Waa Solar

When is the next results date for Waa Solar?

No Upcoming Board Meetings

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

Who are the peers of the Waa Solar?

Waa Solar's peers include NTPC, Power Grid Corp, Adani Power, Adani Green, Tata Power, and others. Waa Solar has average management risk and growth, but its 1-year return of -58.07% is the lowest among its peers.

Peers: The peers of Waa Solar are NTPC, Power Grid Corpn, Adani Power, Adani Green, Tata Power Co., Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter, and Veer Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Adani Power, while Average management risk is found at NTPC, Power Grid Corpn, Tata Power Co., and Waa Solar. Below Average management risk is noted for Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter, and Veer Energy. Growth is Excellent at Adani Power and Good at Gita Renewable, while Average growth is seen at NTPC, Tata Power Co., Waa Solar, Energy Devl.Co., Karma Energy Ltd, and Advance Meter. Below Average growth is present at Power Grid Corpn, Adani Green, and Veer Energy, while Adani Green does not qualify for growth. Capital Structure ratings show Below Average for NTPC, Power Grid Corpn, Adani Power, Tata Power Co., Waa Solar, Energy Devl.Co., Karma Energy Ltd, Gita Renewable, Advance Meter, and Veer Energy, while Adani Green does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Energy Devl.Co. at -14.39%, while Waa Solar has the lowest at -58.07%, indicating that Waa Solar's return is significantly worse than its peers. Additionally, the six-month return is negative for NTPC, Power Grid Corpn, Adani Green, Tata Power Co., Waa Solar, Energy Devl.Co., and Advance Meter.

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.

Who are in the management team of Waa Solar?

As of March 2022, 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. Each member contributes to the company's strategic direction and governance.

As of March 2022, the management team of Waa Solar includes the following members:<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>Each member plays a crucial role in guiding the company's strategic direction and governance.

What does Waa Solar do?

Waa Solar Ltd is a micro-cap company focused on solar power projects, incorporated in 2009 and transitioned to a public company in 2018. It operates primarily in Gujarat and currently has a market cap of INR 98 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 Ltd 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 98 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 81.00<BR>Industry P/E: 21<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.10<BR>Return on Equity: 0.67%<BR>Price to Book: 0.54<BR><BR>Contact Details:<BR>Address: Madhav House Subhanpura, Nr Panchratna Building Vadodara Gujarat : 390023<BR>Phone: 91-0265-2290722<BR>Email: info@waasolar.org<BR>Website: http://www.waasolar.org

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%.

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.

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.

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.

Why is Waa Solar Ltd falling/rising?

As of 16-Mar, Waa Solar Ltd's stock price is rising to Rs 48.89, up 3.73%, and has outperformed the sector today. Despite this increase and heightened investor interest, the stock remains below its key moving averages, indicating a longer-term downward trend.

As of 16-Mar, Waa Solar Ltd's stock price is rising, currently at Rs 48.89, reflecting an increase of Rs 1.76 or 3.73%. This upward movement is notable as the stock has outperformed the sector by 3.44% today. The stock reached an intraday high of Rs 49.39, which is a 4.8% increase, although it also experienced a low of Rs 45.1, indicating some volatility within the trading day.<BR><BR>Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 73.91% compared to the 5-day average, which suggests growing interest among investors. However, it is important to note that Waa Solar is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend despite today's positive performance. <BR><BR>Overall, the combination of today's price increase, improved investor participation, and sector outperformance contributes to the current rise in Waa Solar Ltd's stock price.

Which are the latest news on Waa Solar?