Waaree Tech.

Why is Waaree Technologies Ltd falling/rising?

As of 23-Jun, Waaree Technologies Ltd's stock price is at 259.90, down 1.63%, and has underperformed recently with a 3.15% loss over three days. The stock shows short-term weakness, trading below several moving averages, and investor participation is declining.

As of 23-Jun, Waaree Technologies Ltd's stock price is falling, currently at 259.90, which reflects a decrease of 4.3 or 1.63%. The stock has been underperforming, having lost 3.15% over the last three days, and it has touched an intraday low of Rs 255, marking a decline of 3.48%. Additionally, the stock has shown a negative performance today, underperforming its sector by 0.82%. <BR><BR>Investor participation appears to be declining, as evidenced by a 9.46% drop in delivery volume compared to the 5-day average. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, indicating a short-term weakness. Overall, these factors contribute to the current downward trend in Waaree Technologies Ltd's stock price.

Which are the latest news on Waaree Tech.?

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 2 Cr and a market cap of INR 272 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 later to Waaree Technologies Limited in January 2019. The most recent 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 272 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -3.10 <BR>Return on Equity: 68.64% <BR>Price-to-Book: -44.38 <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 10th June, Waaree Technologies Ltd has a market capitalization of 272.00 Cr, with recent net sales of 2.32 Cr and a net profit of 0.06 Cr. The company's shareholder's funds show a loss of 1.91 Cr against total assets of 14.78 Cr.

As of 10th June, Waaree Technologies Ltd has a market capitalization of 272.00 Cr, categorizing it as a Micro Cap company.<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 latest annual period for the balance sheet is March 2025, where Shareholder's Funds stand at a loss of 1.91 Cr and Total Assets are valued at 14.78 Cr.

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.

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>If you need more information about their roles or contributions, feel free to ask!

Who are the peers of the Waaree Tech.?

Waaree Tech.'s peers include Orient Green, Kotyark Indust., Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., India Power Corp, Shubhshree Bio., and Vilas Transcore. In terms of management risk, growth, and capital structure, Waaree Tech. shows below average performance compared to its peers.

Peers: The peers of Waaree Tech. are Orient Green, Kotyark Indust., Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., 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 for Orient Green, Waaree Tech., Surana Telecom, Indowind Energy, Globus Power, and Energy Devl.Co. In terms of growth, Excellent growth is seen at Shubhshree Bio., Good growth at Indowind Energy, Average growth at Kotyark Indust., while Below Average growth is present in Orient Green, Waaree Tech., Surana Telecom, Globus Power, Energy Devl.Co., and India Power Corp. For capital structure, Excellent capital structure is noted at Shubhshree Bio. and Vilas Transcore, while Below Average capital structure is observed in Orient Green, Kotyark Indust., Waaree Tech., Surana Telecom, Indowind Energy, Globus Power, and Energy Devl.Co.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indowind Energy at -59.41%, while the lowest is Orient Green at -28.29%, with Waaree Tech. having a 1-year return of -16.53%, which is better than both. Additionally, the six-month return is negative for Indowind Energy, Globus Power, Energy Devl.Co., and Surana Telecom.

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