WAA Solar Financials

BSE: 541445

₹46.00

₹2.75 (6.36%)

As on 04-Sep-2026IST

Market cap

₹61 Cr

Revenue (TTM)

₹28 Cr

P/E Ratio

93.9

P/B Ratio

0.3

Div. Yield

0 %

Income Statement (₹ Cr)	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Operating Revenue	28.25	26.69	49.04	46.00	44.16	48.24
Total Income	30.85	27.35	49.70	47.06	45.44	69.60
Total Expenditure	17.89	8.51	13.61	10.79	7.55	19.22
EBITDA	10.35	18.18	35.43	35.21	36.60	29.01
Depreciation	3.92	8.98	15.96	16.13	16.39	19.56
EBIT	6.43	9.20	19.47	19.08	20.21	9.46
Interest	5.09	4.01	10.06	11.82	14.97	18.31
Other Income	2.60	0.66	0.65	1.06	1.28	21.36
Exceptional Items	--	--	--	--	--	--
Profit before Tax	3.94	5.85	10.07	8.32	6.52	12.52
Provision for Tax	0.04	1.31	1.77	2.02	2.52	2.37
Profit after Tax	3.91	4.54	8.30	6.30	4.00	10.15
Minority Interest	0.00	0.00	-0.54	-0.47	-0.25	-0.13
Share of Associate	3.07	2.09	2.08	1.43	0.30	1.10
Consolidated Profit	6.97	6.63	9.84	7.26	4.05	11.12

Liabilities (₹ Cr)	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Shareholder's Funds	187.04	182.16	180.20	172.09	164.83	161.56
Minority Interest	-1.13	-1.13	19.11	18.57	18.10	24.31
Non-Current Liabilities	122.99	46.92	72.80	94.11	113.91	131.24
Current Liabilities	24.38	6.63	26.38	25.52	25.01	24.56
Total Liabilities	333.28	234.58	298.50	310.29	321.85	341.67

Assets (₹ Cr)	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Non-Current Assets	216.88	141.89	194.42	209.53	220.37	226.81
Current Assets	116.40	92.69	104.09	100.77	101.48	114.86
Total Assets	333.28	234.58	298.50	310.29	321.85	341.67
Total Debt*	142.25	50.81	93.50	114.91	134.89	149.23
Net Current Assets	92.02	86.07	77.71	75.24	76.47	90.30
Contingent Liabilities	37.00	58.71	90.20	213.37	211.70	219.81

Cashflow (₹ Cr)	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Cash From Operating Activities	-4.55	14.97	36.86	31.00	33.96	24.57
Cash Flow from Investing Activities	-62.95	51.44	-1.29	1.41	-18.28	75.69
Cash from Financing Activities	86.34	-66.94	-30.92	-31.15	-38.52	-105.83
Net Cash Inflow / Outflow	18.84	-0.53	4.65	1.27	-22.84	-5.58

Financials Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Adjusted EPS (₹)	5.26	5.00	7.42	5.47	3.05	8.38
Cash EPS (₹)	5.90	10.19	18.29	16.91	15.37	22.39
Adjusted Book Value (₹)	140.99	137.30	135.83	129.72	124.25	121.78
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	-3.43	11.28	27.78	23.37	51.19	37.03
Free Cash Flow per Share (₹)	-64.94	8.42	20.06	14.15	30.37	27.56

Profitability Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
ROCE (%)	3.21	3.89	7.18	6.86	7.04	8.88
ROE (%)	2.12	2.51	4.71	3.74	2.45	6.54
ROA (%)	1.38	1.70	2.73	1.99	1.21	2.53
EBIT Margin (%)	22.76	34.47	39.71	41.48	45.78	19.61
Net Margin (%)	12.66	16.60	16.71	13.39	8.80	14.58
Cash Profit Margin (%)	27.71	50.66	49.47	48.76	46.17	61.58

Growth Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Revenue Growth (%)	5.83	-45.58	6.61	4.18	-8.46	-39.62
EBIT Growth (%)	-30.11	-52.76	2.06	-5.60	113.68	-65.60
Net Profit Growth (%)	-13.99	-45.32	31.80	57.56	-60.60	177.10
EPS Growth (%)	5.16	-32.63	35.59	79.17	-63.57	165.81
Book Value Growth (%)	2.68	1.09	4.71	4.40	2.03	8.52

Valuation Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Price / Earnings	12.26	22.95	4.99	7.43	7.49	0.50
Price / Book Value	0.46	0.84	0.27	0.31	0.37	0.07
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	14.64	9.75	3.40	4.24	4.80	2.46
Close Price (₹)	64.46	114.70	37.00	40.65	45.75	8.45
High Price (₹)	261.80	207.66	57.00	62.30	52.50	20.95
Low Price (₹)	62.80	34.70	34.70	21.75	7.78	7.68
Market Cap (₹ Cr)	85.52	152.17	49.09	53.93	60.70	11.21

Solvency Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Debt to Equity	0.76	0.28	0.52	0.67	0.82	0.92
Short term debt to equity ratio	0.05	0.00	--	--	--	--
Current Ratio	4.77	13.99	3.95	3.95	4.06	4.68
Quick Ratio	4.77	13.59	3.91	3.85	4.02	4.64
Interest Coverage	1.77	2.46	2.00	1.70	1.44	1.68

Operating Efficiency Ratios	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16	Mar-15
Debtors to sales (%)	59.02	56.26	24.75	28.82	24.48	22.19
Asset Turnover	0.10	0.10	0.16	0.15	0.13	0.12
Receivable days	204.72	185.67	94.50	95.47	88.91	52.46
Inventory Days	--	25.04	13.45	14.05	7.75	6.83
Payable days	249.78	-287.71	--	-884.98	--	48.40
Cash Conversion Cycle	-45.07	498.42	107.95	994.50	96.65	10.89