Market statusData NSENot investment advice
Waaree Renewable Technologies

Waaree Renewable Technologies Latest Share Price (WAAREERTL)

TechnicalsTV Chart
875.30
5.10−0.58%
Overall Score65/100
Day range871
₹875.30
886
52-week780
₹875.30
1,358
Above low+12.3%
Below high35.5%
Range position17%
Open879.30
Prev Close880.40
Bid875.26100
Ask875.34100

TODAY IN ONE LINE

WAAREERTL slipped 0.6% on light volume, in line with Nifty's 0.1% move, supported by recent strong earnings.

With a market cap of ₹9,155.82 Cr., it trades at a P/E of 17.97. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume105.3K13%vs 20D avg
Market Cap₹9,155.82 Cr.
Promoter74.3%
Face Value₹2
Fwd P/E
PEG0.11
EV/EBITDA12.5
P/S1,241.52
ROA
Beta1.51
Div Payout
THE STOCK SCORE
Overall Score65/100
Updated 22 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Waaree Renewable Technologies flags & news 

Key strengths, potential risks, and recent updates.

8 green flags🚩 0 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 66.7% YoY
  • Quarterly OutperformanceLatest quarter Sales up 53.2% and Profit up 34.1%
  • High Capital EfficiencyROCE of 83.6% indicating pricing power
  • Strong Return on EquityHealthy ROE of 68.9%
  • Healthy Operating MarginsOPM is structurally strong at 19.1%
  • High Promoter HoldingPromoters hold 74.3% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.16x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

No red flags identified

Latest Waaree Renewable Technologies News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

17 AUG 2026
corporate
Analysts/Institutional Investor Meet/Con. Call Updates - Waaree Renewable Technologies Limited has informed the Exchange about Schedule of meet
View PDF
🔒Prime: full history + alerts on this stock
Valuation

Waaree Renewable Technologies Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Waaree Renewable Technologies Ltd, framed against the sector median so the premium or discount is obvious at a glance.

Waaree Renewable Technologies Ltd trades at a P/E of 17.97× and P/B of 9.77×.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹9,155.82 Cr.
P/E Ratio
17.97
P/B Ratio
9.77
EPS
₹48.7
Profitability

Profitability

ROE
68.9%
ROCE
83.6%
Net Margin
15.04%
Op Margin
19.1%
Growth

Growth

EPS YoY
66.7%
Revenue YoY
131.2%
Qtr Sales
53.2%
Qtr Profit
34.1%
Financial Health

Financial Health

Debt / Equity
0.16
Book Value
₹89.5
Div Yield
0.11%
Promoter Holding
74.3%
Technicals

Waaree Renewable Technologies Ltd technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Waaree Renewable Technologies Ltd — derived from the latest tape, not yesterday's close.

Waaree Renewable Technologies Ltd last traded at ₹875.3 with an intraday range of ₹871.4–₹886.45 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹875.30
LevelPrice (₹)Distance% Δ
R4914.13+38.83+4.44%
R3899.08+23.78+2.72%
R2892.77+17.47+2.00%
R1884.03+8.73+1.00%
PIVOT877.722.420.28%
CURRENT875.30
S1868.98-6.32-0.72%
S2862.67-12.63-1.44%
S3853.93-21.37-2.44%
S4838.88-36.42-4.16%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 876.51P: 877.72TC: 878.92
R1
R2
R3
R4
indicator
LTP: 875.30
PDH: 887.95
PDL: 880.00
● Market Sentiment

WAAREERTL is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 878.1884.3

● Price Position

Trading Below opening range, showing Bearishness

Financials

Waaree Renewable Technologies Ltd financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Waaree Renewable Technologies Ltd — consolidated or standalone — with margins, YoY growth and key ratios inline.

Waaree Renewable Technologies Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹9,155.82 Cr. and reported EPS of ₹48.70.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,598
3,331
108.5%
Sales Growth YoY %Derived82.30%
108.51%
Other Income15
20
38.0%
Total Income1,613
3,352
107.9%
1,239
2,606
110.3%
Gross ProfitDerived359
726
102.2%
Gross Margin %Derived22.47%
21.79%
48
85
76.5%
EBITDA (Operating Profit)Derived311
641
106.2%
OPM %Derived19.46%
19.24%
17
22
27.5%
Profit Before Tax (PBT)300
640
112.9%
72
161
125.0%
Effective Tax %Derived23.81%
25.17%
Total Profit for Period229
479
109.1%
Less: Non-controlling Interests-0
100.0%
Net Profit (Owner's PAT)Derived229
479
108.9%
Net Profit Margin %Derived14.34%
14.37%
PAT Growth YoY %Derived54.70%
108.86%
Earnings Per Share (EPS ₹)21.98
45.87
108.7%
Diluted Shares Outstanding (Cr)10
10
0.1%
Other Comprehensive Income (Net of Tax)0
-0
911.2%
Total Expenses (incl. D&A & Interest)1,312
2,712
106.7%
Material Cost % of RevenueDerived77.53%
78.21%
Employee Cost % of RevenueDerived1.85%
1.47%
Other Cost % of RevenueDerived1.16%
1.08%
Interest Coverage (x)Derived20.52x
47.60x
Sales CAGR · 3Y
+111.7%
Sales CAGR · 5Y
+203.3%
PAT CAGR · 3Y
+105.2%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Waaree Renewable Technologies segment analysis : revenue and profit mix.

