Waaree Energies Limited

NSE:WAAREEENER India Solar
Market Cap
$9.58 Billion
₹829.30 Billion INR
Market Cap Rank
#4317 Global
#142 in India
Share Price
₹2883.10
Change (1 day)
+3.31%
52-Week Range
₹2092.15 - ₹3739.80
All Time High
₹3739.80
About

Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid invert… Read more

Market Cap & Net Worth: Waaree Energies Limited (WAAREEENER)

Waaree Energies Limited (NSE:WAAREEENER) has a market capitalization of $9.58 Billion (₹829.30 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #4317 globally and #142 in its home market, demonstrating a 10.93% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Waaree Energies Limited's stock price ₹2883.10 by its total outstanding shares 287640905 (287.64 Million).

Waaree Energies Limited Market Cap History: 2024 to 2026

Waaree Energies Limited's market capitalization history from 2024 to 2026. Data shows growth from $9.48 Billion to $9.58 Billion (0.00% CAGR).

Waaree Energies Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Waaree Energies Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.07x

Waaree Energies Limited's market cap is 0.07 times its annual revenue

Industry average:
0.20x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.53x

Waaree Energies Limited's market cap is 0.53 times its annual earnings

Industry average:
6.04x
Lower than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2024 $9.48 Billion $113.71 Billion $12.37 Billion 0.08x 0.77x
2025 $9.86 Billion $144.44 Billion $18.67 Billion 0.07x 0.53x

Competitor Companies of WAAREEENER by Market Capitalization

Companies near Waaree Energies Limited in the global market cap rankings as of March 18, 2026.

Key companies related to Waaree Energies Limited by market ranking:

  • First Solar Inc (NASDAQ:FSLR): Ranked #957 globally with a market cap of $20.32 Billion USD.
  • Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1122 globally with a market cap of $17.18 Billion USD.
  • Tongwei Co Ltd (SHG:600438): Ranked #2454 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
  • Enphase Energy Inc (NASDAQ:ENPH): Ranked #2639 globally with a market cap of $5.36 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#957 First Solar Inc NASDAQ:FSLR $20.32 Billion $200.42
#1122 Nextracker Inc. Class A Common Stock NASDAQ:NXT $17.18 Billion $121.84
#2454 Tongwei Co Ltd SHG:600438 $5.96 Billion CN¥19.32
#2639 Enphase Energy Inc NASDAQ:ENPH $5.36 Billion $44.70

Waaree Energies Limited Historical Marketcap From 2024 to 2026

Between 2024 and today, Waaree Energies Limited's market cap moved from $9.48 Billion to $ 9.58 Billion, with a yearly change of 0.00%.

Year Market Cap Change (%)
2026 ₹9.58 Billion -2.86%
2025 ₹9.86 Billion +3.98%
2024 ₹9.48 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Waaree Energies Limited was reported to be:

Source Market Cap
Yahoo Finance $9.58 Billion USD
MoneyControl $9.58 Billion USD
MarketWatch $9.58 Billion USD
marketcap.company $9.58 Billion USD
Reuters $9.58 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.