Waaree Renewable Technologies

₹748.80As of Sun 8 Nov 2026, 12:00 UTC

NSE:WAAREERTLIndustrials

Country India

PE (Fwd) 7.587

TSR 10Y CAGR —

Div yield —

ROE —

Engineering & Construction

Beta (5Y) 0.56

PE TTM 16.33

TSR TTM (39.64%)

Mkt cap ₹77.05B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹848

13.20%

10.79%

Price below Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

33.31

Revenue₹B

—

1.615

3.510

8.765

15.98

33.31

49.77

113.12%

108.51

Revenue growth%

—

117.32

149.74

82.29

108.51

49.40

112.91

—

100

100.00

Gross margin%

—

100.00

19.01

Operating margin%

—

12.28

23.02

22.96

19.11

19.01

19.34

19.11

14.37

Net margin%

—

5.33

15.79

16.58

14.34

14.37

14.70

14.37

16.33

P/E ratio (avg)x

—

23.68

10.69

23.68

—

12.34

EV/EBITx

—

17.91

8.119

17.91

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

45.86

EPS₹

—

0.83

5.31

13.94

21.95

45.86

70.07

172.91%

—

108.97

EPS growth%

—

541.90

162.69

57.43

108.97

52.79

135.83

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

0.20

1.00

—

71.00%

—

Div yield (avg)%

—

Payout ratio%

—

24.21

3.77

7.17

4.56

—

4.56

—

104.4

Shares (diluted)M

—

104.1

104.4

104.2

104.4

◌104.4

0.07%

0.04

Buyback yield%

—

(0.35)

0.19

(0.18)

0.04

◌—

(0.07)

—

D/E ratiox

—

78.16

Enterprise value₹B

—

113.4

78.16

—

LT debt₹M

—

Peers (US$814.0M)

Cap (US$)

NCC Limited

821.4M

10.57x

G R Infraprojects…

809.9M

6.814x

AXISCADES Technologies…

808.8M

209.2x

Huatu Cendes CO., LTD

814.6M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

144.3

35.65

Own earn%

—

Sh yield%

0.04

(0.07)

Owners

Insiders/Inst%

1.74

1.37

Short interest%

—

SBC / revenue%

0.03

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

12–23

$1 testx

—

Incr. ROIC%

—

Waaree Renewable Technologies Limited primarily engages in the engineering, procurement, and construction (EPC) contracts business in India. It offers ground-mounted, solar rooftop, floating solar, energy storage, green hydrogen, and asset management EPC solutions; and generates power through renewable energy sources, as well as offers operations and maintenance services.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹33.31B

113.12%

1.00×

Operating expenses

₹26.98B

108.91%

0.92×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m