Waaree Energies Share Price Target (2025 to 2030)

Waaree Energies Share Price | Waaree Energies Limited, a leading Indian solar energy company founded in 1989, is known for manufacturing high-quality solar panels and providing complete solar solutions. With its strong presence in over 350 locations across India and around 68 countries around the world, Waaree offers services including solar power plant development, EPC (engineering, procurement and construction) services, and energy storage solutions. Stay tuned for more information on Waaree Energies share price targets for 2025, 2026, and 2030.

Fundamentals

• Market Cap – ₹69,601.54 Cr.
• P/E – 60.61
• P/B – 7.6
• Face Value – ₹10
• Div. Yield – 0%
• Book Value (TTM) – ₹318.62
• ROE – 38.50%
• ROCE – 47.62%
• 52 Week High – ₹7,824.95
• 52 Week Low – ₹2,425

Shareholdings

• Promoters – 57.8%
• FII – 14.8%
• DII – 15%
• Public – 12.4%
• Others – 0.0%

Waaree Energies Share Price Target (2025 to 2030)

Income Statement

Balance Sheet

Factors Affecting

1. Solar Energy Demand: Increase in adoption of solar energy driven by government initiatives and growing awareness about renewable energy benefits has directly driven Waaree Energies’ revenue.
2. Government Policies and Subsidies: Supportive policies such as the National Solar Mission, subsidies and tax benefits for renewable energy projects enhance growth opportunities for Waaree Energies.
3. Expansion in manufacturing capacity: Investments in increasing production capacity of solar modules and other equipment impact market share and revenue growth.
4. Export Growth: Expanding presence in international markets for solar modules and related equipment provides additional revenue streams and diversification.
5. Corporate PPAs (Power Purchase Agreements): Increase in adoption of corporate solar power purchase agreements drives demand for Waaree’s products and solutions.
6. Technological Advancement: Investments in research and development to develop high-efficiency solar panels and advanced energy storage solutions enhance product competitiveness.
7. Raw Material Costs: Fluctuations in prices of raw materials such as silicon wafers, glass and metals impact production costs and profitability.
8. Renewable energy targets: Government and private sector commitments to renewable energy targets (e.g., achieving 500 gigawatts of non-fossil fuel capacity by 2030) create stable demand for Waaree Energies’ products.
9. Competition: Performance relative to competitors such as Adani Solar, Tata Power Solar and Vikram Solar impacts Waaree Energies‘ market position and electricity price.
10. Power sector reforms: Reforms aimed at improving grid connectivity and energy storage systems enhance the viability and adoption of solar energy solutions.
11. Project execution capabilities: Timely execution of large-scale solar projects and EPC (engineering, procurement and construction) contracts impacts revenue realisation and reputation.
12. Focus on distributed solar solutions: Expansion into rooftop solar installations and small-scale solar systems drives diversified revenue growth.
13. Global solar market trends: Growth in the global solar market due to declining costs and increasing demand impacts Waaree’s export opportunities and overall valuation.
14. Environmental, Social and Governance (ESG) Practices: Strong ESG credentials attract institutional investors and drive long-term share price performance.
15. Strategic Partnerships: Collaborations with real estate developers, industries and energy companies strengthen Waaree’s market presence.
16. Battery and Storage Solutions: Expanding into energy storage systems as a complement to solar energy solutions opens up new revenue opportunities.
17. Climate Change Awareness: Growing concerns about climate change and transition to clean energy create sustained demand for Waaree’s offerings.
18. Quarterly Financial Performance: Consistent growth in revenue, EBITDA and net profit impacts short-term share price movements.
19. IPO and Funding: Access to funds through IPO or other means for expansion and technology upgrades can impact Waaree’s valuation and share price trajectory.
20. Macro-economic Factors: Inflation, interest rates and foreign exchange fluctuations impact production costs, exports and overall profitability.
21. Grid integration challenges: Overcoming challenges related to grid connectivity and storage efficiency ensures smooth project operations and revenue flow.
22. Green hydrogen adoption: Expanding into emerging areas such as green hydrogen production can create additional growth opportunities for Waaree.

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