Reported Earnings • Apr 17
Full year 2026 earnings released: EPS: ₹45.91 (vs ₹22.00 in FY 2025) Full year 2026 results: EPS: ₹45.91 (up from ₹22.00 in FY 2025). Revenue: ₹33.5b (up 110% from FY 2025). Net income: ₹4.79b (up 109% from FY 2025). Profit margin: 14% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,040, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 15x in the Construction industry in India. Total returns to shareholders of 473% over the past three years. Announcement • Apr 11
Waaree Renewable Technologies Limited to Report Q4, 2026 Results on Apr 16, 2026 Waaree Renewable Technologies Limited announced that they will report Q4, 2026 results on Apr 16, 2026 Announcement • Jan 26
Waaree Renewable Technologies Limited (BSE:534618) enter into a binding term sheet to acquire an unknown stake in Associated Power Structures Limited. Waaree Renewable Technologies Limited (BSE:534618) enter into a binding term sheet to acquire an unknown stake in Associated Power Structures Limited on January 26, 2026. A cash consideration will be paid by Waaree Renewable Technologies Limited. Waaree Renewable will acquire 55% of the stake in the equity share capital of Associated Power Structures Limited for a total consideration of INR ~12.25 billion mix of primary & secondary acquisition.
For the period ending March 31, 2025, Associated Power Structures Limited reported total revenue of INR 12.27 billion. As of March 31, 2025, Associated Power Structures Limited reported total assets of INR 8.34 billion and total common equity of INR 3.4 billion.
The transaction is subject to approval of offer by acquirer board and consummation of due diligence investigation. The deal has been approved by the board. The expected completion of the transaction is April 30, 2026. Reported Earnings • Jan 15
Third quarter 2026 earnings released: EPS: ₹11.50 (vs ₹5.14 in 3Q 2025) Third quarter 2026 results: EPS: ₹11.50 (up from ₹5.14 in 3Q 2025). Revenue: ₹8.56b (up 138% from 3Q 2025). Net income: ₹1.20b (up 125% from 3Q 2025). Profit margin: 14% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 116% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 12
Waaree Renewable Technologies Limited Announces Resignation of Senior Management Personnel as Kamlesh Harchandani, CEO Data Center, Effective January 9, 2026 Waaree Renewable Technologies Limited announced that Senior Management Personnel as Kamlesh Harchandani, CEO Data Center, has resigned with effect from the close of business hours of January 9, 2026. Announcement • Jan 10
Waaree Renewable Technologies Limited to Report Q3, 2026 Results on Jan 14, 2026 Waaree Renewable Technologies Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 14, 2026 Reported Earnings • Oct 11
Second quarter 2026 earnings released: EPS: ₹11.10 (vs ₹5.14 in 2Q 2025) Second quarter 2026 results: EPS: ₹11.10 (up from ₹5.14 in 2Q 2025). Revenue: ₹7.79b (up 49% from 2Q 2025). Net income: ₹1.16b (up 117% from 2Q 2025). Profit margin: 15% (up from 10% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has increased by 126% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 07
Waaree Renewable Technologies Limited to Report Q2, 2026 Results on Oct 10, 2025 Waaree Renewable Technologies Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Oct 10, 2025 Reported Earnings • Jul 18
First quarter 2026 earnings released: EPS: ₹8.29 (vs ₹2.72 in 1Q 2025) First quarter 2026 results: EPS: ₹8.29 (up from ₹2.72 in 1Q 2025). Revenue: ₹6.08b (up 157% from 1Q 2025). Net income: ₹864.4m (up 205% from 1Q 2025). Profit margin: 14% (up from 12% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has increased by 167% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Jul 15
Now 41% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₹1,150. The fair value is estimated to be ₹814, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Announcement • Jul 14
Waaree Renewable Technologies Limited to Report Q2, 2025 Results on Jul 17, 2025 Waaree Renewable Technologies Limited announced that they will report Q2, 2025 results on Jul 17, 2025 Buy Or Sell Opportunity • Jun 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₹985. The fair value is estimated to be ₹821, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Buy Or Sell Opportunity • May 19
