INTRODUCED OF WAAREE ENERGY LIMITED:-
WAAREE ENERGY LIMITED is established in 1990. waaree energy Limited is a leading manufacturer of solar photovoltaic (PV) modules in India this offers a diverse range of PV modules, including multi crystalline, mono, crystalline, and tunnel oxide, passivated contact modules. market cap of this company is 62080 crore. PE RATIO 36X.
FINANCIAL OF WAAREE ENERGY LIMITED:-
Quarterly financial recent data
| Quarter Ending | Net Sales | EBITDA | Net Profit | Basic EPS (₹) |
| Dec 2024 | 3,457.29 | 809.71 | 492.69 | 18.41 |
| Sep 2024 | 3,574.38 | 613.94 | 361.65 | 13.75 |
| Jun 2024 | 3,408.90 | – | 394.14 | 14.98 |
Yearly Financial recent data
| Fiscal Year | Revenue from Operations | Net Profit | EBITDA | PAT Margin (%) | Debt-to-Equity Ratio |
| FY24 | 11,397.61 | 1,274.38 | 1,809.58 | 10.96 | 0.08 |
| FY23 | 6,750.87 | 500.28 | 944.13 | 7.29 | 0.15 |
key matrix of waaree energy limited
recent data
(FY-24)
| Metric | FY24 | FY23 | Remarks |
| Revenue from Operations | ₹11,397.61 Cr | ₹6,750.87 Cr | 69% YoY growth |
| Net Profit (PAT) | ₹1,274.38 Cr | ₹500.28 Cr | Over 150% increase YoY |
| EBITDA | ₹1,809.58 Cr | ₹944.13 Cr | Strong operating performance |
| EBITDA Margin | 15.56% | 13.76% | Improved efficiency |
| PAT Margin | 10.96% | 7.29% | Indicates better profitability |
| EPS (Basic) | ₹61.29 | ₹24.83 | Significantly higher returns for shareholders |
| Debt-to-Equity Ratio | 0.08 | 0.15 | Low financial leverage, improved capital structure |
| ROCE (Return on Capital) | ~38% (estimated) | ~30% (estimated) | Strong return on capital employed |
| Net Worth | ₹2,832.39 Cr | ₹1,558.01 Cr | Significant growth in shareholder equity |
| Cash Flow from Operations | Positive | Positive | Healthy operational cash flows |
Why should we consider WAAREE ENERGY LIMITED:-
| Factor | Details |
| Strong Revenue Growth | Revenue grew 69% YoY in FY24, reflecting strong demand and execution capability. |
| Improving Profit Margins | PAT margin improved from 7.29% in FY23 to 10.96% in FY24. EBITDA margin also strengthened. |
| Low Debt Levels | Debt-to-equity ratio dropped to 0.08 in FY24 — shows strong balance sheet and low financial risk. |
| High Return Ratios | ROCE estimated at ~38%, indicating efficient use of capital. |
| Supportive Industry Tailwinds | Renewable energy sector is backed by favorable policies and long-term demand growth. |
The above data shows the strength of the company that makes it india’s largest Energy sector share. WAAREE ENERGY LIMITED Hai announced that it has inaugurated India’s largest solar cell manufacturing Gigafactory in Chikhali Gujarat. Company informed that it’s operations also began in the factory on March 29. WAAREE energy Limited the India’s leading clean energy transition company celebrated the grand inauguration of its advanced 5.4 GW solar cell Gigafactory facility in Chikhali Gujarat. Spanning 150 acres with build up area of 101 acres. it force commitment to advancing a sustainable energy future for the nation.
Weakness of the WAAREE ENERGY LIMITED:-
| Factor | Details |
| Customer Concentration | A few large customers may contribute significantly to revenues — concentration risk. |
| Dependency on Imports | For raw materials like solar cells, Waaree may be partially dependent on imports, affecting margins. |
| Policy Risk | Heavily reliant on government policies/subsidies; regulatory changes could impact operations. |
The above data shows this company is heavily reliant on government policies, subsidies regulations, if any changes made by government will impact its financial. Raw form of solar cell is partially reliant on imports which Will affect margins. there are many big players in this market so the competition is high and margins are low.
Declaration:-
This blog is for educational purpose, and not to the recommendation to buy this stock before buying this stock. Contact your financial advisor and do your own research.
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