* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Founded in 1989, Waaree Energies Limited is the flagship company of Waaree Group, headquartered in Mumbai, Maharashtra. It is India’s largest solar panel manufacturing company with a capacity of total 12GW at its plants in Chikli, Surat, and Umbergaon in Gujarat.
As the top solar panel business player, Waaree Energies provides EPC services, solar pumps, project development, solar rooftop solutions, and solar inverters. The company operates at 388 locations nationally and 20 countries internationally. As per the records shared by Waaree Energies Ltd, it commissioned 1+ GW of solar EPC projects and supplied 6+ GW of solar modules.
Waaree Energies Ltd is a sustainable energy solution provider that makes efficient electrical appliances and renewable energy products like solar panels. The company has been in the business for around 34 years now. More importantly, it has been quite successful in its business ventures. The company recently secured $112 million in the second round of equity funding led by Valuequest. This funding will be used to set up a new 6GW plant to help the company generate more solar panels annually. This will also increase Waaree Energies Ltd share price.
Waaree Energies is not currently listed on any stock exchange and provides unlisted shares for trading in the market. Waaree Energies Ltd share price keeps changing and depends on various factors like the company’s financial performance, market conditions, etc. This page will give you insights about the company and its performance.
The business model of Waaree Energies Limited comprises its various business segments, including Solar Products, Solar Services, Solar module manufacturing, and Solar EPC Services. Since various services included in the business model affect the company’s operating revenue, it indirectly influences the change in Waaree Energies Ltd share price in the unlisted share market as well. Here are the details of each business segment of Waaree Energies Ltd:
Waaree Energies Ltd manufactures high-quality, cost-effective solar modules for rooftop, floating, utility-scale, and off-grid projects. It has a modern solar module manufacturing facility of 12 GW, making Waaree one of India’s largest module manufacturers.
Waaree Energies Ltd also provides various solar products for various applications like heating, lighting, pumping, cooling, and more. Its solar products include solar heaters, lanterns, street lights, inverters, batteries, etc. Apart from this, the company is also known for providing customized solar products per the customer’s specific needs.
The company also provides solar EPC service for different sizes and complexity of projects. Waaree offers end-to-end solutions through its subsidiary, Waaree Renewable Technologies Ltd. Till now, the company has successfully installed over 10,000 solar projects with a total capacity of 600 MW at different locations in the country.
Waaree Energies also provides various solar services, an extensive part of its business model. Its services include the project development and management, operation and maintenance, asset management, and finance for the solar projects.
The company aims to make solar energy accessible and affordable to everyone. With a diversified business model, Waaree Energies establishes itself as the global leader in the renewable energy sector and contributes towards a greener future.
The company has been performing quite well in the industry and generating good revenue and profits. This is reflected in its unlisted share price, Waaree Energies Ltd share price increased almost 3X this year. At the beginning of the year, Waaree Energies Ltd share price was ₹560 and now after 12 months, the share price in December 2023 is ₹1500. This is a clear indication that Waaree Energies Ltd is a good company to invest in.
The financial performance of Waaree Energies Limited has improved over the years. It managed a positive Compound Annual Growth Rate (CAGR) and recorded a total revenue of Rs 68,604 crore in FY23 compared to Rs 2,9509 crore in FY22. The company recorded a surge of Rs 38,966 crore in its total revenue during FY 22-23.
As per the annual report Waaree Energies Ltd shared, its Profit After Tax (PAT) also increased from Rs 1,225 crore to Rs 6,772 crore during FY 22-23. Another financial metric in which Waaree recorded positive growth is the EBITDA, which also surged by 689 Basis Points in Percentage(bps).
In the last fiscal year, Waaree Energies successfully completed the private placement of its unlisted shares. The company issued around 4.4 crore shares at the face value of INR 225 per equity share. As of the consolidated data shared by Waaree Energies Ltd, its total valuation stood at approximately INR 5,400 crore. Talking about the funding history, Waaree Energies also secured funding of NIR 1,000 crore from Valvequest at a market capitalization of around INR 1,300 crore.
One of the main reasons to buy unlisted shares of Waaree Energies Ltd is because of its robust financial performance in the previous years. The company generated a revenue of ₹6750 crore and an EBITDA of ₹940 crore. This has significantly increased Waaree Energies Ltd share price which is a very good sign for investors.
Waaree Energies Ltd share price keeps changing and depends on various factors like the company’s current financial performance and fluctuations in the market. At Stockify, our team regularly updates the unlisted share prices based on fresh market data. We keep a close eye on the market conditions and record the change in price after analyzing the various metrics. On Stockify, you can easily check the updated Waaree Energies Limited share price and plan your investment with the assistance of our unlisted share brokers.
Apart from Waaree Energies Ltd, you can check the unlisted share prices of other top-performing companies. Here, you will get pre-IPO stock’s updated price trend and investment strategies from our talented unlisted share brokers. At Stockify, we help retail investors invest in companies with less risk and high investment returns. Get complete details of the best-unlisted shares in India and diversify your investment portfolio.
Reliance Retail, Pharmeasy, Chennai Super Kings, Anglo-French Drugs & Industries, Hexaware Technologies Ltd, Five Star Business Finance Ltd Unlisted Shares, Fincare Small Finance Bank Ltd Unlisted Shares, Arohan Financial Services Unlisted Shares, Utkarsh Coreinvest Ltd Unlisted Shares, Fino Paytech Ltd Unlisted Shares, Hero Fincorp Ltd Unlisted Shares, National Stock Exchange Ltd Nse Unlisted Shares, National Commodity Derivatives Exchange Ltd Ncdex Unlisted Shares, MetroPolitan Stock Exchange MSEI Unlisted Shares, Capital, Small Finance Bank Ltd Unlisted Shares, And Motilal Oswal Home Finance Ltd Unlisted Shares
Login To Buy Waaree Energies Ltd Unlisted Shares Today!
