Waaree Technologies Ltd
Waaree Technologies Ltd (WAAREE) last reported results for the quarter ended Mar 2026, with sales of ₹3.03 crore and net profit of ₹-2.46 crore. The stock last traded at ₹198, a market capitalisation of ₹214 crore. Over the past 52 weeks the stock has ranged between ₹131 and ₹398. Figures are as of 6 Oct 2026 and are not real time.
Waaree Technologies Ltd share price and key metrics
- Current price
- ₹198
- Market cap
- ₹214 cr
- Book value
- ₹-5.66
- ROE
- %
- ROCE
- -32.2%
- Dividend yield
- 0.00%
- 52w high / low
- 398/131
Metrics as of 6 Oct 2026. Not real time.
Track Waaree Technologies Ltd
Cruxal reads every Waaree Technologies Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.
Waaree Technologies Ltd growth and returns
- 10 Years
- 4%
- 5 Years
- %
- 3 Years
- -38%
- TTM
- -30%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- TTM
- 26%
- 10 Years
- 32%
- 5 Years
- 12%
- 3 Years
- -22%
- 1 Year
- -31%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- Last Year
- %
Waaree Technologies Ltd quarterly results
In the quarter ended Mar 2026, sales were ₹3.03 cr, down 34.7% from ₹4.64 cr a year earlier. Net profit was ₹-2.46 cr, up 18.8% year on year.
| ₹ crore | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 7.5 | 21.89 | 13.5 | 15.05 | 5.6 | 4.64 | 4.11 | 3.03 |
| Expenses | 7.47 | 23 | 15.1 | 21.31 | 7.99 | 7.73 | 5.2 | 5.49 |
| Operating profit | 0.03 | -1.11 | -1.6 | -6.26 | -2.39 | -3.09 | -1.09 | -2.46 |
| OPM % | 0.40% | -5.07% | -11.85% | -41.59% | -42.68% | -66.59% | -26.52% | -81.19% |
| Other income | 0.15 | 0.17 | 0.22 | 0.14 | 0.04 | 0.18 | 0.19 | 0.13 |
| Interest | 0.01 | 0.03 | 0.2 | 0.02 | 0.02 | 0.07 | 0.28 | 0.32 |
| Depreciation | 0 | 0.68 | 1.09 | 1.09 | 1.09 | 1.1 | 1.08 | 0.64 |
| Profit before tax | 0.17 | -1.65 | -2.67 | -7.23 | -3.46 | -4.08 | -2.26 | -3.29 |
| Tax % | 17.65% | -24.85% | -25.09% | -23.79% | -24.28% | -25.74% | -24.34% | -25.23% |
| Net profit | 0.15 | -1.24 | -1.99 | -5.51 | -2.62 | -3.03 | -1.72 | -2.46 |
| EPS (₹) | 0.14 | -1.15 | -1.85 | -5.12 | -2.43 | -2.81 | -1.60 | -2.28 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Waaree Technologies Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4.76 | 6.78 | 1.47 | -0.76 | 0 | 13.13 | 29.4 | 28.55 | 10.24 | 7.13 |
| Operating profit | 0.15 | 0.07 | -0.19 | -0.22 | -0.28 | -0.06 | -1.05 | -7.85 | -5.47 | -3.55 |
| OPM % | 3.15% | 1.03% | -12.93% | — | — | -0.46% | -3.57% | -27.50% | -53.42% | -49.79% |
| Net profit | 0.11 | 0.05 | -0.08 | -0.14 | -0.14 | 0.19 | -1.09 | -7.5 | -5.65 | -4.18 |
| EPS (₹) | 0.30 | 0.14 | -0.22 | -0.38 | -0.38 | 0.18 | -1.01 | -6.97 | -5.25 | -3.88 |
TTM is the trailing twelve months to the most recent quarter.
Waaree Technologies Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 2.63 | 2.63 | 2.63 | 2.63 | 3.68 | 10.77 | 10.77 | 10.77 | 10.77 | 10.77 |
| Reserves | 1.33 | 1.38 | 1.30 | 1.16 | -0.03 | 1.56 | 0.47 | -7.03 | -12.68 | -16.86 |
| Borrowings | 0.00 | 0.29 | 0.38 | 0.00 | 0.15 | 0.00 | 3.05 | 17.85 | 17.66 | 21.11 |
| Other liabilities | 0.22 | 0.09 | 0.02 | 0.03 | 0.04 | 0.14 | 18.63 | 3.21 | 3.75 | 2.77 |
| Total liabilities | 4.18 | 4.39 | 4.33 | 3.82 | 3.84 | 12.47 | 32.92 | 24.80 | 19.50 | 17.79 |
| Fixed assets | 0.15 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 7.47 | 5.77 | 3.95 | 2.42 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.21 | 0.21 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Other assets | 4.03 | 4.39 | 4.32 | 3.81 | 3.69 | 12.27 | 24.50 | 18.62 | 15.14 | 15.17 |
| Total assets | 4.18 | 4.39 | 4.33 | 3.82 | 3.84 | 12.47 | 32.92 | 24.80 | 19.50 | 17.79 |
As reported by the company. Total assets equal total liabilities by construction.
