Veer Energy Peer Comparison

BSE: 503657

₹13.83

₹-0.47 (-3.29%)

As on 28-Aug-2026IST

Market cap

₹21 Cr

Revenue (TTM)

₹6 Cr

P/E Ratio

52.8

P/B Ratio

0.3

Div. Yield

0 %

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	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Market cap (₹ Cr)	21	27,798	14,665	9,174	6,214
Revenue (₹ Cr)	6	2,370	1,913	3,652	2,787
Net Profit (₹ Cr)	0.39	602.41	85.58	511.22	492.55
Net Margin (%)	4.19	20.94	4.12	13.92	17.36
RoE (%)	0.61	11.98	2.43	63.82	16.05
Price to Earnings	52.79	46.07	155.79	18.05	13.57
Price-To-Book	0.33	3.43	3.18	8.71	2.06

Income Statement (₹ Cr)

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Operating Revenue	10.32	1,405.13	1,495.70	1,597.75	1,735.45
Total Income	13.66	1,575.24	1,611.77	1,612.55	1,755.16
Total Expenditure	12.71	169.67	594.52	1,286.85	1,171.68
EBITDA	-2.39	1,235.46	901.19	310.90	563.77
Depreciation	0.70	287.31	299.99	6.37	60.51
EBIT	-3.09	948.15	601.20	304.53	503.26
Interest	0.00	759.24	665.07	14.84	79.45
Other Income	3.34	170.11	116.07	14.80	19.70
Exceptional Items	-0.33	-20.98	-10.77	-4.02	-2.60
Profit before Tax	0.25	338.04	59.75	300.48	440.91
Provision for Tax	0.06	87.22	40.32	71.55	115.63
Profit after Tax	0.18	250.82	19.43	228.92	325.28

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Shareholder's Funds	64.21	4,510.58	2,563.48	455.42	2,423.37
Minority Interest	--	-1.29	641.29	-0.46	206.42
Non-Current Liabilities	1.04	12,311.47	7,369.37	52.23	1,366.50
Current Liabilities	7.11	1,319.53	2,450.57	612.94	795.73
Total Liabilities	72.36	18,140.29	13,024.72	1,120.12	4,792.03

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Non-Current Assets	12.56	14,358.54	11,155.55	308.62	2,598.37
Current Assets	59.79	3,772.11	1,869.17	811.51	2,193.66
Total Assets	72.36	18,140.29	13,024.72	1,120.12	4,792.03
Total Debt*	0.00	10,422.70	7,973.70	27.37	1,125.48
Net Current Assets	52.69	2,452.58	-581.40	198.57	1,397.93
Contingent Liabilities	0.26	549.26	871.87	3.70	0.88

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Cash From Operating Activities	-4.59	1,543.02	1,404.20	302.70	207.73
Cash Flow from Investing Activities	1.17	-3,976.13	-3,617.05	-236.93	-1,586.90
Cash from Financing Activities	0.00	3,408.23	2,481.24	-48.57	1,806.63
Net Cash Inflow / Outflow	-3.42	975.11	268.39	17.20	427.46

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
ROCE (%)	0.39	8.53	8.11	81.92	19.95
ROE (%)	0.29	7.80	0.91	65.52	20.10
ROA (%)	0.26	1.60	0.18	24.96	9.00
EBIT Margin (%)	9.21	100.03	68.01	20.39	33.62
Net Margin (%)	1.35	15.92	1.21	14.20	18.53
Cash Profit Margin (%)	8.56	38.30	21.36	14.73	22.23

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Revenue Growth (%)	19.75	6.51	7.62	82.29	69.49
EBIT Growth (%)	-31.54	13.70	37.11	54.12	69.73
Net Profit Growth (%)	-44.02	-64.05	149.88	57.64	101.21
EPS Growth (%)	-44.03	-93.76	177.93	57.56	81.58
Book Value Growth (%)	0.30	131.16	38.40	85.35	187.35

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Price / Earnings	134.70	46.08	0.00	41.29	25.19
Price / Book Value	0.39	2.59	0.00	20.85	3.35
Dividend Yield (%)	0.00	0.10	--	0.11	0.20
EV/EBITDA	25.97	13.61	6.67	28.54	14.70
Market Cap (₹ Cr)	24.84	11,617.76	0.00	9,461.86	8,050.94

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Debt to Equity	0.00	2.32	3.22	0.06	0.47
Short term debt to equity ratio	--	0.04	0.04	0.04	0.10
Current Ratio	8.41	2.86	0.76	1.32	2.76
Quick Ratio	5.85	2.86	0.74	1.31	2.17
Interest Coverage	100.68	1.45	1.09	21.25	6.55

	Veer Energy	ACME Solar Holdings	Clean Max Enviro Energy Solutions	Waaree Renewable	KPI Green Energy
Debtors to sales (%)	27.85	27.10	12.57	31.15	33.31
Asset Turnover	0.14	0.09	0.14	1.74	0.48
Receivable days	99.30	104.13	53.67	99.41	105.71
Inventory Days	692.03	1.02	11.23	4.07	84.13
Payable days	377.55	--	--	78.86	167.00
Cash Conversion Cycle	413.78	--	--	24.62	22.84

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.