WAAREE
WAAREE TECHNOLOGIES financials
- Market cap
- ₹271 Cr
Quarterly results
Q4 FY26: revenue down 79.9%, net profit up 55.4% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 22 | 14 | 15 | 6 −25% | 5 −79% | 4 −70% | 3 −80% |
| EBITDA | 0 | -1 | -2 | -6 | -2 −8067% | -3 −178% | -1 +32% | -2 +61% |
| Net profit | 0 | -1 | -2 | -6 | -3 −1847% | -3 −144% | -2 +14% | -2 +55% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −32.7% 1Y
1Y: ₹304.85 on 10 Sept 2025 → ₹205.1. High ₹379.05 (23 Apr 2026), low ₹139 (16 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹-0 Cr | ₹2 Cr | ₹0 Cr | ₹-7 Cr | ₹-14 Cr | ₹-17 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹18 Cr | ₹20 Cr | ₹21 Cr |
| Other liabilities | ₹0 Cr | ₹0 Cr | ₹19 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Total liabilities | ₹4 Cr | ₹12 Cr | ₹33 Cr | ₹25 Cr | ₹19 Cr | ₹18 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹6 Cr | ₹3 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹4 Cr | ₹12 Cr | ₹25 Cr | ₹19 Cr | ₹16 Cr | ₹15 Cr |
| Total assets | ₹4 Cr | ₹12 Cr | ₹33 Cr | ₹25 Cr | ₹19 Cr | ₹18 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count grew 9% to 5,667.
- Promoters
- 58.8%
- Public
- 41.2%
Since Mar 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- Public 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 60.7% to 58.8% — −1.9 pp.
Ownership split by quarter, oldest first. Sep '21: Promoters 60.7%, Public 39.3%.Dec '21: Promoters 60.7%, Public 39.3%.Mar '22: Promoters 60.7%, Public 39.3%.Jun '22: Promoters 60.7%, Public 39.3%.Sep '22: Promoters 55.8%, Public 44.2%.Mar '23: Promoters 60.4%, Public 39.6%.Sep '23: Promoters 60.1%, Public 39.9%.Mar '24: Promoters 59.1%, Public 40.9%.Sep '24: Promoters 58.8%, FIIs 0.0%, Public 41.2%.Mar '25: Promoters 58.8%, Public 41.2%.Sep '25: Promoters 58.8%, Public 41.2%.Mar '26: Promoters 58.8%, Public 41.2%.
Who is on the register
Named in the Mar 2026 filing
Every holder of WAAREE TECHNOLOGIES LIMITED above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Kirit Chimanlal Doshi | 13.78% | unchanged |
| Viren C Doshi | 12.34% | unchanged |
| Pankaj Chimanlal Doshi | 9.51% | unchanged |
| Chodvadiya Jignesh Vinubhai | 5.14% | −0.10 pp |
| Sandeep Kapadia | 3.19% | unchanged |
| Ankit Hitesh Doshi | 3.02% | unchanged |
| Waaree Ess Private Ltd | 3.02% | unchanged |
| Binita Hitesh Doshi | 2.98% | unchanged |
| Pujan P Doshi | 2.83% | unchanged |
| Nipa Viren Doshi | 2.83% | unchanged |
| Bindiya Kirit Doshi | 2.83% | unchanged |
| Rushabh Pankaj Doshi | 2.83% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse WAAREE TECHNOLOGIES LIMITED
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