Waaree Renewable Technologies Ltd Share Price
As on 19 November 2025 at 01:26 IST
Waaree Renewables Q1 FY26 Results:
Net profit for the period rose 206.4% to ₹86.4 crores in Q1 FY26, up from ₹28.2 crores in Q1 FY25. Total income for the quarter increased 154.4% year-on-year to ₹608.0 crores from ₹239.1 crores.
About Waaree Renewable Technologies Ltd
Waaree Renewables Technology Limited (WRTL) specializes in Solar EPC (Engineering, Procurement, and Construction) solutions. These solutions include financing, construction, ownership, and operation of solar projects. The company was initially founded on June 22, 1999, as Sangam Advisors Private Limited. Later, it became a public limited company in the year 2011. Waaree Renewables falls under the renewable energy sector, focusing on solar energy. The headquarters of the company is located in the city of Mumbai, Maharashtra, India. Its main products include solar PV modules, ground-mounted solar projects, rooftop solar installations, and floating solar solutions. +
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LOGINOver 1 Month
-9.18%
Over 6 Months
10.39%
Over 1 Year
34.68%
Over 3 Years
None%
Waaree Renewable Technologies Ltd Summary
Close ₹1,153.20
Open ₹1,166.80
High ₹1,174.80
Low ₹1,149.30
Volume 2,60,132
Net Turnover (in Cr) ₹30.2
52Wk High ₹1,358
52Wk Low ₹841.15
52Wk High / Low
841.15
1,358
Waaree Renewable Technologies Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹12,021.71
EPS (TTM) 33.97
Book Value (BV) 63.33
Div. Yield 0.09 %
P/E (TTM) 34.28
Price/Book Value 18.22
Delivery % 35.79 %
Face Value 2
Key Ratios
PE Ratio 41.24
PB Ratio 20.72
EV to Sales 5.82
PEG Ratio 0.72
ROA 47.28
ROE 65.18
Debt-Equity 0.10
Net Profit Margin 14.37
Operating Profit Margin 20.16
Waaree Renewable Technologies Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 1,612.55 | 880.66 | 352.48 | 169.82 | 15.42 |
| Total Expenses | 1,308.06 | 682.20 | 275.47 | 148.60 | 12.02 |
| Profit Before Tax | 300.48 | 198.45 | 77.01 | 21.22 | 3.40 |
| Profit After Tax | 228.92 | 145.22 | 55.33 | 8.89 | -2.37 |
| Operating Profit After Depreciation | 319.33 | 205.22 | 82.32 | 28.15 | 7.74 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 197.97 | 156.90 | 74.43 | 74.07 | 154.68 |
| Total Non Current Assets | 308.62 | 163.98 | 155.12 | 74.64 | 157.22 |
| Total Current Assets | 811.51 | 550.34 | 127.55 | 93.15 | 45.73 |
| Total Assets | 1,120.12 | 714.32 | 282.68 | 167.79 | 202.95 |
| Total Shareholder's Fund | 455.42 | 246.53 | 85.14 | 29.90 | 22.28 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 302.70 | 127.91 | 65.15 | 42.55 | 2.14 |
| Net Cash Used In Investing Activities | -236.93 | -114.39 | -65.96 | 9.43 | -114.01 |
| Net Cash Used In Financing Activities | -48.57 | -7.18 | -9.20 | -39.99 | 85.68 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 1,612.59 | 880.63 | 346.92 | 167.91 | 11.30 |
| Total Expenses | 1,307.55 | 682.03 | 267.11 | 141.96 | 8.63 |
| Profit Before Tax | 301.02 | 198.60 | 79.81 | 25.95 | 2.66 |
| Profit After Tax | 229.49 | 145.48 | 59.41 | 20.40 | 2.34 |
| Operating Profit After Depreciation | 319.88 | 205.37 | 80.99 | 27.43 | 6.28 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 195.14 | 153.94 | 9.27 | 3.15 | 3.23 |
| Total Non Current Assets | 305.81 | 161.03 | 89.60 | 3.39 | 35.44 |
| Total Current Assets | 815.50 | 553.95 | 164.85 | 128.67 | 47.48 |
| Total Assets | 1,121.31 | 714.98 | 254.45 | 132.06 | 82.92 |
| Total Shareholder's Fund | 456.69 | 247.49 | 111.43 | 52.21 | 32.79 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 302.41 | 127.67 | 58.15 | 33.52 | 3.27 |
