Waaree Energies

Waaree Energies

Solar · WAAREEENER
Large CapTechnologyEarly Growth
Hitesh Doshi
Hitesh Doshi
Chairman and Managing Director · Visionary
Company DNA
Pace — Speed of executionPaceInnovation — Disruption appetiteInnovCulture — Organizational valuesCultrEfficiency — Operational focusEfficPurpose — Profit vs mission balancePurpsBrand — Market perceptionBrand
Founder-Centric
About
Waaree Energies is a Large Cap company in the Technology sector, listed on NSE as WAAREEENER. With a market cap of ₹75K Cr and revenue of ₹14K Cr, it is currently in the Early Growth phase. Known for its Founder-Centric culture and Fast-Follower approach to innovation, the company operates at a Startup-Speed pace. Strong influence of Hitesh Doshi in steering the strategic direction of this fast-growing solar energy firm. Its strategic mandate: Given the nascent and capital-intensive nature of the renewable sector, it requires rapid capacity scaling and domestic market footprint solidification.
FAQ
What kind of company is Waaree Energies?
Waaree Energies is a Large Cap Technology company (WAAREEENER) in the Early Growth phase with a market cap of ₹75K Cr. It is classified as Founder-Centric in culture.
What is Waaree Energies's culture and work environment like?
Waaree Energies has a Founder-Centric culture with Fast-Follower innovation DNA and a Startup-Speed pace of execution. Employee brand: Demanding Machine. Customer relationship style: B2B-Enterprise. Strong influence of Hitesh Doshi in steering the strategic direction of this fast-growing solar energy firm.
Who leads Waaree Energies?
Waaree Energies is led by Hitesh Doshi (Chairman and Managing Director), a Visionary leader with 35 years of experience.
What are Waaree Energies's financials?
Waaree Energies reported revenue of ₹14K Cr in FY25 with a 5-year revenue CAGR of 71.6%. Operating margin: 16.3%. Market cap: ₹75K Cr.

Culture & Strategy

CultureFounder-Centric
InnovationFast-Follower
PaceStartup-Speed
PurposeMission-First
CustomerB2B-Enterprise
EmployeeDemanding Machine
BrandTechnical-Expert
LifecycleEarly Growth
Strong influence of Hitesh Doshi in steering the strategic direction of this fast-growing solar energy firm.
Mandate
Given the nascent and capital-intensive nature of the renewable sector, it requires rapid capacity scaling and domestic market footprint solidification.

Financials

Revenue FY25₹14K Cr
PAT FY25₹2K Cr
Rev CAGR 5Y71.6%
OPM16.3%
NPM13%
ROE19.7%
ROCE21.3%
P/E24
Fwd P/E16.4
P/B6.8
D/E25.1
Mkt Cap₹75K Cr
Promoter68.4%
Institutional5.5%