MEIL vs WAAREEENER: Stock Comparison
WAAREE ENERGIES is the larger company by market capitalisation. MANGAL ELECTRICAL IND L shows a lower P/E and lower leverage, while WAAREE ENERGIES 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
MEIL leads 3; WAAREEENER leads 8 of 13
Interactive comparison
Compare the numbers that shape the decision
Every row uses its own scale. Switch lenses to compare like with like.
Valuation lens
What price are you paying?
✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | MEIL | WAAREEENER |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Other Electrical Equipment | Other Electrical Equipment |
Price
| Metric | MEIL | WAAREEENER |
|---|---|---|
| Live Price | ₹273.6 | ₹2,515 |
| Day Change | -2.36% | -1.96% |
| Volume | 29,472 | 8.78 L |
| 52-Week High | ₹488.1 | ₹3,643 |
| 52-Week Low | ₹206.26 | ₹2,281.8 |
| Distance from 52W High | -43.95% | -30.96% |
Valuation
| Metric | MEIL | WAAREEENER |
|---|---|---|
| Market Cap | ₹761 Cr | ₹72,290 Cr |
| P/E Ratio | 16.21x | 18.94x |
| P/B Ratio | 1.29x | 5.01x |
| EPS | ₹2.72 | ₹29.56 |
| Book Value | ₹213.67 | ₹521.84 |
| Dividend Yield | 0% | 0.16% |
Growth
| Metric | MEIL | WAAREEENER |
|---|---|---|
| Revenue Growth (TTM YoY) | 0% | 111.8% |
| EPS Growth (TTM YoY) | 0% | 71.2% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | MEIL | WAAREEENER |
|---|---|---|
| ROE | 7.31% | 28.66% |
| ROCE | 8.2% | 27.02% |
| Net Margin | 7.45% | 14.25% |
| Operating Margin | 12.03% | 24.61% |
| Debt to Equity | 0.08x | 0.14x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | MEIL | WAAREEENER |
|---|---|---|
| Promoter Holding | 74.79% | 64.12% |
| FII Holding | 0.08%▼ 1.2 pp | 8.57% |
| DII Holding | 3.57%▼ 0.73 pp | 4.09%▲ 0.01 pp |
| Public Holding | 21.55%▲ 1.91 pp | 23.22%▼ 0.01 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: MANGAL ELECTRICAL IND L and WAAREE ENERGIES.
Related Comparisons
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.

