Waaree Energies shares were trading at Rs 3,715.30, up 2.23% from the previous close at 9:22 am. The stock is a constituent of the Nifty Midcap 150 index.
Financial Snapshot:
The following table summarizes the key financial data for Waaree Energies:
| Financials (Consolidated Yearly) | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue (Rs Crore) | 2,854.27 | 6,750.87 | 11,397.61 | 14,444.50 |
| Net Profit (Rs Crore) | 79.65 | 500.28 | 1,274.38 | 1,928.13 |
| EPS | 3.84 | 21.82 | 48.05 | 68.24 |
| BVPS | 21.69 | 75.54 | 155.45 | 329.96 |
| ROE | 17.68 | 26.25 | 30.26 | 19.69 |
| Debt to Equity | 0.73 | 0.15 | 0.08 | 0.10 |
The company has shown substantial growth in recent years. The revenue for the year 2025 was Rs 14,444.50 Crore compared to Rs 11,397.61 Crore in 2024. Net profit also increased from Rs 1,274.38 Crore in 2024 to Rs 1,928.13 Crore in 2025.
Standalone Income Statement (Annual):
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Sales (Rs Crore) | 2,771 | 6,532 | 10,717 | 12,764 |
| Other Income (Rs Crore) | 81 | 108 | 240 | 453 |
| Total Income (Rs Crore) | 2,852 | 6,641 | 10,957 | 13,218 |
| Total Expenditure (Rs Crore) | 2,722 | 5,947 | 9,266 | 10,690 |
| EBIT (Rs Crore) | 129 | 694 | 1,691 | 2,528 |
| Interest (Rs Crore) | 33 | 76 | 133 | 131 |
| Tax (Rs Crore) | 26 | 157 | 409 | 615 |
| Net Profit (Rs Crore) | 69 | 460 | 1,148 | 1,781 |
Sales increased from Rs 10,717 Crore in March 2024 to Rs 12,764 Crore in March 2025. Similarly, net profit increased from Rs 1,148 Crore to Rs 1,781 Crore for the same period.
Cash Flow:
| Cash Flow From (Rs Crore) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Activities | 571 | 1,491 | 2,116 | 2,939 |
| Investing Activities | -525 | -2,246 | -3,246 | -6,764 |
| Financing Activities | 66 | 871 | 960 | 4,076 |
| Others | 1 | 5 | -6 | -2 |
| Net Cash Flow | 114 | 122 | -175 | 249 |
| Equities & Liabilities (Rs Crore) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Share Capital | 197 | 243 | 262 | 287 |
| Reserves & Surplus | 231 | 1,699 | 3,840 | 9,120 |
| Current Liabilities | 1,370 | 4,845 | 5,083 | 7,313 |
| Other Liabilities | 240 | 544 | 1,487 | 1,130 |
| Total Liabilities | 2,039 | 7,333 | 10,673 | 17,851 |
| Assets (Rs Crore) | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Fixed Assets | 670 | 1,373 | 2,218 | 4,578 |
| Current Assets | 1,203 | 5,404 | 7,600 | 10,929 |
| Other Assets | 165 | 555 | 855 | 2,343 |
| Total Assets | 2,039 | 7,333 | 10,673 | 17,851 |
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Basic EPS (Rs.) | 3.53 | 20.80 | 44.60 | 65.09 |
| Diluted EPS (Rs.) | 3.53 | 20.56 | 44.42 | 64.82 |
| Book Value [Excl. Reval Reserve]/Share (Rs.) | 21.73 | 79.83 | 156.03 | 327.46 |
| Dividend/Share (Rs.) | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Margin (%) | 6.11 | 13.31 | 15.06 | 22.31 |
| Operating Margin (%) | 4.68 | 10.94 | 12.59 | 19.80 |
| Net Profit Margin (%) | 2.51 | 7.04 | 10.71 | 13.95 |
| Return on Networth / Equity (%) | 16.26 | 23.68 | 27.98 | 18.93 |
| ROCE (%) | 19.42 | 28.74 | 24.14 | 23.99 |
| Return On Assets (%) | 3.41 | 6.27 | 10.75 | 9.97 |
| Current Ratio (X) | 0.88 | 1.12 | 1.50 | 1.49 |
| Quick Ratio (X) | 0.49 | 0.56 | 0.99 | 1.18 |
| Debt to Equity (x) | 0.63 | 0.10 | 0.07 | 0.10 |
| Interest Coverage Ratios (X) | 4.98 | 11.32 | 12.12 | 21.63 |
| Asset Turnover Ratio (%) | 1.76 | 1.39 | 1.19 | 0.89 |
| Inventory Turnover Ratio (X) | 3.97 | 3.67 | 3.19 | 3.24 |
| 3 Yr CAGR Sales (%) | 5,164.30 | 7,982.57 | 10,252.60 | 114.62 |
| 3 Yr CAGR Net Profit (%) | 734.69 | 2,045.20 | 3,288.73 | 405.63 |
| P/E (x) | 0.00 | 0.00 | 0.00 | 36.94 |
| P/B (x) | 0.00 | 0.00 | 0.00 | 7.35 |
| EV/EBITDA (x) | 0.00 | 0.00 | 0.00 | 22.12 |
| P/S (x) | 0.00 | 0.00 | 0.00 | 5.41 |
- Intimation Of Incorporation Of Step-Down Subsidiary Companies
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Approval Received From BSE And NSE Regarding Reclassification Of Promoter Group As Public Shareholder.
According to a Moneycontrol analysis from September 8, 2025, the sentiment for Waaree Energies is bullish.
At 9:22 am, Waaree Energies shares were trading up 2.23% at Rs 3,715.30.
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