Waaree Renewables Share Price Target 2025, 2027, 2028, 2030, 2040

Waaree Renewables Share is a bullish trend in the share market. During share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss Waaree Renewables Share Price Target 2025, 2027, 2028, 2030, 2040. We will try to analyze the share base in the company’s overall performance.

We also look after the company’s profit growth in the last 5 years, the last 5 year’s sales growth, and the last 5 years’ ROE percentage similarly we also compare the Waaree Renewables Share growth, the share price return amount of the share become increasing or decreased through the last 5 year’s. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at Waaree Renewables Share Price Target from 2025 to 2040.

Overview About Waaree Renewables Limited?

Waaree Renewables Technologies Limited is engaged in the business of the generation of power through renewable energy sources and provides consultancy services in this regard. The company has completed over 10,000 solar projects, cumulatively accounting for more than 600 MW of operational capacity. PV modules of Waaree are currently using multi-crystalline, monocrystalline, and TopCon technology.

Fundamental Analysis Of Waaree Renewable Limited

The Few Years’ Performance Of Waaree Renewable Technologies Limited

Profit Growth

The company’s last 5 years’ profit growth percentage is described in the portion below.

• In the last 5 years, 232.56%
• In the last 3 years, 301.20%
• In the last 1 year, 150.49%

The Net Profit Amount of the company was ₹60.12 Crore in March 2023, which increased to ₹149.26 Crore in March 2024. The Operating Profit of the company was ₹76.20 Crore in March 2023, which increased to ₹199.26 Crore in March 2024.

Sales Growth

The last 5 years’ Sales growth percentage of the company is described in the portion below.

• In the last 5 years, 181.26%
• In the last 3 years, 385.26%
• In the last 1 year, 154.56%

The Net Sales amount of the company was ₹150.26 Crore in September 2023, which increased to ₹525.30 Crore in September 2024.

ROE Percentage

The company’s last 5 years’ ROE percentage is described below.

• In the last 5 years, 42.05%
• In the last 3 years, 68.62%
• In the last 1 year, 81.10%

ROCE Percentage

The company’s last 5 years’ ROCE percentage is described below.

• In the last 5 years, 54.20%
• In the last 3 years, 83.16%
• In the last 1 year, 108.62%

The Net Cash Flow Amount

The company’s Net Cash Flow was ₹-10.62 Crore in March 2023, decreasing to ₹7.05 Crore in March 2024.

Total Liabilities

The company’s Total Liabilities were ₹255.64 Crore in March 2023, increasing to ₹697.46 Crore in March 2024.

Total Assets Amount

The Total Assets amount was ₹246.12 Crore in March 2023, which increased to ₹697.34 Crore in March 2024.

Total Expenditure Amount

The Total Expenditure of the company was ₹266.49 Crore in March 2023 which increased to ₹669.49 Crore in March 2024.

Other Income Amount

The Other Income Amount was ₹5.19 Crore in March 2023 which increased to ₹7.85 Crore in March 2024.

EBITDA Amount

The EBITDA amount of the company was ₹27.65 Crore in September 2023, which increased to 171.37% at ₹75.05 Crore in September 2024.

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Discussion About Shareholding Pattern Of Waaree Renewables Limited

Waaree Renewables Limited mainly has four types of shareholding patterns: promoter holding, public holding, DII, and FII. Depending on the shareholding pattern, we can majorly influence the company’s growth.

Waaree Renewables Share Price Target Prediction In The Last Few Years

Waaree Renewables Share is under the Indian Stock Exchange, BSE (Bombay Stock Exchange), and NSE (National Stock Exchange). The last few years’ share price growth of the share is described portion below.

• The last 6 months’ share growth was -635.75 (-31.66%).
• The last 1 Month’s share growth was -24.35 (-1.74%).
• The last 1 year’s share growth was +1,025.35 (295.53%).
• The last 5 years’ share growth was +1,369.63 (51,297.00%).
• The maximum share growth was +1,369.48 (48,563.12%).

Waaree Renewables share price return percentage is described in the portion below.

• The last 3 months’ share price return percentage was -23.98%.
• The last 1 year’s share price return percentage was 318.96%.
• The last 3 years’ share price return percentage was 2442.79%.
• The last 5 years’ share price return percentage was 51297.5%.

Waaree Renewables Share always gives a good return to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.

History Of Waaree Renewables Share Price Target From 2025 to 2040

Waaree Renewables Share Price Target 2025

Waaree Renewable Technologies is a part of Waaree Energies, which is engaged in the business of generating, trading, purchasing, selling, marketing, distributing, supplying, and exchanging all aspects of thermal, hydro, nuclear, solar, and wind power. All power is generated through non-conventional or renewable energy sources. The Waaree Renewable Share was down 0.81% at ₹1,398.95 a share on 19.12.2023 from the previous day. If we look at Waaree Renewables Share Price Target 2025 forecast the 1st Price Target is ₹959.36 and the 2nd Price Target is ₹1,162.59.

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• In the middle of the year, the rate may decrease from ₹959.36 to ₹1,079.15.
• In the last stage of the year, the price rate may vary from ₹1,138.66 to ₹1,162.59.

Waaree Renewables Share Price Target 2027

Waaree Renewable Technologies’ stock surged 5% after securing a massive ₹1,233.5 Crore contract to build a 2012.47 MWp DC solar power project. The company’s shares have skyrocketed over 200% this year, increasing investor confidence in renewable energy ventures. The Solar Energy solutions provider Waaree Renewable Technologies Shares hit a 5% upper circuit at ₹1,494.45 on BSE after receiving a term sheet for the execution of a ground mount solar PV project with a capacity of 2012.47 MWp DC. The company’s market capitalization amount was ₹14,638.67 Crore as of 31st March 2024. If we look at Waaree Renewables Share Price Target 2027 forecast the 1st Price Target is ₹1,526.37 and the 2nd Price Target is ₹1,959.27.

• In the 1st stage of the year, the price rate may vary from ₹1,526.37 to ₹1,525.30.
• In the middle of the year, the rate may decrease from ₹1,518.88 to ₹1,698.37.
• In the last stage of the year, the price rate may vary from ₹1,820.85 to ₹1,959.27.

Waaree Renewables Share Price Target 2028

In the financial year 2023-24, the company’s revenue amount was ₹877.12 Crore, and the EBITDA amount was ₹208.20 Crore. In the last financial year 2023-24, the company’s Net Worth amount was ₹233.15 Crore. The projects successfully executed amounted is 704 MWp in the year 2023-24, and the project sites that are under planning and execution phase amount is 2,192 MWp. The company’s rooftop-mounted energy capacity is more than 50 MW, and more than 400 projects have also been done under this segment. If we look at Waaree Renewables Share Price Target 2028 forecast the 1st Price Target is ₹1,968.37 and the 2nd Price Target is ₹2,275.39.

• In the 1st stage of the year, the price rate may vary from ₹1,968.37 to ₹2,135.66.
• In the middle of the year, the rate may decrease from ₹2,129.14 to ₹2,189.82.
• In the last stage of the year, the price rate may vary from ₹2,201.25 to ₹2,275.39.

Waaree Renewables Share Price Target 2030

In the financial year 2024-25, the company’s ground-mounted solar power project amount was 30.0 MWp, which was the order’s amount. The amount was 26.5 MWp in the first quarter of the year 2024-25. The order secured the Ground Mounted Solar Power project amount was 980 MWp at Kurnool and Andhra Pradesh. In the first quarter of the financial year 2024-25, the company’s order won Rooftop Solar Power Project amounted was 700 KWp. The order secured Ground Mounted Solar Power Project was 70 MWp in the year 2023-34. If we look at Waaree Renewables Share Price Target 2030 forecast the 1st Price Target is ₹2,625.49 and the 2nd Price Target is ₹2,836.72.

Waaree Renewables Share Price Target 2040

Waaree Renewables Technologies Limited provides its services in more than 20 countries. The Oder Secured Rooftop Solar Power Project amount was 600 kWp in the second quarter of the year 2023-24, which increased to 4.27 MWp in the third quarter of the year 2023-24. The company’s ROE percentage was 96.38% in the year 2022-23, which decreased to 93.40% in the year 2023-24. The company’s ROCE percentage was 59.07% in the year 2022-23, which increased to 69.83% in the year 2023-24. If we look at Waaree Renewables Share Price Target 2040 forecast the 1st Price Target is ₹4,996.37 and the 2nd Price Target is ₹5,218.69.

Why Should I Invest In Waaree Renewable Share Rights Now?

Positive Sides

• The last 3 years’ profit growth of the company was good, which was 301.20%.
• In the last 3 years, the revenue growth of the company was good, which was 385.12%.
• The company has a good promoter holding capacity, which is 74.90% which means many good investor wants to invest in the shares.
• The company is virtually debt-free and has a healthy interest cover ratio which was 53.01.
• The last 3 years’ ROE percentage of the company was good, which was 68.62%.
• The company has a good ROCE percentage, which was 83.16%.
• The last 1 year’s share price return percentage was 318.96%.
• The last year’s share growth of the company was +1,025.35 (295.53%).
• The last 3 years’ Sales Growth of the company is 385.26% which is very good.

Negative Sides

• The company is trading at a high PE ratio of 73.56.
• The company is trading at a high EBITDA of 50.17.

What Is The Future Growth Of Waaree Renewables Technologies Limited?

Strength

• The company maintains its business with good profit growth & with a good sales rate.
• The government of India also promotes renewable energy sources to generate energy in a pollution-free manner.
• The company creates a huge marketplace, which is also good for future growth.
• The company always tries to use advanced technology to promote its power generation capacity.

Weakness

• Any changes in Governmental policies may affect the company’s role.
• There are many competitor companies that may hinder the company’s growth.

FAQ

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of Waaree Renewables Share. For making this blog, we take consultation from experts and do research about the company. It is expected that the Waaree Renewables Share Price Target will be a good choice to invest in on a long-term basis. The renewable energy sources sectors in India and outside of the country are always increasing as a result of the company, and the share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you, you can share it. If you have any questions, please let us know through the comment box. We will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

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