Va Tech Wabag reported a robust start to FY27, with consolidated net profit rising 37% year-on-year to ₹901 Mn for the quarter ended June 30, 2026. Consolidated revenue from operations grew 21% YoY to ₹8,868 Mn, while EBITDA increased 22% YoY to ₹1,163 Mn. The strong financial performance was underpinned by an order intake of ₹34 Bn, pushing the total order book to an all-time high of ₹194 Bn, providing substantial revenue visibility for the coming quarters.

The Board of Directors approved the unaudited financial results on August 12, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, Sharp & Tannan. The company maintained its net cash-positive position for the 14th consecutive quarter, with a net cash position of ₹9,649 Mn excluding held-for-sale assets.

Financial Performance Highlights

EBITDA figures derived from press release disclosures; source table provides profit before tax and other line items.

Segment-wise Performance

International markets contributed significantly to the growth trajectory. Rest of the world revenue surged 48% YoY to ₹4,660 Mn, compared to ₹3,155 Mn in the same period last year. India segment revenue grew modestly by 1% YoY to ₹4,228 Mn. The rest of the world segment also drove profitability, with segment results rising from ₹923 Mn to ₹1,113 Mn YoY.

What the Numbers Show

The divergence between domestic and international growth highlights Va Tech Wabag’s successful global expansion strategy. While India revenue remained flat, the near-50% surge in overseas revenue indicates that new market entries in Kuwait, UAE, and Europe are materializing into top-line growth. Furthermore, the expansion of the order book to ₹194 Bn, combined with a net cash position of ₹9,649 Mn, suggests strong balance sheet resilience and high future earnings visibility despite the capital-intensive nature of water infrastructure projects.

VA Tech Wabag Limited has fixed Friday, July 17, 2026, as the record date to determine the eligibility of members for the payment of a final dividend of ₹5.00 per equity share for the financial year ended March 31, 2026. The dividend, subject to shareholder approval, represents 250% of the face value of ₹2 each. The company announced that the 31st Annual General Meeting (AGM) will be held on Wednesday, August 12, 2026, at 4:30 P.M. (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM).

The register of members and share transfer books will remain closed from Thursday, August 6, 2026, to Wednesday, August 12, 2026, both days inclusive. The facility for remote e-voting will be available from Friday, August 7, 2026, at 9:00 A.M. (IST) to Tuesday, August 11, 2026, at 5:00 P.M. (IST). Members eligible to vote are those whose names appear in the register of members or beneficial owners as on the cut-off date of Wednesday, August 5, 2026. The company has appointed Mr. M. Damodaran, Managing Partner, or Ms. J. Kalaiyarasi, Partner of M. Damodaran & Associates LLP, as the Scrutinizer for the e-voting process.

Financial Performance Highlights

For the financial year ended March 31, 2026, VA Tech Wabag reported a milestone year of profitable growth. The company achieved a historic high order book position of approximately INR 172,000 million. Consolidated Profit After Tax (PAT) surged 25.44% year-on-year to INR 3,698 million, while Total Income rose 20.96% to INR 40,385 million. The company maintained a net cash positive position for the sixth consecutive year, with a net cash position (excluding HAM) of INR 9,500 million.

Consolidated Financial Highlights (INR in Millions)

The consolidated Return on Equity (RoE) improved to 15.7% in FY 2025-26 from 14.9% in the previous year, while the Return on Capital Employed (RoCE) stood at 18.6%. The Debt-Equity Ratio reduced significantly to 0.09 from 0.17 in FY 2024-25.

Corporate Governance and Board Updates

The Board of Directors comprises six members as of March 31, 2026. Mr. S. Varadarajan, Whole Time Director & Chief Growth Officer, retires by rotation at the 31st AGM and is eligible for re-appointment. Mr. Samaresh Parida was appointed as an Additional Independent Director effective June 26, 2026, subject to shareholder approval.