Waaree Technologies Ltd

Waaree Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Waaree Technologies Ltd

₹ 782 -2.00%
22 Nov - close price
waareetech.com BSE - SME: 539337
About

Incorporated in 2013, Waaree Technologies Ltd trades e-vehicles, batteries, lithium batteries and artificial intelligence based products & services[1]

Key Points

Business Overview:[1]
WTS is a high tech energy storage division of the Waaree group. It is a Cell to System Technology company offering premium quality energy storage solutions for renewable energy applications and Electric Utilities, solar
energy electricals storage systems.

Website BSE
  • Market Cap ₹ 842 Cr.
  • Current Price ₹ 782
  • High / Low ₹ 2,209 / 430
  • Stock P/E
  • Book Value ₹ 1.04
  • Dividend Yield 0.00 %
  • ROCE -53.9 %
  • ROE -100 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company's working capital requirements have reduced from 141 days to 109 days

Cons

  • Stock is trading at 752 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -30.8% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

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Half Yearly Results

Figures in Rs. Crores

Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
0.00 0.00 0.00 0.00 13.13 7.50 21.89 13.50 15.05 5.60
0.10 0.06 0.21 0.17 13.03 7.47 23.00 15.10 21.31 7.99
Operating Profit -0.10 -0.06 -0.21 -0.17 0.10 0.03 -1.11 -1.60 -6.26 -2.39
OPM % 0.76% 0.40% -5.07% -11.85% -41.59% -42.68%
0.03 0.00 0.04 0.09 0.27 0.15 0.17 0.22 0.14 0.04
Interest 0.00 0.00 0.00 0.02 0.02 0.01 0.03 0.20 0.02 0.02
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.68 1.09 1.09 1.09
Profit before tax -0.07 -0.06 -0.17 -0.10 0.35 0.17 -1.65 -2.67 -7.23 -3.46
Tax % 0.00% 0.00% -52.94% -30.00% 25.71% 17.65% -24.85% -25.09% -23.79% -24.28%
-0.08 -0.06 -0.08 -0.07 0.26 0.15 -1.24 -1.99 -5.51 -2.62
EPS in Rs -0.22 -0.16 -0.22 -0.07 0.24 0.14 -1.15 -1.85 -5.12 -2.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
3.59 3.37 4.20 4.95 4.76 6.78 1.47 -0.76 0.00 13.13 29.40 28.55 20.65
3.47 3.31 4.04 4.87 4.61 6.71 1.66 -0.54 0.28 13.19 30.45 36.40 29.30
Operating Profit 0.12 0.06 0.16 0.08 0.15 0.07 -0.19 -0.22 -0.28 -0.06 -1.05 -7.85 -8.65
OPM % 3.34% 1.78% 3.81% 1.62% 3.15% 1.03% -12.93% -0.46% -3.57% -27.50% -41.89%
0.00 0.00 0.03 0.11 0.04 0.06 0.14 0.10 0.05 0.36 0.32 0.36 0.18
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.05 0.01 0.00 0.04 0.07 0.23 0.04
Depreciation 0.03 0.03 0.03 0.04 0.04 0.03 0.00 0.01 0.00 0.00 0.68 2.18 2.18
Profit before tax 0.09 0.03 0.16 0.15 0.15 0.09 -0.10 -0.14 -0.23 0.26 -1.48 -9.90 -10.69
Tax % 33.33% 33.33% 31.25% 33.33% 33.33% 33.33% -20.00% 0.00% -39.13% 26.92% -26.35% -24.14%
0.07 0.02 0.11 0.10 0.11 0.05 -0.08 -0.14 -0.14 0.19 -1.09 -7.50 -8.13
EPS in Rs 0.11 0.58 0.27 0.30 0.14 -0.22 -0.38 -0.38 0.18 -1.01 -6.97 -7.55
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 24%
5 Years: 81%
3 Years: %
TTM: -42%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -152%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 89%
1 Year: 80%
Return on Equity
10 Years: -16%
5 Years: -25%
3 Years: -31%
Last Year: -100%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.29 1.36 1.36 2.63 2.63 2.63 2.63 2.63 3.68 10.77 10.77 10.77 10.77
Reserves 0.24 0.17 0.21 1.22 1.33 1.38 1.30 1.16 -0.03 1.56 0.47 -7.03 -9.65
0.01 0.10 0.00 0.00 0.00 0.29 0.38 0.00 0.15 0.00 3.05 17.85 17.15
0.76 0.33 0.60 0.69 0.22 0.09 0.02 0.03 0.04 0.14 18.63 3.21 3.16
Total Liabilities 1.30 1.96 2.17 4.54 4.18 4.39 4.33 3.82 3.84 12.47 32.92 24.80 21.43
0.22 0.19 0.16 0.19 0.15 0.00 0.01 0.01 0.00 0.00 7.47 5.77 4.98
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.75 0.21 0.24
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.20 0.20 0.20 0.20
1.08 1.77 2.01 4.35 4.03 4.39 4.32 3.81 3.69 12.27 24.50 18.62 16.01
Total Assets 1.30 1.96 2.17 4.54 4.18 4.39 4.33 3.82 3.84 12.47 32.92 24.80 21.43

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.09 -0.97 0.67 -0.85 -1.06 -1.50 0.10 0.09 3.24 -10.49 9.15 -15.12
-0.06 0.00 0.00 0.04 0.04 0.15 0.01 0.09 -0.10 0.13 -8.87 0.22
0.05 1.06 -0.06 2.17 0.00 0.28 0.04 -0.38 0.15 8.30 3.01 14.57
Net Cash Flow 0.08 0.09 0.60 1.37 -1.02 -1.08 0.14 -0.20 3.29 -2.06 3.29 -0.32

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 54.90 138.64 54.75 109.87 73.61 121.67 245.82 0.00 246.58 3.72 2.68
Inventory Days 44.65 26.24 48.34 50.63 178.14 35.44 0.00 2.33 170.93 74.28
Days Payable 80.37 34.59 47.35 51.44 14.52 0.59 2.91 29.90 10.03
Cash Conversion Cycle 19.18 130.29 55.74 109.05 237.23 156.51 245.82 0.00 245.99 144.76 66.93
Working Capital Days 21.35 133.22 51.27 107.66 201.67 227.18 1,005.61 1,800.99 301.34 12.17 109.18
ROCE % 18.75% 2.76% 10.00% 5.54% 3.84% 2.91% -1.16% -3.21% -6.06% 3.72% -10.59% -53.90%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
62.92% 64.13% 64.29% 60.69% 60.69% 60.69% 60.69% 55.78% 60.42% 60.10% 59.12% 58.80%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03%
37.08% 35.87% 35.71% 39.31% 39.31% 39.31% 39.31% 44.22% 39.57% 39.91% 40.88% 41.17%
No. of Shareholders 202028521251741792706539741,4823,611

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports