EMMVEE vs WAAREERTL: Stock Comparison

Emmvee Photovoltaic Power Limited vs Waaree Renewable Technologies Ltd

Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings

Emmvee Photovoltaic Power Limited is the larger company by market capitalisation. Emmvee Photovoltaic Power Limited shows a lower P/E, lower leverage and a higher net margin, 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.

Side-by-side comparison of Emmvee Photovoltaic Power Limited and Waaree Renewable Technologies Ltd on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.

On standard readings, EMMVEE is more favourable on 7 of 13 scored metrics and WAAREERTL on 6These counts are context-free and are not an overall rating.

Key Differences

Market Cap
EMMVEE is the larger company
₹22,917 Cr vs ₹9,736 Cr
P/E Ratio
EMMVEE has a lower P/E
17.97x vs 19.49x
P/B Ratio
EMMVEE has a lower P/B
6.2x vs 10.6x
EPS
WAAREERTL has higher earnings per share
₹48.7 vs ₹18.1
Dividend Yield
WAAREERTL has a higher dividend yield
0.11% vs 0%
Revenue Growth (TTM YoY)
WAAREERTL has faster revenue growth
131.2% vs 62.3%
EPS Growth (TTM YoY)
WAAREERTL has faster EPS growth
66.7% vs 62.5%
Qtr Sales Growth
EMMVEE has stronger quarterly sales growth
62.2% vs 53.2%

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

Profile

MetricEMMVEEWAAREERTL
SectorCapital GoodsCapital Goods
IndustryOther Electrical EquipmentOther Electrical Equipment

Price

MetricEMMVEEWAAREERTL
Live Price₹331₹932
Day Change3.52%-1.21%
Volume27.62 L2.76 L
52-Week High₹371.55₹1,358
52-Week Low₹171.51₹779.5
Distance from 52W High-10.91%-31.37%

Valuation

MetricEMMVEEWAAREERTL
Market Cap₹22,917 Cr₹9,736 Cr
P/E Ratio17.97x19.49x
P/B Ratio6.2x10.6x
EPS₹18.1₹48.7
Book Value₹53.39₹89.5
Dividend Yield0%0.11%

Growth

MetricEMMVEEWAAREERTL
Revenue Growth (TTM YoY)62.3%131.2%
EPS Growth (TTM YoY)62.5%66.7%
Qtr Sales Growth62.2%53.2%
Qtr Profit Growth89.4%34.1%

Profitability & Leverage

MetricEMMVEEWAAREERTL
ROE51.1%68.9%
ROCE44.8%83.6%
Net Margin21.44%15.04%
Operating Margin34.3%19.1%
Debt to Equity0.1x0.16x

Shareholding

As of Mar 2026 • change vs previous quarter
MetricEMMVEEWAAREERTL
Promoter Holding80.03%74.32%
FII Holding2.45% 1.52 pp1.85% 0.15 pp
DII Holding12.28% 0.29 pp0.09% 0.04 pp
Public Holding5.23% 1.8 pp23.73% 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: Emmvee Photovoltaic Power 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.