Waaree Renewable (WAAREERTL) | Financial Analysis & Statements
Waaree Renewable Technologies Ltd. | Mid-cap | Utilities
Waaree Renewable Technologies Ltd. | Mid-cap | Utilities
Financial Overview
Latest Annual: 2025Income Metrics
Revenue
16.0B
Gross Profit
3.6B
22.47%
Operating Income
3.0B
19.06%
Net Income
2.3B
14.33%
Balance Sheet Metrics
Total Assets
11.2B
Total Liabilities
6.7B
Shareholders Equity
4.5B
Debt to Equity
1.46
Cash Flow Metrics
Operating Cash Flow
4.3B
Free Cash Flow
2.0B
Revenue & Profitability Trend
Waaree Renewable Income Statement From 2024 to 2025
| Metric | 2025 | 2024 |
|---|---|---|
| Revenue | 16.0B | 8.8B |
| Cost of Goods Sold | 12.4B | 6.5B |
| Gross Profit | 3.6B | 2.3B |
| Operating Expenses | 184.9M | 56.2M |
| Operating Income | 3.0B | 2.0B |
| Pre-tax Income | 3.0B | 2.0B |
| Income Tax | 715.5M | 503.7M |
| Net Income | 2.3B | 1.5B |
| EPS (Diluted) | - | ₹14.21 |
Income Statement Trend
Waaree Renewable Balance Sheet From 2024 to 2025
| Metric | 2025 | 2024 |
|---|---|---|
| Assets | ||
| Current Assets | 8.1B | 5.5B |
| Non-Current Assets | 3.1B | 1.6B |
| Total Assets | 11.2B | 7.1B |
| Liabilities | ||
| Current Liabilities | 6.1B | 4.3B |
| Non-Current Liabilities | 522.3M | 499.3M |
| Total Liabilities | 6.7B | 4.8B |
| Equity | ||
| Total Shareholders Equity | 4.5B | 2.3B |
Balance Sheet Composition
Waaree Renewable Cash Flow Statement From 2024 to 2025
| Metric | 2025 | 2024 |
|---|---|---|
| Operating Activities | ||
| Net Income | 3.0B | 2.0B |
| Operating Cash Flow | 4.3B | -763.6M |
| Investing Activities | ||
| Capital Expenditures | -1.0B | -108.0M |
| Investing Cash Flow | -1.0B | -108.0M |
| Financing Activities | ||
| Dividends Paid | -208.4M | -20.8M |
| Financing Cash Flow | -206.2M | -19.1M |
| Free Cash Flow | 2.0B | 1.2B |
Cash Flow Trend
Waaree Renewable Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
44.44
Price to Book
22.34
Price to Sales
6.39
Profitability Ratios
Profit Margin
14.34%
Operating Margin
26.17%
Return on Equity
66.65%
Return on Assets
20.75%
Financial Health
Current Ratio
1.32
Debt to Equity
6.02
Beta
0.40
Per Share Data
EPS (TTM)
₹21.96
Book Value per Share
₹43.69
Revenue per Share
₹153.39
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| waareertl | 102.0B | 44.44 | 22.34 | 66.65% | 14.34% | 6.02 |
| Adani Green Energy | 1.7T | 124.09 | 15.36 | 10.00% | 12.72% | 354.58 |
| NTPC Green Energy | 924.6B | 163.78 | 4.96 | 3.83% | 21.52% | 104.90 |
| Acme Solar Holdings | 171.3B | 68.21 | 3.60 | 7.07% | 16.00% | 243.40 |
| KPI Green Energy | 104.1B | 32.73 | 3.98 | 18.77% | 18.42% | 56.08 |
| Inox Green Energy | 55.3B | 270.69 | 2.48 | 1.16% | 8.41% | 9.17 |
Financial data is updated regularly. All figures are in the company's reporting currency.