Waaree Energies Limited (WAAREEENER) - Total Assets
Based on the latest financial reports, Waaree Energies Limited (WAAREEENER) holds total assets worth Rs301.15 Billion INR (≈ $3.26 Billion USD) as of March 2026. 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. Check WAAREEENER cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Waaree Energies Limited - Total Assets Trend (2017–2026)
This chart illustrates how Waaree Energies Limited's total assets have evolved over time, based on quarterly financial data. Check WAAREEENER cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Waaree Energies Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
Waaree Energies Limited's total assets of Rs301.15 Billion consist of 58.4% current assets and 41.6% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 22.3% |
| Accounts Receivable | Rs24.92 Billion | 8.3% |
| Inventory | Rs58.56 Billion | 19.4% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs228.30 Million | 0.1% |
| Goodwill | Rs264.50 Million | 0.1% |
Asset Composition Trend (2017–2026)
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 58.4% of total assets in 2026, an increase from 31.8% in 2017.
- Cash Position: Cash and equivalents constituted 22.3% of total assets in 2026, 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 19.4% 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 |
|---|---|---|
|
Xinyi Solar Holdings Ltd
F:13X
|
Germany | €56.92 Billion |
|
Risen Energy
SHE:300118
|
China | CN¥28.78 Billion |
|
Pekat Group Bhd
KLSE:0233
|
Malaysia | RM493.14 Million |
|
Ennogie Solar Group A/S
CO:ESG
|
Denmark | Dkr76.67 Million |
|
Glass To Power SpA
PA:MLGLB
|
France | €1.85 Million |
|
HODL SPAC EUROPE AB
F:NW1
|
Germany | €37.92 Million |
|
Clearvue Technologies Ltd
AU:CPV
|
Australia | AU$12.51 Million |
|
Mpower Group Ltd
AU:MPR
|
Australia | AU$14.99 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 | 1.38 | 1.50 | 1.17 |
| Quick Ratio | 0.92 | 1.19 | 0.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs48.69 Billion | Rs43.71 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 | 6.01 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 52.5% |
| Total Assets | Rs301.15 Billion |
| Market Capitalization | $9.54 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Waaree Energies Limited's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Waaree Energies Limited's assets grew by 52.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Waaree Energies Limited (2017–2026)
The table below shows the annual total assets of Waaree Energies Limited from 2017 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs301.15 Billion ≈ $3.26 Billion |
+52.50% |
| 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