Waaree Energies Ltd.
NSE: WAAREEENERWaaree Energies Ltd.: A 30-second snapshot
Waaree Energies trades at Rs 2,717, down 11.05% over the past year and 29.66% below its 52-week high, with price below both its 50-day (Rs 2,891.36) and 200-day (Rs 3,011.26) moving averages. Q1 FY27 results showed revenue nearly doubling and net profit up 14%, and the stock carries a trailing PE of 20.49x (forward 16.42x), the lowest among the 6 Infrastructure-sector names in this dataset. Free cash flow was positive in only 2 of the last 5 tracked years alongside a rising debt trend, though debt-to-equity remains low at roughly 0.21x.
P/E
20.5
Forward P/E
16.4
ROE
—
Debt / Equity
21.40
Profit Margin
+12.7%
Div. Yield
+0.1%
5Y ROE > 15%
4/5
5Y FCF > 0
2/5
Quality
64/100
News
8 headlines · 4 positive · 1 negative
Waaree Energies Unit Acquired 24.21% Stake Of Eppeltone Engineers For 217.8 Mln Rupees - TradingView
TradingView
Waaree Energies Secures 739.71 MW Solar Module Order for FY27-28 - Whalesbook
Whalesbook
Waaree Energies share price fell 6% despite strong Q1 results 2026; here's why - TradingView
TradingView
Waaree Energies Q1 net profit up 14%; revenue nearly doubles on strong sales growth - CNBC TV18
CNBC TV18
Waaree Energies Files Monitoring Report on Rs 3,600 Crore IPO Proceeds - TipRanks
TipRanks
Recent context
- ·Q1 FY27 results (reported around Jul 29) showed net profit up 14% and revenue nearly doubling, though one headline noted the share price fell 6% despite the results.
- ·The company disclosed a 739.71 MW solar module order for FY27-28 (around Aug 1), and a subsidiary acquired a 24.21% stake in Eppeltone Engineers for Rs 217.8 million (around Aug 7).
- ·Mean analyst rating stands at 2.14 across 14 analysts (1-5 scale, lower = more constructive); a monitoring report on the Rs 3,600 crore IPO proceeds was also filed (around Aug 6).
Strengths
- +Lowest trailing PE (20.49x, forward 16.42x) among the 6 Infrastructure-sector names in the dataset, ranking 1st of 6 on both PE and qualityScore (53).
- +Revenue grew 79.2% over 5 years, with ROE above 15% in 4 of the tracked years per the persistence data.
- +Debt-to-equity remains low at approximately 0.21x despite the reported rising debt trend.
- +Q1 FY27 results showed net profit up 14% YoY with revenue nearly doubling, alongside a new 739.71 MW solar module order secured for FY27-28.
Weaknesses
- −Free cash flow was positive in only 2 of 5 tracked years, with a rising debt trend recorded over the same window.
- −Earnings grew just 14.2% over 5 years versus 79.2% revenue growth over the same span, a notably slower pace of profit conversion.
- −Price sits below both the 50-day and 200-day moving averages and is 29.66% below its 52-week high, with only one identified support level (Rs 2,561).
- −ROE is reported as null in the headline fundamentals metrics despite the persistence data showing ROE above 15% in 4 of the tracked years, an internal data inconsistency that limits return-on-equity benchmarking.
Open questions
- ?Does the gap between 5-year revenue growth (79.2%) and 5-year earnings growth (14.2%) reflect margin pressure, capacity-expansion costs, or another factor?
- ?What is driving the rising debt trend alongside free cash flow being positive in only 2 of the last 5 years - capacity buildout, working capital needs, or something else?
- ?How comparable is the listed peer set (defense electronics, diversified industrials, power equipment) to Waaree's solar-module manufacturing business for valuation purposes?
- ?What would explain the stock trading below both its 50- and 200-day moving averages even as recent quarterly results and news flow have been characterized as positive?
Peer comparison: Infrastructure
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| WAAREEENER | Waaree Energies Ltd.You're viewing | 20.5 | — | 53 |
| Industry avg | across 5 peers | 71.7 | +19.1% | 45 |
| ABB | ABB India Ltd. | 102.0 | +19.1% | 53 |
| BEL | Bharat Electronics Ltd. | 47.9 | — | 50 |
| CUMMINSIND | Cummins India Ltd. | 63.7 | — | 50 |
| CGPOWER | CG Power and Industrial Solutions Ltd. | 111.1 | — | 38 |
| LT | Larsen & Toubro Ltd. | 33.7 | — | 35 |
Technical state
Current price
₹2,717.00
SMA 50
₹2,891.36
SMA 200
₹3,011.26
RSI (14)
44.2 (neutral)
From 52w high
-29.7%
1Y return
-11.1%
3M return
-11.9%
50-DMA
Below
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFree cash flow was positive in only 2 of 5 tracked years (negative in the other 3) while the debt trend over the same period is recorded as rising; revenue grew 79.2% over 5 years but earnings grew only 14.2% over the same span, a materially slower pace of profit conversion. Debt-to-equity stands at approximately 0.21x (the raw reported figure of 21.4 is percent-scaled) and profit margin is 12.7%, so absolute leverage remains low even as free-cash-flow generation has been inconsistent.
- mediumCurrent price of Rs 2,717 sits below both the 50-day moving average (Rs 2,891.36) and 200-day moving average (Rs 3,011.26), and is 29.66% below its 52-week high. The 3-month price change of -11.94% is slightly more negative than the 12-month change of -11.05%. RSI is 44.2 (neutral) and only one support level (Rs 2,561) is currently identified versus three resistance levels (Rs 2,930, Rs 3,157.8, Rs 3,180).
- lowThe fundamentals block reports ROE as null in the headline keyMetrics even though the persistence sub-block shows ROE above 15% in 4 of the tracked years - an internal inconsistency in the same dataset that limits direct return-on-equity benchmarking.
- lowNone of the 5 listed Infrastructure peers (Bharat Electronics, Larsen & Toubro, ABB India, CG Power, Cummins India) report a 1-year price-change figure in this dataset, and the peer set spans diversified industrials, defense electronics and power equipment rather than solar-module manufacturing, which limits how precisely the quality-score rank (1st of 6) and PE rank (1st of 6, lowest trailing PE at 20.49x) can be read as like-for-like comparisons.
Cross-section contradictions
- Recent sampled headlines (Jul 29-Aug 7, 2026) report Q1 FY27 net profit up 14% with revenue nearly doubling, a new 739.71 MW solar module order for FY27-28, and an overall positive news-sentiment label (4 positive/3 neutral/1 negative of 8); the mean analyst rating of 2.14 across 14 analysts sits toward the constructive half of the 1-5 scale (lower = more constructive). Yet the stock trades 29.66% below its 52-week high, below both its 50-day and 200-day moving averages, and one headline explicitly notes the share price fell 6% despite the strong Q1 print.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 8 Aug 2026 · rotates through NIFTY 500 every ~5 days