Waaree Technologies (BOM:539337) Net Margin %: -81.21% (As of Mar. 2026)


BOM:539337 Waaree Technologies Ltd BOM:539337
45 GF Score
Price ₹253.70
GF Value ₹187.71
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Waaree Technologies Net Margin %?

Waaree Technologies BOM:539337 -3.41% 45 Net Margin % is -81.21% as of Mar. 2026. GuruFocus rates BOM:539337 with a GF Score™ of 45/100 and a GF Value™ of ₹187.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,021 Semiconductors companies, Waaree Technologies ranks worse than 92.26% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Waaree Technologies's Net Income for the six months ended in Mar. 2026 was ₹-24.58 Mil. Waaree Technologies's Revenue for the six months ended in Mar. 2026 was ₹30.26 Mil. Therefore, Waaree Technologies's net margin for the quarter that ended in Mar. 2026 was -81.21%.

The historical rank and industry rank for Waaree Technologies's Net Margin % or its related term are showing as below:

BOM:539337' s Net Margin % Range Over the Past 10 Years
Min: -58.58   Med: -3.7   Max: 18
Current: -58.58


BOM:539337's Net Margin % is ranked worse than
92.26% of 1021 companies
in the Semiconductors industry
Industry Median: 4.17 vs BOM:539337: -58.58

Waaree Technologies  (BOM:539337) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Waaree Technologies Net Margin % Related Terms


Waaree Technologies Net Margin % Historical Data

* Premium members only.

The historical data trend for Waaree Technologies's Net Margin % 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 Technologies Net Margin % Chart

Waaree Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 -3.70 -26.27 -55.20 -58.58

Waaree Technologies Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Margin % 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 -36.58 -46.82 -65.32 -41.90 -81.21

BOM:539337 vs FSLR, NXT, ENPH: Net Margin % Comparison

For the Solar subindustry, Waaree Technologies's Net Margin %, along with its competitors' market caps and Net Margin % 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 Technologies Net Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Waaree Technologies's Net Margin % falls into.


BOM:539337
45GF Score
Waaree Technologies Ltd BOM:539337
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Waaree Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Waaree Technologies's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-41.784/71.324
=-58.58 %

Waaree Technologies's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-24.578/30.264
=-81.21 %

* 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 Net Margin % →
What does a Net Margin % of -81.21% mean?
Waaree Technologies (BOM:539337) has a Net Margin % of -81.21% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Waaree Technologies and its competitors. According to the industry distribution chart, Waaree Technologies ranks #942 out of 1021 companies in the Semiconductors industry, placing it in the top 92.3%.
Is Waaree Technologies' Net Margin % too high?
Waaree Technologies' current Net Margin % is -81.21%. Based on the distribution chart, Waaree Technologies ranks #942 out of 1021 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Waaree Technologies has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waaree Technologies' Net Margin % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Technologies ranks #942 out of 1021 companies for Net Margin %. This places Waaree Technologies in the lower half of its industry. The industry median Net Margin % is 4.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.17, based on 1,021 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Waaree Technologies and its competitors. For the Semiconductors industry, the median Net Margin % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Technologies's current Net Margin % is -81.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Technologies stock overvalued right now?
Based on GuruFocus' analysis, Waaree Technologies (BOM:539337) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹187.71, compared to a current price of ₹253.70 — trading 35.2% above its estimated fair value. The current Net Margin % is -81.21%. Waaree Technologies' overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Waaree Technologies (BOM:539337), the current Net Margin % is -81.21% 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 Technologies (BOM:539337) Overvalued in 2026?

Based on GuruFocus' analysis, Waaree Technologies stock appears to be overvalued. The current stock price of ₹253.70 is trading 35.2% above its estimated GF Value™ of ₹187.71. GuruFocus considers Waaree Technologies to be Significantly Overvalued.

Key valuation signals for BOM:539337:

  • Net Margin %: -81.21%
  • GF Value™: ₹187.71 vs. price of ₹253.70 (35.2% above fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the BOM:539337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waaree Technologies Business Description

Address Off. Western Express Highway, 602, Western Edge-1, Borivali (East), Mumbai, MH, IND, 400066
Waaree Technologies Ltd is engaged in the business of manufacturing batteries, catering to both industrial and consumer segments, with a particular focus on energy storage systems, electric vehicles (EVs). The Products of the company include PV modules and Solar inverters. Its Solutions are Ground Mounted, Roof Top, Floating Solar, Asset Management, and Green Hydrogen. The company operates in a single segment is assembling and dealing in lithium batteries.
45GF Score

Get the complete analysis for BOM:539337

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

₹253.70
Price
₹187.71
GF Value