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BSE · 541445

Waa Solar Limited

45.61
₹230 Cr market cap
P/E
139.52
EPS
₹—
Book value
₹137.96
ROE
ROCE
Debt / equity
0.52

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

021.4242.8464.2685.68Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹31 Cr with net profit ₹7 Cr — a 22.61% net margin, versus 24.24% the period before.

Shareholding

As of 2026-03-31

67.86%
promoter holding
  • Promoter67.86%
  • Public32.14%

2,307 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

69.81%67.86%Sep 22Mar 26

52-week position

Where the current price sits in its yearly band

40.945.6178.7

The band spans 1.92× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Power Generation And Supply · ranked #1 of 40 by market cap · medians across 37 industry peers

P/E
139.52vs 39.95 peer med
P/B
1.25vs 2.38 peer med
ROE %
vs 7.28 peer med
Margin %
vs 8.29 peer med
CompanyMkt capP/EP/BROEMargin
Adani Power Ltd.₹4,02,992 Cr100.476.2119.76%23.66%
NTPC Ltd.₹3,34,390 Cr12.051.6513.31%14.53%
Power Grid Corporation of India Ltd.₹2,65,718 Cr16.682.6415.85%34.08%
Adani Green Energy Ltd.₹2,23,802 Cr583.1311.219.24%13.4%
Adani Energy Solution Ltd.₹1,99,293 Cr291.567.848.98%8.27%
Tata Power Company Ltd.₹1,20,129 Cr30.523.049.49%6.09%
Siemens Energy India Ltd.₹1,11,170 Cr82.4523.127.22%14.99%
JSW Energy Ltd.₹99,613 Cr256.273.17.28%11.85%
NHPC Ltd.₹78,422 Cr20.821.899.09%32.42%
NTPC Green Energy Limited₹76,351 Cr125.854.032.76%18.48%
Waa Solar Limited(this company)

AI analysis

AI-generated · google/gemini-2.5-flash

Waa Solar Limited reported a revenue of Rs 30.85 Cr, with its shares trading between a 52-week high of Rs 78.7 and a low of Rs 40.9. The promoter holding stands at 67.8595% as of March 31, 2026.

Positives

  • +The number of shareholders increased from 327 in March 2021 to 2307 in March 2026.
  • +The net profit increased by 5.17% from Rs 6.6315 Cr in March 2024 to Rs 6.974 Cr in March 2025.

Negatives

  • Revenue decreased by 38.39% from Rs 49.695 Cr in March 2023 to Rs 30.8498 Cr in March 2025.
  • Promoter pledge stands at a high of 75.16% as of March 31, 2026.
  • Promoter holding decreased from 69.8133% in March 2021 to 67.8595% in March 2026.
  • The company's EBITDA decreased by 55.05% from Rs 20.1265 Cr in March 2023 to Rs 9.0336 Cr in March 2025.
  • No quarterly results have been disclosed since March 2026.

Financial Performance

The company's annual revenue was Rs 30.8498 Cr in March 2025, a decrease from Rs 49.695 Cr in March 2023. Net profit for March 2025 was Rs 6.974 Cr, up from Rs 6.6315 Cr in March 2024, but down from Rs 9.8428 Cr in March 2023. Earnings per share (EPS) for March 2025 was Rs 5.26.

Balance Sheet

The debt-to-equity ratio of Waa Solar Limited is 0.52. No other balance sheet figures are available in the provided data.

Ownership & Pledges

There are no holdings reported for DII or FII. A significant portion of promoter holding, 75.16%, is pledged. The number of shareholders is 2307.

Promoter Shareholding History

Promoter holding has seen fluctuations; it was 69.8133% in March 2021 and has since decreased to 67.8595% by March 2026. Promoter pledge percentage was 73.05% in March 2021 and increased to 75.16% by March 2026.

Data as of — price: 2026-07-30 · financials: Mar 25 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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