WAAREEENER

Waaree Energies vs Peers

₹2,402.50+0.19%
Market cap
₹69,108 crore
P/E
18.1
P/B
4.79
ROE
31.0%
Dividend yield
0.08%

Waaree Energies ranks 2nd by market capitalisation among 15 Other Electrical Equipment companies tracked by ATS. Its largest peers are Apar Industries, Premier Energies and Mtar Technologies. Its P/E of 18.1 compares with a peer median of 35.0.

Waaree Energies vs Other Electrical Equipment peers

Sorted by market capitalisation.

Waaree Energies and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Apar Industries18,215.00+1.10%73,16761.913.5719.7%+12.5%
Waaree Energies2,402.50+0.19%69,10818.14.7931.0%+22.0%
Premier Energies911.25+0.47%41,12424.79.5542.4%+12.5%
Mtar Technologies7,821.00+1.33%24,057180.329.2512.1%+12.5%
Emmvee Photovoltaic Power306.00+3.20%21,18616.65.7351.1%+12.5%
Diamond Power Infrastructure371.50+0.87%19,57799.6-32.40-21.3%+12.5%
Avalon Technologies2,457.80+2.39%16,410122.822.7416.9%+12.5%
Fujiyama Power Systems435.65+4.01%13,34945.310.4836.4%+12.5%
Waaree Renewable Technologies816.60-1.13%8,52116.89.1268.9%+12.5%
Genus Power Infrastructures302.35-1.58%8,36512.83.7729.0%+12.5%
Vikram Solar149.02-1.64%5,39915.11.7021.3%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

Waaree Energies peer comparison — frequently asked questions

Who are Waaree Energies' competitors?

Waaree Energies' listed peers in Other Electrical Equipment include Apar Industries, Premier Energies, Mtar Technologies, Emmvee Photovoltaic Power, Diamond Power Infrastructure and Avalon Technologies, ranked here by market capitalisation.

How does Waaree Energies' P/E compare with its peers?

Waaree Energies trades at a P/E of 18.1, against a median of 35.0 across the 10 Other Electrical Equipment peers shown.

Which is the largest company among Waaree Energies' peers?

By market capitalisation, the largest company in the group is Apar Industries at ₹73,167 crore, against ₹69,108 crore for Waaree Energies.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.