Waaree Energies Share Price Target 2025, 2030, 2040, 2050
Waaree Energies Limited is a ranking company promoting clean energy through its products. Generally, they make solar panels for different purposes to generate electricity. Since the climatic conditions are much affected by air pollution the government is also focusing on promoting pollution energy.
A major solar energy company with 12 GW of installed capacity and good financial development, Waaree Energies is a focus for renewable energy investors.
What is Waaree Energies Limited?
Contents
- 1 What is Waaree Energies Limited?
- 2 Waaree Energies Share Price Target Tomorrow
- 3 Waaree Energies Share Price Target 2025
- 4 Waaree Energies Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Waaree Energies Share Price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Waaree Energies Stock?
- 12 Fundamental Table for Waaree Energies
- 13 Is Waaree Energies Stock Good to Buy? (Bull case & Bear case)
- 14 Conclusion
- 15 FAQs
Waaree Energies Limited is India’s most prominent solar photovoltaic (PV) module producer and a sustainable energy leader. The Mumbai-based enterprise, founded in 1990, has 12 GW of installed capacity and contributes significantly to India’s solar energy environment. Waaree four Gujarat factories make Mono PERC, Bifacial, and Polycrystalline solar modules.
It is one of the main companies of the Waaree Group. The company makes and sells solar panels. It provides good quality at affordable prices, focusing on clean energy solutions. The company provides full setup services. It has the biggest solar panel manufacturing capacity in India, with 2 GW at Gujrat.
The company’s finances look much debt-free and profitable. However, the short-term movement of the stock in the stock market is not good. There are a lot of things by which short-term movement is determined. As of now, it is in bearish mode and you should wait for the buying opportunity.
| Year | Minimum Price | Maximum Price |
| 2024 | -₹109 | +₹180 |
The company makes solar panels, batteries, and other solar products. The company offers different types of solar products and setups like ground-mounted solar, rooftop solar, and floating solar that uses water bodies like ponds and lakes. They provide regular services for their equipment. In 2025, its share price target would be ₹3512 as per our expert’s analysis.
By 2025, its share price would be between ₹1200 to ₹3512.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1200 | 3512 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1910 | 3010 |
| February | 1822 | 2711 |
| March | 1654 | 1741 |
| April | 1541 | 1654 |
| May | 1324 | 1454 |
| June | 1200 | 1410 |
| July | 1357 | 2154 |
| August | 1847 | 2354 |
| September | 2125 | 2658 |
| October | 2354 | 2854 |
| November | 2565 | 3254 |
| December | 3025 | 3512 |
The company has set up its solar rooftop systems at several Mumbai Metro stations, which help a lot in the absence of main electricity. The company also worked with the National Thermal Power Corporation (NTPC) in Gujarat on the first floating solar power project in the area. The company’s aim is clear to increase awareness for using clean energy resources. According to the company’s past performance, its share price target would be ₹4425 in 2026.
In 2026, its share would be between ₹2000 to ₹4425 predicted by our expert team.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 2000 | 4425 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3025 | 3630 |
| February | 2741 | 3021 |
| March | 2451 | 2854 |
| April | 2254 | 2514 |
| May | 2000 | 2325 |
| June | 2254 | 2684 |
| July | 2547 | 3254 |
| August | 2845 | 3325 |
| September | 3025 | 3544 |
| October | 3325 | 3684 |
| November | 3541 | 4154 |
| December | 4014 | 4425 |
It is becoming more successful in the renewable energy industry. As the company makes more solar panels and adds new products, its share price is expected to grow steadily. The rising demand for clean energy and the government’s support for green projects in India will likely help the company. In the upcoming year, the share price is expected to go up because of continued investment in new technology and development. In 2026, its share price target would be ₹5125 as per our analysis.
