Waaree Renewable Technologies share price
NSE: WAAREERTLBSE: 534618Electrical EquipmentSmall Cap
Waaree Renewable Technologies Limited · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 2012 on BSE, Apr 2025 on NSE
Last close ₹677.30up ₹21.80 (3.33%)BSE ₹679.45
Share price at the NSE close on 27 Oct 2026. Previous close ₹655.50.
27 Oct: open ₹659.70, high ₹684.40, low ₹656.40
52-week range of traded prices to 27 Oct 2026
₹653.75Low, 26 Oct 2026₹1,358.00High, 27 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,070 Cr571st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 15.18
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.32
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 52.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 21.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.81
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,05,31630.7% delivered
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.Waaree Renewable Technologies quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +77.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +33.0%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹452 Crdown 44.33%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹68 Crdown 40.49%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 15.1%
Revenue by quarter
Peak revenue ₹1,102 Cr, quarter to Mar 2026; lowest ₹360 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 477 | 603 | 775 | 851 | 1,102 | 811 | 452 |
| Net profit | 54 | 94 | 87 | 117 | 122 | 157 | 114 | 68 |
| Net margin | 14.9% | 19.7% | 14.3% | 15.1% | 14.3% | 14.3% | 14.1% | 15.1% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,331 Crup 108.53%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹483 Crup 110.27%
- Net margin
- 14.5%
Revenue by year
Peak revenue ₹3,331 Cr, year to Mar 2026; lowest ₹0.26 Cr, year to Mar 2017
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 2 of the 10 years shown
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 2 | 5 | 2 | 8 | 154 | 342 | 867 | 1,597 | 3,331 |
| Net profit | 0 | 0 | 0 | 0 | 2 | 20 | 59 | 149 | 229 | 483 |
| Net margin | −12.9% | 7.8% | 6.1% | −9.4% | 30.8% | 13.3% | 17.4% | 17.2% | 14.4% | 14.5% |
Standalone. Years to March. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- EPC ContractsEPC Contracts, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,305 Crup 110.18%50.0%
- Power SalePower Sale, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,305 Cr50.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Waaree Renewable Technologies PE ratio and valuation
Price to earnings
At or below today's level on 1% of 247 trading days over the last year.
LowestHighest
Its median21.64Industry median22.52
Price to book
At or below today's level on 26% of 1,788 trading days since Nov 2018.
LowestHighest
Its median21.35Industry median3.21
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.8% | +110.1% | −59.0% | 0.0% |
Longer windows are left empty: a corporate action or price step on 2024-03-15 that cannot be sized sits inside this window.
Mutual fund holdings
8 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 5 of the 5 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 3
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 3
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 69,731 | 0.24% | ₹5.72 Cr |
| Motilal Oswal BSE Clean Environment Index FundMotilal Oswal Mutual Fund | 3,489 | 0.59% | ₹0.29 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 455 | 0.01% | ₹0.04 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 77 | 0.01% | ₹63,000 |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 76 | 0.01% | ₹62,320 |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 63 | 0.01% | ₹52,000 |
 Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 54 | 0.01% | ₹44,000 |
| Angel One Nifty Total Market ETFAngel One Mutual Fund | 53 | 0.01% | ₹43,460 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Waaree Renewable Technologies competitors and peers
Other Electrical Equipment, 83 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Waaree Renewable Technologies in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.Capital goods stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Emmvee Photovoltaic PowerEMMVEE | 16,661 | 11.75 | 3.80 | – | – | 53.1% | 33.4% | 0.42% |
 Avalon TechnologiesAVALON | 14,505 | 108.57 | 20.10 | +44.4% | +67.1% | 20.0% | 18.5% | 0.00% |
 Fujiyama Power SystemsUTLSOLAR | 11,331 | 38.50 | 8.90 | – | – | 23.1% | 33.3% | 0.00% |
 Genus Power InfrastructuresGENUSPOWER | 8,149 | 12.51 | 3.67 | +74.2% | +62.8% | 31.9% | 20.1% | 0.19% |
 Ram Ratna WiresRAMRAT | 5,053 | 39.85 | 8.72 | +60.5% | – | 23.9% | 21.6% | 0.46% |
 Vikram SolarVIKRAMSOLR | 4,728 | 13.26 | 1.49 | – | – | 11.3% | 18.6% | 0.00% |
 Saatvik Green EnergySAATVIKGL | 4,449 | – | 3.27 | – | – | – | 15.1% | 0.00% |
 Yash HighvoltageYASHHV | 3,821 | 63.68 | 11.95 | – | – | 25.0% | 24.5% | 0.11% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Waaree Renewable Technologies announcements
Oct 2026
27 Oct · Business
23 Oct · Business
19 Oct · Results
Waaree Renewable Technologies annual report, year to Mar 2026
Waaree Renewable Technologies share price by year
Each calendar year to 2025.Waaree Renewable Technologies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 967.60 | −27.9% | 1,420.05 | 763.35 |
| 2024BSE close | 1,342.85 | – | 2,990.40 | 1,278.95 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 15 Mar 2024.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 677.00 | 677.00 | 653.75 | 655.50 | 661.03 | 3,03,481 | 38.9% |
| 23 Oct 2026 | 719.00 | 720.00 | 673.15 | 678.25 | 684.68 | 4,07,416 | 38.8% |
| 22 Oct 2026 | 735.50 | 739.55 | 715.50 | 718.95 | 725.04 | 3,49,863 | 30.7% |
| 21 Oct 2026 | 722.00 | 760.00 | 722.00 | 743.25 | 742.30 | 18,50,898 | 17.2% |
| 19 Oct 2026 | 841.25 | 845.00 | 808.60 | 826.20 | 824.97 | 3,44,186 | 28.1% |
| 16 Oct 2026 | 815.00 | 840.00 | 801.00 | 837.10 | 825.31 | 3,00,977 | 38.9% |
| 15 Oct 2026 | 821.55 | 836.15 | 804.20 | 806.40 | 812.38 | 1,61,895 | 35.7% |
| 14 Oct 2026 | 808.25 | 815.00 | 800.00 | 808.20 | 808.70 | 1,04,123 | 44.5% |
| 13 Oct 2026 | 803.80 | 810.75 | 796.95 | 808.25 | 802.36 | 1,00,526 | 42.1% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Open offer history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Jan 2025 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 15 Mar 2024 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 31 Jul 2014 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.
Company details
- NSE symbol
- WAAREERTL
- BSE code
- 534618
- ISIN
- INE299N01021
- Industry
- Electrical Equipment
- Website
- www.waareertl.com
- CIN
- L93000MH1999PLC120470
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- 504, Wester Edge - I, Off: Western Express Highway, Borivali (E), Mumbai 400066, Maharashtra
- Share registrar
- Purva Sharegistry (India) Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments