WABAG FY26 PAT rises 26% to INR 3,705 million

3 min read     Updated on 02 Jun 2026, 01:54 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

VA Tech Wabag reported a 26% rise in FY26 PAT to INR 3,705 million, with revenue growing 21% to INR 40,385 million. The board recommended a final dividend of INR 5.00 per share.

powered bylight_fuzz_icon
40450175

*this image is generated using AI for illustrative purposes only.

VA Tech Wabag has reported its audited financial results for the quarter and financial year ended March 31, 2026, delivering strong growth across key metrics. The company achieved a consolidated net profit of INR 3,705 million for the full year, marking a 26% increase from INR 2,953 million in the previous year. Revenue from operations for the year stood at INR 40,385 million, up approximately 21% year-on-year from INR 33,386 million. Following the results declaration, the company hosted the Annual Investors Meet 2026 and Q4 & FY26 Results Conference Call on May 25, 2026, and released the audio recording on its website.

Annual and Quarterly Financial Performance

The company demonstrated strong operational efficiency across the consolidated financial statements for FY26. The following table summarises the key annual and quarterly metrics:

Metric FY26 FY25
Net Profit INR 3,705 million INR 2,953 million
Revenue from Operations INR 40,385 million INR 33,386 million
Metric Q4 FY26 Q4 FY25
Net Profit INR 1,280 million INR 995 million
Revenue from Operations INR 14,463 million INR 11,676 million

For the quarter ended March 31, 2026, net profit rose to INR 1,280 million compared to INR 995 million in the same period last year. Revenue for the quarter increased to INR 14,463 million from INR 11,676 million in the corresponding period of the previous year.

Dividend Declaration

The Board of Directors has recommended a final dividend of INR 5.00 per equity share of face value INR 2 each for the financial year 2025-26. This dividend is subject to the approval of the Members at the ensuing Annual General Meeting.

Operational Highlights and Order Book

VA Tech Wabag maintained a robust financial position with a gross cash position of INR 10,592 million and a net cash position of INR 8,337 million, marking the sixth consecutive year of being net cash positive. The company reported an order intake of over INR 75 billion and a total order book of over INR 172 billion, including framework contracts, providing strong revenue visibility. Notably, the order book currently stands at over four times revenue, and the company plans to maintain it at a minimum of three times revenue going forward. India Ratings & Research reaffirmed the company's Long Term Rating at IND AA-/Stable and Short Term Rating at IND A1+.

Management Guidance and Strategic Targets

Management has outlined a medium-term goal of achieving 15% to 20% revenue growth and EBITDA margins in the range of 13% to 15%, with the current performance noted to be at the higher end of the revenue growth target. The company also aims for over 20% Return on Capital Employed and over 15% Return on Equity, with current levels at 19.40% and nearly 16%, respectively, and plans to exceed 20% ROCE in the coming years. The following table summarises the key strategic targets:

Parameter Current Level Target
Revenue Growth (Medium-Term) Higher end of target range 15% to 20%
EBITDA Margins (Medium-Term) Not specified 13% to 15%
Return on Capital Employed 19.40% Over 20%
Return on Equity Nearly 16% Over 15%
O&M Contribution 17% 20%
Order Book to Revenue Ratio Over 4 times At least 3 times

VA Tech Wabag is also planning a new 5-year strategy with improved guidelines, aiming for growth within the water sector without diversification into other industries. As part of this strategy, the company intends to increase its Operations & Maintenance contribution from the current 17% to 20%, enhancing the quality and predictability of its revenue streams.

Historical Stock Returns for VA Tech Wabag

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+3.45%+5.96%+15.39%-1.30%+466.01%

How does VA Tech Wabag plan to allocate its substantial net cash position to support the new 5-year strategy?

What specific initiatives will the company implement to increase the Operations & Maintenance contribution from 17% to 20%?

Are there potential risks to maintaining the order book at a minimum of three times revenue given the current economic climate?

VA TECH WABAG promoter confirms no encumbrance in FY 2025-26

0 min read     Updated on 28 May 2026, 05:47 AM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

VA TECH WABAG LIMITED disclosed to stock exchanges that promoter Rajiv Mittal and persons acting in concert have not created any encumbrance on shares during FY 2025-26, complying with Regulation 31(4) of SEBI SAST Regulations.

powered bylight_fuzz_icon
41067472

*this image is generated using AI for illustrative purposes only.

VA TECH WABAG LIMITED has communicated to the stock exchanges regarding the encumbrance status of its promoter shares during the Financial Year 2025-26. The disclosure was submitted in compliance with regulatory requirements governing substantial acquisitions and takeovers.

Regulatory Disclosure Details

The communication was addressed to the Listing Department of the National Stock Exchange of India Limited and the Department of Corporate Services at BSE Limited on April 3, 2026. The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Statement

Rajiv Mittal, the Promoter of VA TECH WABAG LIMITED , confirmed that he, along with persons acting in concert, has not made any encumbrance, directly or indirectly, during the Financial Year 2025-26. The statement requested the exchanges to take the information on record.

The communication was also copied to the Audit Committee of VA TECH WABAG LIMITED for their information and records.

Historical Stock Returns for VA Tech Wabag

1 Day5 Days1 Month6 Months1 Year5 Years
+2.55%+3.45%+5.96%+15.39%-1.30%+466.01%

How might the absence of encumbrances on promoter shares influence investor confidence in VA TECH WABAG's financial stability?

Could this clean encumbrance status signal potential future acquisitions or expansion plans by the company?

What impact might this disclosure have on the stock's liquidity and trading volume in the upcoming quarters?

More News on VA Tech Wabag

1 Year Returns:-1.30%