Waaree Energies Limited (NSE:WAAREEENER)

Waaree Energies Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	77,840	5,098	1,214	2,537	1,392	128.2
Short-Term Investments	2,462	33,389	711.5	15,138	3,603	1,324
Cash & Short-Term Investments	80,302	38,488	1,925	17,675	4,995	1,452
Cash Growth	104.51%	1898.94%	-89.11%	253.83%	243.91%	72.54%
Accounts Receivable	13,104	11,848	9,714	3,126	925.24	1,182
Other Receivables	-	1,322	732.3	473.52	445.66	232.54
Receivables	13,241	13,283	10,693	3,736	1,532	1,894
Inventory	47,088	26,921	25,855	27,089	5,382	3,680
Prepaid Expenses	-	691.6	493.8	128.04	88.97	59.04
Other Current Assets	13,181	52,185	41,164	6,202	786.06	613.06
Total Current Assets	153,812	131,568	80,131	54,829	12,783	7,699
Property, Plant & Equipment	80,491	59,090	27,777	16,284	7,340	2,725
Long-Term Investments	79.8	199.8	69	1,548	475.73	1,174
Goodwill	63.4	63.4	63.4	63.43	63.43	70.31
Other Intangible Assets	44.6	43.1	69.3	73.16	76.73	77.33
Long-Term Accounts Receivable	-	-	-	-	44.85	51.68
Long-Term Deferred Tax Assets	1,102	460.3	832.1	142.77	180.25	-
Other Long-Term Assets	10,657	6,049	4,196	1,258	751.19	1,013
Total Assets	246,250	197,474	113,137	74,199	21,716	12,811
Accounts Payable	34,842	22,549	14,752	20,174	4,689	4,373
Accrued Expenses	-	1,097	658	535.88	132.33	63.95
Short-Term Debt	-	9,121	1,779	493.57	419.38	547.32
Current Portion of Long-Term Debt	23,678	31.9	368.7	782.96	821.74	377.1
Current Portion of Leases	660.7	352.6	285.9	87.42	76.28	59.33
Current Income Taxes Payable	3,732	1,481	2,898	854.05	197.26	138.56
Current Unearned Revenue	-	46,875	21,132	23,556	6,588	9.79
Other Current Liabilities	46,279	6,354	12,358	2,809	1,393	593.8
Total Current Liabilities	109,192	87,861	54,232	49,292	14,318	6,163
Long-Term Debt	225.9	241.8	1,026	1,458	1,890	1,971
Long-Term Leases	4,842	2,243	2,075	380.5	426.97	443.7
Long-Term Unearned Revenue	9,816	7,201	12,355	3,277	4.1	13.89
Pension & Post-Retirement Benefits	-	3.7	0.1	-	-	0.72
Long-Term Deferred Tax Liabilities	1,145	413.4	371	479.44	264.1	40.72
Other Long-Term Liabilities	4,002	3,557	1,594	692.62	414.27	324.79
Total Liabilities	129,222	101,521	71,653	55,581	17,317	8,958
Common Stock	2,876	2,873	2,630	2,434	1,971	1,971
Additional Paid-In Capital	-	54,407	19,570	9,731	-	-
Retained Earnings	-	36,768	18,084	5,722	2,250	1,289
Comprehensive Income & Other	111,978	744.2	594.9	496.78	55.21	190.78
Total Common Equity	114,854	94,792	40,878	18,384	4,277	3,451
Minority Interest	2,174	1,161	606.8	234.44	122.02	401.72
Shareholders' Equity	117,028	95,953	41,485	18,619	4,399	3,853
Total Liabilities & Equity	246,250	197,474	113,137	74,199	21,716	12,811
Total Debt	29,406	11,990	5,534	3,203	3,634	3,399
Net Cash (Debt)	50,895	26,498	-3,609	14,472	1,361	-1,946
Net Cash Growth	73.03%	-	-	963.22%	-	-
Net Cash Per Share	177.37	96.43	-13.96	64.67	6.90	-9.87
Filing Date Shares Outstanding	287.27	287.28	262.96	243.37	197.14	197.14
Total Common Shares Outstanding	287.27	287.28	262.96	243.37	197.14	197.14
Working Capital	44,620	43,707	25,899	5,537	-1,535	1,536
Book Value Per Share	399.82	329.96	155.45	75.54	21.69	17.51
Tangible Book Value	114,746	94,686	40,745	18,248	4,136	3,304
Tangible Book Value Per Share	399.44	329.59	154.95	74.98	20.98	16.76
Land	-	4,838	2,961	2,916	1,499	59.01
Buildings	-	6,607	1,667	908.95	646.21	112
Machinery	-	32,940	11,971	8,742	4,636	2,779
Construction In Progress	-	18,840	13,413	5,370	1,227	13.19
Leasehold Improvements	-	112.7	61.5	60.75	59.99	58.49
Order Backlog	-	490,000	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.