Waa SolarBOM:541445 -1.80%69 Net Margin % is -6.16% as of Mar. 2026. GuruFocus rates BOM:541445 with a GF Score™ of 69/100 and a GF Value™ of ₹72.24 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 422 Utilities - Independent Power Producers companies, Waa Solar ranks worse than 62.09% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Waa Solar's Net Income for the
six
months ended in Mar. 2026 was ₹-11.7 Mil. Waa Solar's Revenue for the
six
months ended in Mar. 2026 was ₹189.6 Mil. Therefore, Waa Solar's net margin for the quarter that ended in Mar. 2026 was -6.16%.
The historical rank and industry rank for Waa Solar's Net Margin % or its related term are showing as below:
BOM:541445'
s Net Margin % Range Over the Past 10 Years
Min: 2.34 Med: 12.62 Max: 24.85
Current: 2.34
BOM:541445's Net Margin % is ranked worse than 62.09% of 422
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.115
vs BOM:541445: 2.34
Waa Solar (BOM:541445) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Waa Solar Net Margin % Related Terms
Waa Solar Net Margin % Historical Data
* Premium members only.
The historical data trend for Waa Solar's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Waa Solar's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Waa Solar Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Waa Solar's Net Margin % distribution charts can be found below:
* The bar in red indicates where Waa Solar's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Waa Solar (BOM:541445) has a Net Margin % of -6.16% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Waa Solar and its competitors. Over the past decade, Waa Solar's Net Margin % has ranged from 2.34 to 24.85. According to the industry distribution chart, Waa Solar ranks #262 out of 422 companies in the Utilities - Independent Power Producers industry, placing it in the top 62.1%.
Is Waa Solar's Net Margin % too high?
Waa Solar's current Net Margin % is -6.16%. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 24.85. Based on the distribution chart, Waa Solar ranks #262 out of 422 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Waa Solar has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waa Solar's Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Waa Solar ranks #262 out of 422 companies for Net Margin %. This places Waa Solar in the lower half of its industry. The industry median Net Margin % is 6.12. Historically, Waa Solar's own Net Margin % has ranged from 2.34 to 24.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.12, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Waa Solar and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waa Solar's current Net Margin % is -6.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waa Solar stock overvalued right now?
Based on GuruFocus' analysis, Waa Solar (BOM:541445) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹72.24, compared to a current price of ₹51.35 — trading 28.9% below its estimated fair value. The current Net Margin % is -6.16%. Waa Solar's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Waa Solar (BOM:541445), the current Net Margin % is -6.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Waa Solar (BOM:541445) Overvalued in 2026?
Based on GuruFocus' analysis, Waa Solar stock appears to be undervalued.
The current stock price of ₹51.35 is trading 28.9% below its estimated GF Value™ of ₹72.24.
GuruFocus considers Waa Solar to be Modestly Undervalued.
Key valuation signals for BOM:541445:
Net Margin %: -6.16%
GF Value™: ₹72.24 vs. price of ₹51.35 (28.9% below fair value)
No single metric tells the full story. See the BOM:541445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waa Solar Ltd is an Indian firm engaged in solar power generation. The company is focused on the development of solar power projects through ground-mounted and rooftop solar installations. Its project portfolio comprises a 10.25 MW (DC) capacity of a ground-mounted Solar PV power project in Gujarat, a 100 KW solar project at Raja Bhoj Airport in Bhopal, and various 47.5 MW solar projects at different locations in Gujarat, among others.
69GF Score
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