Waaree Energies Management
Management criteria checks 3/4
Waaree Energies' CEO is Amit Paithankar, appointed in Mar 2024, has a tenure of 1.58 years. total yearly compensation is ₹381.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth ₹1.09M. The average tenure of the management team and the board of directors is 1.7 years and 5.5 years respectively.
Key information
Amit Paithankar
Chief executive officer
₹381.0k
Total compensation
| CEO salary percentage | 100.00% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.0001% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Does Waaree Energies (NSE:WAAREEENER) Have A Healthy Balance Sheet?
Aug 31
These 4 Measures Indicate That Waaree Energies (NSE:WAAREEENER) Is Using Debt Reasonably Well
Jun 02Why Investors Shouldn't Be Surprised By Waaree Energies Limited's (NSE:WAAREEENER) 25% Share Price Surge
May 06Growth Investors: Industry Analysts Just Upgraded Their Waaree Energies Limited (NSE:WAAREEENER) Revenue Forecasts By 11%
May 02Waaree Energies' (NSE:WAAREEENER) Solid Profits Have Weak Fundamentals
Apr 30Earnings Update: Waaree Energies Limited (NSE:WAAREEENER) Just Reported And Analysts Are Boosting Their Estimates
Apr 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | ₹22b |
| Mar 31 2025 | ₹381k | ₹381k | ₹19b |
| Dec 31 2024 | n/a | n/a | ₹17b |
| Sep 30 2024 | n/a | n/a | ₹13b |
| Jun 30 2024 | n/a | n/a | ₹13b |
| Mar 31 2024 | ₹3m | n/a | ₹12b |
Compensation vs Market: Amit's total compensation ($USD4.29K) is below average for companies of similar size in the Indian market ($USD1.17M).
Compensation vs Earnings: Amit's compensation has been consistent with company performance over the past year.
CEO
Amit Paithankar
Mr. Amit Ashok Paithankar is Chief Executive Officer of Indosolar Limited from November 11, 2024 and serves as its Director since April 17, 2025. Mr. Paithankar serves as Chief Executive Officer of Waaree...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 18.7yrs | ₹988.00k | 0.0014% ₹ 13.8m | |
| CEO & Whole time Director | 1.6yrs | ₹381.00k | 0.00011% ₹ 1.1m | |
| Chief Financial Officer | 1.1yrs | ₹146.00k | no data | |
| Company Secretary & Compliance Officer | 2.4yrs | ₹30.00k | 0.00017% ₹ 1.7m | |
| Whole-time Director | no data | ₹684.00k | 0.00052% ₹ 5.1m | |
| Whole-time Director | no data | ₹1.48m | 0.62% ₹ 6.2b | |
| President | no data | no data | no data | |
| Director of Operations | no data | ₹34.31m | 0.044% ₹ 433.2m | |
| Chief Information Officer | 1.7yrs | ₹1.42m | no data | |
| Chief Legal Officer | 2.1yrs | ₹3.52m | no data | |
| Director of Sales | no data | ₹32.28m | 0.049% ₹ 486.4m | |
| Chief Marketing Officer | 1.7yrs | ₹1.81m | no data |
Experienced Management: WAAREEENER's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Chairman | 18.7yrs | ₹988.00k | 0.0014% ₹ 13.8m | |
| CEO & Whole time Director | 1.6yrs | ₹381.00k | 0.00011% ₹ 1.1m | |
| Whole-time Director | 17.9yrs | ₹684.00k | 0.00052% ₹ 5.1m | |
| Whole-time Director | 14.5yrs | ₹1.48m | 0.62% ₹ 6.2b | |
| Independent Director | 6.8yrs | ₹25.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.2yrs | ₹20.00k | 0.0015% ₹ 15.2m |
Experienced Board: WAAREEENER's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 12:40 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Waaree Energies Limited is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bhaskar Chakraborty | Jefferies LLC |
| Nischint Chawathe | Kotak Securities (Institutional Equities) |
| Deepak Krishnan | Kotak Securities (Institutional Equities) |