Waa Solar Ltd Stock Price Today (NSE: WAA)

Waa Solar Ltd

47.30+0.00 (+0.00%)
Market Closed

Fundamental Score

...

Waa Solar Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Waa Solar Ltd share price today is 47.30, up +0.00% on NSE/BSE as of 31 July 2026. Waa Solar Ltd (WAA) is a Small-cap company in the Power Generation sector with a market capitalisation of 65.13 (Cr). The 52-week high for WAA share price is 78.70 and the 52-week low is 40.90. At a P/E ratio of 100.19x, WAA is currently trading above its industry average P/E of 23.39x. The company has a Return on Equity (ROE) of 0.35% and a debt-to-equity ratio of 0.96.

Waa Solar Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
52.68
Low
42.00
Volume
9.3K
Change
-12.77%

Waa Solar Ltd share price chart: -12.77% return over the past month. 52-week high ₹78.70, 52-week low ₹40.90.

Waa Solar Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
47.7547.7545.0145.617.20K (Cr)
46.0046.0046.0046.00800.00 (Cr)
46.0046.5045.0046.005.60K (Cr)
44.5045.0044.5044.9911.20K (Cr)
44.6044.6042.0042.9523.20K (Cr)
44.6546.5044.0044.5228.00K (Cr)
48.5048.5046.0046.6912.80K (Cr)
47.3049.4945.7747.8717.60K (Cr)
47.0147.3047.0147.304.00K (Cr)
47.2049.3347.0049.337.20K (Cr)

Waa Solar Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
51.3552.6842.0045.61-11.18%
55.2557.2050.0052.29-5.36%
65.3070.8052.6056.55-13.40%
47.0074.5043.7364.00+36.17%
46.9752.0042.4342.82-8.84%
52.5056.0046.5147.20-10.10%
75.0078.7051.9255.49-26.01%
56.0073.4140.9073.41+31.09%
63.9968.2548.0152.77-17.53%
65.1267.9960.0563.99-1.74%
68.4072.5064.6865.12-4.80%
67.3369.9062.4068.24+1.35%

AI Research Briefing

Powered by Gemini · 2026-04-10

WAA Solar is a micro-cap PM-KUSUM play with brutal execution and governance risk.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSE1M: -14.24% | 3M: -17.47% | 6M: -31.6%. Breakdown.Cheap at P/E 7.99x vs industry P/E of 26.91x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Last major news was in Feb 2026 regarding change in management.

CORE STORY (THE REAL GAME)

PM-KUSUM scheme play. WAA Solar is a micro-cap chasing grid-connected solar projects, hoping to ride the government's renewable push. This is a contract execution story, not a tech breakthrough.

Why Now
  • Government push for renewables
  • Large order book
  • Cheap valuation
Potential Catalysts
  • Successful execution of MPUVNL order
  • New order wins
  • Improvement in financial metrics
Key Risks
  • Micro-cap liquidity risk
  • High promoter pledging (75.16%)
  • Poor interest coverage (1.72x)
Institutional Activity

Promoter holding unchanged at 67.86% in Sep 2025 quarter. No FII/DII interest.

Macro Context

Strong tailwinds from government's renewable energy targets.

Order Book / Expansion

Secured ₹225 Cr order from MPUVNL in Dec 2025, to be executed over 18 months.

Cash Flow Quality

Free Cash Flow 5Y: ₹34.23 Cr. Profit not consistently converting to cash.

3–6 Month Outlook

Next 6 months hinge on execution of the ₹225 Cr order. Any delays or margin compression will trigger a sell-off.

Primary Thesis Risk

Failure to execute the MPUVNL order will lead to a collapse in stock price.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

0.35%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

3.28%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

64.89%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Waa Solar Ltd Valuation Check

Poor

Price to Earnings (P/E)

100.19x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

23.39x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

67.86%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

75.16%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-114.19%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

36.80%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-8.73%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-30.70%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-30.74%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.96x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.02x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-21.46 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Waa Solar Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of WAA across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Strong Operating Margins (64.89%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Strong Revenue Growth (36.80%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Balanced Promoter Holding (67.86%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

11 factors identified

Below-Average Return on Equity (0.35%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (3.28%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 100.19x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-114.19%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Growth History (-8.73% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (-30.70% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-30.74% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (1.02x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-21.46 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

High Share Pledging Risk (75.16%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Waa Solar Ltd vs Power Generation Peers

