About
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 drinking water treatment, desalination, wastewater treatment, industrial water treatment, effluent treatment, sludge treatment, water reclamation, industrial water recycling, zero liquid discharge, potable reuse, vio CNG, and high purity water solutions. It also provides engineering, procurement, construction, and operation and maintenance of water and wastewater treatment plants including PPP projects under HAM and BOOT Models. The company serves municipal water and wastewater, oil and gas, power plants, steel, food and beverage, fertilizer, industrial parks, PV solar, semiconductors, and green hydrogen 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.
Key Metrics
as of Sep 2026Market Cap12,527 Cr
P/E31.40
Div Yield0.25 %
Book Value₹412.00
52w High₹2,254.00
52w Low₹1,033.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 739.00 | 1,167.00 | 787.00 | 690.00 | 640.00 | 1,038.00 | 676.00 | 613.00 | 546.00 | 772.00 | 624.00 | 604.00 | 509.00 |
| Expenses | 663.00 | 1,043.00 | 683.00 | 621.00 | 554.00 | 902.00 | 591.00 | 530.00 | 467.00 | 663.00 | 529.00 | 527.00 | 445.00 |
| Operating Profit | 76.00 | 124.00 | 104.00 | 69.00 | 86.00 | 137.00 | 85.00 | 84.00 | 79.00 | 109.00 | 95.00 | 77.00 | 64.00 |
| OPM % | 10.00 | 11.00 | 13.00 | 10.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 15.00 | 13.00 | 13.00 |
| Other Income | 44.00 | 53.00 | 18.00 | 42.00 | 10.00 | 11.00 | 16.00 | 10.00 | 2.00 | 6.00 | 3.00 | 13.00 | 12.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest | 12.00 | 12.00 | 13.00 | 14.00 | 14.00 | 16.00 | 14.00 | 15.00 | 14.00 | 17.00 | 14.00 | 15.00 | 14.00 |
| Profit before tax | 107.00 | 164.00 | 108.00 | 96.00 | 82.00 | 131.00 | 86.00 | 78.00 | 66.00 | 97.00 | 83.00 | 75.00 | 61.00 |
| Tax % | 26.00 | 25.00 | 25.00 | 26.00 | 25.00 | 24.00 | 26.00 | 26.00 | 24.00 | 26.00 | 25.00 | 27.00 | 22.00 |
| Net Profit | 79.00 | 123.00 | 81.00 | 70.00 | 61.00 | 99.00 | 64.00 | 58.00 | 50.00 | 72.00 | 62.00 | 54.00 | 47.00 |
| EPS in Rs | 12.72 | 19.68 | 12.94 | 11.29 | 9.79 | 15.92 | 10.32 | 9.26 | 8.12 | 11.58 | 10.02 | 8.70 | 7.56 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,284.00 | 2,874.00 | 2,510.00 | 2,325.00 | 2,143.00 | 1,843.00 | 1,746.00 | 1,748.00 | 1,856.00 | 1,798.00 | 1,513.00 | 1,233.00 |
| Expenses | 2,890.00 | 2,487.00 | 2,161.00 | 2,030.00 | 1,969.00 | 1,674.00 | 1,586.00 | 1,577.00 | 1,665.00 | 1,596.00 | 1,324.00 | 1,084.00 |
| Operating Profit | 394.00 | 387.00 | 348.00 | 295.00 | 174.00 | 169.00 | 161.00 | 171.00 | 192.00 | 202.00 | 189.00 | 150.00 |
| OPM % | 12.00 | 13.00 | 14.00 | 13.00 | 8.00 | 9.00 | 9.00 | 10.00 | 10.00 | 11.00 | 12.00 | 12.00 |
| Other Income | 112.00 | 37.00 | 31.00 | -229.00 | 28.00 | 10.00 | 20.00 | 2.00 | 23.00 | -43.00 | 15.00 | 9.00 |
| Interest | 53.00 | 59.00 | 59.00 | 60.00 | 75.00 | 75.00 | 77.00 | 48.00 | 31.00 | 23.00 | 19.00 | 15.00 |
| Depreciation | 4.00 | 3.00 | 4.00 | 4.00 | 5.00 | 6.00 | 7.00 | 8.00 | 9.00 | 10.00 | 12.00 | 7.00 |
| Profit before tax | 449.00 | 362.00 | 316.00 | 2.00 | 122.00 | 98.00 | 98.00 | 117.00 | 174.00 | 126.00 | 173.00 | 136.00 |
| Tax % | 26.00 | 25.00 | 25.00 | 43.00 | 24.00 | 25.00 | 40.00 | 12.00 | 33.00 | 41.00 | 34.00 | 34.00 |
| Net Profit | 334.00 | 271.00 | 236.00 | 1.00 | 92.00 | 73.00 | 59.00 | 102.00 | 117.00 | 75.00 | 114.00 | 90.00 |
| EPS in Rs | 53.67 | 43.62 | 37.92 | 0.19 | 14.82 | 11.74 | 10.74 | 18.72 | 21.43 | 13.74 | 20.87 | 16.65 |
| Dividend Payout % | 9.00 | 9.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.00 | 29.00 | 19.00 | 24.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Reserves | 2,096.00 | 1,771.00 | 1,484.00 | 1,249.00 | 1,248.00 | 1,156.00 | 966.00 | 906.00 | 906.00 | 813.00 | 765.00 | 675.00 |
| Borrowings | 92.00 | 234.00 | 164.00 | 203.00 | 399.00 | 315.00 | 441.00 | 435.00 | 276.00 | 120.00 | 239.00 | 63.00 |
| Other Liabilities | 2,816.00 | 2,393.00 | 2,054.00 | 1,608.00 | 1,429.00 | 1,654.00 | 1,606.00 | 1,458.00 | 1,375.00 | 1,329.00 | 935.00 | 958.00 |
| Total Liabilities | 5,017.00 | 4,410.00 | 3,714.00 | 3,072.00 | 3,088.00 | 3,137.00 | 3,023.00 | 2,809.00 | 2,568.00 | 2,272.00 | 1,949.00 | 1,707.00 |
| Fixed Assets | 62.00 | 61.00 | 60.00 | 60.00 | 63.00 | 68.00 | 74.00 | 79.00 | 87.00 | 92.00 | 93.00 | 98.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.00 |
| Investments | 143.00 | 141.00 | 130.00 | 95.00 | 56.00 | 34.00 | 25.00 | 25.00 | 25.00 | 44.00 | 58.00 | 60.00 |
| Other Assets | 4,812.00 | 4,208.00 | 3,524.00 | 2,918.00 | 2,969.00 | 3,035.00 | 2,924.00 | 2,705.00 | 2,455.00 | 2,136.00 | 1,796.00 | 1,547.00 |
| Total Assets | 5,017.00 | 4,410.00 | 3,714.00 | 3,072.00 | 3,088.00 | 3,137.00 | 3,023.00 | 2,809.00 | 2,568.00 | 2,272.00 | 1,949.00 | 1,707.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 203.00 | 421.00 | 265.00 | 218.00 | -38.00 | 105.00 | 132.00 | -94.00 | -185.00 | 163.00 | -212.00 | 31.00 |
| Cash from Investing Activity | 10.00 | -142.00 | -4.00 | -50.00 | -38.00 | 21.00 | -34.00 | -10.00 | 24.00 | -19.00 | 26.00 | 13.00 |
| Cash from Financing Activity | -179.00 | 45.00 | -57.00 | -227.00 | 48.00 | -41.00 | -39.00 | 105.00 | 117.00 | -156.00 | 144.00 | -39.00 |
| Net Cash Flow | 35.00 | 324.00 | 204.00 | -59.00 | -28.00 | 85.00 | 59.00 | 1.00 | -44.00 | -12.00 | -41.00 | 4.00 |
| Free Cash Flow | 199.00 | 417.00 | 261.00 | 218.00 | -38.00 | 104.00 | 131.00 | -95.00 | -188.00 | 156.00 | -219.00 | 20.00 |
| CFO/OP % | 76.00 | 130.00 | 81.00 | 82.00 | -16.00 | 77.00 | 103.00 | -29.00 | -63.00 | 111.00 | -90.00 | 52.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 255.00 | 233.00 | 264.00 | 218.00 | 203.00 | 254.00 | 260.00 | 257.00 | 219.00 | 276.00 | 250.00 | 291.00 |
| Cash Conversion Cycle | 255.00 | 233.00 | 264.00 | 218.00 | 203.00 | 254.00 | 260.00 | 257.00 | 219.00 | 276.00 | 250.00 | 291.00 |
| Working Capital Days | 78.00 | 70.00 | 115.00 | 70.00 | 73.00 | 112.00 | 89.00 | 100.00 | 90.00 | 71.00 | 66.00 | 109.00 |
| ROCE % | 24.00 | 23.00 | 24.00 | 22.00 | 13.00 | 12.00 | 13.00 | 13.00 | 19.00 | 22.00 | 22.00 | 21.00 |
Corporate Actions
18 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 5.00 | |
| Dividend | 05 Aug 2025 | 05 Aug 2025 | — | 4.00 | |
| Other | 06 Aug 2024 | — | — | — | Annual General Meeting |
| Other | 28 Jul 2023 | — | — | — | Annual General Meeting |
| Other | 11 Aug 2022 | — | — | — | Annual General Meeting |
| Other | 12 Aug 2021 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 01 Aug 2019 | — | — | — | Annual General Meeting |
| Dividend | 01 Aug 2018 | — | — | 4.00 | |
| Dividend | 13 Jul 2017 | — | — | 4.00 | |
| Dividend | 14 Jul 2016 | — | — | 4.00 | |
| Dividend | 16 Jul 2015 | — | — | 4.00 | |
| Bonus | 26 Mar 2015 | 27 Mar 2015 | 1:1 | — | |
| Dividend | 10 Jul 2014 | — | — | 8.00 | |
| Dividend | 11 Jul 2013 | — | — | 7.00 | |
| Dividend | 12 Jul 2012 | — | — | 6.00 | |
| Split | 16 Aug 2011 | 17 Aug 2011 | 5:2 | — | |
| Dividend | 29 Jun 2011 | — | — | 10.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Feb from fitch
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Rating update4 Feb 2025 from fitch
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Rating update24 Nov 2022 from fitch
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Rating update27 Aug 2021 from fitch
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Rating update9 Apr 2021 from icra
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Rating update11 Nov 2020 from fitch
Conference Calls
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