Waa Solar

Why is Waa Solar Ltd falling/rising?

As of 04-Aug, Waa Solar Ltd's stock price is at 44.40, reflecting a decline of 1.7%. The stock has significantly underperformed against the Sensex, with a year-to-date drop of 39.52% and a persistent bearish trend indicated by trading below moving averages and decreased investor participation.

As of 04-Aug, Waa Solar Ltd's stock price is falling, currently at 44.40, which reflects a decrease of 0.77 or 1.7%. The stock has underperformed compared to the benchmark Sensex, which has gained 2.17% over the past week, while Waa Solar has dropped by 3.48%. Over the last month, the stock has seen a significant decline of 12.96%, contrasting with the Sensex's modest increase of 0.86%. Year-to-date, Waa Solar's performance is particularly poor, with a decline of 39.52%, compared to a 7.97% drop in the Sensex.<BR><BR>The stock has been on a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 2.65% during this period. Furthermore, Waa Solar is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent bearish trend. Investor participation has also decreased, with delivery volume on 03 Aug falling by 20% compared to the 5-day average, suggesting reduced interest in the stock. Overall, these factors contribute to the ongoing decline in Waa Solar Ltd's stock price.

Which are the latest news on Waa Solar?

What does Waa Solar do?

Waa Solar Ltd is a micro-cap company focused on solar power projects in Gujarat, incorporated in 2009 and transitioned to a public company in 2018. It currently has a market cap of INR 70 Cr, with no recent revenue or profit data available.

Overview: <BR>Waa Solar Ltd is a company engaged in solar power projects within the power industry and operates in the micro-cap market segment.<BR><BR>History: <BR>Waa Solar Limited was incorporated in 2009 as "Waa Solar Private Limited" and transitioned to a Public Limited Company on February 19, 2018. The company was taken over by M/s. Madhav Power Private Limited in May 2010 to focus on solar power projects in Gujarat. Revenue and profit data are not available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 70 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.60 <BR>Return on Equity: -0.25% <BR>Price-to-Book: 0.38<BR><BR>Contact Details: <BR>Address: Madhav House Subhanpura, Nr Panchratna Building Vadodara Gujarat : 390023 <BR>Tel: 91-0265-2290722 <BR>Email: info@waasolar.org <BR>Website: http://www.waasolar.org

Who are in the management team of Waa Solar?

The management team of Waa Solar includes Amit Khurana (Chairman & Managing Director), Mangilal Singhi (Director), Neelakshi A Khurana (Whole-time Director), and four Independent Directors: Jaini Jain, Sumitkumar Jayantibhai Patel, and Heena Parikh.

The management team of Waa Solar includes the following individuals:<BR><BR>1. Amit Khurana - Chairman & Managing Director<BR>2. Mangilal Singhi - Director<BR>3. Jaini Jain - Independent Director<BR>4. Sumitkumar Jayantibhai Patel - Independent Director<BR>5. Neelakshi A Khurana - Whole-time Director<BR>6. Heena Parikh - Independent Director<BR><BR>If you have any more questions about Waa Solar or its operations, feel free to ask!

Who are the peers of the Waa Solar?

Waa Solar's peers include Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and KKV Agro Powers. Most peers exhibit below average management risk and growth, with KKV Agro Powers showing the highest 1-year return at 0.00% and Indowind Energy the lowest at -59.41%.

Peers: The peers of Waa Solar are Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and KKV Agro Powers.<BR><BR>Quality Snapshot: Below Average management risk is observed at Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., Waa Solar, Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy, and the rest. Good growth is noted at Indowind Energy, Karma Energy Ltd, Gita Renewable, and KKV Agro Powers, while Below Average growth is found at Surana Telecom, Globus Power, Energy Devl.Co., Waa Solar, Advance Meter., and Veer Energy. Average capital structure is present at KKV Agro Powers, while Good capital structure is noted at Karma Energy Ltd, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is KKV Agro Powers at 0.00%, while the lowest is Indowind Energy at -59.41%. Waa Solar's 1-year return of -34.95% is better than Indowind Energy's but worse than KKV Agro Powers. Additionally, Surana Telecom, Indowind Energy, Globus Power, Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter., Veer Energy all have negative six-month returns.

When is the next results date for Waa Solar Ltd?

The next results date for Waa Solar Ltd is 19 May 2026.

The next results date for Waa Solar Ltd is scheduled for 19 May 2026.

Is Waa Solar overvalued or undervalued?

As of November 14, 2025, Waa Solar is considered overvalued with a PE ratio of 64.16 and a year-to-date return of -50.34%, contrasting sharply with more attractively valued peers like NTPC and Tata Power Co.

