Waaree Renewable Tech Aug-24
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Questions and Answers

What should one consider about the forward-looking statements in this Presentation?

  • They are subject to risks and uncertainties. (correct)
  • They guarantee future performance of the Company.
  • They are always accurate and reliable.
  • They are based solely on the Company’s past performance.
  • Which economic factors could affect the Company's future performance?

  • The performance of the Indian economy and international markets. (correct)
  • The Company’s marketing strategy alone.
  • The management’s personal decisions.
  • Only technological advancements.
  • What does the Company assume regarding its forward-looking information?

  • It is responsible for third-party statements.
  • There is no obligation to update this information. (correct)
  • It will provide regular updates.
  • All provided data is guaranteed accurate.
  • How are the maps used in the Presentation characterized?

    <p>They are not to scale. (C)</p> Signup and view all the answers

    What aspect of the Company's data is emphasized in the Presentation?

    <p>There may be omissions within the information. (D)</p> Signup and view all the answers

    What is the main purpose of the Investors/Earnings Presentation mentioned in the document?

    <p>To provide financial information for regulatory compliance. (B)</p> Signup and view all the answers

    Where will the Investors/Earnings Presentation be available for access?

    <p>On the company's website. (C)</p> Signup and view all the answers

    Who signed the document as the Company Secretary?

    <p>Heema Shah (C)</p> Signup and view all the answers

    Which regulation is referenced regarding the Earnings Presentation?

    <p>Regulation 30 of SEBI (A)</p> Signup and view all the answers

    What does the 'Safe Harbor' statement in the presentation emphasize?

    <p>The unreliability of the information provided. (D)</p> Signup and view all the answers

    What is stated about the offering of securities in the document?

    <p>No securities will be offered without a statutory document. (B)</p> Signup and view all the answers

    What is the implication of the statement regarding the information on financial aspects?

    <p>Information provided may not be completely accurate. (B)</p> Signup and view all the answers

    What details are mentioned about Waaree Renewable Technologies Limited in the document?

    <p>It operates as a subsidiary of Waaree Energies Limited. (C)</p> Signup and view all the answers

    What degree does Nilesh Bhogilal Gandhi hold?

    <p>Bachelor's degree in Commerce (C)</p> Signup and view all the answers

    Which individual is responsible for overseeing the engineering and construction of solar projects?

    <p>Mr. Viren Chimanlal Doshi (B)</p> Signup and view all the answers

    How many years of experience does Pujan Pankaj Doshi have in corporate strategy and business planning?

    <p>More than 10 years (A)</p> Signup and view all the answers

    From which university did Hitesh Pranjivan Mehta obtain his Bachelor's degree?

    <p>University of Bombay (A)</p> Signup and view all the answers

    What role does Mr. Nilesh Bhogilal Gandhi hold in the company?

    <p>Non-Executive Independent Director (D)</p> Signup and view all the answers

    When did Mr. Viren Chimanlal Doshi join the company?

    <p>November 26, 2007 (C)</p> Signup and view all the answers

    What is the highest qualification of Mr. Pujan Pankaj Doshi?

    <p>Bachelor's degree in Engineering (C)</p> Signup and view all the answers

    What type of company is associated with Hitesh Pranjivan Mehta's directorship?

    <p>Solar Energy (B)</p> Signup and view all the answers

    What degree does the individual mentioned hold from Delhi University?

    <p>Bachelor's in Economics (A)</p> Signup and view all the answers

    Which of the following roles does Ms. Heema Shah occupy?

    <p>Company Secretary &amp; Compliance Officer (A)</p> Signup and view all the answers

    How many years of experience does Mr. Ravikesh Singh have in power projects?

    <p>20 years (C)</p> Signup and view all the answers

    What qualifications does Mr. Dilip Panjwani hold?

    <p>CA and CS credentials (B)</p> Signup and view all the answers

    What is the main focus of the company's sustainability roadmap?

    <p>Expanding the O&amp;M portfolio (A)</p> Signup and view all the answers

    What additional programs has the individual attended after their degrees?

