WAAREE RENEWABLE TECHNOLOGIES LIMITED
Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It also provides engineering, procurement, and construction (EPC) services. The company serves the individual, industrial, and commercial sectors. The company was formerly known as Sangam Renewables Limited and changed its name to Waaree Renewable Technologies Limited in July 2021. The company was incorporated in 1999 and is headquartered in Mumbai, India. Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 237.5%
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.60 K Cr | β | βΉ229.00 Cr | β | β | 50.1% | 82.3% | 57.9% |
| Mar 2024 | βΉ876.00 Cr | β | βΉ145.00 Cr | β | β | 58.5% | 156.1% | 145.8% |
| Mar 2023 | βΉ342.00 Cr | β | βΉ59.00 Cr | β | β | 52.7% | 122.1% | 195.0% |
| Mar 2022 | βΉ154.00 Cr | β | βΉ20.00 Cr | β | β | 38.5% | 1825.0% | 900.0% |
| Mar 2021 | βΉ8.00 Cr | β | βΉ2.00 Cr | β | β | 6.1% | 300.0% | β |
| Mar 2020 | βΉ2.00 Cr | β | βΉ0.00 | β | β | 0.0% | -60.0% | β |
| Mar 2019 | βΉ5.00 Cr | β | βΉ0.00 | β | β | 0.0% | 400.0% | β |
| Mar 2018 | βΉ1.00 Cr | β | βΉ0.00 | β | β | 0.0% | β | β |
| Mar 2017 | βΉ0.00 | β | βΉ0.00 | β | β | 0.0% | β | β |
| Mar 2016 | βΉ0.00 | β | βΉ0.00 | β | β | 0.0% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,215 |
| Total Expenses | 1,741 |
| EBIT / Operating Profit | 474 |
| OPM % | 21% |
| Other Income | 15 |
| Finance Costs | 15 |
| Depreciation & Amortisation | 8 |
| Profit Before Tax | 466 |
| Tax % | - |
| Net Profit / PAT | 351 |
| EPS (βΉ) | 33.67 |
| Dividend Payout % | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| WAAREE RENEWABLE TECHNOLOGIES LIMITEDthis co. | βΉ10.50 K Cr | βΉ1.60 K Cr | 29.60 | 15.89 | 49.43 | 82.3% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |