Waaree Energies Ltd (WAAREEENER)
Capital Goods · Capital Goods - Electrical Equipment · NSE · Updated 1 October 2026
₹2,395↓ 28.03% (1Y)
🎯 Key Takeaways
- Revenue declined 6.5% QoQ to ₹7,932 in Q1FY27.
- Market Cap
- ₹68,892
- P/E Ratio
- 18.0
- P/B Ratio
- 4.77
- ROE
- 26.4%
- ROCE
- 33.2%
- Debt/Equity
- 0.17
- Div Yield
- 0.08%
- Promoter
- 64.1%
📊 Quarterly Results (₹ Cr)
| Metric | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 6,066 | 7,565 | 8,480 | 7,932 |
| Operating Profit | 1,167 | 1,661 | 1,276 | 1,110 |
| OPM % | 19.2% | 21.9% | 15.1% | 14.0% |
| Net Profit | 878 | 1,107 | 1,126 | 892 |
| EPS | ₹29.33 | ₹36.95 | ₹36.91 | ₹29.56 |
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 287 | 263 | 288 | 288 |
| Reserves | 9,192 | 4,583 | 14,150 | 11,198 |
| Borrowings | 1,199 | 985 | 2,492 | 2,941 |
| Total Liabilities | 19,485 | 14,035 | 30,115 | 24,625 |
| Fixed Assets | 4,015 | 1,624 | 7,313 | 6,171 |
| Investments | 65 | 114 | 968 | 254 |
| Total Assets | 19,485 | 14,035 | 30,115 | 24,625 |
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Operating | +3,158 | +1,627 |
| Investing | -6,808 | -3,953 |
| Financing | +4,036 | +2,573 |
| Net Cash Flow | +386 | +247 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 64.2% | 64.2% | 64.2% | 64.1% |
| FII | 6.3% | 6.9% | 7.0% | 8.6% |
| DII | 2.8% | 2.9% | 4.3% | 4.1% |
| Public | 19.3% | 19.0% | 17.4% | 16.1% |
| # Shareholders | 6,90,025 | 6,95,699 | 6,83,301 | 7,31,601 |
⚖️ Peer Comparison — Capital Goods - Electrical Equipment
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BHEL | 1.45 L Cr | 59.4 | 11.6% | — | 0.30 |
| ABB | 1.43 L Cr | 47.9 | 26.5% | — | 0.00 |
| POWERINDIA | 1.38 L Cr | 119.7 | 29.9% | — | 0.00 |
| CGPOWER | 1.35 L Cr | 108.3 | 21.3% | — | 0.00 |
| SIEMENS | 1.34 L Cr | 40.9 | 14.2% | — | 0.00 |
| GVT&D | 1.07 L Cr | 81.7 | 99.4% | — | 0.00 |
| APARINDS | 69,844 | 59.1 | 33.0% | — | 0.16 |
| WAAREEENER | 68,892 | 18.0 | 33.2% | — | 0.17 |
| SUZLON | 54,174 | 17.3 | 44.5% | — | 0.05 |
| THERMAX | 40,404 | 64.4 | 12.5% | — | 0.41 |
🔗 Peer Stock Analyses
📋 Recent Filings
- 🔴 Announcement2026-09-30Waaree Energies announced that its wholly owned subsidiary, Waaree Power Private Limited, commenced commercial production of a new solar inverter manu…
- Announcement2026-09-28Waaree Energies Ltd announced that its trading window will close on October 1, 2026, for all insiders until 48 hours after the unaudited quarterly res…
- 🟡 Board Meeting2026-09-25Waaree Energies held its 36th AGM on September 24, 2026, where shareholders approved all six resolutions including adoption of audited standalone and …
- 🟡 Board Meeting2026-09-24Waaree Energies held its 36th AGM on September 24, 2026 via video conference, approving audited standalone financial statements for FY2025-26, declari…
- 🟡 Board Meeting2026-09-24Waaree Energies approved a scheme to amalgamate Indosolar Limited into itself, creating a vertically integrated solar manufacturer. The merger consoli…
- 🔴 Announcement2026-09-24Waaree Energies announced that its subsidiary Waaree Clean Energy Solutions will enter India's specialty gases market to supply ultra-high purity gase…
- 🔴 Corporate Action2026-09-23Waaree Energies approved a scheme to amalgamate Indosolar Limited into itself, offering an exchange ratio of 1 new share for every 11 Indosolar shares…
- 🟡 Board Meeting2026-09-23Waaree Energies approved a scheme to amalgamate Indosolar Limited into itself, simplifying the group structure and eliminating duplicate compliance. T…
- 🔴 Announcement2026-09-22Waaree Energies announced its schedule for analyst and institutional investor meetings, including a virtual session with Goldman Sachs on September 28…
- 🔴 Announcement2026-09-21Waaree Energies announced it received a 2 GW solar module order from a leading domestic customer, to be delivered across financial years 2026-27 and 2…
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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