Is Waaree Renewable Technologies a good stock to invest in?

Waaree Renewable Technologies can be analyzed on the following key metrics - TTM P/E: 29.08 Sector P/E: - Dividend Yield: 0.12 D/E ratio: 0.46

Waaree Renewable Technologies

Sector: Electric Utilities

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847.1 -14.5 (-1.68%)Updated : Wed May 31 2023 10:11:02

Price Range

Today’s Low840.2

Today’s High878.9

52 Week Low281.0

52 Week High1022.0

Key Metrics

Market Cap (In Cr) 1793.41
Beta 0.53
Div. Yield (%) 0.12
P/B 21.06
TTM P/E 29.08
Peg Ratio 0.06
Sector P/E -
D/E 0.46
Open Price 862.10
Prev Close 861.60

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Waaree Renewable Technologies Analysis

Price Analysis

1 Week
0.87%
3 Month
42.50%
6 Month
73.57%
YTD
72.20%
1 Year
164.78%

Risk Meter

47%High risk
47%High risk
47%High risk
47%High risk
47%High risk

Waaree Renewable Technologies Financials

INCOME
BALANCE SHEET
Cashflow

Annual

Quarterly

Period	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Total Revenue	350.96	161.50	12.98	5.66
Selling/ General/ Admin Expenses Total	9.78	5.60	0.73	1.42
Depreciation/ Amortization	2.95	3.67	1.69	1.11
Other Operating Expenses Total	4.47	3.04	1.46	2.12
Total Operating Expense	270.17	141.66	7.68	6.41
Operating Income	80.79	19.83	5.30	-0.75
Net Income Before Taxes	77.01	21.22	3.40	-2.52
Net Income	55.42	8.60	-2.37	-3.18
Diluted Normalized EPS	26.53	4.13	-1.14	-0.98

View detailed financials

Forecast

Income Sheet (In Cr)Net Income Vs Revenue

Returns Metrics (In Cr)ROA Vs ROE

Waaree Renewable Technologies Technical

Simple Moving Average

5 Day 875.29
10 Day 916.45
20 Day 942.67

50 Day 867.38
100 Day 704.07
300 Day 583.75

Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Nava
241.35
-0.7
-0.29
279.45
144
3502

PTC India
99.64
1.2
1.22
117.5
67.75
2949.43

Waaree Renewable Technologies
847.1
-14.5
-1.68
1022
281
1763.22

KPI Green Energy
493
-9.5
-1.89
556.5
219.2
1781.41

Rattan India Power
3.34
0.16
5.03
5.65
2.82
1793.62

Waaree Renewable Technologies Shareholding

Shareholding Pattern

Shareholding Trend

0

Shareholding(%) v/s Date

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Corporate Actions

Board Meetings
AGM
Dividends
Bonus
Split
Rights

Meeting Date	Purpose
19-May-23	Audited Results & Dividend
13-Feb-23	Quarterly Results
09-Nov-22	Quarterly Results
10-Aug-22	Quarterly Results
24-May-22	Audited Results
06-Apr-22	Employees Stock Option Plan
08-Feb-22	Quarterly Results
13-Nov-21	Quarterly Results
20-Aug-21	Interim Dividend
14-Aug-21	Quarterly Results

View All

Company Profile

ABOUT Waaree Renewable Technologies

Industry Electric Utilities
ISIN INE299N01013
BSE Code 534618
NSE Code -

Waaree Renewable Technologies Limited is an India-based renewable energy company. The Company is engaged in the solar engineering, procurement and construction (EPC) business. The Company is also a solar developer that finances, constructs, owns and operates solar projects. It has installed over 10000 solar projects, with a total capacity of over 600 megawatts (MW). It caters to individual, industrial and commercial customers by encouraging them to adapt energy solutions that help in reducing the release of carbon. Its solution and services include CapEx (Capital Expenditure) model, design and engineering, procurement of components, installation and commissioning, and operations and maintenance. It provides clean energy to its clients by setting up both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open access solar plants). Its projects include Maharashtra seamless Ltd-10 MW; Balaji Shivam 70 kilowatts (KW) (AC modules), and NTPC Kawas 14 MW.

MANAGEMENT

Hitesh Mehta Chief Financial Officer, Executive Director
Heema Shah Compliance Officer, Company Secretary
Pujan Doshi Managing Director, Executive Director
Viren Doshi Executive Director

Waaree Renewable Technologies SUMMARY

Waaree Renewable Technologies is trading -1.68% lower at Rs 847.10 as compared to its last closing price. Waaree Renewable Technologies has been trading in the price range of 878.90 & 840.20. Waaree Renewable Technologies has given 72.20% in this year & 0.87% in the last 5 days.

The company posted a net profit of 12.28 Crores in its last quarter.

Listed peers of Waaree Renewable Technologies include Nava (-0.29%), PTC India (1.22%), Waaree Renewable Technologies (-1.68%) etc.

FAQs about Waaree Renewable Technologies

Waaree Renewable Technologies is trading at 847.10 as on Wed May 31 2023 10:11:02. This is -1.68% lower as compared to its previous closing price of 861.60.

The market capitalization of Waaree Renewable Technologies is 1763.22 Cr as on Wed May 31 2023 10:11:02.

The 52 wk high for Waaree Renewable Technologies is 1022.00 whereas the 52 wk low is 281.00

Waaree Renewable Technologies can be analyzed on the following key metrics -

TTM P/E: 29.08
Sector P/E: -
Dividend Yield: 0.12%
D/E ratio: 0.46

Waaree Renewable Technologies reported a net profit of 55.42 Cr in 2023.

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