Valuation Waaree Renewable Technologies Limited

Stocks

Market Closed - Bombay S.E. 03:33:02 11/09/2026 pm IST			5-day change	1st Jan Change
831.45 ^INR	-0.32%		-3.17%	-14.02%

28/08	Waaree Renewable Technologies Limited Receives Letter Of Award From One Of India?s Thermal Power Generating Company	CI
10/08	Waaree Renewable Technologies Limited Receives Letter of Award for Engineering, Procurement and Construction Works for 124 Mwp (88 Mwac) Ground-Mounted Solar Pv Project	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Market Cap ¹	1,032	5,910	16,118	1,46,377	94,619	81,630
Change	-	472.48%	172.71%	808.16%	-35.36%	-13.73%
Enterprise Value (EV) ¹	1,925	6,190	16,445	1,46,602	93,491	81,730
Change	-	221.58%	165.65%	791.49%	-36.23%	-12.58%
P/E	-43.5x	68.8x	29.2x	98.9x	41.4x	17.1x
PBR	4.63x	19.8x	18.9x	63x	20.8x	8.74x
PEG	-	-0x	0x	1x	0.8x	0x
Capitalization / Revenue	7.95x	3.66x	4.59x	16.7x	5.92x	2.45x
EV / Revenue	14.8x	3.83x	4.69x	16.7x	5.85x	2.45x
EV / EBITDA	27.4x	26.3x	19.6x	70.7x	30x	12.7x
EV / EBIT	36x	31.2x	20.4x	72.6x	30.6x	12.9x
EV / FCF	-1.45x	-584x	-103x	-871x	59.7x	-158x
FCF Yield	-68.8%	-0.17%	-0.97%	-0.11%	1.68%	-0.63%
Dividend per Share ²	-	0.2	0.2	1	1	-
Rate of return	-	0.35%	0.13%	0.07%	0.11%	-
EPS ²	-0.228	0.826	5.306	14.21	21.95	45.86
Distribution rate	-	24.2%	3.77%	7.04%	4.56%	-
Net sales ¹	129.8	1,615	3,510	8,764	15,977	33,314
EBITDA ¹	70.38	235	837.4	2,073	3,115	6,413
EBIT ¹	53.5	198.3	807.9	2,019	3,053	6,332
Net income ¹	-23.67	86.04	554.2	1,481	2,292	4,787
Net Debt ¹	892.6	280.1	326.7	225.9	-1,128	100.4
Reference price ²	9.92	56.79	154.87	1,405.45	907.65	782.30
Nbr of stocks (in thousands)	1,04,074	1,04,074	1,04,074	1,04,149	1,04,247	1,04,346
Announcement Date	08/09/21	03/09/22	04/09/23	23/08/24	29/08/25	31/08/26

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
WAAREE RENEWABLE TECHNOLOGIES LIMITED	-	-	-	-	91Cr
NYOCOR CO., LTD.	35.11x	-	-	1.11%	185.33Cr
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED	114.42x	10.65x	17.75x	-	176.05Cr
ENERGYVISION NV	48.34x	4.58x	21.03x	-.--%	119.25Cr
SOLARVEST HOLDINGS	28.81x	2.49x	18.87x	-.--%	80Cr
ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	19.57x	-	-	2.56%	64Cr
Average	49.25x	5.91x	19.22x	0.92%	119.28Cr
Weighted average by Cap.	57.58x	6.98x	19.03x	0.82%