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 57 22/07/2021
Director/Board Member 55 28/03/2023
Director/Board Member 63 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 % 709 M ₹
1.054 %
1,100,000 1.054 % 10 M ₹
Motilal Oswal Asset Management Co. Ltd.
0.0643 %
67,082 0.0643 % 613 513 ₹
Groww Asset Management Ltd.
0.000439 %
458 0.000439 % 4 189 ₹
Angel One Asset Management Co. Ltd.
0.000125 %
130 0.000125 % 1 189 ₹

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.($)
-0.06%+1.55%-19.93%+234.95% 907M
-2.91%-5.81%+87.19%+174.64% 2.33B
-5.63%-7.47%+43.34%+71.51% 1.92B
+0.59%+8.91% - - 1.71B
-1.87%-6.33%+3.41%-12.97% 1.69B
-0.91%+2.12%+48.46% - 1.2B
+0.85%-1.67%-11.94%-19.18% 946M
+4.10%+21.92%+49.82%+205.26% 970M
-9.97%-40.87%+485.13% - 798M
+5.98%+6.11%-2.36%-34.49% 647M
Average -0.98%-2.15%+75.90%+88.53% 1.31B
Weighted average by Cap. -1.54%-2.17%+66.16%+95.02%
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