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Waaree Energies Limited

Founded in December 1990, Waaree Energies Limited is one of India’s leading solar panel manufacturers with a production capacity of 12 GW. The company produces a wide range of solar modules, including multicrystalline, monocrystalline, and advanced TopCon modules, along with flexible bifacial panels, framed and unframed modules, and building-integrated photovoltaic solutions. Waaree has four manufacturing plants in Gujarat, located in Surat, Tumb, Nandigram, and Chikhli, covering 136.30 acres in total. The Tumb and Chikhli units are ISO-certified for safety and quality. Over the years, the company has served numerous customers across India and abroad and employed 1,019 full-time staff as of June 30, 2023.

₹1,427 - ₹1,50379.44x sub
Listed Price2274.00
Listing Gain+51.30%
FinancialsBalance sheet and operational figures in Crores
Metric Breakdown

Revenue

Latest (Jun-24)3496.41 Cr
Growth+18.7%
Revenue Trend (₹ in Crores)
0.04.5k8.9k13.4kMar-22Mar-23Mar-24Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-243,496.41401.1311,989.48 261.24
Mar-2411,632.761,274.3811,313.73317.32
Mar-236,860.36500.287,419.92273.48
Mar-222,945.8579.652,237.40313.08
Key Performance Indicators (KPIs)
PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-2414.938.79%9.45%30.8726.76
Mar-2447.8630.26%26.29%00
Mar-2321.5726.26%31.61%00