VA Tech Wabag announced strong financial results for Q3 and the nine months ending December 31, 2025. The company reported revenue growth of over 18%. The order book exceeded ₹163 billion. Net cash position maintained for the twelfth consecutive quarter. Break-through orders secured in the Future Energy Solutions sector.
Financial Performance Highlights
VA Tech Wabag showcased strong performance for the period, demonstrating consistent growth and profitability:
- Revenue Growth (9M FY26): Over 18% year-over-year.
- Order Book: Exceeded ₹163 Billion, a 15% increase year-over-year, providing robust revenue visibility.
- Net Cash: Positive for the 12th consecutive quarter.
- New Orders: Order intake of over ₹47 Billion secured in the first nine months of FY26.
Key Financial Metrics (9M FY26)
The company reported the following key financial metrics:
- EBITDA Margin: 13.7%
- PAT Margin: 9.6%
- Return on Equity (RoE): 15.3%
- Return on Capital Employed (RoCE): 18.9%
Revenue Breakdown (9M FY26)
A detailed look at revenue sources reveals a diversified approach:
- EPC (Engineering, Procurement, and Construction): Constituted the major portion with a revenue of ₹20.43 billion.
- O&M (Operations & Maintenance): Contributed ₹4.58 billion.
- Geographically: Revenue split almost equally between India (₹12.39 billion) and Overseas (₹12.62 billion).
Order Book Analysis
- The order book continues to show significant strength and diversification.
- The total order book stands at ₹163.42 billion.
- Key projects include a 300 MLD SWA, Yanbu Al-Bahr, KSA – Desalination project and BWSSB, Bengaluru – WWTP.
Future Outlook
- The company is focused on sustainable solutions and is expanding into new areas such as Future Energy Solutions.
- Strategic partnerships are in place to support growth and innovation.
Source: BSE
