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Waa Solar (BOM:541445) Net Margin % : 63.62% (As of Mar. 2024)


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What is Waa Solar Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Waa Solar's Net Income for the six months ended in Mar. 2024 was ₹19.4 Mil. Waa Solar's Revenue for the six months ended in Mar. 2024 was ₹30.4 Mil. Therefore, Waa Solar's net margin for the quarter that ended in Mar. 2024 was 63.62%.

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: 5.24   Med: 12.62   Max: 24.85
Current: 24.85


BOM:541445's Net Margin % is ranked better than
80.1% of 417 companies
in the Utilities - Independent Power Producers industry
Industry Median: 8.03 vs BOM:541445: 24.85

Waa Solar Net Margin % Historical Data

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.

* Premium members only.

Waa Solar Net Margin % Chart

Waa Solar Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.06 9.18 15.78 20.07 24.85

Waa Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.15 14.82 25.84 19.86 63.62

Competitive Comparison of Waa Solar's Net Margin %

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's Net Margin % Distribution in the 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.



Waa Solar Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Waa Solar's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=66.315/266.897
=24.85 %

Waa Solar's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=19.366/30.439
=63.62 %

* 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) 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

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Waa Solar (BOM:541445) Business Description

Traded in Other Exchanges
N/A
Address
Madhav House, Near Panchratna Building, Subhanpura, Vadodara, GJ, IND, 390023
Waa Solar Ltd is an Indian firm engaged in electric power generation, transmission, and distribution. The company is focused on the development of renewable energy in terms of Solar Power Generation through Ground Mounted Projects and also by undertaking Solar Rooftop Projects. Some of the projects of the company are the 10.25 MW Solar PV Power Project, 100 KW Solar PV Power Project, 10.42 MW Solar PV Power Project, and many more. It generates substantial revenue from the sale of solar power products.

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