Comparison · NSE · data 2026-11-01
APAR Industries Limited vs WAAREE Energies Limited
In plain words
Size: WAAREE Energies Limited is about 1 times the market value of APAR Industries Limited.
Valuation (P/E): APAR Industries Limited 46 vs WAAREE Energies Limited 18.
Return on equity: WAAREE Energies Limited 31% vs APAR Industries Limited 19.7%.
Profit growth over 3 years: WAAREE Energies Limited 97.4% a year vs APAR Industries Limited 15.3% a year.
Debt to equity: WAAREE Energies Limited 0.22 vs APAR Industries Limited 0.18.
Differences in the numbers, not a recommendation of either stock.
Side by side
| APARINDS | WAAREEENER | |
|---|---|---|
| Price | ₹15,678 | ₹2,304 |
| Market cap | ₹65,741 cr | ₹66,160 cr |
| P/E | 46 | 18 |
| P/B | 7.7 | 4.1 |
| ROE | 19.7% | 31.0% |
| ROCE | 32.3% | 31.3% |
| Debt / equity | 0.18 | 0.22 |
| Operating margin | 8.8% | 16.0% |
| Dividend yield | 0.38% | 0.17% |
| Sales growth, 3 years (yearly) | 16.9% | 56.8% |
| Profit growth, 3 years (yearly) | 15.3% | 97.4% |
| 1-year return | 63.6% | -33.7% |
| Revenue, last 12 months | ₹25,605 cr | ₹31,495 cr |
| Net profit, last 12 months | ₹1,377 cr | ₹3,692 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹447 cr | ₹719 cr |
| Quarter profit vs a year earlier | +77.7% | -14.7% |
| Promoter holding | 55.42% | 64.12% |
| Health check | Strong (7/10) | Strong (6.9/10) |
Common questions
Which has a higher P/E, APAR Industries Limited or WAAREE Energies Limited?
APAR Industries Limited trades at the higher P/E (46 against 18). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
WAAREE Energies Limited (31.0% against 19.7%).
Which carries more debt?
WAAREE Energies Limited has the higher debt-to-equity ratio (0.22 against 0.18).