₹2429.1
-0.41% today
· 30d +4.88%
as of 2026-11-09
Price · Daily Candles
“Waaree Renewables Surges on Triple-Digit Annual Profit Growth, DIIs Step Up Holdings”
Waaree Renewables (WAAREEENER) has demonstrated exceptional performance, with annual net profit surging 108% YoY to ₹3,884 Cr and revenue growing 78.75% YoY to ₹26,537 Cr for the period ending March 2026. This strong financial momentum is further underscored by a 3-year net profit CAGR of 100.38%, despite its forward P/E of 17.8 suggesting a reasonable valuation relative to its growth.
BULL CASE
+Annual net profit soared 108% YoY to ₹3,884 Cr, following a 78.75% YoY revenue increase to ₹26,537 Cr in FY26.
+The company maintains strong 3-year CAGRs, with net profit at 100.38% and revenue at 56.98%.
+DIIs significantly increased their stake by 1.46% QoQ, holding 4.32% as of March 2026.
+Q4 2026 revenue jumped 155.2% YoY to ₹8,480 Cr, with net profit up 94.01% YoY to ₹1,126 Cr.
BEAR CASE
−The stock is currently 20.11% off its 52-week high of ₹3865.0.
−Quarterly OPM declined 6.19% YoY to 20.28% in Q4 FY26.
−Free Cash Flow is negative at -₹3,255 Cr, representing a -3.66% FCF yield.
−ML predictions for FCF growth across 2-year, 4-year, and 7-year periods are weak, with ranks of 0.172, 0.306, and 0.081, respectively.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹7518 Cr
+23.94% YoY
NET PROFIT
₹754 Cr
-14.18% YoY
OPM
19.34%
-5.83pp YoY
EPS
₹24.98
PE 27.23
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-4.7% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Waaree Renewables, with a TTM PE of 27.23 and ROCE of 39.0%, trades at a lower valuation than VIKRAMSOLR (PE 51.78) but with lower ROCE than PREMIERENE (ROCE 47.2%).
PEERPEROCE %
WAAREEENER27.2339.0
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ML Forward Growth Predictions 🔒
64
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
UNDERPERFORMER
20
Valuation
REASONABLE
60
Growth
STRONG
90
Profitability
HIGH
88
Technicals
WEAK
47
Risk
LOW
80
Key Stats
TTM PE
27.23
P/B
6.15
52W HIGH
₹3643.0
OFF HIGH
-33.32%
DIV YIELD
0.13%
MKT CAP
₹69848 Cr
◉ Active Signals
MACDNeutral18.7444
RSI(14)Neutral53.06
Street Consensus
15 analysts₹3537.2
mean target
Low ₹2109.0Now ₹2429.1High ₹4400.0
⧉ Strategy Fit 🔒