Disclosed business segments at Waaree Renewable Technologies with their share of revenue and profit, switchable between consolidated and standalone reporting.

Waaree Renewable Technologies discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Waaree Renewable Technologies Ltd.

Our AI distills the core fundamental drivers supporting Waaree Renewable Technologies Ltd, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Waaree Renewable Technologies Ltd's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Latest quarterly EPS grew 66.5% YoY; TTM EPS grew 66.7% YoY despite high base.

  • Exceptional ROCE 83.60% and ROE 68.90% significantly exceed industry benchmarks.

  • Quarterly sales surged 53.2% YoY; TTM revenue growth 131.2% demonstrates strong market traction.

  • Minimal debt-to-equity ratio 0.0016 reflects fortress balance sheet and financial discipline.

  • Promoter holding 74.3% signals robust management alignment with long-term shareholder interests.

bear case

Key Risks.

  • Zero dividend yield despite strong profitability limits shareholder income returns.

  • FII holdings minimal at 1.38%; DII holdings negligible at 0.12% indicate weak institutional traction.

  • Price-to-book ratio 10.40 suggests premium valuation relative to tangible asset base.

  • Quarterly profit variance 34.10% indicates earnings volatility and execution inconsistency.

  • Beta 1.5148 reflects 51% higher volatility than Nifty 50; elevated stock price risk.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 23 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Return-quality risk. ROE below 64% would indicate weaker capital compounding.

Shareholding

Waaree Renewable Technologies shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Waaree Renewable Technologies — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public23.61%0.12%
Promoters74.32%
FII1.98%0.13%
DII0.09%

Ownership Distribution

Retail & Public
23.61%
Promoters
74.32%
Foreign Institutions
1.98%
Domestic Institutions
0.09%

Category Trends

Foreign Institutions Breakdown
Total Holding: 1.98%
Net Change: +0.13%
Category Total1.98%
Total Holding1.98%
Net Change+0.13%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

Foreign Institutions: 1.98%

Individual institutional breakdown is not disclosed by the company, but aggregate holding data is shown above.

💡 This category has 1.98% total holding without detailed institution-wise disclosure
Peers

Waaree Renewable Technologies Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Waaree Renewable Technologies Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Tata Motors Ltd
₹1.74 Lakh Cr
Best Profit Growth
Welspun Specialty Solutions Ltd
788.00 %
Highest Dividend Yield
Rubfila International Limited
2.58 %

Peer Comparison

Company Name
09 · Chart Patterns

Waaree Renewable Technologies Ltd chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Waaree Renewable Technologies Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

Waaree Renewable Technologies Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Waaree Renewable Technologies Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Waaree Renewable Technologies Ltd stood at 45.8% of traded volume, against a 20-day average of 48.9%.

Avg Delivery (20D)48.9%-3.1 ppt latest vs avg
Highest Delivery59.5%on 12 Aug
Avg Volume (20D)1.21 L20-day run-rate
Conviction Trend↑ Strengthening-3.1 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Waaree Renewable Technologies announcements: results, concalls, ratings, M&A.

Filings Waaree Renewable Technologies sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Waaree Renewable Technologies files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 154 documents below.

  1. 17 Aug 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Waaree Renewable Technologies Limited has informed the Exchange about Schedule of meet

  2. 10 Aug 2026Bagging/Receiving of orders/contractsView PDF

    Bagging/Receiving of orders/contracts

    Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts

  3. 05 Aug 2026Awarding of order(s)/contract(s)View PDF

    Awarding of order(s)/contract(s)

    Waaree Renewable Technologies Limited has informed the Exchange about Awarding of order(s)/contract(s)

  4. 30 Jul 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Waaree Renewable Technologies Limited has informed the Exchange about Transcript

  5. 29 Jul 2026ESOP/ESOS/ESPSView PDF

    ESOP/ESOS/ESPS

    Waaree Renewable Technologies Limited has informed the Exchange regarding Allotment of 33425 Shares.

Corporate Actions

Waaree Renewable Technologies dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Waaree Renewable Technologies has declared, sequenced by announce and record date.

Waaree Renewable Technologies corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Waaree Renewable Technologies Ltd: business, sector, key facts.

What Waaree Renewable Technologies Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Waaree Renewable Technologies Ltd operates in the Other Electrical Equipment industry under the Capital Goods sector, listed as NSE: WAAREERTL, BSE: 534618.

WAAREERTL
Capital Goods

Waaree Renewable Technologies Ltd

NSE · WAAREERTL·BSE · 534618·www.waareertl.com

Waaree Renewable Technologies Limited (WRTL) is a prominent player in India's renewable energy sector, specializing in the generation and distribution of solar power. The company's core business revolves around harnessing solar energy through diverse methodologies to provide power solutions across various market segments.

