Waaree Renewable Technologies, 534618, WAAREERTL Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

11,827.82
40.29
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

11,659.03
0.09%
21.42

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

125.02
161.85
65.74

EBITDA CAGR (%)

10 Years
5 Years
3 Years

117.71
113.61
30.00

PAT CAGR (%)

10 Years
5 Years
3 Years

119.10
150.21
60.51

P:E (Median)

8 Years
5 Years
3 Years

44.51
46.41
47.46

P:BV (Average)

8 Years
5 Years
3 Years

23.82
32.08
41.25

EV:EBITDA (Average)

8 Years
5 Years
3 Years

35.50
40.92
46.82

Earnings Forecasts:

(Updated: 04-10-2025)

Description 2024 2025 2026 2027
Adj EPS 22
P/E Ratio 50.48
Revenue 1597.75
EBITDA 310.9
Net Income 229.16
ROA 24.98
P/B Ratio 25.42
ROE 65.29
FCFF 197.99
FCFF Yield 1.82
Net Debt -166.18
BVPS 43.69

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 774.72 524.42 47.73% 603.10 236.27 155.26% 476.52 270.54 76.14% 360.25 322.31 11.77%
Expenses 616.86 452.88 36.21% 485.54 195.02 148.97% 350.19 197.78 77.06% 288.38 236.19 22.10%
EBITDA 157.87 71.54 120.67% 117.56 41.26 184.92% 126.33 72.76 73.63% 71.87 86.12 -16.55%
EBIDTM 20.38% 13.64% 19.49% 17.46% 26.51% 26.90% 19.95% 26.72%
Other Income 5.12 3.49 46.70% 4.93 2.84 73.59% 4.94 2.40 105.83% 3.86 1.64 135.37%
Interest 3.62 4.09 -11.49% 3.56 3.03 17.49% 4.38 2.81 55.87% 3.35 -0.69 -
Depreciation 2.15 1.56 37.82% 2.20 1.51 45.70% 1.60 0.84 90.48% 1.59 0.91 74.73%
PBT 157.22 69.39 126.57% 116.72 39.56 195.05% 121.28 71.51 69.60% 70.79 87.54 -19.13%
Tax 40.21 15.81 154.33% 30.18 11.10 171.89% 27.39 18.72 46.31% 17.24 21.93 -21.39%
PAT 117.00 53.58 118.37% 86.54 28.46 204.08% 93.89 52.79 77.86% 53.55 65.61 -18.38%
PATM 15.10% 10.22% 14.35% 12.05% 19.70% 19.51% 14.87% 20.36%
EPS 11.23 5.14 118.48% 8.31 2.73 204.40% 9.01 5.07 77.71% 5.14 6.30 -18.41%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 774.78 524.47 47.73% 603.19 236.36 155.20% 476.58 273.25 74.41% 360.35 324.19 11.15%
Expenses 616.84 452.90 36.20% 485.64 195.28 148.69% 350.25 197.95 76.94% 288.42 236.38 22.02%
EBITDA 157.94 71.57 120.68% 117.54 41.08 186.12% 126.33 75.30 67.77% 71.92 87.81 -18.10%
EBIDTM 20.39% 13.65% 19.49% 17.38% 26.51% 27.56% 19.96% 27.09%
Other Income 4.43 3.40 30.29% 4.83 2.76 75.00% 4.86 1.34 262.69% 3.78 0.49 671.43%
Interest 3.62 4.09 -11.49% 3.56 3.03 17.49% 4.38 3.54 23.73% 3.35 0.08 4,087.50%
Depreciation 2.18 1.58 37.97% 2.24 1.54 45.45% 1.63 1.55 5.16% 1.62 1.67 -2.99%
PBT 156.56 69.30 125.92% 116.57 39.27 196.84% 121.17 71.54 69.37% 70.73 86.55 -18.28%
Tax 40.22 15.78 154.88% 30.19 11.11 171.74% 27.40 17.36 57.83% 17.25 22.10 -21.95%
