Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Va Tech Wabag Earnings Call Transcript: Key Takeaways

VA Tech Wabag delivered record Q1 results driven by strong international order intake and healthy execution. The company maintains a high-quality, tech-led order book with a shift toward international projects.

Guidance and delivery
Management target Revenue 17.5% FY27
Highlights
Revenue growth20.8% YoY growth driven by healthy project execution and international ramp-up.
MarginsEBITDA margins stable at 13.1%, benefiting from international mix and technology.
Order bookHistoric high of ₹194 billion, representing over 4x annual revenue base.
Demand visibilityStrong visibility through urbanization, climate change, and industrial water needs.
Management confidenceBalanced and disciplined, prioritizing project quality and payment security over volume.

Growth

Consolidated revenue grew 20.8% YoY; EBITDA increased 21.7% with margins steady above 13%. Profitability saw a 37% jump.

Outlook

Management reiterated 15-20% revenue growth guidance and 13-15% EBITDA margins for FY27.

Risks

High exposure to Middle East geopolitical volatility and significant dependence on forex gains for margin cushioning.

Last quarter's promises, checked

Delivered

  • Guided 15-20% revenue growth → delivered 20.8% (= BEAT)
  • Guided 13-15% EBITDA margin → delivered 13.1% (= BEAT)
  • Targeted net cash positive status → delivered 14th consecutive quarter (= BEAT)

Partly delivered

  • Guided O&M mix toward 20% → delivered 17% (= PARTIAL)
Source

Earnings Call Transcript 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.

More from Va Tech Wabag Ltd

All →
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.