WAA Solar Ltd.

WAA

₹63.7

-1.55% (-1.0)

Market Cap

₹85 Cr.

P/E

12.16

Key Ratios

Edit Ratio's

Market cap

85.00 Cr

12.16

Prom Holding

67.86 %

ROE (%)

3.64

ROCE (%)

4.33

Div Yield (%)

Sales

28.25 Cr

OPM (%)

36.65 %

Debt to Equity

0.28

Edit Ratio's

About

Waa Solar, founded in 2009 in Mumbai by Hitesh Doshi and Viren Doshi, primarily focuses on sol… Read more

Low

52W Range

High

168

Timeline

Key company specific updates

Company Timeline

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Custom financial statement

New

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Forensics

5 Yes

Positive for this company

0 Neutral

Neutral for this company

12 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Promoter Holding

Promoter has been buying shares from the open market over last 90 days
Revenue Recognition

Company is converting accounting profit to cash
Pledge

Promoters have pledged a significant portion of their holding
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Contingent Liabilities

Company has significant contigent liabilities which can be risky

Price & Performance

ROE

Asset turnover is responsible for roe increase over last 10 years
Share price

Share price has decreased over last 10 years more due to earnings
Capex vs ROCE

Roce of the company has decreased even without significant capex
Current vs Historic Valuation

Company is trading at a premium to 3yr historic valuations
Debt

Company might have issues servicing its debt
Working Capital

Company has significant working capital which is dragging its roce and roe
Sales Growth

Sales of the company has grown at a slow pace
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong
Balance Sheet Strength

Balance sheet of the company is moderately strong, but it might have issues paying it suppliers

Revenue mix

Product Wise Break-Up

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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FAQs on WAA Solar Ltd. Business

What does WAA Solar do?

Waa Solar is a company focused on solar power generation through Solar Power Projects and investments in SPVs. Established in 2009 by Hitesh Doshi and Viren Doshi, it was later taken over by Madhav Power in 2010 for solar projects in Gujarat.

Who are the competitors of WAA Solar?

WAA Solar major competitors are Cals Refineries, Energy Development, Karma Energy, Sungarner Energies, Sri KPR Industries, Gita Renewable, KKV Agro Powers.
Market Cap of WAA Solar is ₹86 Crs.
While the median market cap of its peers are ₹54 Crs.

Is WAA Solar financially stable compared to its competitors?

WAA Solar seems to be less financially stable compared to its competitors.
Altman Z score of WAA Solar is 2.66 and is ranked 5 out of its 8 competitors.

View FAQ's On Shareprice

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WAA Solar Ltd.

WAA Solar Ltd.

Key Ratios

About

Timeline

Company Timeline

Custom financial statement

Forensics

5 Yes

0 Neutral

12 No

0 No Data

Accounting & Shareholding

Depreciation Effect

Other Income

Promoter Holding

Revenue Recognition

Pledge

Retail Holding

Contingent Liabilities

Price & Performance

ROE

Share price

Capex vs ROCE

Current vs Historic Valuation

Debt

Working Capital

Sales Growth

Margin Stability

ROCE Strength

Balance Sheet Strength

Revenue mix

Product Wise Break-Up

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Peer Comparison

Corporate Actions

FAQs on WAA Solar Ltd. Business

What does WAA Solar do?

Who are the competitors of WAA Solar?

Is WAA Solar financially stable compared to its competitors?

Company Filing

Discussions & Analysis

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