✓Verified Issuer · SEBI Listed
Waaree Energies Limited Unlisted Shares
Waaree Energies Limited Unlisted Shares Share Price
Industry manufacturingSector solar power energyDepository NSDL, CDSL
52W High
₹3,447.00
52W Low
₹3,447.00
1Y Return
+0.0%
Overview
About The Company
Deep Dive
Waaree Energies Limited Unlisted Shares Unlisted Shares
Financials · IPO timeline · Growth projects
Waaree Energies Limited (WEL), as per its credit rating report, is engaged in the manufacturing of solar PV modules. It also undertakes solar engineering, procurement, and construction (EPC) projects in India and overseas, and trades in solar products. Its manufacturing facilities are in Gujarat. It has 7 GW of solar module capacity and is setting up an additional 2 GW solar module and 5.4 GW solar cell capacities. The company was incorporated in 1990 and has its registered office located in Mumbai, Maharashtra.
Strong
Market Position
Consistent
YoY Growth
Experienced
Management
Fundamentals
Key Indicators
A snapshot of Waaree Energies Limited Unlisted Shares's financial health, valuation multiples and capital efficiency at a glance.
Current Share Price₹3,447.00
Face Value / Share₹10.00
Book Value / Share₹155.50
Price to Earning (PE)62.30
Price / Sales6.80
Price / Book19.20
Outstanding Shares2.63Cr
Market Cap₹7,867.28Cr
Debt / Equity1.70
Dividend / Share₹0.00
Dividend %0.00%
Return on Total Assets11.3%%
Return on Equity30.7%%
Working Capital Return18.9%%
Waaree Energies Limited Unlisted SharesNSDL, CDSL Unlisted Shares
₹3,447
Estimated total₹34,470
Settled in T+2 days · KYC verified dealers
Performance
Pricing Trends
6-Month Movement
₹3,447.00↗ +0.00 (+0.00%)
Financials
Financial Performance
| Indicators | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,632.7 | 6,860.4 | 2,950.9 | 1,993.4 | 2,021.3 | 1,612.7 | 1,357.3 |
| Expense | 9,823.2 | 5,916.2 | 2,748.3 | 1,867.9 | 1,903.9 | 1,453.0 | 1,230.5 |
| EBITDA | 1,809.5 | 944.2 | 202.5 | 125.4 | 117.4 | 159.7 | 126.8 |
| Other Cost | 75.4 | 267.0 | 80.0 | 62.3 | 59.4 | 129.5 | 85.4 |
| Profit Before Taxes | 1,734.1 | 677.2 | 122.5 | 63.2 | 58.0 | 30.2 | 41.4 |
| Tax Expense | 459.8 | 176.9 | 41.7 | 23.8 | 16.1 | 22.8 | 17.2 |
| Profit after Taxes | 1,274.3 | 500.3 | 80.8 | 39.4 | 41.8 | 7.5 | 24.3 |
| Other Income (Exp.) | -0.6 | -0.8 | -4.0 | 1.0 | 2.7 | -2.3 | 0.0 |
| Income (Net of Taxes) | 1,273.7 | 499.5 | 76.8 | 40.4 | 44.5 | 5.1 | 24.3 |
| Outstanding Share | 26.30 | 22.10 | 19.70 | 19.70 | 19.70 | 19.70 | 19.70 |
| Earning per Share (₹) | 48.10 | 21.80 | 4.10 | 2.00 | 2.10 | 0.40 | 1.20 |
| Revenue Growth % | 69.6% | 132.5% | 48.0% | -1.4% | 25.3% | 18.8% | — |
| EBITDA Margin % | 15.6% | 13.8% | 6.9% | 6.3% | 5.8% | 9.9% | 9.3% |
| Net Margin % | 10.9% | 7.3% | 2.6% | 2.0% | 2.2% | 0.3% | 1.8% |
| EPS Growth % | 120.6% | 431.7% | 105.0% | -4.8% | 425.0% | -66.7% | — |
Corporate
Registered Address
#
ISIN
INE377N01017
§
PAN
AAACA4043J
Address
602, Western Edge-I,Western Express Highway, Borivali East, Mumbai-400066
RTA
N/A
Leadership
Management Team
HC
Hitesh Chimanlal Doshi
Chairman & MD
HP
Hitesh Pranjivan Mehta
Chief Financial Officer
RM
Richa Manoj Goyal
Company Secretary
Press







In The News

ET↗
Waaree Energies files draft papers for Rs 3,000-crore IPO
Jul 29, 2025
Learn more →
MC↗
Waaree Energies IPO likely to be launched in mid-October: All you need to know
Jul 29, 2025
Learn more →
ET↗
Waaree Energies supplies 68 MW solar modules to Gensol Engineering
Jul 29, 2025
Learn more →
PV-MAGAZINE-INDIA↗
Waaree Energies chairman recognized as global solar leader at SNEC 2024
Jul 29, 2025
Learn more →
PASSIONATEINMARKETING↗
Waaree Energies Limited to supply 280 MW of ELITE Series Solar Modules to Mahindra Susten
Jul 29, 2025
Learn more →
RENEWABLESNOW↗
Acciona orders Waaree modules for 335-MW Indian PV project
Jul 29, 2025
Learn more →
CONSTRUCTIONWORLD↗
Waaree Energies Partners with Ecofy to Accelerate Solar Rooftop Projects.
Jul 29, 2025
Learn more →
CIONEWS↗
Waaree Energies Ltd. Appoints Mr. Amit Paithankar as the Chief Executive Officer
Jul 29, 2025
Learn more →Latest Article





From The Experts

blog↗
Waaree Energies IPO Delayed Over Non-Compliance
Aug 30, 2024
Read more →
blog↗
Waaree Renewable Wins 22MW EPC Solar Project with ISMT
Aug 1, 2024
Read more →
blog↗
Waaree Energies Secures 900 MW Solar Module Contract In Rajasthan
Jul 21, 2024
Read more →
blog↗
Waaree Energies To Supply 445 MW solar Modules To Statkraft India
Jun 28, 2024
Read more →
blog↗
Waaree Energies Tops PVEL's Reliability Benchmark for 3rd Consecutive Year
Jun 26, 2024
Read more →
blog↗
Waaree Energies Raises Rs 1,000 Cr for Expansion
Nov 13, 2023
Read more →Top Unlisted companies
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