---
title: "Waa Solar Ltd (541445) — Share Price, Financials & Analysis"
symbol: "541445"
company: "Waa Solar Ltd"
canonical: "https://tapetide.com/stocks/541445"
isin: "INE799N01012"
nse_symbol: "WAASOLARLTD"
bse_code: "541445"
sector: "Power"
industry: "Power Generation"
market_cap_cr: 68.8
generated_at: "2026-09-13T20:15:52.001Z"
---

# Waa Solar Ltd (541445)

Canonical page: https://tapetide.com/stocks/541445

## Company

- **NSE Symbol:** WAASOLARLTD
- **BSE Code:** 541445
- **ISIN:** INE799N01012
- **Sector:** Power
- **Industry:** Power Generation
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2018-06-12
- **CEO:** Mr. Amit Ashok Khurana
- **Employees:** 21
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** waasolar.org

## About

Incorporated in 2009, Waa Solar Ltd is in 
the business of solar power generation 
and its transmission[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:53.365269Z.

- **Market Cap:** ₹68.8 Cr
- **Classification:** SME
- **P/E (reported):** 105.9
- **EPS (reported):** ₹5
- **Book Value:** ₹139.16
- **Price to Book:** 0.37
- **Dividend Yield:** 0%
- **ROE:** 2.1%
- **ROCE:** 2.92%
- **Debt to Equity:** 0.96
- **Revenue (yearly):** ₹27.77 Cr
- **Net Income:** ₹-0.35 Cr
- **EBITDA:** ₹15.48 Cr
- **52-Week High:** ₹78.7
- **52-Week Low:** ₹40.9
- **RSI (14):** 65.66

