Through the years, Waaree Renewables has become a significant entity in the growth of green energy in particular, and renewable energy in general, in India. Promoting itself as a solar power solutions provider, Waaree Renewables has built a diverse range of offerings to cater to residential and industrial segments.
From the investor’s perspective, the company provides a good way to enter the new sector of clean energy that is experiencing constant growth on a global scale. This article analyzes the company’s performance, financial status, and future expectations for the waaree renewables share price target forecast for the next decades.
Table of Contents
About the Waaree Renewables Company
Waaree Renewables is part of the Maharashtra-based diversified business conglomerate, the Waaree Group, which deals with solar power solutions. The company specializes in the manufacture of efficient solar panels, installation services, and utility-scale solar solutions. This article seeks to discuss how Waaree Renewables is central to the quest for clean energy sources in India as it rises to meet the global demand for clean energy sources. The company is engaged in the manufacture, engineering, procurement, and construction of solar power generation solutions.
Waaree Renewables Share Price Target Loan Book
Among the leading players in the Indian renewable energy segment, Waaree Renewables has illustrated a stable expansion of the loan portfolio. According to the latest updates of the company, its loan book is valued at about INR 1,500 crore. This is a good signal on the financial backing of its solar energy investments and expansion, thus improving the investor’s prospects on share prices.
Waaree Renewables Share Price Target Borrowings
To achieve the increase in operations scale, Waaree Renewables has strategically applied borrowings. The total borrowings are at present estimated at approximately INR 1,200 crore and are useful in financing its expansion in the area of renewable energy services.
What will be the Business Overview for Waaree Renewables India?
The business of Waaree Renewables is well established in India; the company is also involved in manufacturing of solar panels; EPC services and project development. The company targets clients in both the private and public domains with attention to utility-scale power plants in addition to distributed solar systems. Waaree Renewables has manufacturing facilities all across India, having this much production capacity it fulfills the growing demand for renewable energy products in India and in the World.
Key Fundamentals of Waaree Renewables
- Market Capitalization: From the Waaree Renewables point of view, there is evident growth in its growth path whereby its market capitalization has been on the rise.
- P/E Ratio: Currently it is valued according to the P/E format which gives it the aspect of its valuation to the earnings.
- Debt-to-Equity Ratio: The company has a good extent of leveraging; it has a strategic strength about its debt-equity ratio.
- Return on Equity (ROE): This is actually a strong figure depicting that the management of waaree renewables share price target is good and has further growth capacity.
Market Cap | 159.53 billion INR. |
Enterprise Value | 14,530.87 Cr |
52 Week High/Low | ₹3,037.75 and ₹240.00 |
Stock P/E | 94.01 |
Book Value | ₹22.3 |
Dividend Yield | 1.00 |
ROCE | 103.22% |
ROE | 94.02% |
Face Value | 2 |
Price to Book Value | 60.01 times |
EPS | ₹0.00 |
Debt | ₹41.18 Cr |
Promoters Holding
| 74.44% |
What will be the Financial Performance of Waaree Renewables?
Financially, Waaree Renewables appears to be a company on the right track with the company having achieved consistent annual revenue growth and profitability within the last three years. This growth can be attributed to an increase in the use of solar power, this was supported by government policies in the consumption of renewable energy. Amounts of cash and cash equivalents have been positive and expenses have been effectively managed while they are on their way steady.
Revenue | 236.35Cr |
Net income | ₹28.3Cr |
Diluted EPS | 2.71 |
Net profit margin | 11.97% |
Operating income | 39.54Cr |
Cost of revenue | 185.45Cr |
What will be the Share Holding Pattern for Waaree Renewables?
Analyzing the shareholding pattern of Waaree Renewables reveals that there are institutional and retail investors who invest in the market. The company also has a high percentage of promoters holding, which indicates self-interest from the company founders or executive management.
HOLDING | Sep 2024 | June 2024 |
Promoters Holding | 74.4% | 74.45% |
FII Holding | 1.0% | 0.8% |
DII Holding | 0% | 0.0% |
Public Holding | 24.6% | 24.7% |
Get Waaree Renewables Share Price Target 2024
The target share price for the next five years can be high and for 2024 the Waaree Renewables share price target is estimated to be between INR 1490.70 This growth could be attributed to the company’s aim at increasing manufacturing capacity together with a focus on EPC projects.
Year | Price Target |
2024 | INR 1490.70 |
Get Waaree Renewables Share Price Target 2025
The waaree renewables share price target for 2025 is set between INR 3449 due to the increasing amount of renewable energy demand and political measures supporting the use of solar energy.
