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Waaree Renewables Technologies Ltd

(534618)

₹1685.455%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    ₹1,553.1
    ₹1,685.45
  • 52 Week's Low

    52 Week's High

    ₹235.99
    ₹3,037.75
1 Month Return+ 6.07 %
3 Month Return-20.67 %
1 Year Return+ 533.79 %
Previous Close₹1,605.20
Open₹1,685.45
Volume12.73L
Upper Circuit-
Lower Circuit-
Market Cap₹16,721.62Cr

Key Statistics

P/E Ratio102.87
PEG Ratio9.3
Market Cap₹16,721.62 Cr
P/B Ratio56.44
EPS14.21
Dividend Yield0
SectorPower Infrastructure
ROE80.34

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹16,721.62 Cr11739.71%0.52₹148 Cr₹876 Cr
NA₹1,606.23 Cr0.17%0.66-₹30 Cr₹242 Cr
BUY₹10,731.85 Cr754.24%0.78₹161 Cr₹1,023 Cr
NA₹3,973.96 Cr110.66%0.65₹10 Cr₹136 Cr

Company Information

Waaree Renewable Technologies Limited (formerly, Sangam Renewables Ltd) was incorporated in 1999 and converted into a public company in 2011. It operates in the renewable energy resources sector, primarily involved in generating power and providing consultancy services. In 2018, it commissioned a 1.66 MW rooftop project and inked deals for 10.7 MW rooftop projects spread over 6 to 9 months and 154 agrifeeder projects in Maharashtra. During 2019-2020, it allotted 10.8 million equity shares to Waaree Energies Limited (Promoter Group Company) and acquired 100% stake of the paid up capital of two companies - Waaree PV Technologies Pvt Ltd and Waasang Solar Private Limited. During the same period, the Company divested its entire investments held in Waacox Energy Private Limited and is no longer a material subsidiary.

Share Price: ₹1685.45 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹16,721.62Cr as of today
Revenue: ₹236.35Cr as on June 2024 (Q2 24)
Net Profit: ₹28.16Cr as on June 2024 (Q2 24)
Listing date: 01 Jan, 0001
Chairperson Name: Nilesh Gandhi
OrganisationWaaree Renewables Technologies Ltd
Headquarters
IndustryPower Infrastructure
E-voting on sharesClick here to vote

Key events for Waaree Renewables Technologies Ltd

  • Waaree Renewable Technologies Declares Final Dividend - 09 Sep, 2024

    Waaree Renewable Technologies Ltd has announced a final dividend of Re 1 per share, with the ex-dividend date set for September 9, 2024.

  • Waaree Renewable Technologies Secures Solar Project - 06 Sep, 2024

    Waaree Renewable Technologies has been awarded a contract for a 3.4 MW solar project valued at ₹8.58 crore, set for completion in 2024-25. The project supports India's renewable energy goals.

  • Waaree Renewable Technologies Declares 50% Dividend - 02 Sep, 2024

    Waaree Renewable Technologies Ltd announced a 50% dividend for FY 2024, with a record date set for September 9, 2024. The stock has shown remarkable growth, gaining 70,468% over the last decade and 59,546.83% in five years. Despite a recent dip, the stock has delivered substantial returns, outperforming the benchmark BSE Utilities index significantly.

  • Waaree Renewable Technologies Declares 50% Dividend - 27 Aug, 2024

    Waaree Renewable Technologies announced a 50% dividend payout, with shares surging over 59,561% in five years. The stock is trading positively, reflecting strong performance.

  • Waaree Renewable Announces Dividend and Strong Returns - 22 Aug, 2024

    Waaree Renewable Technologies has announced a 50% final dividend for FY24, with shares delivering 1773.64% returns over two years. The stock has surged 238.41% YTD and closed at Rs 1485.05, reflecting strong performance against its benchmark.

  • Waaree Renewable Technologies Declares Dividend Post Stock Split - 20 Aug, 2024

    Waaree Renewable Technologies has fixed September 9, 2024, as the record date for a 50% dividend payout after a 1:5 stock split. The company has seen impressive returns of 235% in 2024 and 459% over the past year.