PAT 116.34 53.52 117.38% 86.39 28.16 206.78% 93.77 54.19 73.04% 53.48 64.46 -17.03%
PATM 15.02% 10.20% 14.32% 11.92% 19.67% 19.83% 14.84% 19.88%
EPS 11.16 5.14 117.12% 8.29 2.72 204.78% 9.00 5.20 73.08% 5.13 6.19 -17.12%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 2,214.59 1,597.46 876.18 341.73 153.56 7.60 1.98 5.03 1.30 0.08 0.48 Net Sales Growth 63.61% 82.32% 156.40% 122.54% 1920.53% 283.84% -60.64% 286.92% 1525.00% -83.33% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 3.85 0.00 0.00 0.00 0.00 0.00 Gross Profit 2,214.59 1,597.46 876.18 341.73 153.56 3.75 1.98 5.03 1.30 0.08 0.48 GP Margin 100.00% 100% 100% 100% 100% 49.34% 100% 100% 100% 100% 100% Total Expenditure 1,740.97 1,286.47 669.28 265.75 140.33 4.85 1.93 2.54 1.51 0.56 0.35 Power & Fuel Cost - 953.05 544.93 212.80 124.29 0.01 0.04 0.03 0.00 0.00 0.00 % Of Sales - 59.66% 62.19% 62.27% 80.94% 0.13% 2.02% 0.60% 0% 0% 0% Employee Cost - 29.56 17.30 9.47 5.53 0.55 0.67 0.57 0.29 0.13 0.15 % Of Sales - 1.85% 1.97% 2.77% 3.60% 7.24% 33.84% 11.33% 22.31% 162.50% 31.25% Manufacturing Exp. - 289.92 100.88 40.16 9.06 0.17 0.63 0.66 0.20 0.04 0.00 % Of Sales - 18.15% 11.51% 11.75% 5.90% 2.24% 31.82% 13.12% 15.38% 50.0% 0% General & Admin Exp. - 10.02 4.00 2.24 1.36 0.25 0.60 1.26 0.98 0.11 0.17 % Of Sales - 0.63% 0.46% 0.66% 0.89% 3.29% 30.30% 25.05% 75.38% 137.50% 35.42% Selling & Distn. Exp. - 0.52 0.64 0.58 0.06 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0.03% 0.07% 0.17% 0.04% 0% 0% 0% 0% 0% 0% Miscellaneous Exp. - 3.40 1.53 0.50 0.04 0.03 0.03 0.05 0.05 0.28 0.00 % Of Sales - 0.21% 0.17% 0.15% 0.03% 0.39% 1.52% 0.99% 3.85% 350.0% 4.17% EBITDA 473.63 310.99 206.90 75.98 13.23 2.75 0.05 2.49 -0.21 -0.48 0.13 EBITDA Margin 21.39% 19.47% 23.61% 22.23% 8.62% 36.18% 2.53% 49.50% -16.15% -600% 27.08% Other Income 18.85 15.13 4.46 5.18 14.35 3.69 3.11 0.79 0.74 0.45 0.00 Interest 14.91 14.84 6.77 1.18 1.47 3.62 3.38 2.20 0.08 0.00 0.00 Depreciation 7.54 6.25 5.99 0.18 0.16 0.16 0.16 0.16 0.04 0.00 0.00 PBT 466.01 305.04 198.60 79.81 25.95 2.66 -0.40 0.91 0.42 -0.04 0.13 Tax 115.02 71.54 53.12 20.40 5.55 0.32 -0.21 0.60 0.29 0.00 0.04 Tax Rate 24.68% 23.77% 26.75% 25.56% 21.39% 12.03% 52.50% 65.93% 69.05% 0.00% 30.77% PAT 350.98 229.49 145.48 59.41 20.40 2.34 -0.19 0.31 0.12 -0.03 0.09 PAT before Minority Interest 350.98 229.49 145.48 59.41 20.40 2.34 -0.19 0.31 0.12 -0.03 0.09 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 15.85% 14.37% 16.60% 17.39% 13.28% 30.79% -9.60% 6.16% 9.23% -37.50% 18.75% PAT Growth 75.10% 57.75% 144.87% 191.23% 771.79% - - 158.33% - - EPS 33.68 22.02 13.96 5.70 1.96 0.22 -0.02 0.03 0.01 0.00 0.01

