What is Waaree Renewable Technologies Ltd (WAAREERTL) share price return in the past 10 years?

Waaree Renewable Technologies Ltd share price has appreciated 75.7% annually (CAGR) over the past ten years.

What is the share price of Waaree Renewable Technologies Ltd (WAAREERTL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Waaree Renewable Technologies Ltd (WAAREERTL) on 04-Jun-2026 16:59:59 at 16:59 is 974.60.

What is the P/E ratio of Waaree Renewable Technologies?

The latest standalone P/E ratio of Waaree Renewable Technologies as of 04-Jun-2026 is 21.07.

What is the P/B ratio of Waaree Renewable Technologies Ltd (WAAREERTL)?

The latest standalone P/B ratio of Waaree Renewable Technologies Ltd (WAAREERTL) as of 04-Jun-2026 is 10.82.

What is the 52-week high and low of Waaree Renewable Technologies Ltd (WAAREERTL)?

The 52-week high of Waaree Renewable Technologies Ltd (WAAREERTL) is Rs. 1358.50 and the 52-week low is Rs. 780.00.

Waaree Renewable Technologies Ltd (WAAREERTL) Share Analysis – Order Book, Quality & Valuation Zone & DeciZen Rating

Name: Waaree Renewable Technologies Ltd (WAAREERTL)
Brand: Waaree Renewable Technologies

Waaree Renewable Technologies Ltd (WAAREERTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534618 NSE: WAAREERTL Engineering - Construction | Small Cap | Waaree Renewables Share Price

Waaree Renewable Technologies Ltd (WAAREERTL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 534618 NSE: WAAREERTL Engineering - Construction | Small Cap | Waaree Renewables Share Price

Key Metrics

Valuation Multiples

Market Cap

₹10,170 Cr.

Current Price

₹974.6

52-Week Low / High

₹780 / 1,359

TTM EPS

₹46.3

TTM Sales

₹3,331 Cr.

Book Value per Share

₹90

P/E Ratio

21.07

Lower than its 5-year historical median

Industry PE

29.9

Price to Book (P/B)

10.82

Lower than its 5-year historical median

Price to Sales (P/S)

3.05

Lower than its 5-year historical median

EV/EBITDA

14.87

Lower than its 5-year historical median

Dividend Yield

0.11%

Profitability Efficiency

Return on Equity (ROE)

65.47%

Return on Capital Employed (ROCE)

81.83%

Return on Assets (ROA)

24.99%

Operating Profit Margin

19.5%

Net Profit Margin

14.37%

Gross Profit Margin

19.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

82.32%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

50.31%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

57.75%

Asset Quality

Promoter Holding

74.32%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹919 Cr.

Equity

₹20.9 Cr.

Face Value

₹2

All Time Low / High

₹1.48 / 3037.75

Waaree Renewable Technologies stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Waaree Renewable Technologies Ltd a good quality company?

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

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Waaree Renewable Technologies Ltd performance compare with that of its Peers?

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 0%, indicating faster growth and gaining its market share.

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.

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 75.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	1.3%	-0.3%	4.8%	10.9%	5.2%	9.2%	45%	98.9%	102.8%	81.8%	-
Value Creation Index ⓘ	-0.9	-1.0	-0.7	-0.2	-0.6	-0.3	2.2	6.1	6.6	5.1	-
Growth Parameters ⓘ
Sales ⓘ	0.5	0.1	1.3	5	2	7.6	154	342	876	1,597	3,331
Sales YoY Gr.	-	-83.3%	1,525%	286.9%	-60.6%	283.8%	1,920.5%	122.5%	156.4%	82.3%	-
Adj EPS ⓘ	0	0	0	0.1	-0	0.2	1.3	5.7	14	22.1	46.3
YoY Gr.	-	50%	-33.3%	200%	-150%	NA	495.5%	335.1%	144.9%	58.2%	-
BVPS (₹) ⓘ	2	2	2.1	2.1	2.9	3.2	5	10.6	23.6	43.7	90
Adj Net Profit ⓘ	0.1	0.2	0.1	0.3	-0.3	2.3	13.6	59.3	145	230	483
Cash Flow from Ops. ⓘ	-0.1	-1.9	0.5	4.5	3.3	3.3	33.5	58.2	128	302	-
Debt/CF from Ops. ⓘ	0	0	0	8	11.1	11.3	0	0	0.3	0.1	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	146.2%	281.4%	118.3%	82.3%
Adj EPS ⓘ	117.8%	NA	156.4%	58.2%
BVPSⓘ	40.6%	71.8%	105.7%	85%
Share Price	75.7%	111.4%	72.1%	-7.6%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.9	1.5	1.2	2.9	-1.4	7.4	32	72.5	81	65.4	69.2
Op. Profit Mgn % ⓘ	27.6	-282.8	-16.2	49.5	2.2	36.2	8.6	22.2	23.6	19.5	19.2
Net Profit Mgn % ⓘ	19.4	207.1	9.4	6.1	-14.1	30.8	8.9	17.4	16.6	14.4	14.5
Debt to Equity ⓘ	0	0	0	3.4	1.2	1.1	0	0	0.2	0.1	0
Working Cap Days ⓘ	7,134	46,185	1,586	494	4,123	1,925	163	129	121	120	65
Cash Conv. Cycle ⓘ	2,814	27,312	930	108	262	-36	-20	-16	2	28	19

