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Waaree Energies Limited (India)

Main Activities: Electric Power Generation, Transmission and Distribution
Full name: Waaree Energies Limited Profile Updated: March 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Waaree Energies Limited is a company headquartered in Mumbai, India. It was founded in 1989 and is the flagship company of the Waaree Group. Waaree Energies is a leading vertically integrated new energy company and has the largest solar panel manufacturing capacity in India, with plants located in Chikhli, Surat, and Umbergaon in Gujarat. The company specializes in various products and services related to solar energy, including PV modules, inverters, solar products, EPC ground mount, EPC floating solar, operations and maintenance, EPC rooftop, Waaree Expert, and Waaree Prime. Waaree Energies has a strong presence both nationally, with over 388 locations, and internationally, with operations in 20 countries. The company has supplied over 6GW of solar modules and has commissioned more than 1GW of solar EPC projects.

Headquarters
602 6Th Floor Western Edge - I Western Express Highway Borivali (East) Mumbai In-Mh In 400066
Mumbai; Maharashtra; Postal Code: 400066

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 18, 1990
Key Executives
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Independent Director
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Independent Director
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Independent Director
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Independent Director
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Whole Time Director
Ownership Details
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5.8%
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4.5%
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0.27%
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0.01%
Subsidiaries
Blue Rays Solar Private Limited
100%
Sangam Rooftop Solar Private Limited
100%
Sangam Solar Four Private Limited
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
136.52%
Total operating revenue
132.49%
Operating profit (EBIT)
489.45%
EBITDA
433.18%
Net Profit (Loss) for the Period
528.12%
Total assets
243.1%
Total equity
323.29%
Operating Profit Margin (ROS)
6.19%
Net Profit Margin
4.62%
Return on Equity (ROE)
8.76%
Debt to Equity Ratio
-56.49%
Quick Ratio
0.04%
Cash Ratio
-0.05%

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