Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Capital Goods - Solar Stocks in India

Capital Goods - Solar: Waaree Energies Ltd owns the largest revenue base AND the fastest current growth.

Nifty Capital Goods - Solar Index — Constituents & Performance

The Capital Goods - Solar companies below are the listed Indian Capital Goods - Solar universe this page tracks — the same constituent set people search for as the Nifty Capital Goods - Solar index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

The sector itself · before any single company

How has Capital Goods - Solar moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 17% ahead of NIFTY 500. Earnings across its companies grew 56% on average over the last four reported quarters.

ASLEEP · 1y −24.5%✓Price and the fundamentals both up0 of 6 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 2/6 >200d (+0) · 0/6 lead (−2) · EPS 5/5↑

200500100020005000202620252024202320222021 4855336 TRAILING 12-MONTH EPS · 100 AT THE START0100242Mar 24Mar 25Sep 25Mar 26Mar 2024 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2024 · trailing 12-month earnings per share at 101, against 100 at the start · down 98.8% on a year ago · 3 reportingMar 2025 · trailing 12-month earnings per share at 108, against 100 at the start · up 153.9% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 152, against 100 at the start · up 45.4% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 150, against 100 at the start · up 64.4% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 242, against 100 at the start · up 49.7% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 206, against 100 at the start · up 63.8% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two206 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
200500100020005000202620252024202320222021 4855336 TRAILING 12-MONTH EPS · 100 AT THE START0100242Mar 25Mar 26Mar 2024 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2024 · trailing 12-month earnings per share at 101, against 100 at the start · down 98.8% on a year ago · 3 reportingMar 2025 · trailing 12-month earnings per share at 108, against 100 at the start · up 153.9% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 152, against 100 at the start · up 45.4% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 150, against 100 at the start · up 64.4% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 242, against 100 at the start · up 49.7% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 206, against 100 at the start · up 63.8% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two206No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Capital Goods - Solar, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Capital Goods - Solar outperforming NIFTY 500?

The 52-week comparison of Capital Goods - Solar against NIFTY 500 is not available from the current market series. 2 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Premier Energies Ltd is the strongest against the sector itself at +24.3%.

—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
2/6Stocks leading NIFTY 500
2/6Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: current leadership is concentrated, so durability matters more than rank.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 2 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Waaree Energies Ltd leads with revenue of ₹26,537 crore, based on 6 of 7 comparable companies through Mar 2026. Waaree Energies Ltd has the fastest current revenue growth at 83.7%, across 5 of 7 comparable companies.

Is the Capital Goods - Solar sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 2 of 6 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Capital Goods - Solar company is largest by revenue?

Waaree Energies Ltd leads with revenue of ₹26,537 crore, based on 6 of 7 comparable companies through Mar 2026.

Which Capital Goods - Solar company is growing fastest?

Waaree Energies Ltd has the fastest current revenue growth at 83.7%, across 5 of 7 comparable companies.

Which Capital Goods - Solar company has the strongest 4-Factor Sector Score?

Websol Energy System Ltd ranks first at 69.2/100 with 93% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Capital Goods - Solar company reports the most CAPEX?

Waaree Energies Ltd reports the largest latest CAPEX at ₹1,210 crore, with 4 of 7 companies comparable.

Which Capital Goods - Solar company has the least gross debt?

Bright Solar Ltd has the lowest comparable gross debt at ₹1 crore. Premier Energies Ltd has the highest at ₹3,707 crore.

Which Capital Goods - Solar company has the lowest comparable PEG?

Websol Energy System Ltd has the lowest comparable Guarded PEG at 0.3, among 4 of 7 companies that pass the metric’s comparability rules.

How much history does this Capital Goods - Solar comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Mar 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
7
complete canonical membership
Combined market value
₹1.4 L Cr
Waaree Energies Ltd
Revenue growing
4/5
positive TTM year-on-year growth
Beating NIFTY 500
2/6
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Websol Energy System Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 93% evidence confidence.
Premier Energies Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Websol Energy System Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Websol Energy System Ltd · WEBELSOLAR

69.2/100 · Favorable setup · 93% evidence

Exact sum: 16.4 + 20.6 + 14.7 + 17.5 = 69.2

Decision use: Price leads the evidence: RS versus the benchmark is 1.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

16.4/35Growth & earnings

Revenue 82.1% · PAT 94.8% · OPM change -9 pp

100% evidence

20.6/25Capital efficiency

ROCE 63.2% · debt/equity 0.21×

100% evidence

14.7/20Valuation

P/E 14.2× · PEG 0.3

65% evidence

17.5/20Relative strength

RS sector 13.6% · RS bench 1.2% · 1Y -23.4%

100% evidence

2. Waaree Energies Ltd · WAAREEENER

59.9/100 · Mixed-positive evidence · 90% evidence

Exact sum: 26.8 + 17.5 + 8.6 + 7 = 59.9

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -0.2% and the one-year return is -9%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

26.8/35Growth & earnings

Revenue 83.7% · PAT 100% · OPM change -4 pp

95% evidence

17.5/25Capital efficiency

ROCE 38.8% · debt/equity 0.22×

95% evidence

8.6/20Valuation

P/E 19.8× · PEG 1.8

65% evidence

7.0/20Relative strength

RS sector -0.2% · RS bench -9.1% · 1Y -9%

100% evidence

3. Premier Energies Ltd · PREMIERENE

59.5/100 · Mixed-positive evidence · 93% evidence

Exact sum: 12.9 + 13.1 + 13.5 + 20 = 59.5

Decision use: Price leads the evidence: RS versus the benchmark is 12.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

12.9/35Growth & earnings

Revenue 20% · PAT 61.1% · OPM change -3 pp

100% evidence

13.1/25Capital efficiency

ROCE 33.3% · debt/equity 0.86×

100% evidence

13.5/20Valuation

P/E 30.6× · PEG 0.66

65% evidence

20.0/20Relative strength

RS sector 24.3% · RS bench 12.7% · 1Y 2.6%

100% evidence

4. Vikram Solar Ltd · VIKRAMSOLR

52.3/100 · Mixed-positive evidence · 70% evidence

Exact sum: 18.7 + 14.9 + 8.7 + 10 = 52.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

