Waaree Renewables Share price 2025 : Fundamental Analysis
WRTL, a part of Wareel Energy Solutions Pvt Ltd is one of the biggest engineering procurement construction (EPC) solar system solution companies in India. Wiz Rods Technology Ltd. started its operation in the year 2010 is a Mumbai based integrated solar solution company that delivers solar power project development, engineering procurement construction (EPC) and operation and maintenance (O&M) services.
Waaree Renewables : Company Overview
Key Highlights:
Experience and Capacity: WRTL has been able to achieve the installation of well over 10,000 systems and has in service over 600 MW in utility scale projects across the United States.
Global Presence: It has delivered international projects for instance, the 49.5 MW power plant in Khanh Hoa Province – Vietnam which was completed within 100 days.
Innovative Projects: WRTL has accredited involvement in setting up of some of the initial applications including Gujarat’s initial one MW floating solar power project and the world’s initial Rated-4 solar-powered data center building.
Growth and Expansion: In the Jan 2024, WRTL intended to diversify its EPC business plan, Accordingly, the renewable energy EPC orders were expected with plans to achieve 970MW of orders from the EPC business before the second quarter of the next fiscal year. In terms of sales performance, the company revealed a commendable order book up by 126% to the previous year.
Waaree Renewables Share price Recent Development
Waaree Renewable Technologies Ltd., a prominent player in India’s renewable energy sector, has recently achieved several significant milestones:
Major EPC Contract: Since the beginning of January 2025, an aggressive order of a 2-GW solar project was signed between Jindal Renewables and Waaree Renewable. This contract, the single largest in the history of the company, has helped in doubling the order book, with more recognition for Waaree as a developer of large scale solar power projects.
Strategic Capital Investments: In December 2024, the parent company of the Waaree Renewable Company, Waaree Energies Ltd., unveiled expenditure capital expansion for ₹2,754 crore ($323 Million). This investment is allocated across three key projects:
₹551 crore for the setting up of a 300 MW electrolyzer manufacturing facility, towards improving capacity in Green hydrogen.
₹2,073 crore towards the goal of establishing a 3.5 GWH lithium ion battery manufacturing unit ; their objective is to enhance energy storage.
₹130 crore to further augment inverter operations to meet the growing demand for renewable energy products implementation .
Significant Module Supply Orders: As of December 2024, following orders for high-efficiency Glass N-type Topcon solar modules were received by Waaree Energies 398 MWp. These modules are planned for two large renewable power projects in India due for delivery in the financial year 2025-26.
Expansion of Order Book and Pipeline: By August 2024, the order book at Waaree Renewable stood at 2.1 GW and aims to have a bidding pipeline of 15.5 GW for the FY 2024-25. This is a strategic positioning with the view to harness the opportunities in round the clock renewable opportunities, energy storage opportunities and green hydrogen opportunities.
Waaree Renewables Share price : Updates
Waaree Renewables Share price today live updates
Track real time data of Waaree Renewables Share price Moneycontrol
Waaree Renewables Share Price Performance
Waaree Renewables share price fell for the fourth straight session in Monday’s trade. The stock declined by 20 percent to touch its lower circuit filter of Rs 951. At this staking, it has cracked 28.20 percent in four trading days.
The counter began its downward spiral when the then chief financial officer (CFO) of the company Dilip Panjwani resigned citing some personal reasons. As per our conversation please find enclosed my formal resignation from my position as the Chief Financial Officer of the Waaree Renewable Technologies Ltd from today January 7, 2025. As per the conversation, I would like to mention that my last working day will be January 31, 2025 only, Panjwani added.
Exchanges have placed the securities of Waaree Renewable Tech within the long-term ASM (Additional Surveillance Measures). The two markets placed stocks in short term or long-term adverse market structures to alert investors that the shares of the companies in question have high price fluctuation.
On technical setup, the Waaree Renewables share price opened and transacted below the 5-day, 10-, 20-, 30-, 50-, 100-, 150 day and 200 day simple moving averages. According to BSE the Waaree Renewables share price P/E ratio is 49.43 and its P/B value is 30.99. Ep/s – 19.24, RoE – 62.70.
The counter witnessed a lot of activity today as around 15.38 lakh shares were last seen trading. It was below the two weeks moving average of 1.97 lakh shares. The turnover on the stock was Rs 155.47 crore and had a market cap of Rs 9,913.85 crore. There were 3,23,246 sell orders against the buy orders of absolutely no shares.
Further, it mentioned that during the year ‘the Company has incorporated a section 8 Company Waaree India Foundation to promote healthcare, education welfare shelter and activities provided in section 135 read with schedule VII Companies Act, 2013’ on January 8, 2025, The companys’ certificate of registration was, however, received today.
Waaree Renewable is manufacturer and supplier of power generation through renewable energy resources and also provides EPC service for this purpose. They have their registered office in Mumbai and energy generation place is set in Maharashtra only. Analyzing the exchange data it was revealed that the promoters of this company possessed 74.44 percent share.
