Check Before You Invest : Waaree Renewable Technologies Ltd

Snapshot

Q.1 Which industry/sub-sector does Waaree Renewable Technologies Ltd belong to?

Waaree Renewable Technologies Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Engineering - Construction segment.

Q.2 Is Waaree Renewable Technologies Ltd a good quality company?

Waaree Renewable Technologies Ltd is a average quality company, based on a somewhat consistent 10-year financial track record.

Q.3 Is Waaree Renewable Technologies Ltd undervalued or overvalued?

Waaree Renewable Technologies Ltd appears Fair, as its key valuation ratios are in line with their past averages.

Q.4 Is Waaree Renewable Technologies Ltd a good buy now?

Waaree Renewable Technologies Ltd is a good buy now, based on strong price trend analysis suggesting prices may rise. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd revenue growth is 82.3% for FY-2025, which is below its 5-year CAGR of 281.38%, indicating slower growth.

Q.2 Return on capital employed (ROCE) of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Return on capital employed is 81.83% for FY-2025, which is in line with its 5-year historical median of 81.83%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 13.5%, indicating value creation.

Q.3 Return on Asset of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Return on Asset is 24.99%, which is in line with its 5-year historical median of 24.99%, indicating stable asset utilization efficiency.

Q.4 Return on Equity (ROE) of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Return on equity is 65.47% for FY-2025, which is in line with its 5-year historical median of 65.47%, indicating the business is making similar use of its shareholders capital.

Q.5 Cash conversion cycle of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Cash conversion cycle is 28 days, above its 5-year historical median of -16 days, indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover	1.74	1.74
ROE	65.47	65.47
ROCE	81.83	81.83
Cash Conversion Cycle	28 days	-16 days

Q.6 Gross Profit margin of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Gross profit margin which is the profit after deduction of direct costs, is 19.5% for FY-2025, which is below its 5-year median of 23.4%, indicating decreasing margins.

Q.7 Operating Profit Margin of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 19.47% for FY-2025, which is below its 5-year median of 22.24% indicating decreasing margins.

Q.8 Net Profit Margin of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Net Profit Margin is 14.37% for FY-2025, is below with its 5-year median of 16.6%, indicating decreasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin	19.5	23.4
Operating Profit Margin	19.47	22.24
Net Profit Margin	14.37	16.6

Q.9 Debt to Equity ratio of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Debt-to-Equity ratio is 0.06, which is lower with the industry average of 0.39, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd Debt to cash flow from operations is 0.09, which is at a healthy level.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Waaree Renewable Technologies Ltd?

Promoters hold 74.32% of the Waaree Renewable Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Waaree Renewable Technologies Ltd vs industry peers?

Waaree Renewable Technologies Ltd revenue CAGR is 281.38%, compared to the industry median CAGR of 9.45%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth	82.3	9.5
Gross Profit Growth	51.7	14.9
Operating Profit Growth	50.2	11.1
Net Profit Growth	57.9	18.3

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover	1.74	0.68
ROE	65.47	8.34
ROCE	81.83	11.34
Cash Conversion Cycle (days)	27.58	57

Valuation & price assessment

Q.1 Stock return of Waaree Renewable Technologies Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 78% based on the current price.

Q.2 What return has the stock given over the last decade?

	9Y	5Y	3Y	1Y
Share Price CAGR	78%	140.6%	75.4%	5.6%

Q.3 Valuation ratios of Waaree Renewable Technologies Ltd vs historical?

The current P/E is lower that its historical median.

Q.4 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	22.03	44.41	21.62
Price to Book	11.32	18.82	1.75
Price to Sales	3.19	7.19	1.50
EV to EBITDA	15.56	31.54	11.53

Check more companies

1. IRB Infra.&Developer

2. Kalpataru Projects

3. KEC International

4. Techno Electric &Eng

5. Ircon International

10. NCC

Check trending companies

1. Amara Raja Energy & Mobility Ltd.

2. Vishal Mega Mart Ltd.

3. Acme Solar Holdings Ltd.

4. Nava Ltd.

5. SJVN Ltd.