18.7/35Growth & earnings

Revenue 40.3% · PAT 100% · OPM change -3 pp

95% evidence

14.9/25Capital efficiency

ROCE 30.6% · debt/equity 0.19×

95% evidence

8.7/20Valuation

P/E 14× · PEG 2.03

65% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

5. Solex Energy Ltd · SOLEX

50.9/100 · Thin evidence · provisional · 57% evidence

Exact sum: 20.8 + 12.1 + 10.9 + 7.1 = 50.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.8/35Growth & earnings

Revenue — · PAT — · OPM change 0 pp

45% evidence

12.1/25Capital efficiency

ROCE 35.8% · debt/equity 1.34×

95% evidence

10.9/20Valuation

P/E 10.6× · PEG —

15% evidence

7.1/20Relative strength

RS sector -3.5% · RS bench -23.5% · 1Y -38.1%

70% evidence

6. Australian Premium Solar (India) Ltd · APS

45.3/100 · Thin evidence · provisional · 56% evidence

Exact sum: 16.2 + 15.6 + 11.5 + 2 = 45.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.2/35Growth & earnings

Revenue — · PAT — · OPM change -1 pp

26% evidence

15.6/25Capital efficiency

ROCE 56.5% · debt/equity 0.27×

95% evidence

11.5/20Valuation

P/E 9.6× · PEG —

15% evidence

2.0/20Relative strength

RS sector -17.4% · RS bench -25.8% · 1Y -45.4%

100% evidence

7. Bright Solar Ltd · BRIGHT

37.2/100 · Thin evidence · provisional · 41% evidence

Exact sum: 16.4 + 7.8 + 10 + 3 = 37.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.4/35Growth & earnings

Revenue -62.5% · PAT 61.3% · OPM change -27.9 pp

27% evidence

7.8/25Capital efficiency

ROCE 0% · debt/equity 0.03×

71% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.0/20Relative strength

RS sector -44.8% · RS bench -56.2% · 1Y —

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Waaree Energies Ltd has the highest Revenue among the 7 Capital Goods - Solar companies compared here, at ₹26,537 crore. Premier Energies Ltd is next at ₹7,824 crore. The same company also holds the highest Revenue growth, at 83.7%. 6 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Waaree Energies Ltd is the scale leader at ₹26,537 crore, 239.2% ahead of Premier Energies Ltd. Waaree Energies Ltd's growth is 83.7% from a ₹26,537 crore base, with 12 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderWaaree Energies Ltd · ₹26,537 crore
Gap239.2% versus #2 · Premier Energies Ltd
Persistence8/8 recent comparable periods
Coverage6/7 companies · 79 observations

Investor read: Waaree Energies Ltd is the scale benchmark; Waaree Energies Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Waaree Energies Ltd's growth falls below Waaree Energies Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Waaree Energies Ltd WAAREEENER₹26.5K Cr
2Premier Energies Ltd PREMIERENE₹7.8K Cr
3Vikram Solar Ltd VIKRAMSOLR₹4.8K Cr
4Solex Energy Ltd SOLEX⚠ unverified₹1.6K Cr
5Websol Energy System Ltd WEBELSOLAR₹1.0K Cr
Revenue growthfastest growers
1Waaree Energies Ltd WAAREEENER84%
2Websol Energy System Ltd WEBELSOLAR82%
3Vikram Solar Ltd VIKRAMSOLR40%
4Premier Energies Ltd PREMIERENE20%
5Bright Solar Ltd BRIGHT · older report-63%
Revenue · company comparison
6/7 level · 5/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Waaree Energies Ltd WAAREEENER₹8.5K Cr112%Mar 2026
Premier Energies Ltd PREMIERENE₹2.2K Cr38%Mar 2026
Vikram Solar Ltd VIKRAMSOLR₹1.5K Cr22%Mar 2026
Solex Energy Ltd SOLEX⚠ unverified₹886 Cr249%Mar 2026
Australian Premium Solar (India) Ltd APS₹405 Cr47%Mar 2026
Websol Energy System Ltd WEBELSOLAR₹401 Cr132%Mar 2026
Bright Solar Ltd BRIGHT₹0 Cr-45%Sep 2025
Full 20-quarter history · every available company

Revenue · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
₹47 Cr
—
₹81 Cr
—
₹75 Cr
—
₹164 Cr
—
₹275 Cr
—
₹302 Cr
—
₹405 Cr

Bright Solar Ltd · BRIGHT

—
₹1 Cr
—
₹6 Cr
—
₹5 Cr
—
₹19 Cr
—
₹1 Cr
—
₹9 Cr
—
₹0 Cr
—
₹1 Cr
—
₹0 Cr
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
₹611 Cr
₹694 Cr
₹712 Cr
₹1.1K Cr
₹1.7K Cr
₹1.5K Cr
₹1.7K Cr
₹1.6K Cr
₹1.8K Cr
₹1.8K Cr
₹1.9K Cr
₹2.2K Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
₹132 Cr
₹135 Cr
₹254 Cr
₹260 Cr
₹155 Cr
₹318 Cr
₹886 Cr

Vikram Solar Ltd · VIKRAMSOLR

₹299 Cr
₹299 Cr
₹566 Cr
₹566 Cr
—
—
—
—
—
—
—
—
₹631 Cr
₹573 Cr
₹1.0K Cr
₹1.2K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.5K Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
₹3.3K Cr
₹3.5K Cr
₹1.6K Cr
₹2.9K Cr
₹3.4K Cr
₹3.6K Cr
₹3.5K Cr
₹4.0K Cr
₹4.4K Cr
₹6.1K Cr
₹7.6K Cr
₹8.5K Cr

Websol Energy System Ltd · WEBELSOLAR

₹43 Cr
₹58 Cr
₹50 Cr
₹63 Cr
₹3 Cr
₹14 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹1 Cr
₹25 Cr
₹112 Cr
₹144 Cr
₹147 Cr
₹173 Cr
₹219 Cr
₹168 Cr
₹261 Cr
₹401 Cr

Revenue growth · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
60%
—
102%
—
267%
—
84%
—
47%

Bright Solar Ltd · BRIGHT

—
-89%
—
-46%
—
203%
—
234%
—
-89%
—
-53%
—
-9.6%
—
-84%
—
-45%
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
171%
120%
141%
44%
9.9%
20%
13%
38%

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
17%
136%
249%

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
80%
94%
7.8%
22%

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
2.4%
1.1%
117%
36%
30%
70%
119%
112%

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
-93%
-76%
-100%
-100%
-100%
-100%
—
—
—
—
14,600%
592%
96%
17%
78%
132%
02 · compare level, then change

Operating Economics & Margin Trend

Websol Energy System Ltd has the highest OPM among the 7 Capital Goods - Solar companies compared here, at 36%. Premier Energies Ltd is next at 30%. Solex Energy Ltd has the highest Margin change at 0 percentage points, so level and change sit with different companies. 7 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Websol Energy System Ltd leads opm at 36%; Solex Energy Ltd leads margin change at 0 percentage points.

