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Waaree Energies Ltd

TickerWAAREEENER.NSVenueNSESectorEnergyPrimary listingBeta-0.01

Waaree Energies Ltd is an India-based company in the Energy sector with a market capitalisation of $7.6B. Its FinScore is 68/100; its highest-scoring layer is Growth (79) and its lowest is Value (38). The shares trade at 19.0x trailing earnings and are down 15% year to date.

Market cap
$7.6B
P/E (TTM)
19.0x
Dividend yield (TTM)
0.08%
ROE
32.3%

Share price performance

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About Waaree Energies Ltd

waaree.com

Established in 1989 and based in Mumbai, India, Waaree Energies Limited is a leading manufacturer and global exporter of solar photovoltaic (PV) modules. The company supplies these advanced solar components for a diverse range of applications, spanning residential, commercial, industrial, and institutional sectors. Its operations are structured across three key divisions: solar PV module manufacturing, comprehensive EPC (Engineering, Procurement, and Construction) and O&M (Operations and Maintenance) solutions, and an independent power producer (IPP) segment. Waaree's extensive product portfolio includes a wide array of module technologies, such as HJT, TOPCon, mono PERC, and polycrystalline variants, alongside flexible and specialized modules. Furthermore, it provides both off-grid and on-grid inverters, as well as essential solar-powered products like streetlights, water heaters, and water pumps. Beyond manufacturing, the company delivers end-to-end EPC services, ensuring the seamless development and implementation of solar projects, complemented by its robust O&M services for ongoing performance. In its capacity as an independent power producer, Waaree Energies actively generates renewable electricity.

Profile
Sector
Energy
Industry
Solar
HQ
India
Fiscal year-end
March
Trading currency
INR
Reporting currency
INR
Fundamentals updated
81 days ago
Market
Market cap
$7.6B
Shares outstanding
287.7M
P/E (TTM)
19.0x
Dividend yield (TTM)
0.08%
Beta (issuer)
-0.01
Revenue (latest FY)
₹265.4B

Revenue breakdown

Revenue split not available

FinScore

As of 2026-10-20
Overall68
Quality74
Growth79
Value38
Momentum52
Relative Strength95

Snapshot

Ownership

Free float
16.5%
Shares outstanding
287.7M

Holder data is not available for this company yet.

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