About Waaree Renewable Technologies Limited
Data last updated: 15 July 2026
Waaree Renewable Technologies Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Waaree Energies Limited. It specialises in bop and btg services, a part of the broader energy and power sector. Incorporated on 22 June 1999, the company has been in operation for over 27 years.
Registered with ROC Mumbai under CIN L93000MH1999PLC120470. Listed on BSE: 534618.
Capital: an authorised share capital of ₹21.31 Cr and a paid-up capital of ₹20.87 Cr. Formerly known as Sangam Advisors Limited and Sangam Advisors Private Limited. It is led by directors including Nilesh Bhogilal Gandhi and Hitesh Pranjivan Mehta.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: 504 Western Edge – 1 Off Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹3,331.42 Cr, a growth of 108.51% compared to the previous year. The net worth stands at ₹933.83 Cr (up 105.26% YoY). Total assets are valued at ₹2,373.79 Cr (up 111.92% YoY).
The company has a workforce of approximately 113 employees as per the latest available data. It operates as a subsidiary of Waaree Energies Limited. Its group structure includes 4 subsidiaries.
The company is associated with 2 brands - Waaree Energies, Waaree Rtl. As per MCA filings, the company has open charges of ₹3,580.75 Cr and satisfied charges of ₹353.96 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waaree.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address504 Western Edge – 1 Off Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
-
IndustryEnergy and Power, BoP & BTG Services, Power EPC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited has undergone 3 name changes throughout its history. The company was previously known as Sangam Advisors Limited, Sangam Advisors Private Limited, and Sangam Renewables Limited. The current legal name is Waaree Renewable Technologies Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Waaree Renewable Technologies Limited | Current |
| Sangam Advisors Limited | Previous |
| Sangam Advisors Private Limited | Previous |
| Sangam Renewables Limited | Previous |
CIN History of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L93000MH1999PLC120470, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L93000MH1999PLC120470 | Current |
| U74140MH1995PLC120470 | Previous |
| U74140MH1995PTC120470 | Previous |
| L74140MH1999PLC120470 | Previous |
| U74140MH1999PLC120470 | Previous |
Associated Brands with Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited operates two associated brands: Waaree Energies and Waaree RTL. These brands represent Waaree Renewable Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of solar PV modules | waaree.com | |
| Solar-powered products are manufactured in Mumbai, India. | waareertl.com |
Competitors & Alternatives of Waaree Renewable Technologies Limited
Brands and companies operating in the same space as Waaree Renewable Technologies Limited include Trina Solar, Kyocera, Navitas Solar and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Trina Solar
|
Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States, United States | 1997 |
Kyocera
|
Kyocera is engaged in providing technology solutions globally. | Horse Shoe, United States, United States | 1959 |
Navitas Solar
|
Manufacturer of solar panel | Surat, India, India | 2013 |
Su-Kam Power Systems
|
Solar panels and power storage products are manufactured. | Gurugram, India, India | 1988 |
Servoteh
|
Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India, India | 2004 |
Borosil Renewables
|
Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India, India | 1962 |
Emmvee
|
Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | Bengaluru, India, India | 1992 |
HHV Solar Technologies
|
PV modules are manufactured by HHV Solar Technologies in India. | Bengaluru, India, India | 2008 |
SuKam Solar
|
Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India, India | 1998 |
Gautam Solar
|
Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India, India | 1997 |
Business Activity of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details for Waaree Renewable Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited is audited by kkc & associates llp (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| kkc & associates llp (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited is currently managed by 8 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Nilesh Bhogilal Gandhi
Also directs:
Indosolar Limited, Waaree Renewable Technologies Limited, Rational Engineers Limited and 2 more
|
Director | 13 Feb 2017 | 9 Years 6 Months | Current |
|
Hitesh Pranjivan Mehta
Also directs:
Indosolar Limited, Waaree Energies Limited, Waaree Renewable Technologies Limited and 4 more
|
Whole-Time Director | 15 Jun 2020 | 6 Years 2 Months | Current |
|
Pujan Pankaj Doshi
Also directs:
Waaree Pv Power Llp, Waaree Renewable Technologies Limited, Omntec Waaree Atg Pvt. Ltd. and 5 more
|
Managing Director | 02 Sep 2016 | 9 Years 11 Months | Current |
| Viren Doshi Chimanlal | Whole-Time Director | 22 Jul 2021 | 5 Years 0 Months | Current |
| Sunil Nandkishor Rathi | Whole-Time Director | 28 Mar 2023 | 3 Years 4 Months | Current |
| Sudhir Arya | Director | 16 Apr 2025 | 1 Years 3 Months | Current |
Financials of Waaree Renewable Technologies Limited FY 2026 filings available
Waaree Renewable Technologies Limited reported revenue of ₹3,331.42 Cr (up 108.51% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹3,331.42 Cr | ₹1,597.75 Cr |
| Other Income | ₹20.43 Cr | ₹14.8 Cr |
| Total Income | ₹3,351.85 Cr | ₹1,612.55 Cr |
| Cost of Materials Consumed | ₹2,605.51 Cr | ₹1,238.8 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 |
| Employee Benefit Expense | ₹48.96 Cr | ₹29.56 Cr |
| Finance Costs | ₹13.29 Cr | ₹14.84 Cr |
| Depreciation & Amortisation | ₹8.62 Cr | ₹6.37 Cr |
| Other Expenses | ₹35.85 Cr | ₹18.49 Cr |
| Total Expenses | ₹2,712.24 Cr | ₹1,308.06 Cr |
| Profit Before Exceptional Items & Tax | ₹639.61 Cr | ₹304.49 Cr |
| Exceptional Items | ₹0 | -₹4.02 Cr |
| Profit Before Tax | ₹639.61 Cr | ₹300.48 Cr |
| Total Tax Expense | ₹160.97 Cr | ₹71.55 Cr |
| Net Profit | ₹478.64 Cr | ₹228.92 Cr |
| attributable to Owners | ₹0 | ₹229.16 Cr |
| attributable to NCI | ₹0 | -₹23.62 Lakh |
| Other Comprehensive Income | -₹44.29 Lakh | ₹5.46 Lakh |
| Total Comprehensive Income | ₹478.19 Cr | ₹228.98 Cr |
| EBITDA (computed) | ₹661.52 Cr | ₹325.7 Cr |
| Basic EPS | ₹45.91 | ₹22.00 |
| Diluted EPS | ₹45.86 | ₹21.95 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹2,373.79 Cr | ₹1,120.12 Cr |
| Non-current Assets | ₹584.16 Cr | ₹308.62 Cr |
| Current Assets | ₹1,789.63 Cr | ₹811.51 Cr |
| Property, Plant & Equipment | ₹269.36 Cr | ₹195.13 Cr |
| Inventories | ₹116.76 Cr | ₹6.45 Cr |
| Trade Receivables | ₹1,172.01 Cr | ₹497.75 Cr |
| Cash & Equivalents | ₹71.82 Cr | ₹26.79 Cr |
| Equity (Net Worth) | ₹933.83 Cr | ₹454.95 Cr |
| Equity Share Capital | ₹20.87 Cr | ₹20.85 Cr |
| Borrowings (Non-current) | ₹18.48 Cr | ₹24.18 Cr |
| Borrowings (Current) | ₹63.19 Cr | ₹3.19 Cr |
| Total Debt (computed) | ₹81.67 Cr | ₹27.37 Cr |
| Current Liabilities | ₹1,328.87 Cr | ₹612.94 Cr |
| Total Liabilities | ₹1,439.97 Cr | ₹665.17 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹286.95 Cr | ₹302.7 Cr |
| Investing Cash Flow | -₹264.48 Cr | -₹236.93 Cr |
