Waaree Energies

Why is Waaree Energies Ltd falling/rising?

As of 23-Jun, Waaree Energies Ltd's stock price is declining, currently at 3,033.65, with a total drop of 3% over the past two days. The stock is underperforming against the Sensex and is trading below all major moving averages, indicating a bearish trend.

As of 23-Jun, Waaree Energies Ltd's stock price is falling, currently at 3,033.65, reflecting a decrease of 28.05 (-0.92%). The stock has been experiencing a consecutive decline over the past two days, resulting in a total drop of 3% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the context of market performance, the stock has underperformed compared to the benchmark Sensex over the past week, with a decline of 1.00% against the Sensex's 0.79%. Although the stock has shown some positive performance over longer periods, such as a 2.34% increase year-to-date and a 3.63% rise over the past year, the recent short-term trends are concerning.<BR><BR>The renewable energy sector, in which Waaree operates, has also seen a decline of 2%, contributing to the stock's downward movement. Despite a rise in investor participation, with delivery volume increasing by 53.62% on June 22, the overall market sentiment appears to be negative, impacting the stock's price. <BR><BR>In summary, the combination of recent consecutive losses, underperformance relative to benchmarks, and sector-wide declines are the primary factors contributing to the falling stock price of Waaree Energies Ltd.

Which are the latest news on Waaree Energies?

What does Waaree Energies do?

Waaree Energies Ltd is a mid-cap company in the Other Electrical Equipment industry, primarily focused on solar energy solutions. As of March 2026, it reported net sales of ₹8,480 Cr and a net profit of ₹1,061 Cr, with a market cap of ₹87,744 Cr.

Overview:<BR>Waaree Energies Ltd is a company operating in the Other Electrical Equipment industry and is categorized as a Mid Cap firm.<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 in December 2007. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 8,480 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 1,061 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 87,744 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 22.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.07% <BR>Debt-Equity: -0.29 <BR>Return on Equity: 27.24% <BR>Price-to-Book: 6.05 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Waaree Energies?

As of 10th June, Waaree Energies Ltd has a market capitalization of 87,744.00 Cr, with recent net sales of 26,536.77 Cr and a net profit of 3,711.31 Cr.

As of 10th June, Waaree Energies Ltd has a market capitalization of 87,744.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Waaree Energies reported Net Sales of 26,536.77 Cr and a Net Profit of 3,711.31 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 9,479.20 Cr and Total Assets valued at 19,701.35 Cr.

Who are the peers of the Waaree Energies?

Waaree Energies' peers include Apar Inds., Premier Energies, Avalon Tech, Diamond Power, Genus Power, Vikram Solar, and Websol Energy. Apar Inds. leads in 1-year returns at 81.04%, while Waaree Energies has a return of 3.50%.

Peers: The peers of Waaree Energies are Apar Inds., Premier Energies, Avalon Tech, Diamond Power, Genus Power, Vikram Solar, and Websol Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Apar Inds., while Good management risk is found at Waaree Energies and Premier Energies, and Average management risk is present at Avalon Tech, Genus Power, Vikram Solar, and Websol Energy. Growth is Excellent for Waaree Energies, Apar Inds., Premier Energies, Genus Power, Vikram Solar, and Websol Energy, while Avalon Tech shows Below Average growth and Diamond Power has Below Average growth as well. In terms of Capital Structure, Excellent is seen at Waaree Energies, Good at Apar Inds., Premier Energies, Genus Power, Vikram Solar, and Websol Energy, and Below Average at Diamond Power.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Apar Inds. at 81.04%, while the lowest is Genus Power at -23.28%. Waaree Energies has a 1-year return of 3.50%, which is higher than Genus Power but significantly lower than Apar Inds. Additionally, Genus Power, Vikram Solar, and Websol Energy have negative six-month returns.

Should I buy, sell or hold Waaree Energies Ltd?

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.

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.

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.

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 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