sharesgurusharesguru
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
LoginSign Up
sharesguru
  • Home
  • Stocks
  • Ai Screener
  • Sectors
  • Watchlist
  • Profile
  • Contact Us
LoginSign Up
sharesguru

Discover the joy of investing.

All the financial data and tools you need, at one place.

Navigation

  • Home
  • Stocks
  • Sectors

Tools

  • Ai Screener
  • Watchlists

Company

  • Contact

Legal

  • Privacy Policy
  • Terms of Service
Copyright © 2025 Knowtilus Technologies Pvt. Ltd.
SummaryLatest NewsSector ComparisonEarnings ReportRevenue & GrowthPeersIncome StatementBalance SheetCash Flow
WABAG logo

WABAG - VA Tech Wabag Limited Share Price

Other Utilities
Sharesguru Stock Score

WABAG

41/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

₹2120.00-85.70(-3.89%)
Market Open as of Jul 14, 2026, 15:30 IST
Pros

Growth: Good revenue growth. With 33.5% growth over past three years, the company is going strong.

Size: Market Cap wise it is among the top 20% companies of india.

Past Returns: Outperforming stock! In past three years, the stock has provided 63.3% return compared to 7.6% by NIFTY 50.

Profitability: Recent profitability of 9% is a good sign.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Momentum: Stock price has a strong positive momentum. Stock is up 43.3% in last 30 days.

Cons

No major cons observed.

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Sharesguru Stock Score

WABAG

41/100

High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years

Valuation

Market Cap13.84 kCr
Price/Earnings (Trailing)35.53
Price/Sales (Trailing)3.43
EV/EBITDA23.37
Price/Free Cashflow68.69
MarketCap/EBT28.29
Enterprise Value13.28 kCr

Fundamentals

Revenue (TTM)4.04 kCr
Rev. Growth (Yr)23.9%
Earnings (TTM)369.9 Cr
Earnings Growth (Yr)28.6%

Profitability

Operating Margin12%
EBT Margin12%
Return on Equity14.37%
Return on Assets6.04%
Free Cashflow Yield1.46%

Growth & Returns

Price Change 1W6.7%
Price Change 1M43.3%
Price Change 6M85.3%
Price Change 1Y49.1%
3Y Cumulative Return63.3%
5Y Cumulative Return43.5%
7Y Cumulative Return32.9%
10Y Cumulative Return13.8%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)-20.4 Cr
Cash Flow from Operations (TTM)206.7 Cr
Cash Flow from Financing (TTM)-184.9 Cr
Cash & Equivalents785.1 Cr
Free Cash Flow (TTM)201.5 Cr
Free Cash Flow/Share (TTM)32.34

Balance Sheet

Total Assets6.12 kCr
Total Liabilities3.55 kCr
Shareholder Equity2.57 kCr
Current Assets5.09 kCr
Current Liabilities2.98 kCr
Net PPE63.2 Cr
Inventory35.8 Cr
Goodwill0.00

Capital Structure & Leverage

Debt Ratio0.04
Debt/Equity0.09
Interest Coverage5.71
Interest/Cashflow Ops3.84

Dividend & Shareholder Returns

Dividend/Share (TTM)4
Dividend Yield0.31%
Shares Dilution (1Y)0.20%
Shares Dilution (3Y)0.20%
Pros

Growth: Good revenue growth. With 33.5% growth over past three years, the company is going strong.

Size: Market Cap wise it is among the top 20% companies of india.

Past Returns: Outperforming stock! In past three years, the stock has provided 63.3% return compared to 7.6% by NIFTY 50.

Profitability: Recent profitability of 9% is a good sign.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Momentum: Stock price has a strong positive momentum. Stock is up 43.3% in last 30 days.

Cons

No major cons observed.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.31%
Dividend/Share (TTM)4
Shares Dilution (1Y)0.20%
Earnings/Share (TTM)62.52

Financial Health

Current Ratio1.71
Debt/Equity0.09

Technical Indicators

RSI (14d)64.3
RSI (5d)41.77
RSI (21d)69.05
MACD SignalSell
Stochastic Oscillator SignalSell
SharesGuru SignalBuy
RSI SignalHold
RSI5 SignalHold
RSI21 SignalHold
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalBuy
SMA 50 SignalBuy
SMA 100 SignalBuy

Summary of Latest Earnings Report from VA Tech Wabag

Summary of VA Tech Wabag's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

The management of VA Tech Wabag provided an optimistic outlook during the Q3 & 9M FY26 earnings call, highlighting a period of profitable growth driven by disciplined project execution and strong operational delivery. For the fiscal year-to-date, the company reported a 24% year-on-year growth in profit after tax (PAT), with consolidated revenue at Rs.2,530 crores, reflecting an 18% increase. The EBITDA for the period was Rs.347 crores, maintaining an EBITDA margin of 13.7%, within the guided range of 13% to 15%.

