WAAREE ENERGIES LIMITED
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WAAREE ENERGIES LIMITED
Waaree Energies Limited is an India-based renewable energy company. The Company is primarily engaged in the business of manufacturing of solar Photo-voltaic modules and solar cells, setting up of projects in solar space and the sale of electricity. The Company’s operating segments include Solar Photovoltaic Modules, Generation of Power, and Engineering, procurement and construction (EPC) contract. Its manufacturing plants are located in Tumb, Nandigram, Chikhli and Surat, Gujarat State, India. Its By Products include PV Modules, Inverter, Solar Kits, BESS and Electrolyzer Stacks. The PV Modules include HJT Module, N Type Module, Mono PERC, Flexible and Special Module. Its By Applications include Rooftop Solar, Flexible Solar, Small Modules, Special Modules, Energy Storage and Green Hydrogen. The Company’s solutions include EPC, Energy Storage and Green Hydrogen (Alkaline Electrolysers Turnkey).
Key Valuation & Ratios
SWOT Analysis
- Strong ROCE (28.1%)
- Sound financial health
- Market leader position
- Valuation multiplier (22.2x)
- Susceptible to macro headwinds
- Expanding sector trends
- Operational automation
- Stiff domestic competition
- Regulatory policy changes
Pros & Cons
- Consistent return ratios
- Stable business snapshot
- Strong promoter support
- Premium P/E over sector median
- Raw material input inflation
SEBI Filings & Corporate Announcements
Official BSE/NSE disclosures and announcements in chronological order