Indian Company Master Data Made Simple
Waaree Renewable Technologies Limited
Since its incorporation in 1999, Waaree Renewable Technologies Limited has accumulated more than 2 decades of experience. Corporate Identification Number is L93000MH1999PLC120470 and its registration number is 120470. The firm is categorized as company limited by shares. Waaree Renewable Technologies Limited’s authorized capital amounts to ₹21.31 crore. It has a paid-up capital totaling ₹20.87 crore.
The main line of business is other service activities. The firm’s place of registration is Mumbai. The registered address is listed as 504, Western Edge-1,off Western Express Highway Borivali (east), Mumbai City, Mumbai, Maharashtra, India, 400066. It is officially listed as an active business entity. The firm is identified under PAN AADCS1824J. According to the LEI registry, the company’s code is 984500A7F577DA38BF35. The firm’s registered email for correspondence is info@waareertl.com. Key executives of the company are: Manmohan Sharma (CFO) and Manmohan Sharma (CFO).
Company Overview
- CIN
- Date of Incorporation
- 22/06/1999
- Company Status
- Active
- RoC
- Mumbai
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹21,31,00,000.00
- Paid up Capital
- ₹20,86,91,584.00
- Activity
- Other Service Activities
- info@waareertl.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Andhra Pradesh | 37AADCS1824J1ZB | Active |
| Chhattisgarh | 22AADCS1824J1ZM | Active |
| Gujarat | 24AADCS1824J1ZI | Active |
| Karnataka | 29AADCS1824J1Z8 | Active |
| Maharashtra | 27AADCS1824J3ZA | Active |
| 27AADCS1824J2ZB | Active | |
| 27AADCS1824J1ZC | Inactive | |
| Madhya Pradesh | 23AADCS1824J1ZK | Active |
| Puducherry | 34AADCS1824J1ZH | Active |
| Rajasthan | 08AADCS1824J1ZC | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| INE299N01021 | WAAREE RENEWABLE TECHNOLOGIES LIMITED EQ NEW FV RS 2/- | - | 12/10/2026 | WAAREE RENEWA/SH VTG | ESVUFN |
| IN8299N01020 | WAAREE RENEWABLE TECHNOLOGIES LIMITED EQ NEW FV RS.2/- LISTING/TRDG APRVL AWAITED | - | 12/10/2026 | WAAREE RENEWA/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Net PPE | ₹44,948.72L | ₹25,180.88L | ₹15,730.22L | ₹15,194.69L |
| Net Debt | ₹985.37L | ₹57.84L | ₹3,088.78L | ₹3,572.62L |
| Goodwill | ₹1.20L | ₹1.20L | ₹1.20L | ₹1.20L |
| Gross PPE | ₹47,773.12L | ₹26,906.73L | ₹16,851.86L | ₹15,915.04L |
| Inventory | ₹11,676.42L | ₹645.08L | ₹2,916.73L | ₹3,651.92L |
| Total Debt | ₹14,565.86L | ₹2,737.25L | ₹4,048.00L | ₹3,898.33L |
| Common Stock | ₹2,086.92L | ₹2,084.93L | ₹2,082.99L | ₹2,081.48L |
| Current Debt | ₹6,319.00L | ₹319.00L | ₹1,310.75L | ₹850.33L |
| Share Issued | ₹1,043.46L | ₹1,042.47L | ₹1,041.49L | ₹1,040.74L |
| Total Assets | ₹2,37,379.36L | ₹1,12,012.33L | ₹71,431.53L | ₹28,267.73L |
| Capital Stock | ₹2,086.92L | ₹2,084.93L | ₹2,082.99L | ₹2,081.48L |
| Long Term Debt | ₹1,847.91L | ₹2,418.25L | ₹2,737.25L | ₹3,048.00L |
| Current Assets | ₹1,78,963.01L | ₹81,150.77L | ₹55,033.50L | ₹12,755.38L |
| Prepaid Assets | ₹11,293.40L | ₹5,289.54L | ₹1,673.44L | ₹1,244.89L |
| Working Capital | ₹46,076.15L | ₹19,856.66L | ₹13,110.70L | -₹2,392.91L |