| Financing Cash Flow | ₹22.55 Cr | -₹48.57 Cr |
| Capital Expenditure | ₹122.5 Cr | ₹101.41 Cr |
| Free Cash Flow (computed) | ₹164.45 Cr | ₹201.28 Cr |
| Dividends Paid | ₹0 | ₹20.84 Cr |
| Net Change in Cash | ₹45.02 Cr | ₹17.2 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,102.4 Cr | ₹851.06 Cr | ₹774.78 Cr | ₹603.19 Cr | ₹476.58 Cr |
| Other Income | ₹6.05 Cr | ₹5.12 Cr | ₹4.43 Cr | ₹4.83 Cr | ₹4.86 Cr |
| Total Income | ₹1,108.44 Cr | ₹856.18 Cr | ₹779.21 Cr | ₹608.02 Cr | ₹481.44 Cr |
| Cost of Materials Consumed | ₹870.82 Cr | ₹673.01 Cr | ₹591.65 Cr | ₹470.02 Cr | ₹334.96 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹12.78 Cr | ₹13.64 Cr | ₹13.19 Cr | ₹9.35 Cr | ₹7.5 Cr |
| Finance Costs | ₹2.68 Cr | ₹3.42 Cr | ₹3.62 Cr | ₹3.56 Cr | ₹4.38 Cr |
| Depreciation & Amortisation | ₹2.09 Cr | ₹2.11 Cr | ₹2.18 Cr | ₹2.23 Cr | ₹1.63 Cr |
| Other Expenses | ₹11.98 Cr | ₹5.61 Cr | ₹11.99 Cr | ₹6.27 Cr | ₹7.79 Cr |
| Total Expenses | ₹900.36 Cr | ₹697.8 Cr | ₹622.64 Cr | ₹491.44 Cr | ₹356.25 Cr |
| Profit Before Exceptional Items & Tax | ₹208.09 Cr | ₹158.39 Cr | ₹156.56 Cr | ₹116.57 Cr | ₹125.18 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.02 Cr |
| Profit Before Tax | ₹208.09 Cr | ₹158.39 Cr | ₹156.56 Cr | ₹116.57 Cr | ₹121.17 Cr |
| Total Tax Expense | ₹52.38 Cr | ₹38.19 Cr | ₹40.22 Cr | ₹30.19 Cr | ₹27.4 Cr |
| Net Profit | ₹155.71 Cr | ₹120.19 Cr | ₹116.34 Cr | ₹86.39 Cr | ₹93.77 Cr |
| attributable to Owners | ₹0 | - | ₹116.3 Cr | ₹86.44 Cr | ₹93.81 Cr |
| attributable to NCI | ₹0 | - | ₹4.9 Lakh | -₹5.46 Lakh | -₹4.84 Lakh |
| Other Comprehensive Income | ₹24.78 Lakh | -₹41.84 Lakh | -₹27.23 Lakh | ₹0 | ₹14.73 Lakh |
| Total Comprehensive Income | ₹155.96 Cr | ₹119.78 Cr | ₹116.07 Cr | ₹86.39 Cr | ₹93.91 Cr |
| EBITDA (computed) | ₹212.86 Cr | ₹163.92 Cr | ₹162.37 Cr | ₹122.37 Cr | ₹131.19 Cr |
| Basic EPS | ₹14.96 | ₹11.50 | ₹11.16 | ₹8.29 | ₹9.00 |
| Diluted EPS | ₹14.94 | ₹11.50 | ₹11.13 | ₹8.27 | ₹8.98 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| EPC Contracts | ₹1,097.32 Cr | ₹211.22 Cr | ₹1,744.07 Cr | ₹1,200.14 Cr |
| Power Sale | ₹5.07 Cr | -₹6.5 Cr | ₹472.95 Cr | ₹168.08 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| EPC Contracts | ₹3,304.87 Cr | ₹624.94 Cr | - | - |
| Power Sale | ₹3,304.87 Cr | ₹7.53 Cr | - | - |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹3,331.16 Cr | ₹1,597.46 Cr |
| Other Income | ₹24.34 Cr | ₹15.13 Cr |
| Total Income | ₹3,355.49 Cr | ₹1,612.59 Cr |
| Cost of Materials Consumed | ₹2,605.51 Cr | ₹1,238.8 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 |
| Employee Benefit Expense | ₹48.83 Cr | ₹29.56 Cr |
| Finance Costs | ₹13.29 Cr | ₹14.84 Cr |
| Depreciation & Amortisation | ₹8.5 Cr | ₹6.25 Cr |
| Other Expenses | ₹35.86 Cr | ₹18.11 Cr |
| Total Expenses | ₹2,711.99 Cr | ₹1,307.55 Cr |
| Profit Before Exceptional Items & Tax | ₹643.5 Cr | ₹305.04 Cr |
| Exceptional Items | ₹0 | -₹4.02 Cr |
| Profit Before Tax | ₹643.5 Cr | ₹301.02 Cr |
| Total Tax Expense | ₹160.95 Cr | ₹71.54 Cr |
| Net Profit | ₹482.55 Cr | ₹229.49 Cr |
| Other Comprehensive Income | -₹44.29 Lakh | ₹5.46 Lakh |
| Total Comprehensive Income | ₹482.11 Cr | ₹229.54 Cr |
| EBITDA (computed) | ₹665.29 Cr | ₹326.13 Cr |
| Basic EPS | ₹46.28 | ₹22.03 |
| Diluted EPS | ₹46.19 | ₹21.98 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹2,342.97 Cr | ₹1,121.31 Cr |
| Non-current Assets | ₹560.98 Cr | ₹305.81 Cr |
| Current Assets | ₹1,781.99 Cr | ₹815.5 Cr |
| Property, Plant & Equipment | ₹237.88 Cr | ₹195.13 Cr |
| Inventories | ₹116.76 Cr | ₹6.45 Cr |
| Trade Receivables | ₹1,171.54 Cr | ₹496.98 Cr |
| Cash & Equivalents | ₹71.75 Cr | ₹26.77 Cr |