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18
Net Sales 2,214.90 1,597.75 876.50 350.96 161.50 12.98 5.68 7.04 1.30 Net Sales Growth 63.07% 82.29% 149.74% 117.31% 1144.22% 128.52% -19.32% 441.54% Cost Of Goods Sold 0.01 0.00 0.00 0.00 0.00 3.80 0.00 0.00 0.00 Gross Profit 2,214.89 1,597.75 876.50 350.96 161.50 9.18 5.68 7.04 1.30 GP Margin 100.00% 100% 100% 100% 100% 70.72% 100% 100% 100% Total Expenditure 1,741.15 1,286.85 669.32 267.21 137.99 5.99 5.30 3.86 1.53 Power & Fuel Cost - 953.05 544.93 212.80 120.33 0.06 0.06 0.04 0.00 % Of Sales - 59.65% 62.17% 60.63% 74.51% 0.46% 1.06% 0.57% 0% Employee Cost - 29.56 17.30 9.47 5.53 0.55 0.67 0.57 0.29 % Of Sales - 1.85% 1.97% 2.70% 3.42% 4.24% 11.80% 8.10% 22.31% Manufacturing Exp. - 289.94 101.01 40.39 9.41 0.95 0.93 1.69 0.20 % Of Sales - 18.15% 11.52% 11.51% 5.83% 7.32% 16.37% 24.01% 15.38% General & Admin Exp. - 10.05 4.01 2.32 2.27 0.58 0.98 1.52 0.98 % Of Sales - 0.63% 0.46% 0.66% 1.41% 4.47% 17.25% 21.59% 75.38% Selling & Distn. Exp. - 0.52 0.64 0.58 0.06 0.00 0.00 0.00 0.00 % Of Sales - 0.03% 0.07% 0.17% 0.04% 0% 0% 0% 0% Miscellaneous Exp. - 3.72 1.44 1.66 0.39 0.11 2.73 0.08 0.05 % Of Sales - 0.23% 0.16% 0.47% 0.24% 0.85% 48.06% 1.14% 3.85% EBITDA 473.73 310.90 207.18 83.75 23.51 6.99 0.38 3.18 -0.23 EBITDA Margin 21.39% 19.46% 23.64% 23.86% 14.56% 53.85% 6.69% 45.17% -17.69% Other Income 17.90 14.80 4.15 1.53 8.32 2.44 1.69 0.55 0.73 Interest 14.91 14.84 6.77 5.30 6.94 4.34 3.48 2.15 0.08 Depreciation 7.67 6.37 6.12 2.95 3.67 1.69 1.11 0.75 0.04 PBT 465.03 304.49 198.45 77.01 21.22 3.40 -2.52 0.82 0.39 Tax 115.06 71.55 53.24 21.68 12.32 5.77 0.66 2.74 0.29 Tax Rate 24.74% 23.81% 26.83% 28.15% 58.06% 169.71% -26.19% 334.15% 74.36% PAT 349.98 229.16 145.31 55.42 8.60 -3.75 -3.18 -1.91 0.09 PAT before Minority Interest 350.06 228.92 145.22 55.33 8.89 -2.37 -3.18 -1.91 0.09 Minority Interest 0.08 0.24 0.09 0.09 -0.29 -1.38 0.00 0.00 0.00 PAT Margin 15.80% 14.34% 16.58% 15.79% 5.33% -28.89% -55.99% -27.13% 6.92% PAT Growth 74.70% 57.70% 162.20% 544.42% - - - - EPS 33.59 21.99 13.95 5.32 0.83 -0.36 -0.31 -0.18 0.01

