Waaree Tech. (539337)
TurnaroundFairStock Score: 5/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹1,272 |
| Market Cap | ₹1,440.83 Cr |
| P/E Ratio | 0 |
| ROCE | -39.85% |
| ROE | —% |
| Dividend Yield | 0% |
| Profit Growth | 34.35% |
| Debt/Equity | — |
| Sales Growth | -26.61% |
| 52-Week Range | ₹131.25 — ₹1,272 |
| Sector | Power |
Strengths
- Profit growth of 34.35% indicates some operational improvement from a loss-making base
- Piotroski F-Score of 5/9 suggests moderate balance-sheet fundamentals
- Operates in the essential power generation sector with structural demand tailwinds
- Strong stock price performance reflects investor interest and market liquidity
Concerns
- Negative earnings with latest quarter net profit of ₹-2 crore on ₹4 crore sales
- Sales declining 26.61%, indicating shrinking business scale
- ROCE of -39.85% reflects poor capital efficiency and value destruction
- Extremely rich valuation: ₹1,441 crore market cap on minimal sales, with no dividend and FairStock score of 5/100
AI Analysis
When I see a market cap of ₹1,441 crore against quarterly sales of just ₹4 crore, I stop right there. That implies a price-to-sales multiple in the decades, something no rational investor can stomach. Sales are down 26.61%, yet the stock has raced from ₹131 to ₹1,272 in a year. That is not investing; that is speculation. Graham taught me to buy below intrinsic value, not at the peak of momentum. The company is losing money—P/E is meaningless, ROCE is negative 39.85%, and the latest quarter shows a net loss of ₹2 crore on sales of only ₹4 crore. There is no margin of safety. The Piotroski F-Score of 5/9 gives little comfort; it merely suggests some balance-sheet signals are okay, but that is like praising a leaky ship for having one dry room. I cannot analyze book value or promoter holding because the data is not disclosed, which itself is a red flag. The only positive I see is 34.35% profit growth, but from a deeply loss-making base that does not make a business. In power generation, one might hope for stable demand, but this company's sales are falling, not rising. I would rather wait on the sidelines. Price is what you pay; value is what you get. Here, I see no value—only risk. FairStock agrees with a score of 5/100. This is a pass.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer