StoxWaaree Energies vs Apar Industries: share price & financials comparison
NSE: WAAREEENER vs APARINDS · Capital Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Waaree Energies vs Apar Industries at a glance
Waaree Energies (WAAREEENER) has a market capitalisation of ₹70,129 Cr, against ₹59,062 Cr for Apar Industries (APARINDS). Over the past year Apar Industries has returned +49.1%, compared with -29.9% for Waaree Energies. On valuation, Waaree Energies trades at a lower P/E of 26.6 versus 76.6. Waaree Energies earns a higher return on equity (16.5% vs 9.1%). Waaree Energies comes out ahead on size, valuation and profitability. Apar Industries comes out ahead on financial health, momentum and technicals. Across the scored metrics below, Waaree Energies leads on 8 and Apar Industries on 6. On StoxGud's 10-point checklist, Waaree Energies scores 4/10 and Apar Industries scores 5/10.
| Metric | Waaree Energies | Apar Industries |
|---|---|---|
| Size | ||
| Market cap | ₹70,129 Cr | ₹59,062 Cr |
| Revenue (latest FY) | ₹26,537 Cr | ₹22,902 Cr |
| Net profit (latest FY) | ₹3,711 Cr | ₹977 Cr |
| Valuation | ||
| P/E | 26.6 | 76.6 |
| P/B | 4.38 | 6.93 |
| Dividend yield | 0.08% | 0.35% |
| Profitability | ||
| Return on equity | 16.5% | 9.1% |
| Net profit margin | 8.4% | 3.0% |
| Operating margin | 19.9% | 9.4% |
| Growth | ||
| Revenue growth (YoY) | +23.9% | +21.3% |
| Net profit growth (YoY) | -14.7% | +77.7% |
| Revenue CAGR (multi-year) | — | +29.1% |
| Financial health | ||
| Debt to equity | 0.28 | 0.10 |
| Momentum | ||
| 1-month return | +1.5% | -22.3% |
| 1-year return | -29.9% | +49.1% |
| 3-year CAGR | — | +40.2% |
| 5-year CAGR | — | +83.7% |
| 10-year CAGR | — | +38.0% |
| Distance from 52W high | -30.4% | -25.5% |
| Technicals | ||
| RSI (14) | 39 | 34 |
| Price vs 200-day avg | -13.8% | +4.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Waaree Energies | Apar Industries |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✗ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✓ | ✗ |
| Score | 4/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Waaree Energies or Apar Industries?
Waaree Energies has a market cap of ₹70,129 Cr and Apar Industries has a market cap of ₹59,062 Cr as of 06 Nov 2026.
Which has a lower P/E, Waaree Energies or Apar Industries?
Waaree Energies has the lower P/E: Waaree Energies trades at 26.6 and Apar Industries at 76.6.
Which gave better returns in the last year, Waaree Energies or Apar Industries?
Apar Industries did better: Waaree Energies returned -29.9% and Apar Industries returned +49.1% over one year.
Is Waaree Energies or Apar Industries a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Waaree Energies scores 4/10 and Apar Industries scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.