Waaree Renewable Technologies vs Peers
- Market cap
- ₹8,521 crore
- P/E
- 16.8
- P/B
- 9.12
- ROE
- 68.9%
- Dividend yield
- 1.20%
Waaree Renewable Technologies ranks 9th by market capitalisation among 15 Other Electrical Equipment companies tracked by ATS. Its largest peers are Apar Industries, Waaree Energies and Premier Energies. Its P/E of 16.8 compares with a peer median of 35.0.
Waaree Renewable Technologies vs Other Electrical Equipment peers
Sorted by market capitalisation.
| Company | Close (₹) | 1D | Market cap (₹ cr) | P/E | P/B | ROE | 1Y return |
|---|---|---|---|---|---|---|---|
| Apar Industries | 18,215.00 | +1.10% | 73,167 | 61.9 | 13.57 | 19.7% | +12.5% |
| Waaree Energies | 2,402.50 | +0.19% | 69,108 | 18.1 | 4.79 | 31.0% | +12.5% |
| Premier Energies | 911.25 | +0.47% | 41,124 | 24.7 | 9.55 | 42.4% | +12.5% |
| Mtar Technologies | 7,821.00 | +1.33% | 24,057 | 180.3 | 29.25 | 12.1% | +12.5% |
| Emmvee Photovoltaic Power | 306.00 | +3.20% | 21,186 | 16.6 | 5.73 | 51.1% | +12.5% |
| Diamond Power Infrastructure | 371.50 | +0.87% | 19,577 | 99.6 | -32.40 | -21.3% | +12.5% |
| Avalon Technologies | 2,457.80 | +2.39% | 16,410 | 122.8 | 22.74 | 16.9% | +12.5% |
| Fujiyama Power Systems | 435.65 | +4.01% | 13,349 | 45.3 | 10.48 | 36.4% | +12.5% |
| Waaree Renewable Technologies | 816.60 | -1.13% | 8,521 | 16.8 | 9.12 | 68.9% | — |
| Genus Power Infrastructures | 302.35 | -1.58% | 8,365 | 12.8 | 3.77 | 29.0% | +12.5% |
| Vikram Solar | 149.02 | -1.64% | 5,399 | 15.1 | 1.70 | 21.3% | +12.5% |
Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.
Waaree Renewable Technologies peer comparison — frequently asked questions
Who are Waaree Renewable Technologies' competitors?
Waaree Renewable Technologies' listed peers in Other Electrical Equipment include Apar Industries, Waaree Energies, Premier Energies, Mtar Technologies, Emmvee Photovoltaic Power and Diamond Power Infrastructure, ranked here by market capitalisation.
How does Waaree Renewable Technologies' P/E compare with its peers?
Waaree Renewable Technologies trades at a P/E of 16.8, against a median of 35.0 across the 10 Other Electrical Equipment peers shown.
Which is the largest company among Waaree Renewable Technologies' peers?
By market capitalisation, the largest company in the group is Apar Industries at ₹73,167 crore, against ₹8,521 crore for Waaree Renewable Technologies.
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.