GRE Renew Enertech Peer Comparison

BSE: 544682

₹220.00

₹0.10 (0.05%)

As on 04-Nov-2026 15:32IST

Market cap

₹314 Cr

Revenue (TTM)

₹123 Cr

P/E Ratio

23.2

P/B Ratio

3.9

Div. Yield

0 %

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	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Market cap (₹ Cr)	314	29,600	14,644	14,253	7,559
Revenue (₹ Cr)	123	2,789	1,913	719	3,936
Net Profit (₹ Cr)	13.58	756.01	85.58	40.46	476.36
Net Margin (%)	10.79	23.03	4.12	5.03	12.03
RoE (%)	24.49	11.12	2.43	1.20	45.38
Price to Earnings	23.15	39.11	81.98	352.25	16.23
Price-To-Book	3.95	3.54	3.18	2.73	6.76

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Operating Revenue	122.92	2,023.38	1,912.87	718.93	3,331.42
Total Income	125.78	2,507.08	2,077.93	804.93	3,351.85
Total Expenditure	106.61	241.90	781.77	112.74	2,690.33
EBITDA	16.31	1,781.48	1,131.10	606.19	641.10
Depreciation	0.72	467.90	379.91	236.86	8.62
EBIT	15.60	1,313.57	751.19	369.33	632.47
Interest	0.36	1,123.13	787.51	400.13	13.29
Other Income	2.86	483.70	165.06	86.00	20.43
Exceptional Items	--	2.68	--	--	--
Profit before Tax	18.09	676.82	134.98	55.19	639.61
Provision for Tax	4.52	178.94	49.40	14.73	160.97
Profit after Tax	13.58	497.89	85.58	40.46	478.64

Liabilities (₹ Cr)

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Shareholder's Funds	79.65	5,061.48	4,638.27	3,423.88	934.35
Minority Interest	--	-1.31	885.27	--	-0.52
Non-Current Liabilities	2.59	19,865.01	11,900.00	12,165.72	111.10
Current Liabilities	23.85	3,220.16	5,129.21	3,910.47	1,328.87
Total Liabilities	106.09	28,145.34	22,555.04	19,500.07	2,373.79

Assets (₹ Cr)

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Non-Current Assets	29.91	21,159.60	19,147.63	15,717.20	584.16
Current Assets	76.18	6,976.16	3,405.12	3,782.87	1,789.63
Total Assets	106.09	28,145.34	22,555.04	19,500.07	2,373.79
Total Debt*	1.80	18,988.05	12,400.34	12,920.54	81.67
Net Current Assets	52.33	3,756.00	-1,724.10	-127.60	460.76
Contingent Liabilities	2.26	202.63	1,232.86	2,210.51	38.02

Cashflow (₹ Cr)

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Cash From Operating Activities	4.56	1,248.59	1,731.24	469.99	286.95
Cash Flow from Investing Activities	-15.33	-7,317.38	-5,957.47	-6,509.77	-264.48
Cash from Financing Activities	34.87	7,015.46	5,095.40	6,866.20	22.55
Net Cash Inflow / Outflow	24.10	946.67	869.17	826.42	45.02

Ratios

Profitability Ratios

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
ROCE (%)	32.31	9.23	6.69	3.61	87.12
ROE (%)	24.49	10.53	2.43	1.20	69.02
ROA (%)	17.92	2.15	0.48	0.27	27.40
EBIT Margin (%)	15.60	111.95	67.76	96.28	19.86
Net Margin (%)	10.79	19.86	4.12	5.03	14.28
Cash Profit Margin (%)	11.63	47.73	24.33	38.57	14.63

Growth Ratios

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Revenue Growth (%)	46.83	44.00	27.89	41.33	108.51
EBIT Growth (%)	89.10	61.16	27.42	42.52	103.10
Net Profit Growth (%)	93.31	98.50	340.46	10.93	109.08
EPS Growth (%)	42.33	97.80	192.92	10.92	108.69
Book Value Growth (%)	155.13	10.82	84.05	1.19	105.55

Valuation Ratios

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Price / Earnings	10.00	31.73	95.61	0.00	17.05
Price / Book Value	1.70	3.18	1.98	0.00	8.75
Dividend Yield (%)	0.00	0.08	0.00	--	0.00
EV/EBITDA	5.57	12.65	14.75	14.52	11.92
Market Cap (₹ Cr)	135.73	15,830.92	8,999.88	0.00	8,162.98

Solvency Ratios

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Debt to Equity	0.02	3.82	2.72	3.80	0.09
Short term debt to equity ratio	0.00	0.13	0.14	0.37	0.06
Current Ratio	3.19	2.17	0.66	0.97	1.35
Quick Ratio	2.71	2.16	0.66	0.97	1.26
Interest Coverage	50.59	1.60	1.17	1.14	49.13

Operating Efficiency Ratios

	GRE Renew Enertech	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Juniper Green Energy	Waaree Renewable
Debtors to sales (%)	7.97	16.45	14.53	15.57	35.18
Asset Turnover	1.62	0.09	0.11	0.05	1.91
Receivable days	27.88	64.38	44.45	46.79	91.47
Inventory Days	23.37	1.92	8.78	0.00	6.75
Payable days	31.10	--	--	--	71.10
Cash Conversion Cycle	20.14	--	--	--	27.12