The company emphasized the strength of its balance sheet, with a net cash position exceeding Rs.1,000 crores, marking the 12th consecutive quarter in a net cash positive state. The order book expanded to over Rs.163 billion, with a well-balanced mix of 64% EPC and 36% O&M projects. Notably, international projects composed nearly 50% of the revenue, underscoring Wabag's growing global presence.

Management cited several key projects illustrating continued progress, such as the JICA-funded 400 MLD desalination plant in Chennai and the World Bank-funded wastewater treatment plants in Bangalore. They anticipate strong order inflow visibility across key geographies, backed by robust tendering momentum in India and substantial opportunities in sectors such as desalination and new energy.

Furthermore, management is targeting a sustainable growth trajectory of 15% to 20% annually and aims to maintain a healthy order book level of over 3 times revenue. They reiterated that a substantial part of their future growth will come from expanding into international markets, particularly the Middle East, CIS, and Southeast Asia.

Q&A Section Summary from Earnings Transcript

Question 1: Kishore Kumar from Unifi Capital asked about the order book and bid pipeline, specifically regarding the perceived stagnation in the domestic order book.

Answer: I appreciate your question, Kishore. Currently, our order backlog for India is healthy. We have about Rs. 3,000 crores in visibility with several prospects nearing conclusion. The bid pipeline is robust, and we're confident in conversions occurring early next year, driven by a mix of government and private investments.

Question 2: Kishore Kumar then inquired about the status of the investment platform with Norfund.

Answer: We're in the final stages, Kishore. Due diligence is largely complete, and we are negotiating definitive agreements. We expect this to be finalized in a couple of months, pending internal approvals from the involved funds.

Question 3: Nidhi Shah from ICICI Securities asked how many bids they were preferred in and their geographical locations.

Answer: We are currently preferred bidders in 2 to 3 major jobs, mainly in the Middle East and India. These include both larger jobs and numerous smaller ones, demonstrating our strong positioning in various markets.

Question 4: Nidhi Shah also requested an update on the Indosol project progress.

Answer: The Indosol project is progressing well; engineering is mature, and we're beginning supplier procurement. The customer is finalizing the site layout, which we expect to solidify soon, allowing us to expedite our contracting processes.

Question 5: Dhimant Shah from ITI AMC Limited asked about emerging sectors and growth from those.

Answer: We're actively exploring opportunities in desalination, solar manufacturing, and hydrogen. Our current engagements indicate strong prospects in these sectors, particularly for desalination, given its essential role in new energy developments.

This summary merges the major questions and detailed answers while adhering to the character limit as instructed. Please let me know if you need any more information!

Revenue Breakdown

Analysis of VA Tech Wabag's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Last Updated: Mar 31, 2026

DescriptionShareValue
Rest of the World55.4%792.4 Cr
India43.5%621.8 Cr
Un-allocable revenue1.2%16.7 Cr
Total1.4 kCr

Share Holdings

Understand VA Tech Wabag ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
RAJIV MITTAL15.58%
REKHA JHUNJHUNWALA8.02%
VARADARAJAN S3.51%
MOTILAL OSWAL SMALL CAP FUND2.58%
FEDERATED HERMES INVESTMENT FUNDS PLC ON BEHALF OF FEDERATED HERMES GLOBAL EMERGING MARKETS EQUITY FUND1.85%
ISHARES II PUBLIC LIMITED COMPANY - ISHARES GLOBAL WATER UCITS ETF1.21%
BASERA HOME FINANCE PRIVATE LIMITED1.14%
ISHARES CORE MSCI EMERGING MARKETS ETF1.01%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is VA Tech Wabag Better than it's peers?

