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NSE · WAAREEENER · Capital Goods - Electrical Equipment

Waaree Energies Limited

₹2438
₹70,129 Cr market cap
P/E
17.94
EPS
₹135.93
Book value
₹556.91
ROE
23.05%
ROCE
24.02%
Debt / equity
0.18

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

06811136222043427245Mar 25Jun 25Sep 25Dec 25Mar 26Mar 26Jun 26Sep 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹4,578 Cr with net profit ₹671 Cr — a 14.66% net margin, versus 11.88% the period before.

Shareholding

As of 2026-09-30

64.12%
promoter holding
  • Promoter64.12%
  • Public23.22%
  • FII8.57%
  • DII4.09%

7,78,086 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

64.3%64.12%Dec 24Sep 26

52-week position

Where the current price sits in its yearly band

₹2162₹2438₹3557

The band spans 1.65× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Electric Equipment · ranked #7 of 103 by market cap · medians across 49 industry peers

P/E
17.94vs 33.02 peer med
P/B
4.38vs 5.16 peer med
ROE %
23.05vs 14.85 peer med
Margin %
11.72vs 7.85 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Heavy Electricals Ltd.₹1,45,829 Cr50.645.4510.76%7.62%
ABB India Limited₹1,43,547 Cr93.1415.3716.5%22.41%
Siemens Ltd.₹1,26,779 Cr84.349.159.66%17.43%
CG Power & Industrial Solutions Ltd.₹1,21,785 Cr87.1513.9415.74%10.04%
GE Vernova T&D India Ltd.₹1,02,880 Cr69.4131.2543.61%19.96%
Havells India Ltd.₹70,472 Cr41.537.2117.02%6.59%
Waaree Energies Limited(this company)₹70,129 Cr17.944.3823.05%11.72%
Apar Industries Ltd.₹59,069 Cr42.166.9216.16%5.4%
Suzlon Energy Limited₹52,909 Cr23.375.1621.98%12.29%
Dhoot Transmission Ltd.₹32,771 Cr67.758.111.97%7.6%

AI analysis

AI-generated · google/gemini-2.5-flash

Waaree Energies Limited, with a market capitalization of Rs 81,296 Cr, reported a revenue of Rs 14,846.06 Cr and a profit margin of 13.99%. The company's EPS stands at 136.85, with a Return on Equity (ROE) of 25.71% and a Return on Capital Employed (ROCE) of 29.30%. The debt-to-equity ratio is 0.13.

Positives

  • +Revenue growth was 26.7%.
  • +Return on Capital Employed (ROCE) is 29.30%.
  • +Debt-to-equity ratio is low at 0.13.
  • +Promoter holding of 64.12% is above 50%.

Negatives

  • −Promoter holding decreased from 64.30% in Oct 2024 to 64.12% in Jun 2026.
  • −Number of shareholders increased from 731,601 in Jun 2026 to 1,147,866 in Oct 2024, representing increased fragmentation.
  • −Quarterly EPS figures are not available in the provided data.
  • −No quarterly results have been disclosed since Mar 2026.

Financial Performance

Waaree Energies Limited reported an annualized revenue of Rs 14,846.06 Cr, reflecting a revenue growth of 26.7%. The net profit margin was 13.99%. The company's EPS is Rs 136.85. Quarterly revenue for March 2026 was Rs 8,480.25 Cr, with a net profit of Rs 1,061.1 Cr. EBITDA for the same quarter stood at Rs 1,455.84 Cr.

Profitability & Returns

The company demonstrated a Return on Equity (ROE) of 25.71% and a Return on Capital Employed (ROCE) of 29.30%. The profit margin for the latest available full period was 13.99%. The annual net profit for Mar 2026 was Rs 933.56 Cr and for Dec 2025 was Rs 1,009.48 Cr.

Balance Sheet

Waaree Energies Limited maintains a low debt-to-equity ratio of 0.13, indicating a reliance on equity financing over debt. The book value per share is Rs 501.9. The company's dividend yield stands at 7%.

Ownership & Pledges

As of June 30, 2026, the promoter holding in Waaree Energies Limited was 64.12%. Foreign Institutional Investors (FIIs) held 8.57% and Domestic Institutional Investors (DIIs) held 4.08%. Public shareholding was 23.23%. There are no reported promoter pledges.

Regulatory & Surveillance

No specific surveillance measures were reported for Waaree Energies Limited in the provided data.

Data as of — price: 2026-11-07 · financials: Sep 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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