Waaree Energies Peer Comparison
NSE: WAAREEENER | BSE: 544277
₹2,400.50
As on 06-Nov-2026 11:04IST
Market cap
₹69,094 Cr
Revenue (TTM)
₹31,495 Cr
P/E Ratio
18.7
P/B Ratio
4.3
Div. Yield
0.2 %
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
69,094 | 16,969 | 3,096 | 3,254 | 2,774 |
Revenue (₹ Cr) |
31,495 | 6,023 | 2,747 | 1,396 | 571 |
Net Profit (₹ Cr) |
3,878.56 | 1,418.35 | 224.40 | 347.48 | 73.59 |
Net Margin (%) |
12.05 | 23.39 | 7.95 | 24.66 | 12.55 |
RoE (%) |
25.65 | 35.09 | 14.08 | 49.43 | 9.08 |
Price to Earnings |
18.71 | 11.96 | 14.01 | 9.37 | 57.87 |
Price-To-Book |
4.31 | 3.87 | 1.91 | 4.19 | 4.38 |
Income Statement (₹ Cr)
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Operating Revenue
|
31,494.83 | 779.28 | 2,746.74 | 1,396.09 | 570.53 |
|
Total Income
|
32,188.62 | 962.06 | 2,822.91 | 1,409.18 | 586.40 |
|
Total Expenditure
|
25,214.80 | 817.05 | 2,260.05 | 889.61 | 417.19 |
|
EBITDA
|
6,280.03 | -37.77 | 486.69 | 506.48 | 153.34 |
|
Depreciation
|
1,245.14 | 21.55 | 93.80 | 83.89 | 39.62 |
|
EBIT
|
5,034.89 | -59.32 | 392.89 | 422.59 | 113.72 |
|
Interest
|
316.80 | 2.67 | 170.14 | 15.12 | 50.01 |
|
Other Income
|
693.79 | 182.78 | 76.17 | 13.09 | 15.87 |
|
Exceptional Items
|
-294.78 | 0.00 | 0.00 | -1.35 | 0.00 |
|
Profit before Tax
|
5,117.10 | 120.78 | 298.92 | 419.21 | 79.59 |
|
Provision for Tax
|
1,238.54 | 33.47 | 74.52 | 71.73 | 6.00 |
|
Profit after Tax
|
3,878.56 | 87.31 | 224.40 | 347.48 | 73.59 |
Liabilities (₹ Cr)
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
16,019.67 | 2,653.24 | 1,619.09 | 776.89 | 633.16 |
|
Minority Interest
|
-186.10 | 0.00 | -3.35 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
4,720.89 | 4.63 | 1,082.60 | 63.07 | 852.89 |
|
Current Liabilities
|
15,808.94 | 244.41 | 850.36 | 128.60 | 100.63 |
|
Total Liabilities
|
29,985.05 | -- | -- | -- | 1,118.87 |
Assets (₹ Cr)
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
16,201.34 | 2,561.14 | 2,185.63 | 436.51 | 1,221.29 |
|
Current Assets
|
19,351.68 | 318.77 | 1,194.70 | 462.40 | 300.61 |
|
Total Assets
|
29,985.05 | -- | -- | -- | 1,118.87 |
|
Total Debt*
|
2,970.80 | -- | -- | -- | 502.25 |
|
Net Current Assets
|
3,542.74 | 74.35 | 344.33 | 333.80 | 199.97 |
|
Contingent Liabilities
|
619.37 | -- | -- | -- | 478.83 |
Cashflow (₹ Cr)
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
1,626.95 | -- | -- | -- | 166.38 |
|
Cash Flow from Investing Activities
|
-3,953.18 | -- | -- | -- | -437.28 |
|
Cash from Financing Activities
|
2,573.11 | -- | -- | -- | 278.35 |
|
Net Cash Inflow / Outflow
|
246.88 | -- | -- | -- | 7.45 |
Ratios
Profitability Ratios
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
ROCE (%)
|
37.93 | -- | -- | -- | 15.60 |
|
ROE (%)
|
25.65 | 3.27 | 14.08 | 49.43 | 9.08 |
|
ROA (%)
|
12.42 | 4.61 | 6.41 | 71.75 | 5.84 |
|
EBIT Margin (%)
|
15.99 | -7.61 | 14.30 | 30.27 | 19.93 |
|
Net Margin (%)
|
12.05 | 9.08 | 7.95 | 24.66 | 12.55 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
75.43 | -51.96 | 57.78 | 97.39 | 14.26 |
|
EBIT Growth (%)
|
48.79 | -133.96 | 64.63 | 53.35 | 43.87 |
|
Net Profit Growth (%)
|
38.40 | -42.56 | 46.03 | 70.89 | 15.45 |
|
EPS Growth (%)
|
44.40 | -50.75 | 13.54 | -78.96 | -38.97 |
|
Book Value Growth (%)
|
52.49 | -- | -- | -- | 21.74 |
Valuation Ratios
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Price / Earnings
|
18.02 | 200.23 | 14.12 | 8.93 | 54.87 |
|
Price / Book Value
|
4.39 | 6.59 | 1.93 | 4.41 | 4.48 |
|
Dividend Yield (%)
|
0.16 | 0.40 | 0.00 | 0.35 | 0.00 |
|
EV/EBITDA
|
10.50 | -457.39 | 9.60 | 6.10 | 20.92 |
|
Market Cap (₹ Cr)
|
89,378.50 | -- | -- | -- | 2,136.33 |
Solvency Ratios
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.13 | 0.00 | 0.57 | 0.00 | 1.03 |
|
Short term debt to equity ratio
|
0.14 | -- | -- | -- | 0.00 |
|
Current Ratio
|
1.22 | 1.30 | 1.40 | 3.60 | 2.99 |
|
Quick Ratio
|
0.83 | 1.04 | 1.16 | 2.04 | 2.94 |
|
Interest Coverage
|
17.15 | 46.17 | 2.76 | 28.73 | 2.59 |
Operating Efficiency Ratios
| Waaree Energies | Emmvee Photovoltaic Power | TruAlt Bioenergy | Websol Energy | Ravindra Energy | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
7.80 | 6.73 | 13.37 | 3.76 | 9.36 |
|
Asset Turnover
|
1.01 | 0.41 | 0.79 | 2.88 | 0.45 |
|
Receivable days
|
24.38 | -- | -- | -- | 18.42 |
|
Inventory Days
|
58.79 | -- | -- | -- | 6.35 |
|
Payable days
|
57.12 | -- | -- | -- | -- |
|
Cash Conversion Cycle
|
26.05 | -- | -- | -- | -- |