Waaree Renewable Technologies Ltd - Stock Valuation and Financial Performance

BSE: 534618 | NSE: WAAREERTL | Power Generation/Distribution | Small Cap

Waaree Renewables Share Price

1,023.90 85.70 9.13%
as on 16-Apr'25 16:59

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Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Waaree Renewable Technologies stock performance -

P/E Ratio (SA):
46.51
Market Cap:
10,673.8 Cr.
52-wk low:
732.1
52-wk high:
3,037.8

Is Waaree Renewable Technologies Ltd an attractive stock to invest in?


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10 Year X-Ray of Waaree Renewables: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Waaree Renewable Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 1.2%1.3%-0.3%4.8%10.9%5.2%9.2%45%98.9%107.2%-
Value Creation
Index
-0.9-0.9-1.0-0.7-0.2-0.6-0.32.26.16.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.300.11.3527.61543428671,597
Sales YoY Gr.--87.5%100%1,525%286.9%-60.6%283.8%1,920.5%122.5%153.8%-
Adj EPS 00000.1-00.21.35.714.322
YoY Gr.--100%NA-33.3%200%-133.3%NA495.5%335.1%150.5%-
BVPS (₹) 2222.12.12.93.2510.624.735.8
Adj Net
Profit
0.100.20.10.3-0.22.313.659.3149229
Cash Flow from Ops. -0.1-0.1-1.90.54.53.33.333.558.2118-
Debt/CF from Ops. 0000811.111.3000.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 140.7%180.1%385.1%153.8%
Adj EPS 107.5%198.8%301.9%150.5%
BVPS32.1%63.5%98.8%132.7%
Share Price 84.5% 247.5% 142.8% -52.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.8-0.21.51.22.9-0.97.43272.580.372.7
Op. Profit
Mgn %
36.4-723-282.8-16.249.52.236.28.622.222.919.5
Net Profit
Mgn %
25.5-43.4202.39.46.1-9.430.88.917.417.214.4
Debt to
Equity
00003.41.21.10000.1
Working Cap
Days
10,38581,08946,1851,5864944,1231,92516312913275
Cash Conv.
Cycle
2,50231,98827,312931108262-36-20-16219

Recent Performance Summary

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Latest Financials - Waaree Renewable Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 22 22
TTM Sales (₹ Cr.) 1,597 1,598
BVPS (₹.) 35.8 35.7
Reserves (₹ Cr.) 352 351
P/BV 28.60 28.69
PE 46.51 46.58
From the Market
52 Week Low / High (₹) 732.05 / 3037.75
All Time Low / High (₹) 1.48 / 3037.75
Market Cap (₹ Cr.) 10,674
Equity (₹ Cr.) 20.9
Face Value (₹) 2
Industry PE 28.9

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 3.5 -643.5 15.24.6 31.16 75.7
Adj EPS (₹) 0 N/A0 -50-0.4 -1533.30 0
Op. Profit Mgn % -15.18 5237 bps11.59 -315 bps-322.07 -33945 bps8.50 -380 bps
Net Profit Mgn % 0.20 1731 bps6.56 -180 bps-311.25 -32091 bps8.32 36 bps

Management X-Ray of Waaree Renewables:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:74.39%Institutions:1.13%Non-Institutions:24.48%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec24Mar250%20%40%60%80%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Waaree Renewables

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

No data found!

