By- Sandeep Bishnoi
Oct 16, 2024
In the fast-paced world of renewable energy, Waaree Renewable Technologies Ltd. has emerged as one of India’s leading solar manufacturing giants. With its headquarters in Mumbai and an installed capacity of 12 GW as of 2023, the company is making significant strides in providing clean and sustainable energy. This article aims to provide a detailed analysis of the company’s share price forecast from 2025 to 2050, incorporating all key aspects such as financial growth, products and services, competitors, risk factors, and future plans.
https://waareertl.com/Explore Waaree Renewable Technologies Ltd.’s share price target for 2025 to 2050. Get insights into its financial performance, competitors, future growth, and potential risks to make informed investment decisions.
Overview of Waaree Renewable Technologies Ltd.
| Company Name | Waaree Renewable Technologies Ltd. |
|---|
| Established | 1989 |
| Market Cap | ₹15,999.59 Crore |
| Book Value | ₹28.90 |
| Face Value | ₹2 |
| 52-Week High | ₹3,058.63 |
| 52-Week Low | ₹226.32 |
Waaree Renewable Technologies Ltd. focuses on manufacturing PV solar modules, offering on-site and off-site solar projects, including rooftop solar systems and floating solar farms. The company operates multiple plants across Gujarat and aims to reduce carbon footprints by utilizing innovative technologies in renewable energy.
Waaree Renewable Share Price Targets (2025-2050)
✓ Power Grid Share Price Target
| Year | Price Target 1 | Price Target 2 |
|---|
| 2025 | ₹1,720 | ₹1,940 |
| 2027 | ₹2,310 | ₹2,590 |
| 2030 | ₹3,410 | ₹3,630 |
| 2035 | ₹5,020 | ₹5,250 |
| 2040 | ₹7,120 | ₹7,400 |
| 2050 | ₹10,800 | ₹11,100 |
Summary of Share Price Targets
- 2025: Waaree’s focus on solar module manufacturing and installation of rooftop systems will drive its stock price, reaching ₹1,720-₹1,940. Expansion of solar projects, both domestic and international, will add to growth.
- 2027: With a growing number of projects, including floating solar power installations, the company will see its stock price surge to ₹2,310-₹2,590.
- 2030: Increasing global demand for clean energy solutions will further boost Waaree’s profitability, pushing its stock to ₹3,410-₹3,630.
- 2035 and Beyond: As renewable energy becomes mainstream, Waaree will likely dominate the sector, with share prices reaching ₹5,020 by 2035 and ₹10,800 by 2050.
Waaree Renewable Technologies Ltd. Share Price Target 2025
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2025 | ₹1,720 | ₹1,940 |
Summary for 2025:
In 2025, Waaree Renewable Technologies Ltd. is projected to see steady growth, with a price range between ₹1,720 and ₹1,940. The company’s focus on solar power technology and the increasing demand for renewable energy are expected to drive this growth. Government initiatives and policies supporting green energy will further boost investor confidence.
Waaree Renewable Technologies Ltd. Share Price Target 2030
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2030 | ₹3,410 | ₹3,630 |
Summary for 2030:
By 2030, Waaree Renewable Technologies Ltd. could reach a price range of ₹3,410 to ₹3,630, benefiting from long-term solar power projects and global energy transitions. The company’s increasing market share and international expansion will likely contribute to this substantial growth. The focus on clean energy will attract long-term investors as countries around the world prioritize sustainability.
Waaree Renewable Technologies Ltd. Share Price Target 2035
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2035 | ₹5,020 | ₹5,250 |
Summary for 2035:
In 2035, the stock is expected to trade between ₹5,020 and ₹5,250. Waaree Renewable Technologies Ltd.’s technological advancements in solar modules, alongside strong government backing, will continue to play a pivotal role in the company’s financial performance. As India works toward achieving its renewable energy targets, Waaree could emerge as a key player in the sector.
Waaree Renewable Technologies Ltd. Share Price Target 2040
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2040 | ₹7,120 | ₹7,400 |
Summary for 2040:
By 2040, Waaree Renewable Technologies Ltd. is expected to reach a price range between ₹7,120 and ₹7,400. This increase is projected based on the company’s consistent revenue growth from large-scale solar power projects, improved infrastructure, and higher adoption of solar technology globally. Continued innovation and strategic partnerships are likely to contribute to its success.
Waaree Renewable Technologies Ltd. Share Price Target 2050
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|
| 2050 | ₹10,800 | ₹11,100 |
Summary for 2050:
Looking ahead to 2050, Waaree Renewable Technologies Ltd.’s stock could trade between ₹10,800 and ₹11,100, driven by the complete shift to renewable energy sources. As solar energy becomes a dominant source of power worldwide, the company’s established position in the market will likely ensure its sustained growth. Waaree’s ability to innovate and adapt will be critical in securing its leadership in the renewable energy industry.
