NITIRAJ vs WAAREERTL: Stock Comparison
Waaree Renewable Technologies Ltd is the larger company by market capitalisation. Nitiraj Engineers Limited shows a lower P/E, a higher dividend yield and lower leverage, while Waaree Renewable Technologies Ltd shows a higher ROE, faster revenue growth and a higher ROCE. 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
NITIRAJ leads 4; WAAREERTL leads 9 of 13
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✓ 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 | NITIRAJ | WAAREERTL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Other Electrical Equipment | Other Electrical Equipment |
Price
| Metric | NITIRAJ | WAAREERTL |
|---|---|---|
| Live Price | ₹198.91 | ₹875.3 |
| Day Change | -2.7% | -0.58% |
| Volume | 819 | 1.05 L |
| 52-Week High | ₹236.98 | ₹1,358 |
| 52-Week Low | ₹168 | ₹779.5 |
| Distance from 52W High | -16.06% | -35.54% |
Valuation
| Metric | NITIRAJ | WAAREERTL |
|---|---|---|
| Market Cap | ₹200 Cr | ₹9,156 Cr |
| P/E Ratio | 0x | 17.97x |
| P/B Ratio | 0x | 9.77x |
| EPS | ₹1.02 | ₹48.7 |
| Book Value | ₹80.09 | ₹89.5 |
| Dividend Yield | 0.82% | 0.11% |
Growth
| Metric | NITIRAJ | WAAREERTL |
|---|---|---|
| Revenue Growth (TTM YoY) | -63.8% | 131.2% |
| EPS Growth (TTM YoY) | 0% | 66.7% |
| Qtr Sales Growth | -16.3% | 53.2% |
| Qtr Profit Growth | -100% | 34.1% |
Profitability & Leverage
| Metric | NITIRAJ | WAAREERTL |
|---|---|---|
| ROE | -0.35% | 68.9% |
| ROCE | 0.38% | 83.6% |
| Net Margin | 2.27% | 15.04% |
| Operating Margin | 7.57% | 19.1% |
| Debt to Equity | 0.05x | 0.16x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | NITIRAJ | WAAREERTL |
|---|---|---|
| Promoter Holding | 69.07% | 74.32% |
| FII Holding | 0% | 1.98%▲ 0.13 pp |
| DII Holding | 0% | 0.09% |
| Public Holding | 30.93% | 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: Nitiraj Engineers Limited and Waaree Renewable Technologies Ltd.
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.