LeaderWebsol Energy System Ltd · 36%
Gap20% versus #2 · Premier Energies Ltd
Persistence5/8 recent comparable periods
Coverage7/7 companies · 87 observations

Investor read: Websol Energy System Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Websol Energy System Ltd WEBELSOLAR36%
2Premier Energies Ltd PREMIERENE30%
3Waaree Energies Ltd WAAREEENER19%
4Vikram Solar Ltd VIKRAMSOLR16%
5Australian Premium Solar (India) Ltd APS13%
Margin changefastest expanders
1Solex Energy Ltd SOLEX⚠ unverified0.0 pp
2Australian Premium Solar (India) Ltd APS−1.0 pp
3Premier Energies Ltd PREMIERENE−3.0 pp
4Vikram Solar Ltd VIKRAMSOLR−3.0 pp
5Waaree Energies Ltd WAAREEENER−4.0 pp
Operating margin · company comparison
7/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
Websol Energy System Ltd WEBELSOLAR36%−9.0 ppMar 2026
Premier Energies Ltd PREMIERENE30%−3.0 ppMar 2026
Waaree Energies Ltd WAAREEENER19%−4.0 ppMar 2026
Vikram Solar Ltd VIKRAMSOLR16%−3.0 ppMar 2026
Australian Premium Solar (India) Ltd APS13%−1.0 ppMar 2026
Solex Energy Ltd SOLEX⚠ unverified11%0.0 ppMar 2026
Bright Solar Ltd BRIGHT-58%−27.9 ppSep 2025
Full 20-quarter history · every available company

OPM · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
6.0%
—
5.0%
6.3%
6.0%
12%
12%
13%
14%
14%
14%
—
13%

Bright Solar Ltd · BRIGHT

—
-176%
—
-81%
—
1.6%
—
-0.5%
—
-102%
—
-34%
—
-30%
—
-4.2%
—
-58%
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
12%
14%
17%
16%
22%
25%
30%
33%
30%
31%
31%
30%

Solex Energy Ltd · SOLEX⚠ unverified

—
2.9%
—
2.2%
—
9.2%
—
6.7%
—
9.4%
—
7.2%
—
11%
18%
11%
16%
12%
8.0%
11%

Vikram Solar Ltd · VIKRAMSOLR

2.5%
2.5%
0.9%
0.9%
—
—
—
—
—
—
—
—
18%
13%
8.0%
19%
21%
21%
19%
16%

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
14%
15%
11%
14%
16%
15%
21%
23%
23%
23%
25%
19%

Websol Energy System Ltd · WEBELSOLAR

17%
12%
13%
8.6%
-129%
-14%
—
—
-750%
-277%
-429%
-13%
39%
44%
46%
45%
43%
43%
41%
36%

Margin change · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
0.0 pp
—
+7.0 pp
+7.2 pp
+8.0 pp
+2.2 pp
+2.0 pp
—
−1.0 pp

Bright Solar Ltd · BRIGHT

—
−180.1 pp
—
−80.0 pp
—
+177.4 pp
—
+80.2 pp
—
−103.5 pp
—
−33.5 pp
—
+72.1 pp
—
+29.7 pp
—
−27.9 pp
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
+10.0 pp
+11.0 pp
+13.0 pp
+17.0 pp
+8.0 pp
+6.0 pp
+1.0 pp
−3.0 pp

Solex Energy Ltd · SOLEX⚠ unverified

—
−3.9 pp
—
−1.0 pp
—
+6.2 pp
—
+4.5 pp
—
+0.2 pp
—
+0.5 pp
—
+1.6 pp
—
+3.8 pp
—
+1.0 pp
−10.0 pp
0.0 pp

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+3.0 pp
+8.0 pp
+11.0 pp
−3.0 pp

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
+2.0 pp
0.0 pp
+10.0 pp
+9.0 pp
+7.0 pp
+8.0 pp
+4.0 pp
−4.0 pp

Websol Energy System Ltd · WEBELSOLAR

−36.9 pp
−15.5 pp
+6.1 pp
−10.4 pp
−145.6 pp
−26.1 pp
−1,640.6 pp
−1,335.9 pp
−621.3 pp
−262.9 pp
+1,197.9 pp
+1,314.6 pp
+789.4 pp
+320.3 pp
+475.4 pp
+57.7 pp
+3.1 pp
−0.7 pp
−5.0 pp
−9.0 pp
03 · compare level, then change

Profit Scale & Acceleration

Waaree Energies Ltd has the highest Net profit among the 7 Capital Goods - Solar companies compared here, at ₹3,884 crore. Premier Energies Ltd is next at ₹1,510 crore. Vikram Solar Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Waaree Energies Ltd leads with ₹3,884 crore of TTM profit, 157.2% above Premier Energies Ltd. Vikram Solar Ltd shows ≥100% on the scoring scale (235% uncapped) growth from a ₹469 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderWaaree Energies Ltd · ₹3,884 crore
Gap157.2% versus #2 · Premier Energies Ltd
Persistence8/8 recent comparable periods
Coverage6/7 companies · 79 observations

Investor read: Waaree Energies Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Waaree Energies Ltd WAAREEENER₹3.9K Cr
2Premier Energies Ltd PREMIERENE₹1.5K Cr
3Vikram Solar Ltd VIKRAMSOLR₹469 Cr
4Websol Energy System Ltd WEBELSOLAR₹302 Cr
5Solex Energy Ltd SOLEX⚠ unverified₹99 Cr
Profit growthfastest growers
1Vikram Solar Ltd VIKRAMSOLR100%
2Waaree Energies Ltd WAAREEENER100%
3Websol Energy System Ltd WEBELSOLAR95%
4Bright Solar Ltd BRIGHT · older report61%
5Premier Energies Ltd PREMIERENE61%
Net profit · company comparison
6/7 level · 5/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Waaree Energies Ltd WAAREEENER₹1.1K Cr75%Mar 2026
Premier Energies Ltd PREMIERENE₹457 Cr64%Mar 2026
Websol Energy System Ltd WEBELSOLAR₹124 Cr158%Mar 2026
Vikram Solar Ltd VIKRAMSOLR₹110 Cr21%Mar 2026
Solex Energy Ltd SOLEX⚠ unverified₹59 Cr293%Mar 2026
Australian Premium Solar (India) Ltd APS₹29 Cr7.4%Mar 2026
Bright Solar Ltd BRIGHT₹-0 Cr-467%Sep 2025
Full 20-quarter history · every available company

