Waaree Technologies Ltd Stock Price Today (NSE: WAAREE)

Waaree Technologies Ltd

265.75+11.00 (+4.32%)
Market Open

Fundamental Score

...

Waaree Technologies Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Waaree Technologies Ltd share price today is 265.75, up +4.32% on NSE/BSE as of 17 June 2026. Waaree Technologies Ltd (WAAREE) is a Small-cap company in the Power Generation sector with a market capitalisation of 269.90 (Cr). The 52-week high for WAAREE share price is 398.00 and the 52-week low is 131.25. The company has a Return on Equity (ROE) of -617.49% and a debt-to-equity ratio of N/A.

Waaree Technologies Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
306.40
Low
234.00
Volume
36.1K
Change
-2.76%

Waaree Technologies Ltd share price chart: -2.76% return over the past month. 52-week high ₹398.00, 52-week low ₹131.25.

Waaree Technologies Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
268.15273.85256.60271.0015.40K (Cr)
265.05272.00263.95265.5026.25K (Cr)
283.90283.90270.05277.8038.85K (Cr)
274.70284.25273.35284.2545.33K (Cr)
257.90270.75251.00270.7519.95K (Cr)
255.05270.00255.05257.9018.38K (Cr)
277.55283.00263.70267.1037.63K (Cr)
269.65277.55269.00277.5552.50K (Cr)
252.95264.35252.95264.3514.00K (Cr)
240.00252.95234.00251.8017.85K (Cr)

Waaree Technologies Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
265.05273.85256.60271.00+2.24%
278.70306.40234.00277.80-0.32%
151.75398.00147.25293.35+93.31%
155.00191.95131.25144.85-6.55%
211.00211.00157.60162.35-23.06%
222.15227.85163.50193.55-12.87%
253.85253.90214.95222.15-12.49%
273.60274.90214.00243.85-10.87%
284.35294.00271.00273.65-3.76%
295.00336.05278.00283.40-3.93%
300.60310.10288.00289.00-3.86%
304.95360.30276.00306.70+0.57%

AI Research Briefing

Powered by Gemini · 2026-04-10

Microcap solar EPC play trading on hype, not fundamentals; avoid until profitability is proven.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSEBreakdown. 1M: -8.4%, 3M: -12.5%, 6M: -16.8%.Expensive. P/E is non-existent vs. industry P/E of 26.91x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Waaree Technologies announced a trading window closure effective April 1, 2026, ahead of Q4 FY26 results.

CORE STORY (THE REAL GAME)

Waaree is an EPC play on India's renewable energy boom, specifically solar. The market narrative is around its ability to secure and execute large solar projects, and its expansion into module manufacturing.

Why Now
  • India's aggressive renewable energy targets
  • Recent solar EPC contract wins
  • Expansion into solar module manufacturing
Potential Catalysts
  • Significant new order wins (>₹500 Cr)
  • Turnaround to profitability and positive FCF
  • Government policy changes favoring domestic solar manufacturers
Key Risks
  • Micro/SME cap with high liquidity risk
  • Negative ROE and negative free cash flow
  • Opaque valuation due to non-existent P/E
Institutional Activity

No FII/DII presence. Promoter holding stable at 58.81%.

Macro Context

India's push for renewable energy provides a strong tailwind, but execution is key.

Order Book / Expansion

Waaree Renewable Technologies secured a 300 MW AC solar EPC contract in March 2026.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-24.17 Cr.

3–6 Month Outlook

Next 3-6 months depend on Q4 FY26 results and new order wins. Focus on execution and profitability is crucial.

Primary Thesis Risk

Inability to convert order book into profitable revenue due to execution challenges or rising input costs.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-617.49%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-39.85%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Waaree Technologies Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

26.91x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

58.81%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

34.35%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-26.61%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Debt to Equity Ratio

N/A

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-17.11x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-24.17 (Cr)

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 Technologies Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of WAAREE across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (34.35%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Balanced Promoter Holding (58.81%)

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

6 factors identified

Below-Average Return on Equity (-617.49%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-39.85%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Revenue Contraction (-26.61%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Weak Interest Coverage (-17.11x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-24.17 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Waaree Technologies Ltd vs Power Generation Peers