## Tapetide Score

- **Score:** 36 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 7.3 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 22.47 | 9% |
| growth | 27.75 | 9% |
| momentum | 23.94 | 12% |
| ownership | 50 | 24% |
| quality | 38.95 | 22% |
| valuation | 31.01 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.36 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.73% over past five years.
- Company has a low return on equity of 2.58% over last 3 years.
- Contingent liabilities of Rs.37.0 Cr.
- Promoters have pledged 75.2% of their holding.
- Company has high debtors of 155 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -130.39% | -112.34% | -113.4% |
| ebitda margin growth | 20.93% | -26.27% | -34.1% |
| net income growth | -108.97% | -60% | -31% |
| revenue growth | -9.84% | -17% | -9% |
| roce | -32.56% | -60.54% | 5.79% |
| roe | -16.33% | 2.93% | -4.11% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 21.39 | 22.77 | 21.33 | 24.67 | 25.68 | 23.36 | 23.65 | 3.04 | 14.38 | 13.86 | 8.81 | 18.96 |
| Expenses | 3.07 | 4.48 | 3.8 | 7 | 9.19 | 4.43 | 6.64 | 1.88 | 9.68 | 8.2 | 2.45 | 9.83 |
| Operating Profit | 18.32 | 18.29 | 17.53 | 17.67 | 16.49 | 18.93 | 17.01 | 1.16 | 4.7 | 5.66 | 6.36 | 9.13 |
| OPM % | 85.65 | 80.32 | 82.18 | 71.63 | 64.21 | 81.04 | 71.92 | 38.16 | 32.68 | 40.84 | 72.19 | 48.15 |
| Other Income | 0.7 | 0.58 | 0.54 | 0.52 | 0.28 | 0.37 | 0.45 | 0.22 | 0.61 | 1.99 | 1.55 | 1.16 |
| Interest | 8.31 | 6.67 | 6.11 | 5.71 | 5.12 | 4.93 | 4.28 | -0.27 | 2.24 | 2.86 | 4.81 | 6.31 |
| Depreciation | 8.24 | 8.15 | 8.06 | 8.07 | 7.96 | 7.99 | 7.98 | 1 | 4.5 | -0.58 | 3 | 3.87 |
| Profit before tax | 2.47 | 4.05 | 3.9 | 4.41 | 3.69 | 6.38 | 5.2 | 0.65 | -1.43 | 5.37 | 0.1 | 0.11 |
| Tax % | 18.22 | 51.11 | 17.18 | 30.61 | 19.51 | 15.99 | 16.15 | 72.31 | 0 | 0.74 | 20 | 509.09 |
| Net Profit | 2.1 | 2.2 | 4.21 | 3.53 | 3.6 | 6.81 | 5.04 | 1.59 | -0.29 | 7.26 | 1.82 | -1.17 |
| EPS in Rs | 1.49 | 1.56 | 2.84 | 2.63 | 2.87 | 4.57 | 3.54 | 1.46 | -0.22 | 5.47 | 1.37 | -0.88 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 51.67 | 50.78 | 79.34 | 47.88 | 43.84 | 45.72 | 48.74 | 26.4 | 28.25 | 27.77 |
| Expenses | 7.95 | 9.07 | 18.82 | 18.83 | 7.21 | 10.51 | 13.3 | 8.11 | 17.9 | 12.28 |
| Operating Profit | 43.72 | 41.71 | 60.52 | 29.05 | 36.63 | 35.21 | 35.44 | 18.29 | 10.35 | 15.49 |
| OPM % | 84.61 | 82.14 | 76.28 | 60.67 | 83.55 | 77.01 | 72.71 | 69.28 | 36.64 | 55.78 |
| Other Income | 0.73 | 2.63 | 5.79 | 21.33 | 1.25 | 1.06 | 0.65 | 0.55 | 2.6 | 2.71 |
| Interest | 21.38 | 21.43 | 26.43 | 18.31 | 14.97 | 11.82 | 10.06 | 4.01 | 5.09 | 11.12 |
| Depreciation | 24.08 | 18.04 | 33.02 | 19.56 | 16.39 | 16.13 | 15.96 | 8.98 | 3.92 | 6.88 |
| Profit before tax | -1.01 | 4.87 | 6.86 | 12.51 | 6.52 | 8.32 | 10.07 | 5.85 | 3.94 | 0.2 |
| Tax % | 19.8 | 19.51 | 46.65 | 18.94 | 38.65 | 24.28 | 17.58 | 22.39 | 1.02 | 290 |
| Net Profit | -1.21 | 3.92 | 3.79 | 11.25 | 4.3 | 7.73 | 10.38 | 6.63 | 6.97 | 0.65 |
| EPS in Rs | -26.6 | 3.79 | 3.14 | 8.36 | 3.05 | 5.47 | 7.42 | 5 | 5.25 | 0.49 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.27 | 4.88 | 6.63 | 6.63 | 6.63 | 13.27 | 13.27 | 13.27 | 13.27 | 13.27 |
| Reserves | 63.74 | 112.62 | 142.25 | 154.93 | 158.2 | 158.83 | 166.94 | 168.89 | 173.78 | 171.36 |
| Borrowings | 173.06 | 187.7 | 234.89 | 149.23 | 134.89 | 114.92 | 93.5 | 50.82 | 142.25 | 178.12 |
| Other Liabilities | 12.4 | 14.88 | 76.73 | 30.88 | 22.13 | 23.27 | 24.79 | 1.6 | 3.98 | 49.25 |
| Total Liabilities | 249.47 | 320.08 | 460.5 | 341.67 | 321.85 | 310.29 | 298.5 | 234.58 | 333.28 | 412 |
| Fixed Assets | 190.93 | 225.81 | 204.14 | 104.21 | 138.22 | 122.09 | 106.6 | 44.4 | 98.45 | 181.3 |
| CWIP | 3.53 | 0.51 | 71.14 | 45.88 | 0 | 0 | 0 | 0.27 | 21.4 | 19.9 |
| Investments | 36.45 | 42.75 | 80.99 | 76.72 | 82.15 | 87.43 | 87.82 | 97.22 | 97.02 | 96.68 |
| Other Assets | 18.56 | 51.01 | 104.23 | 114.86 | 101.48 | 100.77 | 104.08 | 92.69 | 116.41 | 114.12 |
