
Waaree Renewable Technologies Latest Share Price (WAAREERTL)
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.
How good is this company?
Overall performance across 5 key dimensions.
Waaree Renewable Technologies flags & news
Key strengths, potential risks, and recent updates.
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
What changed recently?
Recent events, corporate actions, and announcements.
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×.
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
Profitability
Growth
Financial Health
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.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹875.30| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 914.13 | +38.83 | +4.44% |
| R3 | 899.08 | +23.78 | +2.72% |
| R2 | 892.77 | +17.47 | +2.00% |
| R1 | 884.03 | +8.73 | +1.00% |
| PIVOT | 877.72 | 2.42 | 0.28% |
| CURRENT | 875.30 | — | — |
| S1 | 868.98 | -6.32 | -0.72% |
| S2 | 862.67 | -12.63 | -1.44% |
| S3 | 853.93 | -21.37 | -2.44% |
| S4 | 838.88 | -36.42 | -4.16% |
WAAREERTL is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: ₹878.1–₹884.3
Trading Below opening range, showing Bearishness
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.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,598 | 3,331 ▲ 108.5% |
| Sales Growth YoY %Derived | 82.30% | 108.51% |
| Other Income | 15 | 20 ▲ 38.0% |
| Total Income | 1,613 | 3,352 ▲ 107.9% |
| 1,239 | 2,606 ▲ 110.3% | |
| Gross ProfitDerived | 359 | 726 ▲ 102.2% |
| Gross Margin %Derived | 22.47% | 21.79% |
| 48 | 85 ▲ 76.5% | |
| EBITDA (Operating Profit)Derived | 311 | 641 ▲ 106.2% |
| OPM %Derived | 19.46% | 19.24% |
| 17 | 22 ▲ 27.5% | |
| Profit Before Tax (PBT) | 300 | 640 ▲ 112.9% |
| 72 | 161 ▲ 125.0% | |
| Effective Tax %Derived | 23.81% | 25.17% |
| Total Profit for Period | 229 | 479 ▲ 109.1% |
| Less: Non-controlling Interests | -0 | — ▲ 100.0% |
| Net Profit (Owner's PAT)Derived | 229 | 479 ▲ 108.9% |
| Net Profit Margin %Derived | 14.34% | 14.37% |
| PAT Growth YoY %Derived | 54.70% | 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 RevenueDerived | 77.53% | 78.21% |
| Employee Cost % of RevenueDerived | 1.85% | 1.47% |
| Other Cost % of RevenueDerived | 1.16% | 1.08% |
| Interest Coverage (x)Derived | 20.52x | 47.60x |
| Period | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 7 | 6 ▼ 19.6% | 13 ▲ 129.3% | 161 ▲ 1144.3% | 351 ▲ 117.3% | 876 ▲ 149.7% | 1,598 ▲ 82.3% | 3,331 ▲ 108.5% | |
| Sales Growth YoY %Derived | — | -19.60% | 129.35% | 1,144.34% | 117.32% | 149.73% | 82.30% | 108.51% | |
| Other Income | 1 | 2 ▲ 212.8% | 2 ▲ 42.6% | 8 ▲ 241.0% | 2 ▼ 81.7% | 3 ▲ 125.9% | 15 ▲ 329.5% | 20 ▲ 38.0% | |
| Total Income | 8 | 7 ▼ 2.8% | 15 ▲ 109.2% | 170 ▲ 1001.3% | 352 ▲ 107.6% | 880 ▲ 149.6% | 1,613 ▲ 83.3% | 3,352 ▲ 107.9% | |
— | — | 4 | 129 ▲ 3305.1% | 253 ▲ 95.6% | 645 ▲ 154.9% | 1,239 ▲ 92.1% | 2,606 ▲ 110.3% | ||
| Gross ProfitDerived | 7 | 6 ▼ 19.6% | 9 ▲ 62.2% | 32 ▲ 250.2% | 98 ▲ 204.8% | 232 ▲ 136.3% | 359 ▲ 55.0% | 726 ▲ 102.2% | |
| Gross Margin %Derived | 100.00% | 100.00% | 70.73% | 19.91% | 27.92% | 26.42% | 22.47% | 21.79% | |
4 | 5 ▲ 37.3% | 2 ▼ 58.7% | 9 ▲ 294.3% | 14 ▲ 64.9% | 24 ▲ 70.8% | 48 ▲ 97.3% | 85 ▲ 76.5% | ||
| EBITDA (Operating Profit)Derived | 3 | 0 ▼ 88.8% | 7 ▲ 1861.8% | 24 ▲ 236.4% | 84 ▲ 256.3% | 207 ▲ 147.4% | 311 ▲ 50.1% | 641 ▲ 106.2% | |
| OPM %Derived | 45.11% | 6.29% | 53.84% | 14.56% | 23.86% | 23.64% | 19.46% | 19.24% | |
3 | 5 ▲ 58.1% | 6 ▲ 31.4% | 11 ▲ 76.1% | 8 ▼ 22.2% | 12 ▲ 48.0% | 17 ▲ 40.7% | 22 ▲ 27.5% | ||
