Valuation Waaree Renewable Technologies Limited

Stocks

Market Closed - Bombay S.E. 18:21:12 30/10/2026 HKT			5-day change	1st Jan Change
694.75 ^INR	+0.51%		+2.38%	-28.16%

10-23	Waaree Renewable Technologies Limited Updates Solar Pv Plant Epc Contracts with One of India?S Renewable Energy Companies	CI
10-21	Waaree Renewable Technologies Limited, Q2 2027 Earnings Call, Oct 21, 2026

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Market Cap ¹	1,032	5,910	16,118	146,377	94,619	81,630
Change	-	472.48%	172.71%	808.16%	-35.36%	-13.73%
Enterprise Value (EV) ¹	1,925	6,190	16,445	146,602	93,491	81,730
Change	-	221.58%	165.65%	791.49%	-36.23%	-12.58%
P/E	-43.5x	68.8x	29.2x	98.9x	41.4x	17.1x
PBR	4.63x	19.8x	18.9x	63x	20.8x	8.74x
PEG	-	-0x	0x	1x	0.8x	0x
Capitalization / Revenue	7.95x	3.66x	4.59x	16.7x	5.92x	2.45x
EV / Revenue	14.8x	3.83x	4.69x	16.7x	5.85x	2.45x
EV / EBITDA	27.4x	26.3x	19.6x	70.7x	30x	12.7x
EV / EBIT	36x	31.2x	20.4x	72.6x	30.6x	12.9x
EV / FCF	-1.45x	-584x	-103x	-871x	59.7x	-158x
FCF Yield	-68.8%	-0.17%	-0.97%	-0.11%	1.68%	-0.63%
Dividend per Share ²	-	0.2	0.2	1	1	-
Rate of return	-	0.35%	0.13%	0.07%	0.11%	-
EPS ²	-0.228	0.826	5.306	14.21	21.95	45.86
Distribution rate	-	24.2%	3.77%	7.04%	4.56%	-
Net sales ¹	129.8	1,615	3,510	8,764	15,977	33,314
EBITDA ¹	70.38	235	837.4	2,073	3,115	6,413
EBIT ¹	53.5	198.3	807.9	2,019	3,053	6,332
Net income ¹	-23.67	86.04	554.2	1,481	2,292	4,787
Net Debt ¹	892.6	280.1	326.7	225.9	-1,128	100.4
Reference price ²	9.92	56.79	154.87	1,405.45	907.65	782.30
Nbr of stocks (in thousands)	104,074	104,074	104,074	104,149	104,247	104,346
Announcement Date	8/9/21	3/9/22	4/9/23	23/8/24	29/8/25	31/8/26

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WAAREE RENEWABLE TECHNOLOGIES LIMITED	-	-	-	-	764M
GE VERNOVA INC.	27.29x	4.53x	31.72x	0.23%	226B
NEXTERA ENERGY	20.51x	9.22x	16.52x	2.97%	176B
IBERDROLA, S.A.	20.97x	4.46x	12.27x	3.29%	165B
CHINA YANGTZE POWER CO., LTD.	20.23x	11.3x	14.79x	3.46%	109B
SOUTHERN COMPANY	21.31x	5.98x	13.13x	3.24%	108B
ENEL S.P.A.	12.79x	1.87x	6.63x	5.55%	103B
DUKE ENERGY CORPORATION	18.85x	5.69x	11.46x	3.42%	99.33B
CONSTELLATION ENERGY CORPORATION	21.29x	3.16x	13.15x	0.65%	92.96B
AMERICAN ELECTRIC POWER COMPANY, INC.	20.13x	5.16x	12.48x	2.96%	70.9B
Average	20.37x	5.71x	14.68x	2.86%	115.09B
Weighted average by Cap.	21.16x	5.80x	16.57x	2.63%