📅 Published on: April 17, 2025
✍️ By: Pankaj Kumar
🌟 Company Snapshot
Waaree Renewable Technologies Ltd, a subsidiary of Waaree Energies, is emerging as a key player in India’s booming renewable energy sector. With a stronghold in solar EPC and increasing footprint in IPP (Independent Power Producer) projects, Waaree RTL is riding the clean energy wave with solid momentum! 🌞⚡
💰 Financial Highlights (FY 2024-25)
| 📊 Financial Metric | 🔢 Value (₹ in Cr) | 📈 YoY Growth |
|---|---|---|
| Revenue | ₹1,597.75 Cr | ✅ +82% growth |
| Net Profit | ₹228.9 Cr | ✅ +58% jump |
| EPS | ₹22.00 | ⬆️ from ₹13.95 |
| Total Assets | ₹1,120 Cr | 🚀 +57% growth |
| ROE | ~50.3% | 💪 Excellent |
| ROCE | ~48-50% | 🔥 Strong |
| Debt-to-Equity Ratio | 0.17x | 🟢 Very Low Risk |
🧾 Note: Results audited with no qualifications. Very clean books!
📌 Stock Details (as of April 2025)
- 💹 Current Price (CMP): ₹1,180
- 💼 Market Cap: ~₹12,300 Cr
- 🧮 P/E Ratio: ~53x (based on FY25 EPS)
- 📊 Industry Average P/E: ~60–70x
🧑💼 Shareholding Pattern – March 2025
| Category | Holding % |
|---|---|
| 🧑💼 Promoters | 74.15% |
| 🏦 FIIs/DIIs | 0.85% |
| 👥 Public/Retail | 25.00% |
💬 Strong promoter skin in the game. Institutions may join soon.
🔍 Recent Corporate Developments
✅ Appointed industry veterans in key positions (CFO, Director)
✅ Successfully merged 3 subsidiaries for operational efficiency
🚨 Paid GST liability of ₹11 Cr (handled professionally)
💵 Strong operating cash flow of ₹302 Cr
🚫 No debt overhang – healthy balance sheet
✅ Why You Should Consider Investing
🌿 Booming sector – India is on a mission to add 500 GW of clean energy capacity by 2030, opening massive opportunities in the renewable sector.
📈 High growth – Revenue & profit nearly doubled
🔋 Expanding portfolio in solar & hybrid energy
💸 Low debt, high ROE – Capital efficiency at its best
🏦 Potential for FII/MF entry as financials strengthen
⚠️ Risks to Watch
🔺 Valuation is premium (P/E > 50)
📉 Earnings are EPC-focused – may fluctuate with project cycles
🧾 Regulatory surprises like GST reclassifications
🌐 Limited overseas diversification for now
🎯 Expert Verdict
Waaree RTL is one of the most promising renewable stocks in India’s midcap universe. Given its aggressive expansion, strategic hires, and impressive financials, it’s a strong long-term play for clean energy believers! 🟩
🔁 If you’re already tracking or invested (like I am 😉), stay steady and accumulate on dips. The upside could be electrifying ⚡!
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