Waaree Renewable Technologies Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 20.83 Cr
- Company Age 25 Year, 8 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 eight 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
Who are the key members and board of directors at Waaree Renewable Technologies?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pujan Doshi  | Managing Director | 02-Sep-2016 | Current |
| Dilip Panjwani | CEO | Current | |
| Heema Shah | Company Secretary | Current | |
| Dilip Panjwani | CFO | 11-Sep-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viren Chimanlal | Director | 22-Jul-2021 | Current |
| Hitesh Mehta | Director | 15-Jun-2020 | Current |
| Mitul Mehta | Director | 02-Sep-2016 | Current |
| Nilesh Gandhi | Director | 13-Feb-2017 | Current |
| Sunil Rathi | Director | 28-Mar-2023 | Current |
| Anita Jaiswal | Director | 20-Jun-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Riverside Industries LimitedAnita Jaiswal is a mutual person
Itec Measures Private LimitedMitul Mehta and Pujan Doshi are mutual person
Waaree Pv Power LlpViren Chimanlal and Pujan Doshi are mutual person
- Waaree Surya Power Llp
Viren Chimanlal is a mutual person
- Waaree Solar Thermal Llp
Viren Chimanlal is a mutual person
- Waaree Energies Limited
Viren Chimanlal and Hitesh Mehta are mutual person
Charges (Loans)
₹176.48 Cr
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 90.00 Cr
- Others : 86.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Nov 2023 | Yes Bank Limited | ₹90.00 Cr | Open |
| 02 May 2023 | Others | ₹25.00 Cr | Open |
| 20 Jan 2022 | Others | ₹24.50 Cr | Open |
| 13 Oct 2020 | Others | ₹36.98 Cr | Open |
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.
Deals i
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
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.