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to ₹1,044. The fair value is estimated to be ₹857, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹960, the stock trades at a trailing P/E ratio of 43.7x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 1,399% over the past three years. Buy Or Sell Opportunity • Apr 17
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 6.0% to ₹1,107. The fair value is estimated to be ₹870, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,024, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 1,390% over the past three years. Announcement • Apr 09
Waaree Renewable Technologies Limited to Report Q4, 2025 Results on Apr 16, 2025 Waaree Renewable Technologies Limited announced that they will report Q4, 2025 results on Apr 16, 2025 Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹950, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 20x in the Construction industry in India. Total returns to shareholders of 1,541% over the past three years. Reported Earnings • Jan 17
Third quarter 2025 earnings released: EPS: ₹5.14 (vs ₹6.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹5.14 (down from ₹6.19 in 3Q 2024). Revenue: ₹3.60b (up 11% from 3Q 2024). Net income: ₹535.5m (down 17% from 3Q 2024). Profit margin: 15% (down from 20% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has increased by 145% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 16
Waaree Renewable Technologies Limited Approves Interim Dividend Waaree Renewable Technologies Limited at its board meeting held on January 16, 2025, approved and declared an interim dividend of INR 1.00 per Equity Share of INR 2.00 each of the Company. The interim dividend is payable to those members whose names appear in the Register of Members of the Company, or, will appear as beneficial owners (as per particulars furnished by the Depositories at the close of the business on January 24, 2025, being the Record Date to ascertain the eligibility of members to receive the said interim dividend. Announcement • Jan 13
Waaree Renewable Technologies Limited to Report Q3, 2025 Results on Jan 16, 2025 Waaree Renewable Technologies Limited announced that they will report Q3, 2025 results on Jan 16, 2025 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorates as stock falls 28% After last week's 28% share price decline to ₹951, the stock trades at a trailing P/E ratio of 49.5x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 1,217% over the past three years. Announcement • Jan 08
Waaree Renewable Technologies Limited Announces Resignation of Dilip Panjwani as Chief Financial Officer Waaree Renewable Technologies Limited announced that Mr. Dilip Panjwani vide his letter dated 07 January, 2025 has tendered his resignation as Chief Financial Officer of the Company and has separated from the company with effect from the close of business hours of 31 January, 2025 due to personal reasons. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹1,413, the stock trades at a trailing P/E ratio of 73.5x. Average trailing P/E is 27x in the Construction industry in India. Total returns to shareholders of 3,182% over the past three years. Reported Earnings • Nov 06
Second quarter 2025 earnings released: EPS: ₹5.14 (vs ₹1.76 in 2Q 2024) Second quarter 2025 results: EPS: ₹5.14 (up from ₹1.76 in 2Q 2024). Revenue: ₹5.28b (up 252% from 2Q 2024). Net income: ₹535.4m (up 192% from 2Q 2024). Profit margin: 10% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 237% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 31
Waaree Renewable Technologies Limited to Report Q2, 2025 Results on Nov 05, 2024 Waaree Renewable Technologies Limited announced that they will report Q2, 2025 results on Nov 05, 2024 Upcoming Dividend • Sep 05
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 09 September 2024. Payment date: 16 October 2024. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (0.6%). Declared Dividend • Aug 22
Dividend of ₹1.00 announced Shareholders will receive a dividend of ₹1.00. Ex-date: 9th September 2024 Payment date: 16th October 2024 Dividend yield will be 0.07%, which is lower than the industry average of 0.6%. Payout Ratios Payout ratio: 7%. Cash payout ratio: 9%. Announcement • Aug 20