PFC Share Price Target
Products and Services
Waaree specializes in the following products and services:
- PV Solar Modules: These include rooftop and ground-mounted solar systems.
- Floating Solar Panels: These utilize water bodies for solar energy production.
- Renewable Energy Service Company (RESCO) Models: The company takes care of the entire lifecycle of solar projects.
Future Plans of Waaree Renewable Technologies Ltd.
Waaree is focused on:
- International Expansion: The company is exploring global markets with new solar EPC projects.
- Innovative Solar Technologies: Developing more efficient and cost-effective solar panels.
- Sustainability: Waaree aims to further reduce carbon emissions and improve energy efficiency in India.
Competitors
| Company | Core Focus |
|---|
| Adani Green Energy | Solar and Wind Power |
| Zodiac Energy | Solar Power Solutions |
| Solex Energy | Solar PV Manufacturing |
| Banka BioLoo | Bio-toilets and Renewable Tech |
| Tata Power Solar | Solar EPC and Manufacturing |
Risk Factors
Investors should be mindful of these risks:
- Policy Changes: Changes in government policy regarding renewable energy could affect company growth.
- Competition: Waaree faces strong competition from players like Adani Green and Tata Power.
- Technological Disruption: Rapid advances in energy storage and other renewable technologies could disrupt current solar solutions.
- Market Volatility: The global renewable energy market is highly volatile, which can impact stock prices.
Profit & Loss Summary of Waaree Renewable Technologies Ltd. (in ₹ Crore)
| Year | Revenue (₹ Cr) | Total Expenses (₹ Cr) | Profit Before Tax (₹ Cr) | Profit After Tax (₹ Cr) | Basic EPS (₹) |
|---|
| Mar 2024 | 875.19 | 674.90 | 200.29 | 148.94 | 14.30 |
| Mar 2023 | 346.92 | 267.11 | 79.81 | 59.41 | 28.54 |
| Mar 2022 | 167.91 | 141.96 | 25.95 | 20.40 | 9.80 |
| Mar 2021 | 11.30 | 8.63 | 2.66 | 2.34 | 1.13 |
| Mar 2020 | 5.08 | 5.48 | -0.40 | -0.19 | -0.09 |
Summary:
Waaree Renewable Technologies Ltd. has shown remarkable revenue growth over the last five years. In March 2024, the company recorded a revenue of ₹875.19 crore, up from ₹346.92 crore in 2023. Profit before tax increased significantly, reaching ₹200.29 crore in 2024 from ₹79.81 crore in 2023. This growth is attributed to the company’s expanding operations in the renewable energy sector. The Basic Earnings Per Share (EPS) also improved, from ₹28.54 in 2023 to ₹14.30 in 2024.
The company’s consistent focus on renewable energy technologies, supported by favorable government policies, is expected to continue driving profitability and shareholder returns.
Pros and Cons
Pros:
- High growth potential in the renewable energy sector.
- Strong financial performance and profitability.
- Global expansion plans.
Cons:
- High competition from established players like Adani Green and Tata Power.
- Market volatility in the renewable energy sector.
- Heavy dependence on government policies for growth.
FAQs
Is Waaree Renewable a good investment?
Yes, it has shown steady financial growth and has promising future plans in the renewable energy sector.
What is the projected price target for 2030?
The price target for 2030 is between ₹3,410 and ₹3,630.
Does Waaree Renewable face any major risks?
Yes, risks include policy changes, competition, and market volatility.
What products does Waaree Renewable offer?
PV solar modules, floating solar panels, and RESCO models.
Who are Waaree’s main competitors?
Adani Green Energy, Tata Power Solar, Zodiac Energy, and Solex Energy.
How has Waaree’s profit grown over the years?
Waaree’s profits have grown from ₹25.23 crore in 2021 to ₹192.23 crore in 2023.
What is the company’s main goal for the future?
Waaree aims to expand internationally and improve its solar technologies.
Conclusion
Waaree Renewable Technologies Ltd. is a promising player in the renewable energy market, with a strong financial foundation and ambitious future plans. The company’s continuous efforts to expand its product offerings and maintain a sustainable business model make it an attractive option for long-term investors. However, potential investors should be mindful of market volatility and competition in this rapidly evolving sector.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of Waaree Renewable Technologies Ltd. can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com/Finance will not take any responsibility if your money is lost. Please invest money at your own risk.
