Comparison · NSE · data 2026-11-01
Emmvee Photovoltaic Power Limited vs WAAREE Energies Limited
In plain words
Size: WAAREE Energies Limited is about 4.2 times the market value of Emmvee Photovoltaic Power Limited.
Valuation (P/E): WAAREE Energies Limited 18 vs Emmvee Photovoltaic Power Limited 11.2.
Return on equity: Emmvee Photovoltaic Power Limited 51.1% vs WAAREE Energies Limited 31%.
Profit growth over 3 years: Emmvee Photovoltaic Power Limited 394.6% a year vs WAAREE Energies Limited 97.4% a year.
Debt to equity: WAAREE Energies Limited 0.22 vs Emmvee Photovoltaic Power Limited 0.1.
Differences in the numbers, not a recommendation of either stock.
Side by side
| EMMVEE | WAAREEENER | |
|---|---|---|
| Price | ₹229 | ₹2,304 |
| Market cap | ₹15,855 cr | ₹66,160 cr |
| P/E | 11.2 | 18 |
| P/B | 3.6 | 4.1 |
| ROE | 51.1% | 31.0% |
| ROCE | 43.3% | 31.3% |
| Debt / equity | 0.1 | 0.22 |
| Operating margin | 29.4% | 16.0% |
| Dividend yield | 0.44% | 0.17% |
| Sales growth, 3 years (yearly) | 101.4% | 56.8% |
| Profit growth, 3 years (yearly) | 394.6% | 97.4% |
| 1-year return | 5.5% | -33.7% |
| Revenue, last 12 months | ₹6,023 cr | ₹31,495 cr |
| Net profit, last 12 months | ₹1,418 cr | ₹3,692 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹382 cr | ₹719 cr |
| Quarter profit vs a year earlier | +60.6% | -14.7% |
| Promoter holding | 80.03% | 64.12% |
| Health check | Strong (8.4/10) | Strong (6.9/10) |
Common questions
Which has a higher P/E, Emmvee Photovoltaic Power Limited or WAAREE Energies Limited?
WAAREE Energies Limited trades at the higher P/E (18 against 11.2). 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?
Emmvee Photovoltaic Power Limited (51.1% against 31.0%).
Which carries more debt?
WAAREE Energies Limited has the higher debt-to-equity ratio (0.22 against 0.1).