Business description: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Limited is an India-based company. The Company is a solar developer that finances, constructs, owns, and operates solar projects. The Company's segments include EPC Contracts and Power Sale. Its solutions and services include Ground-Mounted solar, Floating Solar, RESCO Model, CAPEX Model, Rooftop Solar, and Operations and Maintenance. It provides both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open-access solar plants). The Company operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. Its projects include 140 megawatts (MW) - Continuum Green Energy, 51 MW - Renew Power, 540MW - Conntinum Green Energy, BAPS Temple - 50 + sites Roof top Solar, Babaji Shivram -70KW, 27 MW - Roha Dyechem, NTPC, Kawas 1000KWP, 14 MW - MSL (Maharashtra Seamless Limited), and 1.1MW - Rubamin Project, Vadodara.

Number of employees: 171

Sales by Activity: Waaree Renewable Technologies Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

EPC Contracts

- 1.47B 3.41B 8.58B 15.72B

Power Sale

- 142M 95.61M 181M 254M

Non-Regulated Utility

130M - - - -

Geographical breakdown of sales: Waaree Renewable Technologies Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

130M 1.61B 3.51B 8.76B 15.98B

Executive Committee: Waaree Renewable Technologies Limited

Manager TitleAgeSince
Chief Executive Officer 36 2020-06-14
Director of Finance/CFO - 2025-04-15
Chief Operating Officer - 2023-08-31
Compliance Officer - 2021-05-09

Composition of the Board of Directors: Waaree Renewable Technologies Limited

Director TitleAgeSince
Chairman - 2017-02-12
Director/Board Member 36 2016-09-01
Director/Board Member 61 2020-06-14
Director/Board Member 57 2021-07-21
Director/Board Member 55 2023-03-27
Director/Board Member 63 2024-06-19
Director/Board Member - 2024-09-26
Director/Board Member 67 2025-04-15

Shareholders: Waaree Renewable Technologies Limited

NameStocks%Valuation
74.32 %
77,550,245 74.32 % 834 M ₹
1.054 %
1,100,000 1.054 % 12 M ₹
Motilal Oswal Asset Management Co. Ltd.
0.0678 %
70,702 0.0678 % 760 247 ₹
Groww Asset Management Ltd.
0.000437 %
456 0.000437 % 4 903 ₹
Angel One Asset Management Co. Ltd.
0.000125 %
130 0.000125 % 1 398 ₹

Company details: Waaree Renewable Technologies Limited

Waaree Renewable Technologies Ltd.

504, Western Edge-I

400066, Mumbai

+91 22 6644 4444

http://www.waareertl.com
address Waaree Renewable Technologies Limited(WAAREERTL)

Solar Electric Ultilities

Change 5-day change 1-year change 3-year change Capi.($)
+0.77%+1.42%-16.77%+275.15% 1.08B
+1.13%-0.60%+116.21%+157.60% 2.72B
+2.43%-0.87%+217.79%+199.08% 2.71B
-1.32%+7.91%+6.57%-11.50% 1.74B
+1.46%-2.98% - - 1.54B
+2.65%+11.51%+2.65%+32.48% 1.23B
-0.36%+4.02%+746.90% - 1.18B
+0.80%+1.62%+28.72% - 1.04B
+2.03%-1.95%+27.43%+132.31% 690M
+1.21%+1.06%-20.43%-61.49% 495M
Average +1.11%+1.47%+123.23%+103.37% 1.44B
Weighted average by Cap. +1.14%-0.09%+141.40%+126.15%
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