| Equity (Net Worth) | ₹939.48 Cr | ₹456.69 Cr |
| Equity Share Capital | ₹20.87 Cr | ₹20.85 Cr |
| Borrowings (Non-current) | ₹18.48 Cr | ₹24.18 Cr |
| Borrowings (Current) | ₹63.19 Cr | ₹3.19 Cr |
| Total Debt (computed) | ₹81.67 Cr | ₹27.37 Cr |
| Current Liabilities | ₹1,319.07 Cr | ₹612.89 Cr |
| Total Liabilities | ₹1,403.49 Cr | ₹664.61 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹290.93 Cr | ₹302.41 Cr |
| Investing Cash Flow | -₹271.78 Cr | -₹236.65 Cr |
| Financing Cash Flow | ₹25.84 Cr | -₹48.57 Cr |
| Capital Expenditure | ₹58.6 Cr | ₹101.41 Cr |
| Free Cash Flow (computed) | ₹232.33 Cr | ₹201 Cr |
| Dividends Paid | ₹0 | ₹20.84 Cr |
| Net Change in Cash | ₹44.98 Cr | ₹17.19 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,102.34 Cr | ₹850.99 Cr | ₹774.72 Cr | ₹603.1 Cr | ₹476.52 Cr |
| Other Income | ₹7.65 Cr | ₹6.64 Cr | ₹5.12 Cr | ₹4.93 Cr | ₹4.94 Cr |
| Total Income | ₹1,109.99 Cr | ₹857.63 Cr | ₹779.85 Cr | ₹608.03 Cr | ₹481.46 Cr |
| Cost of Materials Consumed | ₹870.82 Cr | ₹673.01 Cr | ₹591.65 Cr | ₹470.02 Cr | ₹334.96 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹12.78 Cr | ₹13.64 Cr | ₹13.07 Cr | ₹9.35 Cr | ₹7.5 Cr |
| Finance Costs | ₹2.68 Cr | ₹3.42 Cr | ₹3.62 Cr | ₹3.56 Cr | ₹4.38 Cr |
| Depreciation & Amortisation | ₹2.06 Cr | ₹2.08 Cr | ₹2.15 Cr | ₹2.2 Cr | ₹1.6 Cr |
| Other Expenses | ₹11.96 Cr | ₹5.6 Cr | ₹12.13 Cr | ₹6.17 Cr | ₹7.73 Cr |
| Total Expenses | ₹900.31 Cr | ₹697.75 Cr | ₹622.63 Cr | ₹491.31 Cr | ₹356.17 Cr |
| Profit Before Exceptional Items & Tax | ₹209.69 Cr | ₹159.88 Cr | ₹157.22 Cr | ₹116.72 Cr | ₹125.29 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.02 Cr |
| Profit Before Tax | ₹209.69 Cr | ₹159.88 Cr | ₹157.22 Cr | ₹116.72 Cr | ₹121.28 Cr |
| Total Tax Expense | ₹52.37 Cr | ₹38.19 Cr | ₹40.21 Cr | ₹30.18 Cr | ₹27.39 Cr |
| Net Profit | ₹157.31 Cr | ₹121.69 Cr | ₹117 Cr | ₹86.54 Cr | ₹93.89 Cr |
| Other Comprehensive Income | ₹24.78 Lakh | -₹41.84 Lakh | -₹27.23 Lakh | ₹0 | ₹14.73 Lakh |
| Total Comprehensive Income | ₹157.56 Cr | ₹121.27 Cr | ₹116.73 Cr | ₹86.54 Cr | ₹94.03 Cr |
| EBITDA (computed) | ₹214.43 Cr | ₹165.38 Cr | ₹162.99 Cr | ₹122.49 Cr | ₹131.27 Cr |
| Basic EPS | ₹15.11 | ₹11.64 | ₹11.23 | ₹8.30 | ₹9.01 |
| Diluted EPS | ₹15.05 | ₹11.64 | ₹11.20 | ₹8.28 | ₹8.99 |
Shareholding Pattern of Waaree Renewable Technologies Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.32%, foreign institutional investors hold 1.85%, domestic institutional investors hold 0.09%, retail and other public shareholders hold 23.73% of Waaree Renewable Technologies Limited. The company had 308,307 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | |
|---|---|---|---|---|---|
| Promoters | 74.32% | 74.32% | 74.39% | 74.39% | 74.39% |
| Public | 25.68% | 25.68% | 25.61% | 25.61% | 25.61% |
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Promoters | 74.32% | 74.39% |
| Public | 25.68% | 25.61% |
| Promoter change (YoY, %pts) | -0.07 | - |
Board & Governance of Waaree Renewable Technologies Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Waaree Renewable Technologies Limited has 8 directors - 4 independent and 4 executive. The board is chaired by Nilesh Gandhi.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Nilesh Gandhi | Non-Executive - Independent Director · Chairperson | 2017-02-13 | 1 |
| Pujan Doshi | Executive Director · MD | 2016-09-02 | 1 |
| Hitesh Mehta | Executive Director | 2020-06-15 | 3 |
| Viren Doshi | Executive Director | 2021-07-22 | 3 |
| Sunil Rathi | Executive Director | 2023-03-28 | 1 |
| Ambika Sharma | Non-Executive - Independent Director | 2024-06-20 | 6 |
| Sunil Jain | Non-Executive - Independent Director | 2024-09-27 | 1 |
