WAAREEENER (Waaree Energies Ltd) vs BSE Sensex 30 Comparison

WAAREEENER

BSE Sensex 30

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

WAAREEENER

BSE Sensex 30

Difference

1Y 3Y 5Y 10Y 15Y 20Y

WAAREEENER

BSE Sensex 30

Add Stock

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

BSE Sensex 30

WAAREEENER

NVDA

AVGO

2330

AMD

Add Stock

1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare

Waaree Energies Ltd
Glance View

Market Cap

728.1B INR

Industry

Semiconductors

In the bustling tapestry of India's renewable energy landscape, Waaree Energies Ltd. has woven a notable narrative of growth and innovation. Established in 1989, the company found its genesis in the commercial capital of Mumbai, evolving from a small-scale industrial entity to one of India's largest solar panel manufacturers. What sets Waaree apart is its commitment to harnessing the ample solar potential the Indian subcontinent offers. Through its expansive infrastructure, including an impressive manufacturing capacity spread strategically across multiple locations, Waaree diligently produces high-quality solar photovoltaic modules. The company’s operations revolve around converting sunlight into reliable energy, cementing their role not just as manufacturers, but as pioneers of sustainable solutions in the country. Waaree Energies generates revenue primarily through the production and sale of its solar products, which include monocrystalline and polycrystalline solar panels. Yet, their business extends further: Waaree not only captures market share in the domestic landscape but also maintains a significant presence in international markets, exporting to over 68 countries. They have diversified their offerings to include EPC (engineering, procurement, and construction) services, providing comprehensive solar solutions that encompass design, installation, and maintenance of solar power plants. This vertical integration allows Waaree to capture value across the solar ecosystem, positioning the company robustly to meet the accelerating global demand for clean energy resources. Through strategic diversification and relentless innovation, Waaree Energies has crafted a resilient business model in the ever-evolving renewable energy sector.

View WAAREEENER Analysis

WAAREEENER Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

US	NVIDIA Corp NASDAQ:NVDA	Add
US	Broadcom Inc NASDAQ:AVGO	Add
TW	Taiwan Semiconductor Manufacturing Co Ltd TWSE:2330	Add
US	Advanced Micro Devices Inc NASDAQ:AMD	Add
US	Qualcomm Inc NASDAQ:QCOM	Add
US	Texas Instruments Inc NASDAQ:TXN	Add
UK	Arm Holdings PLC NASDAQ:ARM	Add
US	Micron Technology Inc NASDAQ:MU	Add
US	Analog Devices Inc NASDAQ:ADI	Add
US	Marvell Technology Group Ltd NASDAQ:MRVL	Add

US	NVIDIA Corp NASDAQ:NVDA	Select
US	Broadcom Inc NASDAQ:AVGO	Select
TW	Taiwan Semiconductor Manufacturing Co Ltd TWSE:2330	Select
US	Advanced Micro Devices Inc NASDAQ:AMD	Select
US	Qualcomm Inc NASDAQ:QCOM	Select
US	Texas Instruments Inc NASDAQ:TXN	Select
UK	Arm Holdings PLC NASDAQ:ARM	Select
US	Micron Technology Inc NASDAQ:MU	Select
US	Analog Devices Inc NASDAQ:ADI	Select
US	Marvell Technology Group Ltd NASDAQ:MRVL	Select

US	NVIDIA Corp NASDAQ:NVDA	Add
US	Broadcom Inc NASDAQ:AVGO	Add
TW	Taiwan Semiconductor Manufacturing Co Ltd TWSE:2330	Add
US	Advanced Micro Devices Inc NASDAQ:AMD	Add
US	Qualcomm Inc NASDAQ:QCOM	Add
US	Texas Instruments Inc NASDAQ:TXN	Add
UK	Arm Holdings PLC NASDAQ:ARM	Add
US	Micron Technology Inc NASDAQ:MU	Add
US	Analog Devices Inc NASDAQ:ADI	Add
US	Marvell Technology Group Ltd NASDAQ:MRVL	Add

