VA Tech Wabag Limited

BSE: WABAG533269ISIN INE956G01038

Utilities
Water Supply & Management
BSE 1000

Share price

₹1,856.50+61.95 (+3.45%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹2,320.00
52W low: ₹1,033.95
Off 52W high: -19.98%
1M return: -7.15%
3M return: -7.29%
6M return: +23.87%
1Y return: +32.59%
20D avg volume: 21,567
50 DMA: ₹1,979.32
200 DMA: ₹1,655.52

Key ratios Consolidated

Market cap: ₹11,606 Cr
Current price: ₹1,856.50
52W high / low: ₹2,320.00 / ₹1,033.95
Face value: ₹2.00
P/E: 29.43
P/B: 4.52
EPS (TTM): ₹63.08
Book value / share: ₹410.96
ROE: —
ROCE: 17.90%
Operating margin: —
Net margin: —
Debt / equity: 0.09
Net debt: ₹-556.70 Cr
Interest cover: 7.69
Dividend yield: 0.27%
Dividend / share (TTM): ₹5.00
Payout: 7.93%
Cash conversion cycle: 120.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	886.80	1,414	961.30	834.50	734.00	1,156	811.00	700.30	626.50	934.20	704.40	665.00
	52.00	31.90	23.20	41.60	11.30	11.40	14.80	13.80	10.80	8.20	3.70	15.40
	938.80	1,446	984.50	876.10	745.30	1,168	825.80	714.10	637.30	942.40	708.10	680.40
	826.10	1,275	859.30	766.50	658.60	1,038	732.20	627.00	565.10	843.00	624.30	597.80
	679.60	1,100	724.50	646.30	529.70	941.90	629.70	524.80	463.40	718.80	535.40	490.90
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	79.70	80.20	78.00	75.60	66.60	76.60	63.00	65.10	59.80	59.90	57.40	59.50
	17.20	16.60	17.90	19.60	18.80	21.50	20.30	19.00	18.00	21.80	16.70	16.80
	1.60	1.50	1.60	1.70	1.40	1.40	1.30	1.30	1.90	2.50	2.10	2.10
	51.80	63.20	41.00	23.20	48.80	-13.50	21.10	19.70	—	33.60	18.20	25.60
	112.70	171.20	125.20	109.60	86.70	129.30	93.60	87.10	72.20	99.40	83.80	82.60
	0.00	0.00	-4.70	1.20	0.00	1.80	-2.70	0.00	-2.20	0.50	0.00	0.00
	112.70	171.20	120.50	110.80	86.70	131.10	90.90	87.10	70.00	99.90	83.80	82.60
	28.10	41.90	30.00	26.00	20.90	31.60	20.70	22.10	15.20	21.80	20.70	22.80
	90.10	128.00	91.30	84.80	65.80	99.50	70.20	70.30	54.80	78.10	62.60	60.10
	14.35	22.68	15.63	13.63	10.58	18.83	11.29	11.35	8.84	11.64	10.11	8.87
Key metrics
	131.50	189.30	140.00	132.10	106.90	154.00	112.50	107.40	89.90	124.20	102.60	101.50
	14.80%	13.40%	14.60%	15.80%	14.60%	13.30%	13.90%	15.30%	14.30%	13.30%	14.60%	15.30%
	10.20%	9.00%	9.50%	10.20%	9.00%	8.60%	8.70%	10.00%	8.70%	8.40%	8.90%	9.00%
	—	6.00%	—	4.30%	—	5.60%	—	—	—	—	—	—
	20.80%	22.30%	18.50%	19.20%	17.20%	23.80%	15.10%	5.30%	—	—	—	—
	36.90%	28.60%	30.10%	20.60%	20.10%	27.40%	12.10%	17.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,097	3,944	3,294	2,856	2,960	2,979
	148.70	94.30	44.60	43.40	53.60	32.39
	4,246	4,038	3,339	2,900	3,014	3,012
	3,727	3,546	2,956	2,560	2,717	2,840
	3,150	3,001	2,560	2,167	2,278	2,308
	0.00	0.00	0.00	—	—	—
	313.50	300.40	264.50	235.40	265.51	250.66
	71.30	72.90	78.80	71.10	65.80	87.70
	6.40	6.20	5.90	8.40	8.81	10.13
	179.20	162.60	46.70	78.60	107.61	185.95
	518.70	492.60	382.20	339.60	296.81	171.55
	-3.50	-4.70	2.20	-9.50	-289.23	0.00
	515.20	487.90	384.40	330.10	7.58	171.55
	126.00	118.80	89.60	79.70	5.90	36.33
	394.20	369.80	294.80	250.40	10.93	132.06
	66.29	70.24	50.09	39.49	2.07	20.80
Key metrics
	592.90	567.00	469.10	409.60	82.19	269.38
	14.47%	14.40%	14.20%	14.30%	2.80%	9.00%
	9.62%	9.40%	8.90%	8.80%	0.40%	4.40%
	—	17.90%	16.90%	—	—	—
	20.45%	19.70%	15.30%	-3.50%	-0.60%	—
	28.91%	25.40%	17.70%	2,190.90%	-91.70%	—
	—	201.50	350.70	—	—	—
	—	0.56	1.20	—	—	—
	—	0.09	0.17	—	—	—
	—	-556.70	-360.40	—	—	—
	—	120.0	111.1	—	—	—
Balance sheet
	—	6,122	5,267	—	—	—
	—	5,089	4,281	—	—	—
