Waaree Renewable Technologies Limited

Renewable energy company providing EPC services and power generation in Maharashtra.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Waaree Renewable Technologies Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.83 Cr
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 176.48 Cr
  • Revenue Growth 106.60%
  • Profit Growth 191.18%
  • Ebitda 474.27%
  • Net Worth 113.43%
  • Total Assets 92.67%

About Waaree Renewable Technologies

Waaree Renewable Technologies Limited (WRTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 June 1999 and has a history of 25 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 534618.

The Corporate was formerly known as Sangam Renewables Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 21.00 Cr and a paid-up capital of Rs 20.83 Cr.

The company currently has active open charges totaling ₹176.48 Cr.

The Key Managerial Personnel (KMP) at Waaree Renewable Technologies Limited India are Dilip Panjwani as Ceo, Heema Shah as Company Secretary, and Dilip Panjwani as Cfo. Viren Chimanlal, Hitesh Mehta, Mitul Mehta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L93000MH1999PLC120470

  • Company No.

    120470

  • Stock Symbol

    BSE : 534618

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1999

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

Who are the key members and board of directors at Waaree Renewable Technologies?

Executive Team (4)

NameDesignationAppointment DateStatus
Pujan Doshi Country flag representing In Managing Director02-Sep-2016Current
Dilip Panjwani Country flag representing In CEOCurrent
Heema Shah Country flag representing In Company SecretaryCurrent
Dilip Panjwani CFO11-Sep-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Viren Chimanlal Country flag representing In Director 22-Jul-2021Current
Hitesh Mehta Country flag representing In Director 15-Jun-2020Current
Mitul Mehta Country flag representing In Director 02-Sep-2016Current
Nilesh Gandhi Country flag representing In Director 13-Feb-2017Current
Sunil Rathi Country flag representing In Director 28-Mar-2023Current
Anita Jaiswal Country flag representing In Director 20-Jun-2019Current

Financial Performance of Waaree Renewable Technologies.

Waaree Renewable Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.6% increase. The company also saw a substantial improvement in profitability, with a 191.18% increase in profit. The company's net worth Soared by an impressive increase of 113.43%.

Waaree Renewable Technologies revenue growth over time
Waaree Renewable Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
106.60%
Revenue from Operations
122.54%
Total Assets
92.67%
Profit or Loss
191.18%
Net Worth
113.43%
EBITDA
474.27%

What is the Ownership and Shareholding Structure of Waaree Renewable Technologies?

In 2022, Waaree Renewable Technologies had a promoter holding of 74.52% and a public holding of 25.49%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹176.48 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 90.00 Cr
  • Others : 86.48 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2023Yes Bank Limited₹90.00 CrOpen
02 May 2023Others₹25.00 CrOpen
20 Jan 2022Others₹24.50 CrOpen
13 Oct 2020Others₹36.98 CrOpen

How Many Employees Work at Waaree Renewable Technologies?

Waaree Renewable Technologies has a workforce of 113 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Waaree Renewable Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waaree Renewable Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Waaree Renewable Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Waaree Renewable Technologies

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 90.00 Cr with Charge ID 100824813 was registered on 21 Nov 2023.

  • Annual General Meeting

    Waaree Renewable Technologies Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

  • Director Appointment

    Dilip Pahilajrai Panjwani was appointed as a Cfo was appointed as a Cfo on 11 Sep 2023 & has been associated with this company since 1 year 6 months .

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100727419 was registered on 02 May 2023.

  • Balance Sheet

    Waaree Renewable Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 24.50 Cr with Charge ID 100535623 was registered on 20 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Waaree Renewable Technologies Limited?

    Waaree Renewable Technologies Limited was incorporated on 22 Jun 1999.

  • What is authorized share capital and paid-up capital of Waaree Renewable Technologies Limited?

    The authorized share capital of Waaree Renewable Technologies Limited is ₹ 21.00 Cr and paid-up capital is ₹ 20.83 Cr.

  • Who are the current board members & directors of Waaree Renewable Technologies Limited?

    Currently 10 directors are associated with Waaree Renewable Technologies Limited.

    • Dilip Panjwani
    • Heema Kalpeshkumar Shah
    • Viren Doshi Chimanlal
    • Hitesh Pranjivan Mehta
    • Mitul Chandulal Mehta
    • Nilesh Bhogilal Gandhi
    • Pujan Pankaj Doshi
    • Sunil Nandkishor Rathi
    • Anita Rameshprasad Jaiswal
    • Dilip Pahilajrai Panjwani

  • What is the registered address of Waaree Renewable Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Waaree Renewable Technologies Limited is 504 Western Edge-1Off Western Express Highway, Borivali (East), Mumbai, Maharashtra, India, 400066.

  • What is the corporate identification number (CIN) and company number of Waaree Renewable Technologies Limited?

    The corporate identification number (CIN) of Waaree Renewable Technologies Limited is L93000MH1999PLC120470 and the company number is 120470 as per Ministry of Corporate Affairs (MCA).

  • Is Waaree Renewable Technologies Limited registered with any stock exchange in India?

    Yes, Waaree Renewable Technologies Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Waaree Renewable Technologies Limited?

    The Official website of Waaree Renewable Technologies Limited is https://www.waaree.com

  • What has been the recent revenue trend for Waaree Renewable Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Waaree Renewable Technologies Limited has risen by 106.60%.

  • How many employees does Waaree Renewable Technologies Limited currently have?

    As Per 2023 financial reports, 113 employees are currently employed by Waaree Renewable Technologies Limited.

  • What change has been observed in the net worth of Waaree Renewable Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Waaree Renewable Technologies Limited has experienced an upsurge of 113.43%.

  • What are the total open charges for Waaree Renewable Technologies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Waaree Renewable Technologies Limited amount to ₹ 176.48 Cr.

  • When was the last Balance Sheet of Waaree Renewable Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Waaree Renewable Technologies Limited was filed with the ROC on 31 Mar 2023.

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