By our prediction, its share price would be between ₹3725 to ₹5125 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 3725 | 5125 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4014 | 4541 |
| February | 3884 | 3954 |
| March | 3725 | 3874 |
| April | 3820 | 4145 |
| May | 4020 | 4254 |
| June | 4136 | 4356 |
| July | 4258 | 4458 |
| August | 4358 | 4654 |
| September | 4529 | 4856 |
| October | 4658 | 4910 |
| November | 4857 | 5005 |
| December | 4920 | 5125 |
This company is expected to keep growing in the renewable energy sector. The company is important in India’s solar energy development and is working on big projects, which could help it grow even more. With more customers in India and other countries, its share price is likely to go up, showing it’s becoming stronger in the market and making more money from new solar energy projects. In 2027, its share price target would be ₹5925 as per our analysis.
By our prediction, its share price would be between ₹4425 to ₹5925 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 4425 | 5925 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4920 | 5242 |
| February | ||
| March | 4658 | 4841 |
| April | 4425 | 4587 |
| May | 4520 | 4754 |
| June | 4652 | 4874 |
| July | 4758 | 4987 |
| August | 4850 | 5254 |
| September | 5114 | 5457 |
| October | 5321 | 5684 |
| November | 5545 | 5812 |
| December | 5741 | 5925 |
It is a key player in the solar energy market, helping India move towards cleaner energy. The company makes solar panels and other energy products, supporting the government’s push for less pollution. With 12 GW of installed capacity, Waaree is growing both in India and internationally. The company has been seeing good financial growth and higher revenue. As demand for solar energy rises, it is expected to keep expanding. In 2029, its share price target would be ₹6584 as per our analysis.
By our prediction, its share price would be between ₹5124 to ₹6584 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 5124 | 6584 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 5741 | 6023 |
| February | 5412 | 5545 |
| March | 5254 | 5344 |
| April | 5124 | 5321 |
| May | 5254 | 5567 |
| June | 5412 | 5658 |
| July | 5541 | 5745 |
| August | 5658 | 5845 |
| September | 5784 | 6145 |
| October | 5954 | 6254 |
| November | 6160 | 6410 |
| December | 6321 | 6584 |
They also doing a huge project in Maharashtra. It plans to produce 34,500 MWh of power each year and will make 64,312 Waaree 325-watt solar panels. The company has supplied a total of 6 GW of solar panels and worked on projects adding up to 1.1 GW. Their main goal is to provide sustainable energy cost-effectively. Also by the company’s performance its share price will be moved accordingly. In 2030, its share price target would be ₹7215.
As per our experts team its share price would be between ₹5624 to ₹7215 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 5624 | 7215 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 6321 | 6650 |
| February | 6025 | 6125 |
| March | 5841 | 6032 |
| April | 5624 | 5841 |
| May | 5745 | 6025 |
| June | 5910 | 6354 |
| July | 6241 | 6584 |
| August | 6457 | 6784 |
| September | 6620 | 6984 |
| October | 6820 | 7060 |
| November | 6987 | 7121 |
| December | 7020 | 7215 |
To reduce carbon emissions, the Government of India supports the company’s growth with various programs. Other countries also appreciate what the company is doing. The company is no matter earning by their work but their aim is simple to create a healthy environment in the surrounding by using clean energy. In the coming year, they will increase their product capacity to fulfil the demands of the consumers. In the 2040, its share price target would be ₹15257.
By 2040, its share price would be between ₹13254 to ₹15257.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 13254 | 15257 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 13254 | 13564 |
| February | 13425 | 13745 |
| March | 13568 | 13820 |
| April | 13745 | 13952 |
| May | 13820 | 14120 |
| June | 13987 | 14232 |
| July | 14180 | 14545 |
| August | 14325 | 14654 |
| September | 14541 | 14756 |
| October | 14654 | 14987 |
| November | 14820 | 15121 |
| December | 15025 | 15257 |
If we look around our environment, we’ll notice our atmosphere is getting polluted day by day. This is a matter of worry for all and for the solution our government focusing on promoting renewable resources and this company is one of the top renewable resource product suppliers. The company earlier got big government projects and is expected to get more in the coming year. So the company will grow much in the coming year if they keep modifying and improving their products like the present time. So by 2050, its share price target will be ₹27540 as per our analysis.