| Total Assets | 249.47 | 320.08 | 460.5 | 341.67 | 321.85 | 310.29 | 298.5 | 234.58 | 333.28 | 412 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 42.4 | 40.35 | 106.26 | 24.57 | 33.96 | 31 | 36.86 | 14.97 | -4.55 | 67.45 |
| Cash from Investing Activity | -18.16 | -33.98 | -132.52 | 75.69 | -18.28 | 1.41 | -1.29 | 51.44 | -62.95 | -87.34 |
| Cash from Financing Activity | -24.2 | -5.58 | 62.55 | -105.83 | -38.52 | -31.15 | -30.92 | -66.94 | 86.34 | 24.75 |
| Net Cash Flow | 0.04 | 0.79 | 36.3 | -5.58 | -22.84 | 1.27 | 4.65 | -0.53 | 18.84 | 4.86 |
| Free Cash Flow | 37.62 | 40.35 | 24.27 | 38.19 | 34.91 | 31 | 36.4 | 15.58 | -83.66 | -20.78 |
| CFO/OP | 97 | 99 | 181 | 93 | 100 | 94 | 108 | 91 | -44 | 439 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14.27 | 45 | 14.54 | 81.57 | 90 | 105.86 | 90.91 | 207.66 | 215.38 | 155.23 |
| Inventory Days | — | — | — | — | — | — | — | 576.08 | 0 | 25.03 |
| Days Payable | — | — | — | — | — | — | — | 369.4 | — | 3412.23 |
| Cash Conversion Cycle | 14.27 | 45 | 14.54 | 81.57 | 90 | 105.86 | 90.91 | 414.35 | 215.38 | -3231.97 |
| Working Capital Days | -92.61 | 160.36 | -22.27 | 408.53 | 521.19 | 479.88 | 433.82 | 923.56 | 696.67 | 5.65 |
| ROCE % | 7.51 | 9.4 | 8.55 | 5.7 | 6.59 | 6.46 | 6.73 | 3.76 | 3.22 | 3.28 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.81% | 69.81% | 69.81% | 69.81% | 69.81% | 69.75% | 68.46% | 67.85% | 67.86% | 67.86% | 67.86% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 12.3% | 9.88% | 21.8% | 22.23% | 21.32% | 21.46% | 26.92% | 29.48% | 29.11% | 29.14% | 29.1% |
| Others | 17.88% | 20.31% | 8.38% | 7.96% | 8.87% | 8.79% | 4.62% | 2.68% | 3.03% | 3% | 3.05% |
| No. of Shareholders | 327 | 483 | 1046 | 1087 | 1060 | 1098 | 1469 | 2278 | 2367 | 2412 | 2307 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.17 | Buy |
| EMA (10) | 47.96 | Buy |
| SMA (20) | 45.85 | Buy |
| EMA (20) | 46.85 | Buy |
| SMA (50) | 46.56 | Buy |
| EMA (50) | 47.47 | Buy |
| SMA (100) | 52.17 | Sell |
| EMA (100) | 49.71 | Sell |
| SMA (200) | 52.31 | Sell |
| EMA (200) | 53.91 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.46 | Neutral |
| MACD (12,26,9) | 0.9 | Buy |
| Stochastic (14,3,3) | 63.3 | Neutral |
| ADX (14) | 20.84 | Neutral |
| Williams %R (14) | -49.92 | Neutral |
| ATR (14) | 2.59 | High Volatility |
| ROC (12) | 5.66 | Buy |
| Stoch RSI (14) | 65.55 | Neutral |
| UO (7,14,28) | 47.72 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc5911d8-fb54-4f59-bec4-40a9c8098a4a.pdf) |
| 2026-09-08 | [Board Meeting Outcome for Board Meeting Outcome For Intimation Of Date Of Annual General Meeting Along With E-Voting Period Cut-Off And Book Closure Dates.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=840c2e10-a760-45ed-8367-45b779bf0707.pdf) |
| 2026-09-08 | [Intimation Of The Date Of Annual General Meeting Scheduled To Be Held On Wednesday September 30 2026 At 04.00 P.M. (IST).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d7ca251-c84e-40fc-afb4-168b3522ccfa.pdf) |
| 2026-09-08 | [Intimation Of The Dates Of The Book Closure And Cut-Off For The Annual General Meeting Of The Company Scheduled To Be Held On Wednesday September 30 2026 At 04:00 P.M. (IST).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b99a4164-cb91-4f99-9d8f-e244f76a5b26.pdf) |
| 2026-09-08 | [NOTICE OF THE 17TH ANNUAL GENERAL MEETING OF THE COMPANY ALONG WITH EXPLANATORY STATEMENT.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bac74ac7-acf7-46f6-b25e-2810bbe9f4f8.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd858ba0-ddbc-4c9b-8854-cf6dbb3d0162.pdf) |
| 2026-07-14 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dcfee967-0441-4f50-a7ff-379acf76ae4d.pdf) |
| 2026-07-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9ba8663-6412-4ae5-b524-b7c986d37fc7.pdf) |
| 2026-05-30 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=552352b2-c86a-40a0-b3d4-f00979ce4c90.pdf) |
