WAAREE ENERGIES LIMITED
NSE: WAAREEENERMarket Closed • NSE
Day range
52 week range
WAAREE ENERGIES LIMITED closed at INR2565.40 (+2.86%) on volume 1.74x its 20-day average, trading 31.02% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -20.8% QoQ
2026-09-11
DIVIDEND Announced
Dividend - Rs 2 Per Share
2025-10-24
DIVIDEND Announced
Interim Dividend - Rs 2 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Strong Capital Efficiency: ROCE stands at 38.4%
Low Debt Profile: Debt-to-Equity is comfortable at 0.21x
Attractive Valuation: P/E of 19.4x trades below sector historical averages
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Solar.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 11 Sept 2026 | Dividend | ₹2.00 / share | — | 11 Sept 2026 |
| 24 Oct 2025 | Dividend | ₹2.00 / share | — | 24 Oct 2025 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 Tata Consultancy Services LimitedTCS Open analysis | ₹8.92L | 17.28 | 2.04% | ₹72,275.00 | ₹13,420.00 | +13.93% | +4.69% |
 Infosys LimitedINFY Open analysis | ₹4.70L | 15.82 | 4.50% | ₹48,211.00 | ₹7,775.00 | +14.03% | +12.29% |
 HCL Technologies LimitedHCLTECH Open analysis | ₹3.73L | 20.42 | 3.53% | ₹34,579.00 | ₹4,626.00 | +13.94% | +20.34% |
 Wipro LimitedWIPRO Open analysis | ₹1.82L | 14.49 | 4.60% | ₹24,236.30 | ₹3,501.80 | +7.70% | -1.90% |
 Tech Mahindra LimitedTECHM Open analysis | ₹1.59L | 28.77 | 3.09% | ₹15,712.00 | ₹1,486.00 | +17.68% | +31.62% |
 LTM LimitedLTM Open analysis | ₹1.30L | 24.90 | 1.77% | ₹11,608.00 | ₹1,469.00 | +17.96% | +17.05% |
 LG ELECTRONICS INDIA LTDLGEINDIA Open analysis | ₹1.17L | 63.96 | 0.00% | ₹7,233.35 | ₹652.86 | — | — |
 One97 Communications LimitedPAYTM Open analysis | ₹1.08L | 169.18 | 0.00% | ₹2,264.00 | ₹184.00 | +18.41% | +134.07% |
Incorporated in December 1990, Waaree Energies Limited is an Indian manufacturer of solar PV modules with an aggregate installed capacity of 12 GW.[1]WEL has five solar module manufacturing facilities in India, with international presence.
IndiaTechnology
Is WAAREE ENERGIES LIMITED Shariah compliant?
WAAREE ENERGIES LIMITED is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (5%) complies with AAOIFI threshold (≤ 33%).
What is WAAREE ENERGIES LIMITED's current valuation relative to peers?
WAAREE ENERGIES LIMITED trades at a P/E of 19.4x compared to the sector median of 23x, and a Price-to-Book of 5.1x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 0.21x. Interest coverage is 17.5x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at 18.5% while net profit growth averaged 24.6%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.