Waaree Renewable Technologies Limited, Annual General Meeting, Sep 16, 2024 Waaree Renewable Technologies Limited, Annual General Meeting, Sep 16, 2024. Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹2.72 (vs ₹1.07 in 1Q 2024) First quarter 2025 results: EPS: ₹2.72 (up from ₹1.07 in 1Q 2024). Revenue: ₹2.39b (up 86% from 1Q 2024). Net income: ₹283.0m (up 154% from 1Q 2024). Profit margin: 12% (up from 8.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 275% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 24
Waaree Renewable Technologies Limited to Report Q1, 2025 Results on Jul 30, 2024 Waaree Renewable Technologies Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Announcement • Jun 19
Waaree Renewable Technologies Limited Announces Cessation of Anita Jaiswal as an Independent Director Waaree Renewable Technologies Limited announced that Current term of Ms. Anita Jaiswal as an Independent Director of the Company, expiring on June 19, 2024 and accordingly, she ceased to be Independent Director upon completion of her term of 5 years each on June 19, 2024 and has conveyed her desire not to seek re-appointment for the second term, due to her pre-occupancy. Reported Earnings • May 12
Full year 2024 earnings released: EPS: ₹14.22 (vs ₹5.33 in FY 2023) Full year 2024 results: EPS: ₹14.22 (up from ₹5.33 in FY 2023). Revenue: ₹8.80b (up 151% from FY 2023). Net income: ₹1.48b (up 167% from FY 2023). Profit margin: 17% (up from 16% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has increased by 426% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
Waaree Renewable Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2024 Waaree Renewable Technologies Limited recommend Dividend of INR 1.00/- per Equity Share of INR 10/- each for the financial year ended March 31, 2024, subject To Approve the Members at the up coming Annual General Meeting (AGM) of the Company. The Dividend, shall be paid within 30 days from the date of AGM to those Members entitled thereto. Announcement • May 03
Waaree Renewable Technologies Limited to Report Q4, 2024 Final Results on May 10, 2024 Waaree Renewable Technologies Limited announced that they will report Q4, 2024 final results on May 10, 2024 New Risk • Mar 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (38% accrual ratio). Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹2,361, the stock trades at a trailing P/E ratio of 73.6x. Average trailing P/E is 23x in the Renewable Energy industry in India. Total returns to shareholders of 12,934% over the past three years. Announcement • Jan 13
Waaree Renewable Technologies Limited to Report Q4, 2024 Results on Jan 20, 2024 Waaree Renewable Technologies Limited announced that they will report Q4, 2024 results on Jan 20, 2024 Announcement • Oct 21
Waaree Renewable Technologies Limited to Report Q2, 2024 Results on Oct 26, 2023 Waaree Renewable Technologies Limited announced that they will report Q2, 2024 results on Oct 26, 2023 Upcoming Dividend • Sep 11
Upcoming dividend of ₹1.00 per share at 0.1% yield Eligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 3.8% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (2.6%). Announcement • Sep 05
Waaree Renewable Technologies Limited Proposes Dividend for the Financial Year Ended March 31, 2023 Waaree Renewable Technologies Limited at the AGM to be held on September 26 2023 proposed a dividend of INR 1.00 per Equity Share of the face value of INR 10 each (10%), for the financial year ended March 31, 2023. Announcement • Aug 26
