WAAREERTL
Waaree Renewable Technologies Limited (WAAREERTL) Stock Analysis
Waaree Renewable Technologies Limited provides solar EPC, inverters, and renewable solutions for residential and commercial customers. It is part of the Waaree group expanding downstream solar services in India. The company installs and maintains solar power systems nationwide. It is listed on Indian stock exchanges.
Industrials › Engineering & Construction
₹837.10
+4.32% 1W | -38.40% 52W
Market Cap
8.7k CR
P/E Ratio
17.2
52W High
₹1358
52W Low
₹779.5
Div. Yield
0%
Beta
0.5
50 DMA
₹845.5
200 DMA
₹914.6
Profit Margin
13.9%
Inst. Own.
1.1%
📊 ANALYZING TREND
🚀 BREAKOUT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 129 | 150 | 324 | 273 | 236 | 524 | 360 | 477 | 603 | 775 | 851 | 1,102 | 924 |
| Expenses | 116 | 119 | 236 | 198 | 195 | 453 | 288 | 350 | 486 | 617 | 692 | 896 | 751 |
| Operating Profit | 13 | 31 | 88 | 75 | 41 | 72 | 72 | 126 | 118 | 158 | 159 | 207 | 173 |
| OPM % | 10% | 20% | 27% | 28% | 17% | 14% | 20% | 27% | 19% | 20% | 19% | 19% | 19% |
| Other Income | 1 | 1 | 0 | 2 | 3 | 3 | 4 | 1 | 5 | 4 | 5 | 6 | 5 |
| Interest | 1 | 2 | 0 | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 10 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 6 |
| Profit before tax | 12 | 28 | 86 | 72 | 39 | 69 | 71 | 121 | 117 | 157 | 158 | 208 | 163 |
| Tax % | 27% | 25% | 26% | 29% | 28% | 23% | 24% | 23% | 26% | 26% | 24% | 25% | 27% |
| Net Profit | 9 | 21 | 64 | 51 | 28 | 54 | 53 | 94 | 86 | 116 | 120 | 156 | 119 |
| EPS in Rs | 0.88 | 1.98 | 6.17 | 4.93 | 2.72 | 5.14 | 5.13 | 9.00 | 8.29 | 11.16 | 11.52 | 14.93 | 11.11 |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2 | 7 | 6 | 13 | 162 | 351 | 876 | 1,598 | 3,331 | 3,652 |
| Expenses | 2 | 4 | 5 | 6 | 138 | 267 | 669 | 1,287 | 2,690 | 2,955 |
| Operating Profit | 0 | 3 | 1 | 7 | 24 | 84 | 207 | 311 | 641 | 697 |
| OPM % | 25% | 45% | 15% | 54% | 15% | 24% | 24% | 19% | 19% | 19% |
| Other Income | -0 | 1 | 1 | 2 | 8 | 2 | 4 | 11 | 20 | 21 |
| Interest | 0 | 2 | 3 | 4 | 7 | 5 | 7 | 15 | 13 | 19 |
| Depreciation | 0 | 1 | 1 | 2 | 4 | 3 | 6 | 6 | 9 | 12 |
| Profit before tax | 0 | 1 | -3 | 3 | 21 | 77 | 198 | 300 | 640 | 686 |
| Tax % | 79% | 334% | 26% | 170% | 58% | 28% | 27% | 24% | 25% | |
| Net Profit | 0 | -2 | -3 | -2 | 9 | 55 | 145 | 229 | 479 | 511 |
| EPS in Rs | 0.02 | -0.38 | -0.31 | -0.23 | 0.83 | 5.32 | 13.95 | 21.98 | 45.88 | 48.72 |
| Dividend Payout % | -0% | -0% | -0% | -0% | 12% | 4% | 7% | 5% | -0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 112.0% | 203.0% | – |
| Profit CAGR | 105.0% | 190.0% | – |
Shareholding Pattern
Promoters74.39%
FIIs1.38%
DIIs0.12%
Public24.12%
Promoters74.32%
FIIs1.70%
DIIs0.14%
Public23.85%
Promoters74.32%
FIIs1.85%
DIIs0.09%
Public23.73%
Promoters74.32%
FIIs1.98%
DIIs0.09%
Public23.61%
Promoters74.30%
FIIs2.02%
DIIs0.09%
Public23.58%
Promoters74.51%
Public25.48%
Promoters74.46%
FIIs0.20%
DIIs0.01%
Public25.33%
Promoters74.39%
FIIs1.13%
DIIs0.24%
Public24.25%
Promoters74.32%
FIIs1.85%
DIIs0.09%
Public23.73%
Promoters74.30%
FIIs2.02%
DIIs0.09%
Public23.58%
WAAREERTL
Holdings Analysis
Key strengths & risk signals
73
Overall
82
Fundamental
64
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
POOR YEAR! Stock declined 38.4% in the last year.