Net profit · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
₹2 Cr
—
₹3 Cr
—
₹6 Cr
—
₹13 Cr
—
₹27 Cr
—
₹29 Cr
—
₹29 Cr

Bright Solar Ltd · BRIGHT

—
₹-3 Cr
—
₹-5 Cr
—
₹0 Cr
—
₹-0 Cr
—
₹-3 Cr
—
₹-3 Cr
—
₹0 Cr
—
₹0 Cr
—
₹-0 Cr
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
₹31 Cr
₹53 Cr
₹43 Cr
₹104 Cr
₹198 Cr
₹206 Cr
₹255 Cr
₹278 Cr
₹308 Cr
₹353 Cr
₹392 Cr
₹457 Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
₹9 Cr
₹14 Cr
₹15 Cr
₹25 Cr
₹6 Cr
₹9 Cr
₹59 Cr

Vikram Solar Ltd · VIKRAMSOLR

₹-9 Cr
₹-9 Cr
₹-22 Cr
₹-22 Cr
—
—
—
—
—
—
—
—
₹23 Cr
₹7 Cr
₹19 Cr
₹91 Cr
₹133 Cr
₹128 Cr
₹98 Cr
₹110 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
₹338 Cr
₹320 Cr
₹141 Cr
₹475 Cr
₹401 Cr
₹376 Cr
₹507 Cr
₹644 Cr
₹773 Cr
₹878 Cr
₹1.1K Cr
₹1.1K Cr

Websol Energy System Ltd · WEBELSOLAR

₹3 Cr
₹4 Cr
₹2 Cr
₹0 Cr
₹-8 Cr
₹-4 Cr
₹-7 Cr
₹-5 Cr
₹-5 Cr
₹-4 Cr
₹-55 Cr
₹-57 Cr
₹23 Cr
₹42 Cr
₹42 Cr
₹48 Cr
₹67 Cr
₹46 Cr
₹65 Cr
₹124 Cr

Profit growth · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
200%
—
333%
—
350%
—
123%
—
7.4%

Bright Solar Ltd · BRIGHT

—
-1,023%
—
—
—
—
—
—
—
-1,133%
—
—
—
—
—
—
—
-467%
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
539%
289%
493%
167%
56%
71%
54%
64%

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
-33%
-36%
293%

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
478%
1,729%
416%
21%

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
19%
18%
260%
36%
93%
134%
118%
75%

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
-367%
-200%
-450%
—
—
—
—
—
—
—
—
—
191%
9.5%
55%
158%
04 · compare level, then change

Capacity Spending & Returns On It

Waaree Energies Ltd has the highest CAPEX among the 7 Capital Goods - Solar companies compared here, at ₹1,210 crore. Premier Energies Ltd is next at ₹162 crore. Solex Energy Ltd has the highest CAPEX intensity at 48.4%, so level and change sit with different companies. 4 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Waaree Energies Ltd reports ₹1,210 crore of CAPEX; Solex Energy Ltd has the highest covered intensity at 48.4%. Coverage is only 4 of 7 companies and 28 reported observations, so this is partial evidence—not a complete sector rank.

LeaderWaaree Energies Ltd · ₹1,210 crore
Gap646.9% versus #2 · Premier Energies Ltd
Persistence4/4 recent comparable periods
Coverage4/7 companies · 28 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Waaree Energies Ltd WAAREEENER₹1.2K Cr
2Premier Energies Ltd PREMIERENE₹162 Cr
3Solex Energy Ltd SOLEX⚠ unverified₹75 Cr
4Vikram Solar Ltd VIKRAMSOLR₹20 Cr
CAPEX intensityhighest reinvestment intensity
1Solex Energy Ltd SOLEX⚠ unverified48%
2Waaree Energies Ltd WAAREEENER34%
3Premier Energies Ltd PREMIERENE11%
4Vikram Solar Ltd VIKRAMSOLR3.5%
Capital expenditure · company comparison
4/7 level · 4/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Waaree Energies Ltd WAAREEENER₹1.2K Cr34%Mar 2026
Premier Energies Ltd PREMIERENE₹162 Cr11%Mar 2026
Solex Energy Ltd SOLEX⚠ unverified₹75 Cr48%Mar 2026
Vikram Solar Ltd VIKRAMSOLR₹20 Cr3.5%Mar 2026
Full 20-quarter history · every available company

CAPEX · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
₹81 Cr
₹232 Cr
₹41 Cr
₹97 Cr
₹116 Cr
₹162 Cr
—
—
—
—
—
—

Solex Energy Ltd · SOLEX⚠ unverified

₹0 Cr
₹0 Cr
—
₹12 Cr
₹14 Cr
₹14 Cr
—
₹3 Cr
₹3 Cr
₹3 Cr
₹0 Cr
₹0 Cr
₹1 Cr
₹1 Cr
—
—
₹75 Cr
₹75 Cr
—
—

Vikram Solar Ltd · VIKRAMSOLR

₹51 Cr
₹51 Cr
₹20 Cr
₹20 Cr
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
₹312 Cr
₹92 Cr
—
—
₹402 Cr
₹1.2K Cr
—
—
—
—
—
—

CAPEX intensity · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
13%
33%
5.8%
8.6%
7.0%
11%
—
—
—
—
—
—

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
—
—
—
—
—
0.8%
—
—
29%
48%
—
—

Vikram Solar Ltd · VIKRAMSOLR

17%
17%
3.5%
3.5%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
9.4%
2.6%
—
—
12%
34%
—
—
—
—
—
—
Annual capital allocation · 10-year view
7/7 capacity base · 7/7 OCF · 7/7 CAPEX · 7/7 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Australian Premium Solar (India) Ltd · APS