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	0	0	1	5	2	8	154	342	876	1,597
Operating Expenses ⓘ +	0	1	2	3	2	5	140	266	669	1,286
Manufacturing Costs	0	0	0	0	0	0	1	3	7	12
Material Costs	0	0	0	0	0	4	132	250	639	1,231
Employee Cost	0	0	0	1	1	1	6	9	17	30
Other Costs ⓘ	0	0	1	2	1	0	1	3	6	14
Operating Profit ⓘ	0	-0	-0	2	0	3	13	76	207	311
Operating Profit Margin (%)	27.6%	-640.0%	-16.2%	49.5%	2.1%	36.2%	8.6%	22.2%	23.6%	19.5%
Other Income ⓘ +	0	0	1	1	3	4	14	5	4	15
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	-4
Interest ⓘ	0	0	0	2	3	4	1	1	7	15
Depreciation ⓘ	0	0	0	0	0	0	0	0	6	6
Profit Before Tax ⓘ	0	-0	0	1	-0	3	26	80	199	301
Tax ⓘ	0	-0	0	1	-0	0	6	20	53	72
Profit After Tax	0	-0	0	0	-0	2	20	59	145	229
PAT Margin (%)	19.4%	-43.3%	9.4%	6.2%	-9.4%	30.8%	13.3%	17.4%	16.6%	14.4%
Adjusted EPS (₹)	0.0	-0.0	0.0	0.1	-0.0	0.2	2.0	5.7	14.0	22.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	10.20%	3.50%	7.20%	4.50%

Valuation of Waaree Renewables - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	10	10	10	11	30	33	52	111	246	455
Share Capital ⓘ	10	10	10	10	21	21	21	21	21	21
Reserves ⓘ	0	0	0	1	10	12	31	90	225	434
Debt +	0	0	0	36	37	37	0	0	37	24
Long Term Debt	0	0	0	36	37	37	0	0	27	24
Short Term Debt	0	0	0	0	0	0	0	0	10	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0	0	0	0	0	3	58	77	298	234
Others Liabilities ⓘ	0	0	2	1	1	11	22	67	134	408
Total Liabilities ⓘ	10	10	12	48	68	83	132	254	715	1,121
Fixed Assets
Net Fixed Assets ⓘ +	0	0	4	4	3	3	3	9	154	195
Gross Block	0	0	4	4	4	4	4	10	165	213
Accumulated Depreciation	0	0	0	0	0	1	1	1	11	17
CWIP ⓘ	0	0	0	0	0	0	0	80	3	56
Investments ⓘ	1	0	0	32	32	32	1	0	9	52
Inventories	5	6	0	0	0	0	2	37	29	6
Trade Receivables	0	0	0	3	0	2	45	61	372	497
Cash Equivalents	0	0	7	1	0	1	39	13	121	193
Others Assets ⓘ	4	3	1	9	33	45	43	54	27	121
Total Assets ⓘ	10	10	12	48	68	83	132	254	715	1,121

