Waaree Tech.

Which are the latest news on Waaree Tech.?

Why is Waaree Technologies Ltd falling/rising?

As of 05-Sep, Waaree Technologies Ltd's stock price is at Rs 212.40, reflecting a 1.14% increase today and a total rise of 2.78% over the last two days. However, the stock has seen significant declines over the past year and three years, and decreased investor participation suggests concerns about its long-term performance.

As of 05-Sep, Waaree Technologies Ltd's stock price is rising, currently at Rs 212.40, reflecting a change of 2.4 (1.14%) upward. The stock has shown a positive performance today, outperforming its sector by 1.21%. Additionally, it has been gaining for the last two days, with a total increase of 2.78% during this period. The stock reached an intraday high of Rs 215.25, marking a 2.5% increase at that point.<BR><BR>Despite this recent upward movement, it is important to note that the stock has experienced declines over longer periods, such as a 25.73% drop over the past year and a 39.44% decline over the last three years. However, the current rise can be attributed to short-term gains and recent performance, as it is currently above its 5-day moving averages, although it remains below its longer-term moving averages (20-day, 50-day, 100-day, and 200-day).<BR><BR>Investor participation has decreased, with delivery volume falling by 46.28% against the 5-day average, which may indicate a lack of strong buying interest. Nonetheless, the stock's liquidity remains adequate for trading, suggesting that while the stock is currently rising, there are underlying concerns regarding its longer-term performance and investor engagement.

Who are in the management team of Waaree Tech.?

The management team of Waaree Tech includes Kirit Chimanlal Doshi (Chairman/Executive Director), Rushabh Pankaj Doshi (Executive Director & CFO), and several Independent Non-Executive Directors: R M Malla, Ruchi Sethi, Jayesh Dhirajlal Shah, and Vivek Srivastava. They oversee the company's strategic direction and operations.

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 is responsible for guiding the company's strategic direction and overseeing its operations.

What does Waaree Tech. do?

Waaree Technologies Ltd is a micro-cap company in the power industry, originally established in 1993 and rebranded in 2019. As of March 2016, it reported net sales of 2 Cr and a market cap of INR 232 Cr.

Overview:<BR>Waaree Technologies Ltd operates in the power industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally formed in Maharashtra in 1993 as a partnership firm under the name M/s. H.K. International. It was converted into a Public Limited Company in 2013, changing its name to H K Trade International Limited, and further rebranded to Waaree Technologies Limited in January 2019. The latest quarterly results reported net sales and net profit for March 2016.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2 Cr (Quarterly Results - Mar 2016) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2016) <BR>Market-cap value: INR 232 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -3.10 <BR>Return on Equity: 68.64% <BR>Price to Book: -37.75<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/

Who are the peers of the Waaree Tech.?

Waaree Tech.'s peers include Orient Green, Kotyark Indust., Surana Telecom, Indowind Energy, Globus Power, India Power Corp, Shubhshree Bio., and Vilas Transcore. In terms of performance, Waaree Tech. has a 1-year return of -25.59%, better than Indowind Energy's -44.54% but worse than Globus Power's -7.93%.

Peers: The peers of Waaree Tech. are Orient Green, Kotyark Indust., Surana Telecom, Indowind Energy, Globus Power, India Power Corp, Shubhshree Bio., and Vilas Transcore.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kotyark Indust. and Shubhshree Bio., while Average management risk is found at India Power Corp and Vilas Transcore. Below Average management risk is noted at Orient Green, Waaree Tech., Surana Telecom, Indowind Energy, and Globus Power. For Growth, Excellent growth is seen at Kotyark Indust. and Shubhshree Bio., Average growth is present at Indowind Energy, while Below Average growth is noted at Orient Green, Waaree Tech., Surana Telecom, Globus Power, and India Power Corp. In terms of Capital Structure, Excellent capital structure is found at Shubhshree Bio. and Vilas Transcore, Good capital structure is observed at Kotyark Indust., and Below Average capital structure is noted at Orient Green, Waaree Tech., Surana Telecom, Globus Power, and India Power Corp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Globus Power at -7.93%, while the peer with the lowest 1-year return is Indowind Energy at -44.54%. Waaree Tech.'s own 1-year return is -25.59%, which is better than Indowind Energy but worse than Globus Power. Additionally, Indowind Energy has a negative six-month return of 44.54%.

How big is Waaree Tech.?

As of 31st August, Waaree Technologies Ltd has a market capitalization of 232.00 Cr and reported Net Sales of 2.32 Cr and a Net Profit of 0.06 Cr for the latest two quarters. As of March 2025, Shareholder's Funds show a loss of 1.91 Cr against Total Assets of 14.78 Cr.

As of 31st August, Waaree Technologies Ltd has a market capitalization of 232.00 Cr, categorized 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 reflects the financial performance for the periods ending March 2016 and March 2015.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds stand at a loss of 1.91 Cr, while Total Assets are valued at 14.78 Cr.

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.

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.

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 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