VA Tech Wabag Limited, a global leader in water treatment solutions, held its 30th Annual General Meeting, highlighting robust financial performance for FY2025 and significant order wins, including a major desalination project in Saudi Arabia.

Financial Highlights

• Revenue increased by 15% year-over-year to INR 3,294.00 crores
• Profit After Tax (PAT) grew by 20% to INR 295.00 crores
• Order book stood at INR 13,700.00 crores at the end of FY2025, providing 3-4 years of revenue visibility
• Net cash position of INR 706.00 crores, marking the fifth consecutive year of positive net cash

Key Developments

• Secured orders worth over INR 5,700.00 crores in FY2025
• Received a Letter of Award for a 300 MLD mega desalination plant at Yanbu, Saudi Arabia
• Won a INR 380.00 crore contract for energy-efficient water reuse facilities in Bengaluru, India
• Credit rating upgraded to IND AA- with a stable outlook by India Ratings and Research (Fitch Group)

Strategic Focus

Chairman Rajiv Mittal emphasized the company's commitment to sustainable water management and technological innovation. VA Tech Wabag is focusing on:

1. Expanding its global footprint, with international revenues approaching 50% of total revenue
2. Increasing focus on industrial projects, which now account for about 28% of revenues
3. Growing Operations & Maintenance (O&M) revenues, currently at 15% of total revenue
4. Maintaining an asset-light model while pursuing municipal capital projects through strategic partnerships

Dividend Announcement

The Board of Directors recommended a dividend of INR 4.00 per share for FY2025, subject to shareholder approval.

Future Outlook

VA Tech Wabag remains optimistic about growth prospects in the water sector, particularly in emerging markets. The company plans to:

• Continue expanding in the Middle East, Africa, and Asia
• Focus on manufactured water solutions, including desalination and water reuse
• Leverage its portfolio of over 125 IP rights to maintain a competitive edge
• Balance shareholder rewards with investments in future growth

Mr. Mittal stated, "Water as a sector globally is gaining importance, especially post-COVID. We are very bullish that the future is very strong for WABAG."

As global water challenges intensify, VA Tech Wabag is well-positioned to capitalize on the growing demand for sustainable water solutions across its target markets.

VA Tech Wabag , a global leader in water treatment solutions, reported strong financial results and secured a significant new order in Saudi Arabia, as announced during its 30th Annual General Meeting.

Financial Highlights

The company achieved a revenue of INR 3,294.00 crores, marking a 15% year-on-year growth. Profit after tax (PAT) increased by 20% to INR 295.00 crores. VA Tech Wabag maintains a robust order book of INR 16,000.00 crores, providing strong revenue visibility for the next 3-4 years.

Key Developments

• Secured a letter of award for a 300 MLD mega desalination plant in Yanbu, Saudi Arabia
• Won a INR 380.00 crore contract for an energy-efficient water reuse facility in Bengaluru, India
• Declared a dividend of INR 4.00 per equity share

Strategic Focus

Chairman and Managing Director Rajiv Mittal emphasized the company's commitment to sustainable water management and its strong position in emerging markets. "Water as a sector globally is gaining importance, especially post-COVID. We have seen all our target countries, which are the emerging markets, witnessing huge investment in the water sector," Mittal stated.

The company is maintaining a balanced approach between Indian and international orders, aiming for a 50:50 distribution. VA Tech Wabag's technological edge, with over 125 IP rights, and experience in executing over 6,000 plants globally, positions it well to capture growing opportunities in the water sector.

Operational Highlights

• Nearly 50% of revenues now come from international markets
• Operates in over 25 countries
• Secured orders worth over INR 5,700.00 crores
• Maintains a net cash position of INR 706.00 crores

Future Outlook

VA Tech Wabag remains focused on emerging markets in Asia, Africa, and the Middle East. The company is optimistic about its growth prospects, citing increasing global demand for sustainable water solutions and its strong order pipeline.

Chief Financial Officer Skandaprasad Seetharaman highlighted the company's improved credit rating, upgraded to IND AA- with a stable outlook by India Ratings and Research, a Fitch Group Company.

As VA Tech Wabag continues to expand its global footprint, it remains committed to balancing growth investments with shareholder returns, as evidenced by the dividend declaration.