—
—
—
₹5 Cr
₹8 Cr
₹7 Cr
₹7 Cr
₹19 Cr
₹30 Cr
₹67 Cr

Bright Solar Ltd · BRIGHT

₹0 Cr
₹0 Cr
₹1 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹4 Cr
₹0 Cr
₹0 Cr
—

Premier Energies Ltd · PREMIERENE

—
—
—
₹284 Cr
₹425 Cr
₹593 Cr
₹941 Cr
₹1.2K Cr
₹1.2K Cr
₹3.9K Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
₹54 Cr
₹112 Cr
₹349 Cr

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
₹368 Cr
₹448 Cr
₹551 Cr
₹662 Cr
₹533 Cr
₹548 Cr
₹1.1K Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
₹192 Cr
₹288 Cr
₹749 Cr
₹1.6K Cr
₹2.8K Cr
₹5.9K Cr
₹10.8K Cr

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
—
—
—
₹302 Cr
₹460 Cr

Operating cash flow · fiscal-year history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
₹5 Cr
₹3 Cr
₹3 Cr
₹-5 Cr
₹24 Cr
₹-5 Cr

Bright Solar Ltd · BRIGHT

₹1 Cr
₹6 Cr
₹-12 Cr
₹2 Cr
₹0 Cr
₹1 Cr
₹-8 Cr
₹-5 Cr
₹-1 Cr
—

Premier Energies Ltd · PREMIERENE

—
—
—
₹-66 Cr
₹237 Cr
₹5 Cr
₹37 Cr
₹90 Cr
₹1.3K Cr
₹1.3K Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
₹4 Cr
₹-6 Cr
₹2 Cr
₹-47 Cr
₹201 Cr

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
₹227 Cr
₹13 Cr
₹201 Cr
₹195 Cr
₹152 Cr
₹290 Cr
₹667 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
₹83 Cr
₹67 Cr
₹698 Cr
₹1.6K Cr
₹2.3K Cr
₹3.2K Cr
₹1.6K Cr

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
₹-3 Cr
₹-8 Cr
₹35 Cr
₹167 Cr
₹255 Cr

CAPEX · reported cash flow · fiscal-year history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
₹4 Cr
₹0 Cr
₹1 Cr
₹13 Cr
₹15 Cr
₹46 Cr

Bright Solar Ltd · BRIGHT

₹0 Cr
₹0 Cr
₹1 Cr
₹4 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹-4 Cr
₹-0 Cr
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
₹153 Cr
₹196 Cr
₹401 Cr
₹378 Cr
₹495 Cr
₹3.1K Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
₹67 Cr
₹262 Cr

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
₹119 Cr
₹151 Cr
₹175 Cr
₹9 Cr
₹171 Cr
₹712 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
—
₹125 Cr
₹504 Cr
₹1.1K Cr
₹1.4K Cr
₹3.5K Cr
₹5.9K Cr

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
—
—
—
—
₹220 Cr

Free cash flow · fiscal-year history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
₹1 Cr
₹3 Cr
₹2 Cr
₹-18 Cr
₹9 Cr
₹-51 Cr

Bright Solar Ltd · BRIGHT

₹1 Cr
₹6 Cr
₹-12 Cr
₹-2 Cr
₹-0 Cr
₹1 Cr
₹-8 Cr
₹-1 Cr
₹-1 Cr
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
₹84 Cr
₹-191 Cr
₹-364 Cr
₹-288 Cr
₹853 Cr
₹-1.9K Cr

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
—
—
—
—
₹-114 Cr
₹-61 Cr

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
₹-106 Cr
₹50 Cr
₹20 Cr
₹143 Cr
₹119 Cr
₹-45 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
—
₹-58 Cr
₹194 Cr
₹503 Cr
₹879 Cr
₹-388 Cr
₹-4.2K Cr

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
—
—
—
—
₹35 Cr
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Bright Solar Ltd has the lowest Gross debt among the 7 Capital Goods - Solar companies compared here, at ₹1 crore. Australian Premium Solar (India) Ltd is next at ₹45 crore. Waaree Energies Ltd has the lowest Net debt at ₹4,176 crore net cash, so level and change sit with different companies.

What the numbers say: Waaree Energies Ltd has the clearest covered balance-sheet capacity with ₹4,176 crore net cash and gross debt of ₹3,213 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderBright Solar Ltd · ₹1 crore
Gap97.8% versus #2 · Australian Premium Solar (India) Ltd
PersistenceNot enough history
Coverage7/7 companies · 85 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Bright Solar Ltd BRIGHT · older report₹1 Cr
2Australian Premium Solar (India) Ltd APS₹45 Cr
3Websol Energy System Ltd WEBELSOLAR₹131 Cr
4Solex Energy Ltd SOLEX⚠ unverified₹339 Cr
5Vikram Solar Ltd VIKRAMSOLR₹617 Cr
Net debtlowest net debt
1Waaree Energies Ltd WAAREEENER₹-4.2K Cr
2Websol Energy System Ltd WEBELSOLAR₹-21 Cr
3Solex Energy Ltd SOLEX⚠ unverified₹216 Cr
4Vikram Solar Ltd VIKRAMSOLR₹609 Cr
5Premier Energies Ltd PREMIERENE₹1.2K Cr
Debt and balance-sheet capacity · company comparison
7/7 level · 5/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Premier Energies Ltd PREMIERENE₹3.7K Cr₹1.2K CrMar 2026
Waaree Energies Ltd WAAREEENER₹3.2K Cr₹-4.2K CrMar 2026
Vikram Solar Ltd VIKRAMSOLR₹617 Cr₹609 CrMar 2026
Solex Energy Ltd SOLEX⚠ unverified₹339 Cr₹216 CrMar 2026
Websol Energy System Ltd WEBELSOLAR₹131 Cr₹-21 CrMar 2026
Australian Premium Solar (India) Ltd APS₹45 Cr—Mar 2026
Bright Solar Ltd BRIGHT₹1 Cr—Sep 2025
Full 20-quarter history · every available company

Gross debt · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
₹3 Cr
—
—
—
₹2 Cr
—
—
—
₹10 Cr
—
—
—
₹8 Cr
—
₹32 Cr
—
₹45 Cr

