In ₹ Crore except Per Share Latest Annual	AWHCL FY26	CEWATER FY26	EMSLIMITED FY26	RACE FY26	Peer Average
Valuation — at last close
P/E	◆ 10.80×	24.41×	17.83×	24.81×	22.35× -52%
P/B	1.10×	◆ 0.84×	1.53×	2.44×	1.61× -31%
EV/EBITDA	◆ 6.30×	15.50×	12.19×	18.86×	15.52× -59%
Market Cap	₹815 Cr	₹482 Cr	₹1,614 Cr	₹181 Cr	₹759 Cr +7%
Growth
Revenue CAGR 3Y	7.17%	—	—	—	—
Revenue CAGR 5Y	17.76%	—	—	—	—
Net Income CAGR 3Y	2.75%	—	—	—	—
Revenue YoY (latest Q)	5.52%	-16.65%	-34.18%	◆ 21.91%	-9.64% +157%
Net Income YoY (latest Q)	-96.74%	-526.54%	-59.30%	◆ 150.23%	-145.20% +33%
Profitability
EBITDA Margin	◆ 19.51%	6.57%	19.16%	2.30%	9.34% +109%
Net Income Margin	8.71%	3.54%	◆ 12.45%	1.18%	5.72% +52%
Return on Common Equity	◆ 10.79%	3.58%	8.91%	10.01%	7.50% +44%
Return on Capital Employed	9.23%	3.42%	11.59%	◆ 14.89%	9.97% -7%
Return on Assets	5.41%	2.19%	◆ 7.31%	3.67%	4.39% +23%
Credit & Quality
Total Debt/Equity	0.46×	0.26×	◆ 0.15×	1.04×	0.48× -5%
Interest Coverage	1.97×	0.96×	◆ 9.83×	1.51×	4.10× -52%
Scale — latest FY
Revenue / Total Income	₹1,053 Cr	₹558 Cr	₹733 Cr	₹619 Cr	₹636 Cr +65%
Net Income	₹91.7 Cr	₹19.8 Cr	₹91.2 Cr	₹7.3 Cr	₹39.4 Cr +133%
Total Assets	₹1,739 Cr	₹952 Cr	₹1,331 Cr	₹216 Cr	₹833 Cr +109%
EPS	₹26.59	₹9.55	₹16.3	₹4.23	₹10.03 +165%
Book Value per Share	₹260.43	₹276.17	₹190.06	₹42.95	₹169.73 +53%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.