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    Waaree Tech.

    Mumbai-based manufacturer of batteries for industrial and consumer use, focused on energy storage systems and EV batteries, diversifying into lithium-ion and BESS.

    Power
    Utilities

    Overview

    Price

    Market Cap

    ₹256 Cr

    Sector

    Power

    Utilities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital34111111111111
    Reserves1-020-7-13-14-17
    Borrowings000318182021
    Other Liabilities000193433
    Total Liabilities44123325201918
    AssetsFixed Assets00076432
    CWIP00010000
    Investments00000000
    Other Assets44122519151615
    Total Assets44123325201918

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating003-109-15-2-2
    Cash from Investing00-00-90-0-0
    Cash from Financing0-008315-03
    SummaryCapital Expenditure
    Free Cash Flow003-100-15-2-3
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    539337 · CAPITAL_INTENSIVE

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