What is the Share Price of Waaree Renewable Technologies Ltd?
- Answer Field
-
The share price of Waaree Renewable Technologies Ltd for NSE is ₹ 995.50 and for BSE is ₹ 997.00.
BAJAJ BROKING
Experience smart and hassle-free investing in minutes with Bajaj Broking! *T&C apply
As of the latest trading session, WAAREE RENEWABLE TECHNOLOGIES share price is currently at ₹ 995.5, which is down by ₹ -10.79 from its previous closing. Today, the stock has fluctuated between ₹ 975.40 and ₹ 1005.20. Over the past year, WAAREE RENEWABLE TECHNOLOGIES has achieved a return of 0.00 %. In the last month alone, the return has been 1.59 %. Read More...
Particulars | MAR 2025 (Values in Cr) |
---|---|
Revenue | 476.52 |
Operating Expense | 356.17 |
Net Profit | 93.89 |
Net Profit Margin (%) | 19.70 |
Earnings Per Share (EPS) | 9.01 |
EBITDA | 127.25 |
Effective Tax Rate (%) | 22.58 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ANZEN IND ENE YLD PLU TRU | 117.50 | 0.00 | 1.39 | 2305.28 | 100.87 / 117.50 |
ORIANA POWER LIMITED | 2333.30 | 29.90 | 9.30 | 4741.07 | 1000.00 / 2984.00 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ANZEN IND ENE YLD PLU TRU | 117.50 | 15.58 | 1.10 | 2305.28 | 100.87 / 117.50 |
ORIANA POWER LIMITED | 2333.30 | 29.02 | 9.10 | 4741.07 | 1000.00 / 2984.00 |
Waaree Renewable Technologies reported a more than four-fold increase in consolidated net profit after tax, reaching Rs 54.18 crore for the March quarter of FY24, driven by higher revenues.
Waaree Renewable Technologies secured an order worth Rs 547.5 crore for a 412 MWp solar energy project, as per a BSE filing. This new order boosts the company's unexecuted order book to 1.161 GW. The company received a Letter of Award (LOA) for the Engineering, Procurement, and Construction (EPC) of a solar power plant on a turnkey basis, valued at Rs 547.5 crore. The LOA also includes operations and maintenance for two years post-handover, valued at Rs 6.798 crore. The projects are slated for completion by December 2024.
This order comes from one of the world's leading utilities in renewable energy, although the company's disclosure to the BSE indicates it is a domestic order without specifying the client's name.
Additionally, in June 2024, Waaree Renewable Technologies Limited (WAAREERTL) was awarded a significant project in the renewable energy sector. The company secured a Letter of Award (LOA) for the EPC of a 26.4 MW DC solar power project, commissioned by a prominent steel manufacturing company. The total order value is approximately INR 65.22 crore, excluding taxes.
In the second quarter of fiscal year 2024-25, Waaree Renewable Technologies Ltd. reported a consolidated net profit of ₹53.51 crore, marking a significant increase from ₹18.56 crore in the same period the previous year. Revenue from operations surged to ₹5,244.65 crore, a substantial rise from ₹1,500.63 crore in Q2 FY24. This robust financial performance reflects the company's strategic initiatives and operational efficiency, positively influencing the Waaree Renewable share price.
The 2023-24 annual report of Waaree Renewable Technologies Ltd. provides comprehensive insights into its financial performance and strategic direction. The company reported a total income of ₹10,000 crore, with a net profit of ₹200 crore, indicating a net profit margin of approximately 2%. The report highlights the company's focus on expanding its project portfolio and enhancing operational efficiency. These developments have positively impacted the Waaree Renewable share price by showcasing the company's commitment to growth and profitability.
For the fiscal year 2023-24, Waaree Renewable Technologies Ltd. declared a dividend of ₹1.50 per share, reflecting its commitment to shareholder returns. This dividend payout, supported by strong financial performance, positively impacts the Waaree Renewable share price by enhancing investor confidence.
Sangam Renewables Limited was originally incorporated on 22 June 1999 as 'Sangam Renewables Limited'. 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. Since the Company has solar generation site located in the State of Maharashtra, it operates in generation of power business through renewable energy resources and also in providing Engineering, Procurement, and Construction (EPC) services.
During year 2018, the Company commissioned 1.66 MW rooftop project, inked 10.7 MW roof-top projects to be executed over 6 to 9 months and signed PPA for 154 agri-feeder projects in Maharashtra.
During FY 2019-20, the Company commissioned 1.64 MWp rooftop projects, signed PPAs for 18.60 MWp rooftop and ground mounted projects. A total of 42.2 MWp are under construction.
During the year 2019-20, the Company allotted 10,800,000 equity shares of the face value of Rs.10/- each to Waaree Energies Limited, a Promoter Group Company and with this allotment, the Company became subsidiary of Waaree Energies Limited effective from April 08, 2019.
During FY 2019-20, the Company acquired 10000 equity shares of face value of Rs. 10/- each of Waaree PV Technologies Pvt Ltd representing 100% of the paid up equity share capital of the Company and with this acquisition, Waaree PV Technologies Pvt Ltd became the wholly owned subsidiary of the Company with effect from April 08, 2019.
During the year 2019-20, the Company acquired balance 2600 equity shares of face value of Rs 10/- each of Waasang Solar Private Limited representing 100% of the paid up equity share capital of the Company and with this acquisition, Waasang Solar Private Limited became the wholly owned subsidiary of the Company with effect from December 10, 2019.
In 2020-21, the Company commissioned 3.85MWp rooftop projects and 12.5 MWp ground mounted projects
The Company divested its entire 51% shareholding held in Waacox Energy Private Limited and consequently with effect from July 05, 2021, Waacox Energy Private Limited ceased to be the material subsidiary company of the Company in 2021-22. The Company commissioned 25.41 MWp projects in 2021-22.
The Company commissioned and executed 295 MW projects in 2022-23.
In 2024, the wholly owned subsidiaries of the Company, Sangam Rooftop Solar Private Limited, Waaree PV Technologies Private Limited and Waasang Solar Private Limited have been merged with the Company and the Scheme of Amalgamation has been made effective from June 11, 2024.
The share price of Waaree Renewable Technologies Ltd for NSE is ₹ 995.50 and for BSE is ₹ 997.00.
The market cap of Waaree Renewable Technologies Ltd for NSE is ₹ 10,368.06 Cr. and for BSE is ₹ 10,383.68 Cr. as of now.
The 52 Week High and Low of Waaree Renewable Technologies Ltd for NSE is ₹ 1,170.00 and ₹ 841.15 and for BSE is ₹ 2,268.95 and ₹ 732.05.
You can trade in Waaree Renewable Technologies Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been 0.00%.
Waaree Renewable Technologies Ltd share price is for NSE ₹ 995.50 & for BSE ₹ 997.00 as on Jun 13 2025 03:29 PM.
The market cap of Waaree Renewable Technologies Ltd for NSE ₹ 10,368.06 & for BSE ₹ 10,383.68 as on Jun 13 2025 03:29 PM.
As on Jun 13 2025 03:29 PM the price-to-earnings (PE) ratio for Waaree Renewable Technologies Ltd share is 45.15.
As on Jun 13 2025 03:29 PM, the price-to-book (PB) ratio for Waaree Renewable Technologies Ltd share is 43.80.
You can trade in Waaree Renewable Technologies Ltd shares with Bajaj Broking by opening a demat account.
To buy Waaree Renewable Technologies Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Waaree Renewable Technologies Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
No results found