Waaree Technologies
- Market cap
- ₹ 174 Cr.
- P/E
- 926.3x
- 52-week range
- 131.25 – 398
- ROCE
- −32.2%
- Dividend yield
- 0%
- Sector
- Power
- Industry
- Power Generation
- Listed on
- BSE SME
About
Waaree Technologies Limited is an India-based company, which is engaged in the trading of e-vehicles, batteries, and artificial intelligence-based products / services. Its products include LIGER SERIES, LION SERIES, LIT SERIES, and LYNX SERIES. Its LIGER range of lithium batteries has an Energy Storage System (ESS) power range of approximately greater than 10 kilowatts (KW). Its LION range of lithium batteries has an ESS power range of approximately less than 10 KW, and provides cyclic performance and longer service life for high temperatures. Its LYNX SERIES is a Lithium Iron phosphate battery, and is mainly designed for Electric Vehicles and Traction systems. Its LIT series is a complete range of 12 Volt (V) Lithium Iron phosphate (LiFePO4) battery products, for a range of applications, such as Uninterruptible Power Supply (UPS), renewable energy systems, and inverters.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Power Generation: 36 companies →Waaree Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)926.3 against a typical 35: pricier than most peers (1st = cheapest).36th of 36
- Sales growth−79.9% against a typical +6.5% from a year earlier.29th of 30
- Share price, 3 months−22.9% against a typical −11.9%.25th of 34
- Size₹ 174 Cr. market value against a typical ₹ 2,247.1 Cr. (1st = largest).24th of 33
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 13 | 8 | 22 | 14 | 15 | 6 | 5 | 4 | 3 |
| Expenses | 0 | 0 | 0 | 13 | 7 | 23 | 15 | 21 | 8 | 8 | 5 | 5 |
| Operating Profit | −0 | −0 | −0 | 0 | 0 | −1 | −2 | −6 | −2 | −3 | −1 | −2 |
| OPM % | — | — | — | 0.8% | 0.4% | −5.1% | −11.9% | −41.6% | −42.7% | −66.6% | −26.5% | −81.2% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | −0 | −0 | −0 | 0 | 0 | −2 | −3 | −7 | −3 | −4 | −2 | −3 |
| Tax % | 0% | −52.9% | −30% | 25.7% | 17.7% | −24.9% | −25.1% | −23.8% | −24.3% | −25.7% | −24.3% | −25.2% |
| Net Profit | −0 | −0 | −0 | 0 | 0 | −1 | −2 | −6 | −3 | −3 | −2 | −2 |
| EPS in Rs | −0.16 | −0.22 | −0.07 | 0.24 | 0.14 | −1.15 | −1.85 | −5.12 | −2.43 | −2.81 | −1.6 | −2.28 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 4%
- 5 Years
- —
- 3 Years
- −38%
- TTM
- −30%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 26%
- 10 Years
- 31%
- 5 Years
- 14%
- 3 Years
- −17%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Waaree Technologies | ₹ 179.00 | ₹ 174 Cr. | 926.3x | — | — | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
Management
- Kirit Chimanlal Doshi
- Chairman of the Board, Managing Director
- Rushabh Pankaj Doshi
- Chief Financial Officer, Executive Director
- Vibhor Kumawat
- Compliance Officer, Company Secretary
- Rakesh Sheth
- Head - Marketing & Sales
- Pralhad Damniwala
- Head - Production & Stores
Prices are delayed and for information only. Nothing on this page is investment advice.