Waaree Technologies Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -1.06 | -1.50 | 0.10 | 0.09 | 3.24 | -10.49 | 9.15 | -15.12 | -1.74 | -2.48 |
| Cash from investing | 0.04 | 0.15 | 0.01 | 0.09 | -0.10 | 0.13 | -8.87 | 0.22 | -0.23 | -0.07 |
| Cash from financing | 0.00 | 0.28 | 0.04 | -0.38 | 0.15 | 8.30 | 3.01 | 14.57 | -0.27 | 2.85 |
| Net cash flow | -1.02 | -1.08 | 0.14 | -0.20 | 3.29 | -2.06 | 3.29 | -0.32 | -2.25 | 0.30 |
| Free cash flow | -1.06 | -1.40 | 0.09 | 0.08 | 3.24 | -10.49 | 0.26 | -15.07 | -2.11 | -2.68 |
| CFO / operating profit | -673% | -2,100% | -58% | -41% | -1,157% | 17,483% | -871% | 193% | 32% | 70% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Waaree Technologies Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 3.84% | 2.91% | -1.16% | -3.21% | -6.06% | 3.72% | -10.59% | -53.90% | -39.85% | -32.24% |
| Debtor days | 73.61 | 121.67 | 245.82 | 0.00 | — | 246.58 | 3.72 | 1.41 | 0.00 | 5.63 |
| Inventory days | 178.14 | 35.44 | 0.00 | — | — | 2.33 | 170.93 | 77.86 | 129.12 | 129.08 |
| Days payable | 14.52 | 0.59 | — | — | — | 2.91 | 29.90 | 10.52 | 35.59 | 54.35 |
| Cash conversion cycle | 237.23 | 156.51 | 245.82 | 0.00 | — | 245.99 | 144.76 | 68.75 | 93.53 | 80.36 |
| Working capital days | 201.67 | 211.57 | 911.26 | 1,800.99 | — | 301.34 | -25.70 | -120.30 | 27.09 | -163.81 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Waaree Technologies Ltd shareholding pattern
Promoters held 58.80% at Mar 2026, broadly unchanged since Mar 2024. FIIs 0.00%.
| % held | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.78% | 60.42% | 60.10% | 59.12% | 58.80% | 58.80% | 58.80% | 58.80% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% |
| Public | 44.22% | 39.57% | 39.91% | 40.88% | 41.17% | 41.19% | 41.18% | 41.19% |
| No. of shareholders | 270 | 653 | 974 | 1,482 | 3,611 | 5,203 | 5,486 | 5,667 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Waaree Technologies Ltd corporate filings
- Waaree Technologies Limited approves appointment of M/s. BHATTER & CO. as new Statutory Auditor at 13th AGM held on September 28, 2026Company Updatelow impact
Cruxal's analysis: Waaree Technologies Limited has conducted its 13th AGM on September 28, 2026, and…
Read the full analysis - Regulatory Filing Confirms Approval of Multiple Material Related Party Transactions via Shareholder ResolutionsAGM/EGMhigh impact
Cruxal's analysis: Waaree Technologies Limited has successfully obtained shareholder approval for several…
Read the full analysis - Waaree Technologies Limited concludes 13th Annual General Meeting with focus on related party transactionsAGM/EGMlow impact
Cruxal's analysis: Waaree Technologies Limited has successfully concluded its 13th Annual General Meeting…
Read the full analysis - Closure of Trading Window from October 01, 2026 till the end of 48 hours after the declaration of un-audited financial results for the half year ended September 30, 2026.Insider Trading / SASTlow impact
- Waaree Technologies Limited announces 13th Annual General Meeting (AGM) to be held on September 28, 2026Company Updatelow impact
Cruxal's analysis: Waaree Technologies Limited has issued a formal notice for its 13th Annual General…
Read the full analysis - Waaree Technologies Ltd issues web link for Annual Report accessCompany Updatelow impact
Cruxal's analysis: Waaree Technologies Ltd has provided a web link to access its annual report specifically…
Read the full analysis - Waaree Technologies Ltd releases Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Waaree Technologies Ltd has filed its Annual Report for the financial year ended March…
Read the full analysis - Waaree Technologies Limited Announces 13th AGM and Seeks Shareholder Approval for Material Related Party TransactionsAGM/EGMmedium impact
Cruxal's analysis: Waaree Technologies Limited has scheduled its 13th Annual General Meeting for September…
Read the full analysis - Waaree Technologies Limited Announces 13th Annual General Meeting (AGM) for September 28, 2026Company Updatelow impact
Cruxal's analysis: Waaree Technologies Limited has issued a public notice for its 13th Annual General…
Read the full analysis - Waaree Technologies Limited Announces Change in Statutory AuditorCompany Updatelow impact
Cruxal's analysis: Waaree Technologies Limited has announced the appointment of M/s. BHATTER & CO. as the…
Read the full analysis
This page shows filings on a one-hour delay. Sign in to see them as they land, with Cruxal's analysis of what each one means.
Cruxal publishes market data and coverage for information only. Nothing here is investment advice.