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: 399

Sales by Activity: Waaree Renewable Technologies Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

EPC Contracts - Solar Power Plants

1.47B 3.41B 8.58B 15.72B 33.05B

Power Sale

142M 95.61M 181M 254M 266M

Geographical breakdown of sales: Waaree Renewable Technologies Limited

Fiscal Period: March 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR) 2026 (INR)

India

1.61B 3.51B 8.76B 15.98B 33.31B

Executive Committee: Waaree Renewable Technologies Limited

Manager TitleAgeSince
Chief Executive Officer 37 15/06/2020
Director of Finance/CFO - 16/04/2025
Chief Operating Officer - 01/09/2023
Compliance Officer - 10/05/2021

Composition of the Board of Directors: Waaree Renewable Technologies Limited

Director TitleAgeSince
Chairman 63 13/02/2017
Director/Board Member 37 02/09/2016
Director/Board Member 61 15/06/2020
Director/Board Member 58 22/07/2021
Director/Board Member 55 28/03/2023
Director/Board Member 64 20/06/2024
Director/Board Member - 27/09/2024
Director/Board Member 67 16/04/2025

Shareholders: Waaree Renewable Technologies Limited

NameStocks%Valuation
74.3 %
77,550,245 74.3 % 567 M ₹
1.054 %
1,100,000 1.054 % 8 M ₹
Motilal Oswal Asset Management Co. Ltd.
0.0669 %
69,808 0.0669 % 510 806 ₹
Groww Asset Management Ltd.
0.000436 %
455 0.000436 % 3 329 ₹
Angel One Asset Management Co. Ltd.
0.000124 %
129 0.000124 % 944 ₹

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

Change 5-day change 1-year change 3-year change Capi.($)
+2.50%+3.14%-35.44%+168.29% 820M
-3.89%-13.20%+37.47% - 210B
-0.68%+2.30%+1.77%+56.46% 181B
+0.54%+2.39%+30.55%+116.06% 171B
-0.49%+1.00%+9.17%+58.09% 109B
-0.54%-0.64%+4.00%+31.46% 109B
+0.09%-0.11%+3.18%+37.52% 109B
+0.66%+1.92%+4.89%+46.07% 101B
-3.02%+1.66%-25.81%+119.89% 94.15B
-0.38%-1.56%+4.31%+64.53% 69.61B
Average +1.02%+0.21%+3.41%+77.60% 115B
Weighted average by Cap. +1.10%-1.00%+11.72%+68.30%
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