Comparison · NSE · data 2026-11-03
Clean Max Enviro Energy Solutions Limited vs Waaree Renewable Technologies Ltd
In plain words
Size: Clean Max Enviro Energy Solutions Limited is about 2 times the market value of Waaree Renewable Technologies Ltd.
Return on equity: Waaree Renewable Technologies Ltd 68.9% vs Clean Max Enviro Energy Solutions Limited 2.6%.
Debt to equity: Clean Max Enviro Energy Solutions Limited 2.76 vs Waaree Renewable Technologies Ltd 0.16.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CLEANMAX | WAAREERTL | |
|---|---|---|
| Price | ₹1,252.5 | ₹704.05 |
| Market cap | ₹14,612 cr | ₹7,252 cr |
| P/E | — | 15.8 |
| P/B | — | 6.6 |
| ROE | 2.6% | 68.9% |
| ROCE | 5.5% | 82.0% |
| Debt / equity | 2.76 | 0.16 |
| Operating margin | — | 16.8% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 27.2% | 111.7% |
| Profit growth, 3 years (yearly) | — | 105.2% |
| 1-year return | 18.9% | -44.1% |
| Revenue, last 12 months | — | ₹3,936 cr |
| Net profit, last 12 months | — | ₹466 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹49 cr | ₹74 cr |
| Quarter profit vs a year earlier | — | -36.5% |
| Promoter holding | 49.28% | 74.30% |
| Health check | Average (5.9/10) | Strong (6.6/10) |
Common questions
Which earns a higher return on equity?
Waaree Renewable Technologies Ltd (68.9% against 2.6%).
Which carries more debt?
Clean Max Enviro Energy Solutions Limited has the higher debt-to-equity ratio (2.76 against 0.16).