WRTL offers a comprehensive suite of solar energy solutions catering to individual, industrial, and commercial clients. Their service portfolio includes ground-mounted solar power plants, a solar capital expenditure (CAPEX) model, a renewable energy service company (RESCO) operating expenditure (OPEX) model, rooftop solar installations, and innovative floating solar systems. This variety of offerings allows WRTL to adapt to the specific needs and budgetary constraints of different customers.

In addition to the generation of solar power, WRTL provides comprehensive engineering, procurement, and construction (EPC) services. This crucial aspect of their business allows them to manage the entire lifecycle of solar projects, from initial design and planning through to construction and commissioning. This end-to-end service delivery model simplifies the process for clients and ensures consistent quality control.

Furthermore, WRTL offers operations and maintenance (O&M) solutions for its installed solar power systems. This ongoing support ensures the longevity and optimal performance of the solar installations, maximizing energy output and return on investment for clients. The commitment to after-sales service differentiates WRTL in the competitive renewable energy market.

Founded in 1999 and headquartered in Mumbai, India, WRTL operates as a subsidiary of Waaree Energies Limited. The company previously operated under the name Sangam Renewables Limited before rebranding to its current name in July 2021. This demonstrates a continuing commitment to growth and adaptation within the evolving renewable energy landscape.

company facts
Employees
SectorCapital Goods
HeadquartersMumbai, India
Market Cap₹9,155.82 Cr.
Listed OnNSE
leadership17 on record
Mr. Hitesh Mehta
Whole Time Director
Mr. Hitesh Pranjivan Mehta
Whole Time Director
Mr. Manmohan Sharma
Chief Financial Officer
Mr. Manmohan Sharma
Chief Financial Officer
Mr. Nilesh Gandhi
Non-Executive Independent Chairman of the Board
Mr. Pujan Doshi
Managing Director, Executive Director
Mr. Pujan Pankaj Doshi
MD & Executive Director
Mr. Ravikesh Singh
Chief Operating Officer of EPC
Mr. Sunil Jain
Executive Director
Mr. Sunil Nandkishor Rathi
Whole Time Director
Mr. Sunil Rathi
Whole Time Director
Mr. Virenkumar Chimanlal Doshi
Whole Time Director
§ ∞ · Plainly Answered

Questions investors ask about Waaree Renewable Technologies Ltd (WAAREERTL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Waaree Renewable Technologies Ltd (WAAREERTL)?

The current share price of Waaree Renewable Technologies Ltd (WAAREERTL) is ₹875.30. Today, the stock has declined by ₹5.10 (0.58%), trading in a range of ₹871.40 to ₹886.45. The stock opened at ₹879.30 with a trading volume of 1,05,274 shares.

02Is Waaree Renewable Technologies Ltd stock a good investment for long-term?

Waaree Renewable Technologies Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,155.82 Cr., P/E ratio of 17.97, ROE of 68.9%, and ROCE of 83.6%. The dividend yield stands at 0.11%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Waaree Renewable Technologies Ltd stock?

The 52-week high price of Waaree Renewable Technologies Ltd (WAAREERTL) is ₹1,358.00, while the 52-week low is ₹779.50. Currently trading at ₹875.30, the stock is 12.29% above its 52-week low and 35.54% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Waaree Renewable Technologies Ltd stock at the current price?

Whether to buy Waaree Renewable Technologies Ltd stock at ₹875.30 depends on multiple factors. The stock is currently trading with a P/E ratio of 17.97 and P/B ratio of 9.77. Today's performance shows a loss of 0.58%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Waaree Renewable Technologies Ltd and when is the next dividend?

Waaree Renewable Technologies Ltd offers a dividend yield of 0.11%, which means for every ₹100 invested at the current price of ₹875.30, you can expect to receive approximately ₹0.11 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Waaree Renewable Technologies Ltd?

Waaree Renewable Technologies Ltd's key financial metrics include: P/E Ratio: 17.97, P/B Ratio: 9.77, ROE: 68.9%, ROCE: 83.6%, Dividend Yield: 0.11%, EPS: ₹48.70, Book Value: ₹89.50, and Debt-to-Equity: 0.16. The company's market cap stands at ₹9,155.82 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Waaree Renewable Technologies Ltd stock performing today in the market?

Waaree Renewable Technologies Ltd stock opened at ₹879.30 and is currently trading at ₹875.30, showing a decline of ₹5.10 (0.58%). The intraday high is ₹886.45 and low is ₹871.40. The trading volume stands at 1,05,274 shares, indicating moderate market participation today.

08What is the P/E ratio of Waaree Renewable Technologies Ltd and what does it indicate?

Waaree Renewable Technologies Ltd has a Price-to-Earnings (P/E) ratio of 17.97, which means investors are willing to pay 17.97 for every ₹1 of earnings. With an EPS of ₹48.70, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Waaree Renewable Technologies Ltd (WAAREERTL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.