Detailed comparison of VA Tech Wabag against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
THERMAXThermax57.3 kCr10.95 kCr+2.40%+40.00%75.25.23--
VOLTASVoltas42.57 kCr14.48 kCr-0.30%-6.00%113.272.94--
IONEXCHANGIon Exchange (India)6.87 kCr3 kCr+39.10%-13.50%38.92.29--
PRAJINDPraj Industries6.54 kCr3.21 kCr+3.50%-28.90%273.692.04--

Sector Comparison: WABAG vs Other Utilities

Comprehensive comparison against sector averages

Comparative Metrics

WABAG metrics compared to Other

CategoryWABAGOther
PE33.2820.86
PS3.213.24
Growth20.7 %2.2 %
33% metrics above sector average
Key Insights
  • 1. WABAG is NOT among the Top 10 largest companies in Utilities.
  • 2. The company holds a market share of 0.7% in Utilities.
  • 3. In last one year, the company has had an above average growth that other Utilities companies.

Income Statement for VA Tech Wabag

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations19.7%3,9443,2942,8562,9602,9792,834
Other Income111.4%94454354328.21
Total Income20.9%4,0383,3392,9003,0143,0122,843
Cost of Materials17.2%3,0012,5602,1672,2782,3082,236
Employee Expense13.7%300264235266251199
Finance costs-7.7%737971668890
Depreciation and Amortization6.1%6.25.98.48.811012
Other expenses252.2%1634779108186184
Total Expenses20%3,5462,9562,5602,7172,8402,718
Profit Before exceptional items and Tax29.1%493382340297172125
Exceptional items before tax-575%-4.72.2-9.5-289.2300
Total profit before tax27.2%4883843307.58172125
Current tax59.7%1247887154432
Deferred tax-157.3%-5.312-6.9-8.71-7.39-2.37
Total tax32.6%11990805.93629
Total profit (loss) for period25.5%37029525111132101
Other comp. income net of taxes346.7%6816022-2.787.53
Total Comprehensive Income40.6%43731125133129108
Earnings Per Share, Basic41%70.2450.0939.4936.8720.820.13
Earnings Per Share, Diluted41.2%69.3149.3739.492.0720.820.13
Description(%) Q/QMar-2026Dec-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations47.2%1,4149617341,156811700
Other Income40.9%322311111514
Total Income47%1,4469847451,168826714
Cost of Materials52%1,100724530942630525
Employee Expense2.6%807867776365
Finance costs-5.9%171819222019
Depreciation and Amortization-16.7%1.51.61.41.41.31.3
Other expenses55%634149-13.52120
Total Expenses48.5%1,2758596591,038732627
Profit Before exceptional items and Tax37.1%171125871299487
Exceptional items before tax82.5%0-4.701.8-2.70
Total profit before tax42.9%171120871319187
Current tax67.9%482921252019
Deferred tax-7400%-6.31.1-0.36.912.8
Total tax41.4%423021322122
Total profit (loss) for period41.1%12891661007070
Other comp. income net of taxes150%135.83217-17.50.3
Total Comprehensive Income45.8%14197981165371
Earnings Per Share, Basic48.2%22.6815.6310.5818.838.5111.35
Earnings Per Share, Diluted48.2%22.3815.4310.4318.568.3911.19
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Revenue From Operations14.3%3,2842,8742,5102,3252,1431,843
Other Income222.2%117373161289.76
Total Income16.8%3,4012,9112,5412,3862,1711,853
Cost of Materials12.7%2,5122,2301,9301,7931,6991,452
Employee Expense15.4%248215173168156107
Finance costs-10.3%535959607575
Depreciation and Amortization45%3.934.24.155.326.06
Other expenses186.7%130465977113116
Total Expenses15.6%2,9472,5492,2252,0952,0491,755
Profit Before exceptional items and Tax25.5%45436231629112298
Exceptional items before tax--4.700-289.2300
Total profit before tax24.1%4493623162.0512298
Current tax57.9%12177857.453626
Deferred tax-158.3%-613-4.9-6.67-6.25-0.99
Total tax28.1%11590800.783025
Total profit (loss) for period23.3%3342712361.279273
Other comp. income net of taxes-53.3%-1.3-0.5-1.2-0.090.260.48
Total Comprehensive Income23%3332712351.189274
Earnings Per Share, Basic23.4%53.5143.5437.9135.0114.8612.57
Earnings Per Share, Diluted23.5%52.7942.9237.910.214.8612.57
Description(%) Q/QMar-2026Dec-2025Jun-2025Mar-2025Dec-2024Sep-2024
Revenue From Operations48.3%1,1677876401,038676613
Other Income147.6%532210111610
Total Income50.7%1,2208106501,050692623
Cost of Materials58%930589461856518457
Purchases of stock-in-trade-000000
Employee Expense7.9%696453665154
Finance costs-8.3%121314161415
Depreciation and Amortization-110.90.80.80.8
Other expenses22.6%393243-22.52620
Total Expenses51.6%1,056697568919606545
Profit Before exceptional items and Tax45.5%164113821318678
Exceptional items before tax82.5%0-4.70000
Total profit before tax52.3%164108821318678
Current tax74.1%482821251919
Deferred tax--6.20-0.26.62.92
Total tax48.1%412821322221
Total profit (loss) for period52.5%1238161996458
Other comp. income net of taxes-15.4%-0.5-0.3-0.30.10-0.3
Total Comprehensive Income53.2%1228061996457
Earnings Per Share, Basic56.5%19.6212.99.7915.9310.329.26
Earnings Per Share, Diluted56.5%19.3612.739.6515.7110.189.13

