Waaree Energies Past Earnings Performance
Past criteria checks 4/6
Waaree Energies has been growing earnings at an average annual rate of 51.4%, while the Semiconductor industry saw earnings growing at 39.3% annually. Revenues have been growing at an average rate of 26.9% per year. Waaree Energies's return on equity is 28.3%, and it has net margins of 11.7%.
Key information
51.4%
Earnings growth rate
49.3%
EPS growth rate
| Semiconductor Industry Growth | 22.7% |
| Revenue growth rate | 26.9% |
| Return on equity | 28.3% |
| Net Margin | 11.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Waaree Energies 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 |
|---|---|---|---|---|
| 30 Sep 24 | 115,153 | 13,419 | 9,973 | 0 |
| 30 Jun 24 | 114,782 | 12,953 | 9,242 | 0 |
| 31 Mar 24 | 113,976 | 12,372 | 8,093 | 0 |
| 31 Mar 23 | 67,509 | 4,828 | 5,999 | 0 |
| 31 Mar 22 | 28,543 | 756 | 3,534 | 0 |
| 31 Mar 21 | 19,528 | 492 | 2,020 | 0 |
| 31 Mar 20 | 19,958 | 445 | 2,055 | 0 |
| 31 Mar 19 | 15,910 | 792 | 1,690 | 0 |
| 31 Mar 18 | 13,573 | 230 | 1,265 | 0 |
| 31 Mar 17 | 10,167 | 308 | 824 | 0 |
Quality Earnings: WAAREEENER has a large one-off gain of ₹3.7B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: WAAREEENER's current net profit margins (11.7%) are higher than last year (9.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WAAREEENER's earnings have grown significantly by 51.4% per year over the past 5 years.
Accelerating Growth: WAAREEENER's earnings growth over the past year (56%) exceeds its 5-year average (51.4% per year).
Earnings vs Industry: WAAREEENER earnings growth over the past year (56%) did not outperform the Semiconductor industry 190.9%.
Return on Equity
High ROE: WAAREEENER's Return on Equity (28.3%) is considered high.