Veer Energy Peer Comparison

BSE: 503657

₹12.95

₹0.03 (0.23%)

As on 12-Oct-2026IST

Market cap

₹19 Cr

Revenue (TTM)

₹6 Cr

P/E Ratio

49.4

P/B Ratio

0.3

Div. Yield

0 %

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	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Market cap (₹ Cr)	19	29,586	15,460	15,252	8,377
Revenue (₹ Cr)	6	2,370	719	1,913	3,652
Net Profit (₹ Cr)	0.39	602.41	40.46	85.58	511.22
Net Margin (%)	4.19	20.94	5.03	4.12	13.92
RoE (%)	0.61	11.98	1.20	2.43	63.82
Price to Earnings	49.43	49.03	382.06	162.02	16.49
Price-To-Book	0.31	3.69	2.98	3.31	7.96

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Operating Revenue	10.32	1,405.13	508.68	1,495.70	1,597.75
Total Income	13.66	1,575.24	569.78	1,611.77	1,612.55
Total Expenditure	12.71	169.67	84.10	594.52	1,286.85
EBITDA	-2.39	1,235.46	424.58	901.19	310.90
Depreciation	0.70	287.31	166.38	299.99	6.37
EBIT	-3.09	948.15	258.21	601.20	304.53
Interest	0.00	759.24	264.41	665.07	14.84
Other Income	3.34	170.11	61.10	116.07	14.80
Exceptional Items	-0.33	-20.98	--	-10.77	-4.02
Profit before Tax	0.25	338.04	54.90	59.75	300.48
Provision for Tax	0.06	87.22	18.42	40.32	71.55
Profit after Tax	0.18	250.82	36.48	19.43	228.92

Liabilities (₹ Cr)

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Shareholder's Funds	64.21	4,510.58	3,359.90	2,563.48	455.42
Minority Interest	--	-1.29	--	641.29	-0.46
Non-Current Liabilities	1.04	12,311.47	5,915.66	7,369.37	52.23
Current Liabilities	7.11	1,319.53	1,055.81	2,450.57	612.94
Total Liabilities	72.36	18,140.29	10,331.37	13,024.72	1,120.12

Assets (₹ Cr)

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Non-Current Assets	12.56	14,358.54	7,383.46	11,155.55	308.62
Current Assets	59.79	3,772.11	2,947.90	1,869.17	811.51
Total Assets	72.36	18,140.29	10,331.37	13,024.72	1,120.12
Total Debt*	0.00	10,422.70	5,502.53	7,973.70	27.37
Net Current Assets	52.69	2,452.58	1,892.09	-581.40	198.57
Contingent Liabilities	0.26	531.63	1,897.28	871.87	36.98

Cashflow (₹ Cr)

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Cash From Operating Activities	-4.59	1,543.02	365.07	1,404.20	302.70
Cash Flow from Investing Activities	1.17	-3,976.13	-4,182.82	-3,617.05	-236.93
Cash from Financing Activities	0.00	3,408.23	4,071.22	2,481.24	-48.57
Net Cash Inflow / Outflow	-3.42	975.11	253.47	268.39	17.20

Ratios

Profitability Ratios

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
ROCE (%)	0.39	8.53	4.81	8.11	81.92
ROE (%)	0.29	7.80	1.48	0.91	65.52
ROA (%)	0.26	1.60	0.48	0.18	24.96
EBIT Margin (%)	9.21	100.03	95.48	68.01	20.39
Net Margin (%)	1.35	15.92	6.40	1.21	14.20
Cash Profit Margin (%)	8.56	38.30	39.88	21.36	14.73

Growth Ratios

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Revenue Growth (%)	19.75	6.51	29.91	7.62	82.29
EBIT Growth (%)	-31.54	13.70	30.97	37.11	54.12
Net Profit Growth (%)	-44.02	-64.05	-8.95	149.88	57.64
EPS Growth (%)	-44.03	-93.76	-46.94	177.93	57.56
Book Value Growth (%)	0.30	131.16	112.43	38.40	85.35

Valuation Ratios

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Price / Earnings	134.70	46.08	0.00	0.00	41.29
Price / Book Value	0.39	2.59	0.00	0.00	20.85
Dividend Yield (%)	0.00	0.10	--	--	0.11
EV/EBITDA	25.97	13.61	6.87	6.67	28.54
Market Cap (₹ Cr)	24.84	11,617.76	0.00	0.00	9,461.86

Solvency Ratios

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Debt to Equity	0.00	2.32	1.64	3.22	0.06
Short term debt to equity ratio	--	0.04	0.10	0.04	0.04
Current Ratio	8.41	2.86	2.79	0.76	1.32
Quick Ratio	5.85	2.86	2.79	0.74	1.31
Interest Coverage	100.68	1.45	1.21	1.09	21.25

Operating Efficiency Ratios

	Veer Energy	ACME Solar Holdings	Juniper Green Energy	Clean Max Enviro Energy Solutions	Waaree Renewable
Debtors to sales (%)	27.85	27.10	14.23	12.57	31.15
Asset Turnover	0.14	0.09	0.07	0.14	1.74
Receivable days	99.30	104.13	48.42	53.67	99.41
Inventory Days	692.03	1.02	0.00	11.23	4.07
Payable days	377.55	--	--	--	78.86
Cash Conversion Cycle	413.78	--	--	--	24.62

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