Waaree Renewable Technologies Ltd Stock Price Today (NSE: WAAREERTL)
Waaree Renewable Technologies Ltd
Fundamental Score
Waaree Renewable Technologies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Waaree Renewable Technologies Ltd share price today is ₹1020.40, up +0.00% on NSE/BSE as of 23 July 2026. Waaree Renewable Technologies Ltd (WAAREERTL) is a Mid-cap company in the Other Electrical Equipment sector with a market capitalisation of ₹10.38K (Cr). The 52-week high for WAAREERTL share price is ₹1358.00 and the 52-week low is ₹779.50. At a P/E ratio of 21.51x, WAAREERTL is currently trading below its industry average P/E of 31.11x. The company has a Return on Equity (ROE) of 69.12% and a debt-to-equity ratio of 0.12.
Waaree Renewable Technologies Ltd Share Price Chart — NSE/BSE Historical Performance
Waaree Renewable Technologies Ltd share price chart: 1.52% return over the past month. 52-week high ₹1358.00, 52-week low ₹779.50.
Waaree Renewable Technologies Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹1008.00 | ₹1022.80 | ₹998.10 | ₹1020.40 | 2.47L (Cr) | |
| ₹1003.20 | ₹1024.70 | ₹994.90 | ₹999.20 | 1.77L (Cr) | |
| ₹995.90 | ₹1020.10 | ₹987.60 | ₹1003.20 | 1.22L (Cr) | |
| ₹993.50 | ₹1007.00 | ₹990.30 | ₹993.90 | 1.09L (Cr) | |
| ₹1000.00 | ₹1002.00 | ₹987.90 | ₹994.90 | 1.27L (Cr) | |
| ₹1009.90 | ₹1011.90 | ₹1001.50 | ₹1007.20 | 1.26L (Cr) | |
| ₹992.00 | ₹1020.00 | ₹992.00 | ₹1016.30 | 2.06L (Cr) | |
| ₹979.00 | ₹1003.60 | ₹978.00 | ₹989.60 | 1.60L (Cr) | |
| ₹1005.10 | ₹1016.70 | ₹970.30 | ₹977.90 | 2.31L (Cr) | |
| ₹1015.00 | ₹1021.00 | ₹993.80 | ₹1011.10 | 1.79L (Cr) |
Waaree Renewable Technologies Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹1018.00 | ₹1062.00 | ₹970.30 | ₹1020.40 | +0.24% | |
| ₹983.95 | ₹1038.50 | ₹918.00 | ₹1018.25 | +3.49% | |
| ₹1030.00 | ₹1070.90 | ₹907.10 | ₹974.00 | -5.44% | |
| ₹815.95 | ₹1202.00 | ₹802.70 | ₹1017.60 | +24.71% | |
| ₹800.00 | ₹882.35 | ₹779.50 | ₹782.30 | -2.21% | |
| ₹894.95 | ₹969.00 | ₹810.00 | ₹853.10 | -4.68% | |
| ₹970.00 | ₹1028.00 | ₹860.10 | ₹905.40 | -6.66% | |
| ₹1069.90 | ₹1081.80 | ₹916.30 | ₹967.60 | -9.56% | |
| ₹1246.10 | ₹1255.60 | ₹1048.00 | ₹1061.40 | -14.82% | |
| ₹1050.00 | ₹1358.00 | ₹1033.00 | ₹1240.60 | +18.15% | |
| ₹1025.10 | ₹1158.70 | ₹1002.70 | ₹1048.00 | +2.23% | |
| ₹1051.20 | ₹1082.70 | ₹987.40 | ₹1023.60 | -2.63% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Overvalued EPC contractor with micro-cap risk, avoid until the policy tailwinds translate to sustainable profits.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Waaree Renewable Technologies (WAAREERTL) has seen negative price action recently, with a 1-month decline of -14.98%. However, longer-term performance shows some resilience, with 3-month return of 3.37%.
CORE STORY (THE REAL GAME)
Waaree is an EPC play on India's aggressive solar build-out. Not a tech company, but a construction firm levered to government policy and execution.
- Recent price decline suggests fading momentum
- Micro-cap liquidity risk remains a concern
- High valuation leaves little room for error
- Further large order wins
- Faster project execution
- Positive policy announcements
- Micro-cap: Liquidity risk is high
- High dependence on government policies
- Execution risk on large EPC projects
FII holdings are negligible at 1.38% (Δ 0.07%) [cite: brief]. DII holdings are even lower at 0.12% (Δ -0.02%) [cite: brief].
India's push for renewable energy provides a strong tailwind.
Waaree Renewable Technologies signed a contract to execute EPC works for a 300 MW AC (420 MWp) ground-mounted solar photovoltaic project.