| Sudhir Arya | Non-Executive - Independent Director | 2025-04-16 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Nilesh Gandhi (Chairperson), Hitesh Mehta, Ambika Sharma |
| Nomination and remuneration committee | Sunil Jain (Chairperson), Nilesh Gandhi, Ambika Sharma |
| Stakeholders Relationship Committee | Ambika Sharma (Chairperson), Pujan Doshi, Hitesh Mehta |
| Risk Management Committee | Nilesh Gandhi (Chairperson), Viren Doshi, Hitesh Mehta |
Group Structure of Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited has 4 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Waaree Renewable Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Waasang Solar Private Limited | U40106MH2018PTC312031 | - |
| Waaree Pv Technologies Private Limited | U40300MH1985PTC333383 | - |
| Waasang Solar One Private Limited | U40300MH2018PTC313194 | - |
| Sangam Rooftop Solar Private Limited | U74999MH2016PTC315380 | - |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Waaree Renewable Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Jun 2026 | Others | ₹918.75 Cr | Open |
| 10 Nov 2025 | Axis Bank Limited | ₹150 Cr | Open |
| 20 May 2025 | Others | ₹6.5 Cr | Open |
| 19 May 2025 | Others | ₹50 Lakh | Open |
| 19 Dec 2024 | Others | ₹500 Cr | Open |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited has a workforce of 113 employees as of Apr 06, 2024.
Employee and EPFO history for Waaree Renewable Technologies Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Waaree Renewable Technologies Limited
GST registrations and filing compliance for Waaree Renewable Technologies Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Waaree Renewable Technologies Limited
Credit ratings, litigation, and regulatory alerts for Waaree Renewable Technologies Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Waaree Renewable Technologies Limited
MSME payment history for Waaree Renewable Technologies Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Waaree Renewable Technologies Limited
Corporate group structure for Waaree Renewable Technologies Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Waaree Renewable Technologies Limited
MCA filings and documents for Waaree Renewable Technologies Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Waaree Renewable Technologies Limited
Recent News on Waaree Renewable Technologies Limited
Frequently Asked Questions about Waaree Renewable Technologies Limited
Waaree Renewable Technologies Limited is an active public limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 22 June 1999 (27+ years old) and is registered under CIN L93000MH1999PLC120470. Listed on BSE: 534618. The company has 113 employees.
Waaree Renewable Technologies Limited reported revenue of ₹3,331.42 Cr for FY 2026 (up 108.51% YoY) based on consolidated NSE filings.
The current directors of Waaree Renewable Technologies Limited are:
- Nilesh Bhogilal Gandhi - Director
- Hitesh Pranjivan Mehta - Whole-Time Director
- Pujan Pankaj Doshi - Managing Director
- Viren Doshi Chimanlal - Whole-Time Director
- Sunil Nandkishor Rathi - Whole-Time Director
- Sudhir Arya - Director
- Sunil Jain - Director
- Ambika Sharma - Director
The primary industry of Waaree Renewable Technologies Limited is energy and power. The company specifically operates in bop and btg services. The company is currently active in this sector.
Yes. Waaree Renewable Technologies Limited is listed on BSE with code 534618.
Waaree Renewable Technologies Limited can be reached at the registered office: 504 Western Edge – 1 Off Western Express Highway Borivali East, Mumbai, Maharashtra, India – 400066, or through the website waaree.com.