Waaree Energies Limited
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
Waaree Energies Limited (WAAREEENER) - Total Assets
Latest total assets as of September 2025: ₹246.25 Billion INR
Based on the latest financial reports, Waaree Energies Limited (WAAREEENER) holds total assets worth ₹246.25 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Waaree Energies Limited - Total Assets Trend (2017–2025)
This chart illustrates how Waaree Energies Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Waaree Energies Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Waaree Energies Limited's total assets of ₹246.25 Billion consist of 66.6% current assets and 33.4% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 39.2% |
| Accounts Receivable | ₹11.96 Billion | 6.1% |
| Inventory | ₹26.92 Billion | 13.6% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹43.10 Million | 0.0% |
| Goodwill | ₹63.40 Million | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how Waaree Energies Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Waaree Energies Limited's current assets represent 66.6% of total assets in 2025, an increase from 31.8% in 2017.
- Cash Position: Cash and equivalents constituted 39.2% of total assets in 2025, up from 2.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 50.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 13.6% of total assets.
Waaree Energies Limited Competitors by Total Assets
Key competitors of Waaree Energies Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenzhen Topraysolar Co Ltd
SHE:002218
|
China | CN¥6.66 Billion |
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
GCL System Integration Technology Co Ltd
SHE:002506
|
China | CN¥19.27 Billion |
|
Changzhou Almaden Co Ltd
SHE:002623
|
China | CN¥5.75 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
China | CN¥18.01 Billion |
|
Hanwha Solutions
KO:009830
|
Korea | ₩32.26 Trillion |
|
Hanwha Chemical Corp Pref
KO:009835
|
Korea | ₩32.26 Trillion |
|
Trive Property Group Bhd
KLSE:0118
|
Malaysia | RM126.77 Million |
Waaree Energies Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Waaree Energies Limited generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Waaree Energies Limited generates $9.46 in net profit.
Waaree Energies Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.41 | 1.11 | 1.17 |
| Quick Ratio | 0.98 | 0.80 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹44.62 Billion | ₹ 8.96 Billion | ₹ 8.61 Billion |
Waaree Energies Limited - Advanced Valuation Insights
This section examines the relationship between Waaree Energies Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.72 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 74.5% |
| Total Assets | ₹197.47 Billion |
| Market Capitalization | $2.56 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Waaree Energies Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Waaree Energies Limited's assets grew by 74.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Waaree Energies Limited (2017–2025)
The table below shows the annual total assets of Waaree Energies Limited from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹197.47 Billion | +74.54% |
| 2024-03-31 | ₹113.14 Billion | +52.48% |
| 2023-03-31 | ₹74.20 Billion | +231.63% |
| 2022-03-31 | ₹22.37 Billion | +73.02% |
| 2021-03-31 | ₹12.93 Billion | +37.83% |
| 2020-03-31 | ₹9.38 Billion | +19.28% |
| 2019-03-31 | ₹7.87 Billion | -27.15% |
| 2018-03-31 | ₹10.80 Billion | -1.17% |
| 2017-03-31 | ₹10.92 Billion | -- |