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 456.69 247.49 111.43 52.21 32.79 30.43 10.63 10.26 10.15 10.19 Share Capital 20.85 20.83 20.81 20.81 20.81 20.81 10.01 10.01 10.01 10.01 Total Reserves 434.32 225.01 89.78 31.40 11.97 9.61 0.62 0.24 0.14 0.17 Non-Current Liabilities 51.72 48.29 0.91 0.96 37.85 37.40 37.12 0.37 0.00 0.00 Secured Loans 24.18 27.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.09 36.94 36.67 36.23 0.00 0.00 0.00 Long Term Provisions 1.32 0.62 0.31 0.22 0.69 0.05 0.01 0.08 0.00 0.00 Current Liabilities 612.89 419.20 142.10 78.89 12.80 0.56 0.39 1.70 0.01 0.05 Trade Payables 234.30 297.52 76.81 57.91 2.74 0.01 0.03 0.08 0.01 0.00 Other Current Liabilities 359.84 88.02 48.14 19.05 10.04 0.50 0.34 1.61 0.00 0.01 Short Term Borrowings 0.00 10.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 18.75 23.66 17.15 1.94 0.02 0.04 0.02 0.00 0.00 0.04 Total Liabilities 1,121.30 714.98 254.44 132.06 83.44 68.39 48.14 12.33 10.16 10.24 Net Block 195.14 153.94 9.27 3.15 3.23 3.40 3.55 3.71 0.00 0.00 Gross Block 212.61 165.17 10.12 3.82 3.75 3.75 3.74 3.74 0.00 0.00 Accumulated Depreciation 17.47 11.23 0.85 0.67 0.51 0.35 0.19 0.04 0.00 0.00 Non Current Assets 305.81 161.03 89.60 3.39 35.95 67.22 44.01 4.67 3.21 0.00 Capital Work in Progress 56.22 3.03 80.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 0.03 0.01 0.22 0.22 32.10 32.10 31.90 0.00 0.00 0.00 Long Term Loans & Adv. 0.72 0.56 0.06 0.01 0.62 31.70 8.52 0.92 3.21 0.00 Other Non Current Assets 53.70 3.49 0.00 0.00 0.00 0.02 0.03 0.05 0.00 0.00 Current Assets 815.50 553.95 164.85 128.67 47.48 1.16 4.14 7.65 6.95 10.24 Current Investments 51.97 9.00 0.00 0.56 0.00 0.00 0.00 0.00 0.00 0.52 Inventories 6.45 29.17 36.52 1.69 0.46 0.00 0.00 0.00 6.33 5.00 Sundry Debtors 496.98 371.98 61.28 45.11 2.46 0.02 2.88 0.41 0.00 0.00 Cash & Bank 193.43 120.77 12.74 38.57 0.53 0.28 0.66 7.03 0.45 0.28 Other Current Assets 66.68 9.65 3.34 3.47 44.04 0.86 0.60 0.22 0.17 4.43 Short Term Loans & Adv. 49.91 13.38 50.97 39.28 37.52 0.85 0.52 0.17 0.06 4.39 Net Current Assets 202.61 134.75 22.74 49.78 34.68 0.61 3.75 5.96 6.94 10.19 Total Assets 1,121.31 714.98 254.45 132.06 83.43 68.38 48.15 12.32 10.16 10.24

