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BALUFORGE vs WAAREERTL: Stock Comparison

BALU FORGE INDUSTRIES vs WAAREE RENEWABLE TECHUpdated 19 Oct 26, 4:08 PM ISTNSE & company filings

WAAREE RENEWABLE TECH is the larger company by market capitalisation. BALU FORGE INDUSTRIES shows a higher dividend yield and a higher net margin, while WAAREE RENEWABLE TECH shows a lower P/E, a higher ROE and faster revenue growth. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

BALUFORGE leads 4; WAAREERTL leads 6 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

BALUFORGEWAAREERTL

Valuation lens

What price are you paying?

Market CapContext only
₹5,589 Cr
₹8,679 Cr
P/E RatioWAAREERTL has the lower reading
20.14x
16.96x ✓
P/B RatioBALUFORGE has the lower reading
3.37x ✓
9.23x
EPSWAAREERTL has the higher reading
₹5.52
₹11.11 ✓
Book ValueContext only
₹133.23
₹89.49
Dividend YieldBALUFORGE has the higher reading
0.03% ✓
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
WAAREERTL is the larger company
₹8,679 Cr vs ₹5,589 Cr
P/E Ratio
WAAREERTL has a lower P/E
16.96x vs 20.14x
P/B Ratio
BALUFORGE has a lower P/B
3.37x vs 9.23x
EPS
WAAREERTL has higher earnings per share
₹11.11 vs ₹5.52
Dividend Yield
BALUFORGE has a higher dividend yield
0.03% vs 0%
Revenue Growth (TTM YoY)
WAAREERTL has faster revenue growth
131.2% vs -2.3%
EPS Growth (TTM YoY)
WAAREERTL has faster EPS growth
66.7% vs 12.4%
ROE
WAAREERTL has a higher ROE
51.26% vs 11.19%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricBALUFORGEWAAREERTL
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsOther Electrical Equipment

Price

MetricBALUFORGEWAAREERTL
Live Price₹469.45₹826.2
Day Change-2.34%-1.3%
Volume2.49 L3.44 L
52-Week High₹667₹1,358
52-Week Low₹341.05₹779.5
Distance from 52W High-29.62%-39.16%

Valuation

MetricBALUFORGEWAAREERTL
Market Cap₹5,589 Cr₹8,679 Cr
P/E Ratio20.14x16.96x
P/B Ratio3.37x9.23x
EPS₹5.52₹11.11
Book Value₹133.23₹89.49
Dividend Yield0.03%0%

Growth

MetricBALUFORGEWAAREERTL
Revenue Growth (TTM YoY)-2.3%131.2%
EPS Growth (TTM YoY)12.4%66.7%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricBALUFORGEWAAREERTL
ROE11.19%51.26%
ROCE11.74%51.77%
Net Margin23.38%15.04%
Operating Margin33.49%19.6%
Debt to Equity0.09x0.09x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricBALUFORGEWAAREERTL
Promoter Holding53.51%▼ 0.88 pp74.3%▼ 0.02 pp
FII Holding5.04%▼ 0.98 pp2.02%▲ 0.04 pp
DII Holding0.95%▲ 0.06 pp0.09%
Public Holding36.64%▲ 1.97 pp23.58%▼ 0.03 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: BALU FORGE INDUSTRIES and WAAREE RENEWABLE TECH.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.