Waa Solar
Waa Solar Share Price Chart
Waa Solar last traded at ₹43.58 (2026-10-13). Over the past month the stock moved -16.2%, three months the stock moved -22.9%, year the stock moved -37.7%. Its closing range over 52 weeks is ₹42.50 – ₹68.81, with the latest close 36.7% below the high.
Closing prices up to 2026-10-13.
About Waa Solar
Incorporated in 2009, Waa Solar Ltd is in the business of solar power generation and its transmission[1]
Business Overview:[1] WSL is a subsidiary of Madhav Power Pvt. Ltd which operates in Renewable Energy, Infrastructure and real estate sector. It does solar power generation by setting up Solar Power Project and by investing in Special Purpose Vehicle companies which are engaged in solar power generation activities. Company is planning to commence Engineering, Procurement and Construction in solar project
Fundamentals
Quarterly Results
In the latest quarter (Mar 2026), Waa Solar reported sales of ₹18.96 crore (+523.7%) and net profit of ₹-1.17 crore (-173.6%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 18.96 | 9.13 | 48.15 | -1.17 | -0.88 |
| Sep 2025 | 8.81 | 6.36 | 72.19 | 1.82 | 1.37 |
| Mar 2025 | 13.86 | 5.66 | 40.84 | 7.26 | 5.47 |
| Sep 2024 | 14.38 | 4.70 | 32.68 | -0.29 | -0.22 |
| Mar 2024 | 3.04 | 1.16 | 38.16 | 1.59 | 1.46 |
| Sep 2023 | 23.65 | 17.01 | 71.92 | 5.04 | 3.54 |
| Mar 2023 | 23.36 | 18.93 | 81.04 | 6.81 | 4.57 |
| Sep 2022 | 25.68 | 16.49 | 64.21 | 3.60 | 2.87 |
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +20.1% | +2.6% | +10.9% | -87.7% | -44.0% | -40.7% | -62.7% | +523.7% |
| Operating profit growth | -10.0% | +3.5% | -3.0% | -93.4% | -71.5% | -70.1% | -62.6% | +687.1% |
| Net profit growth | +71.4% | +209.5% | +19.7% | -55.0% | -108.1% | +6.6% | -63.9% | -173.6% |
| EPS growth | +92.6% | +192.9% | +24.6% | -44.5% | -107.7% | +19.7% | -61.3% | -160.3% |
| OPM % | 64.2% | 81.0% | 71.9% | 38.2% | 32.7% | 40.8% | 72.2% | 48.2% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Waa Solar reported sales of ₹27.77 crore (-1.7%) and net profit of ₹0.65 crore (-90.7%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 27.77 | 15.49 | 55.78 | 0.65 | 0.49 |
| Mar 2025 | 28.25 | 10.35 | 36.64 | 6.97 | 5.25 |
| Mar 2024 | 26.40 | 18.29 | 69.28 | 6.63 | 5.00 |
| Mar 2023 | 48.74 | 35.44 | 72.71 | 10.38 | 7.42 |
| Mar 2022 | 45.72 | 35.21 | 77.01 | 7.73 | 5.47 |
| Mar 2021 | 43.84 | 36.63 | 83.55 | 4.30 | 3.05 |
| Mar 2020 | 47.88 | 29.05 | 60.67 | 11.25 | 8.36 |
| Mar 2019 | 79.34 | 60.52 | 76.28 | 3.79 | 3.14 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +56.2% | -39.7% | -8.4% | +4.3% | +6.6% | -45.8% | +7.0% | -1.7% |
| Operating profit growth | +45.1% | -52.0% | +26.1% | -3.9% | +0.7% | -48.4% | -43.4% | +49.7% |
| Net profit growth | -3.3% | +196.8% | -61.8% | +79.8% | +34.3% | -36.1% | +5.1% | -90.7% |
| EPS growth | -17.2% | +166.2% | -63.5% | +79.3% | +35.6% | -32.6% | +5.0% | -90.7% |
| OPM % | 76.3% | 60.7% | 83.6% | 77.0% | 72.7% | 69.3% | 36.6% | 55.8% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
No AI analysis generated yet for Waa Solar.
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Frequently Asked Questions
What is Waa Solar's current stock price?
Waa Solar shares were last quoted at ₹43.58 (-2.2% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Waa Solar?
Waa Solar has a price-to-earnings (P/E) ratio of -146.36 and a price-to-book (P/B) ratio of 0.35. The industry P/E is 58.00.
What is the 52-week high and low of Waa Solar?
The 52-week high of Waa Solar is ₹78.70 and the 52-week low is ₹40.90.
What is the market cap of Waa Solar?
The market capitalisation of Waa Solar is about ₹64.08 crore.
How did Waa Solar perform in its latest quarterly results?
In the latest quarter (Mar 2026), Waa Solar reported sales of ₹18.96 crore (+523.7%) and net profit of ₹-1.17 crore (-173.6%), compared with the same quarter last year.
Is Waa Solar a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Waa Solar has a 3-year ROE of 3.00%, 3-year profit growth of -60.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Waa Solar?
Promoters hold about 67.86% of Waa Solar.
Which sector does Waa Solar belong to?
Waa Solar belongs to the Electric Equipment sector.