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18
Shareholder's Funds 455.42 246.53 85.14 29.90 22.28 25.95 9.33 10.25 Share Capital 20.85 20.83 20.81 20.81 20.81 20.81 10.01 10.01 Total Reserves 433.04 224.06 63.49 9.09 1.46 5.14 -0.68 0.23 Non-Current Liabilities 52.23 48.78 46.19 47.37 123.51 40.33 39.92 0.37 Secured Loans 24.18 27.37 30.48 32.90 77.35 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.09 36.94 36.67 36.95 0.00 Long Term Provisions 1.32 0.62 0.31 0.22 0.73 0.05 0.01 0.08 Current Liabilities 612.94 419.23 151.48 90.56 24.62 24.75 15.10 5.35 Trade Payables 234.33 297.52 74.61 57.98 6.02 6.73 0.05 0.09 Other Current Liabilities 359.86 88.04 54.30 25.23 16.42 14.76 14.94 5.01 Short Term Borrowings 0.00 10.00 5.42 5.43 2.16 3.10 0.00 0.25 Short Term Provisions 18.75 23.66 17.15 1.92 0.02 0.16 0.12 0.00 Total Liabilities 1,120.13 714.31 282.67 167.78 202.37 121.60 94.72 15.97 Net Block 197.82 156.75 74.29 73.16 154.68 30.49 31.89 3.71 Gross Block 215.75 168.31 81.70 77.87 157.97 32.09 32.67 3.74 Accumulated Depreciation 17.93 11.56 7.42 4.71 3.29 1.60 0.78 0.04 Non Current Assets 308.62 163.98 155.12 74.64 157.92 76.58 82.15 8.19 Capital Work in Progress 56.37 3.17 80.20 0.90 1.52 41.18 3.35 4.17 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 0.72 0.56 0.64 0.57 1.71 4.89 46.62 0.19 Other Non Current Assets 53.70 3.49 0.00 0.00 0.00 0.02 0.30 0.12 Current Assets 811.51 550.34 127.55 93.15 44.44 45.03 12.58 7.78 Current Investments 51.97 9.00 0.00 0.56 30.09 0.00 0.00 0.00 Inventories 6.45 29.17 36.52 1.69 0.46 0.00 0.00 0.00 Sundry Debtors 497.75 372.57 61.31 46.53 6.17 1.36 4.12 0.41 Cash & Bank 193.55 120.89 16.51 42.19 6.11 36.76 7.38 7.15 Other Current Assets 61.79 8.70 0.84 0.65 1.63 6.92 1.08 0.23 Short Term Loans & Adv. 46.51 10.01 12.38 1.53 1.31 6.56 0.76 0.17 Net Current Assets 198.57 131.11 -23.93 2.59 19.83 20.28 -2.53 2.43 Total Assets 1,120.13 714.32 282.67 167.79 202.36 121.61 94.73 15.97

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 302.41 127.67 58.15 33.52 3.27 3.30 4.51 0.45 -1.93 -0.13 PBT 301.02 198.60 79.81 25.95 2.66 -0.40 0.91 0.42 -0.04 0.13 Adjustment 7.21 10.03 -2.75 -12.45 0.11 0.45 1.57 -0.63 -0.45 0.00 Changes in Working Capital 65.35 -55.48 -13.61 23.17 0.78 3.52 2.37 0.86 -1.40 -0.22 Cash after chg. in Working capital 373.59 153.15 63.45 36.68 3.55 3.57 4.85 0.65 -1.88 -0.09 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -71.17 -25.47 -5.30 -3.15 -0.28 -0.27 -0.34 -0.20 -0.05 -0.04 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -236.65 -114.16 -66.00 18.59 -8.01 2.89 -31.10 -3.02 0.97 0.00 Net Fixed Assets -100.63 -78.03 -86.35 -0.07 0.00 -0.01 0.00 -3.74 0.00 0.00 Net Investments -42.99 -8.79 0.56 31.32 0.00 -0.20 -31.90 0.00 0.52 0.00 Others -93.03 -27.34 19.79 -12.66 -8.01 3.10 0.80 0.72 0.45 0.00 Cash from Financing Activity -48.57 -7.18 -2.31 -39.36 4.99 -6.13 26.60 2.43 1.13 0.00 Net Cash Inflow / Outflow 17.19 6.33 -10.16 12.75 0.25 0.06 0.01 -0.14 0.17 -0.13 Opening Cash & Equivalents 9.58 3.24 13.18 0.43 0.18 0.12 0.10 0.24 0.07 0.40 Closing Cash & Equivalent 26.77 9.58 3.02 13.18 0.43 0.18 0.12 0.10 0.24 0.28

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18
Cash From Operating Activity 302.70 127.91 65.15 42.55 -2.31 50.85 -6.80 0.00 PBT 300.48 198.45 77.01 21.22 3.40 -2.52 0.82 0.00 Adjustment 7.67 10.46 8.02 3.46 3.75 5.21 33.68 0.00 Changes in Working Capital 65.73 -55.52 -14.58 21.50 -9.47 48.53 -40.91 0.00 Cash after chg. in Working capital 373.87 153.39 70.45 46.18 -2.33 51.22 -6.41 0.00 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -71.17 -25.48 -5.30 -3.63 0.01 -0.37 -0.40 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -236.93 -114.39 -65.96 9.43 -104.56 -38.16 -27.57 0.00 Net Fixed Assets -100.63 -78.03 -86.35 -0.07 0.00 -0.01 0.00 Net Investments -42.99 -8.79 0.56 31.32 0.00 -0.20 -31.90 Others -93.31 -27.57 19.83 -21.82 -104.56 -37.95 4.33 Cash from Financing Activity -48.57 -7.18 -9.20 -39.99 80.68 14.38 34.55 0.00 Net Cash Inflow / Outflow 17.20 6.34 -10.01 11.99 -26.19 27.07 0.18 0.00 Opening Cash & Equivalents 9.59 3.26 13.27 1.28 27.47 0.40 0.22 0.00 Closing Cash & Equivalent 26.79 9.59 3.26 13.27 1.28 27.47 0.40 0.00