    <p>Management programs by the EU and XLRI (B)</p> Signup and view all the answers

    Which company was Mr. Dilip Panjwani previously associated with?

    <p>Reliance Organic (C)</p> Signup and view all the answers

    What area of expertise does Mr. Dilip Panjwani focus on?

    <p>Financial Planning &amp; Analysis (A)</p> Signup and view all the answers

    What is the capacity of the largest Ground Mounted solar power project won in Q2FY25?

    <p>30 MWp (A)</p> Signup and view all the answers

    Which of the following projects includes a Green Hydrogen Plant?

    <p>1 MWp Green Hydrogen Plant (C)</p> Signup and view all the answers

    What percentage of plant available time has been achieved in the O&M portfolio?

    <p>99% (D)</p> Signup and view all the answers

    What type of projects does the company aim to expand through international presence?

    <p>Solar projects (A)</p> Signup and view all the answers

    How much total capacity does the company have in developed solar power generating assets under IPP contracts?

    <p>39.98 MWp (C)</p> Signup and view all the answers

    What is the primary method utilized to enhance overall plant efficiency?

    <p>Data analytics and consulting (A)</p> Signup and view all the answers

    Which project was not completed in FY25 according to the order wins?

    <p>450 MWp Ground Mounted solar power project (B)</p> Signup and view all the answers

    What is one of the main goals of establishing strong technical know-how?

    <p>Build cutting-edge Research &amp; Development (D)</p> Signup and view all the answers

    What is the projected cell capacity by FY25?

    <p>5.4 GW (D)</p> Signup and view all the answers

    Which certification has the company received for its Quality Management System?

    <p>ISO 9001:2015 (A)</p> Signup and view all the answers

    What is the CAGR of the company's growth year-over-year?

    <p>22% (D)</p> Signup and view all the answers

    How many projects have been commissioned in energy storage solutions?

    <p>10,000+ projects (A)</p> Signup and view all the answers

    Which of the following is part of the company's end-to-end solar solutions?

    <p>Solar Thermal Solutions (B)</p> Signup and view all the answers

    What is the number of employees listed in the company's global workforce?

    <p>7,000+ Employees (C)</p> Signup and view all the answers

    Which segment is targeted for higher growth in the company's growth strategy?

    <p>EPC Segment (D)</p> Signup and view all the answers

    Which of the following procurement methods is the company evaluating for O&M market expansion?

    <p>Organic and Inorganic (B)</p> Signup and view all the answers

    How many projects has the company executed in the O&M portfolio?

    <p>500+ MW (C)</p> Signup and view all the answers

    What type of solutions are offered under rooftop solutions?

    <p>On Grid Inverters (C)</p> Signup and view all the answers

    Which technology has the company included in its projects for new developments?

    <p>Battery Storage Technology (A)</p> Signup and view all the answers

    How many marquee clients does the company have?

    <p>50+ Clients (B)</p> Signup and view all the answers

    What aspect does the company focus on to enhance customer value in its services?

    <p>Differentiating O&amp;M services (A)</p> Signup and view all the answers

    In which countries has the company exported its solar products?

    <p>68+ Countries (B)</p> Signup and view all the answers

    Flashcards

    Investors/Earnings Presentation

    A formal written document that summarizes the company's performance in a given period, typically a quarter, and is presented during meetings with analysts or investors.

    Regulation 30

    A specific regulation that mandates listed companies to disclose their financial performance and other information to investors. It is part of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

    SEBI

    An abbreviation for Securities and Exchange Board of India, the regulatory body for the Indian securities market, responsible for ensuring investor protection and orderly functioning of markets.

    Quarter Ended June 30th

    Refers to the three months ended on June 30th. This is often used for reporting financial performance.

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    Safe Harbor Statement

    A statement that protects the company from liability for any potential misinterpretations or reliance on the information presented in the Investors/Earnings Presentation.

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    Solely for Information Purposes

    A statement that clarifies that the presentation is merely for informative purposes and does not constitute an offer to sell or solicit any securities.

