{"id":306121,"date":"2026-10-14T09:08:55","date_gmt":"2026-10-14T03:38:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=306121"},"modified":"2026-10-14T09:08:55","modified_gmt":"2026-10-14T03:38:55","slug":"reliance-power-vs-waaree-renewable-vs-olectra-greentech","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/","title":{"rendered":"Reliance Power vs Waaree Renewable vs Olectra Greentech: Which Stock Should You Track"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Reliance Power PE NA, mkt cap Rs 8,193 crore. Waaree Renewable Technologies PE 16.26, mkt cap Rs 8,311 crore. Olectra Greentech PE 47.47, mkt cap Rs 8,553 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech is a side-by-side comparison of three companies from the power and green energy space. On this comparison, Reliance Power carries a market capitalisation of about Rs 8,193 crore, against Rs 8,311 crore for Waaree Renewable Technologies and Rs 8,553 crore for Olectra Greentech, with return on equity of -0.92%, 51.23% and 14.46% respectively. Each company&#8217;s numbers are presented here without a declared preference, since the right stock depends on an investor&#8217;s own criteria.<\/p>\n<\/div>\n<p>Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech starts with the core numbers most investors compare within the power and green energy segment: market capitalisation, valuation multiples, profitability, dividend yield and the latest quarterly results. Figures below are sourced as of October 2026 and will shift with daily price moves.<\/p>\n<p>All three names sit in the power and green energy bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses. The sections below cover the company profiles, a valuation table, the latest quarter and a five-quarter trend for revenue and net profit.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=reliance-power-vs-waaree-renewable-vs-olectra-greentech\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech_Company_Overview\" title=\"Reliance Power, Waaree Renewable Technologies and Olectra Greentech: Company Overview\">Reliance Power, Waaree Renewable Technologies and Olectra Greentech: Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Valuation_and_Profitability_Snapshot\" title=\"Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Valuation and Profitability Snapshot\">Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Valuation and Profitability Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Latest_Quarterly_Results\" title=\"Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Latest Quarterly Results\">Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Latest Quarterly Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Five-Quarter_Revenue_and_Net_Profit_Trend\" title=\"Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Five-Quarter Revenue and Net Profit Trend\">Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Five-Quarter Revenue and Net Profit Trend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#What_Should_Investors_Look_at_Beyond_These_Numbers\" title=\"What Should Investors Look at Beyond These Numbers?\">What Should Investors Look at Beyond These Numbers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#FAQs_on_Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech\" title=\"FAQs on Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech\">FAQs on Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#What_is_the_market_cap_difference_between_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\" title=\"What is the market cap difference between Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\">What is the market cap difference between Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#What_are_the_PE_and_PB_ratios_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\" title=\"What are the PE and PB ratios of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\">What are the PE and PB ratios of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Which_of_the_three_has_the_highest_ROE\" title=\"Which of the three has the highest ROE?\">Which of the three has the highest ROE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Which_of_these_three_stocks_pays_the_highest_dividend_yield\" title=\"Which of these three stocks pays the highest dividend yield?