Waaree Energies (BOM:544277) Current Ratio: 1.38 (As of Mar. 2026) — Near Median

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BOM:544277 Waaree Energies Ltd BOM:544277
48 GF Score
Price ₹2,700.85
! 2 Warning Signs
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What is Waaree Energies Current Ratio?

Waaree Energies BOM:544277 -0.40% 48 Current Ratio is 1.38 as of Mar. 2026, which is 5% above its 10-year median of 1.31. GuruFocus rates BOM:544277 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, Waaree Energies ranks worse than 76.95% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Waaree Energies's current ratio for the quarter that ended in Mar. 2026 was 1.38.

Waaree Energies has a current ratio of 1.38. It generally indicates good short-term financial strength.

The historical rank and industry rank for Waaree Energies's Current Ratio or its related term are showing as below:

BOM:544277' s Current Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.31   Max: 1.5
Current: 1.38

During the past 6 years, Waaree Energies's highest Current Ratio was 1.50. The lowest was 0.90. And the median was 1.31.

BOM:544277's Current Ratio is ranked worse than
76.95% of 1028 companies
in the Semiconductors industry
Industry Median: 2.455 vs BOM:544277: 1.38

Waaree Energies  (BOM:544277) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Waaree Energies Current Ratio Related Terms


Waaree Energies Current Ratio Historical Data

* Premium members only.

The historical data trend for Waaree Energies's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waaree Energies Current Ratio Chart

Waaree Energies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 0.90 1.11 1.48 1.50 1.38

Waaree Energies Quarterly Data
Mar21 Mar22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 0.00 1.41 0.00 1.38

BOM:544277 vs FSLR, NXT, ENPH: Current Ratio Comparison

For the Solar subindustry, Waaree Energies's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waaree Energies Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Energies's Current Ratio distribution charts can be found below:

* The bar in red indicates where Waaree Energies's Current Ratio falls into.


BOM:544277
48GF Score
Waaree Energies Ltd BOM:544277
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Energies Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Waaree Energies's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=175770/127077
=1.38

Waaree Energies's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=175770/127077
=1.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.38 mean?
Waaree Energies (BOM:544277) has a Current Ratio of 1.38 as of Mar. 2026. This is near median its historical median of 1.31. Over the past decade, Waaree Energies' Current Ratio has ranged from 0.90 to 1.50. According to the industry distribution chart, Waaree Energies ranks #791 out of 1028 companies in the Semiconductors industry, placing it in the top 76.9%.
Is Waaree Energies' Current Ratio too high?
Waaree Energies' current Current Ratio of 1.38 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.50. The Semiconductors industry median Current Ratio is 2.46. Waaree Energies' value of 1.38 is 43.8% below this industry median. Based on the distribution chart, Waaree Energies ranks #791 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Waaree Energies has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Energies' Current Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Energies ranks #791 out of 1028 companies for Current Ratio. This places Waaree Energies in the lower half of its industry. The industry median Current Ratio is 2.46. Waaree Energies' value of 1.38 is 43.8% below this benchmark. Historically, Waaree Energies' own Current Ratio has ranged from 0.90 to 1.50 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.46, Waaree Energies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.46, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waaree Energies's current Current Ratio of 1.38 is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Current Ratio is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Energies's current Current Ratio is 1.38, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Energies stock overvalued right now?
Waaree Energies (BOM:544277) has a current Current Ratio of 1.38. The current Current Ratio is 1.38, which is near median its 10-year median of 1.31 and 43.8% below the Semiconductors industry median of 2.46. Waaree Energies' overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Waaree Energies (BOM:544277), the current Current Ratio is 1.38 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Waaree Energies Business Description

Other Exchanges WAAREEENER:India
Address Western Express Highway, 602, 6th Floor, Western Edge-I, Borivali (East), Mumbai, MH, IND, 400 066
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
48GF Score

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₹2,700.85
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