| 2026-05-19 | [Board Meeting Outcome for Board Meeting Outcome For Board Meeting Held Today I.E. May 19 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5024e4fa-137e-4460-810e-5368197ee730.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-19 | [Submission Of Standalone And Consolidated Audited Financial Results For The Half Year And Year Ended On March 31 2026 Along With The Auditors Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3bc91e29-5927-4ae3-9a52-e713612d458f.pdf) |
| 2025-11-12 | [Submission Of Standalone And Consolidated Unaudited Financial Results For The Half Year Ended On September 30 2025 Along With The Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c43889ab-1930-4327-87cf-d86a7db631f2.pdf) |
| 2025-05-09 | [Submission Of Standalone And Consolidated Audited Financial Results For The Half Year And Year Ended On March 31 2025 Along With The Auditors Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e897aeac-1315-43a3-adc4-7d22f9722baf.pdf) |
| 2024-10-25 | [Submission Of Half Yearly Financial Results Under The Regulation 33 Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fd8ec4e-b253-4f84-8a4e-958131e919f0.pdf) |
| 2024-05-13 | [Submission Of Audited Financial Results Under The Regulation 33(3) Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b78c3e55-9264-4a5e-9d72-c97545b8bb62.pdf) |
| 2023-11-09 | [Submission Of Revised Financial Results Under The Regulation 33 Of The SEBI (LODR) Regulations, 2015 For The Half Year Ended On 30Th September, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3aeea07-e51a-4485-97c4-ef7c213a519b.pdf) |
| 2023-11-07 | [Submission Of Financial Results Under The Regulation 33 Of The SEBI (LODR) Regulations, 2015 For The Half Year Ended On 30.09.2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7ab0527-aafa-4967-aaf3-ab12dcec66dd.pdf) |
| 2023-05-26 | [Submission Of Audited Financial Results Under The Regulation 33(3) Of The SEBI (LODR) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=926be2d2-92b3-438a-9cfd-ea98b6277359.pdf) |
| 2022-12-08 | [Disclosure Of Related Party Transactions.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89b4bce0-9874-4c1f-ad36-f99c5f2aa774.pdf) |
| 2022-11-12 | [Submission Of Financial Results Under The Regulation 33 Of The SEBI (LODR) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c5754ea-8927-4884-a41f-1ddd27b1de1c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Waa Solar updated its website from waasolar.org to waasolar.in effective immediately. | [Intimation For Change Of Website Of The Company. 9h - Waa Solar updated its website from waasolar.org to waasolar.in effective immediately.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/37602371-5e56-4e8b-b70d-22206ab9a591.pdf) |
| 2m - ESG Risk Assessments & Insights assigned ESG rating '39' to PNC Infratech; company did not commission it. | [Announcement under Regulation 30 (LODR)-Credit Rating 2m - ESG Risk Assessments & Insights assigned ESG rating '39' to PNC Infratech; company did not commission it.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/791ba6f6-f180-44a2-8adb-48d138f5dfe0.pdf) |
| 28 Apr - Waa Solar updates investor/company email IDs and adopts a new logo effective immediately. | [Intimation Of Addition/Change In Designated E-Mail ID And Adoption Of New Logo Of The Company. 28 Apr - Waa Solar updates investor/company email IDs and adopts a new logo effective immediately.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b68b151-3c59-4a0a-b805-f074fe1fb14c.pdf) |
| 28 Apr - Waa Solar updates investor/company email IDs and adopts a new logo effective immediately. | [Intimation Of Addition/Change In Designated E-Mail ID And Adoption Of New Logo Of The Company. 28 Apr - Waa Solar updates investor/company email IDs and adopts a new logo effective immediately.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b68b151-3c59-4a0a-b805-f074fe1fb14c.pdf) |