\">Which of these three stocks pays the highest dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#What_is_the_debt_to_equity_ratio_for_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\" title=\"What is the debt to equity ratio for Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\">What is the debt to equity ratio for Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#What_were_the_latest_quarterly_revenue_and_net_profit_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\" title=\"What were the latest quarterly revenue and net profit of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\">What were the latest quarterly revenue and net profit of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/reliance-power-vs-waaree-renewable-vs-olectra-greentech\/#Does_this_comparison_recommend_one_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\" title=\"Does this comparison recommend one of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\">Does this comparison recommend one of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech_Company_Overview\"><\/span><strong>Reliance Power, Waaree Renewable Technologies and Olectra Greentech: Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Reliance Power<\/strong> is a listed Indian company in the power and green energy space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 8,193 crore, a return on equity of -0.92% and a book value of Rs 35.30 per share. Its quarterly revenue moved from Rs 2,025.31 crore in June 2025 to Rs 2,103.75 crore in June 2026, a change of +3.9%.<\/p>\n<p><strong>Waaree Renewable Technologies<\/strong> is a listed Indian company in the power and green energy space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 8,311 crore, a return on equity of 51.23% and a book value of Rs 89.52 per share. Its quarterly revenue moved from Rs 608.02 crore in June 2025 to Rs 929.52 crore in June 2026, a change of +52.9%.<\/p>\n<p><strong>Olectra Greentech<\/strong> is a listed Indian company in the power and green energy space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 8,553 crore, a return on equity of 14.46% and a book value of Rs 149.15 per share. Its quarterly revenue moved from Rs 352.55 crore in June 2025 to Rs 577.65 crore in June 2026, a change of +63.8%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Valuation_and_Profitability_Snapshot\"><\/span><strong>Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Valuation and Profitability Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/rpower\/reliance-power-ltd-share-price-today\">Reliance Power<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/waareertl\/waaree-renewable-technologies-ltd-share-price-today\">Waaree Renewable Technologies<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/olectra\/olectra-greentech-ltd-share-price-today\">Olectra Greentech<\/a><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Cap (approx.)<\/td>\n<td>Rs 8,193 crore<\/td>\n<td>Rs 8,311 crore<\/td>\n<td>Rs 8,553 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>NA<\/td>\n<td>16.26<\/td>\n<td>47.47<\/td>\n<\/tr>\n<tr>\n<td>PB Ratio<\/td>\n<td>0.56<\/td>\n<td>8.89<\/td>\n<td>6.99<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>-0.92%<\/td>\n<td>51.23%<\/td>\n<td>14.46%<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM, Rs)<\/td>\n<td>-0.77<\/td>\n<td>48.98<\/td>\n<td>21.95<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.00%<\/td>\n<td>0.00%<\/td>\n<td>0.06%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.92<\/td>\n<td>0.16<\/td>\n<td>0.31<\/td>\n<\/tr>\n<tr>\n<td>Book Value per Share (Rs)<\/td>\n<td>35.30<\/td>\n<td>89.52<\/td>\n<td>149.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Data<\/strong><\/a><\/p>\n<p>On valuation, Reliance Power trades at a PE of NA and a PB of 0.56, Waaree Renewable Technologies at a PE of 16.26 and a PB of 8.89, while Olectra Greentech trades at a PE of 47.47 and a PB of 6.99. On return on equity, the three post -0.92%, 51.23% and 14.46% respectively, and on dividend yield they stand at 0.00%, 0.00% and 0.06%. Olectra Greentech has the highest market capitalisation of the three at Rs 8,553 crore, while Reliance Power has the lowest at Rs 8,193 crore. Olectra Greentech has the highest PE ratio of the three at 47.47, while Waaree Renewable Technologies has the lowest at 16.26. Waaree Renewable Technologies has the highest return on equity of the three at 51.23%, while Reliance Power has the lowest at -0.92%. Reliance Power has the highest debt to equity ratio of the three at 0.92, while Waaree Renewable Technologies has the lowest at 0.16. Debt to equity is 0.92, 0.16 and 0.31 for the three respectively.