Introduction
Waaree Renewable Technologies Ltd. (WRTL) is one of the leading solar energy solution companies in India. Rising gradually with the increasing global dialogue about sustainable power, this development trajectory has attracted interest among investors and analysts. This article incorporates information related to the WRTL company such as, the company profile, its market category, the company’s financial position, the shareholding pattern, the trends in the Waaree Renewables Share Price Target, the forecast values, factors affecting the company, risks associated and opportunities for growth & expansion.
Company Overview
Waaree Renewables is today one of the strongest players in the renewable energy market of India and focuses on the field of solar energy. Current advanced manufacturing technology and dominant market position ensures the firm fully supports sustainable development and the use of clean energy.
| Aspect | Details |
| Name | Waaree Renewable Technologies Ltd. |
| Industry | Renewable Energy (Solar) |
| Established | 1989 |
| Headquarters | Mumbai, India |
| Core Business | Solar EPC (Engineering, Procurement, and Construction) services, solar panel manufacturing |
| Manufacturing Capacity | 12 GW (as of 2023) |
Current Market Analysis
The solar energy industry is relatively young, but India has ambitions for a colossal increase in renewable energy investments and capacity to 500GW by 2030. This goal offers large prospects to organizations including WRTL since they can potentially offer the appropriate value within the marketplace. Nevertheless, the internal environment of the industry is competitive, and there are innovation and dynamic changes in the industry.
Key Fundamentals
| Metric | Value |
| Market Cap | ₹13,333 Cr |
| P/E Ratio (TTM) | 67.46 |
| P/B Ratio | 41.85 |
| Industry P/E | 55.60 |
| ROE | 62.05% |
| Dividend Yield | 0.08% |
| Book Value | 30.56 |
| Face Value | 2 |
| Debt to Equity | 0.10 |
Shareholding Pattern
| Category | Holding (%) |
| Promoters | 74.44 |
| Foreign Institutions (FII) | 0.98 |
| Public (Non-Institutional) | 24.58 |
Share Performance
The stock of Waaree Renewables has increased impressively, which is supported by operational improvements and the demand for clean energy. The security has a low trading value with the first trading value at ₹355.20 whereas the highest traded value is ₹3,037.75 in a single trading year which has confidence and future appreciation all signed in it.
| Metric | Value |
| Today’s Low | ₹1,220.00 |
| Today’s High | ₹1,342.85 |
| 52-Week Low | ₹355.20 |
| 52-Week High | ₹3,037.75 |
| Opening Price | ₹1,280.00 |
| Previous Close | ₹1,278.95 |
| Volume | 2,44,498 |
| Lower Circuit | ₹1,215.05 |
| Upper Circuit | ₹1,342.85 |
Financial Overview
Financial health of Waaree Renewables is revealed to have good health with increase in its revenues, moderate costs and increment in its profitability. Signs of good financial management include positive operation cash flows and moderate levels of debt indicating operations that should sustain long term operations and value for its shareholders.
Income Statement
| Metric | FY2024 |
| Revenue (₹ Cr) | 2,000 |
| Cost of Goods Sold (COGS) | 1,200 |
| Gross Profit (₹ Cr) | 800 |
| Operating Expenses (₹ Cr) | 550 |
| Net Income (₹ Cr) | 400 |
| Earnings Per Share (EPS) (₹) | 15.00 |
Balance Sheet
| Category | FY2024 (₹ Cr) |
| Cash and Cash Equivalents | 500 |
| Accounts Receivable | 300 |
| Investments | 500 |
| Property, Plant & Equipment | 2,000 |
| Total Assets | 3,300 |
Cash Flow
| Category | 2024 (INR) |
| Net Income | 1.48B |
| Cash from Operations | 1.27B |
| Cash from Investing | -1.14B |
| Cash from Financing | -64.80M |
| Net Change in Cash | 63.35M |
| Free Cash Flow | -168.25M |
Waaree Renewables Share Price Target 2025-2030 Yearly
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 1,800 | 2,200 |
| 2026 | 2,200 | 2,700 |
| 2027 | 2,700 | 3,400 |
| 2028 | 3,400 | 4,300 |
| 2029 | 4,300 | 5,500 |
| 2030 | 5,500 | 7,000 |
Waaree Renewables Share Price Target 2025 Monthly
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January 2025 | 1,800 | 1,900 |
| February 2025 | 1,810 | 1,920 |
| March 2025 | 1,820 | 1,940 |
| April 2025 | 1,830 | 1,960 |
| May 2025 | 1,840 | 1,980 |
| June 2025 | 1,850 | 2,000 |
| July 2025 | 1,860 | 2,020 |
| August 2025 | 1,870 | 2,040 |
| September 2025 | 1,880 | 2,060 |
| October 2025 | 1,890 | 2,080 |
| November 2025 | 1,900 | 2,100 |
| December 2025 | 1,920 | 2,200 |
Waaree Renewables Share Price Target 2025 to 2030 Year-wise Detailed
Waaree Renewables Share Price Target 2025
There is also expected that by the year 2025, the Waaree Renewables will expand so much due to the increasing market of renewable energy and incentives. The expected stock price for the company is between ₹ 1,800- ₹ 2,200 showing a consistent growth.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 1,800 | 2,200 |
Waaree Renewables Share Price Target 2026
The constant incorporation of innovation in its solar technology, and the diversification in the markets will propel its shares to move between ₹2,200 to ₹2,700 in 2026, guaranteeing sustainable investors’ returns.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2026 | 2,200 | 2,700 |
