NIBE vs WAAREERTL: Stock Comparison

NIBE 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. NIBE 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

NIBE leads 5; WAAREERTL leads 8 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.

NIBEWAAREERTL

Valuation lens

What price are you paying?

Market CapContext only
₹2,281 Cr
₹9,156 Cr
P/E RatioNIBE has the lower reading
-281.9x
17.97x
P/B RatioNIBE has the lower reading
6.35x
9.77x
EPSWAAREERTL has the higher reading
₹3.41
₹48.7
Book ValueContext only
₹239.66
₹89.5
Dividend YieldWAAREERTL has the higher reading
0.08%
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 ₹2,281 Cr
P/E Ratio
NIBE has a lower P/E
-281.9x vs 17.97x
P/B Ratio
NIBE has a lower P/B
6.35x vs 9.77x
EPS
WAAREERTL has higher earnings per share
₹48.7 vs ₹3.41
Dividend Yield
WAAREERTL has a higher dividend yield
0.11% vs 0.08%
Revenue Growth (TTM YoY)
WAAREERTL has faster revenue growth
131.2% vs 130.5%
EPS Growth (TTM YoY)
NIBE has faster EPS growth
194% vs 66.7%
Qtr Sales Growth
NIBE has stronger quarterly sales growth
130% vs 53.2%

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

Profile

MetricNIBEWAAREERTL
SectorCapital GoodsCapital Goods
IndustryAerospace & DefenseOther Electrical Equipment

Price

MetricNIBEWAAREERTL
Live Price₹1,490.8₹875.3
Day Change-0.85%-0.58%
Volume92,6091.05 L
52-Week High₹1,848₹1,358
52-Week Low₹809.6₹779.5
Distance from 52W High-19.33%-35.54%

Valuation

MetricNIBEWAAREERTL
Market Cap₹2,281 Cr₹9,156 Cr
P/E Ratio-281.9x17.97x
P/B Ratio6.35x9.77x
EPS₹3.41₹48.7
Book Value₹239.66₹89.5
Dividend Yield0.08%0.11%

Growth

MetricNIBEWAAREERTL
Revenue Growth (TTM YoY)130.5%131.2%
EPS Growth (TTM YoY)194%66.7%
Qtr Sales Growth130%53.2%
Qtr Profit Growth283%34.1%

Profitability & Leverage

MetricNIBEWAAREERTL
ROE1.94%68.9%
ROCE4.79%83.6%
Net Margin1.19%15.04%
Operating Margin9.43%19.1%
Debt to Equity0.34x0.16x

Shareholding

As of Jul 2026 • change vs previous quarter
MetricNIBEWAAREERTL
Promoter Holding51.46% 0.81 pp74.32%
FII Holding11.47% 0.88 pp1.98% 0.13 pp
DII Holding0.58% 0.03 pp0.09%
Public Holding36.49% 0.11 pp23.61% 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: NIBE 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.