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Latest_Quarterly_Results\"><\/span><strong>Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Latest Quarterly Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Latest Quarter Revenue<\/th>\n<th>Latest Quarter Net Profit<\/th>\n<th>YoY Change (Revenue)<\/th>\n<th>QoQ Change (Revenue)<\/th>\n<th>YoY Change (Net Profit)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Reliance Power<\/td>\n<td>Rs 2,103.75 crore<\/td>\n<td>Rs 64.71 crore<\/td>\n<td>+3.9%<\/td>\n<td>+8.1%<\/td>\n<td>+44.8%<\/td>\n<\/tr>\n<tr>\n<td>Waaree Renewable Technologies<\/td>\n<td>Rs 929.52 crore<\/td>\n<td>Rs 118.98 crore<\/td>\n<td>+52.9%<\/td>\n<td>-16.1%<\/td>\n<td>+37.7%<\/td>\n<\/tr>\n<tr>\n<td>Olectra Greentech<\/td>\n<td>Rs 577.65 crore<\/td>\n<td>Rs 26.66 crore<\/td>\n<td>+63.8%<\/td>\n<td>-10.6%<\/td>\n<td>+2.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter. A percentage change in net profit is shown as NA where the comparison quarter was a loss or the latest quarter is a loss, since the percentage is not meaningful in that case.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech_Five-Quarter_Revenue_and_Net_Profit_Trend\"><\/span><strong>Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech: Five-Quarter Revenue and Net Profit Trend<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The five-quarter view below shows how revenue and net profit moved from June 2025 to June 2026 for each company in Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech, which helps separate a one-quarter move from a steadier pattern.<\/p>\n<p><strong>Quarterly revenue (Rs crore)<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Reliance Power<\/th>\n<th>Waaree Renewable Technologies<\/th>\n<th>Olectra Greentech<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>June 2025<\/td>\n<td>Rs 2,025.31 crore<\/td>\n<td>Rs 608.02 crore<\/td>\n<td>Rs 352.55 crore<\/td>\n<\/tr>\n<tr>\n<td>September 2025<\/td>\n<td>Rs 2,067.10 crore<\/td>\n<td>Rs 779.21 crore<\/td>\n<td>Rs 660.94 crore<\/td>\n<\/tr>\n<tr>\n<td>December 2025<\/td>\n<td>Rs 1,949.78 crore<\/td>\n<td>Rs 856.18 crore<\/td>\n<td>Rs 667.10 crore<\/td>\n<\/tr>\n<tr>\n<td>March 2026<\/td>\n<td>Rs 1,946.33 crore<\/td>\n<td>Rs 1,108.45 crore<\/td>\n<td>Rs 645.90 crore<\/td>\n<\/tr>\n<tr>\n<td>June 2026<\/td>\n<td>Rs 2,103.75 crore<\/td>\n<td>Rs 929.52 crore<\/td>\n<td>Rs 577.65 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Quarterly net profit (Rs crore)<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Quarter<\/th>\n<th>Reliance Power<\/th>\n<th>Waaree Renewable Technologies<\/th>\n<th>Olectra Greentech<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>June 2025<\/td>\n<td>Rs 44.68 crore<\/td>\n<td>Rs 86.39 crore<\/td>\n<td>Rs 26.03 crore<\/td>\n<\/tr>\n<tr>\n<td>September 2025<\/td>\n<td>Rs 87.32 crore<\/td>\n<td>Rs 116.34 crore<\/td>\n<td>Rs 49.43 crore<\/td>\n<\/tr>\n<tr>\n<td>December 2025<\/td>\n<td>Rs 25.11 crore<\/td>\n<td>Rs 120.19 crore<\/td>\n<td>Rs 46.68 crore<\/td>\n<\/tr>\n<tr>\n<td>March 2026<\/td>\n<td>-Rs 494.00 crore<\/td>\n<td>Rs 155.71 crore<\/td>\n<td>Rs 57.39 crore<\/td>\n<\/tr>\n<tr>\n<td>June 2026<\/td>\n<td>Rs 64.71 crore<\/td>\n<td>Rs 118.98 crore<\/td>\n<td>Rs 26.66 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Reliance Power reported revenue of Rs 2,025.31 crore in June 2025 and Rs 2,103.75 crore in June 2026, a change of +3.9% across the period. Its highest quarterly revenue in this window was Rs 2,103.75 crore in June 2026. Net profit stood at Rs 64.71 crore in June 2026, which is a net profit margin of 3.08%. Reliance Power reported a net loss in March 2026.<\/p>\n<p>Waaree Renewable Technologies reported revenue of Rs 608.02 crore in June 2025 and Rs 929.52 crore in June 2026, a change of +52.9% across the period. Its highest quarterly revenue in this window was Rs 1,108.45 crore in March 2026. Net profit stood at Rs 118.98 crore in June 2026, which is a net profit margin of 12.80%.<\/p>\n<p>Olectra Greentech reported revenue of Rs 352.55 crore in June 2025 and Rs 577.65 crore in June 2026, a change of +63.8% across the period. Its highest quarterly revenue in this window was Rs 667.10 crore in December 2025. Net profit stood at Rs 26.66 crore in June 2026, which is a net profit margin of 4.62%.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Reliance Power, Waaree Renewable Technologies and Olectra Greentech live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Look_at_Beyond_These_Numbers\"><\/span><strong>What Should Investors Look at Beyond These Numbers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Beyond the metrics above, investors comparing these three power and green energy names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and factors specific to the segment such as power demand, tariff and fuel costs, order book size, policy support and debt levels. A single-quarter snapshot can shift quickly, and smaller companies in particular can show wide swings from one quarter to the next.