| Profit Before Tax (PBT) | 1 | -3 ▼ 406.9% | 3 ▲ 235.0% | 21 ▲ 523.8% | 77 ▲ 263.0% | 198 ▲ 157.6% | 300 ▲ 51.4% | 640 ▲ 112.9% | |
3 | 1 ▼ 76.0% | 6 ▲ 778.7% | 12 ▲ 113.7% | 22 ▲ 75.9% | 50 ▲ 132.3% | 72 ▲ 42.1% | 161 ▲ 125.0% | ||
| Effective Tax %Derived | 333.26% | -26.06% | 169.59% | 58.09% | 28.15% | 25.39% | 23.81% | 25.17% | |
| Total Profit for Period | -2 | -3 ▼ 65.9% | -2 ▲ 25.5% | 9 ▲ 475.7% | 55 ▲ 522.3% | 148 ▲ 167.5% | 229 ▲ 54.6% | 479 ▲ 109.1% | |
| Less: Non-controlling Interests | — | — | — | 0 | -0 ▼ 131.4% | -0 ▲ 1.9% | -0 ▼ 166.6% | — ▲ 100.0% | |
| Net Profit (Owner's PAT)Derived | -2 | -3 ▼ 65.9% | -2 ▲ 25.5% | 9 ▲ 463.6% | 55 ▲ 544.1% | 148 ▲ 167.3% | 229 ▲ 54.7% | 479 ▲ 108.9% | |
| Net Profit Margin %Derived | -27.20% | -56.11% | -18.23% | 5.33% | 15.79% | 16.90% | 14.34% | 14.37% | |
| PAT Growth YoY %Derived | — | -65.87% | 25.47% | 463.56% | 544.15% | 167.27% | 54.70% | 108.86% | |
| Earnings Per Share (EPS ₹) | -0.38 | -0.31 ▲ 18.4% | -0.23 ▲ 25.8% | 0.83 ▲ 460.9% | 5.33 ▲ 542.2% | 14.20 ▲ 166.4% | 21.98 ▲ 54.8% | 45.87 ▲ 108.7% | |
| Diluted Shares Outstanding (Cr) | 5 | 10 ▲ 107.8% | 10 ▲ 0.0% | 10 ▲ 0.0% | 10 ▲ 0.0% | 10 ▲ 0.1% | 10 ▲ 0.1% | 10 ▲ 0.1% | |
| Other Comprehensive Income (Net of Tax) | 0 | -0 ▼ 101.2% | 0 ▲ 3320.3% | 0 ▲ 224.7% | 0 ▼ 71.8% | -0 ▼ 1356.3% | 0 ▲ 125.0% | -0 ▼ 911.2% | |
| Total Expenses (incl. D&A & Interest) | 7 | 10 ▲ 46.2% | 12 ▲ 21.5% | 149 ▲ 1136.5% | 275 ▲ 85.4% | 681 ▲ 147.4% | 1,312 ▲ 92.5% | 2,712 ▲ 106.7% | |
| Material Cost % of RevenueDerived | — | — | — | 76.66% | 72.08% | 73.58% | 77.53% | 78.21% | |
| Employee Cost % of RevenueDerived | 21.88% | 18.28% | 5.09% | 3.47% | 2.79% | 1.97% | 1.85% | 1.47% | |
| Other Cost % of RevenueDerived | 33.01% | 75.42% | 11.80% | 1.89% | 1.27% | 0.80% | 1.16% | 1.08% | |
| Interest Coverage (x)Derived | 1.13x | -0.22x | 1.22x | 2.86x | 15.24x | 29.81x | 20.52x | 47.60x |
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
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.
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.
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.
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.
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
Peer Comparison
| Company Name |
|---|
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.
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%.
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.
Analysts/Institutional Investor Meet/Con. Call Updates
Waaree Renewable Technologies Limited has informed the Exchange about Schedule of meet
Bagging/Receiving of orders/contracts
Waaree Renewable Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Awarding of order(s)/contract(s)
Waaree Renewable Technologies Limited has informed the Exchange about Awarding of order(s)/contract(s)
Analysts/Institutional Investor Meet/Con. Call Updates
Waaree Renewable Technologies Limited has informed the Exchange about Transcript
ESOP/ESOS/ESPS
Waaree Renewable Technologies Limited has informed the Exchange regarding Allotment of 33425 Shares.
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Credit Rating- Others
General Updates
Credit Rating- Others
Credit Rating- Revision
Credit Rating- Revision
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 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.

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.
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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.
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.