waaree Renewables Technologies Ltd(534618Price
52 Week High
₹3037.75
52 Week Low
₹284.02

Waaree Renewables Technologies Ltd(534618) share price is ₹1457. It is down -52.04% from its 52 Week High price of ₹3037.75

Waaree Renewables Technologies Ltd(534618) share price is ₹1457. It is up 412.99% from its 52 Week Low price of ₹284.02

Waaree Renewables Technologies Ltd(534618Returns
1 Day Returns
-11.3%
1 Month Returns
-6.69%
3 Month Returns
-2.31%
1 Year Returns
402.1%