Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050

If you are wondering which share will be best for investment in recent times then you should know about Waaree Renewable Share Price Target 2025, 2030, 2040, and 2050. Today in this article we will explain the basic idea about the Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050. Based on our research and expert advice, this blog is about the company’s growth, performance, etc.

In this article, we will describe the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. Waaree Renewable Share Price Target is a trading share in the share market. We use expert research and analysis to understand the Waaree Renewable Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the Waaree Renewable Share Price Target from 2025 to 2050.

Introduction

Waaree Renewable Technologies is one of India’s top manufacturers of solar panels. The location of the company’s planned breakfast expansion was chosen based on business facilitation and geographic significance. With a 12 GW installed capacity as of 2023, Waaree Renewable Technologies is one of the biggest renewable energy sources in India. The company was founded in 1989, and Mumbai is home to its headquarters.

Overview

Waaree Renewable Company installs off-site solar farms (open-access solar plants) and rooftop and ground-mounted solar projects on its property to provide renewable energy. The Gujarati locations of Waaree Renewable Company are Chikhli, Surat, Tumb, and Nandigram. One solar module provider in India that services about 500 clients is Waaree Renewable.

Company NameWaaree Renewable Technologies Limited
Market Cap₹16, 005 Crore
Face Value₹2
Book Value₹29
P/B78.78
52 Week High₹3,065
52 Week Low₹230
DIV. YIELD0.15%

Financial Data Analysis

To comprehend its performance, we need to look at the company’s PE ratio, return on equity, current ratio, and return on assets. These characteristics will be covered in the following section. These ratios likewise influence Waaree Renewable target share price.

PE RatioReturn On Assets (ROA)Current RatioReturn On Equity (ROE)
93.532.051.273.05
Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050
Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050

Waaree Renewable Share Price Target 2024

The primary products produced by Waaree Renewable Technologies Ltd. are PV solar models and batteries. In addition to rooftop and ground-mounted solar, capex and floating solar, and work for equipment maintenance, solar models also include renewable energy service company (RESCO) and floating solar. Solar panels are installed in reservoirs, lakes, and ponds as part of the floating solar model. In models of renewable energy service companies, the business develops rooftop solar projects from start to finish.

YearWaaree Renewable Share Price Target 2024
1st Price Target1,465
2nd Price Target1,695
The company’s revenue growth is expanding; on an annual basis, it has grown by 338%. The revenue amount for the year’s third quarter is ₹325 crore, compared to ₹76 crore for the financial year 2024’s third quarter result. By March 31, 2023, the annual revenue growth will have exceeded ₹500 crore. The annual EBITDA growth rate of 147 % indicates the company’s expansion. The first price target is ₹1,465, and the second price target is ₹1,695, according to the Waaree Renewable Share Price Target 2024 share price estimate.

Waaree Renewable Share Price Target 2025

In the Mumbai Metro, Waaree Renewable Company finished installing solar roofing at 12 stations. Just 30% of the total power used in the Mumbai Metro Station comes from the 2.35 MW of installed rooftop solar power capacity. The Waaree Solar PV modules enable the company to supply electricity to every Metro station in Mumbai. Another is the National Thermal Power Corporation (NTPC), the first floating solar project with an installed capacity of one megawatt grid, located near Gujrat.

YearWaaree Renewable Share Price Target 2025
1st Price Target1,735
2nd Price Target1,965
The company’s revenues are growing along with the need for renewable energy. Sales have increased by 462 over the past three years and by 125 % during the past year. In March 2022, the net sales amount was ₹156 Crore, and in March 2023, it increased to ₹345 Crore. The first price target is ₹1,735, and the second price target is ₹1,965, according to the Waaree Renewable Share Price Target 2025 share price estimate.

Waaree Renewable Share Price Target 2027

A 21MWp ground-mounted solar plant is another project in Solapur, Maharastra. It is intended to produce 34500 MWh of electricity per year from this plant. This facility produces 64312 units of Waaree 325 watt solar modules. A total of 6GW of solar modules have been supplied, and 1.1GW of solar EPC projects have been applied. The company’s primary goal is to deliver sustainable energy using an economical method.