Financial Performance:
Financial Performance:
Revenue Growth: The company has recorded a solid revenue growth over the last three years standing at approximately 385%, which shows expansion.
Profit Growth: The company has achieved good profits by 299.26% in the last three years which show a capability in handling costs and operating profitably.
Return on Equity (ROE): Having an ROE of 63.80%, the company can demonstrate that allowing investors to obtain significantly high returns on their investment is possible.
Return on Capital Employed (ROCE): The key efficiency of the firm with regard to the generation of profits is reflected by the company’s ROCE of 72.77 percent.
Valuation Metrics:
Price-to-Earnings (P/E) Ratio: The current value for P/E ratio is 62.70 This indicates that the stock is relatively overpriced than the index.
Price-to-Book (P/B) Ratio: The P/B ratio at 38.90 shows that the market is placing a rather high price on the company’s book value.
Market Capitalization: Currently, the firm is reporting a market capitalization of about ₹12,392 crore which placed it in the small-cap category.
Shareholding Pattern:
Promoters: Until recently, owned almost 75% of the company providing high levels of belief in the value of this business.
Foreign Institutional Investors (FII): Owns only 0.98% of the stakes which has shown an increased trend on the international stakes holding.
Public Investors: Hold 18.49% of the shareholding thus making a good spread in terms of ownership of the shares.
Growth Prospects:
Recapitulating, the growth parameters of this firm including its return of 39525% for the period of 5 years establish its vigorous performance in the renewable energy sector and this firm’s name is ‘’Waaree Renewable Technologies ‘’.
Profitability Analysis:
The firm occupies a high position in the sphere; profit margin and operations competitiveness could be characterized as rather high and reach 72 points.
Waaree Renewables Share Price History
The solar and the green energy company of India, name Waaree Renewable Technologies Ltd. has revealed good stock returns in the past couple of years. Here’s an overview of Waaree Renewables share price history:
Recent Performance (2024):
52-Week Range:
High: ₹2,209.40 on April 19, 2024
Low: ₹580.00 on December 18, 2023
Closing Prices:
December 16, 2024: ₹721.85
November 8, 2024: ₹918.65
This means a decline in the stock price of ₹196.80 that is a -21.42% decline within the fifteen trading days up to the 16th of December 2024.
Monthly Share Price Data (2024):
January 2024:
Open: ₹406.80
High: ₹767.92
Low: ₹404.88
Close: ₹767.92
April 2024:
Open: ₹1,470.00
High: ₹3,037.75
Low: ₹1,430.20
Close: ₹2,480.50
December 2024:
Open: ₹1,468.30
High: ₹1,488.30
Low: ₹1,220.00
Close: ₹1,342.85
Long-Term Growth:
The company has had a share price from below ₹3 and as at 23rd November 2021 it was more than ₹1,450 having increased by over 58,600% in the years. The shares bought in 2019 would now cost about ₹5.87 crore if ₹20, 000 was invested in the shares.
Historical Prices (October 2024):
October 23, 2024:
Open: ₹1,495.05
High: ₹1,620.00
Low: ₹1,492.85
Close: ₹1,585.10
October 22, 2024:
Open: ₹1,625.00
High: ₹1,637.55
Low: ₹1,571.40
Close: ₹1,571.40
It is important to remember that the stock prices are usually affected by market fluctuations. There is nothing more up to date than the real-time financial websites or stock exchange market sources.
Investment Considerations
Although the current establishment of including and expanding renewable energy means Waaree Renewable Technologies has excellent growth opportunities and has already showcased the prospects of high profitability in a fairly short period, the stock is overpriced at the moment, and its volatility should also be considered when investing. Investors doing their research should take into account a) a favourable revenue growth and b) general risks related to the field of renewable energy
Conclusion
Waaree Renewable Technologies Ltd. can be considered as one of the key players in India’s RE sector, reveals high financial performance indicators and occupies a large share in the market. Nonetheless, potential investors must be able to evaluate the real value of the stock and the competitiveness of the market environment in order to make correct decisions.
FAQ'S
What is the current share price of Kalyan Jewellers ?
You can check the live share price of Waaree Renewables on financial platforms such as Moneycontrol, Trendy Traders Academy , Yahoo Finance, or BSE India.
What factors affect the Waaree Renewables share price ?
Factors that influence Waaree Renewables’ share price include:
- The overall performance of the renewable energy sector
- Government policies on clean energy
- Solar energy demand and raw material costs
- Financial health of the company
- Global energy price fluctuations
How do I analyze the fundamentals of Waaree Renewables ?
To perform a fundamental analysis, focus on:
- Revenue growth and profitability
- Earnings per share (EPS)
- Return on equity (ROE)
- Debt-to-equity ratio
- Historical financial performance and future projections
- The company’s market position and competitive advantage
Is Waaree Renewables a profitable company?
Waaree Renewables has shown strong growth in the renewable energy sector, especially in solar power, with expanding revenue streams. However, profitability should be assessed based on quarterly and annual financial results.
