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Comparison

Emco Industries Limited vs Waves Corporation Limited

Waves Corporation Limited (WAVES) is worth Rs 2.5 bn at the latest close, 2.0 times the market value of Emco Industries Limited (EMCO) at Rs 1.3 bn. In their latest annual results EMCO reported revenue of Rs 4.7 bn (FY2026) and WAVES Rs 4.8 bn (FY2025). EMCO trades at 18.1× earnings and WAVES at 5.7×.

EMCO and WAVES compared
Latest EMCO FY2026 WAVES FY2025
Price Rs 36.00 Rs 8.91
Market value Rs 1.3 bn Rs 2.5 bn
P/E 18.1× 5.7× (stronger)
P/B 0.37× 0.25× (stronger)
Dividend yield 0.0% 0.0%
Revenue (latest year) Rs 4.7 bn Rs 4.8 bn
Revenue growth, year on year 29.7% (stronger) 21.2%
Revenue growth, 5 years a year 18.1% (stronger) -10.9%
Profit (latest year) Rs 69.4 mn Rs 436.6 mn (stronger)
EPS (latest year) Rs 1.98 Rs 1.55
Dividend per share Rs 0.00 Rs 0.00
Net margin 1.5% 11.1% (stronger)
Return on equity 2.1% 4.3% (stronger)
Debt to equity 55.5% 55.2% (stronger)
Current ratio 1.36× 1.70× (stronger)
Dividend streak (years) 0 0

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year EMCO WAVES
Revenue by fiscal year Rs 10 bn EMCO FY2017: Rs 1.0 bn WAVES FY2017: Rs 3.7 bn FY2017 EMCO FY2018: Rs 1.2 bn WAVES FY2018: Rs 8.5 bn FY2018 EMCO FY2019: Rs 1.4 bn WAVES FY2019: Rs 9.5 bn FY2019 EMCO FY2020: Rs 1.6 bn WAVES FY2020: Rs 8.5 bn FY2020 EMCO FY2021: Rs 2.0 bn WAVES FY2021: Rs 10.4 bn FY2021 EMCO FY2022: Rs 2.6 bn WAVES FY2022: Rs 9.9 bn FY2022 EMCO FY2023: Rs 3.5 bn WAVES FY2023: Rs 5.2 bn FY2023 EMCO FY2024: Rs 4.2 bn WAVES FY2024: Rs 3.9 bn FY2024 EMCO FY2025: Rs 3.6 bn WAVES FY2025: Rs 4.8 bn FY2025 EMCO FY2026: Rs 4.7 bn FY2026
Profit by fiscal year EMCO WAVES
Profit by fiscal year Rs 1 bn EMCO FY2017: Rs 29.1 mn WAVES FY2017: Rs 312.1 mn FY2017 EMCO FY2018: Rs 36.0 mn WAVES FY2018: Rs 382.1 mn FY2018 EMCO FY2019: Rs 144.5 mn WAVES FY2019: Rs 378.3 mn FY2019 EMCO FY2020: Rs 117.9 mn WAVES FY2020: Rs 127.5 mn FY2020 EMCO FY2021: Rs 201.9 mn WAVES FY2021: Rs 318.6 mn FY2021 EMCO FY2022: Rs 216.9 mn WAVES FY2022: Rs 236.4 mn FY2022 EMCO FY2023: Rs 292.9 mn WAVES FY2023: Rs 226.7 mn FY2023 EMCO FY2024: Rs 219.0 mn WAVES FY2024: Rs 1.0 bn FY2024 EMCO FY2025: Rs 55.7 mn WAVES FY2025: Rs 436.6 mn FY2025 EMCO FY2026: Rs 69.4 mn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.