ELGIRUBCO vs WAAREERTL: Stock Comparison

Elgi Rubber Company Limited vs Waaree Renewable Technologies LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Waaree Renewable Technologies Ltd is the larger company by market capitalisation. Elgi Rubber Company Limited shows a lower P/E, while Waaree Renewable Technologies Ltd shows a higher ROE, a higher dividend yield 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

ELGIRUBCO leads 2; WAAREERTL leads 11 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.

ELGIRUBCOWAAREERTL

Valuation lens

What price are you paying?

Market CapContext only
₹297 Cr
₹9,156 Cr
P/E RatioELGIRUBCO has the lower reading
-1.52x
17.97x
P/B RatioELGIRUBCO has the lower reading
3.96x
9.77x
EPSWAAREERTL has the higher reading
₹-48
₹48.7
Book ValueContext only
₹15.12
₹89.5
Dividend YieldWAAREERTL has the higher reading
0%
0.11%

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

Key Differences

Market Cap
WAAREERTL is the larger company
₹9,156 Cr vs ₹297 Cr
P/E Ratio
ELGIRUBCO has a lower P/E
-1.52x vs 17.97x
P/B Ratio
ELGIRUBCO has a lower P/B
3.96x vs 9.77x
EPS
WAAREERTL has higher earnings per share
₹48.7 vs ₹-48
Dividend Yield
WAAREERTL has a higher dividend yield
0.11% vs 0%
Revenue Growth (TTM YoY)
WAAREERTL has faster revenue growth
131.2% vs -11.2%
EPS Growth (TTM YoY)
WAAREERTL has faster EPS growth
66.7% vs 0%
Qtr Sales Growth
WAAREERTL has stronger quarterly sales growth
53.2% vs -11.2%

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

Profile

MetricELGIRUBCOWAAREERTL
SectorCapital GoodsCapital Goods
IndustryRubberOther Electrical Equipment

Price

MetricELGIRUBCOWAAREERTL
Live Price₹60.07₹875.3
Day Change1.47%-0.58%
Volume40,8181.05 L
52-Week High₹90.5₹1,358
52-Week Low₹32.72₹779.5
Distance from 52W High-33.62%-35.54%

Valuation

MetricELGIRUBCOWAAREERTL
Market Cap₹297 Cr₹9,156 Cr
P/E Ratio-1.52x17.97x
P/B Ratio3.96x9.77x
EPS₹-48₹48.7
Book Value₹15.12₹89.5
Dividend Yield0%0.11%

Growth

MetricELGIRUBCOWAAREERTL
Revenue Growth (TTM YoY)-11.2%131.2%
EPS Growth (TTM YoY)0%66.7%
Qtr Sales Growth-11.2%53.2%
Qtr Profit Growth-180%34.1%

Profitability & Leverage

MetricELGIRUBCOWAAREERTL
ROE-67.5%68.9%
ROCE-12.9%83.6%
Net Margin-65.55%15.04%
Operating Margin-16.8%19.1%
Debt to Equity4.13x0.16x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricELGIRUBCOWAAREERTL
Promoter Holding65.03%74.32%
FII Holding0%1.98% 0.13 pp
DII Holding0.94%0.09%
Public Holding31.67%23.61% 0.12 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: Elgi Rubber Company Limited and Waaree Renewable Technologies Ltd.

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.