Waaree Renewable Technologies Limited Company Logo

Waaree Renewable Technologies Limited - Company Profile

It is a energy and power public limited company based in Mumbai, Maharashtra, India, established in 1999.

1999 | Mumbai, Maharashtra, India | Active
Last Updated:

About Waaree Renewable Technologies Limited

Waaree Renewable Technologies Limited, a active public limited company, was established on 22 June 1999 in Mumbai, Maharashtra, India. Engaging in bop & btg services within the electricity, gas, steam and air condition supply sector, it holds CIN: L93000MH1999PLC120470. Registered under ROC Roc Mumbai. it is listed on BSE: 534618. It has an authorized capital of ₹21.31 Cr and a paid-up capital of ₹20.85 Cr.

Formerly known as Sangam Advisors Limited, Sangam Advisors Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹346.92 Cr and a net worth of ₹111.43 Cr. Employing 113 professional, Its leadership includes Sunil Jain (Director), Ambika Sharma (Director), Pujan Pankaj Doshi (Managing Director). Past directors included Ruchi Sethi, Gauri Shankar Bajaj, Sunil Jain. It holds ₹1,955.96 Cr open charges and no settled loans. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at 504, Western Edge-1,Off Western Express Highway Borivali (East), Mumbai, Maharashtra, 400066.

Company Details

  • CIN/LLPIN

    L93000MH1999PLC120470

  • Registration Number

    120470

  • Incorporation Date

    22 June 1999

  • Authorized Capital

    ₹21.31 Cr

  • Paid-Up Capital

    ₹20.85 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 534618)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 21.31 Cr
  • Paid Up Capital ₹ 20.85 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,955.96 Cr
  • Revenue Growth 106.60%
  • Profit Growth 191.18%
  • Ebitda 474.27%
  • Net Worth 113.43%
  • Total Assets 92.67%
Company report

Waaree Renewable Technologies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Waaree Renewable Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Waaree Renewable Technologies Limited?

Current Directors

NameDesignationAppointment DateStatus
Sunil JainDirector27 Sep 2024Current
Ambika SharmaDirector20 Jun 2024Current
Pujan Pankaj DoshiManaging Director02 Sep 2016Current
Hitesh Pranjivan MehtaDirector15 Jun 2020Current
Sunil Nandkishor RathiDirector28 Mar 2023Current
Viren Doshi ChimanlalDirector22 Jul 2021Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary30 Apr 2021Past
Pramod AbcsddManaging Director02 Sep 2016Past
Pramod AbcsddAdditional Director04 Nov 2024Past
Pramod AbcsddAdditional Director15 Sep 2024Past
Pramod AbcsddDirector17 Mar 2008Past
Pramod AbcsddWhole-Time Director01 Oct 2018Past

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Financial Performance of Waaree Renewable Technologies.

Waaree Renewable Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.6% increase. The company also saw a substantial improvement in profitability, with a 191.18% increase in profit. The company's net worth Soared by an impressive increase of 113.43%.

Waaree Renewable Technologies revenue growth over time
Waaree Renewable Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
106.60%
Revenue from Operations
122.54%
Total Assets
92.67%
Profit or Loss
191.18%
Net Worth
113.43%
EBITDA
474.27%

What is the Ownership and Shareholding Structure of Waaree Renewable Technologies?

In 2023, Waaree Renewable Technologies had a promoter holding of 74.51% and a public holding of 25.48%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹19,559,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1605.96 Cr
  • Hdfc Bank Limited : 200.00 Cr
  • Yes Bank Limited : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2025Others₹6.50 CrOpen
19 May 2025Others₹5.00 MOpen
19 Dec 2024Others₹200.00 CrOpen
08 Oct 2024Others₹100.00 CrOpen
23 Aug 2024Others₹360.00 CrOpen

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How Many Employees Work at Waaree Renewable Technologies?

Waaree Renewable Technologies has a workforce of 113 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Waaree Renewable Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waaree Renewable Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Waaree Renewable Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Waaree Renewable Technologies

Recent Activity within the Organization

  • Charges

    The activity A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101105693 was registered on 20 May 2025. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101105694 was registered on 19 May 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited of Rs. 200.00 Cr registered on 26 Feb 2024 with Charge ID 100877275 was modified on 15 May 2025. was documented.

  • Director Appointment

    Manmohan Sharma was appointed as a Cfo was appointed as a Cfo on 08 May 2025 & has been associated with this company since 6 months 19 days . was recorded as a recent event.

  • Director Appointment

    The activity Sudhir Arya was appointed as a Director was appointed as a Director on 16 Apr 2025 & has been associated with this company since 7 months 10 days . was completed.

  • Charges

    Progress on A charge with Others of Rs. 150.00 Cr registered on 02 May 2023 with Charge ID 100727419 was modified on 24 Mar 2025. was documented.

Frequently Asked Questions

  • What is the CIN of Waaree Renewable Technologies Limited?

    The CIN of Waaree Renewable Technologies Limited is L93000MH1999PLC120470.

  • Where is Waaree Renewable Technologies Limited headquartered?

    Waaree Renewable Technologies Limited is headquartered at 504, Western Edge-1,Off Western Express Highway Borivali (East), Mumbai, Maharashtra, 400066.

  • When was Waaree Renewable Technologies Limited incorporated?

    Waaree Renewable Technologies Limited was incorporated on 22 June 1999.

  • Who are the current directors of Waaree Renewable Technologies Limited?

    The current directors of Waaree Renewable Technologies Limited are

  • What is the primary industry of Waaree Renewable Technologies Limited?

    The primary industry of Waaree Renewable Technologies Limited is Electricity, Gas, Steam And Air Condition Supply.

  • Is Waaree Renewable Technologies Limited a listed company?

    Waaree Renewable Technologies Limited is listed. It is listed on BSE: 534618.

  • What is the capital structure of Waaree Renewable Technologies Limited?

    The authorized capital of Waaree Renewable Technologies Limited is ₹21.31 Cr, and the paid-up capital is ₹20.85 Cr.

  • What is the compliance status of Waaree Renewable Technologies Limited?

    The compliance status of Waaree Renewable Technologies Limited is Compliant.

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