Waaree Energies Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Waaree Energies Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹104Over the last 3 years, every ₹100 of reported profit came with ₹104 of operating cash.
Higher than 58% of Technology companies in India.
Self-Funding Ratio
0.7×Over the last 3 years its own operating cash paid for 75% of its investment spending (capex); the rest came from other sources such as borrowing, cash reserves or new shares.
Lower than 61% of Technology companies in India.
Cash Locked Ratio
₹16For every ₹100 of sales, ₹16 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹21 tied up three years earlier.
Less money tied up than 58% of Technology companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 84% of Technology companies in India.
Growth Efficiency Ratio
₹17Sales grew 293% in 3 years; of every extra ₹100 of sales, ₹17 became extra profit.
Higher than 70% of Technology companies in India.
Asset Productivity Ratio
+293% / +306%In 3 years sales changed by +293% while total assets changed by +306%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
0.8×Debt due within a year is covered 0.8 times by its yearly operating cash.
Lower than 53% of Technology companies in India.
Cash Cushion Ratio
−2%Debt, after subtracting cash, equals 2% of its market value (net debt).
Lower than 62% of Technology companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 77% of Technology companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 77% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Waaree Energies Limited owes ₹0.50 for every ₹1 it owns. Net profit rose 99% in the year to Mar 2026, and grew 97% a year on average over 3 years.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
17.9Investors pay ₹17.9 for every ₹1 of Waaree Energies Limited's yearly profit, lower than 60% of Technology companies in India.
P/B ratio
4.72The share price is 4.72 times Waaree Energies Limited's book value per share, higher than 63% of Technology companies in India.
Market cap
₹68,173 CrThe total market value of all of Waaree Energies Limited's shares at today's price (share price × number of shares), larger than 93% of Technology companies in India. PosiCap size class: Meso Cap.
Net worth (book value)
₹14,437 CrWhat Waaree Energies Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹501.90Net worth divided by the number of shares. The share price of ₹2,370 is 4.7 times this, which is the P/B above.
Return on equity (ROE)
26.4%Waaree Energies Limited earned 26.4% on its shareholders' money over the last year, higher than 87% of Technology companies in India.
Owes vs Owns
0.50×Waaree Energies Limited owes ₹0.50 for every ₹1 it owns (moderate), higher than 73% of Technology companies in India.
Dividend yield
0.16%Waaree Energies Limited pays 0.16% of its share price as dividends a year, lower than 77% of dividend-paying Technology companies in India.
Revenue growth
+81%Revenue rose 81% in the year to Mar 2026, and grew 58% a year on average over 3 years.
Profit growth
+99%Net profit rose 99% in the year to Mar 2026, and grew 97% a year on average over 3 years.
Profit margin
14.3%Waaree Energies Limited keeps ₹14 of every ₹100 of revenue as net profit.
Cash quality
0.4×Cash from Waaree Energies Limited's business was 0.4× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
26.3×Waaree Energies Limited's operating profit covered its interest costs 26.3 times in the year to Mar 2026.
Cash vs debt
Net debtWaaree Energies Limited had ₹1,163 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Waaree Energies Limited's P/E ratio?
Investors pay ₹17.9 for every ₹1 of Waaree Energies Limited's yearly profit, lower than 60% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Waaree Energies Limited: ₹68,173 Cr ÷ ₹14,437 Cr (31 Mar 2026) = 4.7.
What is Waaree Energies Limited's return on equity?
Waaree Energies Limited earned 26.4% on its shareholders' money over the last year, higher than 87% of Technology companies in India.
How much does Waaree Energies Limited owe compared with what it owns?
Waaree Energies Limited owes ₹0.50 for every ₹1 it owns (moderate), higher than 73% of Technology companies in India.
Does Waaree Energies Limited pay a dividend?
Yes. Waaree Energies Limited pays 0.16% of its share price as dividends a year, lower than 77% of dividend-paying Technology companies in India.
Is Waaree Energies Limited's revenue growing?
Revenue rose 81% in the year to Mar 2026, and grew 58% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.