Company Waaree Renewable Technologies Limited

WAAREERTL

INE299N01021

Electric Utilities

Market Closed - Bombay S.E. 13:02:24 04/09/2026 +03			5-day change	1st Jan Change
858.70 ^INR	+1.23%		-2.30%	-11.20%

08-28	Waaree Renewable Technologies Limited Receives Letter Of Award From One Of India?s Thermal Power Generating Company	CI
08-10	Waaree Renewable Technologies Limited Receives Letter of Award for Engineering, Procurement and Construction Works for 124 Mwp (88 Mwac) Ground-Mounted Solar Pv Project	CI

Business description: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Limited is an India-based company. The Company is a solar developer that finances, constructs, owns, and operates solar projects. The Company's segments include EPC Contracts and Power Sale. Its solutions and services include Ground-Mounted solar, Floating Solar, RESCO Model, CAPEX Model, Rooftop Solar, and Operations and Maintenance. It provides both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open-access solar plants). The Company operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. Its projects include 140 megawatts (MW) - Continuum Green Energy, 51 MW - Renew Power, 540MW - Conntinum Green Energy, BAPS Temple - 50 + sites Roof top Solar, Babaji Shivram -70KW, 27 MW - Roha Dyechem, NTPC, Kawas 1000KWP, 14 MW - MSL (Maharashtra Seamless Limited), and 1.1MW - Rubamin Project, Vadodara.

Number of employees: 171

Sales by Activity: Waaree Renewable Technologies Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
EPC Contracts - Solar Power Plants	-	1.47B	3.41B	8.58B	15.72B
Power Sale	-	142M	95.61M	181M	254M
Non-Regulated Utility	130M	-	-	-	-

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Geographical breakdown of sales: Waaree Renewable Technologies Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	130M	1.61B	3.51B	8.76B	15.98B

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Executive Committee: Waaree Renewable Technologies Limited

Manager	Title	Age	Since
Pujan Pankaj Doshi CEO	Chief Executive Officer	37	15/06/2020
Manmohan Sharma DFI	Director of Finance/CFO	-	16/04/2025
Ravikesh Singh COO	Chief Operating Officer	-	01/09/2023
Heema Kalpeshkumar Shah CMP	Compliance Officer	-	10/05/2021

See WAAREE RENEWABLE TECHNOLOGIES LIMITED governance

Composition of the Board of Directors: Waaree Renewable Technologies Limited

Director	Title	Age	Since
Nilesh Bhogilal Gandhi CHM	Chairman	63	13/02/2017
Pujan Pankaj Doshi BRD	Director/Board Member	37	02/09/2016
Hitesh Pranjivan Mehta BRD	Director/Board Member	61	15/06/2020
Viren Chimanlal Doshi BRD	Director/Board Member	57	22/07/2021
Sunil Nankishor Rathi BRD	Director/Board Member	55	28/03/2023
Ambika Sharma BRD	Director/Board Member	63	20/06/2024
Sunil Jain BRD	Director/Board Member	-	27/09/2024
Sudhir Arya BRD	Director/Board Member	67	16/04/2025

Composition of the Board of Directors

Shareholders: Waaree Renewable Technologies Limited

Name	Stocks	%	Valuation
WAAREE ENERGIES LIMITED 74.32 %	77,550,245	74.32 %	741 M ₹
Hitesh Pranjivan Mehta 1.054 %	1,100,000	1.054 %	11 M ₹
Motilal Oswal Asset Management Co. Ltd. 0.0657 %	68,549	0.0657 %	655 424 ₹
Groww Asset Management Ltd. 0.000437 %	456	0.000437 %	4 360 ₹
Angel One Asset Management Co. Ltd. 0.000125 %	130	0.000125 %	1 243 ₹

List of WAAREE RENEWABLE TECHNOLOGIES LIMITED shareholders

Company details: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Ltd.

504, Western Edge-I

400066, Mumbai

+91 22 6644 4444

http://www.waareertl.com

address Waaree Renewable Technologies Limited(WAAREERTL)

Solar Electric Ultilities

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
WAAREE RENEWABLE TECHNOLOGIES LIMITED	+1.23%	-2.30%	-15.38%	+233.53%	949M
MESHEK ENERGY - RENEWABLE ENERGIES LTD.	+4.67%	+6.60%	+148.87%	+199.54%	2.66B
O.Y. NOFAR ENERGY LTD	+7.23%	+10.84%	+77.26%	+115.43%	2.34B
BIRLESIM GRUP ENERJI YATIRIMLARI	-9.98%	-16.76%	+1,216.25%	-	1.8B
NYOCOR CO., LTD.	+0.67%	+1.17%	+3.07%	-14.08%	1.77B
CLEAN MAX ENVIRO ENERGY SOLUTIONS LIMITED	+3.79%	+7.75%	-	-	1.67B
ENERGYVISION NV	+5.91%	+13.61%	+37.60%	-	1.21B
SP NEW ENERGY CORPORATION	+0.81%	+2.48%	-9.49%	-15.07%	991M
SOLARVEST HOLDINGS	-1.55%	+2.26%	+30.99%	+157.72%	752M
ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD.	-1.98%	+4.07%	-16.26%	-44.62%	591M
Average	+1.08%	+2.97%	+163.66%	+90.35%	1.47B
Weighted average by Cap.	+1.74%	+3.30%	+215.15%	+106.93%