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Waa Solar Ltd

WAAPower Generation
62.49+0.00 (+0.00%)
As on 19 Jan 2026, 10:09 amMarket Open

Fundamental Score

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Waa Solar Ltd Share Price Live NSE/BSE

No data
High
0.00
Low
0.00
Volume
0
Change
+0.00%

Profitability Metrics

Poor

Return on Equity

3.78%
Poor

Return on Capital Employed

3.22%
Excellent

Operating Profit Margin (5Y)

70.44%
Poor

Dividend Yield

0.00%

Valuation Metrics

Excellent

Price to Earnings

7.99x

Market Capitalization

72.81 (Cr)

Industry P/E

26.91x

Growth Metrics

Excellent

YoY Quarterly Profit Growth

737.93%
Poor

YoY Quarterly Sales Growth

-38.73%
Poor

Sales Growth (5Y)

-10.01%
Excellent

EPS Growth (5Y)

30.75%
Excellent

Profit Growth (5Y)

30.68%

Financial Health

Poor

Debt to Equity

0.88x
Poor

Interest Coverage

1.72x
Good

Free Cash Flow (5Y)

34.23 (Cr)

Ownership Structure

Good

Promoter Holding

67.86%
Poor

FII Holding

0.00%
Poor

DII Holding

0.00%
Poor

Pledged Percentage

75.16%
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.
67.86%
Promoter Holding
72.81 (Cr)
Market Cap

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

Market Data Analysis & Educational Insights

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

Positive Indicators

7 factors identified

Strong Operating Margins (70.44%)

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

Analysis: OPM >15% suggests operational efficiency and competitive advantages. This indicates sustainable profitability potential.

Attractive Valuation (P/E: 7.99 vs Industry: 26.91)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity if fundamentals support the business case.

Robust Profit Growth (737.93%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture. This suggests positive business trajectory.

Excellent EPS Growth (30.75% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.

Strong Profit Growth Track Record (30.68% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.

Strong Cash Generation (₹34.23 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (67.86%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.

Risk Factors

9 factors identified

Below-Average Return on Equity (3.78%)

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 (3.22%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation. Review business model and competitive positioning.

Revenue Contraction (-38.73%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions and competitive positioning. Monitor recovery strategies.

Limited Growth History (-10.01% CAGR)

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

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

Weak Interest Coverage (1.72x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability. Monitor cash flow and debt reduction plans.

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 or margin calls.

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. Assess capital allocation strategy.

Very Low ROE

Observation: Poor capital utilization and shareholder returns.

Analysis: ROE below 5% suggests significant inefficiencies in capital deployment.

Small Market Cap

Observation: Higher investment risk due to limited size.

Analysis: Small-cap stocks typically carry higher volatility and liquidity risks.

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Financial Statements

Comprehensive financial data for Waa Solar Ltd

About WAA

Business Overview

Waa Solar Limited, together with its subsidiaries, engages in the power generation and transmission business primarily in India. The company generates electricity through solar plant. It develops and operates a 10.25 MW solar power plant at Surendranagar, Gujarat; 100 KWP solar power plant at Raja Bhoj airport in Bhopal; and a 10.42 MW solar power project in Koppal, Karnataka. In addition, the company operates solar power projects of 4.00 MW in Punjab and Gujarat. Waa Solar Limited was incorporated in 2009 and is based in Vadodara, India. Waa Solar Limited is a subsidiary of Madhav Power Pvt. Ltd.

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 Stock Details & Analysis

Key Financial Metrics

Return on Equity (ROE)3.78%
Return on Capital Employed3.22%
Operating Profit Margin (5Y)70.44%
Debt to Equity Ratio0.88
Interest Coverage Ratio1.72

Growth & Valuation

Sales Growth (5Y)-10.01%
Profit Growth (5Y)30.68%
EPS Growth (5Y)30.75%
YoY Quarterly Profit Growth737.93%
YoY Quarterly Sales Growth-38.73%

Frequently Asked Questions

What is the current price of Waa Solar Ltd (WAA)?

As of 19 Jan 2026, 10:09 am IST, Waa Solar Ltd (WAA) is currently trading at ₹62.49. The stock has a market capitalization of ₹72.81 (Cr).

Is WAA share price Overvalued or Undervalued?

WAA is currently trading at a P/E ratio of 7.99x, compared to the industry average of 26.91x. Based on this relative valuation, the stock appears to be Undervalued against its sector peers.

What factors affect the Waa Solar Ltd share price?

Key factors influencing WAA's price include its quarterly earnings growth (Sales Growth: -38.73%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Waa Solar Ltd a good stock for long-term investment?

Waa Solar Ltd shows a 5-year Profit Growth of 30.68% and an ROE of 3.78%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.88 before investing.

How does Waa Solar Ltd compare with its industry peers?

Waa Solar Ltd competes with major peers in the Power Generation. Investors should compare WAA's P/E of 7.99x and ROE of 3.78% against the industry averages to determine its competitive standing.

What is the P/E ratio of WAA and what does it mean?

WAA has a P/E ratio of 7.99x compared to the industry average of 26.91x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹8 for every ₹1 of annual earnings.

How is WAA performing according to Bull Run's analysis?

WAA has a Bull Run fundamental score of 32.2/100, which indicates concerns that require careful analysis. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.

What sector and industry does WAA belong to?

WAA operates in the Power Generation industry. This classification helps understand the competitive landscape and sector-specific trends affecting Waa Solar Ltd.

What is Return on Equity (ROE) and why is it important for WAA?

WAA has an ROE of 3.78%, which suggests challenges in generating returns from shareholders' equity. Return on Equity measures how efficiently Waa Solar Ltd generates profits from shareholders' equity.

How is WAA's debt-to-equity ratio and what does it indicate?

WAA has a debt-to-equity ratio of 0.88, which indicates moderate leverage that should be monitored. A ratio below 1.0 generally indicates conservative financing.

What is WAA's dividend yield and is it a good dividend stock?

WAA offers a dividend yield of 0.00%, which means you receive ₹0.00 annual dividend for every ₹100 invested.

How has WAA grown over the past 5 years?

WAA has achieved 5-year growth rates of: Sales Growth -10.01%, Profit Growth 30.68%, and EPS Growth 30.75%.

What is the promoter holding in WAA and why does it matter?

Promoters hold 67.86% of WAA shares, with 75.16% of promoter shares pledged. High promoter holding often indicates strong management confidence.

What is WAA's market capitalization category?

WAA has a market capitalization of ₹73 crores, placing it in the Small-cap category.

How volatile is WAA stock?

WAA has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is the 52-week high and low for WAA?

WAA has a 52-week high of ₹N/A and low of ₹N/A.

What is WAA's operating profit margin trend?

WAA has a 5-year average Operating Profit Margin (OPM) of 70.44%, indicating the company's operational efficiency.

How is WAA's quarterly performance?

Recent quarterly performance shows YoY Sales Growth of -38.73% and YoY Profit Growth of 737.93%.

What is the institutional holding pattern in WAA?

WAA has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the stock.