What does Waaree Renewab. do?

Jun 06 2025 04:32 PM IST
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Waaree Renewables Technologies Ltd is a mid-cap company in the power industry, specializing in renewable energy. As of March 2025, it reported net sales of ₹477 Cr and a net profit of ₹94 Cr, with a market cap of ₹10,843 Cr.
Overview:
Waaree Renewables Technologies Ltd operates in the power industry and is categorized as a mid-cap company.

History:
The company was originally incorporated in 1999 as Sangam Renewables Limited and was converted into a public company on November 18, 2011. It changed its name to Waaree Renewables Technologies Ltd on July 19, 2021. The latest quarterly results report net sales and profit for March 2025.

Financial Snapshot:
Net Sales: 477 Cr (Quarterly Results - Mar 2025)
Net Profit: 94 Cr (Quarterly Results - Mar 2025)
Market Cap: Rs 10,843 Cr (Mid Cap)

Key Metrics:
P/E: 47.00
Industry P/E: 68
Dividend Yield: 0.19%
Debt-Equity: -0.48
Return on Equity: 51.00%
Price to Book: 24.15

Contact Details:
Address: 504-B Western Edge-1, Off W/E Highway Borivali (E) Mumbai Maharashtra : 400066
Tel: 91-22-43331500
Email: info@sangamrenew.com
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