Waaree Renewable Technologies Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Waaree Renewable Technologies Limited's yearly results (2023–2026), compared with Industrials companies in India. Tap ? on any ratio for what it means.
What stands out
- Steadiness Ratio: Sales and profit both grew in each of the last 3 years. Steadier than 86% of Industrials companies in India.
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
₹84Over the last 3 years, every ₹100 of reported profit came with ₹84 of operating cash.
Higher than 52% of Industrials companies in India.
Self-Funding Ratio
3.1×Over the last 3 years its own operating cash covered its investment spending (capex) 3.1 times.
Higher than 80% of Industrials companies in India.
Cash Locked Ratio
₹15For every ₹100 of sales, ₹15 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹2 from others' credit three years earlier.
Less money tied up than 67% of Industrials companies in India.
Growth quality
Steadiness Ratio
3/3 · 3/3Sales and profit both grew in each of the last 3 years.
Steadier than 86% of Industrials companies in India.
Growth Efficiency Ratio
₹14Sales grew 849% in 3 years; of every extra ₹100 of sales, ₹14 became extra profit.
Higher than 68% of Industrials companies in India.
Asset Productivity Ratio
+849% / +740%In 3 years sales changed by +849% while total assets changed by +740%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
4.5×Debt due within a year is covered 4.5 times by its yearly operating cash.
Higher than 77% of Industrials companies in India.
Cash Cushion Ratio
−0%Debt, after subtracting cash, equals 0% of its market value (net debt).
Higher than 60% of Industrials 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 66% of Industrials 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 63% of Industrials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Waaree Renewable Technologies Limited owes ₹0.61 for every ₹1 it owns. Net profit rose 109% in the year to Mar 2026, and grew 105% a year on average over 3 years.
Compared with Industrials companies in India · latest annual results Mar 2026.
P/E ratio
14.8Investors pay ₹14.8 for every ₹1 of Waaree Renewable Technologies Limited's yearly profit, lower than 74% of Industrials companies in India.
P/B ratio
8.03The share price is 8.03 times Waaree Renewable Technologies Limited's book value per share, higher than 82% of Industrials companies in India.
Market cap
₹7,504 CrThe total market value of all of Waaree Renewable Technologies Limited's shares at today's price (share price × number of shares), larger than 72% of Industrials companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹934 CrWhat Waaree Renewable Technologies 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
₹89.51Net worth divided by the number of shares. The share price of ₹718.95 is 8.0 times this, which is the P/B above.
Return on equity (ROE)
54.2%Waaree Renewable Technologies Limited earned 54.2% on its shareholders' money over the last year, higher than almost all Industrials companies in India.
Owes vs Owns
0.61×Waaree Renewable Technologies Limited owes ₹0.61 for every ₹1 it owns (moderate), higher than 81% of Industrials companies in India.
Dividend yield
NoneWaaree Renewable Technologies Limited does not currently pay a dividend.
Revenue growth
+108%Revenue rose 108% in the year to Mar 2026, and grew 112% a year on average over 3 years.
Profit growth
+109%Net profit rose 109% in the year to Mar 2026, and grew 105% a year on average over 3 years.
Profit margin
14.4%Waaree Renewable Technologies Limited keeps ₹14 of every ₹100 of revenue as net profit.
Cash quality
0.6×Cash from Waaree Renewable Technologies Limited's business was 0.6× its reported profit in the year to Mar 2026 — less cash came in than the profit reported.
Interest cover
144.3×Waaree Renewable Technologies Limited's operating profit covered its interest costs 144.3 times in the year to Mar 2026.
Cash vs debt
Net debtWaaree Renewable Technologies Limited had ₹10 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Waaree Renewable Technologies Limited's P/E ratio?
Investors pay ₹14.8 for every ₹1 of Waaree Renewable Technologies Limited's yearly profit, lower than 74% of Industrials 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 Renewable Technologies Limited: ₹7,504 Cr ÷ ₹934 Cr (31 Mar 2026) = 8.0.
What is Waaree Renewable Technologies Limited's return on equity?
Waaree Renewable Technologies Limited earned 54.2% on its shareholders' money over the last year, higher than almost all Industrials companies in India.
How much does Waaree Renewable Technologies Limited owe compared with what it owns?
Waaree Renewable Technologies Limited owes ₹0.61 for every ₹1 it owns (moderate), higher than 81% of Industrials companies in India.
Does Waaree Renewable Technologies Limited pay a dividend?
No. Waaree Renewable Technologies Limited does not currently pay a dividend.
Is Waaree Renewable Technologies Limited's revenue growing?
Revenue rose 108% in the year to Mar 2026, and grew 112% 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.