Waaree Energies Share Price Target 2025: This article is going to mainly focus on Waaree Energies Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Waaree Energies
Waaree Energies is India’s leading and largest solar PV modules manufacturer. Founded in 1990 with headquarters in Mumbai, since 2007 the company has focused on solar PV modules to provide quality, cost-effective, sustainable energy solutions.
Waree Enerrgies ltd is one of the solar energy companies known for manufacturing high-quality solar panels and providing solar energy solutions. It has 5 solar module manufacturing facilities in India and has expanded globally with a strong presence across the world. The company operates one of India’s largest solar PV module manufacturing facilities with a capacity of over 12 GW.
Waaree Energies Fundamental
Waaree Energies is India’s largest solar PV modules manufacturer with a market cap of Rs 70144 crore. The company earned a revenue of Rs 11633 crore and a net profit of Rs 1274 crore in the financial year 2024, which was 69.58% and 154.65% higher than the previous year. It is listed on the Indian stock exchanges BSE and NSE with the code 544277 and WAAREEENER respectively. The company has a low debt to equity ratio (0.11) which keeps the interest and financial stress low, the company has a reserve and surplus of only Rs 238.53 crore, which is very low for a company with a market cap of more than Rs 70 thousand crore, this reserve is nominal to deal with unforeseen risks.
Wari has a ROE (57.42%) and ROCE (75.79%), which indicates efficient capital utilization and the possibility of high return on shareholder equity. The company’s EPS is Rs 43.06 which points to strong financial performance. Its high PE and PB ratio indicate the stock to be overvalued, which could hurt investors with market corrections. Also, the company is unable to pay dividends which shows that the company is reinvesting profits for growth, but this does not attract income-focused investors.
| Description | Value |
|---|---|
| Company Name | Waaree Energies Ltd. |
| Sector | Electronics |
| Established | 1990 |
| Website | Waaree.com |
| Listing At | NSE, BSE |
| BSE Code | 544277 |
| NSE Code | WAAREEENER |
| Mkt Cap | ₹70144 Cr |
| Reserves and Surplus | 238.53 Cr |
| ROE | 57.42% |
| ROCE | 75.79% |
| 52 Week High | ₹2624.40 |
| 52 Week Low | ₹2300 |
| P/E Ratio (TTM) | 78.09 |
| P/B Ratio | 17 |
| Face Value | 10 |
| Book Value Per Share | 143.67 |
| EPS (TTM) | 43.06 |
| Dividend Yield | 0.0% |
| Debt to Equity | 0.11 |
| Total Revenue | 11633Cr |
| Revenue Growth | 69.58% |
| Net Profit (Anual) | 1274Cr |
| Profit Growth | 154.65% |
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Waaree Energies Share Price Target 2024
The current sentiment of Waaree Energies is showing strong buy. The price target of Waaree Energies for 2024 is going to be between Rs 2300 to Rs 2840.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹2300 | ₹2840 |
Waaree Energies Price Target 2025
Waaree Energies is India’s leading electronics company. Its target price range in 2025 is going to be Rs 2600 to Rs 3000.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹2600 | ₹3000 |
Waaree Energies Share Price Target 2026
According to market experts, the price target of Waaree Energies for 2026 is going to be between Rs2800 to Rs 3200.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹2800 | ₹3200 |
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Waaree Energies Share Price Target 2028
According to market experts, the price target of Waaree Energies for 2028 is going to be between Rs 3300 to Rs 3700.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹3300 | ₹3700 |
Waaree Energies Share Price Target 2030
According to market experts, the price target of Waaree Energies for 2030 is going to be between Rs 3700 to Rs 4300.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹3700 | ₹4300 |
Waaree Energies Share Price Target 2040
According to the past trend of the company, the minimum price target of Waaree Energies in 2040 is expected to be RS 4900 and the maximum price target is expected to be RS 5600.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹4900 | ₹5600 |
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Waaree Energies Share Price Target 2050
According to the past trend of the company, the minimum price target of Waaree Energies in 2050 is expected to be RS 6500 and the maximum price target is expected to be RS 7200.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹6500 | ₹7200 |
Sentiment
The current sentiment of Waaree Energies is showing Strong bull. It is trading above 12 out of 12 SMAs and also trading 0 out of 9 Oscillators in bearish zone.