Balance Sheet for VA Tech Wabag

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents34.9%785582718579440243
Current investments-11.1%00.10000
Loans, current50%221512000
Total current financial assets19.2%3,6583,0703,0073,7082,5352,045
Inventories-20.5%364536443642
Total current assets16.7%5,0894,3604,2813,7513,6253,156
Property, plant and equipment-1.6%636464636965
Non-current investments5%5.254.44.54.34.3
Total non-current financial assets-9.5%825912793720734758
Total non-current assets-6.3%1,0341,103986924949972
Total assets12.1%6,1225,4625,2674,6764,5744,128
Borrowings, non-current-4.9%156164176187189153
Total non-current financial liabilities-7.7%347376408351323280
Provisions, non-current-8.3%12131211013
Total non-current liabilities-16%567675601585596497
Borrowings, current1.4%737218223692125
Total current financial liabilities11.9%1,3701,2241,2621,0961,1531,045
Provisions, current35.9%232171150130115104
Current tax liabilities1122.2%454.6125.1226.2
Total current liabilities21.3%2,9822,4582,5212,1182,1551,952
Total liabilities13.3%3,5493,1333,1222,7042,7512,450
Equity share capital0%121212121212
Non controlling interest-6.7%5.25.55.15.35.3-0.1
Total equity10.5%2,5742,3292,1451,9721,8241,678
Total equity and liabilities12.1%6,1225,4625,2674,6764,5744,128
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Sep-2025Mar-2025Sep-2024Mar-2024Sep-2023
Cash and cash equivalents52.8%649425614453290150
Current investments-11.1%00.10000
Loans, current50%2215140480
Total current financial assets20.3%3,2582,7082,7282,2532,8781,840
Inventories-18.8%141715131016
Total current assets16.4%4,0753,5003,5362,9822,8882,480
Property, plant and equipment0%616160585858
Investment property-14300-00
Non-current investments-100.7%0144141140130130
Loans, non-current-0000440
Total non-current financial assets-21.8%678867768704703695
Total non-current assets-5.6%941997874819826855
Total assets11.6%5,0174,4974,4103,8013,7143,334
Borrowings, non-current-21.3%384859707990
Total non-current financial liabilities-10.5%230257295241472219
Provisions, non-current-23.7%3.94.84.84.34.33.9
Total non-current liabilities-19.7%441549481468477424
Borrowings, current-15.9%546417422885117
Total current financial liabilities10.8%1,2901,1641,172993999909
Provisions, current38.1%2041481271169379
Current tax liabilities-4107.60180
Total current liabilities20.5%2,4682,0492,1451,7221,7411,548
Total liabilities12%2,9082,5972,6262,1902,2181,972
Equity share capital0%121212121212
Total equity11%2,1081,9001,7841,6111,4961,363
Total equity and liabilities11.6%5,0174,4974,4103,8013,7143,334

