profit from every ₹100 of sales.
₹0₹100
Waaree Renewable Technologies
₹743.00-1.34% today
-20.5% in 1 year
1-year low ₹655.501-year high ₹1,116.10
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹16.20 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Waaree Renewable Technologies sold, what it kept, and what it did with the cash.
Sales went from ₹3.51 billion in 2023 to ₹33.3 billion in 2026, with ₹4.79 billion of profit last year.
SalesProfit
Waaree Renewable Technologies vs. similar companies
Waaree Renewable Technologies grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Waaree Renewable Technologies | 16.2× · Fair price | ||
 Quanta Services | 88.2× · Very expensive | ||
 Larsen & Toubro | 35.4× · Expensive | ||
 Ferrovial | 45.3× · Expensive | ||
 Comfort Systems USA | 38.1× · Expensive |
AI analysis
An AI analyst reads Waaree Renewable Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 3,508 | 8,764 | 15,977 | 33,314 | |
| 976 | 2,307 | 3,589 | 7,259 | |
| 811 | 2,012 | 3,045 | 6,325 | |
| 852 | 2,102 | 3,217 | 6,615 | |
| 554 | 1,453 | 2,292 | 4,787 | |
| 5.31 | 13.94 | 21.95 | – | |
| 27.8% | 26.3% | 22.5% | 21.8% | |
| 23.1% | 23.0% | 19.1% | 19.0% | |
| 15.8% | 16.6% | 14.3% | 14.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 2,827 | 7,143 | 11,201 | 23,738 |
| Cash | 33 | 96 | 268 | 718 |
| Total debt | 390 | 405 | 274 | 1,457 |
| Total liabilities | 1,977 | 4,680 | 6,652 | 14,400 |
| 851 | 2,465 | 4,554 | 9,343 | |
| 104 | 104 | 104 | – | |
| 49.7% | 53.3% | 49.0% | 45.3% | |
| 65.1% | 58.9% | 50.3% | 51.2% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 651 | 1,279 | 3,027 | 2,870 | |
| 833 | 108 | 1,014 | 1,225 | |
| -181 | 1,171 | 2,013 | 1,645 | |
| Dividends paid | 10 | 21 | 208 | – |
| – | – | – | – | |
| 8 | 11 | 3 | 5 |
Valuation
- 16.2×
- –
- –
- 10.3×
- 2.3×
- 47.2×
- 11.8×
- 2.1%
- 6.2%
- –
Profitability
- 21.8%
- 19.0%
- 14.4%
- –
- 45.3%
- 49.3%
- –
- –
- –
- –
Growth
- +111.8%
- –
- –
- –
- +0.1%
Financial health
- 0.1×
- 0.16
- –
- 49.1×
- 1.35
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 979
Top 16%of 984
Top 31%of 865
Top 1%of 983
Bottom 34%of 987
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
70Pass
Benjamin Graham
59No pass
Philip Fisher
63Pass
Peter Lynch
90Pass
Joel Greenblatt
77Pass
Charlie Munger
74Pass
Terry Smith
62Pass
Questions about Waaree Renewable Technologies
Is Waaree Renewable Technologies a good stock to buy?
A solid business at a fair price. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Waaree Renewable Technologies AI analysis
What does Waaree Renewable Technologies do?
Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It is in Engineering & Construction, based in Mumbai, India.
Is Waaree Renewable Technologies stock halal?
Yes. Waaree Renewable Technologies passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Waaree Renewable Technologies stock done over the past year?
Down 20.5% over the past twelve months, to ₹743.00. It traded between ₹655.50 and ₹1,116.10 and is 33.4% below its high.
Who are Waaree Renewable Technologies's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Waaree Renewable Technologies's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.