Technical Indicator
According to Investing.com, 8 out of 9 technical indicators are giving strong buy signal and 1 are giving neutral signal.
| Action | Rating |
|---|---|
| Buy | 22% |
| Hold | 0% |
| Sell | 78% |
Waaree Energies Share Price History
Waaree Energies was listed on NSE and BSE on October 28 at Rs 2600. The company’s stock fell 7.15% on the first day to Rs 2414. On the second day, its stock rose 0.57%, on the third day 4.57% and on the fourth day 8.31% to Rs 2749.95.
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Waaree Energies Quarterly Report
| Description | Jun 24 | Jun 23 |
| Revenue + | ₹3496Cr. | ₹3415Cr. |
| Expenses + | ₹2966Cr. | ₹2958Cr. |
| EBITDA | ₹639.99Cr. | ₹554.30Cr. |
| EBIT | ₹564.23Cr. | ₹497.43Cr. |
| Net Profit | ₹401.13Cr. | ₹338.27Cr. |
| Operating Profit Margin | 18.77% | 16.65% |
| Net Profit Margin | 11.56% | 10.10% |
| Earning Per Share | ₹14.93 | ₹13.64 |
| Dividends Per Share | 0.00 | 0.00 |
Waaree Energies Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹11633Cr | ₹6860Cr | ₹2951Cr | ₹1993Cr |
| Total Expenses | ₹10240Cr | ₹6163Cr | ₹2832Cr | ₹1926Cr |
| Profit/Loss | ₹1274Cr | ₹500.28Cr | ₹79.65Cr | ₹47.52Cr |
Strengths
- Waaree Energies’ ROE and ROCE are 57.42% and 75.79% respectively, indicating efficient capital utilization and high returns on shareholder equity.
- The debt-to-equity ratio of 0.11 indicates minimal dependence on debt, which enhances financial stability.
- The company’s book value per share of ₹143.67 and EPS of ₹43.06 point to solid financial performance.
- The company’s revenue and net profit have increased steadily in the last 4 years.
- In the last one year, its revenue has grown by 69.58% and profit by 154.65%.
- The net profit margin in the June 24 quarter has been higher than the previous corresponding quarter.
Risks
- With a high P/E ratio of 78.09 and a P/B ratio of 17, Waaree’s stock may be overvalued.
- Investors should be wary of this high valuation relative to its earnings and book value.
- Waaree Energies has a dividend yield of 0.0%, which may not appeal to income-focused investors.
- The lack of dividend payments suggests the company is reinvesting profits for growth, but it may not attract those looking for immediate returns.
- The company has reserves of ₹238.53 crore, which appears modest for a company with a market cap of over ₹70,000 crore.
- Despite rising revenues, the company’s expenses have also increased significantly, indicating potential cost management challenges.
- If the company’s revenue does not continue to grow at the same pace, profitability may decline.
Waaree Energies Share Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹2300 | ₹2840 |
| 2025 | ₹2600 | ₹3000 |
| 2026 | ₹2800 | ₹3200 |
| 2028 | ₹3300 | ₹3700 |
| 2030 | ₹3700 | ₹4300 |
| 2040 | ₹4900 | ₹5600 |
| 2050 | ₹6500 | ₹7200 |
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Waaree Energies Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 64.30% |
| Other Domestic Institutions | 0.91% |
| Retail and Others | 31.37% |
| Foreign Institutions | 2.23% |
| Mutual Funds | 1.18% |
| Total | 100.00% |
How to Buy Waaree Energies Shares?
Buying and selling of Waaree Energies can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
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Waaree Energies Share Price Target: Export Opinion
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Conclusion
Waaree Energies Limited shows strong fundamentals with significant revenue and profit growth, high profitability ratios and low debt, making it financially strong. However, the high valuation, and minimal reserves relative to such a large market cap pose potential risks. Despite the company’s high stock value, investors can make huge returns in the long term. However, the company is unable to pay dividends to investors, which is not good for income-focused investors.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Waaree Energies share price target 2025?
Ans: 2025 price target of Waaree Energies will be between Rs.2600 to Rs.3000.
Q2. What is the Waaree Energies share price target 2030?
Ans: Waaree Energies will trade between Rs 3700 and Rs 4300 in 2030.
Q3. What is the Waaree Energies share price target 2024?
Ans: 2024 price target of Waaree Energies will be between Rs.2300 to Rs.2840.
Q4. What is the Waaree Energies share price target 2040?
Ans: 2040 price target of Waaree Energies will be between Rs.4900 to Rs.5600.
Q5. What is the Waaree Energies share price target 2050?
Ans: 2050 price target of Waaree Energies will be between Rs.6500 to Rs.7200.
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