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    Statutory Offering Document

    A legal document that provides comprehensive details about a company's financial status, operations, and risks, and is used for issuing securities to the public.

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    Due Diligence

    The process of reviewing and ensuring the reliability of information provided by a company before disclosing it to the public.

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    Forward-looking Statements

    Statements about future events that are based on assumptions and estimations.

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    Risks and Uncertainties

    Factors that could affect the accuracy of forward-looking statements, such as market fluctuations and competition.

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    Market Risk

    The degree to which a company is exposed to market changes, such as economic downturns or shifts in customer preferences.

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    As Is

    Information presented as it is, without any guarantee of correctness or completeness.

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    Liability Exclusion

    The practice of excluding responsibility for any losses or damages resulting from the use of presented information.

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    Managing Director

    The top executive responsible for the overall direction and performance of a company. They set strategic goals, make major decisions, and oversee all operations.

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    Executive Director

    A high-level executive who leads a specific department or area of a company, usually with significant decision-making authority and expertise in their field.

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    Non-Executive Independent Director

    A board member who provides independent advice and oversight to the company's management. They are typically chosen for their expertise and experience in relevant fields, and they act as a check on the company's actions.

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    Chairman

    An individual who holds the highest position within a company, responsible for setting the company's vision, leading the board of directors, and ensuring the company's long-term success.

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    Finance

    A specialized area of expertise that focuses on financial matters, including accounting, auditing, financial analysis, and investment management.

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    International Business Expansion

    A strategy where a company seeks to expand its business into new geographic markets, often by partnering or acquiring companies in those regions.

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    Strategic Partnerships

    The process of establishing new relationships with other companies or organizations for the purpose of mutual benefit, often involving collaboration, joint ventures, or strategic partnerships.

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    Refined Management Processes

    The ability to execute projects on time or ahead of schedule, indicating efficient and effective management processes.

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    Cutting-Edge R&D

    Building a foundation of cutting-edge research and development by investing in innovation and technological advancements.

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    International Presence

    Expanding operations and exploring new opportunities in international markets, particularly in solar energy and storage.

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    Supply Chain Resilience

    Ensuring a reliable and stable access to raw materials, minimizing disruption and ensuring continuity of operations.

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    O&M Portfolio

    A portfolio of solar power plant assets that the company manages and maintains, exceeding a certain capacity.

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    Plant Available Time

    Maintaining a high level of plant availability, ensuring consistent performance and minimizing downtime.

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    Tech-Based Data Analytics

    Analyzing data from various sources to identify areas for improvement and optimize the performance of solar power plants.

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    Floating Solar Power Project

    A solar plant that generates electricity from sunlight and is installed directly on a body of water, such as a lake or reservoir.

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    Waaree Energies

    A company that specializes in solar technology with a focus on vertically integrated operations.

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    Vertically Integrated Operations

    The ability of a company to manage all stages of a product's life cycle, from raw materials to finished goods.

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    Industry Experience

    A company's experience and expertise in the industry. For Waaree Energies, this is 32 years.

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    Module Capacity

    A measure of the size and power of a solar energy module, expressed in gigawatts (GW). Waaree Energies has a module capacity of 12 GW and has supplied over 6 GW of modules.

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    Products Exported

    Products that are sold to other countries, indicating a wider market reach. Waaree Energies exports to over 68 countries, representing international success.

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    TIER 1 Manufacturer

    A ranking system that recognizes companies with high-quality products and services. Waaree Energies is considered a TIER 1 Solar Module Manufacturer, demonstrating its excellence.

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    End to End Solar Solutions

    The ability to develop and deliver comprehensive solar solutions, covering various aspects, including modules, mounting structures, inverters, and energy storage.

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    On Grid Solar System

    A type of solar system that generates power using the sun's energy and delivers it to the electricity grid for distribution.

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    Off Grid Solar System

    A solar system that is separate from the main electricity grid and relies on batteries to store energy.

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    Solar Thermal Solutions

    A type of solar energy system that uses water as a medium for transferring heat generated by the sun.

