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IND AS · INR crore
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Liabilities Shareholders' Equity | 30,115.37 | 19,485.35 | 11,313.73 |
| Cash Equivalents | 6,728.37 | 7,747.82 | 3,657.78 |
| Other Liabilities Total | 805.11 | 1,076.17 | 1,394.93 |
| Long Term Debt | 815.14 | 24.18 | 102.6 |
| Common Stock Total | 287.65 | 287.28 | 262.96 |
| Other Equity Total | 14,149.69 | 9,191.92 | -0.15 |
| Other Current Assets Total | 1,122.63 | 1,010.93 | 4.77 |
| Total Assets | 30,115.37 | 19,485.35 | 11,313.73 |
| Current Portof LT Debt/Capital Leases | 1,751.27 | 950.54 | 65.45 |
| Total Equity | 14,437.34 | 9,479.2 | 4,087.81 |
| Long Term Investments | 799.56 | 391.43 | 87.44 |
| Total Common Shares Outstanding | 28.77 | 28.73 | 26.3 |
| Tangible Book Valueper Share Common Eq | 500.19 | 329.59 | 154.95 |
| Goodwill Net | 26.45 | 6.34 | 6.34 |
| Total Liabilities | 15,678.03 | 10,006.15 | 7,225.91 |
| Total Debt | 3,212.62 | 1,198.99 | 553.38 |
| Short Term Investments | 1,378.04 | 200.25 | 71.15 |
| Cashand Short Term Investments | 8,106.41 | 7,948.07 | 3,850.31 |
| Total Receivables Net | 2,492.32 | 1,064.54 | 1,233.71 |
| Deferred Income Tax | 130.32 | 41.34 | 37.1 |
| Accounts Receivable-Trade Net | 2,492.32 | 1,053.15 | 1,015.74 |
| Property/Plant/Equipment Total-Net | 10,740.34 | 5,884.03 | 2,777.67 |
| Minority Interest | 573.55 | 116.08 | 60.68 |
| Total Current Liabilities | 12,707.7 | 8,524.11 | 5,423.14 |
| Total Inventory | 5,855.64 | 2,692.11 | 2,874.9 |
| Accounts Payable | 3,107.81 | 2,069.68 | 1,475.23 |
| Other Currentliabilities Total | 7,848.62 | 5,503.89 | 3,673.77 |
| Total Long Term Debt | 1,461.35 | 248.45 | 310.07 |
| Intangibles Net | 22.83 | 4.31 | 6.92 |
| Other Long Term Assets Total | 841.59 | 481.91 | 111.09 |
| Note Receivable-Long Term | 107.6 | 1.68 | 311.18 |
| Total Current Assets | 17,577 | 12,715.65 | 8,013.08 |
| Capital Lease Obligations | 646.21 | 224.27 | 207.47 |
| Accumulated Depreciation Total | Not available | Not available | -40.08 |
| Accrued Expenses | Not available | Not available | 30.84 |
| Prepaid Expenses | Not available | Not available | 49.38 |
| Additional Paid-In Capital | Not available | Not available | 1,957 |
| Cash | Not available | Not available | 121.38 |
| Retained Earnings(Accumulated Deficit) | Not available | Not available | 1,867.99 |
| Property/Plant/Equipment Total-Gross | Not available | Not available | 327.11 |
| Notes Payable/Short Term Debt | Not available | Not available | 177.85 |
PEG Ratio0.22
Price to Sale Ratio2.92
Debt 5Yr CAGR %57.5
Operating Margin 12m16.37
Operating Margin 5y Avg15.02
Net Profit Margin 12m13.32
Net Profit Margin 5y12.37
Dividend Yield %0.15
Overall RiskBalanced risk
Board Risk38.06
ConsensusHold
Consensus score3.00
Analyst opinions9
Strong Sell count3
Sell count1
Hold count0
Buy count3
Strong Buy count2
Provider consensus uses a 1 (Strong Buy) to 5 (Strong Sell) score. The payload does not include price targets, so none are inferred from 52-week prices or recommendation percentages.Only peers present in the company profile payload are displayed.