Bright Solar Ltd · BRIGHT

—
—
—
₹4 Cr
—
—
—
₹2 Cr
—
—
—
₹1 Cr
—
—
—
₹1 Cr
—
₹1 Cr
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
₹455 Cr
—
—
—
₹765 Cr
₹764 Cr
—
₹1.4K Cr
₹1.4K Cr
₹1.2K Cr
₹1.3K Cr
₹1.3K Cr
₹2.0K Cr
₹2.0K Cr
₹1.6K Cr
₹1.6K Cr
₹3.7K Cr

Solex Energy Ltd · SOLEX⚠ unverified

₹8 Cr
₹8 Cr
₹19 Cr
₹19 Cr
₹58 Cr
₹58 Cr
₹66 Cr
₹66 Cr
₹81 Cr
₹81 Cr
₹96 Cr
₹96 Cr
₹96 Cr
₹73 Cr
—
₹148 Cr
₹147 Cr
₹293 Cr
₹293 Cr
₹339 Cr

Vikram Solar Ltd · VIKRAMSOLR

₹778 Cr
₹778 Cr
₹749 Cr
₹703 Cr
—
—
—
₹792 Cr
—
—
—
₹854 Cr
₹854 Cr
—
—
₹272 Cr
₹272 Cr
₹262 Cr
₹262 Cr
₹617 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
₹363 Cr
—
—
—
₹320 Cr
₹320 Cr
—
—
₹553 Cr
₹513 Cr
₹985 Cr
₹985 Cr
₹1.2K Cr
₹1.2K Cr
₹2.9K Cr
₹2.9K Cr
₹3.2K Cr

Websol Energy System Ltd · WEBELSOLAR

₹26 Cr
₹28 Cr
₹36 Cr
₹36 Cr
₹36 Cr
₹36 Cr
₹36 Cr
₹28 Cr
₹28 Cr
—
—
₹184 Cr
₹184 Cr
₹159 Cr
₹159 Cr
₹153 Cr
₹153 Cr
₹159 Cr
₹159 Cr
₹131 Cr

Net debt · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
₹648 Cr
—
₹1.2K Cr
₹1.1K Cr
₹743 Cr
₹-771 Cr
₹-771 Cr
₹-280 Cr
₹-884 Cr
₹-424 Cr
₹-424 Cr
₹1.2K Cr

Solex Energy Ltd · SOLEX⚠ unverified

₹8 Cr
₹8 Cr
₹19 Cr
₹19 Cr
₹56 Cr
₹56 Cr
₹66 Cr
₹66 Cr
₹81 Cr
₹81 Cr
₹84 Cr
₹84 Cr
₹84 Cr
₹72 Cr
—
₹135 Cr
₹135 Cr
₹276 Cr
₹276 Cr
₹216 Cr

Vikram Solar Ltd · VIKRAMSOLR

₹776 Cr
₹776 Cr
₹730 Cr
₹730 Cr
—
—
—
—
—
—
—
—
₹845 Cr
—
—
₹233 Cr
₹233 Cr
₹-1.5K Cr
₹-1.5K Cr
₹609 Cr

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
₹-1.4K Cr
—
—
₹360 Cr
₹-3.3K Cr
₹-2.9K Cr
₹-2.9K Cr
₹-2.7K Cr
₹-6.6K Cr
₹-5.1K Cr
₹-5.1K Cr
₹-4.2K Cr

Websol Energy System Ltd · WEBELSOLAR

₹24 Cr
₹27 Cr
₹36 Cr
₹32 Cr
₹32 Cr
₹34 Cr
₹34 Cr
₹28 Cr
₹28 Cr
—
—
₹183 Cr
₹183 Cr
₹112 Cr
₹112 Cr
₹66 Cr
₹66 Cr
₹105 Cr
₹105 Cr
₹-21 Cr
06 · compare level, then change

Return On Capital Employed

Websol Energy System Ltd has the highest ROCE among the 7 Capital Goods - Solar companies compared here, at 63.2%. Australian Premium Solar (India) Ltd is next at 56.5%. Bright Solar Ltd has the highest ROCE change at +10.9 percentage points, so level and change sit with different companies. Its ROCE series carries 10 reported observations across the 20-quarter window.

What the numbers say: Websol Energy System Ltd leads ROCE at 63.2%, 6.7 percentage points above Australian Premium Solar (India) Ltd. Bright Solar Ltd has the strongest latest improvement at +10.9 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderWebsol Energy System Ltd · 63.2%
Gap11.9% versus #2 · Australian Premium Solar (India) Ltd
Persistence2/6 recent comparable periods
Coverage7/7 companies · 56 observations

Investor read: Websol Energy System Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Websol Energy System Ltd WEBELSOLAR63%
2Australian Premium Solar (India) Ltd APS57%
3Waaree Energies Ltd WAAREEENER39%
4Solex Energy Ltd SOLEX⚠ unverified36%
5Premier Energies Ltd PREMIERENE33%
ROCE changefastest improvers
1Bright Solar Ltd BRIGHT · older report+10.9 pp
2Waaree Energies Ltd WAAREEENER+7.1 pp
3Solex Energy Ltd SOLEX⚠ unverified+0.3 pp
4Websol Energy System Ltd WEBELSOLAR−2.2 pp
5Vikram Solar Ltd VIKRAMSOLR−2.7 pp
Return on capital · company comparison
7/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
Websol Energy System Ltd WEBELSOLAR47%−2.2 ppMar 2026
Solex Energy Ltd SOLEX⚠ unverified29%+0.3 ppMar 2026
Waaree Energies Ltd WAAREEENER28%+7.1 ppMar 2026
Premier Energies Ltd PREMIERENE25%−7.8 ppMar 2026
Vikram Solar Ltd VIKRAMSOLR21%−2.7 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
16%
24%
33%
24%
47%
33%
53%
32%
46%
25%

Solex Energy Ltd · SOLEX⚠ unverified

6.9%
6.3%
3.9%
2.9%
1.9%
1.8%
6.0%
10%
12%
14%
18%
22%
—
22%
—
29%
60%
24%
37%
29%

Vikram Solar Ltd · VIKRAMSOLR

1.0%
2.0%
2.6%
3.2%
—
—
—
—
—
—
—
—
—
—
—
24%
46%
20%
40%
21%

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
22%
23%
22%
41%
21%
37%
25%
48%
28%

Websol Energy System Ltd · WEBELSOLAR

—
5.1%
6.5%
5.0%
—
-4.6%
—
-13%
—
—
—
-14%
—
18%
—
49%
—
50%
—
47%

ROCE change · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
+31.3 pp
+9.4 pp
+20.0 pp
+8.4 pp
−0.9 pp
−7.8 pp

