WAAREEENER · Technology · Solar
Composite scorecard: 74/100 — Quality 76 · Valuation 61 · Growth 100 · Momentum 49
| Share price | ₹2,826.20 |
| Market cap | ₹77,931 Cr |
| P/E ratio | 23.9 |
| P/B ratio | 6.8 |
| ROE | 26.9% |
| ROCE | 24.2% |
| Dividend yield | 0.15% |
| Book value | ₹399.82 |
| Year | Sales | Net profit | OPM |
|---|---|---|---|
| 2026 | ₹26,537 Cr | ₹3,884 Cr | 22.0% |
| 2025 | ₹14,444 Cr | ₹1,928 Cr | 19.0% |
| 2024 | ₹11,398 Cr | ₹1,274 Cr | 14.0% |
| 2023 | ₹6,751 Cr | ₹500 Cr | 12.0% |
| 2022 | ₹2,854 Cr | ₹80 Cr | 4.0% |
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and o