| Company | Price | Market cap | P/E | Research |
|---|---|---|---|---|
| Premier Energies | INR 1,045 | 46,867.05 | 32.3 | — |
| Emmvee Photovoltaic Power | INR 328.05 | 22,712.38 | 20.1 | — |
| RRP Semiconductor | INR 8,630.5 | 0 | Not available | — |
| Vikram Solar | INR 174 | 6,291.03 | 14.06 | — |
| Saatvik Green Energy | INR 428 | 5,444.61 | 15.53 | — |
Source, timestamp and external destination are shown. Provider relevance scores are not available.
Indian solar panel makers have been largely priced out of European and other key export markets by Chinese firms that sell at significantly lower prices. Indian solar panel makers such as Adani New Industries and Waaree Energies have so far focused on exports to the US.
Waaree Energies shares fell over 6% following Q1 FY27 results, despite 14% YoY profit growth to ₹ 850 crore and a 79% revenue increase to ₹ 7,932 crore. Concerns over narrowed EBITDA margins triggered investor selling pressure.
Adani Enterprises, Adani Ports and Special Economic Zone, Asian Paints, Eicher Motors, Waaree Energies, Dabur India, Bajaj Housing Finance are among the companies to report their Q1 results FY27 today.
Waaree Energies shares fell 4% following a US Customs ruling on tariff evasion for imports from Vietnam and Malaysia. Facing a potential 2.7 times tariff increase, Waaree's reputation may be at risk.
Adani Total Gas shares surged nearly 11%, while other top index gainers included Info Edge (India), Tata Communications, JSW Energy, Waaree Energies, Premier Energies, Tata Investment Corporation, SAIL, and OIL India, which advanced between 2% and 5%.
All but one of India’s top listed solar module companies reported nil exports during the quarter ended 31 March. Market leader Waaree Energies Ltd, which had so far managed to protect its exports to the US, also reported fewer outbound shipments during the fourth quarter of FY26.
Posts are linked to the canonical company record. Community BUY, NEUTRAL and SELL opinions are user-generated, moderated and separate from analyst consensus and ShareKeyX AI.
Waaree Energies Limited is an India-based renewable energy company. The Company is primarily engaged in the business of manufacturing of solar Photo-voltaic modules and solar cells, setting up of projects in solar space and the sale of electricity. The Company’s operating segments include Solar Photovoltaic Modules, Generation of Power, and Engineering, procurement and construction (EPC) contract. Its manufacturing plants are located in Tumb, Nandigram, Chikhli and Surat, Gujarat State, India. Its By Products include PV Modules, Inverter, Solar Kits, BESS and Electrolyzer Stacks. The PV Modules include HJT Module, N Type Module, Mono PERC, Flexible and Special Module. Its By Applications include Rooftop Solar, Flexible Solar, Small Modules, Special Modules, Energy Storage and Green Hydrogen. The Company’s solutions include EPC, Energy Storage and Green Hydrogen (Alkaline Electrolysers Turnkey).
Waaree Energies has the symbol WAAREEENER and ISIN - INE377N01017.
Waaree Energies is currently trading at INR 2,675.00.
Waaree Energies has a year high of INR 3,865.00 and a year low of INR 2,403.00.
Waaree Energies has a market capitalization of INR 77,522.04 crore.
Waaree Energies has a P/E ratio of 22.20.
Waaree Energies has a dividend yield of 0.15%.
Waaree Energies has revenue of INR 26,536.77 crore, net income of INR 3,711.30 crore, and EPS of INR 140.28.
Waaree Energies has a book value of NA.
Waaree Energies has a debt-to-equity ratio of NA.
Waaree Energies has a price-to-book ratio of NA and a price-to-sales ratio of 2.92.
Corporate-action adjustment is provider-defined. ShareKeyX research and computed indicators are not investment advice.