Waaree Renewable Technologies Past Earnings Performance
Past criteria checks 6/6
Waaree Renewable Technologies has been growing earnings at an average annual rate of 85.7%, while the Construction industry saw earnings growing at 19.2% annually. Revenues have been growing at an average rate of 72.8% per year. Waaree Renewable Technologies's return on equity is 94.3%, and it has net margins of 16%.
Key information
85.7%
Earnings growth rate
86.0%
EPS growth rate
| Construction Industry Growth | 19.0% |
| Revenue growth rate | 72.8% |
| Return on equity | 94.3% |
| Net Margin | 16.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Waaree Renewable Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 6,647 | 1,062 | 156 | 0 |
| 30 Sep 23 | 4,144 | 668 | 136 | 0 |
| 30 Jun 23 | 3,849 | 566 | 110 | 0 |
| 31 Mar 23 | 3,510 | 554 | 105 | 0 |
| 31 Dec 22 | 3,661 | 499 | 89 | 0 |
| 30 Sep 22 | 3,376 | 247 | 79 | 0 |
| 30 Jun 22 | 2,283 | 210 | 67 | 0 |
| 31 Mar 22 | 1,615 | 86 | 57 | 0 |
| 31 Dec 21 | 932 | 20 | 44 | 0 |
| 30 Sep 21 | 506 | 13 | 26 | 0 |
| 30 Jun 21 | 403 | -41 | 14 | 0 |
| 31 Mar 21 | 130 | -37 | 7 | 0 |
| 31 Dec 20 | 54 | -44 | 10 | 0 |
| 30 Sep 20 | 44 | -41 | 13 | 0 |
| 30 Jun 20 | 47 | -38 | 10 | 0 |
| 31 Mar 20 | 57 | -32 | 14 | 0 |
| 31 Mar 19 | 70 | -19 | 20 | 0 |
| 31 Mar 18 | 13 | 1 | 11 | 0 |
| 31 Dec 17 | 12 | 3 | 6 | 0 |
| 30 Sep 17 | 8 | 2 | 4 | 0 |
| 30 Jun 17 | 6 | 2 | 3 | 0 |
| 31 Mar 17 | 3 | 0 | 2 | 0 |
| 31 Dec 16 | 6 | 2 | 2 | 0 |
| 30 Sep 16 | 8 | 3 | 2 | 0 |
| 30 Jun 16 | 5 | 1 | 4 | 0 |
| 31 Mar 16 | 5 | 1 | 2 | 0 |
| 31 Dec 15 | 2 | -1 | 3 | 0 |
| 30 Sep 15 | 1 | -2 | 3 | 0 |
| 30 Jun 15 | 4 | 1 | 2 | 0 |
| 31 Mar 15 | 3 | 1 | 1 | 0 |
| 31 Dec 14 | 3 | 1 | 2 | 0 |
| 30 Sep 14 | 4 | 1 | 2 | 0 |
| 30 Jun 14 | 4 | 1 | 2 | 0 |
| 31 Mar 14 | 5 | 1 | 3 | 0 |
| 30 Sep 13 | 4 | 0 | 3 | 0 |
| 30 Jun 13 | 5 | 1 | 3 | 0 |
Quality Earnings: 534618 has high quality earnings.
Growing Profit Margin: 534618's current net profit margins (16%) are higher than last year (13.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 534618 has become profitable over the past 5 years, growing earnings by 85.7% per year.
Accelerating Growth: 534618's earnings growth over the past year (112.8%) exceeds its 5-year average (85.7% per year).
Earnings vs Industry: 534618 earnings growth over the past year (112.8%) exceeded the Construction industry 47.7%.
Return on Equity
High ROE: 534618's Return on Equity (94.3%) is considered outstanding.