| Net Cash Used In Investing Activities | -236.65 | -114.16 | -66 | 18.59 | -8.01 |
| Net Cash Used In Financing Activities | -48.57 | -7.18 | -2.31 | -39.36 | 4.99 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 774.78 | 603.19 | 476.58 | 360.35 | 524.47 |
| Total Expenses | 616.84 | 485.65 | 350.24 | 288.43 | 452.90 |
| Profit Before Tax | 156.57 | 116.58 | 121.17 | 70.73 | 69.30 |
| Profit After Tax | 116.34 | 86.39 | 93.77 | 53.48 | 53.52 |
| Operating Profit after Depreciation | 162.37 | 122.37 | 131.20 | 75.70 | 74.97 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 774.72 | 603.10 | 476.52 | 360.25 | 524.42 |
| Total Expenses | 616.86 | 485.55 | 350.19 | 288.38 | 452.87 |
| Profit Before Tax | 157.21 | 116.72 | 121.27 | 70.79 | 69.39 |
| Profit After Tax | 117 | 86.54 | 93.89 | 53.55 | 53.58 |
| Operating Profit after Depreciation | 162.98 | 122.48 | 131.27 | 75.73 | 75.04 |
Waaree Renewable Technologies Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 1,143.40
S2 1,133.60
S3 1,117.90
Pivot 1,159.10
R1 1,168.90
R2 1,184.60
R3 1,194.40
Moving Average
20 SMA 1,222.31
50 SMA 1,141.48
100 SMA 1,089.09
200 SMA -
Waaree Renewable Technologies Ltd Corporate Actions
Waaree Renewable Technologies Ltd
₹1.0/Share
Announcement Date 24 Jan 2025
Record Date 24 Jan 2025
Div Yield 50%
Waaree Renewable Technologies Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| Oriana Power Ltd | ₹2,796.85 | ₹5,682.96 |
| Solarworld Energy Solutions Ltd | ₹298.30 | ₹2,585.45 |
| Anzen India Energy Yield Plus Trust | ₹114.90 | ₹2,254.27 |
Waaree Renewable Technologies Ltd Top Mutal Funds Invested
Waaree Renewable Technologies Ltd News
Waaree Renewable receives enhanced scope of work for a solar power project
10 Nov 2025, 06:16 pm
Waaree Renewable Technologies wins solar power project of 150 MWac/ 217.5 MWp
15 Oct 2025, 07:46 pm
Waaree Renewable Technologies Ltd leads gainers in 'A' group
Subex Ltd, Jubilant Ingrevia Ltd, C.E. Info Systems Ltd and KFin Technologies Ltd are among the other gainers in the BSE's 'A' group today, 13 October 2025.
13 Oct 2025, 12:00 pm
Waaree Renewable Tech sizzles after reporting robust Q2 performance
Waaree Renewable Technologies rallied 8.36% to Rs 1229.50 after the company's consolidated net profit surged 117.2% to Rs 116.30 crore on 47.7% jump in net sales to Rs 774.78 crore in Q2 FY26 over Q2 FY25.
13 Oct 2025, 09:41 am
Waaree Renewable Techs. to discuss results
On 10 October 2025
08 Oct 2025, 12:44 pm
Waaree Renewable Technologies Ltd Stock Analysis
- Annual revenue for Waaree Renewable Technologies Ltd increased by 83.12% to ₹1,612.59 crore in FY 2025 from ₹880.63 crore in FY 2024.
- Annual Net Profit for Waaree Renewable Technologies Ltd increased by 57.75% to ₹229.49 crore in FY 2025 from ₹145.48 crore in FY 2024.
- Promoter Shareholding in Waaree Renewable Technologies Ltd remains unchanged by 0.00% in the most recent quarter, from 74.39% in June 2025 to 74.39% in September 2025.
- Waaree Renewable Technologies Ltd delivered a 1-year return of 34.68% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
- Waaree Renewable Technologies Ltd share price moved down by 0.91% from its previous close of INR ₹1,153.20. The latest Waaree Renewable Technologies Ltd share price is INR ₹1,142.70.
- Waaree Renewable Technologies Ltd share price today has been at a low of 1,136.90 and a high of 1,156.60. Over the past 52 weeks, the Waaree Renewable Technologies Ltd share price has seen a low of 841.15 and a high of 1,358.