	—	785.10	717.70	—	—	—
	—	2,524	2,013	—	—	—
	—	35.80	35.80	—	—	—
	—	1,395	1,238	—	—	—
	—	63.20	63.60	—	—	—
	—	1,262	1,046	—	—	—
	—	2,982	2,521	—	—	—
	—	228.40	357.30	—	—	—
	—	72.70	181.50	—	—	—
	—	155.70	175.80	—	—	—
	—	2,574	2,145	—	—	—
Cash flow
	—	206.70	355.20	—	—	—
	—	-20.40	-121.00	—	—	—
	—	-184.90	34.00	—	—	—
	—	5.20	4.50	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	739.30	1,167	787.30	690.00	640.20	1,038	676.10	613.30	545.90	771.90	624.30	604.10
	44.10	52.80	22.50	42.00	10.00	11.20	16.10	10.10	1.80	6.20	3.00	13.40
	783.40	1,220	809.80	732.00	650.20	1,050	692.20	623.40	547.70	778.10	627.30	617.50
	676.10	1,056	697.00	636.40	568.50	919.10	605.80	545.10	481.50	681.00	543.90	542.90
	562.90	929.80	589.30	531.70	460.80	855.50	518.20	456.70	400.10	610.40	469.30	461.80
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	0.80
	63.80	68.70	64.20	61.80	53.00	66.40	50.80	53.60	44.60	45.20	42.00	44.30
	11.80	11.70	12.90	14.50	13.70	16.50	14.10	14.60	14.00	16.60	13.90	14.80
	1.10	1.00	1.00	1.00	0.90	0.80	0.80	0.80	0.60	1.30	1.10	1.20
	35.30	38.70	32.50	25.70	43.40	-22.50	26.40	20.50	24.00	7.80	17.70	21.60
	107.30	164.00	112.80	95.60	81.70	130.60	86.40	78.30	66.20	97.10	83.40	74.60
	0.00	0.00	-4.70	0.00	0.00	0.00	—	—	—	—	—	—
	107.30	164.00	108.10	95.60	81.70	130.60	86.40	78.30	66.20	97.10	83.40	74.60
	28.00	41.40	27.50	25.30	20.80	31.60	22.20	20.70	15.70	25.10	21.10	20.50
	79.30	122.60	80.60	70.30	60.90	99.00	64.20	57.60	50.50	72.00	62.30	54.10
	12.66	19.62	12.90	11.30	9.79	15.93	10.32	9.26	8.12	11.58	10.02	8.70
Key metrics
	120.20	176.70	122.00	111.10	96.30	147.90	101.30	93.70	80.80	115.00	98.40	90.60
	16.30%	15.10%	15.50%	16.10%	15.00%	14.20%	15.00%	15.30%	14.80%	14.90%	15.80%	15.00%
	10.70%	10.50%	10.20%	10.20%	9.50%	9.50%	9.50%	9.40%	9.30%	9.30%	10.00%	9.00%
	—	6.90%	—	4.50%	—	6.50%	—	—	—	—	—	—
	15.50%	12.40%	16.40%	12.50%	17.30%	34.50%	8.30%	1.50%	—	—	—	—
	30.20%	23.80%	25.50%	22.00%	20.60%	37.50%	3.00%	6.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,384	3,284	2,874	2,510	2,325	2,143
	161.40	117.00	36.90	31.30	60.57	28.26
	3,545	3,401	2,911	2,541	2,386	2,171
	3,065	2,947	2,549	2,225	2,095	2,049
	2,614	2,512	2,230	1,930	1,793	1,699
	0.00	0.00	0.00	—	—	—
	258.50	247.70	215.40	172.90	167.82	156.01
	50.90	52.80	59.20	59.40	60.07	74.89
	4.10	3.90	3.00	4.20	4.15	5.32
	132.20	130.00	46.10	59.10	—	113.12
	479.70	454.10	361.50	316.00	291.28	122.10
	-4.70	-4.70	0.00	—	-289.23	—
	475.00	449.40	361.50	316.00	2.05	122.10
	122.20	115.00	90.20	80.20	0.78	29.92
	352.80	334.40	271.30	235.80	1.27	92.18
	56.48	53.51	43.54	37.91	0.20	14.86
Key metrics
	530.00	506.10	423.70	379.60	66.27	202.31
	15.66%	15.40%	14.70%	15.10%	2.80%	9.40%
	10.43%	10.20%	9.40%	9.40%	0.10%	4.30%
	—	19.70%	18.60%	—	—	—
	14.00%	14.30%	14.50%	7.90%	8.50%	—
	25.24%	23.30%	15.10%	18,466.90%	-98.60%	—
	—	203.30	416.70	—	—	—
	—	0.61	1.55	—	—	—
	—	0.04	0.13	—	—	—
	—	-557.00	-380.70	—	—	—
	—	122.9	112.0	—	—	—
Balance sheet
	—	5,017	4,410	—	—	—
	—	4,075	3,536	—	—	—
	—	649.00	614.20	—	—	—
	—	2,292	1,833	—	—	—
	—	14.00	15.30	—	—	—
	—	803.60	792.60	—	—	—
	—	60.60	59.60	—	—	—
	—	1,200	965.90	—	—	—
	—	2,468	2,145	—	—	—
	—	92.00	233.50	—	—	—
	—	54.10	174.10	—	—	—
	—	37.90	59.40	—	—	—
	—	2,108	1,784	—	—	—
Cash flow
	—	203.30	421.10	—	—	—
	—	8.70	-143.10	—	—	—
	—	-178.70	45.20	—	—	—
	—	0.00	4.40	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +12.20%
Sales CAGR 5Y: —
Profit CAGR 3Y: +540.95%
Profit CAGR 5Y: —
Sales YoY (TTM): +14.00%
Profit YoY (TTM): +25.24%