By 2050, its share price will be between ₹24515 to ₹27450 as per our expert’s prediction and public sentiments.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 24515 | 27450 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 24515 | 24784 |
| February | 24620 | 24921 |
| March | 24720 | 25211 |
| April | 24920 | 25457 |
| May | 25212 | 25784 |
| June | 25521 | 25924 |
| July | 25745 | 26321 |
| August | 26121 | 26541 |
| September | 26325 | 26745 |
| October | 26452 | 26854 |
| November | 26745 | 27215 |
| December | 27025 | 27450 |
Should I buy Waaree Energies Stock?
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 1200 | 3512 |
| 2026 | 2000 | 4425 |
| 2027 | 3725 | 5125 |
| 2028 | 4425 | 5925 |
| 2029 | 5124 | 6584 |
| 2030 | 5624 | 7215 |
| 2040 | 13254 | 15257 |
| 2050 | 24515 | 27450 |
Over the last three years, Waaree Energies has had a 99.83% increase in sales, a 276.62% increase in EBITDA, and a 44.04% increase in net profit. Additionally, the company margins have grown substantially, from 3.90 per cent in fiscal 2022 to 12.40 per cent in fiscal 2023 and 13.80 per cent in fiscal 2024.
Fundamental Table for Waaree Energies
| Metric | FY 2022 | FY 2023 | FY 2024 |
| Revenue | ₹2,854.3 crore | ₹6,533.2 crore | ₹11,397.6 crore |
| EBITDA | ₹111 crore | ₹1,095.4 crore | ₹1,574.4 crore |
| Net Profit | ₹79.7 crore | ₹1,045.8 crore | ₹1,274.4 crore |
| EPS (Basic) | ₹7.6 | ₹10.5 | ₹15.9 |
| ROE | 18.7% | 25.6% | 31.2% |
| Net Worth | ₹427.13 crore | ₹3,825 crore | ₹4,074.84 crore |
Key Metrics Table
| Metric | Value |
| Price Band | ₹1,427 – ₹1,503 |
| Lot Size | Nine shares |
| Total Issue Size | ₹4,321.44 crore |
| Fresh Issue | ₹3,600 crore |
| Offer for Sale (OFS) | ₹721.44 crore |
| Grey Market Premium (GMP) | ₹1,470 |
Peers and Comparison Table
| Company | Market Cap | P/E Ratio | Revenue (FY 2024) |
| Waaree Energies | Over ₹43,179 crore | 33.9x | ₹11,397.6 crore |
| Adani Green Energy | Over ₹1,50,000 crore | 40x | ₹15,000 crore |
| Tata Power | Over ₹50,000 crore | 25x | ₹12,500 crore |
| Renew Power | Over ₹30,000 crore | 35x | ₹8,000 crore |
Is Waaree Energies Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- More people and businesses want renewable energy, which can help it grow.
- The Indian government and others are launching renewable energy projects, which create more opportunities for the company.
- The company focuses on new technology and creative solutions, which can help them stand out in a competitive market.
- The company invest much in research and development teams to invent new technology.
- As more investors seek eco-friendly options, Its commitment to renewable energy can attract more funding.
Bear Case:
- There are many companies in the renewable energy sector.
- It has much big order list and if it fails to complete its projects on time or meet customer needs, it could create problems for the company.
- The company working to make high-powered panels to provide high-powered electricity, but they need to launch it faster as this sector is very competitive.
- The company has manageable debt but it needs to improve its finances.
Conclusion
Waaree Energies is one of the strong brands known for its best-quality products. They make, sell and provide services for the solar panels. It has done many government projects in past and has pending orders too. In this article, we have discussed all the main information about this company, so if you planning to invest in its shares please read the whole article.
