Construction & Infrastructure · Engineering & Construction · NSE: WABAG · data 2026-10-31
VA Tech Wabag Limited
In plain words
Price: 21.8% below its 52-week high of ₹2,319.
Delivery: 45.4% of traded shares were kept for delivery over the last 10 sessions, against 42.3% over the last 60.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹4,097 cr |
| Net profit (last 12 months) | ₹395 cr |
| Sales growth, 3 years (yearly) | 10.0% |
| Profit growth, 3 years (yearly) | 206.6% |
At a glance
Promoters 19.0% (-0.1 pts in a year), pledged 0.0%, institutions 24.6%.
P/E 28.8, dividend yield 0.3%. Price relative to earnings and book value (low is cheaper, not better).
ROE 15.7%, ROCE 16.2%, operating margin 10.8%: how much profit it earns on the money it uses.
Debt/equity 0.09, Profit growth 206.6% and sales growth 10.0% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Virtually debt-free (debt/equity 0.1 or less).
- Profit grew 206.6% a year over 3 years.
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Earnings call in brief (19 Aug 2026)
- Management said that consolidated revenue from operations for the quarter stood at INR 887 crores, registering a growth of 20.8% year-over-year, with EBITDA at INR 116 crores growing by 21.7% year-over-year and an EBITDA margin of over 13%.
- Management stated that PAT stood at INR 90 crores, representing a profitable growth of almost 37% year-over-year, with an improved PAT margin at 10.2%, while standalone revenue reached INR 739 crores with standalone PAT at INR 79 crores.
- Management reported that the company remained net cash positive for the 14th consecutive quarter, with a net cash balance excluding HAM standing at INR 965 crores as of the quarter, and net working capital days at 108 days.
- Management highlighted that order intake during Q1 was over INR 34 billion (INR 3,400 crores), taking the order book to a historic high of INR 194 billion (INR 19,400 crores), which is over four times the revenue base.
- Management mentioned key order wins during the quarter including a 60 MIGD SWRO desalination plant in Kuwait and the third phase of the 60 MLD Ajman Sewage Treatment Plant in the UAE, alongside municipal and industrial project progress globally.
- प्रबंधन ने कहा कि तिमाही के लिए समेकित परिचालन से राजस्व 887 करोड़ रुपये रहा, जो साल-दर-साल 20.8% की वृद्धि दर्ज करता है, जिसमें EBITDA 116 करोड़ रुपये और 13% से अधिक का EBITDA मार्जिन है।
- प्रबंधन ने बताया कि PAT 90 करोड़ रुपये रहा, जो साल-दर-साल लगभग 37% की लाभदायक वृद्धि को दर्शाता है, जिसमें बेहतर PAT मार्जिन 10.2% है, जबकि स्टैंडअलोन राजस्व 739 करोड़ रुपये और स्टैंडअलोन PAT 79 करोड़ रुपये रहा।
- प्रबंधन ने सूचना दी कि कंपनी लगातार 14वीं तिमाही के लिए शुद्ध नकद सकारात्मक बनी रही, जिसमें HAM को छोड़कर शुद्ध नकद शेष 965 करोड़ रुपये था और शुद्ध कार्यशील पूंजी के दिन 108 दिन थे।
- प्रबंधन ने प्रकाश डाला कि पहली तिमाही के दौरान ऑर्डर इनटेक 34 अरब रुपये (3,400 करोड़ रुपये) से अधिक था, जिससे ऑर्डर बुक 194 अरब रुपये (19,400 करोड़ रुपये) के ऐतिहासिक उच्च स्तर पर पहुंच गई, जो राजस्व आधार का चार गुना से अधिक है।
- प्रबंधन ने तिमाही के दौरान कुवैत में 60 MIGD SWRO विलवणीकरण संयंत्र और यूएई में 60 MLD अजमान सीवेज ट्रीटमेंट प्लांट के तीसरे चरण सहित प्रमुख ऑर्डर जीत का उल्लेख किया।
- મેનેજમેન્ટે જણાવ્યું કે ત્રિમાસિક માટે એકત્રિત ઓપરેશનલ આવક 887 કરોડ રૂપિયા રહી, જે વાર્ષિક ધોરણે 20.8% ની વૃદ્ધિ દર્શાવે છે, જેમાં EBITDA 116 કરોડ રૂપિયા અને 13% થી વધુ EBITDA માર્જિન છે.