Waaree Renewable Technologies Limited Announces Chief Financial Officer Changes Waaree Renewable Technologies Limited announced Chief Financial Officer Changes. Mr. Hitesh Pranjivan Mehta has tendered his resignation from the position of the CFO of the Company with effect from August 25, 2023. However, he will be continuing as an Executive Director of the Company. The Board of Directors of the Company at its Meeting held on August 25, 2023, on recommendation of Nomination and Remuneration Committee, has appointed Mr. Dilip Panjwani as a Chief Financial Officer (CFO) of the Company with effect from August 25, 2023. Mr. Dilip Panjwani is a qualified Chartered Accountant and Company Secretary with an experience of more than 26 years in Finance, Supply Chain, Commercial and Business Planning & Operations. He is a strong finance professional also skilled at pricing & commercial construct, growth and profitability drive, investment analysis & decision-making, procurement & commercial negotiations, controllership and service delivery excellence. He has led and worked closely with teams across multiple countries, cultures, functions and time zones and partnered with dynamic business leaders both in the products and the services industries. He has held various leadership positions with companies like Himatsingka Seide Limited, Husk Power, YuppTV, Hinduja Group, Gartner,etc. Announcement • Jul 25
Waaree Renewable Technologies Limited, Annual General Meeting, Sep 26, 2023 Waaree Renewable Technologies Limited, Annual General Meeting, Sep 26, 2023. Reported Earnings • Jul 25
First quarter 2024 earnings released: EPS: ₹5.34 (vs ₹4.34 in 1Q 2023) First quarter 2024 results: EPS: ₹5.34 (up from ₹4.34 in 1Q 2023). Revenue: ₹1.30b (up 20% from 1Q 2023). Net income: ₹111.2m (up 23% from 1Q 2023). Profit margin: 8.6% (up from 8.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has increased by 421% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 14
Waaree Renewable Technologies Limited to Report Q1, 2024 Results on Jul 24, 2023 Waaree Renewable Technologies Limited announced that they will report Q1, 2024 results on Jul 24, 2023 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹1,305, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 16,171% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹1,022, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 11x in the Renewable Energy industry in India. Total returns to shareholders of 10,694% over the past three years. Announcement • May 21
Waaree Renewable Technologies Limited Recommends Dividend for the Financial Year Ended March 31, 2023 Waaree Renewable Technologies Limited announced that at the board meeting held on May 19, 2023, the company recommend Dividend of INR 1.00/- per Equity Share of INR 10/- each for the financial year ended March 31, 2023, subject To Approve the Members at the up coming Annual General Meeting (AGM) of the Company. he Dividend, shall be paid within 30 days from the date of AGM to those Members entitled thereto. Reported Earnings • May 21
Full year 2023 earnings released: EPS: ₹26.63 (vs ₹4.13 in FY 2022) Full year 2023 results: EPS: ₹26.63 (up from ₹4.13 in FY 2022). Revenue: ₹3.52b (up 118% from FY 2022). Net income: ₹554.2m (up ₹468.2m from FY 2022). Profit margin: 16% (up from 5.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has increased by 379% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Waaree Renewable Technologies Limited to Report Q4, 2023 Results on May 19, 2023 Waaree Renewable Technologies Limited announced that they will report Q4, 2023 results on May 19, 2023 Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹928, the stock trades at a trailing P/E ratio of 78.1x. Average trailing P/E is 12x in the Renewable Energy industry in India. Total returns to shareholders of 9,124% over the past three years. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹724, the stock trades at a trailing P/E ratio of 60.9x. Average trailing P/E is 13x in the Renewable Energy industry in India. Total returns to shareholders of 6,902% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹576, the stock trades at a trailing P/E ratio of 48.5x. Average trailing P/E is 12x in the Renewable Energy industry in India. Total returns to shareholders of 4,438% over the past three years. Announcement • Feb 07
Waaree Renewable Technologies Limited to Report Q3, 2022 Results on Feb 13, 2023 Waaree Renewable Technologies Limited announced that they will report Q3, 2022 results on Feb 13, 2023 Reported Earnings • Nov 12
Second quarter 2023 earnings released: EPS: ₹3.89 (vs ₹2.06 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.89 (up from ₹2.06 in 2Q 2022). Revenue: ₹1.21b (up ₹1.10b from 2Q 2022). Net income: ₹80.9m (up 74% from 2Q 2022). Profit margin: 6.7% (down from 41% in 2Q 2022). Announcement • Nov 03
