Company Waaree Energies Limited
Equities
WAAREEENER
INE377N01017
Renewable Energy Equipment & Services
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,125.20 INR | -2.61% |
|
-0.35% | +5.29% |
| May. 06 | Waaree Energies says unit enters PPA for 300MW wind project in Dwarka, Gujarat | RE |
| May. 01 | Waaree Energies Limited, Q4 2026 Earnings Call, Apr 30, 2026 |
Business description: Waaree Energies Limited

Number of employees: 1,804
Sales by Activity: Waaree Energies Limited
| Fiscal Period: March | 2021 (INR) | 2022 (INR) | 2023 (INR) | 2024 (INR) | 2025 (INR) |
|---|---|---|---|---|---|
Solar Photovoltaic Modules | - | 27.71B | 65.52B | 107B | 130B |
Solar Photovoltaic Modules and EPC of Solar Power Plants | 19.47B | - | - | - | - |
Engineering, Procurement and Construction Contract | - | 1.47B | 3.33B | 8.48B | 15.59B |
Generation of Power | 61.83M | 145M | 127M | 286M | 335M |
Inter Segment Eliminations | - | -786M | -1.47B | -1.33B | -1.05B |
Geographical breakdown of sales: Waaree Energies Limited
| Fiscal Period: March | 2021 (INR) | 2022 (INR) | 2023 (INR) | 2024 (INR) | 2025 (INR) |
|---|---|---|---|---|---|
India | - | 21.96B | 21.34B | 48.29B | 120B |
Outside India | - | 6.58B | 46.17B | 65.69B | 24.03B |
Executive Committee: Waaree Energies Limited
| Manager | Title | Age | Since |
|---|---|---|---|
Jignesh Rathod
CEO | Chief Executive Officer | - | 2026-03-20 |
Abhishek Pareek
DFI | Director of Finance/CFO | 37 | 2026-03-20 |
| Chief Executive Officer | 59 | 2007-02-15 | |
| Compliance Officer | - | 2023-05-18 | |
Varun Goenka
PRN | Corporate Officer/Principal | - | 2026-03-31 |
Composition of the Board of Directors: Waaree Energies Limited
| Director | Title | Age | Since |
|---|---|---|---|
| Chairman | 59 | 2007-02-15 | |
| Director/Board Member | 60 | 2011-03-31 | |
| Director/Board Member | 73 | 2019-01-15 | |
| Director/Board Member | 51 | 2021-08-29 | |
Jignesh Rathod
BRD | Director/Board Member | - | 2026-03-20 |
| Director/Board Member | 74 | 2025-03-25 | |
| Director/Board Member | 62 | 2025-06-30 |
Holdings: Waaree Energies Limited
| Name | Equities | % | Valuation |
|---|---|---|---|
| 77,550,245 | 74.32% | 833 M $ | |
INDOSOLAR LIMITED 74.93% | 31,173,505 | 74.93% | 143 M $ |
INDOSOLAR LIMITED 1.17% | 160,000 | 1.17% | 2 $ |
Company details: Waaree Energies Limited

Group companies: Waaree Energies Limited
| Name | Category and Sector |
|---|---|
Electronic Equipment/Instruments
| |
Electronic Equipment/Instruments
| |
Alternative Power Generation
| |
Alternative Power Generation
|
Photovoltaic Solar Systems & Equipment
| Change | 5d. change | 1-year change | 3-years change | Capi.($) | ||
|---|---|---|---|---|---|---|
| -2.61% | -0.35% | +20.48% | - | 9.69B | ||
| -2.23% | +3.96% | +46.00% | -1.57% | 25.07B | ||
| -1.70% | +5.44% | +148.43% | +133.48% | 21.62B | ||
| -0.70% | +1.65% | +147.62% | +218.28% | 18.75B | ||
| +0.54% | +1.46% | +11.93% | -50.52% | 18.47B | ||
| +0.54% | +11.58% | +32.97% | -36.47% | 11.15B | ||
| -1.34% | -2.19% | +2.97% | -55.98% | 11.15B | ||
| +2.59% | +7.21% | +71.70% | - | 7.99B | ||
| -2.75% | +0.22% | +19.06% | -42.48% | 7.2B | ||
| +5.83% | +11.09% | +20.70% | -68.68% | 5.4B | ||
| Average | +0.96% | +3.14% | +52.19% | +12.01% | 13.65B | |
| Weighted average by Cap. | +0.85% | +2.58% | +64.26% | +36.17% |
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