ALFA Finder| Management target | Revenue 17.5% FY27 |
|---|
| Revenue growth | 20.8% YoY growth driven by healthy project execution and international ramp-up. |
|---|---|
| Margins | EBITDA margins stable at 13.1%, benefiting from international mix and technology. |
| Order book | Historic high of ₹194 billion, representing over 4x annual revenue base. |
| Demand visibility | Strong visibility through urbanization, climate change, and industrial water needs. |
| Management confidence | Balanced 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)
Earnings Call Transcript filed with BSE, NSE: WABAG. Summary written with AI assistance from the document.
Va Tech Wabag Ltd: key numbers
- Share price
- ₹2,093.10
- Market cap
- ₹13,090 Cr
- Revenue (annual)
- ₹3,944 Cr
- Net profit (annual)
- ₹370.5 Cr
- P/E (TTM)
- 31.6×Sector 21.7×
- Promoter holding
- 19.03%-0.05% QoQ
- FII holding
- 18.75%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 →Va Tech Wabag Earnings Call Transcript: Key Takeaways
Record Q2 and H1: Q2 revenue +20% and PAT +23% YoY, with order book at ₹20,207 Cr. Management is upbeat, but margin and order conversion depend on Middle East execution, where shipping delays and slower new awards are the main risks.
Va Tech Wabag Investor Presentation: Key Takeaways
Q2 FY27 revenue INR 10,002 Mn (+19.9%), PAT INR 1,046 Mn (+23.3%), EBITDA margin 14.5%. Order book crossed INR 20,000 Cr; net cash INR 11,442 Mn.
Va Tech Wabag Employee Stock Options
VA Tech Wabag allotted 22,120 equity shares to employees exercising options under its Centenary Stock Option Scheme 2023. Paid-up capital rises to INR 12,50,73,898.
Va Tech Wabag Financial Results
VA Tech Wabag approved H1 FY27 unaudited results: consolidated revenue Rs. 18,870 Mn (up 20%), PAT Rs. 1,947 Mn (up 29%). Order book exceeds Rs. 200 Bn.
Va Tech Wabag Q2 FY27 Results: Net Profit ₹104.5 Cr, Up 23.2% YoY
Va Tech Wabag Ltd reported revenue from operations of ₹1,000 Cr (+19.9% YoY) and net profit of ₹104.5 Cr (+23.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹104.5 Cr · +23.2% YoY
Va Tech Wabag Board Meeting Date
VA Tech Wabag Ltd scheduled its next Board Meeting for 5 November 2026 to approve Q2/H1 FY27 results. The trading window stays closed until 48 hours after results declaration.