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Waaree Renewables Technologies Ltd share price logo

Waaree Renewables Technologies Ltd Share Price

(534618)

₹933.653.57%

as on 04:01PM, 24 Jan 2025

Overview
News
Financials
Q3 FY24-25 Results
Technicals

Waaree Renewables Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹905
    Day's Price Range
    ₹996.9
  • 52 Week's Low

    52 Week's High

    ₹631.85
    52-Week Price Range
    ₹3,037.75
1 Month Return-28.46 %
3 Month Return-37.37 %
1 Year Return+ 40.73 %
Previous Close₹968.25
Open₹996.90
Volume3.80L
Upper Circuit-
Lower Circuit-
Market Cap₹10,093.67Cr

Waaree Renewables Technologies Ltd Key Statistics

P/E Ratio52.07
PEG Ratio6.04
Market Cap₹10,093.67 Cr
P/B Ratio56.44
EPS14.21
Dividend Yield0.07
SectorPower Infrastructure
ROE80.34

Waaree Renewables Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹10,093.67 Cr5520.95%0.52₹148 Cr₹876 Cr
NA₹1,604.02 Cr0.14%0.66-₹30 Cr₹242 Cr
NA₹7,286.92 Cr479.43%0.78₹161 Cr₹1,023 Cr
NA₹3,732.32 Cr86.21%0.59₹54 Cr₹382 Cr

Waaree Renewables Technologies Ltd Mutual Fund Holdings

About Waaree Renewables Technologies Ltd

Waaree Renewable Technologies Limited (formerly, Sangam Renewables Ltd) was incorporated in 1999 and converted into a public company in 2011. It operates in the renewable energy resources sector, primarily involved in generating power and providing consultancy services. In 2018, it commissioned a 1.66 MW rooftop project and inked deals for 10.7 MW rooftop projects spread over 6 to 9 months and 154 agrifeeder projects in Maharashtra. During 2019-2020, it allotted 10.8 million equity shares to Waaree Energies Limited (Promoter Group Company) and acquired 100% stake of the paid up capital of two companies - Waaree PV Technologies Pvt Ltd and Waasang Solar Private Limited. During the same period, the Company divested its entire investments held in Waacox Energy Private Limited and is no longer a material subsidiary.

Share Price: ₹933.65 per share as on 24 Jan, 2025 04:01 PM
Market Capitalisation: ₹10,093.67Cr as of today
Revenue: ₹360.35Cr as on December 2024 (Q4 24)
Net Profit: ₹53.48Cr as on December 2024 (Q4 24)
Chairperson Name: Nilesh Gandhi
OrganisationWaaree Renewables Technologies Ltd
Headquarters
IndustryPower Infrastructure
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Key events for Waaree Renewables Technologies Ltd

  • Waaree Renewable Technologies Faces Stock Price Decline - 22 Jan, 2025

    Waaree Renewable Technologies Ltd, with a market cap of Rs 10,299.04 crores, has seen its shares drop 67.5% from a 52-week high of Rs 3,037.75 to Rs 987.95. The company boasts strong financial metrics, including a RoE of 61.98% and a RoCE of 79.14% in Q2FY24, alongside a low debt-to-equity ratio of 0.1.
  • Waaree Renewable Secures Major Solar Project Order - 20 Jan, 2025

    Waaree Renewable Technologies has received a Letter of Intent for a Rs 277.20 crore solar project, boosting its position in the renewable energy sector. The project is set for completion in FY 2025-26, contributing to the company's growth despite recent profit declines.
  • Waaree Renewable Technologies Announces Ex-Dividend Date - 19 Jan, 2025

    Waaree Renewable Technologies will go ex-dividend on January 20, 2025, for an interim dividend of Rs 1 per share, impacting share trading.
  • Waaree Renewable Reports Decline in Q3 Profit - 16 Jan, 2025

    Waaree Renewable Technologies announced a 17% decline in Q3 FY25 net profit to ₹53.48 crore, despite an 11.15% revenue increase. Total expenses surged, leading to a 6% drop in share price post-announcement. The company also declared an interim dividend of ₹1 per share.
  • Waaree Renewable Shares Recover After CFO Resignation - 15 Jan, 2025

    Waaree Renewable Technologies shares experienced volatility following the resignation of CFO Dilip Panjwani. However, investor optimism led to a significant recovery, with shares climbing 16% as they anticipate upcoming financial results and a potential interim dividend announcement.
  • Waaree Renewable Shares Rebound Amid Dividend Announcement - 14 Jan, 2025

    Waaree Renewable Technologies shares rebounded 19% following a recent decline. The board will meet on January 16 to discuss interim dividends and quarterly results.
  • Waaree Renewable Shares Plummet After CFO Resignation - 13 Jan, 2025

    Waaree Renewable Technologies shares dropped 20% following CFO Dilip Panjwani's resignation. The stock is now under the ASM framework due to volatility concerns.
  • Waaree Renewable Tech CFO Resignation Affects Stock - 08 Jan, 2025

    Waaree Renewable Technologies' stock fell 2.54% to Rs 1,290.95 following the resignation of CFO Dilip Panjwani for personal reasons. Despite this, the company reported a significant 160.52% increase in net profit for Q2 September 2024.
  • CFO Resignation at Waaree Renewable Technologies - 07 Jan, 2025

    Waaree Renewable Technologies announced the resignation of CFO Dilip Panjwani effective January 31, 2025, due to personal reasons. The company confirmed no material reasons behind his departure and expressed gratitude for his contributions.
  • Waaree Renewable Secures Major Solar Project Order - 03 Jan, 2025

    Waaree Renewable Technologies shares rose 10% after securing a 2GW solar project order from Jindal Renewables, marking its largest order to date. The company anticipates continued growth with a strong order pipeline and significant revenue increases, despite a recent decline from its 52-week peak.
  • Waaree Renewables Stock Surges 5% on January 1 - 01 Jan, 2025

    On January 1, 2025, Waaree Renewables Technologies shares increased by 5%, outperforming its sector. The stock reached an intraday high of Rs 1,385, despite remaining below several long-term moving averages.
  • Waaree Secures Major 2 GW Solar Project - 31 Dec, 2024

    Waaree Renewable Technologies Ltd has announced its largest order to date, securing a 2 GW solar project in Bikaner, Rajasthan, from Sunbreeze Renewables Nine Pvt Ltd, enhancing energy efficiency through advanced technologies.