Peer Comparison - Power Generation

Compare Waaree Technologies Ltd with 10 other companies in the same sector

11 companies
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
18/100
266
₹269.90
-617.49%
Poor
-39.85%
Poor
0.00%
Ntpc Ltd...
NTPC532555
46.7/100
362
₹317032.28
13.3
Average
12.13%
Average
9.95%
Poor
1.3
Average
15.54%
Excellent
11.44%
Good
2.55%
54.6/100
1526
₹171183.27
78.1
Average
14.61%
Average
8.70%
Poor
4.5
Poor
127.48%
Excellent
34.49%
Excellent
0.00%
20.9/100
584
₹85981.65
42.5
Average
7.41%
Poor
6.49%
Poor
2.4
Poor
11.69%
Good
7.26%
Good
0.41%
26.3/100
101
₹79906.88
131.7
Average
3.85%
Poor
4.89%
Poor
1.2
Average
0.00%
NHPC Ltd...
NHPC533098
33.2/100
75
₹77658.24
24.5
Average
7.53%
Poor
7.42%
Poor
1.1
Average
-1.97%
Poor
0.73%
Average
2.47%
47.7/100
337
₹33279.00
12.7
Average
14.47%
Average
10.51%
Average
1.2
Average
12.01%
Good
8.22%
Good
1.25%
SJVN Ltd...
SJVN533206
16/100
74
₹30585.60
54.9
Average
5.81%
Poor
4.91%
Poor
2.0
Poor
-10.34%
Poor
2.59%
Average
1.88%
31.6/100
29
₹16096.43
53.7
Average
-1.08%
Poor
6.15%
Poor
0.9
Good
8.18%
Good
0.05%
Average
0.00%
Nava Ltd...
NAVA513023
61.8/100
596
₹14647.98
15.8
Average
15.03%
Good
17.17%
Good
0.2
Excellent
18.68%
Excellent
7.62%
Good
1.55%
48.7/100
357
₹13745.60
27.2
Average
7.57%
Poor
8.42%
Poor
2.7
Poor
25.72%
Excellent
-4.59%
Poor
0.09%

Waaree Technologies Ltd PE Ratio History

Historical price-to-earnings ratio for WAAREE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20220.23₹158.90690.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Waaree Technologies Ltd Quarterly Performance

Latest quarterly metrics for WAAREE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-26.61%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

34.35%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Waaree Technologies Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for WAAREE — calculated from daily price history

53RSI 14
Neutral — RSI 53

Momentum is balanced — neither overbought nor oversold.

SMA 50
244
▲ Price above SMA 50 — Short-term bullish
SMA 200
241
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
50K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Waaree Technologies Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Waaree Technologies Ltd (WAAREE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Waaree Technologies Ltd

About WAAREE (Waaree Technologies Ltd)

Waaree Technologies Ltd is a dynamic force in India's burgeoning power generation landscape, particularly within the realm of lithium-ion battery technology. Focusing on both produ...ction and distribution, Waaree is actively shaping the future of energy storage solutions, catering to a diverse range of applications. They are deeply invested in the assembly and sale of lithium batteries, positioning themselves as a key player in the country's transition toward cleaner and more sustainable energy sources. Beyond mere manufacturing, Waaree is committed to providing comprehensive and integrated energy solutions tailored to specific client needs and contribute in their growth in energy efficiency. Waaree's product portfolio is strategically designed to address the growing demand for efficient and reliable power solutions across various sectors. From heavy-duty industrial applications like forklift and traction systems to essential infrastructure support such as telecommunication and energy storage systems, their offerings are versatile and impactful. Furthermore, they are actively contributing to the electrification of transportation with batteries designed for two and three-wheeled electric vehicles, capitalizing on the burgeoning EV market in India. This targeted approach allows Waaree to directly impact key industries driving the nation's economic growth. Waaree Technologies is dedicated to providing cutting-edge lithium-ion battery products that cater to the energy storage needs of various applications, like, electric bicycles, electric forklifts, electric rickshaws, battery energy storage systems, and telecom UPS. With a legacy built on innovation and a commitment to quality, Waaree Technologies Ltd. is poised to continue its growth trajectory, playing a significant role in the modernization of India's power infrastructure. By embracing new technologies and focusing on customer-centric solutions, Waaree is solidifying its position as a trusted partner in the nation's journey toward a more sustainable and electrified future.

Company Details

Symbol:WAAREE
Industry:Power Generation
Sector:Power Generation

Key Leadership

Mr. Rushabh Pankaj Doshi
CFO & Executive Director
Mr. Vibhor Kumawat
Company Secretary & Compliance Officer
Mr. Kirit Chimanlal Doshi
Chairman & MD

WAAREE Share Price: Frequently Asked Questions

What is the current share price of Waaree Technologies Ltd?

Waaree Technologies Ltd (WAAREE) trades at ₹265.75 on NSE and BSE. Market cap ₹269.90 (Cr). Educational data only.

What is the P/E ratio of Waaree Technologies Ltd?

Waaree Technologies Ltd has a P/E of N/Ax vs industry average 26.91x.

What is the Bull Run score for Waaree Technologies Ltd?

Waaree Technologies Ltd has a Bull Run score of 18/100 based on 25+ financial parameters.

Does Waaree Technologies Ltd pay dividends?

Waaree Technologies Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Waaree Technologies Ltd?

Waaree Technologies Ltd has ROE of -617.49%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Waaree Technologies Ltd?

Waaree Technologies Ltd has debt-to-equity of N/A.

Is Waaree Technologies Ltd a good investment?

Bull Run gives Waaree Technologies Ltd a score of 18/100. This is not investment advice — consult a SEBI-registered advisor.