Is Waaree Energies overvalued or undervalued?

As of December 1, 2024, Waaree Energies is considered "very expensive" and overvalued due to high valuation metrics, including a PE ratio of 45.62, an EV to EBITDA ratio of 32.51, and an EV to Sales ratio of 6.10, making it less favorable compared to its peers despite recent stock performance.

As of 1 December 2024, Waaree Energies has moved from a grade of "does not qualify" to "very expensive." The company is currently overvalued based on its high valuation metrics, including a PE ratio of 45.62, an EV to EBITDA ratio of 32.51, and an EV to Sales ratio of 6.10. These figures suggest that the stock is trading at a significant premium compared to its earnings and sales.<BR><BR>In comparison to its peers, Waaree Energies has a higher PE ratio than both Suzlon Energy Ltd. at 43.7 and Premier Energies at 50.76, indicating that investors are paying more for each unit of earnings. Additionally, the company's EV to EBITDA ratio of 32.51 is also elevated compared to the industry average. Despite a recent uptick in stock performance over the past month, with an 8.15% return compared to the Sensex's 3.80%, the overall valuation suggests that Waaree Energies is not a favorable investment at this time.

Who are the top shareholders of the Waaree Energies?

The top shareholders of Waaree Energies include Waaree Sustainable Finance Private Limited with 18.37%, followed by individual shareholder Kalpraj Damji Dharamshi at 2.32%. Individual investors own 24.06%, while mutual funds and foreign institutional investors hold 1.07% and 0.7%, respectively.

The top shareholders of Waaree Energies include several key players. The majority of the shares are held by promoters, with Waaree Sustainable Finance Private Limited being the largest individual promoter, holding 18.37%. <BR><BR>In terms of public shareholders, the highest individual shareholder is Kalpraj Damji Dharamshi, who holds 2.32%. Additionally, individual investors collectively own 24.06% of the company. <BR><BR>Mutual funds and foreign institutional investors (FIIs) have smaller stakes, with mutual funds holding 1.07% across 21 schemes and FIIs holding 0.7% across 43 entities. There are no pledged promoter holdings reported.

Has Waaree Energies declared dividend?

No Dividend History Available

Who are the peers of the Waaree Energies?

Waaree Energies' peers include Premier Energies, Apar Inds., Genus Power, and others, with varying management risks and growth rates. Marsons leads in 1-year returns at 177.14%, while Bharat Bijlee has the lowest at -36.45%.

Peers: The peers of Waaree Energies are Premier Energies, Apar Inds., Genus Power, Shilchar Tech, Websol Energy, Diamond Power, Avalon Tech, HPL Electric, Marsons, and Bharat Bijlee.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies and Apar Inds., and Average management risk is present at Genus Power, Shilchar Tech, Websol Energy, Avalon Tech, HPL Electric, Marsons, and Bharat Bijlee. Growth is Excellent for Premier Energies, Waaree Energies, Apar Inds., and Shilchar Tech, while Average growth is found at Genus Power and Bharat Bijlee, and Below Average growth is observed at Avalon Tech and HPL Electric. Capital Structure is Excellent at Premier Energies and Waaree Energies, Good at Apar Inds., Genus Power, Avalon Tech, and HPL Electric, while Below Average is noted for Diamond Power and HPL Electric.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Marsons at 177.14%, while the lowest is Bharat Bijlee at -36.45%. Waaree Energies does not have a 1-year return available for comparison. Additionally, Diamond Power, HPL Electric, and Bharat Bijlee have negative six-month returns.

What does Waaree Energies do?

Waaree Energies Ltd is a large-cap company in the Other Electrical Equipment industry, primarily focused on solar energy solutions. As of March 2025, it reported net sales of ₹40,039 Cr and a net profit of ₹6,189 Cr, with a market cap of ₹94,230 Cr.

Overview:<BR>Waaree Energies Ltd operates in the Other Electrical Equipment industry and is classified as a Large Cap company.<BR><BR>History:<BR>Waaree Energies Limited was originally incorporated as Anmol Fluid Connectors Private Limited in 1990. The company underwent several name changes, becoming Waaree Solar Private Limited in 2007 and later Waaree Energies Private Limited. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 40,039 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 6,189 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 94,230 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 53.00 <BR>Industry P/E: 61 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.83 <BR>Return on Equity: 43.41% <BR>Price to Book: 22.55 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How big is Waaree Energies?

As of 24th July, Waaree Energies Ltd has a market capitalization of 91,900.00 Cr and reported net sales of 14,444.50 Cr and net profit of 1,867.39 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Waaree Energies Ltd has a market capitalization of 91,900.00 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 14,444.50 Cr, while the sum of Net Profit for the same period is 1,867.39 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds are valued at 4,087.81 Cr, and Total Assets amount to 11,230.52 Cr.

When is the next results date for Waaree Energies?

Waaree Energies will announce its results on 16 October 2025.

Waaree Energies is scheduled to declare its results on 16 October 2025.