| Invested Capital | ₹1,01,601.89L | ₹48,278.81L | ₹28,701.18L | ₹12,412.37L |
| Other Properties | ₹26,935.89L | ₹496.22L | ₹516.66L | ₹2.70L |
| Retained Earnings | ₹90,076.18L | ₹42,278.33L | ₹21,440.95L | ₹918.00L |
| Common Stock Equity | ₹93,434.98L | ₹45,541.56L | ₹24,653.18L | ₹8,514.04L |
| Net Tangible Assets | ₹93,154.14L | ₹45,257.17L | ₹24,356.22L | ₹8,204.41L |
| Tangible Book Value | ₹93,154.14L | ₹45,257.17L | ₹24,356.22L | ₹8,204.41L |
| Current Liabilities | ₹1,32,886.86L | ₹61,294.11L | ₹41,922.80L | ₹15,148.29L |
| Long Term Provisions | ₹477.72L | ₹131.52L | ₹61.74L | ₹31.05L |
| Stockholders Equity | ₹93,434.98L | ₹45,541.56L | ₹24,653.18L | ₹8,514.04L |
| Other Equity Interest | ₹137.14L | ₹152.75L | ₹164.41L | ₹83.89L |
| Total Capitalization | ₹95,282.89L | ₹47,959.81L | ₹27,390.43L | ₹11,562.04L |
| Hedging Assets Current | ₹103.78L | ₹0.00L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹1,043.46L | ₹1,042.47L | ₹1,041.49L | ₹1,040.74L |
| Other Intangible Assets | ₹279.64L | ₹283.19L | ₹295.76L | ₹308.43L |
| Other Non Current Assets | -₹0.02L | ₹0.03L | -₹0.01L | ₹55.65L |
| Total Non Current Assets | ₹58,416.35L | ₹30,861.56L | ₹16,398.03L | ₹15,512.35L |
| Cash And Cash Equivalents | ₹7,181.54L | ₹2,679.41L | ₹959.22L | ₹325.71L |
| Construction In Progress | ₹18,012.82L | ₹5,667.97L | ₹337.14L | ₹8,061.13L |
| Accumulated Depreciation | -₹2,824.40L | -₹1,725.85L | -₹1,121.64L | -₹720.35L |
| Additional Paid In Capital | ₹1,107.32L | ₹1,025.55L | ₹964.83L | ₹5,430.67L |
| Other Short Term Investments | ₹6,382.25L | ₹11,337.79L | ₹900.46L | ₹1,405.09L |
| Machinery Furniture Equipment | ₹20,165.20L | ₹19,723.13L | ₹14,978.65L | ₹6,673.48L |
| Goodwill And Other Intangible Assets | ₹280.84L | ₹284.39L | ₹296.96L | ₹309.63L |
| Total Equity Gross Minority Interest | ₹93,382.52L | ₹45,495.07L | ₹24,630.31L | ₹8,500.03L |
| Total Liabilities Net Minority Interest | ₹1,43,996.84L | ₹66,517.26L | ₹46,801.22L | ₹19,767.70L |
| Current Debt And Capital Lease Obligation | ₹6,778.55L | ₹319.00L | ₹1,310.75L | ₹850.33L |
| Long Term Debt And Capital Lease Obligation | ₹7,787.31L | ₹2,418.25L | ₹2,737.25L | ₹3,048.00L |
| Cash Cash Equivalents And Short Term Investments | ₹13,563.79L | ₹14,017.20L | ₹1,859.68L | ₹325.71L |
| Total Non Current Liabilities Net Minority Interest | ₹11,109.98L | ₹5,223.15L | ₹4,878.42L | ₹4,619.41L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | ₹16,445.41L | ₹20,128.39L | ₹11,713.27L | -₹1,814.32L | ₹0.00L |
| Changes In Cash | ₹4,502.13L | ₹1,720.19L | ₹633.51L | -₹1,001.23L | ₹0.00L |
| End Cash Position | ₹7,181.54L | ₹2,679.41L | ₹959.22L | ₹325.71L | ₹0.00L |
| Financing Cash Flow | ₹2,254.99L | -₹4,856.89L | -₹718.36L | -₹919.75L | ₹0.00L |
| Investing Cash Flow | -₹26,448.16L | -₹23,692.64L | -₹11,439.23L | -₹6,596.28L | ₹0.00L |
| Operating Cash Flow | ₹28,695.30L | ₹30,269.72L | ₹12,791.10L | ₹6,514.80L | ₹0.00L |
| Capital Expenditure | -₹12,249.89L | -₹10,141.33L | -₹1,077.83L | -₹8,329.12L | ₹0.00L |
| Beginning Cash Position | ₹2,679.41L | ₹959.22L | ₹325.71L | ₹1,326.94L | ₹0.00L |
