Waaree Tech.

Who are the top shareholders of the Waaree Tech.?

The top shareholders of Waaree Tech include Kirit Chimanlal Doshi with 16.62%, and the highest public shareholder is Chodvadiya Jignesh Vinubhai at 5.24%. Individual investors collectively own 31.87%, with no mutual funds or foreign institutional investors currently holding shares.

The top shareholders of Waaree Tech include the promoters, who hold the majority of the shares. The promoter with the highest holding is Kirit Chimanlal Doshi, owning 16.62% of the company. Additionally, the highest public shareholder is Chodvadiya Jignesh Vinubhai, who holds 5.24%. Individual investors collectively own 31.87% of the shares. There are currently no mutual funds or foreign institutional investors holding shares in the company.

Has Waaree Tech. declared dividend?

No Dividend History Available

Is Waaree Tech. overvalued or undervalued?

As of August 19, 2022, Waaree Tech. is rated as risky and overvalued, with poor financial ratios indicating distress, particularly a PE ratio of -57.40 and a year-to-date decline of 41.18%, contrasting sharply with more stable peers like Finolex Industries and Time Technoplast.

As of 19 August 2022, the valuation grade for Waaree Tech. has moved from does not qualify to risky, indicating a significant shift in its financial standing. The company is currently assessed as overvalued. Key ratios reveal a PE ratio of -57.40, an EV to EBITDA of -61.78, and a ROE of -151.05%, all of which suggest severe financial distress and inefficiency in generating returns for shareholders.<BR><BR>In comparison to its peers, Waaree Tech. stands out negatively against companies like Finolex Industries, which has a PE ratio of 28.37 and an EV to EBITDA of 24.37, indicating a more favorable valuation. Additionally, Time Technoplast, rated fair, shows a PE of 24.01 and an EV to EBITDA of 12.57, further highlighting the disparity. Despite a recent positive stock performance compared to the Sensex over the past week and month, the overall trend indicates that Waaree Tech. is struggling significantly, particularly with a year-to-date decline of 41.18% against the Sensex's 5.61%.

What is the technical trend for Waaree Tech.?

As of May 14, 2025, Waaree Tech's technical trend is mildly bearish, influenced by bearish daily moving averages and mixed signals from MACD and Bollinger Bands, despite some bullish indicators on the weekly and monthly charts.

As of 14 May 2025, the technical trend for Waaree Tech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish on both weekly and monthly time frames. Daily moving averages are bearish, and the KST is mildly bullish weekly but mildly bearish monthly. Dow Theory suggests a mildly bearish trend on the weekly and no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish daily moving averages and mixed signals from MACD and Bollinger Bands.

Who are the peers of the Waaree Tech.?

Waaree Tech.'s peers include Guj Inds. Power, Ujaas Energy, and Indowind Energy, among others. Ujaas Energy leads in 1-year returns at 115.87%, while Waaree Tech. has the lowest return at -74.94%.

Peers: The peers of Waaree Tech. are Guj Inds. Power, Ujaas Energy, Orient Green, Indowind Energy, Surana Telecom, Globus Power, India Power Corp, Vilas Transcore, Shubhshree Bio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Shubhshree Bio., while Average management risk is found at Guj Inds. Power and India Power Corp, and the rest have Below Average management risk. Growth is Excellent at Shubhshree Bio., Average at Indowind Energy, and the rest have Below Average growth. Capital Structure is Excellent at Guj Inds. Power and Vilas Transcore, Average at Surana Telecom, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Ujaas Energy has the highest 1-year return at 115.87%, while Waaree Tech. has the lowest at -74.94%. Waaree Tech.'s return is significantly lower than all peers. Additionally, the six-month return is negative for Indowind Energy, Surana Telecom, Globus Power, and Waaree Tech.

Who are in the management team of Waaree Tech.?

As of March 2022, the management team of Waaree Tech includes Kirit Chimanlal Doshi (Chairman/Executive Director), Rushabh Pankaj Doshi (Executive Director & CFO), and four Independent Non-Executive Directors: R M Malla, Ruchi Sethi, Jayesh Dhirajlal Shah, and Vivek Srivastava. This team provides governance and strategic direction for the company.

As of March 2022, the management team of Waaree Tech includes the following individuals:<BR><BR>1. Kirit Chimanlal Doshi - Chairman / Executive Director<BR>2. R M Malla - Independent Non-Executive Director<BR>3. Ruchi Sethi - Independent Non-Executive Director<BR>4. Rushabh Pankaj Doshi - Executive Director & CFO<BR>5. Jayesh Dhirajlal Shah - Independent Non-Executive Director<BR>6. Vivek Srivastava - Independent Non-Executive Director<BR><BR>This team comprises a mix of executive and independent non-executive directors, contributing to the governance and strategic direction of the company.

What does Waaree Tech. do?