| 28 Apr - Waa Solar commissioned 6,000 KW AC, taking PM KUSUM-C capacity to 42 MW on April 28, 2026. | [Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, Regarding Receipt Of Commissioning Certificates From PGVCL. 28 Apr - Waa Solar commissioned 6,000 KW AC, taking PM KUSUM-C capacity to 42 MW on April 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd351907-5990-4cd2-b4ba-17f24a4cfd9f.pdf) |
| 28 Apr - Waa Solar commissioned 6,000 KW AC, taking PM KUSUM-C capacity to 42 MW on April 28, 2026. | [Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, Regarding Receipt Of Commissioning Certificates From PGVCL. 28 Apr - Waa Solar commissioned 6,000 KW AC, taking PM KUSUM-C capacity to 42 MW on April 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/dd351907-5990-4cd2-b4ba-17f24a4cfd9f.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year/half-year ended March 31, 2026. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year/half-year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0ecc989-1bbb-4ccf-9d75-e25ca579e704.pdf) |
| 24 Feb - CFO Mangi Lal Singhi resigned; Mohanan Choran appointed CFO; committees reconstituted effective Feb 24, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 24 Feb - CFO Mangi Lal Singhi resigned; Mohanan Choran appointed CFO; committees reconstituted effective Feb 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3811107-9601-40ec-9776-2e4d1dc37484.pdf) |
| 24 Feb - Board on Feb 24, 2026 appointed Mohanan Shankaran Choran as CFO; Mangi Lal Singhi resigned; committees reconstituted. | [Board Meeting Outcome for Change In Management. 24 Feb - Board on Feb 24, 2026 appointed Mohanan Shankaran Choran as CFO; Mangi Lal Singhi resigned; committees reconstituted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d999912-2ba0-4df5-9e61-282521fc0eff.pdf) |
| 24 Apr - Waa Solar updated its website from waasolar.org to waasolar.in effective immediately. | [Intimation For Change Of Website Of The Company. 24 Apr - Waa Solar updated its website from waasolar.org to waasolar.in effective immediately.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37602371-5e56-4e8b-b70d-22206ab9a591.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0f532ed-7989-47f1-b576-1c38f492eced.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fff26a5-f259-4fd7-84f8-e4eb1708ee19.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27af90d2-8d19-49d0-a91b-517c2251b3e6.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ab212de-8d46-43fe-af6b-81683bdecc60.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95a72b0f-8f76-45f2-8bff-55adc157d6a7.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4b13118-2b30-4828-9199-2e9d99b1e6a7.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/a0a7e75c-191a-4ca6-bbf0-ecda531d4eeb.PDF) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6fd79f79-8815-4ac7-b9b6-88a3a0a1e125.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/399c2ca5-73ea-4207-90b6-9f1363814953.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/863468e1-31d4-42e9-ac7e-a31133254f10.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac3aae16-c730-4e80-983d-663d8d3643ce.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/deba3cdf-a1f3-4201-9870-f3db7e9f72f7.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0944fd6-3872-41e8-8c90-3649dd2695bc.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/663267f2-477d-4546-99b7-b6c1c9fb069a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef7f1c53-f539-4386-a852-402c8a7fcaf7.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28c3a2ae-7e60-42cc-885c-ed36df8e03b9.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/541445/76010541445.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539150/76485539150.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/541445/70690541445.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539150/71891539150.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:15:52.001Z.