Waaree Renewable Technologies Ltd (BSE: 534618) is a Mumbai, Maharashtra-based company in the Solar EPC & Turnkey Project Solutions industry. With a market capitalisation of ₹8,732 Cr, it ranks #635 by market cap among the 6,137 Indian listed companies on FinBizNet, and #1 of 11 in Solar EPC & Turnkey Project Solutions. At ₹678.25 (as of 25 Oct 2026), the share price is 50.1% below its 52-week high of ₹1,358.00 and 0.8% above its 52-week low of ₹673.15. The share price is down 48.2% over one year and down 27.2% over three months.
| Current Price | ₹678.25 |
|---|---|
| Market Cap | ₹8,732 Cr |
| BSE Code | 534618 |
| Sector | Industrials > Capital Goods > Construction and Engineering |
| Sub-Industry | Renewable Energy Engineering Services > Solar EPC & Turnkey Project Solutions |
| P/E Ratio | 17.8 |
| Return on Equity | 68.93% |
| Return on Assets | 22.65% |
| 52-Week Range | ₹673.15 – ₹1,358.00 |
| 1-Year Price Change | -48.2% |
| 3-Month Price Change | -27.2% |
| Beta (1Y) | 0.51 |
| Dividend Yield | 0.00% |
| Headquarters | Mumbai, Maharashtra |
| Website | www.waareertl.com |
| Revenue | ₹1,058 Cr |
|---|---|
| Net Profit | ₹81 Cr |
| Net Margin | 7.7% |
| EPS (Basic) | ₹7.07 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It also provides engineering, procurement, and construction (EPC) services. The company serves the individual, industrial, and commercial sectors. The company was formerly known as Sangam Renewables Limited and changed its name to Waaree Renewable Technologies Limited in July 2021. The company was incorporated in 1999 and is headquartered in Mumbai, India. Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited.
1. EPC Contracts-This segment provides engineering, procurement, and construction services. 2. Power Sale-This segment generates and sells solar power. 3. Inter Company Eliminations-NA 4. Unallocated Assets-NA
1. EPC Contracts - Solar Power Plants-99.2% 2. Power Sale-0.8%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Waaree Renewable Technologies Ltd | ₹8,732 Cr | 17.8 | 68.93% | ₹1,058 Cr | -48.2% |
| Sterling And Wilson Renewable Energy Limited (Swsolar) | ₹3,864 Cr | -12.1 | -35.95% | ₹1,528 Cr | -41.5% |
| Bondada Engineering Ltd | ₹3,370 Cr | 16.1 | 34.91% | ₹627 Cr | -36.3% |
| Ravindra Energy Ltd | ₹2,804 Cr | 35.1 | 18.25% | ₹120 Cr | -11.0% |
| Oriana Power Ltd | ₹2,723 Cr | 10.5 | — | — | -91.2% |
| Zodiac Energy Ltd | ₹304 Cr | 14.2 | 19.50% | ₹142 Cr | -49.8% |
| Solarium Green Energy Limited | ₹245 Cr | 11.5 | — | — | -68.5% |
| Sunedison Infrastructure Ltd | ₹161 Cr | -3.9 | 1.85% | — | -52.4% |
| Oneindig Technologies Limited | ₹135 Cr | 16.5 | — | — | — |
Listed by market capitalisation. Ratios are shown for context only.
Waaree Renewable Technologies Ltd is trading at ₹678.25, with a market capitalisation of ₹8,732 Cr.
Waaree Renewable Technologies Ltd operates in the Industrials > Capital Goods > Construction and Engineering space (Renewable Energy Engineering Services > Solar EPC & Turnkey Project Solutions).
Waaree Renewable Technologies Ltd has a P/E of 17.8 and a return on equity of 68.93%.
Waaree Renewable Technologies Ltd is listed on the BSE under the scrip code 534618.
Waaree Renewable Technologies Ltd's share price is down 48.2% over one year and down 27.2% over three months. Its 52-week range is ₹673.15 to ₹1,358.00.
In Q2 FY27, Waaree Renewable Technologies Ltd reported revenue of ₹1,058 Cr and net profit of ₹81 Cr, with basic EPS of ₹7.07 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.