As of 14 November 2025, Waa Solar's valuation grade has moved from fair to expensive, indicating a significant shift in its market position. The company is currently considered overvalued, with a PE ratio of 64.16, an EV to EBITDA ratio of 25.24, and a ROCE of only 1.23%. In comparison, peers such as NTPC and Tata Power Co. are valued attractively, with PE ratios of 13.41 and 30.72, respectively, highlighting the disparity in valuation metrics within the industry.<BR><BR>The high valuation of Waa Solar is further underscored by its low Price to Book Value of 0.43 and a PEG ratio of 0.00, suggesting that the stock may not be justified by its earnings growth potential. Additionally, the company's recent stock performance has lagged significantly behind the Sensex, with a year-to-date return of -50.34% compared to the Sensex's 8.22%, reinforcing the notion that Waa Solar is overvalued in the current market environment.

How has been the historical performance of Waa Solar?

Waa Solar has experienced significant financial declines, with net sales and profits decreasing from Mar'23 to Mar'25, while total assets and cash reserves increased. Operating cash flow turned negative, but financing activities showed a net inflow in Mar'25.

Answer:<BR>The historical performance of Waa Solar shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Waa Solar's net sales have seen a decline from 49.04 Cr in Mar'23 to 28.25 Cr in Mar'25, with a notable drop in the previous year as well. The total operating income followed a similar trend, decreasing from 49.04 Cr in Mar'23 to 28.25 Cr in Mar'25. The total expenditure, excluding depreciation, increased from 13.61 Cr in Mar'23 to 17.90 Cr in Mar'25, impacting the operating profit, which fell from 35.43 Cr in Mar'23 to 10.35 Cr in Mar'25. Consequently, the profit before tax also declined from 10.07 Cr in Mar'23 to 3.94 Cr in Mar'25, while the profit after tax decreased from 8.30 Cr to 3.91 Cr in the same period. The company's total assets rose from 298.50 Cr in Mar'23 to 333.28 Cr in Mar'25, driven by an increase in cash and bank balances, which grew from 19.78 Cr to 38.10 Cr. However, total liabilities also increased from 298.50 Cr to 333.28 Cr, primarily due to a rise in long-term borrowings from 72.80 Cr to 122.75 Cr. The cash flow from operating activities turned negative, dropping from 36.00 Cr in Mar'23 to -4.00 Cr in Mar'25, while cash flow from financing activities improved significantly, showing a net inflow of 86.00 Cr in Mar'25 compared to an outflow in previous years. Overall, Waa Solar's financial performance reflects a challenging period with declining revenues and profits, despite an increase in total assets and cash reserves.

How big is Waa Solar?

As of 24th July, Waa Solar Ltd has a market capitalization of 97.00 Cr, classifying it as a Micro Cap company. Shareholder's Funds are 182.16 Cr and Total Assets are 234.58 Cr, but recent quarterly performance data is unavailable.

As of 24th July, Waa Solar Ltd has a market capitalization of 97.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent quarterly performance data is not available, so there are no figures for Net Sales or Net Profit for the latest four quarters.<BR><BR>In the balance sheet snapshot for the period ending March 2024, Shareholder's Funds are reported at 182.16 Cr, while Total Assets amount to 234.58 Cr.

Who are the top shareholders of the Waa Solar?

The top shareholders of Waa Solar include Madhav Power Private Limited with a 52.9% stake and individual investors holding 29.11%. Promoter holdings are heavily pledged at 75.16%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of Waa Solar primarily consist of promoters, with Madhav Power Private Limited holding the largest stake at 52.9%. Additionally, individual investors collectively hold 29.11% of the company. Currently, there are no mutual funds or foreign institutional investors (FIIs) holding shares in Waa Solar. The promoter holdings are significantly pledged at 75.1553%.

What is the technical trend for Waa Solar?

As of May 12, 2025, Waa Solar's technical trend is mildly bearish, influenced by mixed signals from MACD and moving averages, with weekly indicators showing mild bullishness while monthly indicators remain bearish.

As of 12 May 2025, the technical trend for Waa Solar has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bullish weekly but mildly bearish monthly. Daily moving averages are mildly bearish, and the KST shows a mildly bullish trend weekly and mildly bearish monthly. Dow Theory indicates a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages.

What is the bonus history of the Waa Solar?

Waa Solar issued a 1:1 bonus on April 27, 2021, with a record date of April 28, 2021, granting shareholders one additional share for each share held.

Waa Solar has a bonus history that includes a notable 1:1 bonus issue announced on April 27, 2021. The record date for this bonus was April 28, 2021. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about Waa Solar or need further details, feel free to ask!

Has Waa Solar declared dividend?

No Dividend History Available