| Issuance Of Capital Stock | ₹22.12L | ₹21.86L | ₹16.82L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| EBIT | ₹64,399.75L | ₹30,589.99L | ₹20,409.88L | ₹8,219.66L |
| EBITDA | ₹65,262.14L | ₹31,227.22L | ₹21,021.48L | ₹8,515.09L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹47,869.54L | ₹22,916.09L | ₹14,530.71L | ₹5,542.30L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹71,297.38L | ₹35,368.14L | ₹23,065.59L | ₹9,762.39L |
| Pretax Income | ₹63,961.02L | ₹30,047.56L | ₹19,845.41L | ₹7,701.42L |
| Tax Provision | ₹16,097.43L | ₹7,155.09L | ₹5,323.56L | ₹2,168.15L |
| Total Revenue | ₹3,33,043.75L | ₹1,59,762.51L | ₹87,640.00L | ₹35,080.98L |
| Cost Of Revenue | ₹2,61,746.37L | ₹1,24,394.37L | ₹64,574.41L | ₹25,318.59L |
| Total Expenses | ₹2,69,754.21L | ₹1,29,309.46L | ₹67,515.47L | ₹26,969.76L |
| Interest Income | ₹1,616.63L | ₹1,154.11L | ₹319.82L | ₹109.83L |
| Interest Expense | ₹438.73L | ₹542.43L | ₹564.47L | ₹518.24L |
| Operating Income | ₹63,289.54L | ₹30,453.05L | ₹20,124.53L | ₹8,111.22L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹64,836.69L | ₹31,315.42L | ₹21,015.77L | ₹8,511.26L |
| Normalized Income | ₹47,551.17L | ₹22,983.29L | ₹14,526.53L | ₹5,539.55L |
| Operating Expense | ₹8,007.84L | ₹4,915.09L | ₹2,941.06L | ₹1,651.17L |
| Operating Revenue | ₹3,33,043.75L | ₹1,59,762.51L | ₹87,640.00L | ₹35,080.98L |
| Net Interest Income | ₹287.80L | -₹329.71L | -₹356.78L | -₹420.40L |
| Total Unusual Items | ₹425.45L | -₹88.20L | ₹5.71L | ₹3.83L |
| Basic Average Shares | ₹1,042.71L | ₹1,041.86L | ₹1,041.49L | ₹1,040.74L |
| Diluted Average Shares | ₹1,043.83L | ₹1,044.25L | ₹1,042.38L | ₹1,044.40L |
| Total Other Finance Cost | ₹890.10L | ₹941.39L | ₹112.13L | ₹11.99L |
| Other Operating Expenses | ₹879.74L | ₹814.51L | ₹292.20L | ₹195.06L |
| Reconciled Depreciation | ₹862.39L | ₹637.23L | ₹611.60L | ₹295.43L |
| Reconciled Cost Of Revenue | ₹2,61,746.37L | ₹1,24,394.37L | ₹64,574.41L | ₹25,318.59L |
| Rent Expense Supplemental | ₹410.21L | ₹88.87L | ₹27.12L | ₹14.06L |
| Tax Effect Of Unusual Items | ₹107.08L | -₹21.00L | ₹1.53L | ₹1.08L |
| Interest Income Non Operating | ₹1,616.63L | ₹1,154.11L | ₹319.82L | ₹109.83L |
| Selling And Marketing Expense | ₹164.53L | ₹45.57L | ₹48.63L | ₹57.01L |
| Interest Expense Non Operating | ₹438.73L | ₹542.43L | ₹564.47L | ₹518.24L |
| Net Income Common Stockholders | ₹47,869.54L | ₹22,916.09L | ₹14,530.71L | ₹5,542.30L |
| Net Income Continuous Operations | ₹47,863.59L | ₹22,892.47L | ₹14,521.85L | ₹5,533.27L |
| Diluted NIAvailto Com Stockholders | ₹47,869.54L | ₹22,916.09L | ₹14,530.71L | ₹5,542.30L |
| General And Administrative Expense | ₹870.09L | ₹364.59L | ₹233.43L | ₹117.67L |
| Selling General And Administration | ₹1,034.62L | ₹410.16L | ₹282.06L | ₹174.68L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹425.45L | -₹88.20L | ₹5.71L | ₹3.83L |
| Net Non Operating Interest Income Expense | ₹287.80L | -₹329.71L | -₹356.78L | -₹420.40L |
| Net Income Including Noncontrolling Interests | ₹47,863.59L | ₹22,892.47L | ₹14,521.85L | ₹5,533.27L |
| Net Income From Continuing And Discontinued Operation | ₹47,869.54L | ₹22,916.09L | ₹14,530.71L | ₹5,542.30L |