Peer Comparison - Power Generation

Compare Waa Solar Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
2.3/100
47
₹65.13
100.2
Average
0.35%
Poor
3.28%
Poor
1.0
Good
-30.74%
Poor
-8.73%
Poor
0.00%
Ntpc Ltd...
NTPC532555
53.7/100
347
₹334000.63
12.3
Average
13.97%
Average
8.33%
Poor
1.3
Average
11.93%
Good
10.93%
Good
2.42%
57.9/100
1383
₹256217.74
140.0
Average
11.40%
Average
7.39%
Poor
5.2
Poor
44.09%
Excellent
32.85%
Excellent
0.00%
34.1/100
555
₹100823.22
46.2
Average
7.51%
Poor
8.16%
Poor
2.5
Poor
22.95%
Excellent
22.25%
Excellent
0.36%
NHPC Ltd...
NHPC533098
40/100
79
₹79466.36
21.1
Average
9.29%
Poor
5.73%
Poor
1.3
Average
2.12%
Average
3.78%
Average
2.41%
16.8/100
90
₹78331.37
149.9
Average
2.79%
Poor
3.53%
Poor
1.7
Average
0.00%
71.5/100
298
₹41931.84
11.9
Average
17.50%
Good
10.45%
Average
1.3
Average
24.13%
Excellent
11.97%
Good
1.19%
18.5/100
363
₹27723.68
55.8
Average
10.38%
Average
8.89%
Poor
3.9
Poor
51.46%
Excellent
3.64%
Average
0.05%
SJVN Ltd...
SJVN533206
32.4/100
69
₹27532.09
42.9
Average
4.52%
Poor
5.57%
Poor
2.3
Poor
-19.33%
Poor
12.75%
Good
2.08%
Nava Ltd...
NAVA513023
55.7/100
553
₹16798.46
21.3
Average
9.63%
Poor
13.00%
Average
0.3
Excellent
13.41%
Good
10.98%
Good
1.35%
18.1/100
18
₹11472.65
25.5
Average
3.60%
Poor
6.97%
Poor
0.3
Excellent
24.10%
Excellent
11.00%
Good
0.00%

Waa Solar Ltd PE Ratio History

Historical price-to-earnings ratio for WAA — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20245.00₹118.9523.8x
FY 20237.42₹89.7012.1x
FY 202211.40₹43.603.8x
FY 202112.22₹38.803.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Waa Solar Ltd Quarterly Performance

Latest quarterly metrics for WAA — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

36.80%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-114.19%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-8.73%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-30.74%

Compounded annual net profit growth over 5 years

Waa Solar Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for WAA — calculated from daily price history

36RSI 14
Neutral — RSI 36

Momentum is balanced — neither overbought nor oversold.

SMA 50
51
▼ Price below SMA 50 — Short-term bearish
SMA 200
55
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
8K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Waa Solar Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Waa Solar Ltd (WAA) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Waa Solar Ltd

About WAA (Waa Solar Ltd)

Waa Solar Ltd is a dynamic force in India's burgeoning power generation sector, committed to harnessing the abundant energy of the sun. The company specializes in developing, opera...ting, and maintaining solar power plants, contributing to a cleaner and more sustainable energy future for the nation. Through strategic investments and technological innovation, Waa Solar is steadily expanding its footprint across diverse geographical locations, playing a pivotal role in meeting India's growing energy demands while minimizing environmental impact. With a strong focus on operational efficiency and project excellence, the company is dedicated to providing reliable and cost-effective solar power solutions. Waa Solar's portfolio showcases a diverse range of solar power projects, each strategically located to optimize energy generation and grid integration. These ventures exemplify the company's commitment to deploying cutting-edge technologies and adhering to the highest industry standards. From the sun-drenched plains of Gujarat to the vibrant landscapes of Karnataka, Waa Solar's projects demonstrate its ability to adapt to varying environmental conditions and deliver consistent performance. By actively managing and optimizing its solar power plants, Waa Solar is ensuring a stable and predictable supply of renewable energy to meet the needs of communities and industries alike. Driven by a vision of a greener tomorrow, Waa Solar is not merely generating electricity; it is fostering a culture of environmental stewardship and sustainable development. The company is actively involved in promoting awareness about the benefits of solar energy and its role in mitigating climate change. Through collaborative partnerships and community engagement initiatives, Waa Solar is striving to create a positive impact beyond its core business activities. With a dedicated team of experts and a relentless pursuit of innovation, Waa Solar is poised to further solidify its position as a leader in India's solar power revolution.

Company Details

Symbol:WAA
Industry:Power Generation
Sector:Power Generation

Key Leadership

Mr. Amit Ashok Khurana
Chairman & MD
Mr. Mangilal Lal Singhi
CFO & Executive Director
Ms. Neelakshi Amit Khurana
Executive cum Whole time Director

WAA Share Price: Frequently Asked Questions

What is the current share price of Waa Solar Ltd?

Waa Solar Ltd (WAA) trades at ₹47.30 on NSE and BSE. Market cap ₹65.13 (Cr). Educational data only.

What is the P/E ratio of Waa Solar Ltd?

Waa Solar Ltd has a P/E of 100.19x vs industry average 23.39x.

What is the Bull Run score for Waa Solar Ltd?

Waa Solar Ltd has a Bull Run score of 2.3/100 based on 25+ financial parameters.

Does Waa Solar Ltd pay dividends?

Waa Solar Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Waa Solar Ltd?

Waa Solar Ltd has ROE of 0.35%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Waa Solar Ltd?

Waa Solar Ltd has debt-to-equity of 0.96.

Is Waa Solar Ltd a good investment?

Bull Run gives Waa Solar Ltd a score of 2.3/100. This is not investment advice — consult a SEBI-registered advisor.