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0	-2	0	5	3	3	34	58	128	302
PBT ⓘ	0	-0	0	1	-0	3	26	80	199	301
Adjustment ⓘ	0	-0	-1	2	0	0	-12	-3	10	7
Changes in Working Capital ⓘ	-0	-1	1	2	4	1	23	-14	-55	65
Tax Paid ⓘ	-0	-0	-0	-0	-0	-0	-3	-5	-25	-71
Cash Flow From Investing Activity ⓘ +	0	1	-3	-31	3	-8	19	-66	-114	-237
Capex	0	0	-4	-0	-0	0	-0	-86	-11	-101
Net Investments	0	1	-0	-32	-0	0	-26	16	-107	-147
Others ⓘ	0	0	1	1	3	-8	45	4	3	12
Cash Flow From Financing Activity ⓘ +	0	1	2	27	-6	5	-39	-2	-7	-49
Net Proceeds from Shares ⓘ	0	0	0	0	20	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	-0	-0	-2	-3	-4	-1	-1	-7	-15
Dividend Paid ⓘ	0	0	0	0	0	0	-1	-1	-2	-21
Others ⓘ	0	1	3	29	-23	9	-37	-0	1	-13
Net Cash Flow ⓘ	-0	0	-0	0	0	0	13	-10	6	17

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.91	-0.32	1.2	2.96	-0.91	7.4	48.01	72.98	81.63	65.47
ROCE (%)	1.3	-0.31	4.84	10.91	5.24	9.19	44.95	98.93	102.84	81.83
Asset Turnover Ratio	0.05	0.01	0.12	0.17	0.03	0.1	1.43	1.77	1.81	1.74
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	1.5	1.7	0.98	0.88	1.32
Working Capital Days
Receivable Days	0	0	114.10	119.30	267.80	59.50	56.50	56.80	90.30	99.30
Inventory Days	2,799.50	0	0	0	0	21.90	2.60	20.40	13.70	4.10
Payable Days	0	0	0	0	0	132.20	83.90	98.50	106.90	78.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Waaree Renewable Technologies Ltd FAQs

The current trading price of Waaree Renewables on 04-Jun-2026 16:59 is ₹974.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Waaree Renewables stood at ₹10,169.5 Cr

The latest P/E ratio of Waaree Renewables as of 03-Jun-2026 is 21.07.

The latest P/B ratio of Waaree Renewables as of 03-Jun-2026 is 10.82.

The 52-week high of Waaree Renewables is ₹1,358.5 and the 52-week low is ₹780.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Waaree Renewables is ₹3,331 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Waaree Renewable Technologies Ltd is a average quality company.

The key valuation ratios of Waaree Renewable Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Waaree Renewable Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Waaree Renewable Technologies Ltd

Waaree Renewables Technology Limited (WRTL) (Formally known as Sangam Renewables Limited) is a pioneer company to look after if one is going for CAPEX model. The company was incorporated on 22nd of June, 1999 as a private company limited by shares. It was converted into a public company on November 18, 2011. It has its registered office in Mumbai and its energy generation site is located in state of Maharashtra.

Business area of the company

The company is engaged in the business of generation of power through renewable energy sources and also providing consultancy service in this regard.

Solution & Service

Capex
RESCO / OPEX
Rooftop
Floating Solar
Ground Mount
Operations & Maintenance

Waaree Renewable Technologies Ltd (WAAREERTL)

Waaree Renewable Technologies Ltd (WAAREERTL)

Waaree Renewable Technologies stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Waaree Renewables - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Waaree Renewable Technologies Ltd FAQs

About Waaree Renewable Technologies Ltd

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Waaree Renewable Technologies Ltd (WAAREERTL)

Waaree Renewable Technologies Ltd (WAAREERTL)

Waaree Renewable Technologies stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Waaree Renewables - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Waaree Renewable Technologies Ltd FAQs

What is the share price of Waaree Renewables?

What is the market cap of Waaree Renewables?

What is the P/E ratio of Waaree Renewables?

What is the P/B ratio of Waaree Renewables?

What is the 52-week high and low of Waaree Renewables?

What is the TTM revenue of Waaree Renewables?

Is Waaree Renewable Technologies Ltd a good quality company?

Is Waaree Renewable Technologies Ltd undervalued or overvalued?

Is Waaree Renewable Technologies Ltd a good buy now?

About Waaree Renewable Technologies Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.