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Waaree Energies
3.9
based on 503 Reviews
Company Overview
Company Locations
Working at Waaree Energies
Company Summary
Waaree Energies Ltd. is India's one of the largest Solar Manufacturers. They supply premium quality solar systems like solar panels, inverters, batteries, and water pumps
Overall Rating
3.9/5
based on 503 reviews
On-Par
with industry average
Work Policy
Work from office
76% employees reported
Monday to Saturday
50% employees reported
Flexible timing
50% employees reported
No travel
52% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
31 employees reported
Health insurance
26 employees reported
Office cab/shuttle
18 employees reported
Cafeteria
14 employees reported
View all benefits
About Waaree Energies
Founded in1989 (36 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websitewaaree.com
Primary Industry
Other Industries
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Waaree Energies Ltd.is India's largest vertically integrated solar energy solution company.
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Waaree Energies Ratings
based on 503 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
205
4
135
3
63
2
25
1
75
Category Ratings
3.7
Job security
3.7
Salary
3.7
Skill development
3.6
Work-life balance
3.6
Promotions
3.6
Work satisfaction
3.5
Company culture
Waaree Energies is rated 3.9 out of 5 stars on AmbitionBox, based on 503 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Waaree Energies
based on 488 reviews
2.8
Rated by 23 Women
Rated 2.8 for Job security and 2.7 for Skill development
3.9
Rated by 465 Men
Rated 3.8 for Salary and 3.8 for Job security
Work Policy at Waaree Energies
based on 107 reviews in last 6 months
Work from office
76%
Hybrid
18%
Permanent work from home
6%
Waaree Energies Reviews
Top mentions in Waaree Energies Reviews
+ 5 more
Compare Waaree Energies with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.9/5 based on 503 reviews | 4.0/5 based on 456 reviews | 3.9/5 based on 255 reviews | 4.1/5 based on 904 reviews |
Highly Rated for | No highly rated category | No highly rated category | Salary | Salary Job security Skill development |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 76% employees reported | Work from office 82% employees reported | Work from office 58% employees reported | Work from office 74% employees reported |
Rating by Women Employees | 2.8 Poor rated by 23 women | 3.7 Good rated by 21 women | 3.2 Average rated by 18 women | 3.8 Good rated by 7 women |
Rating by Men Employees | 3.9 Good rated by 465 men | 4.0 Good rated by 413 men | 4.0 Good rated by 224 men | 4.1 Good rated by 883 men |
Job security | 3.7 Good | 3.6 Good | 3.4 Average | 4.1 Good |
View more
Waaree Energies Salaries
Waaree Energies salaries have received with an average score of 3.7 out of 5 by 503 employees.
Quality Engineer
(117 salaries)
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₹1.5 L/yr - ₹5.8 L/yr
Senior Engineer
(114 salaries)
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₹4.2 L/yr - ₹8.9 L/yr
Production Engineer
(107 salaries)
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₹1.4 L/yr - ₹4.9 L/yr
Maintenance Engineer
(66 salaries)
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₹1.9 L/yr - ₹4.9 L/yr
Deputy Manager
(59 salaries)
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₹6.5 L/yr - ₹15.4 L/yr
Senior Production Engineer
(43 salaries)
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₹4.3 L/yr - ₹7.5 L/yr
Senior Quality Engineer
(35 salaries)
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₹3.8 L/yr - ₹7.7 L/yr
Franchise Manager
(30 salaries)
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₹3.2 L/yr - ₹11 L/yr
Junior Engineer
(25 salaries)
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₹1.8 L/yr - ₹3.8 L/yr
Assistant Manager - Production
(23 salaries)
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₹5.7 L/yr - ₹9.3 L/yr
Waaree Energies Interview Questions
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Waaree Energies Jobs
Waaree Energies News
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Six Stocks In the News At Noon: Nestle India, Tata Consumer, SRF, And More
- Nestle India's shares surged 7.65% after reporting a 5% increase in net profit and 3.9% rise in revenue.
- Tata Consumer Products saw a 5% increase in share price after mixed Q3 results with 23% India business growth.
- Waaree Energies' share price jumped 14% after reporting impressive Q3 earnings and announcing a Rs 50,000 crore order book.
- Jindal Steel & Power's share price declined 14% despite beating analysts' estimates with a consolidated net profit of Rs 950.5 crore for Q3.
Bloomberg Quint | 31 Jan, 2025
Waaree Energies shares surge 10% on robust Q3 earnings, expansion plans
- Waaree Energies reported strong Q3 earnings with total income more than doubling to ₹3,545.27 crore.
- EBITDA grew by 257% to ₹809.71 crore, with margins expanding to 22.84%.
- The company has commenced trial production at its 5.4 GW solar cell manufacturing facility and started commercial production at its 1.6 GW solar module line in the USA.
- Waaree Energies holds an orderbook of 26.5 GW worth ₹50,000 crore and plans to diversify into electrolyser manufacturing, lithium-ion storage cell manufacturing, and the inverter business.
HinduBusinessLine | 31 Jan, 2025
UPL Share Price Target 2025 and 2026 to 2030
- UPL Ltd is a global company based in India that produces and markets crop protection products.
- The company offers solutions to improve crop yields and protect plants from pests and diseases.
- The article provides UPL's share price target for 2025 and 2026 to 2030.
- In 2025, UPL's maximum target is INR 648.54 and minimum target is INR 440.34.
- The share price is expected to grow steadily over the years, reaching a maximum of INR 1,527.12 in 2030.