| Net Income From Continuing Operation Net Minority Interest | ₹47,869.54L | ₹22,916.09L | ₹14,530.71L | ₹5,542.30L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 02/09/2016 | Pujan Pankaj Doshi | 07063863 | Managing Director | View other directorships |
| 13/02/2017 | Nilesh Bhogilal Gandhi | 03570656 | Director | View other directorships |
| 15/06/2020 | Hitesh Pranjivan Mehta | 00207506 | Whole-time director | View other directorships |
| 10/05/2021 | Heema Shah | *****5480E | Company Secretary | |
| 22/07/2021 | Viren Doshi Chimanlal | 00207121 | Whole-time director | View other directorships |
| 28/03/2023 | Sunil Nandkishor Rathi | 08036090 | Whole-time director | View other directorships |
| 20/06/2024 | Ambika Sharma | 08201798 | Director | View other directorships |
| 27/09/2024 | Sunil Jain | 02967042 | Director | View other directorships |
| 16/04/2025 | Sudhir Arya | 05135780 | Director | View other directorships |
| 16/04/2025 | Manmohan Sharma | *****1062F | CFO |
Business Network
Directors 10
- Pujan Pankaj DoshiManaging Director
- Sunil Nandkishor RathiWhole-time director
- Viren Doshi ChimanlalWhole-time director
- Hitesh Pranjivan MehtaWhole-time director
- Sudhir AryaDirector
- Sunil JainDirector
- Ambika SharmaDirector
- Nilesh Bhogilal GandhiDirector
- Manmohan SharmaCFO
- Heema ShahCompany Secretary
Latest Documents
| Date | Title | Size |
|---|---|---|
| 13/11/2024 | Form MGT-7-13112024 | - |
| 21/10/2024 | Form Addendum to AOC-4 CSR-21102024 | - |
| 16/10/2024 | Form AOC-4(XBRL)-15102024 | - |
| 21/02/2024 | Form Addendum to AOC-4 CSR-21022024_signed | - |
Charges
| SRN | Date | Amount | Holder |
|---|---|---|---|
| AC0442650 | 19/12/2025 | ₹1,80,00,00,000.00 | The Hongkong And Shanghai Banking Corporation Limited |
| AB9568854 | 10/11/2025 | ₹1,50,00,00,000.00 | Axis Bank Limited |
| AB4371385 | 20/05/2025 | ₹6,50,00,000.00 | Icici Bank Limited |
| AB4371235 | 19/05/2025 | ₹50,00,000.00 | Icici Bank Limited |
| AB9150526 | 19/12/2024 | ₹5,00,00,00,000.00 | Idfc First Bank Limited |
| AB9145806 | 08/10/2024 | ₹1,00,00,00,000.00 | Indusind Bank Ltd. |
| AB0521949 | 23/08/2024 | ₹3,60,00,00,000.00 | Rbl Limited |
| AA9292203 | 03/07/2024 | ₹1,50,00,00,000.00 | The Hongkong And Shanghai Banking Corporation Limited |
| AB4500674 | 26/02/2024 | ₹2,00,00,00,000.00 | Hdfc Bank Limited |
| AA7553827 | 13/02/2024 | ₹4,00,00,00,000.00 | Icici Bank Limited |
| AC0904275 | 21/11/2023 | ₹3,00,00,00,000.00 | Yes Bank Limited |
| AB3502476 | 02/05/2023 | ₹1,50,00,00,000.00 | The Federal Bank Ltd |
| AA9235881 | 20/01/2022 | ₹1,65,00,00,000.00 | The Hongkong And Shanghai Banking Corporation Limited |
| R77140556 | 13/10/2020 | ₹36,98,00,000.00 | Indian Renewable Energy Development Agency Limited |
| T75357053 | 13/10/2020 | ₹36,98,00,000.00 | Indian Renewable Energy Development Agency Limited |
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Address
Frequently Asked Questions
The current board member of Waaree Renewable Technologies Limited are:
- Nilesh Bhogilal Gandhi
- Hitesh Pranjivan Mehta
- Pujan Pankaj Doshi
- Viren Doshi Chimanlal
- Heema Shah
- Sunil Nandkishor Rathi
- Sudhir Arya
- Manmohan Sharma
- Sunil Jain
- Ambika Sharma