Waaree Technologies Ltd is a micro-cap company in the power industry, originally established in 1993 and converted to a Public Limited Company in 2013. As of March 2016, it reported net sales of 15 Cr and a net profit of 1 Cr, with a market cap of INR 335 Cr.

Overview:<BR>Waaree Technologies Ltd operates in the power industry and is classified as a micro-cap company.<BR><BR>History:<BR>The company was originally formed in 1993 as a partnership firm in Maharashtra and was later converted into a Public Limited Company in 2013, changing its name to H K Trade International Limited. The latest quarterly results reported net sales and profit for March 2016.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 15 Cr (Quarterly Results - Mar 2016) <BR>Most recent Net Profit: 1 Cr (Quarterly Results - Mar 2016) <BR>Market-cap value: INR 335 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 40 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 3.65 <BR>Return on Equity: -151.05% <BR>Price-to-Book: 85.36<BR><BR>Contact Details:<BR>Address: 602 Western Edge I, W E Highway Borivali East Mumbai Maharashtra : 400066 <BR>Email: info@hktrade.in/knowellmahesh@gmail <BR>Website: https://waareertl.com/

How big is Waaree Tech.?

As of 24th July, Waaree Technologies Ltd has a market capitalization of 373.00 Cr, classified as a Micro Cap, with recent Net Sales of 2.32 Cr and a Net Profit of 0.06 Cr. Shareholder's Funds and Total Assets data are unavailable.

As of 24th July, Waaree Technologies Ltd has a market capitalization of 373.00 Cr, classified as a Micro Cap.<BR><BR>In the latest two quarters, the company reported Net Sales of 2.32 Cr and a Net Profit of 0.06 Cr. This indicates a modest performance in terms of sales and a minimal profit.<BR><BR>The reporting period for the balance sheet data is not provided, and therefore, Shareholder's Funds and Total Assets cannot be stated.

How has been the historical performance of Waaree Tech.?

Waaree Tech's historical performance has shown a significant decline, with net sales dropping from 29.40 Cr in March 2023 to 10.24 Cr by March 2025, resulting in negative operating profit and profit after tax. Total assets also decreased from 32.48 Cr to 14.78 Cr during the same period, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Waaree Tech shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Waaree Tech's net sales peaked at 29.40 Cr in March 2023 but saw a decline to 10.24 Cr by March 2025. The total operating income followed a similar trend, decreasing from 29.40 Cr in March 2023 to 10.24 Cr in March 2025. The company's total expenditure, excluding depreciation, was 15.71 Cr in March 2025, down from 36.39 Cr in March 2024. This resulted in an operating profit (PBDIT) of -5.25 Cr in March 2025, reflecting a worsening trend from -0.75 Cr in March 2023. The profit before tax also deteriorated, reaching -7.53 Cr in March 2025 compared to -1.48 Cr in March 2023. Consequently, the profit after tax was -5.65 Cr in March 2025, a decline from -1.09 Cr in March 2023. The company's total assets decreased from 32.48 Cr in March 2023 to 14.78 Cr in March 2025, while total liabilities remained high at 17.66 Cr in March 2025. Cash flow from operating activities was negative at -1.00 Cr in March 2025, reflecting ongoing financial challenges. Overall, Waaree Tech's financial performance has shown a downward trend, particularly in sales and profitability metrics over the past few years.

When is the next results date for Waaree Technologies Ltd?

The next results date for Waaree Technologies Ltd is 29 May 2026.

The next results date for Waaree Technologies Ltd is scheduled for 29 May 2026.

Why is Waaree Technologies Ltd falling/rising?

As of 02-Jun, Waaree Technologies Ltd's stock price is rising to Rs 271.00, following a trend reversal after two days of decline and outperforming its sector by 0.45%. Despite a decrease in investor participation, the stock has shown strong year-to-date performance with a gain of 21.99%.

As of 02-Jun, Waaree Technologies Ltd's stock price is rising, currently at Rs 271.00, reflecting an increase of Rs 5.5 or 2.07%. This upward movement follows a trend reversal, as the stock has gained after two consecutive days of decline. Additionally, the stock has outperformed its sector by 0.45% today, indicating a relative strength compared to its peers.<BR><BR>The stock reached an intraday high of Rs 273.85, which is a 3.15% increase, although it also experienced a low of Rs 256.6, showing some volatility throughout the day. Despite this fluctuation, the overall trend appears positive, especially considering that the stock has performed well year-to-date, with a gain of 21.99%, while the benchmark Sensex has declined by 12.40% during the same period.<BR><BR>However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 24.47% against the 5-day average. This decline in trading volume could indicate a cautious sentiment among investors, despite the current rise in stock price. Overall, the combination of a recent trend reversal and strong year-to-date performance contributes to the current rise in Waaree Technologies Ltd's stock price.

Which are the latest news on Waaree Tech.?