About Waaree Renewable Technologies Ltd
Waaree Renewables Technology Limited (WRTL), formerly known as Sangam Renewables Limited, operates under Waaree Energies. It focuses on the Solar EPC (Engineering, Procurement, and Construction) sector. The company specializes in providing comprehensive solar energy solutions. This includes the financing, construction, ownership, and operation of solar projects. WRTL has successfully completed over 10,000 solar projects, with a total operational capacity of more than 600 MW.
Waaree Renewables falls under the renewable energy sector, specifically focusing on solar energy. The company has been in business since its incorporation on June 22, 1999, initially as Sangam Advisors Private Limited. It later became a public limited company in 2011. The headquarters of Waaree Renewables is located in Mumbai, Maharashtra, India.
The main products of Waaree Renewables include solar PV modules, ground-mounted solar projects, rooftop solar installations, and floating solar solutions. Waaree Energies, the parent company, is recognized as India's largest manufacturer of solar PV modules, with an installed capacity of 13.3 GW. This makes it a significant player in the solar energy industry. The promoter shareholding in Waaree Renewables stands at 74.44%.
The company is managed by a team of experienced professionals dedicated to driving innovation and excellence in the renewable energy sector. This includes Nilesh Bhogilal Gandhi and Pujan Pankaj Doshi. They serve as Chairman and Managing Director of the company. With a strong focus on sustainability and environmental stewardship, Waaree Renewables continues to lead the way in providing clean and cost-effective energy solutions. The other crucial promoters of the company are included:
The company's influence in the solar sector is demonstrated through its impressive portfolio of completed projects. With over 10,000 successful solar installations, WRTL has established a strong track record. Their operational capacity exceeding 600 MW showcases their significant contribution to India's renewable energy capacity. This achievement positions them as a major contributor to the nation's clean energy goals.
WRTL's impact extends beyond mere numbers through its diverse product offerings. They excel in providing solar PV modules, ground-mounted projects, and rooftop installations. Their venture into floating solar solutions demonstrates their innovative approach. This comprehensive range allows them to serve various customer segments effectively.
The company's strength lies in its integrated approach to solar projects. They handle everything from financing to construction and operations. This end-to-end service model sets them apart in the market.
Their parent company, Waaree Energies, adds considerable weight to their market presence. This backing support provides WRTL with significant technical expertise and resources. Also, the strong promoter shareholding of 74.44% indicates stable ownership and committed leadership.
The founding promoters of the company bring valuable experience. Their vision and continued involvement have shaped the company’s growth trajectory and strategic direction. WRTL’s management team has also contributed to its operational capabilities.
Aside from this, WRTL's commitment to sustainability goes beyond business objectives. They focus on environmental stewardship in their operations. Also, their cost-effective energy solutions make clean energy accessible. This approach helps both commercial and residential customers transition to renewable energy.
The company's headquarters in Mumbai serves as a strategic base for nationwide operations. The location also helps WRTL provide excellent connectivity. This helps the company facilitate efficient project management along with maintaining strong relationships with clients and partners.
The company's impact on India's renewable energy sector continues to grow. They create employment opportunities in various technical and managerial roles. Their projects contribute to reducing carbon emissions. They also help businesses and communities achieve energy independence.
WRTL's influence extends to the economic aspect of solar energy adoption. Their financing solutions make solar projects viable for various customers. They help overcome initial cost barriers in solar installation. This approach has made clean energy more accessible to a broader market.
The company's expertise in EPC services has set industry standards. They maintain high-quality benchmarks in project execution. Their technical knowledge benefits the entire solar energy ecosystem. As a result, WRTL contributes to developing best practices in the sector.
Overall, Waaree Renewables Technology Limited is a key player in India's solar energy sector. With strong technical expertise and market presence, they deliver comprehensive solar solutions while prioritizing sustainability. Their success demonstrates how businesses can effectively combine environmental responsibility with commercial excellence in advancing India's clean energy goals.
Waaree Renewables falls under the renewable energy sector, specifically focusing on solar energy. The company has been in business since its incorporation on June 22, 1999, initially as Sangam Advisors Private Limited. It later became a public limited company in 2011. The headquarters of Waaree Renewables is located in Mumbai, Maharashtra, India.
The main products of Waaree Renewables include solar PV modules, ground-mounted solar projects, rooftop solar installations, and floating solar solutions. Waaree Energies, the parent company, is recognized as India's largest manufacturer of solar PV modules, with an installed capacity of 13.3 GW. This makes it a significant player in the solar energy industry. The promoter shareholding in Waaree Renewables stands at 74.44%.
