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Waaree Renewab.

  • Market Cap: Mid Cap
  • Industry: Electric Equipment
  • ISIN: INE299N01021
  • NSEID: WAAREERTL
  • BSEID: 534618
INR
886.90
30.2 (3.53%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.58 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

880.00926.70

52 Week

732.053,037.75
Valuation
Technical
Day's Volume

CASH

1.58 lacs (12.75%) Volume

Shareholding (Mar 2025)

FII

1.13%

Held by 47 FIIs

DII

0.24%

Held by 0 DIIs

Promoter

74.39%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Bearish range

  • The technical trend has deteriorated from Mildly Bearish on 07-Apr-25 and has generated 5.56% returns since then
  • The stocks Bollinger Band and KST technical factors are also Bearish
2

With ROE of 62, it has a Very Expensive valuation with a 28 Price to Book Value

3

Despite the size of the company, domestic mutual funds hold only 0% of the company

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Electric Equipment

stock-summary
Market cap

INR 9,246 Cr (Mid Cap)

stock-summary
P/E

48.00

stock-summary
Industry P/E

60

stock-summary
Dividend Yield

0.23%

stock-summary
Debt Equity

-0.50

stock-summary
Return on Equity

61.98%

stock-summary
Price to Book

28.04

Revenue and Profits (1 Year):
Net Sales:
360 Cr
(Quarterly Results - Dec 2024)
Net Profit:
54 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.23%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-49.49%
0.07%
-49.42%
1 Year
-52.79%
0.08%
-52.71%
2 Years
377.78%
1.53%
379.31%
3 Years
1126.19%
5.94%
1132.13%
4 Years
8346.67%
20.00%
8366.67%
5 Years
47944.42%
194.44%
48138.86%

Latest dividend: 1 per share ex-dividend date: Jan-24-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
302.18%
EBIT Growth (5y)
258.09%
EBIT to Interest (avg)
12.60
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.98
Tax Ratio
25.82%
Dividend Payout Ratio
7.03%
Pledged Shares
0
Institutional Holding
1.37%
ROCE (avg)
64.88%
ROE (avg)
35.56%
Valuation key factors
Factor
Value
P/E Ratio
48
Industry P/E
60
Price to Book Value
28.04
EV to EBIT
34.61
EV to EBITDA
33.75
EV to Capital Employed
55.31
EV to Sales
6.29
PEG Ratio
0.63
Dividend Yield
0.23%
ROCE (Latest)
169.67%
ROE (Latest)
61.98%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 47 FIIs (1.13%)

Promoter with highest holding

Waaree Energies Limited (74.39%)

Highest Public shareholder

Hitesh P Mehta (1.06%)

Individual Investors Holdings

19.57%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 11.15% vs 338.81% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -16.72% vs 156.28% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "360.35",
          "val2": "324.19",
          "chgp": "11.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "71.92",
          "val2": "87.81",
          "chgp": "-18.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.35",
          "val2": "0.08",
          "chgp": "4,087.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "53.51",
          "val2": "64.25",
          "chgp": "-16.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.96%",
          "val2": "27.09%",
          "chgp": "-7.13%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 172.70% vs 29.41% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 177.89% vs 62.89% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "760.82",
          "val2": "279.00",
          "chgp": "172.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "112.64",
          "val2": "44.08",
          "chgp": "155.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "7.11",
          "val2": "3.15",
          "chgp": "125.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "81.84",
          "val2": "29.45",
          "chgp": "177.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.81%",
          "val2": "15.80%",
          "chgp": "-0.99%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 85.87% vs 108.38% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 44.45% vs 117.15% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,121.17",
          "val2": "603.19",
          "chgp": "85.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "184.56",
          "val2": "131.89",
          "chgp": "39.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "10.46",
          "val2": "3.23",
          "chgp": "223.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "135.35",
          "val2": "93.70",
          "chgp": "44.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.46%",
          "val2": "21.87%",
          "chgp": "-5.41%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 149.73% vs 117.31% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 167.29% vs 544.42% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "876.44",
          "val2": "350.96",
          "chgp": "149.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "207.19",
          "val2": "83.74",
          "chgp": "147.42%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.77",
          "val2": "5.30",
          "chgp": "27.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "148.13",
          "val2": "55.42",
          "chgp": "167.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.64%",
          "val2": "23.86%",
          "chgp": "-0.22%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
360.35
324.19
11.15%
Operating Profit (PBDIT) excl Other Income
71.92
87.81
-18.10%
Interest
3.35
0.08
4,087.50%
Exceptional Items
0.00
0.00
Consolidate Net Profit
53.51
64.25
-16.72%
Operating Profit Margin (Excl OI)
19.96%
27.09%
-7.13%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 11.15% vs 338.81% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -16.72% vs 156.28% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
760.82
279.00
172.70%
Operating Profit (PBDIT) excl Other Income
112.64
44.08
155.54%
Interest
7.11
3.15
125.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
81.84
29.45
177.89%
Operating Profit Margin (Excl OI)
14.81%
15.80%
-0.99%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 172.70% vs 29.41% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 177.89% vs 62.89% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,121.17
603.19
85.87%
Operating Profit (PBDIT) excl Other Income
184.56
131.89
39.93%
Interest
10.46
3.23
223.84%
Exceptional Items
0.00
0.00
Consolidate Net Profit
135.35
93.70
44.45%
Operating Profit Margin (Excl OI)
16.46%
21.87%
-5.41%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 85.87% vs 108.38% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 44.45% vs 117.15% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
876.44
350.96
149.73%
Operating Profit (PBDIT) excl Other Income
207.19
83.74
147.42%
Interest
6.77
5.30
27.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
148.13
55.42
167.29%
Operating Profit Margin (Excl OI)
23.64%
23.86%
-0.22%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 149.73% vs 117.31% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 167.29% vs 544.42% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Waaree Renewables Technologies Ltd stock-summary
stock-summary
Waaree Renewables Technologies Ltd
Mid Cap
Electric Equipment
Sangam Renewables Limited was originally incorporated on 22 June 1999. The Company got converted into a Public Company on November 18, 2011 and thereafter the name 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.
Company Coordinates stock-summary
Company Details
504-B Western Edge-1, Off W/E Highway Borivali (E) Mumbai Maharashtra : 400066
stock-summary
Tel: 91-22-43331500
stock-summary
stock-summary
info@sangamrenew.com
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai
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