Waaree Renewable Technologies Limited to Report Q2, 2023 Results on Nov 09, 2022 Waaree Renewable Technologies Limited announced that they will report Q2, 2023 results on Nov 09, 2022 Upcoming Dividend • Sep 08
Upcoming dividend of ₹0.50 per share Eligible shareholders must have bought the stock before 15 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (3.5%). Reported Earnings • Sep 05
Full year 2022 earnings released: EPS: ₹4.13 (vs ₹1.80 loss in FY 2021) Full year 2022 results: EPS: ₹4.13 (up from ₹1.80 loss in FY 2021). Revenue: ₹1.61b (up ₹1.49b from FY 2021). Net income: ₹86.0m (up ₹123.5m from FY 2021). Profit margin: 5.3% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 231% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 12
Waaree Renewable Technologies Limited, Annual General Meeting, Sep 26, 2022 Waaree Renewable Technologies Limited, Annual General Meeting, Sep 26, 2022, at 11:00 Indian Standard Time. Location: 504, Western Egde-1, Off. Western Express Highway, Borivali Mumbai India Reported Earnings • May 28
Full year 2022 earnings released: EPS: ₹4.13 (vs ₹1.14 loss in FY 2021) Full year 2022 results: EPS: ₹4.13 (up from ₹1.14 loss in FY 2021). Revenue: ₹1.61b (up ₹1.49b from FY 2021). Net income: ₹86.0m (up ₹109.7m from FY 2021). Profit margin: 5.3% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has increased by 169% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 26
Waaree Renewable Technologies Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022 Waaree Renewable Technologies Limited at its board meeting held on May 24, 2022 Recommended Final Dividend of INR 0.50 per Equity Share of INR 10/- each for the financial year ended March 31, 2022, subject to declaration of the same by the Members at the Ensuing Annual General Meeting of the Company. The Final Dividend, if declared, will be paid within 30 days from the date of AGM to those Members entitled thereto. Announcement • May 17
Waaree Renewable Technologies Limited to Report Q4, 2022 Results on May 24, 2022 Waaree Renewable Technologies Limited announced that they will report Q4, 2022 results on May 24, 2022 Reported Earnings • Feb 09
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.12 (up from ₹0.23 loss in 3Q 2021). Revenue: ₹455.8m (up ₹428.5m from 3Q 2021). Net income: ₹2.47m (up ₹7.19m from 3Q 2021). Profit margin: 0.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 199% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: ₹36.30 The company is up 157% from its price of ₹14.15 on 27 November 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: ₹0.23 loss per share (vs ₹1.27 loss in 3Q 2020) Third quarter 2021 results: Net loss: ₹4.71m (loss narrowed 82% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jan 26
Sangam Renewables Limited to Report Q3, 2021 Results on Feb 05, 2021 Sangam Renewables Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Jan 18
New 90-day high: ₹18.20 The company is up 4.0% from its price of ₹17.50 on 16 October 2020. The Indian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 30% over the same period. Is New 90 Day High Low • Nov 13
New 90-day low: ₹14.35 The company is down 10.0% from its price of ₹15.96 on 14 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 44% over the same period. Reported Earnings • Nov 07
Second quarter 2021 earnings released: ₹0.27 loss per share Second quarter 2021 results: Net loss: ₹5.73m (loss narrowed 78% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 30% per year, which means it has not declined as severely as earnings. Announcement • Oct 28
Sangam Renewables Limited to Report Q2, 2021 Results on Nov 06, 2020 Sangam Renewables Limited announced that they will report Q2, 2021 results on Nov 06, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: ₹16.70 The company is up 80% from its price of ₹9.30 on 19 June 2020. The Indian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 18% over the same period. Announcement • Aug 06
Sangam Renewables Limited to Report Q1, 2021 Results on Aug 12, 2020 Sangam Renewables Limited announced that they will report Q1, 2021 results on Aug 12, 2020 
