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Earnings Call

Va Tech Wabag Earnings Call: Key Takeaways

VA Tech Wabag reported record FY26 PAT of ₹371 cr and ₹17,200 cr order backlog, achieving 20% revenue growth as a pure-play water tech leader.

Why this was an Alfa AlertNot a filter event. Results and guidance are in line with previously stated targets of 15-20% growth.
Highlights
Revenue growth20% YoY for FY26.
MarginsEBITDA at 13.3%; PAT margin at 9.4%.
Order book₹17,200 crore; intake of ₹7,500 crore in FY26.
Demand visibilityStrong pipeline in India, GCC, and Africa; multi-year visibility.
Management confidenceBullish on water sector capital allocation and new growth verticals.

Growth

Revenue grew ~20% YoY; PAT grew 26% to ₹371 cr; Order book at ₹17,200 cr (4x revenue).

Outlook

Guided 15-20% revenue growth; EBITDA 13-15%; ROCE target 20%; O&M share increasing to 20%.

Risks

Geopolitical instability in Gulf area, currency/raw material volatility, and increased competition in attractive water sectors.

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.