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    ISO 9001:2015

    A document or policy that sets out guidelines for management systems within an organization, ensuring consistent quality and operations.

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    Innovation

    The process of developing and launching new products and technologies. Waaree Energies continuously innovates with new solar solutions, staying ahead of the curve.

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    Market Acceptance

    How well a company's products and brand are accepted and trusted by the market. Waaree Energies enjoys market acceptance due to its proven quality and competitive offerings.

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    On Ground Track Record

    The practical experience and track record of a company in implementing projects and achieving success. Waaree Energies has a significant track record with large-scale installations.

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    EPC Services

    The process of designing, building, and commissioning solar energy projects. Waaree Energies specializes in EPC services, delivering complete solar power plants.

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    O&M Services

    The maintenance and upkeep of solar installations to ensure optimal performance and efficiency.

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    Study Notes

    Financial Highlights Q1FY25

    • Revenue increased by 83.31% year-over-year (YoY) to Rs. 236.35 Crore.
    • EBITDA increased by 206.60% YoY to Rs. 41.08 Crore.
    • PAT increased by 208.51% YoY to Rs. 28.16 Crore.
    • Revenue from O&M was Rs. 2.50 Crore.
    • Unexecuted order book is 2,191 MWp.
    • Successfully executed orders of 217+ MWp.

    Investor Presentation

    • The presentation details the Q1 FY25 financial results and accomplishments for Waaree Renewable Technologies Limited (WAAREE RTL).
    • The presentation covers aspects of the company's vertically integrated operations, technologically advanced end to end solar solutions, marquee clients, company overview, unique propositions, EPC accomplishments, growth strategies, board of directors, key managerial personnel, sustainability roadmap, key order wins, advanced operation & maintenance, and key ongoing projects.
    • The company experienced significant growth in revenue and profitability, showcasing robust financial performance.

    Company Overview

    • The company is part of the Waaree Group (a subsidiary of Waaree Energies Limited).
    • Operations are in India and globally, with a focus on renewable energies (solar power).
    • They manufacture solar modules and offer a range of solar solutions, including rooftop solar, floating solar, and ground-mounted solar.
    • They also handle the operation and maintenance (O&M) of solar power plants.
    • They have vertically integrated operations.
    • The company maintains strategic partnerships with various stakeholders and authorities.

    Key Managerial Personnel & Board of Directors

    • The presentation features all the executive and non-executive directors of the company, along with their qualifications and experience details.

    Sustainability Roadmap

    • The company focuses on expanding its operation and maintenance (O&M) portfolio, improving order execution methods, developing cutting-edge research and development, strengthening supply chain resilience, and expanding international business, to support sustainability ambitions.

    EPC Accomplishments

    • Highlights specific EPC (Engineering, Procurement, and Construction) project wins in Q1 FY25 and previous quarters, with details such as project type, capacity, and location.

    Key Ongoing Projects

    • The presentation detailed ongoing projects categorized by size (in MWp), technology (Rooftop, Floating, Ground-Mounted), and location geographically.

    O&M Advantage

    • O&M Portfolio: 587+ MWp
    • Plant Availability: 99%+
    • Performance Improvements: Data analytics, audits, consulting, and R&D help boost efficiency and generation
    • Technology Adoption: Leading-edge technologies enhance plant reliability and expedite response times in case of equipment breakdown.

    Financial Highlights (detailed)

    • The presentation includes detailed financial information such as revenue, EBITDA, and PAT (Profit After Tax).
    • YoY growth, Quarter-over-Quarter (QoQ) growth, and figures over the past few financial years are provided.

    Consolidated Income Statement, Balance Sheet, and Cash Flow

    • Detailed financial statements for the company are provided, including revenue from operations, cost of EPC contracts, expenses, profitability, and cash flow.
    • These figures reflect the financial health and performance of the company.

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    Description

    This quiz focuses on key elements from an Investors/Earnings Presentation, including the considerations for forward-looking statements and the economic factors influencing company performance. It also covers the characterization of data maps and regulatory references within the document.

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