Waaree Energies Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 263.33 Cr
as on 16-11-2024
- Company Age 34 Year, 1 Day
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7,305.65 Cr
as on 16-11-2024
- Satisfied Charges ₹ 1,560.40 Cr
as on 16-11-2024
- Revenue 132.41%
(FY 2023)
- Profit 549.44%
(FY 2023)
- Ebitda 816.46%
(FY 2023)
- Net Worth 360.32%
(FY 2023)
- Total Assets 258.68%
(FY 2023)
About Waaree Energies
The Corporate was formerly known as Waaree Energies Private 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 2024. It's a company limited by shares with an authorized capital of Rs 500.00 Cr and a paid-up capital of Rs 263.33 Cr.
The company currently has active open charges totaling ₹7,305.65 Cr. The company has closed loans amounting to ₹1,560.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Waaree Energies Limited India are Amit Paithankar as Ceo, Rajesh Gaur as Company Secretary, and Sonal Shrivastava as Cfo. Rajender Malla, Richa Goyal, Jayesh Shah, and Five other members serve as directors at the Company.
- CIN/LLPIN
U29248MH1990PLC059463
- Company No.
059463
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Dec 1990
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Waaree Energies Limited offer?
Waaree Energies Limited offers a wide range of products and services, including Batteries & Charge Storage Devices, Lithium Battery, Solar & Renewable Energy Products, Solar Panels, Electric Vehicle Battery, Solar Batteries, Solar Module, Inverters, Power Inverter, Mobile Battery.
Who are the key members and board of directors at Waaree Energies?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Doshi  | Managing Director | 16-Feb-2007 | Current |
| Amit Paithankar | CEO | 30-Mar-2024 | Current |
| Rajesh Gaur | Company Secretary | 19-May-2023 | Current |
| Sonal Shrivastava | CFO | 28-Sep-2024 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viren Chimanlal | Whole-Time Director | 26-Nov-2007 | Current |
| Hitesh Mehta | Whole-Time Director | 01-Apr-2011 | Current |
| Jayesh Shah | Director | 26-Mar-2015 | Current |
| Rajender Malla | Director | 16-Jan-2019 | Current |
| Richa Goyal | Director | 30-Aug-2021 | Current |
| Sujit Varma | Director | 25-Feb-2021 | Current |
Financial Performance and Corporate Structure Insights of Waaree Energies.
Waaree Energies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 132.41% increase. The company also saw a substantial improvement in profitability, with a 549.44% increase in profit. The company's net worth Soared by an impressive increase of 360.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Waaree Energies?
In 2023, Waaree Energies had a promoter holding of 33.98% and a public holding of 66.02%. The company had 13 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 08 Apr 2024 | ₹1,500.00 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 22 Mar 2024 | ₹418.13 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 31 Jul 2023 | ₹2,484.00 Cr | Open |
How Many Employees Work at Waaree Energies?
Waaree Energies has a workforce of 1125 employees as of Sep 17, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Waaree Energies, 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 Energies's trajectory.
Rating
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
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.
