Valuation Waaree Renewable Technologies Limited

Stocks

Market Closed - Bombay S.E. 06:03:02 2026-09-11 am EDT			5-day change	1st Jan Change
831.45 ^INR	-0.32%		-1.99%	-14.02%

Aug. 28	Waaree Renewable Technologies Limited Receives Letter Of Award From One Of India?s Thermal Power Generating Company	CI
Aug. 10	Waaree Renewable Technologies Limited Receives Letter of Award for Engineering, Procurement and Construction Works for 124 Mwp (88 Mwac) Ground-Mounted Solar Pv Project	CI

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Market Cap ¹	1,032	5,910	16,118	146,377	94,619	81,630
Change	-	472.48%	172.71%	808.16%	-35.36%	-13.73%
Enterprise Value (EV) ¹	1,925	6,190	16,445	146,602	93,491	81,730
Change	-	221.58%	165.65%	791.49%	-36.23%	-12.58%
P/E	-43.5x	68.8x	29.2x	98.9x	41.4x	17.1x
PBR	4.63x	19.8x	18.9x	63x	20.8x	8.74x
PEG	-	-0x	0x	1x	0.8x	0x
Capitalization / Revenue	7.95x	3.66x	4.59x	16.7x	5.92x	2.45x
EV / Revenue	14.8x	3.83x	4.69x	16.7x	5.85x	2.45x
EV / EBITDA	27.4x	26.3x	19.6x	70.7x	30x	12.7x
EV / EBIT	36x	31.2x	20.4x	72.6x	30.6x	12.9x
EV / FCF	-1.45x	-584x	-103x	-871x	59.7x	-158x
FCF Yield	-68.8%	-0.17%	-0.97%	-0.11%	1.68%	-0.63%
Dividend per Share ²	-	0.2	0.2	1	1	-
Rate of return	-	0.35%	0.13%	0.07%	0.11%	-
EPS ²	-0.228	0.826	5.306	14.21	21.95	45.86
Distribution rate	-	24.2%	3.77%	7.04%	4.56%	-
Net sales ¹	129.8	1,615	3,510	8,764	15,977	33,314
EBITDA ¹	70.38	235	837.4	2,073	3,115	6,413
EBIT ¹	53.5	198.3	807.9	2,019	3,053	6,332
Net income ¹	-23.67	86.04	554.2	1,481	2,292	4,787
Net Debt ¹	892.6	280.1	326.7	225.9	-1,128	100.4
Reference price ²	9.92	56.79	154.87	1,405.45	907.65	782.30
Nbr of stocks (in thousands)	104,074	104,074	104,074	104,149	104,247	104,346
Announcement Date	9/8/21	9/3/22	9/4/23	8/23/24	8/29/25	8/31/26

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WAAREE RENEWABLE TECHNOLOGIES LIMITED	-	-	-	-	910M
NYOCOR CO., LTD.	35.39x	-	-	1.1%	1.87B
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED	111.86x	10.52x	17.53x	-	1.71B
ENERGYVISION NV	48.46x	4.59x	21.07x	-.--%	1.2B
SOLARVEST HOLDINGS	30.01x	2.56x	19.37x	-.--%	823M
ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	19.05x	-	-	2.63%	624M
Average	48.95x	5.89x	19.32x	0.93%	1.19B
Weighted average by Cap.	56.60x	6.86x	19.07x	0.82%