Waaree Energies Limited (WAAREEENER) - Total Assets
Based on the latest financial reports, Waaree Energies Limited (WAAREEENER) holds total assets worth Rs246.25 Billion INR (≈ $2.66 Billion USD) 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. See net assets of Waaree Energies Limited for net asset value and shareholders' equity analysis.
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.
Waaree Energies Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Waaree Energies Limited's total assets of Rs246.25 Billion consist of 66.6% current assets and 33.4% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 39.2% |
| Accounts Receivable | Rs11.96 Billion | 6.1% |
| Inventory | Rs26.92 Billion | 13.6% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs43.10 Million | 0.0% |
| Goodwill | Rs63.40 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. For live market cap, price, and company overview, see Waaree Energies Limited stock valuation.
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 |
|---|---|---|
|
JA Solar Technology Co Ltd
SHE:002459
|
China | CN¥105.38 Billion |
|
Premier Energies Limited
NSE:PREMIERENE
|
India | Rs77.34 Billion |
|
Hyundai Energy Solutions Co Ltd
KO:322000
|
Korea | ₩499.77 Billion |
|
Lingda Group Co Ltd
SHE:300125
|
China | CN¥916.87 Million |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
Turkey | TL11.80 Billion |
|
7C Solarparken AG
XETRA:HRPK
|
Germany | €528.32 Million |
|
Profithol S.A.
MC:SPH
|
Spain | €19.80 Million |
|
Glass To Power SpA
PA:MLGLB
|
France | €1.85 Million |
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 | Rs44.62 Billion | Rs8.96 Billion | Rs8.61 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 | 0.05 |
| Asset Growth Rate (YoY) | 74.5% |
| Total Assets | Rs197.47 Billion |
| Market Capitalization | $9.70 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Waaree Energies Limited's assets below their book value (0.05x), 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 | Rs197.47 Billion ≈ $2.14 Billion |
+74.54% |
| 2024-03-31 | Rs113.14 Billion ≈ $1.22 Billion |
+52.48% |
| 2023-03-31 | Rs74.20 Billion ≈ $802.44 Million |
+231.63% |
| 2022-03-31 | Rs22.37 Billion ≈ $241.97 Million |
+73.02% |
| 2021-03-31 | Rs12.93 Billion ≈ $139.85 Million |
+37.83% |
| 2020-03-31 | Rs9.38 Billion ≈ $101.47 Million |
+19.28% |
| 2019-03-31 | Rs7.87 Billion ≈ $85.07 Million |
-27.15% |
| 2018-03-31 | Rs10.80 Billion ≈ $116.76 Million |
-1.17% |
| 2017-03-31 | Rs10.92 Billion ≈ $118.14 Million |
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About 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