- મેનેજમેન્ટે જણાવ્યું કે PAT 90 કરોડ રૂપિયા રહ્યો, જે વાર્ષિક ધોરણે લગભગ 37% ની નફાકારક વૃદ્ધિ દર્શાવે છે, જેમાં 10.2% નો સુધારેલો PAT માર્જિન છે, જ્યારે સ્ટેન્ડઅલોન આવક 739 કરોડ રૂપિયા અને સ્ટેન્ડઅલોન PAT 79 કરોડ રૂપિયા રહ્યો.
- મેનેજમેન્ટે અહેવાલ આપ્યો કે કંપની સતત 14મા ત્રિમાસિક માટે નેટ કેશ પૉઝિટિવ રહી, જેમાં HAM સિવાયનું નેટ કેશ બેલેન્સ 965 કરોડ રૂપિયા હતું અને નેટ વર્કિંગ કૅપિટલના દિવસો 108 દિવસ હતા.
- મેનેજમેન્ટે જણાવ્યું કે પ્રથમ ત્રિમાસિક દરમિયાન ઓર્ડર ઇનટેક 34 અબજ રૂપિયા (3,400 કરોડ રૂપિયા) કરતાં વધુ હતો, જેનાથી ઓર્ડર બુક 194 અબજ રૂપિયા (19,400 કરોડ રૂપિયા) ની ઐતિહાસિક ઉચ્ચ સપાટીએ પહોંચી, જે આવકના આધાર કરતાં ચાર ગણાથી વધુ છે.
- મેનેજમેન્ટે કુવેતમાં 60 MIGD SWRO ડીસેલિનેશન પ્લાન્ટ અને યુએઈમાં 60 MLD અજમાન સેવેજ ટ્રીટમેન્ટ પ્લાન્ટના ત્રીજા તબક્કા સહિત ત્રિમાસિક દરમિયાન મેળવેલા મુખ્ય ઓર્ડરનો ઉલ્લેખ કર્યો.
What management said on the call, summarised by AI from the official transcript and checked against it. Read the transcript. Not a recommendation.
Smart-money activity
12/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 7/30: Delivery 44.2% over the last 20 sessions vs 38.2% in the 40 before (1.16x); shares delivered per day 0.77x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Order ● Dividend
- 26 Oct 26Order Order win from Reliance Industries Limited (‘RIL’) +7.4% next session
- 17 Jul 26Dividend Dividend ₹5 (ex-date) +3.0% next session
- 5 Aug 25Dividend Dividend ₹4 (ex-date) -3.1% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 19.03% | 19.08% | 19.09% | 19.09% |
| Foreign institutions (FII) | 18.75% | 18.26% | 16.60% | 18.97% |
| Domestic institutions (DII) | 5.87% | 6.33% | 5.77% | 4.32% |
| Mutual funds | 4.79% | 5.54% | 5.07% | 3.80% |
| Retail investors | 35.38% | 34.63% | 36.55% | 35.52% |
| Number of shareholders | 2,27,238 | 2,05,590 | 2,00,388 | 1,93,784 |
Common questions
How much do promoters hold in VA Tech Wabag Limited?
Promoters held 19.03% of VA Tech Wabag Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is VA Tech Wabag Limited debt-free?
Its latest reported debt-to-equity ratio is 0.09, which is very low.
What is VA Tech Wabag Limited's P/E ratio?
About 28.8, based on the last 12 months' earnings and a price of ₹1,812.3 (data 2026-10-31).
What is the 52-week high and low of VA Tech Wabag Limited?
The 52-week high is ₹2,319 and the 52-week low is ₹1,033.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| VA Tech Wabag Limited | ₹1,812.3 | ₹11,302 cr | 28.8 | — | 15.7% | 16.2% | 0.09 | +27.2% |
| Engineers India Limited | ₹251.85 | ₹14,144 cr | 18.1 | — | 23.8% | 22.1% | 0.01 | +25.5% |
| Lloyds Engineering Works Ltd | ₹83.12 | ₹12,216 cr | 54.8 | — | 16.3% | 13.7% | 0.06 | +38.6% |
| Techno Electric & Engineering Company Limited | ₹829.3 | ₹9,655 cr | 22.4 | — | 11.4% | 10.3% | 0.02 | -38.8% |
| KEC International Ltd. | ₹329.65 | ₹8,775 cr | 15.9 | — | 10.5% | 24.8% | 0.87 | -60.4% |
| Welspun Enterprises Ltd. | ₹619.05 | ₹8,583 cr | 28.2 | — | 13% | 12% | 0.65 | +10.5% |
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