THEJO vs WAAREEENER: Stock Comparison

Thejo Engineering Ltd vs Waaree Energies LtdUpdated 21 Aug 26, 4:08 PM ISTNSE & company filings

Waaree Energies Ltd is the larger company by market capitalisation. Thejo Engineering Ltd shows a higher dividend yield and lower leverage, while Waaree Energies Ltd shows a lower P/E, a higher ROE 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

THEJO leads 3; WAAREEENER leads 10 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.

THEJOWAAREEENER

Valuation lens

What price are you paying?

Market CapContext only
₹2,222 Cr
₹77,234 Cr
P/E RatioWAAREEENER has the lower reading
40.09x
20.2x
P/B RatioWAAREEENER has the lower reading
6.34x
5.34x
EPSWAAREEENER has the higher reading
₹51.6
₹133
Book ValueContext only
₹327
₹502
Dividend YieldTHEJO has the higher reading
0.24%
0.07%

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

Key Differences

Market Cap
WAAREEENER is the larger company
₹77,234 Cr vs ₹2,222 Cr
P/E Ratio
WAAREEENER has a lower P/E
20.2x vs 40.09x
P/B Ratio
WAAREEENER has a lower P/B
5.34x vs 6.34x
EPS
WAAREEENER has higher earnings per share
₹133 vs ₹51.6
Dividend Yield
THEJO has a higher dividend yield
0.24% vs 0.07%
Revenue Growth (TTM YoY)
WAAREEENER has faster revenue growth
111.8% vs 18.3%
EPS Growth (TTM YoY)
WAAREEENER has faster EPS growth
71.2% vs 4%
Qtr Sales Growth
WAAREEENER has stronger quarterly sales growth
79.2% vs 31%

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

Profile

MetricTHEJOWAAREEENER
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsOther Electrical Equipment

Price

MetricTHEJOWAAREEENER
Live Price₹2,057.8₹2,678.2
Day Change-2.07%0.12%
Volume11,0504.5 L
52-Week High₹2,286.6₹3,865
52-Week Low₹1,443.6₹2,403
Distance from 52W High-10.01%-30.71%

Valuation

MetricTHEJOWAAREEENER
Market Cap₹2,222 Cr₹77,234 Cr
P/E Ratio40.09x20.2x
P/B Ratio6.34x5.34x
EPS₹51.6₹133
Book Value₹327₹502
Dividend Yield0.24%0.07%

Growth

MetricTHEJOWAAREEENER
Revenue Growth (TTM YoY)18.3%111.8%
EPS Growth (TTM YoY)4%71.2%
Qtr Sales Growth31%79.2%
Qtr Profit Growth71.7%14.1%

Profitability & Leverage

MetricTHEJOWAAREEENER
ROE15.7%32.8%
ROCE19.4%38.8%
Net Margin7.79%14.25%
Operating Margin13.2%21.1%
Debt to Equity0.12x0.22x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricTHEJOWAAREEENER
Promoter Holding53.61%64.12% 0.07 pp
FII Holding0.85% 0.01 pp8.57% 1.52 pp
DII Holding3.38% 0.21 pp4.08% 0.24 pp
Public Holding42.17% 0.2 pp23.23% 1.21 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: Thejo Engineering Ltd and Waaree Energies 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.