Waaree Renewable Technologies (BOM:534618) EBIT: ₹6,529 Mil (TTM As of Mar. 2026)


BOM:534618 Waaree Renewable Technologies Ltd BOM:534618
79 GF Score
Price ₹1,040.70
GF Value ₹2,390.11
Valuation Possible Value Trap
! 3 Warning Signs
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What is Waaree Renewable Technologies EBIT?

Waaree Renewable Technologies BOM:534618 +2.24% 79 EBIT is ₹6,529 Mil as of Mar. 2026. GuruFocus rates BOM:534618 with a GF Score™ of 79/100 and a GF Value™ of ₹2,390.11 (Possible Value Trap). The stock has 3 warning signs investors should review.

Waaree Renewable Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹2,108 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,529 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Waaree Renewable Technologies's annualized ROC % for the quarter that ended in Mar. 2026 was 52.37%. Waaree Renewable Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 143.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Waaree Renewable Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.15%.


Waaree Renewable Technologies  (BOM:534618) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Waaree Renewable Technologies's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8188.944 * ( 1 - 25.17% )/( (0 + 11700.019)/ 1 )
=6127.7867952/11700.019
=52.37 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=23737.936 - 8154.752 - ( 3883.165 - max(0, 13288.686 - 17896.301+3883.165))
=11700.019

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Waaree Renewable Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8430.808/( ( (0 + max(0, 0)) + (4472.75 + max(1402.305, 0)) )/ 1 )
=8430.808/( ( 0 + 5875.055 )/ 1 )
=8430.808/5875.055
=143.50 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11720.131 + 1167.642 + 1125.363) - (8154.752 + 0 + 4456.079)
=1402.305

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Waaree Renewable Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6528.985/106160.841
=6.15 %

* 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 Renewable Technologies EBIT Related Terms


Waaree Renewable Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Waaree Renewable Technologies's EBIT 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 Renewable Technologies EBIT Chart

Waaree Renewable Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 281.03 821.97 2,040.99 3,153.14 6,528.99

Waaree Renewable Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,255.44 1,201.37 1,601.84 1,618.08 2,107.70

BOM:534618 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Waaree Renewable Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Renewable Technologies EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Waaree Renewable Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Waaree Renewable Technologies's EV-to-EBIT falls into.


BOM:534618
79GF Score
Waaree Renewable Technologies Ltd BOM:534618
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Renewable Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,529 Mil.

* 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 EBIT →
What does a EBIT of ₹6,529 Mil mean?
Waaree Renewable Technologies (BOM:534618) has a EBIT of ₹6,529 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Waaree Renewable Technologies.
Is Waaree Renewable Technologies' EBIT too high?
Waaree Renewable Technologies' current EBIT is ₹6,529 Mil. Overall, Waaree Renewable Technologies has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Waaree Renewable Technologies' EBIT compare to PWR and FIX?
Waaree Renewable Technologies' EBIT of ₹6,529 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Waaree Renewable Technologies. Waaree Renewable Technologies's current EBIT is ₹6,529 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Renewable Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Renewable Technologies (BOM:534618) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,390.11, compared to a current price of ₹1,040.70 — trading 56.5% below its estimated fair value. The current EBIT is ₹6,529 Mil. Waaree Renewable Technologies' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Waaree Renewable Technologies (BOM:534618), the current EBIT is ₹6,529 Mil 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.

Is Waaree Renewable Technologies (BOM:534618) Overvalued in 2026?

Based on GuruFocus' analysis, Waaree Renewable Technologies stock appears to be undervalued. The current stock price of ₹1,040.70 is trading 56.5% below its estimated GF Value™ of ₹2,390.11. GuruFocus considers Waaree Renewable Technologies to be Possible Value Trap.

Key valuation signals for BOM:534618:

  • EBIT: ₹6,529 Mil
  • GF Value™: ₹2,390.11 vs. price of ₹1,040.70 (56.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the BOM:534618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waaree Renewable Technologies Business Description

Other Exchanges WAAREERTL:India
Address Opposite Western Express Highway, 504, Western Edge - I, Borivali (East), Mumbai, MH, IND, 400066
Waaree Renewable Technologies Ltd is engaged in the business of generation of power and providing consultancy services. It offers sustainable partnerships by providing renewable energy solutions to industrial, institutional, and commercial sectors and improves their profitability through the long-term renewable power supply. It generates maximum revenue from the EPC Contracts. Its projects include Ground Mounted, Rooftop Solar and Floating Solar.
79GF Score

Get the complete analysis for BOM:534618

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,040.70
Price
₹2,390.11
GF Value