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Waaree Renewables Technologies

WAAREERTL
Small Cap
(%) 1D
1D1W1M3M6M1YMAX

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Waaree Renewables Technologies Share price and Fundamental Analysis

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Sangam Renewables Ltd was originally incorporated on 22 June 1999. The Company got converted into a Public Company on November 18, 2011 and thereafter the name of the Company was changed from Sangam Renewables Limited' to Waaree Renewable Technologies Limited' vide fresh Certificate of Incorporation issued by the Registrar of Companies on July 19, 2021. Since the Company has solar generation site located in the State of Maharashtra, it operates in generation of power business through renewable energy resources and also in providing consultancy service.
Company Incorporation1999
ChairmanNilesh Gandhi
Head QuartersNA
WebsiteNA
Previous NameSangam Renewables Ltd

Key Metrics

Market Cap (Cr)
10,008
PE Ratio
43.09
Industry P/E
34.57
PEG Ratio
0.72
ROE
50.32%
ROCE
65.31%
ROA
20.44%
Total Debt (Cr)
27.37
Debt to Equity
0.06
Dividend Yield
0.1%
EPS
22.28
Book Value & P/B
43.81 x 21.91
Face Value
2
Outstanding Shares(Cr)
10.42
Current Ratio
1.33
EV to Sales
6.16

Stock Returns

1 Week-12.33%
1 Month+12.09%
6 Months+12.09%
1 Year+12.09%
3 Years+12.09%
5 Years+12.09%

CAGR

1 Year CAGR

Revenue Growth

+149.73%

Net Profit Growth

+167.55%

Operating Profit Growth

+147.01%

Dividend Growth

0%

Stock Returns CAGR

+12.09%
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3.3
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Corporate Action

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Financials

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Mar 25

Promoters : 74.39%

FIIs : 1.13%

DIIs : 0.24%

Public : 24.24%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 0.14% to 1.13% in March 2025 Qtr
DII Shareholding Increased by 0.23% to 0.24% in March 2025 Qtr

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ROE

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ROCE

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ROA

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Dividend History

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Waaree Renewables Technologies Competitors

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5 Year FactSheet

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Waaree Renewables Technologies Management and History

Company Management

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Company History

Sangam Renewables Ltd was originally incorporated on 22 June 1999. The Company got converted into a Public Company on November 18, 2011 and thereafter the name of the Company was changed from Sangam Renewables Limited' to Waaree Renewable Technologies Limited' vide fresh Certificate of Incorporation issued by the Registrar of Companies on July 19, 2021. Since the Company has solar generation site located in the State of Maharashtra, it operates in generation of power business through renewable energy resources and also in providing consultancy service.

During year 2018, the Company commissioned 1.66 MW rooftop project, inked 10.7 MW roof-top projects to be executed over 6 to 9 months and signed PPA for 154 agri-feeder projects in Maharashtra.

During FY 2019-20, the Company commissioned 1.64 MWp rooftop projects, signed PPAs for 18.60 MWp rooftop and ground mounted projects. A total of 42.2 MWp are under construction.

During the year 2019-20, the Company allotted 10,800,000 equity shares of the face value of Rs.10/- each to Waaree Energies Limited, a Promoter Group Company and with this allotment, the Company became subsidiary of Waaree Energies Limited effective from April 08, 2019.

During FY 2019-20, the Company acquired 10000 equity shares of face value of Rs. 10/- each of Waaree PV Technologies Pvt Ltd representing 100% of the paid up equity share capital of the Company and with this acquisition, Waaree PV Technologies Pvt Ltd became the wholly owned subsidiary of the Company with effect from April 08, 2019.

During the year 2019-20, the Company acquired balance 2600 equity shares of face value of Rs 10/- each of Waasang Solar Private Limited representing 100% of the paid up equity share capital of the Company and with this acquisition, Waasang Solar Private Limited became the wholly owned subsidiary of the Company with effect from December 10, 2019.

The Company had divested its entire investments held in Waacox Energy Private Limited and is ceased to be the material subsidiary company of the Company with effect from July 5 ,2021.

Waaree Renewables Technologies Share Price

Waaree Renewables Technologies share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Waaree Renewables Technologies Market Cap

Market capitalization of Waaree Renewables Technologies indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Waaree Renewables Technologies is valued compared to its competitors.

Waaree Renewables Technologies PE Ratio

Waaree Renewables Technologies PE ratio helps investors understand what is the market value of each stock compared to Waaree Renewables Technologies 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Waaree Renewables Technologies PEG Ratio

The PEG ratio of Waaree Renewables Technologies evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Waaree Renewables Technologies ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Waaree Renewables Technologies generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Waaree Renewables Technologies ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Waaree Renewables Technologies in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Waaree Renewables Technologies Total Debt

Total debt of Waaree Renewables Technologies shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Waaree Renewables Technologies Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Waaree Renewables Technologies compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Waaree Renewables Technologies CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Waaree Renewables Technologies over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Waaree Renewables Technologies Technical Analysis

Technical analysis of Waaree Renewables Technologies helps investors get an insight into when they can enter or exit the stock. Key components of Waaree Renewables Technologies Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Waaree Renewables Technologies shares often struggle to rise above due to selling pressure.

Waaree Renewables Technologies Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Waaree Renewables Technologies ’s financial health and profitability.

Waaree Renewables Technologies Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Waaree Renewables Technologies Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Waaree Renewables Technologies Financials

The financials of Waaree Renewables Technologies provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Waaree Renewables Technologies Profit and Loss Statements

The profit and loss statement of Waaree Renewables Technologies highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Waaree Renewables Technologies .

Waaree Renewables Technologies Balance Sheet

The balance sheet presents a snapshot of Waaree Renewables Technologies ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Waaree Renewables Technologies Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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