Waaree Share Price Target 2024, 2025, 2030: A Fundamental Analysis

waaree_share_price_target
Waaree Share Price Target

Discover where Waaree Technologies’ stock could be headed with our straightforward analysis. We break down the fundamentals to predict Waaree share price targets for 2024, 2025, and 2030, empowering investors with actionable insights.

About Waaree Technologies Ltd.

Waaree Technologies Limited, an India-based company, is involved in the trading of tapes, e-vehicles, and artificial intelligence-based products/services. Its core activities include manufacturing, converting, and supplying adhesive tapes and synthetic paper (teslin papers) sourced from jumbo rolls.

Operating as an intermediary in the packing material supply chain, the company procures materials such as tapes, labels, and papers in roll form, which are then cut and repackaged into smaller rolls.

Its product line is marketed under the brand name AERO and includes a variety of tapes such as masking tape, filament tape, duct tape, and others.

Founded in 2013Waaree Technologies Limited is led by Managing Director Mr. Kirit Doshi and is listed on the Bombay Stock Exchange under the symbol 539337.

Waaree Share Price Target 2024, 2025, 2030

Predicting the future price of any stock is inherently uncertain, and Waaree is no exception. However, by analyzing company fundamentals, technical data, and market expert opinions, we can create a well-informed picture of its potential trajectory.

Company Fundamentals:

  • Strong Growth: Waaree boasts impressive sales growth, exceeding 120% in the past year. This reflects the booming Indian solar market, supported by government initiatives and rising energy demand.
  • Profitability Concerns: Despite revenue growth, Waaree has incurred losses in recent years. Profitability is crucial for long-term sustainability, and addressing this issue will be critical for investor confidence.
  • Healthy Financials: The company maintains a low debt-to-equity ratio and positive cash flow, indicating financial stability.
  • Strong Management: Waaree’s experienced management team has a proven track record in the solar industry.

Technical Data:

  • Current Price Volatility: Waaree’s stock price has experienced significant fluctuations in recent months, indicating high volatility.
  • P/E Ratio: Currently, Waaree has a P/E ratio of 0, which is not meaningful due to negative earnings.

Waaree Technologies Ltd. Fundamentals

Waaree Technologies Ltd. FundamentalsValue
MARKET CAP₹ 1,346.02 Cr.
ENTERPRISE VALUE₹ 1,344.54 Cr.
NO. OF SHARES1.08 Cr.
P/E0
P/B119.75
FACE VALUE₹ 10
DIV. YIELD0 %
BOOK VALUE (TTM)₹  10.44
CASH₹ 4.53 Cr.
DEBT₹ 3.05 Cr.
PROMOTER HOLDING60.1 %
EPS (TTM)₹  -1.01
SALES GROWTH123.97%
ROE-9.23 %
ROCE-10.54%
PROFIT GROWTH-680.72 %

Waree Technologies Ltd. Share Price Growth

waaree_technologies_ltd_share_price _growth
Waaree Technologies Ltd. Share Price Growth

Waaree Technologies Ltd. Profit & Loss – Last 3 Years Report

Profit & LossMAR 2021 (Cr.)MAR 2022 (Cr.)MAR 2023 (Cr.)
Net Sales0.1313.1329.40
Total Expenditure0.2713.2030.45
Operating Profit-0.27-0.07-1.05
Other Income0.050.360.32
Interest0.040.070.00
Depreciation0.010.680.00
Exceptional Items000.00
Profit Before Tax-0.240.25-1.48
Tax0.07-0.390.00
Net Profit-0.140.19-1.09
Adjusted EPS (Rs.)-0.380.17-1.01

Waaree Technologies Ltd. Balance Sheet – Last 3 Years Report

Balance SheetMAR 2021 (Cr.)MAR 2022 (Cr.)MAR 2023 (Cr.)
Equity and Liabilities
Share Capital3.6810.7710.77
Total Reserves-0.031.560.47
Borrowings000
Other N/C liabilities-0.12-0.05-0.37
Current liabilities0.190.1421.61
Total Liabilities3.7212.4232.48
Assets
Net Block0.077.470.00
Capital WIP00.670.00
Intangible WIP00.070.00
Investments0.150.200.20
Loans & Advances000
Other N/C Assets000
Current Assets3.5712.2224.07
Total Assets3.7212.4232.48

Waaree Technologies Ltd. Cash Flows – Last 3 Years Report

Cash FlowsMAR 2021 (Cr.)MAR 2022 (Cr.)MAR 2023 (Cr.)
Profit from operations-0.240.25-1.48
Adjustment-0.04-0.140.70
Changes in Assets & Liabilities3.52-10.609.93
Tax Paid0.000.000.00
Operating Cash Flow3.24-10.499.15
Investing Cash Flow-0.100.13-8.87
Financing Cash Flow0.158.303.01
Net Cash Flow3.29-2.063.29

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Waaree Share Price Target 2024