Solex Energy Ltd · SOLEX⚠ unverified

—
—
—
—
−5.0 pp
−4.5 pp
+2.1 pp
+7.5 pp
+9.9 pp
+12.5 pp
+11.9 pp
+11.3 pp
—
+7.5 pp
—
+6.9 pp
—
+1.8 pp
—
+0.3 pp

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−2.7 pp

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
−0.9 pp
+14.3 pp
+2.6 pp
+7.1 pp
+7.1 pp

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
−9.7 pp
—
−18.2 pp
—
—
—
−0.6 pp
—
—
—
+63.2 pp
—
+31.8 pp
—
−2.2 pp
07 · compare level, then change

Valuation Against Growth & Quality

Websol Energy System Ltd has the lowest Guarded PEG among the 7 Capital Goods - Solar companies compared here, at 0.3×. Premier Energies Ltd is next at 0.66×. Australian Premium Solar (India) Ltd has the lowest P/E at 9.6×, so level and change sit with different companies. 4 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Websol Energy System Ltd has the lowest comparable Guarded PEG at 0.3×, 54.5% below Premier Energies Ltd. Only 4 of 7 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderWebsol Energy System Ltd · 0.3×
Gap54.5% versus #2 · Premier Energies Ltd
Persistence2/8 recent comparable periods
Coverage4/7 companies · 8 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Websol Energy System Ltd WEBELSOLAR0.3
2Premier Energies Ltd PREMIERENE0.7
3Waaree Energies Ltd WAAREEENER1.8
4Vikram Solar Ltd VIKRAMSOLR2.0
P/Elowest P/E
1Australian Premium Solar (India) Ltd APS9.6
2Solex Energy Ltd SOLEX⚠ unverified10.6
3Vikram Solar Ltd VIKRAMSOLR14.0
4Websol Energy System Ltd WEBELSOLAR14.2
5Waaree Energies Ltd WAAREEENER19.8
Valuation · company comparison
4/7 level · 6/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Vikram Solar Ltd VIKRAMSOLR2.013.2Mar 2026
Waaree Energies Ltd WAAREEENER1.825.5Mar 2026
Premier Energies Ltd PREMIERENE0.730.4Mar 2026
Websol Energy System Ltd WEBELSOLAR0.319.3Mar 2026
Solex Energy Ltd SOLEX⚠ unverified—20.0Mar 2026
Australian Premium Solar (India) Ltd APS—10.4Mar 2026
Bright Solar Ltd BRIGHT—270.0Sep 2025
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.0
1.2
0.6
0.7

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.0

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.8
—
—
—
—

Websol Energy System Ltd · WEBELSOLAR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.8
0.3
—

P/E · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
—
170.7
147.6
62.5
45.5
27.8
18.8
—
10.4

Bright Solar Ltd · BRIGHT

—
74.9
—
—
—
—
—
—
—
270.0
—
—
—
—
—
—
—
—
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
—
119.9
81.4
46.6
46.8
44.3
33.1
30.4

Solex Energy Ltd · SOLEX⚠ unverified

29.7
26.5
60.1
92.5
—
—
201.8
126.8
153.5
172.7
127.5
239.1
132.3
152.2
67.3
31.4
34.3
42.5
24.2
20.0

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
72.0
54.2
13.2

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
—
—
55.7
48.0
40.6
40.9
32.4
25.5

Websol Energy System Ltd · WEBELSOLAR

4.1
5.0
-100.0
35.6
—
—
—
—
—
—
—
—
-26.3
-98.6
143.0
32.6
27.7
25.7
16.7
19.3
08 · compare level, then change

Enterprise Value & Book Value

Vikram Solar Ltd has the lowest EV/EBITDA among the 7 Capital Goods - Solar companies compared here, at 5.2×. Australian Premium Solar (India) Ltd is next at 7.1×. Bright Solar Ltd has the lowest P/BV at 0.24×, so level and change sit with different companies. 6 of 7 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Vikram Solar Ltd leads ev/ebitda at 5.2×; Bright Solar Ltd leads p/bv at 0.24×.

LeaderVikram Solar Ltd · 5.2×
Gap26.8% versus #2 · Australian Premium Solar (India) Ltd
Persistence0/3 recent comparable periods
Coverage6/7 companies · 57 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Vikram Solar Ltd VIKRAMSOLR5.2
2Australian Premium Solar (India) Ltd APS7.1
3Solex Energy Ltd SOLEX⚠ unverified11.4
4Websol Energy System Ltd WEBELSOLAR12.3
5Waaree Energies Ltd WAAREEENER14.2
P/BVlowest P/BV
1Bright Solar Ltd BRIGHT · older report0.2
2Vikram Solar Ltd VIKRAMSOLR2.1
3Australian Premium Solar (India) Ltd APS3.4
4Solex Energy Ltd SOLEX⚠ unverified4.0
5Waaree Energies Ltd WAAREEENER5.4
Enterprise and book valuation · company comparison
6/7 level · 7/7 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Bright Solar Ltd BRIGHT30.40.2Sep 2025
Premier Energies Ltd PREMIERENE16.611.7Mar 2026
Waaree Energies Ltd WAAREEENER14.27.8Mar 2026
Websol Energy System Ltd WEBELSOLAR12.310.7Mar 2026
Solex Energy Ltd SOLEX⚠ unverified11.45.6Mar 2026
Australian Premium Solar (India) Ltd APS7.14.3Mar 2026
Vikram Solar Ltd VIKRAMSOLR5.22.2Mar 2026
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
—
104.0
89.8
40.0
70.1
18.9
13.2
—
7.1

Bright Solar Ltd · BRIGHT

—
10.7
—
—
—
—
—
—
—
30.4
—
—
—
—
—
—
—
—
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
—
95.2
53.2
27.4
25.1
21.7
16.8
16.6

Solex Energy Ltd · SOLEX⚠ unverified

17.0
16.3
34.2
56.1
57.9
139.7
41.1
29.5
27.4
24.7
16.7
24.7
41.0
50.2
32.4
15.9
19.7
25.1
15.1
11.4

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
18.8
13.5
5.2

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
—
—
43.5
37.3
26.1
23.5
18.0
14.2