Insights on Waaree Renewables Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.20% to 0.83% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, Waaree Renewab. stock has moved up by 4387.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.46% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 324.68 Cr → 239.12 Cr (in ₹), with an average decrease of 14.2% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 64.48 Cr → 28.3 Cr (in ₹), with an average decrease of 32.6% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.33% to 24.70% in Jun 2024 quarter

Waaree Renewables Technologies Ltd Infographics

Waaree Renewables Technologies Ltd Q1 FY2024-2025 Results: Key Insights

Waaree Renewable Q1FY25 profit tripples YoY

  • Waaree Renewable Q1FY25 profit tripples YoY

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹128.94Cr (-)₹150.06Cr (↑16.38%)₹324.19Cr (↑116.04%)₹273.31Cr (↓15.69%)₹236.35Cr (↓13.52%)
Net Income₹9.13Cr (-)₹18.29Cr (↑100.33%)₹64.46Cr (↑252.43%)₹51.31Cr (↓20.40%)₹28.16Cr (↓45.12%)
Net Profit Margin7.08% (-)12.19% (↑72.18%)19.88% (↑63.08%)18.77% (↓5.58%)11.91% (↓36.55%)
Value in ₹ crore
Details2021202220232024
Total Assets₹83.47Cr (-)₹132.12Cr (↑58.28%)₹254.55Cr (↑92.67%)₹696.29Cr (↑173.54%)
Total Liabilities₹50.69Cr (-)₹79.91Cr (↑57.64%)₹143.12Cr (↑79.10%)₹436.93Cr (↑205.29%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3.30Cr (-)₹3.27Cr (↓0.91%)₹33.52Cr (↑925.08%)₹58.15Cr (↑73.48%)₹117.53Cr (↑102.12%)

Index Inclusions

S&P BSE Utilities

₹6,517.21

-0.06 (-4.07%)

BSE Small-Cap

₹56,915.93

-0.52 (-299.02%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.46%
0.00
Foreign Institutions
0.83%
323.14
Mutual Funds
0%
0.00
Retail Investors
24.7%
-2.50
Others
0.01%
-6.90

Key Indicators

Details20202021202220232024
Book Value Per Share (₹)2.492.142.878.1822.3
Details20202021202220232024
Earning Per Share (₹)-0.31-0.230.855.3214.21
Details20202021202220232024
Return On Equity %-1.567.4148.0172.6180.34
Details20202021202220232024
Return On Assets %-4.65-2.846.5121.7721.27

Waaree Renewables Technologies Ltd Valuation

Waaree Renewables Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-3338.89x)

December 29, 2021

Industry (78.19x)

September 17, 2024

Today (102.87x)

September 17, 2024

Highest (1152.82x)

February 7, 2022

LowHigh

Earnings and Dividends

  • Waaree Renewables Technologies Ltd Earnings Results

    Waaree Renewables Technologies Ltd’s net profit jumped 209.63% since last year same period to ₹28.30Cr in the Q1 2024-2025. On a quarterly growth basis, Waaree Renewables Technologies Ltd has generated -44.88% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Waaree Renewables Technologies Ltd Dividends May,2024

    In the quarter ending March 2024, Waaree Renewables Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.12%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Waaree Renewables Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Waaree Renewables Technologies Ltd (534618) share price today is ₹1685.45

Waaree Renewables Technologies Ltd is not listed on NSE

Waaree Renewables Technologies Ltd is listed on BSE

  • Today’s highest price of Waaree Renewables Technologies Ltd is ₹1685.45.
  • Today’s lowest price of Waaree Renewables Technologies Ltd is ₹1553.1.

PE Ratio of Waaree Renewables Technologies Ltd is 102.87

PE ratio = Waaree Renewables Technologies Ltd Market price per share / Waaree Renewables Technologies Ltd Earnings per share

Today’s traded volume of Waaree Renewables Technologies Ltd(534618) is 12.73L.

Today’s market capitalisation of Waaree Renewables Technologies Ltd(534618) is ₹16721.62Cr.

Waaree Renewables Technologies Ltd(534618Price
52 Week High
₹3037.75
52 Week Low
₹235.99

Waaree Renewables Technologies Ltd(534618) share price is ₹1685.45. It is down -44.52% from its 52 Week High price of ₹3037.75

Waaree Renewables Technologies Ltd(534618) share price is ₹1685.45. It is up 614.20% from its 52 Week Low price of ₹235.99

Waaree Renewables Technologies Ltd(534618Returns
1 Day Returns
80.25%
1 Month Returns
6.07%
3 Month Returns
-20.67%
1 Year Returns
533.79%