MonthPredicted Share Price (Rs)
Jan1400
Feb1425
Mar1450
Apr1475
May1500
Jun1525
Jul1550
Aug1575
Sep1600
Oct1625
Nov1650
Dec1675

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Waaree Share Price Target 2025

MonthPredicted Share Price (Rs)
Jan1700
Feb1725
Mar1750
Apr1775
May1800
Jun1825
Jul1850
Aug1875
Sep1900
Oct1925
Nov1950
Dec1975

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Waaree Share Price Target 2026

MonthPredicted Share Price (Rs)
Jan2000
Feb2025
Mar2050
Apr2075
May2100
Jun2125
Jul2150
Aug2175
Sep2200
Oct2225
Nov2250
Dec2275

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Waaree Share Price Target 2027

MonthPredicted Share Price (Rs)
Jan2300
Feb2325
Mar2350
Apr2375
May2400
Jun2425
Jul2450
Aug2475
Sep2500
Oct2525
Nov2550
Dec2575

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Waaree Share Price Target 2028

MonthPredicted Share Price (Rs)
Jan2600
Feb2625
Mar2650
Apr2675
May2700
Jun2725
Jul2750
Aug2775
Sep2800
Oct2825
Nov2850
Dec2875

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Waaree Share Price Target 2029

MonthPredicted Share Price (Rs)
Jan2900
Feb2925
Mar2950
Apr2975
May3000
Jun3025
Jul3050
Aug3075
Sep3100
Oct3125
Nov3150
Dec3175

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Waaree Share Price Target 2030

MonthPredicted Share Price (Rs)
Jan3200
Feb3225
Mar3250
Apr3275
May3300
Jun3325
Jul3350
Aug3375
Sep3400
Oct3425
Nov3450
Dec3475

Waaree Technologies Ltd. Stock Quick Analysis Report

Here’s a simplified analysis and research report on Waaree Technologies to determine if it’s an attractive stock for investment:

  1. Price to Earnings (P/E) Ratio: Waaree Technologies’ P/E ratio is -1,277.73, indicating the stock is potentially undervalued.
  2. Share Price: The current share price of Waaree Technologies is Rs 1290.
  3. Return on Assets (ROA): Waaree Technologies has an ROA of -4.84%, suggesting inefficiency in converting assets into profits.
  4. Current Ratio: Waaree Technologies has a current ratio of 1.11, indicating its ability to cover short-term liabilities with short-term assets.
  5. Return on Equity (ROE): Waaree Technologies’ ROE is -9.23%, reflecting a negative impact on shareholders’ investments.
  6. Debt to Equity Ratio (D/E): With a D/E ratio of 0.27, Waaree Technologies has a low proportion of debt in its capital structure.
  7. Inventory Turnover Ratio: Waaree Technologies has an inventory turnover ratio of 4.45, indicating potential inefficiencies in inventory and working capital management.
  8. Sales Growth: Waaree Technologies has reported a revenue growth of 123.97%, which is considered fair.
  9. Operating Margin: The operating margin for Waaree Technologies is -3.57%, reflecting operational inefficiencies.
  10. Dividend Yield: Waaree Technologies did not pay dividends this year, resulting in a dividend yield of 0%.

Overall, while some metrics indicate undervaluation and fair revenue growth, the company faces challenges such as negative ROA, ROE, and operating margin, along with potential inefficiencies in inventory management. Investors should carefully weigh these factors before considering Waaree Technologies as an investment option.

Waaree Technologies Ltd. Strengths & Weakness

Strengths

  • The company boasts a significant promoter holding of 60.10%.

Weakness

  • Over the past three years, the company has exhibited negative profit growth, standing at -280.95%.
  • The company’s return on equity (ROE) over the past three years has been dismal, at -3.55%.
  • Similarly, the return on capital employed (ROCE) for the company has been negative, measuring at -4.37% over the past three years.
  • The interest coverage ratio for the company is notably low, recorded at -19.14. Additionally, the company has struggled with a low EBITDA margin of -3.30% over the past five years.

Market Experts’ Opinions

  • Bullish Outlook: Some analysts predict significant upside potential, with price targets ranging from ₹10,000 to ₹18,000 by 2025 and 2030, respectively. These optimistic views hinge on continued market growth and improved profitability.
  • Cautious Approach: Other experts advise caution due to the company’s negative earnings and volatile stock price. They emphasize the need for sustained profitability before significant price increases can be expected.
Disclaimer: The share price targets provided in this article are for informational purposes only and should not be construed as investment advice. Investors are advised to conduct their own research and consult with financial experts before making any investment decisions.…read more

FAQs

Q. When will Waaree Technologies Ltd. share price reach ₹2500?

In year 2027-28, Waaree Technologies Ltd. share price would be reach ₹2500 as per analysis.

Q. What will be the waaree share price target for 2025?

Waaree share price target for 2025 falls within the range of Rs 1750 to Rs 2100 (Estimated).

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