THEJO vs WAAREERTL: Stock Comparison

Thejo Engineering Ltd 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. Thejo Engineering Ltd shows a higher dividend yield and lower leverage, while Waaree Renewable Technologies 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 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.

THEJOWAAREERTL

Valuation lens

What price are you paying?

Market CapContext only
₹2,222 Cr
₹9,156 Cr
P/E RatioWAAREERTL has the lower reading
40.09x
17.97x
P/B RatioTHEJO has the lower reading
6.34x
9.77x
EPSTHEJO has the higher reading
₹51.6
₹48.7
Book ValueContext only
₹327
₹89.5
Dividend YieldTHEJO has the higher reading
0.24%
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 ₹2,222 Cr
P/E Ratio
WAAREERTL has a lower P/E
17.97x vs 40.09x
P/B Ratio
THEJO has a lower P/B
6.34x vs 9.77x
EPS
THEJO has higher earnings per share
₹51.6 vs ₹48.7
Dividend Yield
THEJO has a higher dividend yield
0.24% vs 0.11%
Revenue Growth (TTM YoY)
WAAREERTL has faster revenue growth
131.2% vs 18.3%
EPS Growth (TTM YoY)
WAAREERTL has faster EPS growth
66.7% vs 4%
Qtr Sales Growth
WAAREERTL has stronger quarterly sales growth
53.2% vs 31%

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

Profile

MetricTHEJOWAAREERTL
SectorCapital GoodsCapital Goods
IndustryIndustrial ProductsOther Electrical Equipment

Price

MetricTHEJOWAAREERTL
Live Price₹2,057.8₹875.3
Day Change-2.07%-0.58%
Volume11,0501.05 L
52-Week High₹2,286.6₹1,358
52-Week Low₹1,443.6₹779.5
Distance from 52W High-10.01%-35.54%

Valuation

MetricTHEJOWAAREERTL
Market Cap₹2,222 Cr₹9,156 Cr
P/E Ratio40.09x17.97x
P/B Ratio6.34x9.77x
EPS₹51.6₹48.7
Book Value₹327₹89.5
Dividend Yield0.24%0.11%

Growth

MetricTHEJOWAAREERTL
Revenue Growth (TTM YoY)18.3%131.2%
EPS Growth (TTM YoY)4%66.7%
Qtr Sales Growth31%53.2%
Qtr Profit Growth71.7%34.1%

Profitability & Leverage

MetricTHEJOWAAREERTL
ROE15.7%68.9%
ROCE19.4%83.6%
Net Margin7.79%15.04%
Operating Margin13.2%19.1%
Debt to Equity0.12x0.16x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricTHEJOWAAREERTL
Promoter Holding53.61%74.32%
FII Holding0.85% 0.01 pp1.98% 0.13 pp
DII Holding3.38% 0.21 pp0.09%
Public Holding42.17% 0.2 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: Thejo Engineering Ltd 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.