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Earnings Call

Va Tech Wabag Earnings Call: Key Takeaways

VA Tech Wabag reported strong FY26 results with a 20% revenue increase and 26% PAT growth, maintaining its net cash-positive status for the 6th consecutive year.

Why this was an Alfa AlertNot a filter event. Results are squarely within the previously guided medium-term ranges.
Highlights
Revenue growth19.7% YoY for FY26.
MarginsEBITDA margin at 13.3%; target 13-15%.
Order book₹172 Bn+, including major Yanbu and Chennai desalination projects.
Demand visibilityStrong; order book at ₹172 Bn+ (>4x revenue).
Management confidenceHigh, citing 6 years of net cash and robust order book.

Growth

Revenue grew 19.7% to ₹39,442 Mn; PAT rose 25.5% to ₹3,705 Mn; EBITDA margin expanded to 13.3%.

Outlook

Medium-term guidance targeting 15-20% revenue CAGR, 13-15% EBITDA margins, and expansion into Bio-CNG and Semi-conductors.

Risks

Potential fluctuations in earnings, international operation risks, and time/cost overruns on complex EPC contracts.

Source

Earnings Call filed with BSE, NSE: WABAG. Summary written with AI assistance from the document.

Read the document ↗

Va Tech Wabag Ltd: key numbers

Share price
₹2,008.40
Market cap
₹12,551 Cr
Revenue (annual)
₹3,944 Cr
Net profit (annual)
₹370.5 Cr
P/E (TTM)
31.8×Sector 25.1×
Promoter holding
19.08%-0.01% QoQ
FII holding
18.25%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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08:14 IST BSE
New Order Win

Va Tech Wabag Bags ₹100 Cr Order from Reliance Industries Limited

VA Tech Wabag secured a medium-sized order from Reliance Industries for an effluent treatment plant at Jamnagar. The project will be executed over 13 months.

Value
₹100.0 Cr
From
Reliance Industries Limited (RIL)
Execution
13 months
18:13 IST NSE
Employee Stock Options

Va Tech Wabag Employee Stock Options

VA Tech Wabag allotted 13,404 equity shares under its 'WABAG Centenary Stock Option Scheme 2023' upon exercise of employee stock options.