VA Tech Wabag , a leading Indian multinational water technology group, has announced a significant repeat order worth approximately ₹118.00 crores (5.12 million Bahraini Dinars) from the Ministry of Works, Municipalities Affairs and Urban Planning in Bahrain. This contract reinforces WABAG's position in the water treatment sector and demonstrates the company's expertise in sustainable water solutions.

Contract Details

The order involves the operation and maintenance (O&M) of the 40 MLD (Million Liters per Day) Madinat Salman Sewage Treatment Plant (STP) and Long Sea Outfall for a period of five years. This repeat order comes as a continuation of WABAG's involvement with the facility, which they originally constructed under an Engineering, Procurement, and Construction (EPC) contract awarded in October 2015.

Project Highlights

• Facility Specifications: The sewage treatment plant features tertiary treatment and sludge treatment using aerobic digestion and thermal drying.
• Environmental Impact: The treated water from the facility caters to the irrigation requirements of 13 islands, showcasing the project's contribution to water reuse and conservation.
• Advanced Technology: The plant includes an automatic bagging plant for commercial sales of EPA Class A sludge, highlighting WABAG's commitment to resource recovery and circular economy principles.

Strategic Importance

Mr. Srinivasan K, GM – MENA RHQ of WABAG, commented on the order, stating, "This order further strengthens our O&M order book, providing annuity income, improved cash flows, and revenue predictability. The award reaffirms the Ministry's continued trust and confidence in our operational excellence and consistent performance."

Financial Implications

The repeat order is expected to have a positive impact on WABAG's financial performance:

Company Background

VA Tech WABAG has a century of expertise in water technology and operates in more than 25 countries. The company has designed and built over 1,500 municipal and industrial water and wastewater treatment plants worldwide. WABAG's focus on innovation is evident in its state-of-the-art R&D centers in Europe and India, holding over 125 intellectual property rights.

This latest contract underscores WABAG's commitment to providing sustainable water solutions and its strong position in the global water treatment market. The company's alignment with the United Nations Sustainable Development Goals (UNSDGs) and Environmental, Social, and Governance (ESG) principles further emphasizes its role in addressing global water challenges.

As water scarcity and environmental concerns continue to grow worldwide, WABAG's expertise in water treatment and reuse positions it well for future growth and impact in the sector.

VA Tech Wabag , a leading Indian multinational water technology company, has announced robust financial results for the first quarter of fiscal year 2025-26, demonstrating significant growth across key metrics.

Financial Highlights

The company reported impressive year-over-year growth in its consolidated financial performance:

VA TECH WABAG's standalone performance also showed strong growth:

• Revenue from operations increased to ₹640.20 crore
• EBITDA rose by 9% year-over-year to ₹86.30 crore
• PAT grew by 21% to ₹60.90 crore

Strategic Achievements

The company highlighted several key achievements during the quarter:

1. Maintained a healthy EBITDA margin of 13%
2. Achieved an Operations & Maintenance (O&M) revenue share of over 20%
3. Marked the 10th consecutive quarter of net cash positivity
4. Secured a robust order book of approximately ₹15,800 crore, providing over four times annual revenue visibility

New Contract Wins

VA TECH WABAG secured two prestigious contracts during the quarter:

1. The Yanbu 300 MLD Desalination Project in Saudi Arabia
2. The BWSSB DBO Project in Bengaluru, India

Management Commentary

Rajiv Mittal, Chairman & Managing Director of VA TECH WABAG LIMITED, expressed satisfaction with the company's performance, stating, "We have carried forward the growth momentum from last year and closed this quarter with profitable growth. Progressing in line with our strategy, we delivered a topline expansion of over 17% YoY, maintained a healthy EBITDA margin of 13%, and achieved an O&M revenue share of over 20%."

Mittal also highlighted the company's strong financial position, noting, "This quarter also marked our 10th consecutive quarter of net cash positivity, underscoring our disciplined financial management."

Future Outlook

Looking ahead, the management remains optimistic about the company's growth trajectory. Mittal commented, "As we move into the next quarter, we remain confident in our ability to secure significant projects and sustain our growth trajectory."

VA TECH WABAG's strong Q1 FY26 performance, coupled with its robust order book and strategic contract wins, positions the company well for continued growth in the water technology sector. The company's focus on innovation, sustainability, and global expansion continues to drive its success in providing end-to-end water solutions across municipal and industrial sectors worldwide.