Waaree Renewables Technologies Ltd
Incorporated in 1999, Waaree Renewables Technologies Ltd is engaged in the business of generation of power through renewable energy sources and also provides consultancy services in this regard. [1]
- Market Cap ₹ 1,029 Cr.
- Current Price ₹ 494
- High / Low ₹ 558 / 278
- Stock P/E 41.2
- Book Value ₹ 22.7
- Dividend Yield 0.10 %
- ROCE 26.4 %
- ROE 33.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 21.8 times its book value
- Company has a low return on equity of 5.34% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Power Generation & Distribution Industry: Power Generation And Supply
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|
2 | 7 | 6 | 13 | 162 | 338 | |
2 | 4 | 5 | 6 | 138 | 295 | |
Operating Profit | 0 | 3 | 1 | 7 | 24 | 42 |
OPM % | 25% | 45% | 15% | 54% | 15% | 13% |
0 | 1 | 1 | 2 | 8 | 2 | |
Interest | 0 | 2 | 3 | 4 | 7 | 5 |
Depreciation | 0 | 1 | 1 | 2 | 4 | 3 |
Profit before tax | 0 | 1 | -3 | 3 | 21 | 36 |
Tax % | 79% | 334% | -26% | 170% | 58% | |
Net Profit | 0 | -2 | -3 | -2 | 9 | 25 |
EPS in Rs | 0.09 | -1.91 | -1.53 | -1.14 | 4.27 | 12.06 |
Dividend Payout % | 0% | 0% | 0% | 0% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 184% |
TTM: | 567% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 92% |
TTM: | 3233% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 61% |
3 Years: | 224% |
1 Year: | 26% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | 34% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|
10 | 10 | 21 | 21 | 21 | 21 | |
Reserves | 0 | -1 | 5 | 1 | 9 | 26 |
0 | 37 | 40 | 117 | 42 | 40 | |
5 | 48 | 56 | 62 | 96 | 122 | |
Total Liabilities | 16 | 95 | 122 | 202 | 168 | 210 |
4 | 32 | 30 | 155 | 73 | 70 | |
CWIP | 4 | 3 | 41 | 2 | 1 | 0 |
Investments | 0 | 0 | 0 | 30 | 1 | 0 |
8 | 59 | 50 | 16 | 93 | 140 | |
Total Assets | 16 | 95 | 122 | 202 | 168 | 210 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|
0 | -7 | 51 | -2 | 43 | |
0 | -28 | -38 | -105 | 9 | |
0 | 35 | 14 | 81 | -40 | |
Net Cash Flow | 0 | 0 | 27 | -26 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|
Debtor Days | 74 | 214 | 87 | 174 | 105 |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 74 | 214 | 87 | 174 | 105 |
Working Capital Days | -804 | -513 | -860 | -381 | -71 |
ROCE % | 10% | 3% | 8% | 26% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
25 Jan - We have received a Letter of Award (LoA) from one of India''s leading renewable energy company, for the execution of Engineering, Procurement and Construction (EPC) …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
25 Jan - We have received a Letter of Award (LoA) from one of India''s leading renewable energy company, for the execution of Engineering, Procurement and Construction (EPC) …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
25 Jan - Dated November 26, 2021 about receipt of Letter of Award in respect of EPC services for 140 MW DC solar power plant and further pursuant …
- Development Of Two Solar Power Project Comprising Of 5.5Mwp And 13Mwp Of Solar Capacity Under IPP Segment 25 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022
Annual reports
Concalls
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Feb 2022TranscriptPPT
Services
The Company has a renewable energy business with a focus on Solar PV, the primary focus being Solar Pumps, Solar Park, Captive Consumption, Floating Solar, and Rooftop Solar. It provides floating solar solutions, rooftop solar solutions and ground-mounted solar project EPC solutions. [1][2][3][4]