YearWaaree Renewable Share Price Target 2027
1st Price Target2,325
2nd Price Target2,600
The company’s profit growth is likewise increasing. Profit growth over the last three years was ₹588 crore; it increased by ₹195 crore in the previous year and by ₹256 crore in the previous five. The net profit rate for the third quarter of 2024 is ₹68 crore, up from ₹27 crore in the previous quarter’s result. The company’s PAT value grew by 255% during the September quarter of 2023. The first price target is ₹2,325, and the second price target is ₹2,600, according to the Waaree Renewable Share Price Target 2027 share price estimate.

Waaree Renewable Share Price Target 2030

In the years 2018–20, Waaree Renewable business launched its first solar project for government organizations. In under 100 days, the business also introduced the first international EPC project in Vietnam, with an installed capacity of 50MW. One of the company’s most significant initiatives in Vietnam is the international standards-compliant project. The 48.9MW Vietnam Power Plant can generate 78,655 MWh of power annually.

YearWaaree Renewable Share Price Target 2030
1st Price Target3,425
2nd Price Target3,645
Since the company is the oldest and there is a demand for renewable energy sources, its promoter holding capacity—at 75%—is good, indicating that many qualified investors are interested in purchasing shares. The growth in total expenses from December 2022 to December 2023 was -65% to 95%. The first price target is ₹3425, and the second price target is ₹3,645, according to the Waaree Renewable Share Price Target 2030 share price estimate.

Waaree Renewable Share Price Target 2040

Waaree Renewables indicates continued innovation, market expansion, and rising worldwide renewable energy demand. Strong financial performance and strategic vision will increase stock value, while improved solar efficiency and market expansion will drive growth and retain sector leadership.

YearWaaree Renewable Share Price Target 2040
1st Price Target8,000
2nd Price Target8,500
The first price target is ₹8,000, and the second price target is ₹8,500, according to the Waaree Renewable Share Price Target 2030 share price estimate.

Waaree Renewable Share Price Target 2050

Forecasting the share price of Waaree Renewables in 2050 is somewhat speculative. Trends in the energy market, business success, the state of the economy, and regulatory changes are all important factors to take into account. Consult financial analysts and keep abreast of market changes for a better-informed perspective.

YearWaaree Renewable Share Price Target 2050
1st Price Target14,000
2nd Price Target16,000
The first price target is ₹14,000, and the second price target is ₹16,000, according to the Waaree Renewable Share Price Target 2050 share price estimate.
Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050
Waaree Renewable Share Price Target 2025, 2027, 2030, 2040, and 2050

Advantages and Disadvantages Of Waaree Renewables

Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the Waaree Renewables Share Price Target.

Advantages

  • With ₹560 crore in profits during the last three years, the company is doing well.
  • The company’s revenue is growing by 340% annually.
  • The corporation has a low debt load and an interest cover ratio of 70, which indicates that all debt will be paid off.
  • The business has an effective cash conversation cycle of 80 days, which is highly encouraging for its expansion.
  • The company’s most recent financial year 2023 ROE ratio of 73% is extremely encouraging for the business’s expansion.

Disadvantages

  • A negative indicator of the company’s growth is the trending EBITDA, which is a high rate of 147% annually.

FAQs

Who is the CEO of Waaree Renewables?

Mr.  Amit Paithankar is the CEO of Waaree Renewables.

Should I invest in Waaree Renewables shares right now?

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Conclusion

We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the Waaree Renewables Share Price Target. We make sure that, over time, the Waaree Renewables Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. Waaree Renewables is mostly associated with renewable energy. Thus, as the need for this industry grows, so does the share’s potential for future profit.

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Disclaimer

The above-mentioned Waaree Renewables share price targets are for reference purposes only and are not assured to remain accurate. They are dependent upon favorable market circumstances, company performance, and other variables. They are predicated on the assumption of a favorable market. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.

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