Waa Solar Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 5, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	663	855	1,522	491	539	607
Market Cap Growth	-47.36%	-43.80%	210.00%	-8.98%	-11.15%	441.42%
Enterprise Value	2,001	1,238	2,440	1,587	1,877	2,252
PE Ratio	7.36	12.26	22.95	4.99	7.43	14.98
PS Ratio	2.85	2.96	5.70	1.00	1.17	1.38
PB Ratio	0.36	0.46	0.84	0.25	0.28	0.33
P/FCF Ratio	-	-	10.63	1.35	1.74	1.79
P/OCF Ratio	-	-	10.16	1.33	1.74	1.79
EV/Sales Ratio	8.59	4.29	9.14	3.24	4.08	5.10
EV/EBITDA Ratio	10.07	9.09	13.32	4.48	5.33	6.12
EV/EBIT Ratio	11.47	12.77	26.13	8.15	9.82	11.05
EV/FCF Ratio	-2.25	-	17.05	4.36	6.05	6.63
Debt / Equity Ratio	0.88	0.77	0.28	0.47	0.60	0.74
Debt / EBITDA Ratio	10.65	10.45	2.77	2.64	3.27	3.67
Debt / FCF Ratio	-	-	3.55	2.57	3.72	3.97
Net Debt / Equity Ratio	0.73	0.56	0.17	0.36	0.52	0.66
Net Debt / EBITDA Ratio	8.83	7.60	1.66	2.04	2.82	3.27
Net Debt / FCF Ratio	-1.51	-1.24	2.13	1.99	3.20	3.54
Quick Ratio	1.54	3.03	5.50	1.38	1.27	1.14
Current Ratio	4.20	4.77	13.99	3.95	3.95	4.06
Asset Turnover	0.08	0.10	0.10	0.16	0.15	0.13
Return on Equity (ROE)	5.00%	3.80%	3.49%	5.33%	4.14%	2.33%
Return on Assets (ROA)	2.66%	2.13%	2.19%	4.00%	3.78%	3.84%
Return on Capital Employed (ROCE)	4.00%	3.10%	4.10%	7.20%	6.70%	6.90%
Earnings Yield	13.69%	8.15%	4.36%	20.05%	13.46%	6.68%
FCF Yield	-134.36%	-97.83%	9.41%	74.14%	57.49%	55.95%
Buyback Yield / Dilution	-1.72%	-	-	0.03%	-0.06%	0.03%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.