WEAK POSITION! Current price (837.1) is below both moving averages.
WEAK! Trading at 10.0% of 52W range - near yearly lows.
Strengths (4)
UNDERVALUED! PEG of 0.16 indicates stock is cheap relative to growth.
BREAKOUT! Stock has broken above resistance levels with momentum.
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 146,338 vs down days: 113,747. Ratio: 1.29x
Fundamental & Technical Analysis
73Overall
82Fundamental
64Technical
Fundamental Breakdown
Growth Quality
30/30
Revenue CAGR: 111.7% (EXCELLENT, 15/15). Profit CAGR: 105.2% (EXCELLENT, 15/15).
Profit Margin
5/10
DECENT EFFICIENCY! 13.9% profit margin - acceptable profitability.
PEG Valuation
10/10
UNDERVALUED! PEG of 0.16 indicates stock is cheap relative to growth.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.06 - excellent financial health.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 25.49% public ownership - balanced ownership structure.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (845.5) is below 200-day average (914.6) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (837.1) is below both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
0/10
POOR YEAR! Stock declined 38.4% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 13 up days, 17 down days. Avg volume on up days: 146,338 vs down days: 113,747. Ratio: 1.29x
RSI
3/5
NEUTRAL! RSI at 54.3 - balanced momentum.
52W Range
1/5
WEAK! Trading at 10.0% of 52W range - near yearly lows.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 4.3% (1 week), 4.5% (1 month), -16.2% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
WAAREERTL
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-30 | Concall PDF | |
| Q2FY262026-01-23 | Concall PDF | |
| Q1FY262025-10-18 | Concall PDF |
Peer Comparison
Industrials · Engineering & Construction · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WAAREERTL | ₹837.10 | 17.2 | 13.9% | 111.7% | 105.2% | -38.4% | 73 | BREAKOUT | +34.1% | -25.6% | +53.2% | -16.2% |
| AFCONS | ₹244.40 | 63 | 1.3% | -1.8% | -15.1% | -45.4% | 51 | BOUNCE FROM SUPPORT | -77.7% | -134.6% | -20.8% | +2.2% |
| AXISCADES | ₹2,116.00 | 205.6 | 2.9% | 12.5% | – | +33.2% | 64 | BREAKDOWN | -171.5% | -3,800.0% | +94.3% | -32.8% |
| KEC | ₹352.20 | 16.9 | 2.4% | 11.1% | 51.0% | -57.9% | 73 | BOUNCE FROM SUPPORT | -41.7% | -62.3% | +0.0% | -21.4% |
| NCC | ₹125.70 | 11.3 | 3.3% | 10.5% | 3.5% | -40.0% | 49 | APPROACHING SUPPORT | +12.6% | +5.0% | +12.2% | -6.8% |
| GRINFRA | ₹777.40 | 7.4 | 11.0% | -2.9% | -14.7% | -34.2% | 43 | BREAKDOWN | +46.4% | +72.6% | +40.1% | +11.3% |
| POWERMECH | ₹2,386.90 | 19.3 | 6.1% | 18.9% | 20.3% | -11.5% | 73 | APPROACHING RESISTANCE | +52.0% | -44.0% | +25.5% | -23.1% |
| WELENT | ₹727.00 | 29.6 | 8.6% | 8.0% | -21.5% | +38.5% | 62 | BOUNCE FROM SUPPORT | -48.8% | -67.9% | -8.4% | -35.5% |
Data from TradeAlone · Updated daily
