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Industrials · Electrical Equipment · Established
Waaree Energies Limited
WAAREEENER·₹3118.8·₹89.7K Cr·Listed 28 Oct 2024
Composite
90
Top 10% in Electrical Equipment · Established
Rank1of 2
About WAAREEENER
waaree.com ↗Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects.
Capital Goods
Company description
Founded
1989
Headquarters
Mumbai, India
CEO / MD
Mr. Jignesh Devchandbhai Rathod · CEO & Whole-Time Director
Major milestone
No record found in disclosures
What they do
Segments
three segments: Solar Photovoltaic Module ManufacturingEPCO&M SolutionsIndependent Power Producer
Target customers
Primarily domestic (India)
Global footprint
India onlyDomestic operations
Shareholder breakup
Promoter
64.2%
Public
24.4%-1.6
FII
7.1%+0.1
DII
4.3%+1.5
As of Mar 2026683301 holders
›Read full description
Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid inverters; and solar products, such as solar streetlights, water heaters, and water pumps. It also provides engineering, procurement, and construction solutions; and operation and maintenance services; and operates as an independent power producer, which generates renewable energy. The company was founded in 1989 and is based in Mumbai, India.
Sourced from public company disclosures.
About
Waaree Energies Limited
IndustryElectrical Equipment
SectorCapital Goods
ClusterElectrical Equipment · Established
Market cap₹89.7K Cr
Listed28 Oct 2024
Price history2 years available
Fundamentals7 years available
Price history
WAAREEENER · monthly close, 2024–2026
+38%
23.4% CAGR · 2y
₹3,230.1+541.51 (+20.14%)1Y