#WaareeEnergies has filed DRHP Yesterday. They are raising INR 3000 Cr from the IPO and 32 Lakh Shares is the OFS.

Let us analyse the Valuation of Waaree Energies.

1. Revenue in First 3MFY24 = INR 3300 Cr

2. PAT in First 3MFY24 = INR 338 Cr.

If we annualise the PAT, the FY24 PAT would be ~INR 1000 -1200 Cr.

3. Total Shares Outstanding Before IPO = ~26 Cr

EPS = 1000/26 or 1200/26 = 38 to 46

If we give P/E of 40x, the IPO price would be around INR 1500- 1800

P.S - Not a recommendation to buy. This is just for the Information please.

1. 500GW Renewable Energy total capacity by 2030 and 600GW by 2032

2. Transmission plan interconnects multiple countries like Nepal, Bhutan, Myanmar, Bangladesh, Sri Lanka, Saudi Arabia, UAE etc.

3. Transmission plan highlight new technology options (In Power & Instrumentation Gujurat concall management constantly highlighted they have superior tech in the market)

4. And as highlighted earlier, massive investment of 9.15 lakh crore required by year 2032

#PIGL #Skipper #VivianaPower #GenusPower #HplElectric #TARIL #Shilchar #WaareeRenewable #WaareeTech #WaareeEnergies #OrianaPower

Waaree Energies
#WaareeEnergies

Decent on a high base
Nothing extraordinary

Rev at 3663cr⏫3%

EBITDA at 614cr⏫14%
OPM at 16.76% vs 15.13%

PAT at 376cr⏫17.3%

Production of 3.3 GW in H1FY25

Orderbook at 20GW

600cr investment for setting up and development of infrastructure for renewable power projects and bidding pipeline

Concall at 12pm tomorrow

This is Big from #WaareeEnergies

1) Capex/Investment of 551Cr/200Cr for 300 MW #Electrolyser Plant

2) Capex/Investment of 2073Cr/650Cr for Advance #LithionIon and Storage cell plant.

3) Capex of 130Cr in Solar Invertor.

Complete #Energytransition company

Waaree Energies
#WaareeEnergies
Blockbuster Q3FY25 🔥
Record set with solid margin expansion QoQ and YoY
Rev at 3457cr vs 1596cr, Q2 at 3574cr
PBT at 690cr vs 134cr, Q2 at 498cr
PAT at 507cr vs 141cr, Q2 at 375cr
Solid QoQ growth in PBT and PAT