Are Waaree Energies latest results good or bad?

Waaree Energies' latest results are strong, with a 132.97% year-on-year increase in net profit to ₹842.55 crores and a 69.70% rise in revenue to ₹6,065.64 crores, indicating robust growth and operational efficiency. Despite a slight stock retreat post-announcement, the company's solid financial metrics and market position suggest a positive outlook.

Waaree Energies' latest results are quite strong, showcasing impressive growth and operational efficiency. In Q2 FY26, the company reported a net profit of ₹842.55 crores, which is a remarkable 132.97% increase year-on-year. Revenue also saw significant growth, reaching ₹6,065.64 crores, up 69.70% compared to the same quarter last year. <BR><BR>The operating margin improved to 23.19%, reflecting a substantial increase from 14.68% in the previous year, indicating enhanced pricing power and operational efficiency despite rising raw material costs. This performance underscores Waaree's leadership in the renewable energy sector, particularly as India pushes for increased solar capacity.<BR><BR>While the stock did retreat by 2.45% following the results announcement, it remains above key moving averages, suggesting that the overall market sentiment towards the company remains positive. The company's strong financial metrics, including a return on equity of 19.73% and a zero-debt balance sheet, further reinforce its solid position in the market.<BR><BR>In summary, the results can be characterized as good, reflecting strong growth and operational strength, although investors should remain mindful of the elevated valuations and potential market volatility.

Should I buy, sell or hold Waaree Energies?

How has been the historical performance of Waaree Energies?

Waaree Energies has experienced significant financial growth from March 2022 to March 2025, with net sales increasing from ₹2,854.27 crore to ₹14,444.50 crore, and profit after tax rising from ₹79.65 crore to ₹1,928.13 crore. The company's total assets also grew substantially, from ₹2,153.55 crore to ₹19,701.35 crore during this period.

Answer:<BR>The historical performance of Waaree Energies shows significant growth across various financial metrics from March 2022 to March 2025.<BR><BR>Breakdown:<BR>Waaree Energies has demonstrated impressive growth in net sales, increasing from 2,854.27 crore in March 2022 to 14,444.50 crore in March 2025. Total operating income followed a similar trend, rising from 2,854.27 crore to 14,444.50 crore over the same period. The company's total expenditure also increased, reaching 11,722.86 crore in March 2025, up from 2,743.32 crore in March 2022. Operating profit (PBDIT) saw a substantial rise, climbing from 202.54 crore in March 2022 to 3,123.20 crore in March 2025, while profit before tax surged from 118.37 crore to 2,564.64 crore. The profit after tax also reflected this growth, increasing from 79.65 crore in March 2022 to 1,928.13 crore in March 2025. The earnings per share (EPS) rose significantly from 3.84 to 65.00 during this period. On the balance sheet, total assets grew from 2,153.55 crore in March 2022 to 19,701.35 crore in March 2025, while total liabilities increased from 2,153.55 crore to 19,701.35 crore. The cash flow from operating activities improved from 697.00 crore in March 2022 to 3,158.00 crore in March 2025, indicating a strong operational performance. Overall, Waaree Energies has shown a robust upward trajectory in its financial performance over the past few years.

Is Waaree Energies technically bullish or bearish?

As of November 3, 2025, Waaree Energies shows a mildly bullish trend driven by daily moving averages, but mixed signals from weekly indicators suggest caution due to underlying bearishness.

As of 3 November 2025, the technical trend for Waaree Energies has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST are both mildly bearish, and the RSI on a weekly basis is also bearish, suggesting some underlying weakness. The Bollinger Bands are showing a sideways trend on the weekly timeframe, indicating a lack of strong directional movement. Overall, while there is a bullish signal from daily moving averages, the mixed signals from other indicators suggest caution.

Which are the latest news on Waaree Energies?

Why is Waaree Energies falling/rising?

As of 03-Dec, Waaree Energies Ltd's stock price is declining, currently at 3,108.35, down 1.47%. The stock has underperformed against the Sensex, with significant drops in both delivery volume and valuation, despite strong long-term fundamentals.

As of 03-Dec, Waaree Energies Ltd's stock price is falling, currently at 3,108.35, reflecting a decrease of 46.25 or 1.47%. This decline follows a trend where the stock has lost value for the last two consecutive days, resulting in a total drop of 2.25% during this period. <BR><BR>In terms of performance, the stock has underperformed compared to the benchmark Sensex over the past week and month, with declines of 5.41% and 9.29%, respectively, while the Sensex has shown a slight increase. Additionally, there has been a notable decrease in investor participation, as evidenced by a 10.48% drop in delivery volume compared to the five-day average. <BR><BR>Despite the company's strong long-term fundamentals, including a robust Return on Equity (ROE) of 23.53% and significant growth in net sales and operating profit, the stock's current valuation appears expensive with a Price to Book Value of 7.8. This high valuation, combined with recent price movements and declining investor interest, contributes to the stock's falling price.