Waaree Renewables Share Price Target 2027
As the utilization of renewable energy is increasing across the world, the company’s business plans could increase the company’s stock value to between ₹2,700 and ₹3,400 in 2027 and strengthen its position in the market.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2027 | 2,700 | 3,400 |
Waaree Renewables Share Price Target 2028
In 2028, based on these expectation, the share price of Waaree can reach ₹3,400-₹4,300 levels owing to favourable government policies and better operational efficiencies for the organisation to enhance the growth of investor portfolio.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2028 | 3,400 | 4,300 |
Waaree Renewables Share Price Target 2029
By 2029, based on global renewable penetration and achieving economies of scale, shareholders can expect Waaree Renewables’ share price to expand exponentially from ₹4,300 to ₹5,500.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2029 | 4,300 | 5,500 |
Waaree Renewables Share Price Target 2030
Technological leadership and its market domination in the renewable energy business are expected to take Waaree Renewables to a share price of between ₹5,500 to ₹7,000 by 2030.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 5,500 | 7,000 |
Factors Influencing Share
Government Policies: Increased government support through policies that include tax credits and grants for renewable energy projects such as solar products increase demand, improve market access and market growth for Waaree Renewables in the solar division.
Technological Advancements: Innovations in technology enhance efficiency of the solar power, brings down the cost of the power and adds competitive advantage to crank up profitability at Waaree Renewables to sustain growth in renewable power business.
Market Demand: The growing trend of the world economy towards sustainable energy and the growing consumer interest in RE solutions considerably enhance the revenue generation capacity and hence shareholder wealth in the long run for Waaree Renewables.
Risks and Challenges
Market Volatility: Volatility of share price in the stocks of Waaree Renewables can be volatile and this would affect investor returns in particular during periods of volatility.
Regulatory Changes: Macro factors influencing the performance of solar companies include uncertainty in government polices and regulations of renewable energy business.
Competition: High competitiveness within the renewable energy companies makes it compulsory to look for any competitive edge and thus market share.
Future Growth Prospects
Global Energy Transition: The global trend toward the use of clean energy resources is a great chance for Waaree Renewables to explore new niches.
Technological Leadership: Such a scenario contributes to sustainable growth and enhanced market position in the solar industry as innovative improvements in solar technology enhance the company’s competitiveness.
Government Support: Government policies and subsidy for renewable energy development is suitable for Waaree Renewables to penetrate new areas and generate high revenue.
Conclusion
Investors looking for shares of renewable energy companies the standout is Waaree Renewable Technologies Ltd. In any case, good fundamental factors, good growth opportunities must be considered along with the fluctuations in the stock market and risks within the company. It is advised to seek professional assistance before investing and conduct vast investigations in deciding an investment to make.
Also Read: Johnson Pharma Share Price Target 2025-2030: Growth, Predictions & Key Insights
FAQs
What is the target for the share price forecast for the Waaree Renewables up to 2025?
The target of share price as of the year 2025 is expected to be ₹1,800 to ₹2,200, a constant increase in the demand of renewable energy solutions and government support.
What are the causes that makes Waaree Renewables’ share price to fluctuate?
Factors include The government polices on renewable energy, the level of use of renewable energy across the world, innovations by companies, performances of companies in the renewable energy industry, the market and competition in the renewable energy market.
Where does Waaree Renewables stand in the renewable energy industry?
Waaree Renewables is into the solar energy business which has sound fundamentals, increasing capabilities and right at the right place at the right time with a clear focus on innovation for a competitive advantage.
What are the expected end goals for the Waaree Renewables’ activity through fiscal year 2030?
Consequently, the share price is expected to fall between ₹5,500 and ₹7,000 by 2030 because of these factors: technological change, efficiency gains, and global demand for clean energy.
Disclaimer
The insights and predictions presented in this article are meant for educational and informational purposes only. They are not intended as a professional financial advice. You are advised to conduct your own analysis or consult with a professional trained in this field prior to making any investment decisions.
