Waaree Energies Ltd
NSE: WAAREEENER | BSE: 544277
₹2,997.50
As on 18-May-2026IST
Market cap
₹86,226 Cr
Revenue (TTM)
₹26,537 Cr
P/E Ratio
23.2
P/B Ratio
6
Div. Yield
0.1 %
Quality Score
9/10
Growth Score
9/10
Valuation Score
5/10
Momentum Score
5/10
Stock Range
Today’s Range
52 Week Range
Liquidity
Fundamentals
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Net Profit (TTM)
₹3,711 Cr
-
ROE
28.7 %
-
ROCE
34.7 %
-
Industry P/E
28.02
-
EV/EBITDA
12.4
-
Debt to Equity
0.1
-
Book Value
₹501.9
-
EPS
₹136.5
-
Face value
10
-
Shares outstanding
287,651,335
10 Years Aggregate
CFO
₹8,243.80 Cr
EBITDA
₹5,866.15 Cr
Net Profit
₹4,002.41 Cr
Performance
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Waaree Energies
| 1.0 | -13.5 | -1.8 | 2.6 | -- | -- | -- |
|
*
| -- | -- | -- | -- | -- | -- | -- |
|
Company
|
2025
|
|---|---|
|
Waaree Energies
| 3.7 |
|
BSE Mid Cap
| 1.1 |
|
| 11.7 |
Essential Checks
View DetailsIs there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
Financials
View DetailsKey Ratios
View Details
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Peers
View DetailsCompany |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Waaree Energies
|
2,997.5 | 86,226.4 | 26,536.8 | 3,884.2 | 18.5 | 30.3 | 23.2 | 6.0 |
| 1,696.5 | 24,231.9 | 5,409.1 | 2,942.5 | 39.0 | 18.3 | 8.2 | 1.4 | |
| 1,401.9 | 12,720.5 | 1,587.1 | 257.9 | 19.5 | 24.8 | 49.3 | 11.4 | |
| 11.1 | 1,299.7 | 293.0 | 71.6 | 33.1 | 5.1 | 18.7 | 1.1 | |
| 126.3 | 2,265.0 | 543.2 | 88.6 | 19.0 | 19.8 | 28 | 5.4 | |
| 3,060.7 | 1,08,953.3 | 8,735.3 | 1,309.8 | 18.9 | 29.3 | 83.2 | 22.6 | |
| 25.1 | 124.0 | 20.8 | 1.2 | -24.7 | 2.2 | 100 | 2.2 | |
| 201.1 | 7,295.5 | 4,802.3 | 470.4 | 15.7 | 15.5 | 15.5 | 2.3 | |
| 100.6 | 4,363.3 | 1,049.4 | 303.0 | 35.0 | 59.4 | 14.4 | -- |
Shareholding Pattern
View DetailsNews & Analysis
All NewsAbout Waaree Energies
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and... the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India. Read more
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Incorporated
1990
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Chairman
Hitesh Chimanlal Doshi
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Managing Director
Hitesh Chimanlal Doshi
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Headquarters
Mumbai, Maharashtra
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Website
Looking for more details about Waaree Energies Ltd’s IPO? Explore our IPO Details page.
Quarterly Updates
Annual Reports
FAQs for Waaree Energies
What is the current share price of Waaree Energies Ltd Today?
The share price of Waaree Energies Ltd is ₹2,997.50 (NSE) and ₹2,997.60 (BSE) as of 18-May-2026 IST. Waaree Energies Ltd has given a return of 2.62% in the last 1 years.
What is the current PB & PE ratio of Waaree Energies Ltd?
The P/E ratio of Waaree Energies Ltd is 23.23 times as on 18-May-2026, a 17 discount to its peers’ median range of 28.02 times.
The P/B ratio of Waaree Energies Ltd is 5.97 times as on 18-May-2026, a 11 premium to its peers’ median range of 5.36 times.
PE & PB ratio at the end of financial year.
| Year | P/E Ratio | P/B Ratio |
|---|---|---|
|
2025
|
37.01
|
7.34
|
|
2024
|
0.00
|
0.00
|
|
2023
|
0.00
|
0.00
|
|
2022
|
0.00
|
0.00
|
|
2021
|
0.00
|
0.00
|
What is the 52 Week High and Low of Waaree Energies Ltd?
The 52-week high and low of Waaree Energies Ltd are Rs 3,865.00 and Rs 2,403.00 as of 19-May-2026.
What is the market cap of Waaree Energies Ltd?
Waaree Energies Ltd has a market capitalisation of ₹ 86,226 Cr as on 18-May-2026. As per SEBI classification, it is a Mid Cap company.
Should I invest in Waaree Energies Ltd?
Before investing in Waaree Energies Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.

