Is Waaree Energies (WAAREEENER) overvalued or fairly valued?

MarketChacha shows Waaree Energies's valuation in context — a forward P/E of about 15.5, a price-to-book of about 5.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Waaree Energies's revenue?

Waaree Energies reported revenue of ₹26,537 Cr for FY2026, with net profit of ₹3,711 Cr, per official filings.

What is the share price of Waaree Energies (WAAREEENER)?

Waaree Energies last traded at ₹2,697.20 (-4.6% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Waaree Energies

WAAREEENER · NSE · Power · India

₹2,697.20-4.6%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 10:00 AM

Snapshot

TickerWAAREEENER

ExchangeNSE

SectorPower

IndustrySolar

CountryIndia

HeadquartersMumbai, India

Market cap₹77,585 Cr

P/B5.4

Volume11.37L

Websitewaaree.com

Filings tracked0

About Waaree Energies

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 operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters68.2%
Institutions8.4%
Public & other23.5%

144 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend12.9% → 14.0%

Margin has expanded by about 1.1 points — the business is getting more profitable.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹41,346 Cr · EPS 174.56

Est. earnings growth +8.8%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹2,403.0052-wk range₹3,865.00

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹77,585 Cr

Day change

-4.6%

Fwd P/E

15.5

P/B

5.4

Div yield

0.15%

Revenue (FY2026)

₹26,537 Cr

Net margin

14.0%

Profit CAGR (2y)

+73.2%

Net profit (FY2026)

₹3,711 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹26,537 Cr	₹3,711 Cr	14.0%
FY2025	₹14,445 Cr	₹1,867 Cr	12.9%
FY2024	—	₹1,237 Cr	—

Quarterly

Period	Revenue	Net profit	Net margin
2026Q1	₹8,480 Cr	₹1,061 Cr	12.5%
2025Q4	₹7,565 Cr	₹1,062 Cr	14.0%
2025Q3	₹6,066 Cr	₹843 Cr	13.9%
2025Q2	₹4,426 Cr	₹745 Cr	16.8%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.