Cash Flow for VA Tech Wabag

Consolidated figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs-103.1%0331622936-
Change in inventories-11.1%00.1-0.6-7.51-2.59-
Depreciation20.4%6.95.908.8110-
Impairment loss / reversal--0.40-43.900-
Unrealised forex losses/gains--41.900-14.02-4.84-
Dividend income-480000-
Adjustments for interest income-188.9%-232801013-
Share-based payments-106.2%017000-
Net Cashflows from Operations-30%30643716012430-
Dividends received-0001.110-
Interest received-0006.670-
Income taxes paid (refund)22.2%1008226019-
Net Cashflows From Operating Activities-41.8%20735513413212-
Proceeds from sales of PPE-100%00.503.52.88-
Purchase of property, plant and equipment20%5.24.5125.185.52-
Proceeds from sales of investment property-0.300.900-
Purchase of investment property-20000-
Proceeds from sales of intangible assets-004400-
Dividends received-76.9%1.32.31208.62-
Interest received109.5%45221405.97-
Other inflows (outflows) of cash60%-60.1-151.7250-27.65-
Net Cashflows From Investing Activities82.5%-20.4-12184-1.68-33.97-
Proceeds from issuing shares-6.30000-
Proceeds from borrowings-101.2%08114800-
Repayments of borrowings1578.6%1429.482212-82.62-
Payments of lease liabilities-83.9%1.54.1-2.51.831.8-
Dividends paid-25000-0.24-
Interest paid-31.2%2333252836-
Income taxes paid (refund)-000270-
Net Cashflows from Financing Activities-663.3%-184.93444-269.3745-
Effect of exchange rate on cash eq.655.8%669.6-1.925-1-
Net change in cash and cash eq.-76.2%67278259-114.3921-
Standalone figures (in Rs. Crores) /
Description(%) Q/QMar-2026Mar-2025Mar-2024Mar-2023Mar-2022Mar-2021
Finance costs-000-12.3733-
Change in inventories-125%05-0.1-7.520-
Depreciation45%3.934.24.155.32-
Impairment loss / reversal-0.3005.3116-
Unrealised forex losses/gains-1837.8%-63.34.72.10-12.6-
Adjustments for interest income-000010-
Share-based payments-43.8%1017000-
Net Cashflows from Operations-34.6%330504286242-27.82-
Dividends received95.4%0-20.7-21.700-
Interest paid50%-8.8-18.6-18.700-
Interest received--39.90000-
Income taxes paid (refund)17.5%9581182411-
Net Cashflows From Operating Activities-51.9%203421265218-38.37-
Proceeds from sales of PPE-0000.471.85-
Purchase of property, plant and equipment-129.4%04.44.90.691.91-
Proceeds from sales of investment property-000.500-
Purchase of investment property-90%2114200-
Proceeds from sales of intangible assets-150%00.6000-
Purchase of intangible assets-4.90000-
Proceeds from sales of long-term assets-0.30000-
Dividends received-00100.518.02-
Interest received171.4%3915117.364.07-
Other inflows (outflows) of cash88.3%-15.9-143.420-12.63-13.68-
Net Cashflows From Investing Activities105.3%8.7-143.1-4.4-49.47-39.81-
Proceeds from issuing shares-6.30000-
Proceeds from borrowings-101.3%0803800-
Repayments of borrowings906.7%1521678200-82.16-
Payments of lease liabilities-00000.1-
Dividends paid-250000-
Interest paid-60%8.219172734-
Net Cashflows from Financing Activities-508.4%-178.745-56.9-227.2248-
Effect of exchange rate on cash eq.400%1.51.10.1-0.331.88-
Net change in cash and cash eq.-89.5%35324204-58.68-28.06-

What does VA Tech Wabag Limited do?

Water Supply & Management•Utilities•Small Cap

VA Tech Wabag Limited, together with its subsidiaries, engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally. The company offers sewage treatment, water treatment, effluent treatment, water reclamation, water recycle and reuse, desalination, wastewater treatment, energy recovery, and sludge treatment services for municipal and industrial users; and engineering, procurement, construction, and operation and maintenance services, as well as operation of water and wastewater projects. It serves oil and gas, power plants, steel, fertilizer, food and beverage, industrial park, and other industries. The company was formerly known as Balcke Durr and Wabag Technologies Limited and changed its name to VA Tech Wabag Limited in April 2000. VA Tech Wabag Limited was incorporated in 1995 and is headquartered in Chennai, India.

Industry Group:Other Utilities
Employees:914
Website:www.wabag.com

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

Performance Comparison

WABAG vs Other (2021 - 2026)

WABAG leads the Other sector while registering a 69.8% growth compared to the previous year.