WAAREEENERUpdated 4 Sept 2026, 3:15

Waaree Energies Limited

WAAREEENERUpdated 4 Sept 2026, 3:15

Market Cap

₹74,211Cr.

Current Price

₹2,580

High / Low

₹3,865/2,402

Stock P/E

18.3

ROE35.4%

ROCE42.8%

Book Value₹456

Face Value₹10.0

Dividend Yield0.16%

About

Incorporated in December 1990, Waaree Energies Limited is an Indian manufacturer of solar PV modules with an aggregate installed capacity of 12 GW.[1]WEL has five solar module manufacturing facilities in India, with international presence.

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios

Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	29	21	10	18	27	20	34
Inventory Days	54	81	86	195	112	94	101
Days Payable	66	95	80	145	83	81	59
Cash Conversion Cycle	16	8	16	68	56	34	75
Working Capital Days	21	15	-82	-66	-40	-98	-35
ROCE %	—	19%	20%	48%	40%	34%	43%

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 4 September 2026 at 3:15

WAAREE ENERGIES LIMITED (WAAREEENER) financials — quarterly results, P&L, cash flow, balance sheet, shareholding