Financial Ratios

Standalone /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 43.66 23.60 10.63 25.08 15.75 14.62 10.62 10.24 10.14 10.17 ROA 24.99% 30.01% 30.74% 18.93% 3.08% -0.32% 1.02% 1.09% -0.32% 0.91% ROE 65.47% 81.63% 72.98% 48.01% 7.40% -0.91% 2.96% 1.20% -0.32% 0.91% ROCE 81.83% 102.84% 98.93% 44.95% 9.19% 5.24% 10.91% 4.84% -0.31% 1.30% Fixed Asset Turnover 8.46 10.00 49.02 40.55 2.03 0.53 1.34 0.69 21.03 0.00 Receivable days 99.27 90.25 56.82 56.53 59.53 267.81 119.27 114.12 0.00 0.00 Inventory Days 4.07 13.68 20.40 2.55 21.93 0.00 0.00 0.00 0.00 2799.48 Payable days 0.00 0.00 0.00 0.00 130.50 0.00 8.30 13.15 10.75 0.00 Cash Conversion Cycle 103.34 103.93 77.22 59.08 -49.03 267.81 110.97 100.96 -10.75 2799.48 Total Debt/Equity 0.06 0.16 0.00 0.00 1.13 1.21 3.41 0.00 0.00 0.00 Interest Cover 21.29 30.36 68.64 18.61 1.73 0.88 1.41 6.39 -8.24 209.53

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18
Book Value (Rs.) 43.54 23.51 8.10 14.37 10.70 12.47 9.32 10.23 ROA 24.96% 29.13% 24.57% 4.80% -1.46% -2.94% -3.46% 0.58% ROE 65.52% 88.23% 96.90% 34.08% -9.81% -18.00% -19.55% 0.90% ROCE 81.92% 99.83% 84.06% 26.67% 7.55% 1.71% 10.48% 4.48% Fixed Asset Turnover 8.32 7.01 4.40 1.37 0.14 0.18 0.39 0.35 Receivable days 99.41 90.34 56.08 59.55 105.80 175.93 117.38 114.12 Inventory Days 4.07 13.68 19.87 2.42 12.85 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 612.31 0.00 6.17 24.32 Cash Conversion Cycle 103.48 104.02 75.95 61.98 -493.66 175.93 111.20 89.80 Total Debt/Equity 0.06 0.17 0.46 1.40 5.26 1.53 3.96 0.02 Interest Cover 21.25 30.33 15.52 4.06 1.78 0.28 1.38 5.60

Top Investors:

hitesh p mehta

llp

Annual Reports:

News Update:

Waaree Renewable Technologies receives LoA from Waaree Forever Energies
9th Sep 2025, 15:19 PM

The order value is approximately Rs 1,252.43 crore (Excluding Taxes)
Read More
Waaree Renewable Technologies reports over 3-fold jump in Q1 consolidated net profit
17th Jul 2025, 15:52 PM

Total consolidated income of the company reported over 2-fold jump at Rs 608.02 crore for Q1FY26
Read More
Waaree Renewables - Quarterly Results
17th Jul 2025, 14:20 PM

Read More
Waaree Renewable Technologies secures LoA worth around Rs 26.17 crore
3rd Jul 2025, 09:07 AM

The project is scheduled to be completed in the financial year 2025-26, as per the terms of the order
Read More

Waaree Renewable Technologies Ltd.

Power Generation/Distribution

BSE: 534618 | NSE: WAAREERTL

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Waaree Renewable Technologies Ltd.

Power Generation/Distribution

BSE: 534618 | NSE: WAAREERTL

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: