VA Tech Wabag Ltd stands as one of India's premier water treatment companies, delivering comprehensive solutions across the entire water management spectrum. The company is engaged in the business of water treatment field with principal activities including design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.
The company has established itself as a global leader in water technology solutions, operating across diverse geographies and serving multiple sectors. As of FY24, the company has executed 6,500+ municipal and industrial projects across 25+ countries benefiting 88+ million people. It has a presence across the entire value chain of water solutions including design, procurement, construction, installation, commissioning, and operations & maintenance (O&M).
VA Tech Wabag provides advanced solutions for multiple water treatment applications including sewage treatment, drinking water treatment, effluent treatment, water recycle and reuse, desalination, wastewater treatment, and sludge treatment services. It serves oil and gas, power plants, steel, fertilizer, food and beverage, industrial park, and other industries.
VA Tech Wabag Ltd has a market capitalisation of ₹ 9,837 Cr as on 10-Jun-2025. The company has demonstrated strong financial performance with remarkable growth metrics. Va Tech Wabag Ltd's net profit jumped 37.43% since last year same period to ₹99.50Cr in the Q4 2024-2025. For the full year, net profit rose 20.24% to Rs 295.30 crore in the year ended March 2025 as against Rs 245.60 crore during the previous year ended March 2024. Sales rose 15.32% to Rs 3294.00 crore in the year ended March 2025 as against Rs 2856.40 crore during the previous year ended March 2024.
- Revenue (Q4 FY25): ₹1,156.20Cr as on March 2025
- Net Profit (Q4 FY25): ₹99.50Cr as on March 2025
- P/E Ratio: 33.31 times as on 10-Jun-2025, a 40% premium to its peers' median range of 23.84 times
- P/B Ratio: 4.60 times as on 10-Jun-2025, a 63% premium to its peers' median range of 2.83 times
The company maintains a robust order book position that provides strong revenue visibility for future growth. VA Tech Wabag reported order inflows worth ₹5,700 crore for the year, contributing to a total order book of ₹13,700 crore, which includes framework contracts, ensuring strong revenue visibility in the future. Va Tech Wabag earlier said its book position stands at over Rs 14,500 crore as of H1 with a healthy mix of 59 per cent EPC projects and 41 per cent O&M projects.
VA Tech Wabag has secured several significant orders that strengthen its market position. The company announced that it has secured a major consortium order worth $371 million (about Rs 3,251 crore) from Al Haer Environmental Services Company for engineering, procurement and construction (EPC) of a 200 MLD Independent Sewage Treatment Plant (ISTP), including connections to outfall delivery facilities. The company announced that it has secured an order worth about $14 million (approximately Rs 121 crore) from BAPCO Refining B.S.C (BAPCO) towards operation (O&M) of Industrial Wastewater Treatment Plant (IWTP) in the Kingdom of Bahrain, for a period of 7 years.
However, the company also faced a setback when the customer has notified all tender participants on December 16, 2024, that the said tender stands cancelled pursuant to their internal administrative procedures regarding a Rs 2,700 crore order in Saudi Arabia.
VA Tech Wabag has outlined ambitious growth plans with clear strategic initiatives. VA Tech Wabag's CFO, Skandaprasad Seetharaman, projects an EBITDA margin of 13-15% in the medium term, aiming for a 15-20% CAGR while remaining net-cash positive. The Municipal Platform will commit equity investment of up to USD 100 million in capital projects over a 3 to 5 years period. The Municipal Platform will be established in collaboration with an Investor Consortium including Norfund and two other international investors, Norfund is the Norwegian Government's investment fund dedicated to supporting sustainable development.
The company has a rich history dating back to the early 1990s. VA Tech Wabag Limited was erstwhile incorporated on February 17 1995 as 'Balcke Durr Cooling Towers Limited'. The name of the Company was changed from Balcke Durr Cooling Towers Limited to 'Balcke Durr and Wabag Technologies Limited' and further to 'VA Tech Wabag Limited' in 1999. Listing date: 13 Oct, 2010
The company maintains a consistent dividend policy, rewarding shareholders with regular distributions. Final dividend INR 4/share proposed; TDS details and submission deadline August 6, 2025 provided. Promoter holding is low: 19.1% which indicates a broad-based shareholding pattern.
VA Tech Wabag (Mid Cap) has delivered 664.0% returns in 5-year showing 0.8% quarterly revenue growth and 2.4% YoY earnings growth with 8.5% profit margin. Long-Term Performance: 1-year: +143.59% | 3-year: +423.72% | 5-year: +663.96%
VA Tech Wabag represents a compelling investment opportunity in India's growing water treatment sector, backed by strong fundamentals, robust order book, and strategic positioning in both domestic and international markets. The company's focus on technological innovation, operational excellence, and sustainable growth makes it a key player in addressing global water challenges while delivering value to stakeholders.