Consolidated

Sales CAGR 3Y: +10.04%
Sales CAGR 5Y: —
Profit CAGR 3Y: +223.43%
Profit CAGR 5Y: —
Sales YoY (TTM): +20.45%
Profit YoY (TTM): +28.91%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 19.04%

Quarter	September 2026	June 2026
Promoter %	19.04%	19.08%

Holder	Type	Holding	Previous	Change
RAJIV MITTAL	Promoter	15.54%	15.57%	-0.03%
REKHA JHUNJHUNWALA	Public	8.00%	8.02%	-0.02%
VARADARAJAN S	Promoter	3.50%	3.51%	-0.01%
MOTILAL OSWAL SMALL CAP FUND	Public	2.80%	2.81%	-0.01%
FEDERATED HERMES INVESTMENT FUNDS PLC ON BEHALF OF FEDERATED HERMES GLOBAL EMERGING MARKETS EQUITY FUND	Public	1.80%	1.97%	-0.17%
ISHARES II PUBLIC LIMITED COMPANY - ISHARES GLOBAL WATER UCITS ETF	Public	1.09%	1.32%	-0.23%
THE PRUDENTIAL ASSURANCE COMPANY LIMITED	Public	1.06%	—	—
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND	Public	1.05%	1.04%	+0.01%
VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS	Public	1.01%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
VA Tech Wabag Limited	11,606	1,856.50	29.43	17.90%	+20.45% TTM	+28.91% TTM	+32.59%
Ion Exchange (India) Ltd	4,603	313.85	-132.08	12.30%	+4.60% TTM	-116.50% TTM	-20.89%
ENVIRO INFRA ENGINEERS LIMITED	3,147	179.30	16.47	18.90%	+15.49% TTM	+0.77% TTM	-28.71%
Technocraft Ventures Limited	2,138	539.70	—	—	—	—	—
JITF INFRALOGISTICS LIMITED	702	273.25	-96.09	13.70%	+24.34% TTM	-106.25% TTM	-10.70%
Denta Water and Infra Solutions Limited	641	239.95	11.97	18.00%	—	—	-39.38%