Insights on Waaree Renewables Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.98% to 0.99% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.00% to 0.01% in Dec 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 24.57% to 24.61% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 74.44% to 74.39% in Dec 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 527.87 Cr → 364.13 Cr (in ₹), with an average decrease of 31.0% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, Waaree Renewab. stock has moved down by -28.2%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 53.54 Cr → 53.51 Cr (in ₹), with an average decrease of 0.1% per quarter

Waaree Renewables Technologies Ltd Financials

Value in ₹ crore
DetailsQ'4 23Q'1 24Q'2 24Q'3 24Q'4 24
Revenue₹324.19Cr (-)₹273.31Cr (↓15.69%)₹236.35Cr (↓13.52%)₹524.47Cr (↑121.90%)₹360.35Cr (↓31.29%)
Net Income₹64.23Cr (-)₹51.31Cr (↓20.12%)₹28.16Cr (↓45.12%)₹53.52Cr (↑90.06%)₹53.48Cr (↓0.07%)
Net Profit Margin19.81% (-)18.77% (↓5.25%)11.91% (↓36.55%)10.20% (↓14.36%)14.84% (↑45.49%)
Value in ₹ crore
Details2021202220232024
Total Assets₹83.47Cr (-)₹132.12Cr (↑58.28%)₹254.55Cr (↑92.67%)₹696.29Cr (↑173.54%)
Total Liabilities₹50.69Cr (-)₹79.91Cr (↑57.64%)₹143.12Cr (↑79.10%)₹436.93Cr (↑205.29%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3.30Cr (-)₹3.27Cr (↓0.91%)₹33.52Cr (↑925.08%)₹58.15Cr (↑73.48%)₹117.53Cr (↑102.12%)

Waaree Renewables Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.39%
-0.07
Foreign Institutions
0.99%
0.61
Mutual Funds
0.01%
0.00
Retail Investors
24.61%
0.16
Others
0%
-65.00

Waaree Renewables Technologies Ltd Key Indicators

Details20202021202220232024
Return On Assets %-4.65-2.846.7321.7721.27
Details20202021202220232024
Book Value Per Share (₹)2.492.142.878.1822.3
Details20202021202220232024
Earning Per Share (₹)-0.31-0.230.855.3214.21
Details20202021202220232024
Return On Equity %-1.567.4148.0172.6180.34

Waaree Renewables Technologies Ltd Valuation

Waaree Renewables Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3338.89x)

December 29, 2021

Industry (49.90x)

January 24, 2025

Today (52.07x)

January 24, 2025

Highest (1152.82x)

February 7, 2022

LowHigh

Waaree Renewables Technologies Ltd Earnings and Dividends

  • Waaree Renewables Technologies Ltd Earnings Results

    Waaree Renewables Technologies Ltd’s net profit fell -16.72% since last year same period to ₹53.51Cr in the Q3 2024-2025. On a quarterly growth basis, Waaree Renewables Technologies Ltd has generated -0.06% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Waaree Renewables Technologies Ltd Dividends January,2025

    In the quarter ending December 2024, Waaree Renewables Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.21%.

    Read More about Dividends

Waaree Renewables Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Waaree Renewables Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Waaree Renewables Technologies Ltd

Waaree Renewables Technologies Ltd share price today stands at ₹933.65, Open. ₹996.9 ; Previous Close. ₹968.25 ; High. ₹996.9 ; Low. ₹905 ; 52 Week High. ₹3037.75 ; 52 Week Low: ₹631.85.

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Waaree Renewables Technologies Ltd is not listed on NSE

Waaree Renewables Technologies Ltd is listed on BSE

  • Today’s highest price of Waaree Renewables Technologies Ltd is ₹996.9.
  • Today’s lowest price of Waaree Renewables Technologies Ltd is ₹905.

PE Ratio of Waaree Renewables Technologies Ltd is 52.07

PE ratio = Waaree Renewables Technologies Ltd Market price per share / Waaree Renewables Technologies Ltd Earnings per share

Today’s traded volume of Waaree Renewables Technologies Ltd(534618) is 3.80L.

Today’s market capitalisation of Waaree Renewables Technologies Ltd(534618) is ₹10093.67Cr.

Waaree Renewables Technologies Ltd(534618Price
52 Week High
₹3037.75
52 Week Low
₹631.85

Waaree Renewables Technologies Ltd(534618) share price is ₹933.65. It is down -69.27% from its 52 Week High price of ₹3037.75

Waaree Renewables Technologies Ltd(534618) share price is ₹933.65. It is up 47.76% from its 52 Week Low price of ₹631.85

Waaree Renewables Technologies Ltd(534618Returns
1 Day Returns
-34.6%
1 Month Returns
-28.46%
3 Month Returns
-37.37%
1 Year Returns
40.73%