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Waaree Energies Ltd
602 Western Express Highway
Phone: +91 2266444444p:+91 2266444444 MUMBAI, 400063  India Ticker: WAAREEENERWAAREEENER
Business Summary
Waaree Energies Limited is an India-based renewable energy company. The Company, with a primary footprint across India and over 25 countries, offers a comprehensive portfolio spanning solar panels and inverters manufacturing, engineering, procurement and construction (EPC) services, green hydrogen solutions, battery energy storage systems, green energy infrastructure, and data centers. The Company's solutions include ground mounted, roof top, floating solar, asset management, and green hydrogen. The Company's solar product line includes N-type HJT Modules, N-type TOPCon Modules, Mono PERC, Lightweight & Flexible Modules, Small Modules, Integrated Photovoltaic Solutions (BIPV & Agrivoltaics) and Customized Modules. Its smart on-grid inverters deliver efficiency across a comprehensive range from 1kW to 136kW. Its inverters include Waaree Three Phase Inverter Series (3Kw to 25kw) and Waaree Three Phase Inverter Series (30Kw to 75Kw). It is also engaged in the transformer business.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20253/31/2025Yes----

Industries
SIC Code Description
3674 Semiconductors and related devices
3691 Storage batteries
3561 Pumps and pumping equipment
3612 Power, distribution, and specialty transformers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Hitesh C.Doshi 57 2/16/2007
Chief Executive Officer, Whole-Time Director Amit A.Paithankar 12/23/2024 3/1/2024
Chief Financial Officer SonalShrivastava 9/3/2024 9/3/2024
7 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Enel Green Power India Pvt Ltd Thigalarapalya, Hoodi Karnataka India
Waaree Solar Americas Inc. 2439 Discovery Hills Pkwy. Brookshire TX United States
Kotsons Overseas Private Limited UPSIDC Sikandra Agra Uttar Pradesh India

Business Names
Business Name
Enel Green Power India Pvt Ltd
Kotsons Overseas Private Limited
Waaree Renewable Energies Australia PTY Limited
Waaree Solar Americas Inc.
WAAREEENER

General Information
Number of Employees: 2,512 (As of 3/31/2024)
Outstanding Shares: 287,283,199 (As of 3/31/2025)
Stock Exchange: NSE


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