Waa Solar Ltd (WAA) — shareholding pattern, promoter holding, financials and share price
About Waa Solar Ltd (WAA)
Waa Solar Ltd operates in the Power Generation industry, within the Power sector. It trades on the NSE as WAA and on the BSE under scrip code 541445. Its ISIN is INE799N01012.
Incorporated in 2009, Waa Solar Ltd is in the business of solar power generation and its transmission [1]
Waa Solar Limited specializes in the establishment and operation of solar power plants and projects, primarily in Gujarat, India.
The company secured a major contract with Gujarat Urja Vikas Nigam Limited to set up a 10MW solar grid interactive power plant, showcasing its significant involvement in renewable energy.
Listed peers in Power Generation: Energy Development Company Ltd, Karma Energy Ltd, KKV Agro Powers Ltd, Gita Renewable Energy Ltd, Advance Metering Technology Ltd, SRM Energy Ltd.
Valuation & Returns
10 Jul 2026At ₹50.4 a share on 10 Jul 2026, Waa Solar Ltd (WAA) was valued at a price-to-earnings ratio of 102.86x against an industry P/E of 25.26x and a price-to-book of 0.36x on a book value of ₹139.16 per share. Solomo computes return on equity of 0.35% and return on capital employed of 3.12% from filed results.
- P/E
- 102.86x
- Industry P/E
- 25.26x
- P/B
- 0.36x
- EPS (TTM)
- ₹5.26
- Book value / share
- ₹139.16
- ROE
- 0.35%
- ROCE
- 3.12%
- ROA
- -0.09%
- Debt / equity
- 0.96x
- Dividend yield
- 0%
- EBITDA margin
- 65.5%
- 52-week range
- ₹40.9 – ₹78.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Waa Solar Ltd (WAA) reported revenue of ₹27.77 crore, net profit of ₹0.65 crore and earnings per share of ₹0.49. That compares with revenue of ₹28.25 crore and net profit of ₹6.97 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹18.96 crore and net profit ₹-1.17 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 45.72 | 48.74 | 26.4 | 28.25 | 27.77 |
| Net profit (₹ cr) | 7.73 | 10.38 | 6.63 | 6.97 | 0.65 |
| EPS (₹) | 5.47 | 7.42 | 5 | 5.25 | 0.49 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -5.50% | 2.04% | 5.54% | 5.84% |
| Profit growth | - | -34.74% | -37.30% | -13.88% |
| Stock price CAGR | - | 2% | -13% | -38% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 67.86% of Waa Solar Ltd (WAA), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0%. Promoters have pledged 75.2% of their holding. Market capitalisation was ₹67 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2018.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 67.86% | 75.2% | 0% | 0% | 32.14% |
| Sep 2025 | 67.86% | 75.2% | 0% | 0% | 32.14% |
| Mar 2025 | 67.86% | 75.2% | - | - | 32.14% |
| Sep 2024 | 67.85% | 75.2% | - | - | 32.15% |
| Mar 2024 | 68.46% | 74.5% | - | - | 31.54% |
| Sep 2023 | 69.75% | 73.1% | - | - | 30.25% |
| Mar 2023 | 69.81% | 73.1% | - | - | 30.19% |
| Sep 2022 | 69.81% | 73.1% | - | - | 30.19% |