- UPL's competitors in the market with similar market caps include PI Industries, Bayer Crop Sciences, SUMITOMO, and BASF.
- The article also gives details on UPL's shareholding pattern and share prices.
- Stock market predictions are unpredictable and can change, expert advice is strongly recommended before investing.
- The information provided is based on UPL's historical performance and may not be accurate, it is recommended to verify the information with other sources.
- The article also provides share price target predictions for other companies such as Waaree Energies, Apollo Micro Systems, and Paytm, among others.
VIE Stories | 31 Jan, 2025
Waaree Energies Q3 Results: Net Profit Grows Fourfold, Revenue More Than Doubles
- Waaree Energies Ltd. reported a fourfold jump in its net profit for Q3 FY25.
- Net profit rose by 294% YoY to Rs 493 crore.
- Revenue increased by 116% to Rs 3,457 crore.
- The company's order book stands at 26.5 GW valued at Rs 50,000 crore.
Bloomberg Quint | 30 Jan, 2025
Waaree Energies Q3 Results: Date, Time, Earnings Call Details, Share Price History And More
- Solar engineering and construction firm Waaree Energies is set to announce its Q3 earnings on January 30.
- The company will hold a conference call on January 31 to discuss its Q3 performance.
- Waaree Energies' share price has seen a decline over the past few months.
- In Q2, the company posted a 17% YoY rise in net profit.
Bloomberg Quint | 29 Jan, 2025
Waaree Energies Shares Extend Losses To Fifth Day On Possible Trump Tariffs
- Waaree Energies Ltd. share price fell as much as 6.35% during the day on the NSE.
- The stock has witnessed a fall of 13% in the last five trading sessions.
- The decline is driven by the possible impact of US energy policy under President Donald Trump, including import tariffs and reduced incentives for the domestic solar industry.
- A conference call for analysts and institutional investors is scheduled on Jan. 31, 2025, to discuss the unaudited financial results of the company.
Bloomberg Quint | 28 Jan, 2025
Six Stocks In The News At Noon: ICICI Bank, IDFC First, NTPC, And More
- The Indian stock markets were trading in the red owing to muted earnings and global uncertainties.
- ICICI Bank's shares rose 1.62% as analysts raise their target price for the bank citing better-than-expected earnings.
- Trident Limited's shares fell sharply, hitting a near two-year low in Monday’s session with a 26.7% YoY drop.
- IDFC First Bank Ltd. shares dropped by 7.74% following disappointing quarterly results for the period ending December.
- CDSL reported a 21% YoY growth in net profit for the quarter ended December 2024 but saw its shares decline.
- NTPC Ltd. reported a 1.8% YoY decline in net profit leading to a nearly 3% fall in its share price.
- Waaree Energies Ltd. extended its losses for the fourth consecutive session, dropping nearly 10%.
Bloomberg Quint | 27 Jan, 2025
Waaree Energies Stock Falls Nearly 10% To New Low On Outlook Worries
- The share price of Waaree Energies Ltd. declined for the fourth consecutive session on Monday, dropping nearly 10%.
- The decline is attributed to a global decline in solar PV module prices due to persistent overcapacities.
- Additionally, Waaree Energies is facing concerns regarding the impact of US energy policy under President Donald Trump.
- If the US imposes import tariffs or reduces Inflation Reduction Act incentives, it could negatively affect Indian exporters.
Bloomberg Quint | 27 Jan, 2025
Stocks that will see action today: January 23, 2025
- Housing and Urban Development Corporation Ltd signs MoU with VPPL for development of ports/PPP projects.
- Zydus Lifesciences receives Orphan Drug Designation for Usnoflast for the treatment of amyotrophic lateral sclerosis.
- Waaree Energies starts commercial production of solar modules in its US manufacturing facility.
- Piramal Critical Care launches Chlorpromazine Hydrochloride for Injection in the US.
HinduBusinessLine | 23 Jan, 2025
Stocks To Watch Today: Hudco, Waaree Energies, Zydus Lifesciences, Laurus Labs
- Housing & Urban Development Corp., Paras Defence and Space Technologies Ltd., and Waaree Energies Ltd. are stocks to watch on Thursday.
- Hudco signed a memorandum of understanding with Vadhavan Port project to explore and provide funds up to Rs 25,000 crore for the development of new ports.
- Paras Defence signed a memorandum of understanding with the Maharashtra government to invest around Rs 12,000 crore for a proposed Optics Park project over the next 10 years.
- Waaree Energies' arm, Waaree Solar Americas, has commenced commercial production of a 1.6 GW Solar Module line in the US.
Bloomberg Quint | 23 Jan, 2025
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Waaree Energies FAQs
When was Waaree Energies founded?
Waaree Energies was founded in 1989. The company has been operating for 36 years primarily in the Power sector.
Where is the Waaree Energies headquarters located?
Waaree Energies is headquartered in Mumbai,Maharashtra.
How many employees does Waaree Energies have in India?
Waaree Energies currently has more than 2,500+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Waaree Energies based on the number of reviews submitted on AmbitionBox.
Does Waaree Energies have good work-life balance?
Waaree Energies has a Work-Life Balance Rating of 3.6 out of 5 based on 500+ employee reviews on AmbitionBox. 68% employees rated Waaree Energies 4 or above, while 32% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Waaree Energies work-life balance reviews for more details
Is Waaree Energies good for career growth?
Career growth at Waaree Energies is rated fairly well, with a promotions and appraisal rating of 3.6. 68% employees rated Waaree Energies 4 or above, while 32% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Waaree Energies promotions/appraisals reviews for more detailed insights.
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