Websol Energy System Ltd · WEBELSOLAR

7.4
9.4
20.1
14.5
—
—
—
—
—
—
—
—
89.7
52.2
45.5
20.8
18.3
16.8
11.0
12.3

P/BV · reported quarter history

Australian Premium Solar (India) Ltd · APS

—
—
—
—
—
—
—
—
—
—
—
—
21.9
18.9
16.5
10.1
12.7
8.8
—
4.3

Bright Solar Ltd · BRIGHT

—
0.3
—
0.4
—
0.4
—
0.5
—
0.4
—
0.6
—
0.6
—
0.2
—
—
—
—

Premier Energies Ltd · PREMIERENE

—
—
—
—
—
—
—
—
—
—
—
—
—
21.1
25.7
18.4
16.7
16.4
11.5
11.7

Solex Energy Ltd · SOLEX⚠ unverified

1.3
1.1
2.0
2.6
2.8
8.3
7.1
9.1
10.9
12.2
7.5
14.0
25.0
28.7
11.1
5.2
9.0
11.1
7.6
5.6

Vikram Solar Ltd · VIKRAMSOLR

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
3.9
2.9
2.2

Waaree Energies Ltd · WAAREEENER

—
—
—
—
—
—
—
—
—
—
—
—
—
—
16.6
14.3
8.9
9.7
7.6
7.8

Websol Energy System Ltd · WEBELSOLAR

1.1
1.1
3.0
1.8
1.6
2.0
2.1
1.6
1.8
—
—
19.1
22.7
24.7
37.2
18.1
19.9
13.4
9.7
10.7
09 · let price answer last

Market action

Premier Energies Ltd has the strongest one-year price move in Capital Goods - Solar at +2.6%. It also leads on Mansfield relative strength against NIFTY at +12.7%. 2 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Capital Goods - Solar comparison names 6 specific ways its own evidence can mislead, all listed below. 1 of the 7 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 1 draws at least one figure from a second feed with too little overlap to cross-check.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
  • 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
10 · the complete set

Which companies are included?

All 7 companies in the canonical Capital Goods - Solar membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 1 of these is no longer being priced, so its price and relative strength are frozen at the last traded week shown.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Waaree Energies Ltd WAAREEENER₹77.7K Cr₹2,7022026-07-19Mar 2026Cross-checked
Premier Energies Ltd PREMIERENE19/26 WEEKS₹46.3K Cr₹1,0192026-07-19Mar 2026Cross-checked
Vikram Solar Ltd VIKRAMSOLR₹6.6K Cr₹1832026-07-19Mar 2026Cross-checked
Websol Energy System Ltd WEBELSOLAR₹4.3K Cr₹99.82026-07-19Mar 2026Cross-checked
Solex Energy Ltd SOLEX⚠ unverified₹1.0K Cr₹9382026-07-19Mar 2026Includes unverified figures
Australian Premium Solar (India) Ltd APSLAGGING, FUNDAMENTALS UP₹555 Cr₹2752026-07-19Mar 2026Primary source only
Bright Solar Ltd BRIGHT₹7 Cr₹2.82025-02-26 · not currently pricedSep 2025Primary source only
How each company's sources stand: 1 of 7 companies draws at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 7 Capital Goods - Solar companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Mar 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Mar 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 3 unverified · 0 withheld, of 7 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Capital Goods - Solar company comparison FAQs

These 19 answers restate the Capital Goods - Solar comparison above in question form. Every one is computed from the same 7 companies and the same reported filings as the rankings and charts, current through Mar 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Capital Goods - Solar index?

The Nifty Capital Goods - Solar index tracks India's listed Capital Goods - Solar companies as a single basket. This page follows the same 7 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Capital Goods - Solar sector rather than to its largest constituent. Figures are as of Mar 2026.

Which are the best Capital Goods - Solar stocks in India?

Ranked by this page's four-factor score, Websol Energy System Ltd places first among 7 listed Capital Goods - Solar companies, followed by Waaree Energies Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Mar 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Capital Goods - Solar stocks are listed in India?

This comparison covers 7 listed Capital Goods - Solar companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Mar 2026.

Which Capital Goods - Solar company is the biggest?

Waaree Energies Ltd is the largest, with trailing-twelve-month revenue of ₹26,537 crore, ahead of Premier Energies Ltd at ₹7,824 crore. That covers 6 of 7 companies with comparable reporting through Mar 2026.

Which Capital Goods - Solar company is growing fastest?

Waaree Energies Ltd has the fastest revenue growth at 83.7% year on year, across 5 of 7 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Capital Goods - Solar company has the best profit margins?

Websol Energy System Ltd has the highest operating margin at 36%, from 7 of 7 comparable companies. Solex Energy Ltd shows the biggest recent improvement, at 0 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Capital Goods - Solar company makes the most profit?

Waaree Energies Ltd earns the most, at ₹3,884 crore of trailing-twelve-month net profit, from 6 of 7 comparable companies. Vikram Solar Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Capital Goods - Solar company earns the highest return on capital?

Websol Energy System Ltd leads on return on capital employed at 63.2%, across 7 of 7 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Capital Goods - Solar stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Websol Energy System Ltd screens cheapest at 0.3×. Only 4 of 7 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Capital Goods - Solar company has the strongest balance sheet?

Bright Solar Ltd carries the lowest comparable gross debt at ₹1 crore, from 7 of 7 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Capital Goods - Solar company is investing most in new capacity?

Waaree Energies Ltd reports the largest capital spending at ₹1,210 crore, across 4 of 7 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Which Capital Goods - Solar stock has the strongest price momentum?

Premier Energies Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Capital Goods - Solar company scores highest for research priority?

Websol Energy System Ltd scores 69.2 out of 100 with 93% evidence confidence, from 16.4 points on growth and earnings, 20.6 on capital efficiency, 14.7 on valuation and 17.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Capital Goods - Solar companies does this comparison cover, and over what period?

It compares 7 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Mar 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Capital Goods - Solar sector?

The 7 Capital Goods - Solar companies on this page carry ₹1,36,525 crore of combined market value. Waaree Energies Ltd is the largest at ₹77,723 crore, about 57% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

What is the Capital Goods - Solar sector's P/E ratio?

The median price-to-earnings ratio across the 7 Capital Goods - Solar companies on this page is 14.2×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.

How is the Capital Goods - Solar sector performing?

2 of the 6 covered Capital Goods - Solar companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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