Waaree Energies Ltd. (WAAREEENER) fundamentals
Waaree Energies Ltd. is a listed company in Electrical Equipment, part of the Capital Goods sector, listed on the NSE as WAAREEENER (ISIN INE377N01017). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Waaree Energies Ltd. does
Waaree Energies Limited is an India-based renewable energy company. The Company is primarily engaged in the business of manufacturing of solar Photo-voltaic modules and solar cells, setting up of projects in solar space and the sale of electricity. The Company’s operating segments include Solar Photovoltaic Modules, Generation of Power, and Engineering, procurement and construction (EPC) contract. Its manufacturing plants are located in Tumb, Nandigram, Chikhli and Surat, Gujarat State, India. Its By Products include PV Modules, Inverter, Solar Kits, BESS and Electrolyzer Stacks. The PV Modules include HJT Module, N Type Module, Mono PERC, Flexible and Special Module. Its By Applications include Rooftop Solar, Flexible Solar, Small Modules, Special Modules, Energy Storage and Green Hydrogen. The Company’s solutions include EPC, Energy Storage and Green Hydrogen (Alkaline Electrolysers Turnkey).
Valuation and market data
| Last close | ₹2625.00 |
|---|---|
| Market capitalisation | ₹74,170 crore |
| Enterprise value | ₹75,026 crore |
| P/E (TTM) | 0.00 |
| Price to book | 7.73 |
| Price to sales (TTM) | 2.41 |
| Book value per share | ₹339.59 |
| Dividend yield | 7.62% |
| Sector | Capital Goods |
| Industry | Electrical Equipment |
| Listed since | Mon Oct 28 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹22,378 crore | ₹4,968 crore | ₹3,762 crore | 0.00 |
| Mar 2025 | ₹13,218 crore | ₹2,396 crore | ₹1,781 crore | 65.09 |
| Mar 2024 | ₹10,958 crore | ₹1,558 crore | ₹1,148 crore | 44.60 |
| Mar 2023 | ₹6,642 crore | ₹618 crore | ₹460 crore | 20.80 |
| Mar 2022 | ₹2,853 crore | ₹96 crore | ₹70 crore | 3.53 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 64.1% |
|---|---|
| Foreign institutions (FII) | 8.6% |
| Mutual funds | 2.8% |
| Other domestic institutions | 1.3% |
| Retail and others | 23.2% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.