Filings & corporate actions

Recent announcements

Intimation of Schedule of Analyst/Institutional Investor Call - Post announcement of Q2 & H1 FY27 Unaudited Financial Results (both standalone and consolidated) of the Company3 Nov 2026 · Company Update / Analyst / Investor Meet
VA Tech Wabag Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the unaudited Financial Results ....28 Oct 2026 · Board Meeting / Board Meeting
WABAG Secures order form RIL to deliver ''Mega'' Desalination Plant and Remineralization Plant at Jamnagar27 Oct 2026 · Company Update / Award of Order / Receipt of Order
Certificate in terms of Regulation 74(5) of the SEBI (Depositories and Participants) Regulation 2018, for the quarter ended September, 20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for allotment of 23261 Equity shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"6 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Intimation for Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
WABAG secures repeat order from RIL to deliver state-of-the-art ETP at Jamnagar7 Sep 2026 · Company Update / Award of Order / Receipt of Order
Intimation for allotment of 13404 Equity Shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"3 Sep 2026 · Company Update / Allotment of ESOP / ESPS
Change in designation of Mr. Rohan Mittal as the "Chief Commercial & Development Officer - MEA"31 Aug 2026 · Others / Outcome without intimation
Intimation of Schedule of Analysts / Institutional Investors Meeting28 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of the 31st Annual General Meeting of the Company28 Aug 2026 · AGM/EGM / AGM
From Award to Action : WABAG Inks the ''Mega'' Doha SWRO II Contract, Launching Its Kuwait Debut25 Aug 2026 · Company Update / General
Intimation of Schedule of Analysts/Institutional Investors Meeting21 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript of the ''Q1 FY27 Results Conference Call''19 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation for allotment of 60708 Equity Shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"14 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Audio Recording of the ''Q1 FY27 Results Conference Call'' of VA TECH WABAG LIMITED13 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement titled Extract of the Statement of Consolidated Financial Results (Unaudited) for the quarter ended June 30, 2026.13 Aug 2026 · Company Update / Newspaper Publication
Voting Results of the 31st AGM of the Company along with the Scrutinizer''s Report13 Aug 2026 · AGM/EGM / AGM
Proceedings of the 31st Annual General meeting of the Company12 Aug 2026 · AGM/EGM / AGM
Presentation on the Unaudited Financial Results (both Standalone and Consolidated) of the Company for the quarter ended June 30, 2026.12 Aug 2026 · Company Update / Investor Presentation
WABAG records all time high Rs. 194 Bn order book in Q1 FY 2026-27 Historic High results with Consolidated Revenues at Rs. 8,868 Mn, up 21% YoY; PAT at Rs. 901 Mn, up 37% YoY12 Aug 2026 · Company Update / Press Release / Media Release
Outcome of Board Meeting - Unaudited Financial Results (both Standalone and Consolidated) of the Company for the quarter ended June 30, 2026.12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Unaudited Financial Results (both Standalone and Consolidated) of the Company for the quarter ended June 30, 2026.12 Aug 2026 · Result / Financial Results
Intimation of Schedule of Analysts/Institutional Investors Call - Post announcement of Q1 FY27 Unaudited Financial Results (both Standalone and Consolidated) of the Company7 Aug 2026 · Company Update / Analyst / Investor Meet
VA Tech Wabag Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve the unaudited Financial Results ....4 Aug 2026 · Board Meeting / Board Meeting
Newspaper advertisement titled "Notice of the 31st Annual General Meeting with e-Voting Information and Annual Report FY 2025-26"21 Jul 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report (BRSR) for the FY 2025-2620 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of the 31st Annual General Meeting (AGM)20 Jul 2026 · AGM/EGM / AGM
Notice of the 31st Annual General Meeting (AGM) of the Company and Annual Report for the FY 2025-2620 Jul 2026 · Others / Reg. 34 (1) Annual Report
WABAG secures "Large'' Order inflow from BWSSB for Two Energy-Efficient Wastewater Treatment Facilities20 Jul 2026 · Company Update / Award of Order / Receipt of Order
Newspaper advertisement titled "Notice and Information relating to 31st Annual General Meeting"17 Jul 2026 · Company Update / Newspaper Publication
Certificate in terms of Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2026.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for allotment of 62680 Equity Shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"7 Jul 2026 · Company Update / Allotment of ESOP / ESPS
WABAG wins ''Large'' Order towards expansion of the Donauinsel Water Works in Veinna, Austria.1 Jul 2026 · Company Update / Award of Order / Receipt of Order
Appointment of Mr. Samaresh Parida (DIN: 01853823) as an Additional Director in the capacity of Non-Executive Independent Director of the Company.26 Jun 2026 · Company Update / Change in Management
Outcome of Board Meeting - Appointment of Mr. Samaresh Parida (DIN: 01853823) as an Additional Director (Non-Executive Independent) of the Company26 Jun 2026 · Others / Outcome without intimation
Intimation of Trading Window Closure26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation regarding Tax Deduction at Source (TDS) on the proposed Final Dividend24 Jun 2026 · Company Update / General
Intimation of Record Date for Final Dividend for the FY 2025-2624 Jun 2026 · Corp. Action / Record Date
Intimation for Book Closure for the 31st Annual General Meeting24 Jun 2026 · Corp. Action / Book Closure

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 5.0000	17 Jul 2026	17 Jul 2026	—
Final Dividend - Rs. - 4.0000	5 Aug 2025	5 Aug 2025	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results