The company is managed by a team of experienced professionals dedicated to driving innovation and excellence in the renewable energy sector. This includes Nilesh Bhogilal Gandhi and Pujan Pankaj Doshi. They serve as Chairman and Managing Director of the company. With a strong focus on sustainability and environmental stewardship, Waaree Renewables continues to lead the way in providing clean and cost-effective energy solutions. The other crucial promoters of the company are included:
- Hitesh Pranjivan Mehta
- Viren Chimanlal Doshi
- Sunil Nandkishor Rathi
Influence of the Company
Waaree Renewables Technology Limited (WRTL) has emerged as a significant force in India's renewable energy landscape. Since its inception, the company has transformed into a leading solar solutions provider. WRTL's evolution from a private entity to a public limited company in 2011 marks a pivotal point in its growth journey. Based in Mumbai, WRTL operates as a subsidiary of Waaree Energies Limited, focusing on comprehensive solar energy solutions.The company's influence in the solar sector is demonstrated through its impressive portfolio of completed projects. With over 10,000 successful solar installations, WRTL has established a strong track record. Their operational capacity exceeding 600 MW showcases their significant contribution to India's renewable energy capacity. This achievement positions them as a major contributor to the nation's clean energy goals.
WRTL's impact extends beyond mere numbers through its diverse product offerings. They excel in providing solar PV modules, ground-mounted projects, and rooftop installations. Their venture into floating solar solutions demonstrates their innovative approach. This comprehensive range allows them to serve various customer segments effectively.
The company's strength lies in its integrated approach to solar projects. They handle everything from financing to construction and operations. This end-to-end service model sets them apart in the market.
Their parent company, Waaree Energies, adds considerable weight to their market presence. This backing support provides WRTL with significant technical expertise and resources. Also, the strong promoter shareholding of 74.44% indicates stable ownership and committed leadership.
The founding promoters of the company bring valuable experience. Their vision and continued involvement have shaped the company’s growth trajectory and strategic direction. WRTL’s management team has also contributed to its operational capabilities.
Aside from this, WRTL's commitment to sustainability goes beyond business objectives. They focus on environmental stewardship in their operations. Also, their cost-effective energy solutions make clean energy accessible. This approach helps both commercial and residential customers transition to renewable energy.
The company's headquarters in Mumbai serves as a strategic base for nationwide operations. The location also helps WRTL provide excellent connectivity. This helps the company facilitate efficient project management along with maintaining strong relationships with clients and partners.
The company's impact on India's renewable energy sector continues to grow. They create employment opportunities in various technical and managerial roles. Their projects contribute to reducing carbon emissions. They also help businesses and communities achieve energy independence.
WRTL's influence extends to the economic aspect of solar energy adoption. Their financing solutions make solar projects viable for various customers. They help overcome initial cost barriers in solar installation. This approach has made clean energy more accessible to a broader market.
The company's expertise in EPC services has set industry standards. They maintain high-quality benchmarks in project execution. Their technical knowledge benefits the entire solar energy ecosystem. As a result, WRTL contributes to developing best practices in the sector.
Overall, Waaree Renewables Technology Limited is a key player in India's solar energy sector. With strong technical expertise and market presence, they deliver comprehensive solar solutions while prioritizing sustainability. Their success demonstrates how businesses can effectively combine environmental responsibility with commercial excellence in advancing India's clean energy goals.
FAQ’s
What is the share price of Waaree Renewable Technologies Ltd today?
Waaree Renewable Technologies Ltd share price as on 18 Nov 2025 is ₹ 1142.7
What is the Market Cap of Waaree Renewable Technologies Ltd?
The market cap of Waaree Renewable Technologies Ltd stock is ₹12,021.71 Cr.
What is the PE Ratio of Waaree Renewable Technologies Ltd?
The Price to Earnings (P/E) Ratio of Waaree Renewable Technologies Ltd is 41.24
What is the PB Ratio of Waaree Renewable Technologies Ltd?
The Price to Book (P/B) Ratio of Waaree Renewable Technologies Ltd is 20.72
What is the 52 week high of Waaree Renewable Technologies Ltd Share Price?
The 52 week high of Waaree Renewable Technologies Ltd share price stands at ₹1,358
What is the 52 week low of Waaree Renewable Technologies Ltd Share Price?
The 52 week low of Waaree Renewable Technologies Ltd share price stands at ₹841.15
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