Waaree Energies Complete Financial Statements

In FY2025, Waaree Energies (WAAREEENER) reported revenue ₹6,227 Cr, net profit ₹878 Cr and EPS ₹29.33, with a net profit margin of 14.1% and ROE of 9.2%. Full financial statements from FY2019 to FY2025 (7 years) — income statement, balance sheet and cash flow in ₹ Crores. Download as Excel or CSV. For live price, earnings ratios and company overview, see Waaree Energies share price today.

7 Years of Data
2025 - 2019

Complete Financial Data Export

Profitability Ratios

Net Profit Margin 14.10% 2025 data
EBITDA Margin 25.16% 2025 data
Operating Margin 23.00% 2025 data
Return on Assets 4.45% 2025 data
Return on Equity 9.15% 2025 data

Balance Sheet Ratios

Current Ratio 9.63 2025 data
Equity Ratio 48.59% 2025 data
Asset Turnover 0.32 2025 data

WAAREEENER Revenue, Net Profit & EBITDA — Year-on-Year Growth

WAAREEENER YoY (Sept 2024 vs Sept 2025) — revenue +70.0%, net profit +133.5%, EBITDA +155.2%, expenses +52.8%.

Revenue Growth
+70.0%
Year-over-Year
Net Profit Growth
+133.5%
Year-over-Year
EBITDA Growth
+155.2%
Year-over-Year
Expense Growth
+52.8%
Year-over-Year
Assets Growth
+74.5%
Year-over-Year
Equity Growth
+131.3%
Year-over-Year
Operating Cash Flow Growth
+37.0%
Year-over-Year
Investing Cash Flow Growth
-103.3%
Year-over-Year
Financing Cash Flow Growth
+344.0%
Year-over-Year

WAAREEENER Income Statement — Revenue, EBITDA & Net Profit

Waaree Energies revenue ₹6,227 Cr, EBITDA ₹1,567 Cr, net profit ₹878 Cr, EPS ₹29.33 (2025) — net profit margin 14.1%. Explore WAAREEENER investment value to estimate fundamental worth using multiple valuation models.

Periods ₹ Crores
Particulars Sept 2025 Mar 2025 Jun 2025 Dec 2025 Sept 2024 Mar 2024 Jun 2024 Dec 2024 Sept 2023 Jun 2023 Dec 2023
Revenue 6,227 4,141 4,597 7,761 3,664 3,300 3,496 3,545 3,559 3,415 1,701
Expenses 4,659 3,085 3,429 5,932 3,050 2,518 2,856 2,736 3,020 2,861 1,425
EBITDA 1,567 1,056 1,169 1,830 614 782 640 810 539 554 276
Operating Profit Margin % 23.00% 23.00% 23.00% 22.00% 15.00% 14.00% 16.00% 21.00% 15.00% 14.00% 11.00%
Depreciation 240 153 182 267 84 75 76 89 71 57 74
Interest 96 57 43 93 31 48 34 31 33 40 19
Profit Before Tax 1,232 846 943 1,469 499 659 531 690 435 457 184
Tax 353 201 171 362 123 183 129 183 115 119 43
Net Profit 878 645 773 1,107 376 475 401 507 320 338 141
Earnings Per Share (₹) 29.33 21.59 25.94 36.95 13.75 17.93 14.98 18.41 12.05 13.78 4.93

WAAREEENER Balance Sheet — Assets, Liabilities & Shareholders' Equity

WAAREEENER total assets ₹19,747 Cr, total equity ₹9,595 Cr, total liabilities ₹ Cr (2025) — ROE 9.2%.

Years Annual Data ₹ Crores
Particulars 2025 2024 2023 2022 2021 2020 2019
ASSETS
Total Assets 19,747 11,314 7,420 2,172 1,281 938 819
Current Assets 13,157 8,013 5,483 1,278 771 607 581
Fixed Assets 4,051 1,450 1,105 625 285 152 126
Capital Work in Progress 1,884 1,341 537 124 3 40 0
Investments 65 71 31 143 115 86 82
Other Assets 13,748 8,451 5,746 1,280 878 661 610
LIABILITIES
Total Liabilities
Current Liabilities 1,366 1,742 629 300 280 128 116
Non-Current Liabilities
SHAREHOLDERS' EQUITY
Total Equity 9,595 4,149 1,862 440 385 340 257
Share Capital 287 263 243 197 197 197 197
Reserves & Surplus 9,192 3,825 1,595 231 148 101 60

WAAREEENER Cash Flow Statement — Operating, Investing & Financing

Waaree Energies operating cash flow ₹3,158 Cr, investing ₹-6,806 Cr, financing ₹4,036 Cr, net cash flow ₹388 Cr (2025).

Periods ₹ Crores
Particulars March 2025 March 2024 March 2023 March 2022 March 2021 March 2020
Operating Activities 3,158 2,305 1,560 698 67 83
Investing Activities -6,806 -3,347 -2,088 -673 -250 -22
Financing Activities 4,036 909 643 101 161 -50
Net Cash Flow 388 -132 115 126 -21 12