Waaree Energies

Is Waaree Energies overvalued or undervalued?

As of December 1, 2024, Waaree Energies is considered "very expensive" and overvalued due to high valuation metrics, including a PE ratio of 45.62, an EV to EBITDA ratio of 32.51, and an EV to Sales ratio of 6.10, making it less favorable compared to its peers despite recent stock performance.

As of 1 December 2024, Waaree Energies has moved from a grade of "does not qualify" to "very expensive." The company is currently overvalued based on its high valuation metrics, including a PE ratio of 45.62, an EV to EBITDA ratio of 32.51, and an EV to Sales ratio of 6.10. These figures suggest that the stock is trading at a significant premium compared to its earnings and sales.<BR><BR>In comparison to its peers, Waaree Energies has a higher PE ratio than both Suzlon Energy Ltd. at 43.7 and Premier Energies at 50.76, indicating that investors are paying more for each unit of earnings. Additionally, the company's EV to EBITDA ratio of 32.51 is also elevated compared to the industry average. Despite a recent uptick in stock performance over the past month, with an 8.15% return compared to the Sensex's 3.80%, the overall valuation suggests that Waaree Energies is not a favorable investment at this time.

Who are the top shareholders of the Waaree Energies?

The top shareholders of Waaree Energies include Waaree Sustainable Finance Private Limited with 18.37%, followed by individual shareholder Kalpraj Damji Dharamshi at 2.32%. Individual investors own 24.06%, while mutual funds and foreign institutional investors hold 1.07% and 0.7%, respectively.

The top shareholders of Waaree Energies include several key players. The majority of the shares are held by promoters, with Waaree Sustainable Finance Private Limited being the largest individual promoter, holding 18.37%. <BR><BR>In terms of public shareholders, the highest individual shareholder is Kalpraj Damji Dharamshi, who holds 2.32%. Additionally, individual investors collectively own 24.06% of the company. <BR><BR>Mutual funds and foreign institutional investors (FIIs) have smaller stakes, with mutual funds holding 1.07% across 21 schemes and FIIs holding 0.7% across 43 entities. There are no pledged promoter holdings reported.

Has Waaree Energies declared dividend?

No Dividend History Available

Who are the peers of the Waaree Energies?

Waaree Energies' peers include Premier Energies, Apar Inds., Genus Power, and others, with varying management risks and growth rates. Marsons leads in 1-year returns at 177.14%, while Bharat Bijlee has the lowest at -36.45%.

Peers: The peers of Waaree Energies are Premier Energies, Apar Inds., Genus Power, Shilchar Tech, Websol Energy, Diamond Power, Avalon Tech, HPL Electric, Marsons, and Bharat Bijlee.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies and Apar Inds., and Average management risk is present at Genus Power, Shilchar Tech, Websol Energy, Avalon Tech, HPL Electric, Marsons, and Bharat Bijlee. Growth is Excellent for Premier Energies, Waaree Energies, Apar Inds., and Shilchar Tech, while Average growth is found at Genus Power and Bharat Bijlee, and Below Average growth is observed at Avalon Tech and HPL Electric. Capital Structure is Excellent at Premier Energies and Waaree Energies, Good at Apar Inds., Genus Power, Avalon Tech, and HPL Electric, while Below Average is noted for Diamond Power and HPL Electric.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Marsons at 177.14%, while the lowest is Bharat Bijlee at -36.45%. Waaree Energies does not have a 1-year return available for comparison. Additionally, Diamond Power, HPL Electric, and Bharat Bijlee have negative six-month returns.

What does Waaree Energies do?

Waaree Energies Ltd is a large-cap company in the Other Electrical Equipment industry, primarily focused on solar energy solutions. As of March 2025, it reported net sales of ₹40,039 Cr and a net profit of ₹6,189 Cr, with a market cap of ₹94,230 Cr.

Overview:<BR>Waaree Energies Ltd operates in the Other Electrical Equipment industry and is classified as a Large Cap company.<BR><BR>History:<BR>Waaree Energies Limited was originally incorporated as Anmol Fluid Connectors Private Limited in 1990. The company underwent several name changes, becoming Waaree Solar Private Limited in 2007 and later Waaree Energies Private Limited. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 40,039 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 6,189 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 94,230 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 53.00 <BR>Industry P/E: 61 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.83 <BR>Return on Equity: 43.41% <BR>Price to Book: 22.55 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Waaree Energies?

As of 24th July, Waaree Energies Ltd has a market capitalization of 91,900.00 Cr and reported net sales of 14,444.50 Cr and net profit of 1,867.39 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Waaree Energies Ltd has a market capitalization of 91,900.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 14,444.50 Cr, while the sum of Net Profit for the same period is 1,867.39 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 4,087.81 Cr, and Total Assets amount to 11,230.52 Cr.

How has been the historical performance of Waaree Energies?

Waaree Energies has experienced substantial growth from March 2022 to March 2025, with net sales increasing from ₹2,854.27 crore to ₹14,444.50 crore and profit after tax rising from ₹79.65 crore to ₹1,928.13 crore, reflecting significant improvements in profitability and operating metrics. Total assets also expanded dramatically during this period, indicating strong overall financial performance.