Free Cash Flow 5Y: ₹252.25 Cr [cite: brief] - Profit converting to cash, but needs monitoring.
Relying on continued order wins and flawless execution to justify valuation. Policy risks and execution challenges loom.
Primary Thesis Risk
Policy changes or execution delays can derail the entire investment thesis.
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 Renewable Technologies 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 Renewable Technologies Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of WAAREERTL across key market metrics for learning purposes.
Positive Indicators
14 factors identified
Strong Return on Equity (69.12%)
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 (85.38%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Strong Operating Margins (19.81%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Attractive Valuation (P/E: 21.51 vs Industry: 31.11)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (62.18%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (131.33%)
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 (237.56% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (190.18% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (190.31% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.12)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (49.42x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹555.47 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 (74.32%)
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: 1.94%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Waaree Renewable Technologies Ltd vs Other Electrical Equipment Peers
Peer Comparison - Other Electrical Equipment
Compare Waaree Renewable Technologies 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 Renewable Technologies LtdWaaree Renewabl...Selected✓ WAAREERTL • 534618 | 88.1/100 | ₹1020.40₹1020 | ₹10380.32₹10380.32 | 21.51Average 21.5 Average | 69.12%Excellent 69.12% Excellent | 85.38%Excellent 85.38% Excellent | 0.12Excellent 0.1 Excellent | 190.31%Excellent 190.31% Excellent | 237.56%Excellent 237.56% Excellent | 0.10% |
Waaree Energies LtdWaaree Energies... WAAREEENER • 544277 | 80.1/100 | ₹2812.80₹2813 | ₹80922.04₹80922.04 | 20.61Average 20.6 Average | 32.83%Excellent 32.83% Excellent | 38.78%Excellent 38.78% Excellent | 0.22Excellent 0.2 Excellent | 143.12%Excellent 143.12% Excellent | 68.52%Excellent 68.52% Excellent | 0.07% |
Websol Energy Systems LtdWebsol Energy S... WEBELSOLAR • 517498 | 52.4/100 | ₹102.35₹102 | ₹4263.06₹4263.06 | 14.02Average 14.0 Average | 66.94%Excellent 66.94% Excellent | 63.18%Excellent 63.18% Excellent | 0.21Excellent 0.2 Excellent | 99.10%Excellent 99.10% Excellent | 46.86%Excellent 46.86% Excellent | 0.00% |
73.3/100 | ₹1435.10₹1435 | ₹3003.68₹3003.68 | 11.90Average 11.9 Average | 39.64%Excellent 39.64% Excellent | 39.61%Excellent 39.61% Excellent | 0.67Good 0.7 Good | 222.80%Excellent 222.80% Excellent | 122.17%Excellent 122.17% Excellent | 0.00% | |
Yash High Voltage LtdYash High Volta... YASHHV • 544310 | 67.9/100 | ₹759.00₹759 | ₹2802.06₹2802.06 | 72.01Average 72.0 Average | 23.47%Excellent 23.47% Excellent | 28.66%Excellent 28.66% Excellent | 0.20Excellent 0.2 Excellent | 58.25%Excellent 58.25% Excellent | 44.45%Excellent 44.45% Excellent | 0.10% |
ALPEX SOLAR LIMITEALPEX SOLAR LIM... ALPEXSOLAR • | 66/100 | ₹848.15₹848 | ₹2268.22₹2268.22 | 11.22Average 11.2 Average | 51.96%Excellent 51.96% Excellent | 43.53%Excellent 43.53% Excellent | 0.96Good 1.0 Good | 131.96%Excellent 131.96% Excellent | 71.80%Excellent 71.80% Excellent | 0.00% |
Salzer Electronics LtdSalzer Electron... SALZERELEC • 517059 | 31.7/100 | ₹578.65₹579 | ₹1068.93₹1068.93 | 20.04Average 20.0 Average | 9.61%Poor 9.61% Poor | 11.38%Average 11.38% Average | 0.92Good 0.9 Good | 21.02%Excellent 21.02% Excellent | 23.15%Excellent 23.15% Excellent | 0.41% |
55/100 | ₹1210.60₹1211 | ₹935.21₹935.21 | 30.02Average 30.0 Average | 7.74%Poor 7.74% Poor | 10.71%Average 10.71% Average | 0.26Excellent 0.3 Excellent | 56.11%Excellent 56.11% Excellent | -0.81%Poor -0.81% Poor | 0.04% | |
57/100 | ₹159.25₹159 | ₹529.68₹529.68 | 43.10Average 43.1 Average | 11.80%Average 11.80% Average | 14.32%Average 14.32% Average | 0.23Excellent 0.2 Excellent | 42.52%Excellent 42.52% Excellent | 14.08%Good 14.08% Good | 0.00% | |
SUPREME POWER EQUISUPREME POWER E... SUPREMEPWR • | 59.2/100 | ₹209.25₹209 | ₹528.56₹528.56 | 25.86Average 25.9 Average | 19.40%Good 19.40% Good | 21.51%Excellent 21.51% Excellent | 0.39Excellent 0.4 Excellent | 137.59%Excellent 137.59% Excellent | 39.99%Excellent 39.99% Excellent | 0.00% |
32.9/100 | ₹425.00₹425 | ₹497.43₹497.43 | 12.40Average 12.4 Average | 45.83%Excellent 45.83% Excellent | 38.27%Excellent 38.27% Excellent | 0.99Good 1.0 Good | — — | — — | 0.00% | |
Top Other Electrical Equipment Stocks
