Waaree Renewable Technologies Limited

Waaree Renewable Technologies Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L93000MH1999PLC120470 Incorporated 22 June 1999 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 534618 Public Limited Company energy and power
Data last updated
Revenue · FY 2026
₹3,331.42 Cr
▲ 108.51% YoY
EBITDA · FY 2026
₹661.52 Cr
▲ 103.1% YoY
Net profit · FY 2026
₹478.64 Cr
▲ 109.08% YoY
Authorised capital
₹21.31 Cr
Registered with MCA
Paid-up capital
₹20.85 Cr
Issued & subscribed
Open charges
₹2,305.96 Cr
Satisfied ₹100 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
113
Latest available

About Waaree Renewable Technologies Limited

Data last updated: 22 December 2025

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 U74140MH1995PLC120470. Listed on BSE: 534618.

Capital: an authorised share capital of ₹21.31 Cr and a paid-up capital of ₹20.85 Cr. Formerly known as Sangam Advisors Limited and Sangam Advisors Private Limited. It is led by directors including Sunil Jain and Ambika Sharma.

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 the financials filed for FY 2025, the company reported a revenue of ₹1,612.55 Cr, a growth of 83% compared to the previous year.

The company has a workforce of approximately 113 employees as per the latest available data. It operates as a subsidiary of Waaree Energies Limited.

The company is associated with 2 brands - Waaree Energies, Waaree Rtl. As per MCA filings, the company has open charges of ₹2,305.96 Cr and satisfied charges of ₹100 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.

Company Details of Waaree Renewable Technologies Limited
CIN L93000MH1999PLC120470
Registration Number 120470
Incorporation Date 22 June 1999
ROC Mumbai
Listing Status Listed (BSE: 534618)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Waaree Energies Limited
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    504 Western Edge – 1 Off Western Express Highway Borivali (East), Mumbai, Maharashtra, India – 400066
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC
Company report
Waaree Renewable Technologies Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Waaree Renewable Technologies Limited in one report.

10-year financials Directors & ownership Charges & compliance

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 Trina Solar Photovoltaic cells for PV and smart energy solutions are developed. San Jose, United States, United States 1997
Kyocera Kyocera Kyocera is engaged in providing technology solutions globally. Horse Shoe, United States, United States 1959
Navitas Solar Navitas Solar Manufacturer of solar panel Surat, India, India 2013
Su-Kam Power Systems Su-Kam Power Systems Solar panels and power storage products are manufactured. Gurugram, India, India 1988
Servoteh Servoteh Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs Delhi, India, India 2004
Borosil Renewables Borosil Renewables Solar glass is manufactured by Borosil Renewables for photovoltaic applications. Mumbai, India, India 1962
Emmvee Emmvee Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. Bengaluru, India, India 1992
HHV Solar Technologies HHV Solar Technologies PV modules are manufactured by HHV Solar Technologies in India. Bengaluru, India, India 2008
SuKam Solar 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 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 *********

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 11 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Sunil Jain Director 27 Sep 2024 1 Years 9 Months Current
Ambika Sharma Director 20 Jun 2024 2 Years 0 Months Current
Pujan Pankaj Doshi Managing Director 02 Sep 2016 9 Years 10 Months Current
Hitesh Pranjivan Mehta Whole-Time Director 15 Jun 2020 6 Years 0 Months Current
Sunil Nandkishor Rathi Whole-Time Director 28 Mar 2023 3 Years 3 Months Current
Viren Doshi Chimanlal Whole-Time Director 22 Jul 2021 4 Years 11 Months Current
Showing 6 of 11 current directors. View all directors

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. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹3,331.42 Cr ▲ 108.51%
Profit · FY 2026
₹478.64 Cr ▲ 109.08%
EBITDA · FY 2026
₹661.52 Cr ▲ 103.1%
Revenue₹ Cr · Consolidated02,0004,000FY 2025: ₹1,598 Cr1,598FY 2025FY 2026: ₹3,331 Cr · +108.5% YoY3,331+108.5%FY 2026
Net Profit₹ Cr · Consolidated0200400600FY 2025: ₹229 Cr229FY 2025FY 2026: ₹479 Cr · +109.1% YoY479+109.1%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year05001,0001,500Q4'25: ₹477 Cr477Q4'25Q1'26: ₹603 Cr603Q1'26Q2'26: ₹775 Cr775Q2'26Q3'26: ₹851 Cr851Q3'26Q4'26: ₹1,102 Cr · +131.3% YoY1,102+131.3%Q4'26
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
Latest 5 quarters shown.
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
Latest 5 quarters shown.
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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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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

Charges & Borrowings of Waaree Renewable Technologies Limited

Open charges
₹2,305.96 Cr
Satisfied charges
₹100 Cr
Breakdown by lending institutions
Others₹1,805.96 Cr
Hdfc Bank Limited₹200.00 Cr
Axis Bank Limited₹150.00 Cr
Yes Bank Limited₹150.00 Cr
Latest charge details
DateLenderAmountStatus
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
23 Aug 2024 Others ₹360 Cr Open

Total charge records: 14 View all charges

Employees and EPFO Compliance at Waaree Renewable Technologies Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Waaree Renewable Technologies Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Waaree Renewable Technologies Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Waaree Renewable Technologies Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Waaree Renewable Technologies Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Waaree Renewable Technologies Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Waaree Renewable Technologies Limited

MSME Payment Delays by Waaree Renewable Technologies Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Waaree Renewable Technologies Limited

Subsidiaries & Group Companies of Waaree Renewable Technologies Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Waaree Renewable Technologies Limited

MCA Filings & Documents of Waaree Renewable Technologies Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Waaree Renewable Technologies Limited

Charges
18 Nov 2025
A charge registered on 08 Oct 2024 via Charge ID 101004755 with Others was fully satisfied on 18 Nov 2025.
Charges
10 Nov 2025
A charge with Axis Bank Limited amounted to Rs. 150.00 Cr with Charge ID 101193655 was registered on 10 Nov 2025.
Charges
04 Nov 2025
A charge with Others of Rs. 500.00 Cr registered on 19 Dec 2024 with Charge ID 101030331 was modified on 04 Nov 2025.
Activity
23 Sep 2025
Waaree Renewable Technologies Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
20 May 2025
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101105693 was registered on 20 May 2025.
Charges
19 May 2025
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 101105694 was registered on 19 May 2025.

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 ₹1,612.55 Cr for FY 2025 (up 83.00% YoY).

The current directors of Waaree Renewable Technologies Limited are:

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.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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