Key Ratios of Waaree Renewables

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
PTC India 176.6 0.7 (0.4%) Small Cap 16,007 14.1 2.4 12.6 1.2
CESC 157.7 0.7 (0.4%) Small Cap 8,606 5.9 -3.4 26.6 2
Reliance Power 41.8 0.2 (0.4%) Small Cap 7,893 6 -28 6.9 1.2
JP Power Ventures 15.4 0.1 (0.9%) Small Cap 6,763 1.3 18.3 11.6 1.3
RattanIndia Power 10.2 0.1 (1.2%) Small Cap 3,364 -1.9 -4.6 - 1.2
Nava 482.3 -9.5 (-1.9%) Small Cap 1,468 14 14.4 34.5 3.9
Guj. Inds. Power 187.2 3.1 (1.7%) Small Cap 1,349 13.7 14.7 13.6 0.8
Waaree Renewables 1,023.9 85.7 (9.1%) Small Cap 867 22 17.2 46.5 28.6
GMR Power and Urban 131.7 -0.2 (-0.1%) Small Cap 779 14.9 85 8.8 5.1
Acme Solar Holdings 204.7 -2.3 (-1.1%) Small Cap 471 6.9 -3 29.5 2.4
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales0001528154342867
Operating Expenses 0012325140266668
Manufacturing Costs0000004133253645
Material Costs0000000000
Employee Cost 00001116917
Other Costs 0001210136
Operating Profit 00002031376199
Operating Profit Margin (%) 36.4%-723.0%-640.0%-16.2%49.5%2.1%36.2%8.6%22.2%22.9%
Other Income 00011341458
Interest 0000234114
Depreciation 0000000003
Exceptional Items 0000000000
Profit Before Tax 00001032680200
Tax 000010062051
Profit After Tax 00000022059149
PAT Margin (%) 25.5%220.0%-43.3%9.4%6.1%-9.4%30.8%13.3%17.4%17.2%
Adjusted EPS (₹)0.00.00.00.00.10.00.22.05.714.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%10%4%7%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1010101011303352111258
Share Capital 10101010102121212121
Reserves 0000110123190237
Minority Interest0000000000
Debt00003637370010
Long Term Debt0000363737000
Short Term Debt00000000010
Trade Payables00000035877298
Others Liabilities 000211112267131
Total Liabilities 10101012486883132254696

Fixed Assets

Gross Block000444441097
Accumulated Depreciation0000001113
Net Fixed Assets00044333994
CWIP 00000000803
Investments 1100323232109
Inventories256000023729
Trade Receivables00003024561372
Cash Equivalents 00071013913117
Others Assets743193345435473
Total Assets 10101012486883132254696

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 00-205333458118
PBT 00001032680200
Adjustment 000-1200-12-3-1
Changes in Working Capital -0-0-1124123-14-57
Tax Paid 0000000-3-5-26
Cash Flow From Investing Activity 001-3-313-819-66-115
Capex 000-40000-86-10
Net Investments 0010-3200-2616-106
Others 000113-84541
Cash Flow From Financing Activity 001227-65-39-24
Net Proceeds from Shares 00000200000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-2-3-4-1-1-4
Dividend Paid 0000000-1-1-2
Others 001329-239-37010
Net Cash Flow 000000013-106
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.810.91-0.321.22.96-0.917.448.0172.9880.88
ROCE (%)1.151.3-0.314.8410.915.249.1944.9598.93107.22
Asset Turnover Ratio0.0300.010.120.170.030.11.431.771.83
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1.51.70.980.79
Working Capital Days
Receivable Days810011411926860575791
Inventory Days2,421000002232014
Payable Days0000000000

Waaree Renewable Technologies Ltd Stock News

Waaree Renewable Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Waaree Renewables on 16-Apr-2025 16:59 is ₹1,023.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2025 16:59 the market cap of Waaree Renewables stood at ₹10,673.8.
The latest P/E ratio of Waaree Renewables as of 16-Apr-2025 16:59 is 46.51.
The latest P/B ratio of Waaree Renewables as of 16-Apr-2025 16:59 is 28.60.
The 52-week high of Waaree Renewables is ₹3,037.8 and the 52-week low is ₹732.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Waaree Renewables is ₹1,597 ( Cr.) .

About Waaree Renewable Technologies Ltd

Waaree Renewables Technology Limited (WRTL) (Formally known as Sangam Renewables Limited) is a pioneer company to look after if one is going for CAPEX model. The company was incorporated on 22nd of June, 1999 as a private company limited by shares. It was converted into a public company on November 18, 2011. It has its registered office in Mumbai and its energy generation site is located in state of Maharashtra.

Business area of the company

The company is engaged in the business of generation of power through renewable energy sources and also providing consultancy service in this regard.

Solution & Service

  • Capex
  • RESCO / OPEX
  • Rooftop
  • Floating Solar
  • Ground Mount
  • Operations & Maintenance
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