Year | Price Target |
2025 | INR 3449 |
Get Waaree Renewables Share Price Target 2026
For the year 2026, the possible forward-looking target of waaree renewables share price target may hit INR 4644 Further, this growth is expected by way of future development of additional solar power facilities and improvements in the manufacturing of solar power plants.
Year | Price Target |
2026 | INR 4644 |
Get Waaree Renewables Share Price Target 2027
The waaree renewables share price target for 2027 may be likely to be within INR 5808 owing to the focus on enhancing the project’s pipeline and expanding the technology portfolio of the company in the realm of solar electricity.
Year | Price Target |
2027 | INR 5808 |
Get Waaree Renewables Share Price Target 2028
The target for the future could be the increase of the share price by INR 7085 at the maximum by 2028, the company’s active involvement in the renewable segment, and its high operational growth rate.
Year | Price Target |
2028 | INR 7085 |
Get Waaree Renewables Share Price Target 2029
Due to the company’s increasing market coverage and the acquisition of other entities operating within the sphere of clean energy, the waaree renewables share price target for 2029 is expected to range between INR 8290
Year | Price Target |
2029 | INR 8290 |
Get Waaree Renewables Share Price Target 2030
By 2030, the target share price of Waaree Renewables may rise to INR 9495 because of highly developed solar technology and long-term incentives to promote renewable energy investment from the government.
Year | Price Target |
2030 | INR 9495 |
Get Waaree Renewables Share Price Target 2035
Based on the projections for 2035, the share price target is in the unclear range and the exact amount is not available , as Waaree Renewables can find more infrastructure projects in the renewable energy sector.
Year | Price Target |
2035 | not available |
Get Waaree Renewables Share Price Target 2040
A forecasted share price may be in the 2040 range of INR 9,000 to INR 10,500. R&D and sustainability initiatives are expected to be the primary source of investment for this association over the long term, as we foresee Waaree Renewables’ improving throughout this period.
Year | Price Target |
2040 | INR 9,000 to INR 10,500 |
Get Waaree Renewables Share Price Target 2045
The Waaree Renewables Stock Price may reach between INR 10,000 to INR 11,500 by 2045 only if the government continues supporting renewable and new private players invest in renewable projects.
Year | Price Target |
2045 | INR 10,000 to INR 11,500 |
Get Waaree Renewables Share Price Target 2050
For the fiscal year 2050, the conglomerate expected that growth of the waaree renewables share price target would be INR 14,000 and INR 16,000. Increased utilization of renewable energy and evolving technologies should drive this long-term growth.
Year | Price Target |
2050 | INR 14,000 and INR 16,000 |
Factors Influencing Waaree Renewables Share Price Target
- Government Policies: Policy factors including subsidies and tax incentives are very essential for renewable energy businesses.
- Technological Advancements: Advanced features in the use and setup of solar like the level of power and costs allow operation gains.
- Market Demand for Clean Energy: As India and other nations strive to become carbon neutral the push for renewable energy sources will be the biggest driver for Waaree.
- Global Energy Trends: Waaree Renewables’ share again depends on the inter-country trade policies and carbon cut targets.
What will be the Future Growth Prospects of the Waaree Renewables Company?
The relative growth prospects hence seem favorable for Waaree Renewables in the future. As the world has started moving towards renewable technologies, especially solar energy, the company is ideally placed to benefit from the rising demand for solar products and systems. Based on the current portfolio of projects, growth strategy, and technology acquisitions, it is evident that more growth is expected to come from waaree renewables share price target and therefore long-term returns from the solar power sector in India look attractive for investors.
Conclusion
As a leading player in the renewable energy industry, Waaree Renewables has ample prospects for expansion. As the world shifts its focus to green energy, investing in Waaree Renewables is a wise decision for those seeking to capitalize on the future of energy. Over all the short-term as well as long-term potential is captured in the share price of Waaree Renewables in the light of the company’s core strategy map.
FAQs
The price of Waaree Renewables Ltd’s shares is INR 1490.70 depending on the current market prices. Kindly refer to the current stock market index to find a current price.
With that position in the renewable energy market and its fundamental location, Waaree Renewables is a potential long-term investment.
Some of these are government policies that support clean energy, technology that continues improving the ways of producing power, and market forces that are forcing companies to improve their production of clean energy.
Specific targets for the given projection involve predicting share prices from INR 1490.70 for 2024 to possibly inching towards INR 16000 in the year 2050 depending on growth trends as well as industry contingencies.
Some of the market players involved are Waaree Renewables, this company is among the leading holding solar energy products and services.
Disclaimer
This article is just for information and education purposes. These predictions and statistics of stock prices are just for educational purposes. We don’t recommend buying and selling any stocks of the company. Investors are responsible for conducting research on stock prices before investing in any stock. We are not responsible for loss and damage arising while using this stock price content.
