Va Tech Wabag reports 29% net profit growth in H1 FY27

Va Tech Wabag announced its financial results for the quarter and half-year ended September 30, 2026. The company reported consolidated revenues of Rs. 18,870 Mn, a 20% year-on-year increase. Net profit after tax (PAT) saw a significant jump of 29% YoY to Rs. 1,947 Mn. The order book surged past Rs. 200 Bn, and the net cash position remains positive for the 15th consecutive quarter.

Va Tech Wabag Announces Strong H1 FY27 Financial Results

VA TECH WABAG LIMITED has disclosed its Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The company showcased robust financial performance with significant year-on-year growth across key metrics.

Financial Performance Highlights

Consolidated Performance:

  • Revenue from operations: Rs. 18,870 Mn, up 20% YoY
  • EBITDA: Rs. 2,608 Mn, up 21% YoY
  • Profit After Tax (PAT): Rs. 1,947 Mn, up 29% YoY

Standalone Performance:

  • Revenue from operations: Rs. 15,871 Mn, up 19% YoY
  • EBITDA: Rs. 2,269 Mn, up 20% YoY
  • Profit After Tax (PAT): Rs. 1,687 Mn, up 29% YoY

Net Cash Position and Order Book

The company maintained a strong financial footing with a Gross Cash Position of Rs. 12,182 Mn and a Net Cash Position (Excluding HAM) of Rs. 11,442 Mn. This marks the 15th consecutive quarter of positive net cash. The order book has seen substantial growth, with Order Intake at Rs. 52 Bn and the total Order Book reaching approximately Rs. 202 Bn, providing significant revenue visibility.

Management Commentary

Commenting on the results, Mr. Rajiv Mittal, Chairman & Managing Director, stated that crossing Rs. 20,000 crores in the order book is a major milestone. He highlighted the securing of two landmark ‘Mega’ orders, including a SWRO project in Kuwait and a desalination plant deal in Jamnagar. Mr. Mittal also emphasized the company’s focus on technology-led projects and its contribution to water security through reuse and desalination initiatives.

With an order book more than four times its annual revenue and a healthy bid pipeline, Va Tech Wabag is well-positioned for future growth, driven by increasing water security needs and the demand for treated water reuse and desalination solutions.

Source: BSE

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