Answer:<BR>The historical performance of Waaree Energies shows significant growth over the years, particularly from March 2022 to March 2025.<BR><BR>Breakdown:<BR>Waaree Energies has demonstrated remarkable growth in net sales, increasing from 2,854.27 crore in March 2022 to 14,444.50 crore in March 2025. Total operating income followed a similar trend, rising from 2,854.27 crore to 14,444.50 crore during the same period. The company's total expenditure, excluding depreciation, also grew significantly, from 2,743.32 crore in March 2022 to 11,722.86 crore in March 2025. Operating profit (PBDIT) surged from 110.95 crore in March 2022 to 3,123.20 crore in March 2025, reflecting an operating profit margin increase from 3.89% to 18.84%. Profit before tax rose from 118.37 crore to 2,564.64 crore, while profit after tax increased from 79.65 crore to 1,928.13 crore, resulting in a PAT margin improvement from 2.79% to 13.35%. The company's total assets expanded from 2,153.55 crore in March 2022 to 19,701.35 crore in March 2025, with total liabilities also increasing from 2,153.55 crore to 19,701.35 crore. Cash flow from operating activities improved significantly, reaching 3,158 crore in March 2025 compared to 697 crore in March 2022, while net cash inflow turned positive at 388 crore in March 2025, up from a negative 132 crore in March 2024. Overall, Waaree Energies has shown a strong upward trajectory in both revenue and profitability metrics over the past few years.

Is Waaree Energies technically bullish or bearish?

As of December 4, 2025, Waaree Energies is in a sideways market condition with mixed technical signals, including a mildly bearish weekly MACD and bearish indicators from Bollinger Bands and KST, while daily moving averages show a mildly bullish trend.

As of 4 December 2025, the technical trend for Waaree Energies has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is mildly bearish, while the daily moving averages indicate a mildly bullish trend. The RSI shows no signal on both weekly and monthly time frames, suggesting indecision. Additionally, the Bollinger Bands and KST on a weekly basis are bearish, and Dow Theory also indicates a mildly bearish stance. Overall, the lack of strong bullish or bearish signals suggests a sideways market condition for Waaree Energies.

When is the next results date for Waaree Energies Ltd?

The next results date for Waaree Energies Ltd is April 29, 2026.

The next results date for Waaree Energies Ltd is scheduled for April 29, 2026.

Are Waaree Energies Ltd latest results good or bad?

Waaree Energies Ltd's latest results show strong revenue growth of 111.80% year-on-year, but net profit stagnated and operating margins contracted significantly, leading to a negative market reaction. Overall, the results indicate more concerns than positives, particularly regarding profitability and cost management.

Waaree Energies Ltd's latest results present a mixed picture. On one hand, the company achieved impressive net sales of ₹8,480.25 crores in Q4 FY26, reflecting a remarkable year-on-year growth of 111.80% and a sequential increase of 12.10%. This strong revenue performance underscores the company's leadership in the solar panel manufacturing sector and robust demand for its products.<BR><BR>However, the profitability metrics tell a different story. The net profit for the quarter was ₹1,061.10 crores, which is virtually flat compared to the previous quarter's ₹1,062.46 crores, marking a slight decline of 0.13% quarter-on-quarter. This stagnation in profit growth is concerning, especially given the substantial revenue increase. Additionally, the operating margin significantly contracted to 18.59% from 25.49% in the previous quarter, indicating margin pressure due to rising input costs and competitive pricing challenges.<BR><BR>The market's reaction to these results was negative, with the stock experiencing a decline of over 10% following the announcement. Investors are likely disappointed by the inability to translate strong revenue growth into corresponding profit growth, raising concerns about the company's pricing power and cost management.<BR><BR>In summary, while Waaree Energies demonstrated strong revenue growth, the stagnation in net profit and significant margin compression suggest that the latest results are more concerning than positive. Investors will need to monitor the company's ability to stabilize margins and improve profitability in the coming quarters.

Should I buy, sell or hold Waaree Energies Ltd?

Why is Waaree Energies Ltd falling/rising?

As of 05-May, Waaree Energies Ltd's stock price is rising due to strong fundamentals, including a high Return on Equity and significant growth in net sales, alongside increased institutional investor participation. Despite a recent drop in delivery volume, the stock has outperformed the market significantly over the past year.

As of 05-May, Waaree Energies Ltd's stock price is rising, currently at 3,183.00, reflecting an increase of 43.45 (1.38%). This upward movement can be attributed to several factors. Firstly, the stock has been gaining for the last two days, with a total return of 2.05% during this period. Additionally, it has outperformed its sector by 1.1% today, indicating strong relative performance.<BR><BR>The company has demonstrated robust long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 23.49% and impressive growth in net sales at an annual rate of 74.60%. Furthermore, the company has been net-debt free and has reported positive results for the last six consecutive quarters, including a record net sales figure of Rs 8,480.25 crore and a significant growth in profit after tax (PAT) of 21.5% compared to the previous four-quarter average.<BR><BR>Moreover, there has been an increase in participation from institutional investors, who have raised their stake by 1.6% over the previous quarter, now holding 11.37% of the company. This suggests a growing confidence in the company's fundamentals among more sophisticated investors.<BR><BR>Despite a recent decline in delivery volume, which fell by 53.2% against the five-day average, the overall market-beating performance of the stock, with a 17.64% return over the past year compared to the market's 2.27%, contributes positively to its rising price. Thus, the combination of strong fundamentals, institutional interest, and recent positive performance metrics supports the current rise in Waaree Energies Ltd's stock price.

Which are the latest news on Waaree Energies?