View all →By Bull Run Score
By Return on Equity
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- Waaree Energies Ltd share price80922.04 Cr
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Waaree Renewable Technologies Ltd PE Ratio History
Historical price-to-earnings ratio for WAAREERTL — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹21.95 | ₹967.60 | 44.1x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Waaree Renewable Technologies Ltd Dividend History
Annual cash dividends paid by WAAREERTL — dividend yield 0.10%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹20.84 Cr |
| FY 2024 | ₹2.08 Cr |
| FY 2023 | ₹1.04 Cr |
| FY 2022 | ₹1.04 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Waaree Renewable Technologies Ltd Quarterly Performance
Latest quarterly metrics for WAAREERTL — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
131.33%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
62.18%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
237.56%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
190.31%
Compounded annual net profit growth over 5 years
Waaree Renewable Technologies Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for WAAREERTL — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Waaree Renewable Technologies Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Waaree Renewable Technologies Ltd (WAAREERTL) — sourced from NSE/BSE filings.
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About WAAREERTL (Waaree Renewable Technologies Ltd)
Waaree Renewable Technologies Ltd is a pioneering force in India's burgeoning renewable energy sector, specializing in comprehensive solutions that drive the adoption of sustainabl...e power generation. The company is deeply involved in harnessing solar energy through diverse deployment strategies, providing end-to-end services from conceptualization and design to installation and long-term maintenance. With a strong focus on innovation and technological advancement, Waaree RTL is committed to facilitating a cleaner and greener future for the nation through its diverse portfolio of renewable energy projects. The company's expertise spans a wide range of solar power solutions, catering to varied needs and applications. Waaree RTL excels in constructing large-scale, ground-mounted solar plants, offering both CAPEX and RESCO/OPEX models to suit different investment preferences. Furthermore, they design and install rooftop solar systems for commercial and industrial clients, enabling on-site power generation and reduced energy costs. Waaree RTL has also embraced the innovative concept of floating solar power plants, demonstrating its commitment to exploring unconventional methods of harnessing solar energy. Beyond installation, the company provides comprehensive operations and maintenance services to ensure optimal performance and longevity of solar power installations. Waaree Renewable Technologies Ltd provides comprehensive services within the renewable energy domain, primarily focusing on engineering, procurement, and construction. They tailor their offerings to individual, industrial, and commercial clients, ensuring that power generation is optimized. Waaree Renewable Technologies Ltd remains committed to sustainability, offering a pathway for businesses and communities to embrace a cleaner energy future. Formerly known as Sangam Renewables Limited, the company's transition to Waaree Renewable Technologies Ltd reflects its unwavering commitment to the renewable energy sector and its dedication to contributing to a sustainable future.
Company Details
Key Leadership
WAAREERTL Share Price: Frequently Asked Questions
What is the current share price of Waaree Renewable Technologies Ltd?
Waaree Renewable Technologies Ltd (WAAREERTL) trades at ₹1020.40 on NSE and BSE. Market cap ₹10.38K (Cr). Educational data only.
What is the P/E ratio of Waaree Renewable Technologies Ltd?
Waaree Renewable Technologies Ltd has a P/E of 21.51x vs industry average 31.11x.
What is the Bull Run score for Waaree Renewable Technologies Ltd?
Waaree Renewable Technologies Ltd has a Bull Run score of 88.1/100 based on 25+ financial parameters.
Does Waaree Renewable Technologies Ltd pay dividends?
Waaree Renewable Technologies Ltd has a dividend yield of 0.10%. Past dividends don't guarantee future payments.
What is the ROE of Waaree Renewable Technologies Ltd?
Waaree Renewable Technologies Ltd has ROE of 69.12%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Waaree Renewable Technologies Ltd?
Waaree Renewable Technologies Ltd has debt-to-equity of 0.12.
Is Waaree Renewable Technologies Ltd a good investment?
Bull Run gives Waaree Renewable Technologies Ltd a score of 88.1/100. This is not investment advice — consult a SEBI-registered advisor.