Waaree Renewable Technologies share price
NSE: WAAREERTLBSE: 534618Electrical EquipmentSmall Cap
Last close ₹678.25down ₹40.70 (5.66%)BSE ₹678.60
Share price at the NSE close on 23 Oct 2026. Previous close ₹718.95.
52-week range of traded prices to 23 Oct 2026
₹673.15Low, 23 Oct 2026₹1,358.00High, 27 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹7,080 Cr571st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 19 Oct 2026
- 15.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 Oct 2026
- 6.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 19 Oct 2026
- 52.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 19 Oct 2026
- 21.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 19 Oct 2026
- 0.81
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,07,41638.8% delivered
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Sep 2026, against the quarter beforeFiled 19 Oct
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹452 Crdown 44.33%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹68 Crdown 40.49%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 15.1%
Revenue by year
Peak revenue ₹3,331 Cr, year to Mar 2026
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 2 of the 10 years shown
| ₹ crore | Dec 2024Filed 17 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 17 Jul | Sep 2025Filed 10 Oct | Dec 2025Filed 14 Jan | Mar 2026Filed 16 Apr | Jun 2026Filed 22 Jul | Sep 2026Filed 19 Oct |
|---|---|---|---|---|---|---|---|---|
| Revenue | 360 | 477 | 603 | 775 | 851 | 1,102 | 811 | 452 |
| Net profit | 54 | 94 | 87 | 117 | 122 | 157 | 114 | 68 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 14.9% | 19.7% | 14.3% | 15.1% | 14.3% | 14.3% | 14.1% | 15.1% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- EPC ContractsEPC Contracts, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,305 Crup 110.18%50.0%
- Power SalePower Sale, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,305 Cr50.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 0.4% of 247 trading days over the last year.
LowestHighest
Its median21.7Industry median23.3
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 26% of 1,786 trading days since Nov 2018.
LowestHighest
Its median21.4Industry median3.1
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.11.8
At or below today's level on 1% of 1,203 trading days over the last 5 years.
LowestHighest
Its median31.0Industry median17.0
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.8% | +110.1% | −59.0% | 0.0% |
Longer windows are left empty: a corporate action or price step on 2024-03-15 that cannot be sized sits inside this window.
Mutual funds holding it
8 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 5 of the 5 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 3
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 3
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 69,731 | 0.24% | ₹5.72 Cr |
| Motilal Oswal BSE Clean Environment Index FundMotilal Oswal Mutual Fund | 3,489 | 0.59% | ₹0.29 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 455 | 0.01% | ₹0.04 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 77 | 0.01% | ₹63,000 |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 76 | 0.01% | ₹62,320 |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 63 | 0.01% | ₹52,000 |
 Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 54 | 0.01% | ₹44,000 |
| Angel One Nifty Total Market ETFAngel One Mutual Fund | 53 | 0.01% | ₹43,460 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Other Electrical Equipment, 83 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Waaree Renewable Technologies in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Emmvee Photovoltaic PowerEMMVEE | 16,336 | 11.5 | 3.7 | 8.1 | – | – | 53.1% | 33.4% | 0.42% |
 Avalon TechnologiesAVALON | 12,417 | 92.9 | 17.2 | 62.2 | +44.4% | +67.1% | 20.0% | 18.5% | 0.00% |
 Fujiyama Power SystemsUTLSOLAR | 11,111 | 37.8 | 8.7 | 17.9 | – | – | 23.1% | 33.3% | 0.00% |
 Genus Power InfrastructuresGENUSPOWER | 7,886 | 12.1 | 3.6 | 9.7 | +74.2% | +62.8% | 31.9% | 20.1% | 0.19% |
 Ram Ratna WiresRAMRAT | 4,977 | 39.2 | 8.6 | 18.1 | +60.5% | – | 23.9% | 21.6% | 0.47% |
 Vikram SolarVIKRAMSOLR | 4,637 | 13.0 | 1.5 | 4.3 | – | – | 11.3% | 18.6% | 0.00% |
 Saatvik Green EnergySAATVIKGL | 4,475 | – | 3.3 | 13.1 | – | – | – | 15.1% | 0.00% |
 Yash HighvoltageYASHHV | 3,479 | 58.0 | 10.9 | 38.1 | – | – | 25.0% | 24.5% | 0.12% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
23 Oct · Business
15 Oct · Analysts
Waaree Renewable Technologies share price by year
Each calendar year to 2025.Waaree Renewable Technologies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 967.60 | −27.9% | 1,420.05 | 763.35 |
| 2024BSE close | 1,342.85 | – | 2,990.40 | 1,278.95 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 15 Mar 2024.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 719.00 | 720.00 | 673.15 | 678.25 | 684.68 | 4,07,416 | 38.8% |
| 22 Oct 2026 | 735.50 | 739.55 | 715.50 | 718.95 | 725.04 | 3,49,863 | 30.7% |
| 21 Oct 2026 | 722.00 | 760.00 | 722.00 | 743.25 | 742.30 | 18,50,898 | 17.2% |
| 19 Oct 2026 | 841.25 | 845.00 | 808.60 | 826.20 | 824.97 | 3,44,186 | 28.1% |
| 16 Oct 2026 | 815.00 | 840.00 | 801.00 | 837.10 | 825.31 | 3,00,977 | 38.9% |
| 15 Oct 2026 | 821.55 | 836.15 | 804.20 | 806.40 | 812.38 | 1,61,895 | 35.7% |
| 14 Oct 2026 | 808.25 | 815.00 | 800.00 | 808.20 | 808.70 | 1,04,123 | 44.5% |
| 13 Oct 2026 | 803.80 | 810.75 | 796.95 | 808.25 | 802.36 | 1,00,526 | 42.1% |
| 12 Oct 2026 | 804.00 | 814.90 | 801.25 | 803.40 | 806.04 | 72,104 | 43.9% |
| 9 Oct 2026 | 799.70 | 814.80 | 798.80 | 802.45 | 804.57 | 1,25,233 | 29.6% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Open offer history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 13 Jan 2025 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
| 15 Mar 2024 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 31 Jul 2014 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it. Any other event is noted and not adjusted for.
Company details
- Legal name
- Waaree Renewable Technologies Limited
- NSE symbol
- WAAREERTL
- BSE code
- 534618
- ISIN
- INE299N01021
- Industry
- Electrical Equipment
- Listed
- Aug 2012 on BSE, Apr 2025 on NSE
- Face value
- ₹2
- CIN
- L93000MH1999PLC120470
- Corporate identity number, the registrar of companies' code for it