<\/p>\n<p>It also helps to read the latest quarterly filings and investor presentations of Reliance Power, Waaree Renewable Technologies and Olectra Greentech directly, since the figures here come from standardised data and do not capture company-specific context such as one-time items, order timing or promoter actions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech highlights how differently three companies in the same power and green energy segment can look across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Reliance_Power_vs_Waaree_Renewable_Technologies_vs_Olectra_Greentech\"><\/span><strong>FAQs on Reliance Power vs Waaree Renewable Technologies vs Olectra Greentech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_difference_between_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\"><\/span><strong>What is the market cap difference between Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of October 2026, Reliance Power has a market cap of approximately Rs 8,193 crore, Waaree Renewable Technologies is at approximately Rs 8,311 crore, and Olectra Greentech is at approximately Rs 8,553 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_PE_and_PB_ratios_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\"><\/span><strong>What are the PE and PB ratios of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of October 2026, the PE ratios stand at NA, 16.26 and 47.47 respectively, and the price to book ratios stand at 0.56, 8.89 and 6.99 respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_the_three_has_the_highest_ROE\"><\/span><strong>Which of the three has the highest ROE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reliance Power, Waaree Renewable Technologies and Olectra Greentech post ROE of -0.92%, 51.23% and 14.46% respectively as of October 2026. Waaree Renewable Technologies has the highest return on equity of the three at 51.23%, while Reliance Power has the lowest at -0.92%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_three_stocks_pays_the_highest_dividend_yield\"><\/span><strong>Which of these three stocks pays the highest dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reliance Power, Waaree Renewable Technologies and Olectra Greentech carry dividend yields of 0.00%, 0.00% and 0.06% respectively.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_debt_to_equity_ratio_for_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\"><\/span><strong>What is the debt to equity ratio for Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reliance Power carries a debt to equity of 0.92, Waaree Renewable Technologies of 0.16, and Olectra Greentech of 0.31.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_the_latest_quarterly_revenue_and_net_profit_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\"><\/span><strong>What were the latest quarterly revenue and net profit of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For Q1 FY27 (quarter ended June 2026), Reliance Power reported revenue of Rs 2,103.75 crore and net profit of Rs 64.71 crore, Waaree Renewable Technologies reported revenue of Rs 929.52 crore and net profit of Rs 118.98 crore, and Olectra Greentech reported revenue of Rs 577.65 crore and net profit of Rs 26.66 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_this_comparison_recommend_one_of_Reliance_Power_Waaree_Renewable_Technologies_and_Olectra_Greentech\"><\/span><strong>Does this comparison recommend one of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This comparison does not declare one stock ahead of another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor&#8217;s own criteria and research.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the market cap difference between Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of October 2026, Reliance Power has a market cap of approximately Rs 8,193 crore, Waaree Renewable Technologies is at approximately Rs 8,311 crore, and Olectra Greentech is at approximately Rs 8,553 crore.\"}},{\"@type\":\"Question\",\"name\":\"What are the PE and PB ratios of Reliance Power, Waaree Renewable Technologies and Olectra Greentech?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of October 2026, the PE ratios stand at NA, 16.26 and 47.47 respectively, and the price to book ratios stand at 0.56, 8.89 and 6.99 respectively.\"}},{\"@type\":\"Question\",\"name\":\"Which of the three has the highest ROE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reliance Power, Waaree Renewable Technologies and Olectra Greentech post ROE of -0.92%, 51.23% and 14.46% respectively as of October 2026. 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