Waaree Energies Ltd Stock Price Today (NSE: WAAREEENER)
Fundamental Score
Waaree Energies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Waaree Energies Ltd share price today is ₹3096.10, down 1.42% on NSE/BSE as of 1 June 2026. Waaree Energies Ltd (WAAREEENER) is a Large-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹91.44K (Cr). The 52-week high for WAAREEENER share price is ₹3865.00 and the 52-week low is ₹2403.00. At a P/E ratio of 33.84x, WAAREEENER is currently trading above its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 27.42% and a debt-to-equity ratio of 0.26.
Waaree Energies Ltd Share Price Chart — NSE/BSE Historical Performance
Waaree Energies Ltd share price chart: -7.48% return over the past month. 52-week high ₹3865.00, 52-week low ₹2403.00.
Waaree Energies Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹3120.00 | ₹3144.20 | ₹3064.50 | ₹3085.30 | 10.15L (Cr) | |
| ₹3212.00 | ₹3233.00 | ₹3115.00 | ₹3125.20 | 10.18L (Cr) | |
| ₹3220.00 | ₹3266.90 | ₹3196.20 | ₹3208.80 | 9.37L (Cr) | |
| ₹3250.00 | ₹3292.80 | ₹3220.30 | ₹3230.10 | 12.88L (Cr) | |
| ₹3240.00 | ₹3258.50 | ₹3192.40 | ₹3226.60 | 9.94L (Cr) | |
| ₹3207.50 | ₹3247.70 | ₹3186.10 | ₹3225.10 | 13.49L (Cr) | |
| ₹3117.00 | ₹3197.00 | ₹3116.20 | ₹3181.70 | 12.13L (Cr) | |
| ₹3159.80 | ₹3165.00 | ₹3101.80 | ₹3136.30 | 16.55L (Cr) | |
| ₹3118.80 | ₹3118.80 | ₹3118.80 | ₹3118.80 | 0.00 (Cr) | |
| ₹3300.00 | ₹3324.90 | ₹3100.00 | ₹3118.80 | 81.09L (Cr) |
Waaree Energies Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹3118.80 | ₹3292.80 | ₹3064.50 | ₹3085.30 | -1.07% | |
| ₹3220.00 | ₹3557.00 | ₹2980.80 | ₹3118.80 | -3.14% | |
| ₹2588.20 | ₹3243.40 | ₹2541.00 | ₹3109.80 | +20.15% | |
| ₹2635.00 | ₹3214.00 | ₹2570.00 | ₹2709.30 | +2.82% | |
| ₹2970.00 | ₹2994.30 | ₹2403.00 | ₹2787.50 | -6.14% | |
| ₹3200.00 | ₹3229.40 | ₹2825.00 | ₹2968.10 | -7.25% | |
| ₹3423.00 | ₹3475.10 | ₹3075.10 | ₹3172.50 | -7.32% | |
| ₹3344.00 | ₹3716.72 | ₹3270.00 | ₹3427.40 | +2.49% | |
| ₹3447.90 | ₹3865.00 | ₹3142.70 | ₹3328.40 | -3.47% | |
| ₹3024.90 | ₹3496.80 | ₹2830.50 | ₹3402.00 | +12.47% | |
| ₹3178.00 | ₹3342.00 | ₹2905.00 | ₹2992.40 | -5.84% | |
| ₹2984.90 | ₹3154.00 | ₹2641.00 | ₹3139.40 | +5.18% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Waaree is a high-growth solar play, but stretched valuation and execution risks warrant caution.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Waaree Energies is preparing to announce its Q4 FY26 results in May 2026, with analysts projecting revenue between -5,000 Cr and PAT of -510 Cr. A new 3000 MW annual capacity solar module facility in Gujarat has commenced commercial production. Waaree also received an ESG rating of 66 in the 'Aspiring' category from NSE Analytics.
CORE STORY (THE REAL GAME)
Waaree is being priced as a direct play on India's aggressive solar capacity expansion targets, riding the wave of government incentives and increasing domestic demand. The market sees them as a prime beneficiary of the renewable energy push, not just a module manufacturer.
- Q4 results in May 2026 will be a key catalyst
- New capacity additions coming online
- Strong order book provides revenue visibility
- Positive Q4 FY26 results and FY27 guidance
- New large order wins
- Further policy support for domestic solar manufacturing
- High valuation relative to peers
- Execution risk on large capex projects
- Potential solar module oversupply in India
FII increased their stake significantly (Δ 3.67%).
Government focus on renewable energy provides a strong tailwind.
Order book at approximately ₹60,000 crore.
Yes - Free Cash Flow 5Y: ₹1718.58 Cr
Next 3-6 months hinge on Q4 results and management commentary. Watch for order inflow momentum and capacity utilization rates.
Primary Thesis Risk
Oversupply and margin compression in the solar module market.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Waaree Energies Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Waaree Energies Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of WAAREEENER across key market metrics for learning purposes.
