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Power · Alternative Power Generation · NSE: WAAREERTL · data 2026-11-02

Waaree Renewable Technologies Ltd

₹697.25Health: Strong 6.6/10
Feb 2026Low ₹655.5 · High ₹1,116.1-21.9%

In plain words

Price: 44.0% below its 52-week high of ₹1,245.

Delivery: 32.8% of traded shares were kept for delivery over the last 10 sessions, against 44.3% over the last 60.

Latest results: a net profit of ₹74 cr for the quarter ended Sept 2026 (-36.5% on the same quarter a year earlier).

A description of the data, not a recommendation.

Open full analysis — chart, results, balance sheet, red flags →

Key figures

Price
₹697.25
Market cap
₹7,252 cr
P/E
15.6
P/B
6.5
ROE
68.9%
ROCE
82.0%
Debt / equity
0.16
Dividend yield
0.00%
1-year return
-44.7%
52-week high
₹1,245
52-week low
₹653.75
Operating margin
16.8%

Growth

Revenue (last 12 months)₹3,936 cr
Net profit (last 12 months)₹466 cr
Sales growth, 3 years (yearly)111.7%
Profit growth, 3 years (yearly)105.2%

At a glance

Ownership
Moderate

Promoters 74.3% (-0.1 pts in a year), pledged 0.0%, institutions 2.1%.

Valuation
Moderate

P/E 15.6, P/B 6.5, dividend yield 0.0%. Price relative to earnings and book value (low is cheaper, not better).

Efficiency
Strong

ROE 68.9%, ROCE 82.0%, operating margin 16.8%: how much profit it earns on the money it uses.

Financials
Strong

Debt/equity 0.16, Profit growth 105.2% and sales growth 111.7% a year over 3 years.

Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.

Strengths and limitations

Strengths
  • High return on equity (68.9%).
  • Profit grew 105.2% a year over 3 years.
Limitations

None flagged by these rules.

Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.

Latest results in brief (Q2 FY27)

WAAREERTL Q2 FY27 results (consolidated figures, as filed on NSE).

Revenue was ₹1,057.84 crore, up 36.5% YoY and up 14.5% QoQ.

Net profit was ₹73.89 crore, down 36.5% YoY and down 36.2% QoQ.

Operating margin was 15.1% (20.4% a year ago).

EPS was ₹7.07, down 36.6% YoY and down 36.4% QoQ.

WAAREERTL के Q2 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।

राजस्व: ₹1,057.84 करोड़; पिछले साल की तुलना में 36.5% की बढ़त, पिछली तिमाही की तुलना में 14.5% की बढ़त।

शुद्ध मुनाफ़ा: ₹73.89 करोड़; पिछले साल की तुलना में 36.5% की गिरावट, पिछली तिमाही की तुलना में 36.2% की गिरावट।

ऑपरेटिंग मार्जिन: 15.1% (एक साल पहले 20.4%)।

EPS: ₹7.07; पिछले साल की तुलना में 36.6% की गिरावट, पिछली तिमाही की तुलना में 36.4% की गिरावट।

WAAREERTLના Q2 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).

આવક (રેવન્યુ): ₹1,057.84 કરોડ; ગયા વર્ષની સરખામણીએ 36.5% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 14.5% વધારો.

ચોખ્ખો નફો: ₹73.89 કરોડ; ગયા વર્ષની સરખામણીએ 36.5% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 36.2% ઘટાડો.

ઓપરેટિંગ માર્જિન: 15.1% (એક વર્ષ પહેલાં 20.4%).

EPS: ₹7.07; ગયા વર્ષની સરખામણીએ 36.6% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 36.4% ઘટાડો.

Written from the filed numbers. Not a recommendation.

Smart-money activity

14/100 · Weak over the last ~60 sessions, data 2026-10-30

A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.

Story so far

2026-10-31: Order win from A leading Independent Power Producer (I…2026-10-19: Q2 FY27 results: profit −36.5% YoY2026-10-08: Order win from Public Sector Undertaking (PSU)2026-07-22: Q1 FY27 results: profit +34.1% YoY2026-04-16: Q4 FY26 results: profit +66.0% YoY

● Order   ● Results

From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.

Quarterly results (consolidated)

QuarterRevenueNet profitProfit YoYOp. marginEPS ₹
Sept 2026₹1,058 cr₹74 cr-36.5%15.1%7.07
Jun 2026₹924 cr₹116 cr+34.1%18.8%11.11
Mar 2026₹1,102 cr₹156 cr+66.0%18.8%14.96
Dec 2025₹851 cr₹120 cr—18.7%11.5

Shareholding trend

HolderSept 2026Jun 2026Mar 2026Dec 2025
Promoters74.30%74.32%74.32%74.32%
Foreign institutions (FII)2.02%1.98%1.85%1.70%
Domestic institutions (DII)0.09%0.09%0.09%0.13%
Mutual funds0.07%0.07%0.07%0.09%
Retail investors19.33%19.30%19.31%19.36%
Number of shareholders3,01,4913,06,4453,08,3073,10,109

Common questions

What was Waaree Renewable Technologies Ltd's latest quarterly profit?

Waaree Renewable Technologies Ltd reported a net profit of ₹74 cr for the quarter ended Sept 2026 (-36.5% on the same quarter a year earlier), on revenue of ₹1,058 cr.

How much do promoters hold in Waaree Renewable Technologies Ltd?

Promoters held 74.30% of Waaree Renewable Technologies Ltd at the end of Sept 2026, with 0.00% of promoter shares pledged.

Is Waaree Renewable Technologies Ltd debt-free?

Its latest reported debt-to-equity ratio is 0.16.

What is Waaree Renewable Technologies Ltd's P/E ratio?

About 15.6, based on the last 12 months' earnings and a price of ₹697.25 (data 2026-11-02).

What is the 52-week high and low of Waaree Renewable Technologies Ltd?

The 52-week high is ₹1,245 and the 52-week low is ₹653.75.

Compared with similar companies

CompanyPriceMarket capP/EP/BROEROCEDebt/eq.1-yr return
Waaree Renewable Technologies Ltd₹697.25₹7,252 cr15.66.568.9%82%0.16-44.7%
Clean Max Enviro Energy Solutions Limited₹1,254.7₹14,612 cr——2.6%5.5%2.76+19.2%
Juniper Green Energy Limited₹250.98₹14,063 cr—2.72.2%4.3%4.02+2.4%
KPI Green Energy Limited₹281.7₹5,482 cr12.2—17.4%14.3%1.71-47.2%
Inox Green Energy Services Ltd.₹107.5₹4,278 cr34.2—5.6%1.4%0.06-59.7%
Ravindra Energy Ltd.₹134.86₹2,678 cr30.4619%11.8%1.35-13.9%

Compare WAAREERTL with CLEANMAX in detail →

The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.

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