CA	A	Advance Lithium Corp XTSX:AALI	Add
US	G	GE Vernova LLC NYSE:GEV	Add
NL	N	Nepi Rockcastle NV JSE:NRP	Add
US		Schlumberger NV NYSE:SLB	Add
US	B	Baker Hughes Co NASDAQ:BKR	Add
ID		Amman Mineral Internasional Tbk PT IDX:AMMN	Add
US	R	Reddit Inc NYSE:RDDT	Add
CH	G	Galderma Group AG SIX:GALD	Add
US		Halliburton Co NYSE:HAL	Add
IN		Jio Financial Services Ltd NSE:JIOFIN	Add

	Franklin Covey Co NYSE:FC	35.24 USD -2.49%
	Mohawk Industries Inc NYSE:MHK	117.3 USD -0.4%
	Ardmore Shipping Corp NYSE:ASC	12.77 USD 5.54%
	ASGN Inc NYSE:ASGN	86.34 USD 1.25%
	Skyworks Solutions Inc NASDAQ:SWKS	92.66 USD 1.93%
	Weatherford International PLC NASDAQ:WFRD	74.8 USD 1.75%

WAAREEENER

vs

BSE Sensex 30

Stocks Performance
WAAREEENER vs BSE Sensex 30

Performance Gap
WAAREEENER vs BSE Sensex 30

Performance By Year
WAAREEENER vs BSE Sensex 30

Competitors Performance
Waaree Energies Ltd vs Peers

Waaree Energies Ltd
Glance View

Company

Help

Tools

Stocks

	Johnson & Johnson NYSE:JNJ	146.23 USD 1.79%
	Bank of America Corp NYSE:BAC	46.08 USD 1.5%
	Mastercard Inc NYSE:MA	511.4 USD -0.1%
	Salesforce Inc NYSE:CRM	324.93 USD -1.69%
	Abbvie Inc NYSE:ABBV	179.53 USD -0.32%
	Home Depot Inc NYSE:HD	384.23 USD -1.32%

	Arista Networks Inc NYSE:ANET	115.29 USD -3.1%
	Visa Inc NYSE:V	311.67 USD -0.44%
	Texas Pacific Land Corp NYSE:TPL	1 258.29 USD 2.58%
	KLA Corp NASDAQ:KLAC	689.3 USD -0.14%
	Manhattan Associates Inc NASDAQ:MANH	268.2 USD -1.16%
	Pinduoduo Inc NASDAQ:PDD	100.62 USD 1.62%

	Salesforce Inc NYSE:CRM	324.93 USD -1.69%
	ServiceNow Inc NYSE:NOW	1 054.15 USD -2.13%
	EOG Resources Inc NYSE:EOG	127.56 USD 0.93%
	Copart Inc NASDAQ:CPRT	56.24 USD -0.6%
	Applied Materials Inc NASDAQ:AMAT	177.82 USD 0.19%
	Synopsys Inc NASDAQ:SNPS	487.62 USD -2.68%

	Johnson & Johnson NYSE:JNJ	146.23 USD 1.79%
	Berkshire Hathaway Inc NYSE:BRK.A	678 560 USD 0.29%
	Bank of America Corp NYSE:BAC	46.08 USD 1.5%
	Mastercard Inc NYSE:MA	511.4 USD -0.1%
	UnitedHealth Group Inc NYSE:UNH	514.25 USD 0.11%
	Exxon Mobil Corp NYSE:XOM	108.75 USD 0.94%

WAAREEENER vs BSE Sensex 30

Stocks Performance WAAREEENER vs BSE Sensex 30

Performance Gap WAAREEENER vs BSE Sensex 30

Performance By Year WAAREEENER vs BSE Sensex 30

Competitors Performance Waaree Energies Ltd vs Peers

Waaree Energies Ltd Glance View

Company

Help

Tools

Stocks

WAAREEENER

vs

BSE Sensex 30

Stocks Performance
WAAREEENER vs BSE Sensex 30

Performance Gap
WAAREEENER vs BSE Sensex 30

Performance By Year
WAAREEENER vs BSE Sensex 30

Competitors Performance
Waaree Energies Ltd vs Peers

Waaree Energies Ltd
Glance View