Positive Indicators
12 factors identified
Strong Return on Equity (27.42%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (34.94%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Robust Profit Growth (132.97%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (69.70%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (48.57% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (97.96% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (113.45% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.26)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (17.37x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹1718.58 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (64.22%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
1 factors identified
Limited Institutional Interest (FII+DII: 9.17%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Waaree Energies Ltd vs Other Electrical Equipment Peers
Peer Comparison - Other Electrical Equipment
Compare Waaree Energies Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Waaree Energies LtdWaaree Energies...Selected✓ WAAREEENER • 544277 | 71.5/100 | ₹3096.10₹3096 | ₹91438.11₹91438.11 | 33.84Average 33.8 Average | 27.42%Excellent 27.42% Excellent | 34.94%Excellent 34.94% Excellent | 0.26Excellent 0.3 Excellent | 113.45%Excellent 113.45% Excellent | 48.57%Excellent 48.57% Excellent | 0.06% |
Premier Energies LtdPremier Energie... PREMIERENE • 544238 | 64.5/100 | ₹983.10₹983 | ₹44040.04₹44040.04 | 36.88Average 36.9 Average | 53.55%Excellent 53.55% Excellent | 41.12%Excellent 41.12% Excellent | 0.47Excellent 0.5 Excellent | 90.49%Excellent 90.49% Excellent | 47.08%Excellent 47.08% Excellent | 0.10% |
Apar Industries LtdApar Industries... APARINDS • 532259 | 65.3/100 | ₹13426.00₹13426 | ₹36085.34₹36085.34 | 38.41Average 38.4 Average | 19.50%Good 19.50% Good | 32.70%Excellent 32.70% Excellent | 0.14Excellent 0.1 Excellent | 43.37%Excellent 43.37% Excellent | 20.14%Excellent 20.14% Excellent | 0.57% |
Waaree Renewable Technologies LtdWaaree Renewabl... WAAREERTL • 534618 | 74.9/100 | ₹941.10₹941 | ₹10979.37₹10979.37 | 31.09Average 31.1 Average | 65.56%Excellent 65.56% Excellent | 82.31%Excellent 82.31% Excellent | 0.12Excellent 0.1 Excellent | 142.51%Excellent 142.51% Excellent | 208.91%Excellent 208.91% Excellent | 0.09% |
Genus Power Infrastructures LtdGenus Power Inf... GENUSPOWER • 530343 | 58.9/100 | ₹309.35₹309 | ₹9570.41₹9570.41 | 20.24Average 20.2 Average | 17.49%Good 17.49% Good | 19.21%Good 19.21% Good | 0.93Good 0.9 Good | 25.78%Excellent 25.78% Excellent | 18.16%Excellent 18.16% Excellent | 0.78% |
Vikram SolarVikram Solar... VIKRAMSOLR • 544488 | 47.4/100 | ₹201.51₹202 | ₹9346.40₹9346.40 | 35.82Average 35.8 Average | 16.57%Good 16.57% Good | 26.45%Excellent 26.45% Excellent | 0.09Excellent 0.1 Excellent | 46.46%Excellent 46.46% Excellent | 15.86%Excellent 15.86% Excellent | 0.00% |
Diamond Power Infrastructure LtdDiamond Power I... DIACABS • 522163 | 29.8/100 | ₹198.20₹198 | ₹7856.11₹7856.11 | 127.18Average 127.2 Average | — — | — — | — — | — — | — — | 0.00% |
Avalon Technologies LtdAvalon Technolo... AVALON • 543896 | 54.2/100 | ₹1497.10₹1497 | ₹6368.58₹6368.58 | 72.82Average 72.8 Average | 10.35%Average 10.35% Average | 12.76%Average 12.76% Average | 0.25Excellent 0.3 Excellent | 39.01%Excellent 39.01% Excellent | 11.34%Good 11.34% Good | 0.00% |
67.8/100 | ₹1801.50₹1802 | ₹5112.09₹5112.09 | 22.09Average 22.1 Average | 48.35%Excellent 48.35% Excellent | 42.31%Excellent 42.31% Excellent | 0.50Excellent 0.5 Excellent | 188.74%Excellent 188.74% Excellent | 115.44%Excellent 115.44% Excellent | 0.00% | |
Shilchar Technologies LtdShilchar Techno... SHILCTECH • 531201 | 76.3/100 | ₹4034.95₹4035 | ₹4654.72₹4654.72 | 26.21Average 26.2 Average | 52.93%Excellent 52.93% Excellent | 71.30%Excellent 71.30% Excellent | 0.00Excellent 0.0 Excellent | 151.28%Excellent 151.28% Excellent | 54.29%Excellent 54.29% Excellent | 0.31% |
Websol Energy Systems LtdWebsol Energy S... WEBELSOLAR • 517498 | 39.4/100 | ₹100.55₹101 | ₹4395.91₹4395.91 | 21.62Average 21.6 Average | 80.17%Excellent 80.17% Excellent | 59.25%Excellent 59.25% Excellent | 0.41Excellent 0.4 Excellent | 68.54%Excellent 68.54% Excellent | 24.10%Excellent 24.10% Excellent | 0.00% |
Top Other Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Premier Energies Ltd share price44040.04 Cr
- Apar Industries Ltd share price36085.34 Cr
- Waaree Renewable Technologies Ltd share price10979.37 Cr
- Genus Power Infrastructures Ltd share price9570.41 Cr
- Vikram Solar share price9346.40 Cr
Waaree Energies Ltd PE Ratio History
Historical price-to-earnings ratio for WAAREEENER — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹67.96 | ₹2968.10 | 43.7x |
| FY 2024 | ₹43.06 | ₹2854.60 | 66.3x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Waaree Energies Ltd Dividend History
Annual cash dividends paid by WAAREEENER — dividend yield 0.06%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2024 | ₹0.53 Cr |
| FY 2023 | ₹0.27 Cr |
| FY 2022 | ₹0.48 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Waaree Energies Ltd Quarterly Performance
Latest quarterly metrics for WAAREEENER — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
69.70%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
132.97%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
48.57%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
113.45%
Compounded annual net profit growth over 5 years
Waaree Energies Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for WAAREEENER — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Waaree Energies Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Waaree Energies Ltd (WAAREEENER) — sourced from NSE/BSE filings.
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About WAAREEENER (Waaree Energies Ltd)
Waaree Energies Ltd is a dynamic force within the burgeoning landscape of renewable energy solutions, specializing in the design, production, and distribution of cutting-edge solar... photovoltaic (PV) modules. More than just a manufacturer, Waaree Energies crafts integrated ecosystems for sustainable energy generation, tailored to diverse applications. From powering sprawling industrial complexes to energizing individual homes, the company provides a spectrum of solutions driven by innovation and environmental consciousness. Their dedication extends to delivering comprehensive support and maintenance services to ensure enduring performance and maximize the return on investment for their clientele. With a commitment to technological advancement and customer satisfaction, Waaree Energies strives to make clean, reliable, and affordable solar power a tangible reality for businesses and communities alike. Waaree Energies' operational footprint extends across three strategic pillars: Solar Photovoltaic Module Manufacturing, encompassing the core of their production capabilities; EPC and O&M Solutions, providing engineering, procurement, and construction services alongside ongoing maintenance and operational support; and the Independent Power Producer segment, showcasing their commitment to renewable energy generation. This multifaceted approach enables Waaree Energies to not only manufacture high-quality solar modules but also offer complete turnkey solutions and actively contribute to the growth of solar energy infrastructure. By integrating these segments, Waaree Energies demonstrates their dedication to driving the adoption of solar power across a wide range of industries and applications, solidifying their position as a leader in the renewable energy sector. Waaree Energies' product portfolio showcases a diverse range of technological innovations, featuring everything from advanced HJT (Heterojunction Technology) and TOPCon (Tunnel Oxide Passivated Contact) modules to conventional mono PERC, polycrystalline, flexible, and specialized modules tailored for unique needs. Complementing their module offerings are a variety of inverters, both off-grid and on-grid, designed to seamlessly integrate with their solar PV systems. Furthermore, Waaree Energies delivers a comprehensive suite of solar products, including solar streetlights for sustainable public lighting, solar water heaters for efficient residential and commercial use, and solar water pumps for agricultural and irrigation purposes. This extensive and diversified offering underscores Waaree Energies' commitment to providing complete solar solutions and fostering energy independence across diverse sectors.
Company Details
Key Leadership
Corporate Events
Latest News
WAAREEENER Share Price: Frequently Asked Questions
What is the current share price of Waaree Energies Ltd?
Waaree Energies Ltd (WAAREEENER) trades at ₹3096.10 on NSE and BSE. Market cap ₹91.44K (Cr). Educational data only.
What is the P/E ratio of Waaree Energies Ltd?
Waaree Energies Ltd has a P/E of 33.84x vs industry average 33.84x.
What is the Bull Run score for Waaree Energies Ltd?
Waaree Energies Ltd has a Bull Run score of 71.5/100 based on 25+ financial parameters.
Does Waaree Energies Ltd pay dividends?
Waaree Energies Ltd has a dividend yield of 0.06%. Past dividends don't guarantee future payments.
What is the ROE of Waaree Energies Ltd?
Waaree Energies Ltd has ROE of 27.42%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Waaree Energies Ltd?
Waaree Energies Ltd has debt-to-equity of 0.26.
Is Waaree Energies Ltd a good investment?
Bull Run gives Waaree Energies Ltd a score of 71.5/100. This is not investment advice — consult a SEBI-registered advisor.