VA Tech Wabag has reported a strong fiscal year 2026, featuring a 19.7% revenue growth to ₹3,944 crore. The company achieved a profit after tax of ₹371 crore, marking a ~26% year-on-year increase. With a robust order book of ₹172 billion, the firm continues to lead in global water technology, maintaining a net cash positive status for the sixth consecutive year, supported by strategic focus on desalination, reuse, and sustainable energy projects.
Financial Highlights
For the fiscal year ending March 2026, VA Tech Wabag delivered consistent financial performance. Revenue reached ₹3,944 crore, representing a 19.7% increase. The company’s EBITDA margin stood at 13.3%, aligning with its 13-15% guidance. Profit After Tax (PAT) grew by approximately 26% year-on-year to ₹371 crore, with Earnings Per Share (EPS) rising to ₹59.51.
Robust Order Book and Revenue Visibility
The company enters the new fiscal year with an order book exceeding ₹172 billion, providing over 4x revenue visibility. A significant ₹75 billion in new order intake was secured during FY26. Notable projects contributing to this success include the 300 MLD SWRO plant in Yanbu, Saudi Arabia, the 400 MLD Desalination Plant in Perur, Chennai, and the CMWSSB Chennai Ring Main system.
Strategic Growth Engines
VA Tech Wabag is capitalizing on three core growth engines: Core Water Markets, Future Energy Solutions, and Operations & Maintenance (O&M). The company is actively expanding its presence in Future Energy segments, including Solar, Semiconductors, and Green Hydrogen, which require specialized high-purity water solutions. The O&M segment continues to act as a stable ‘annuity engine,’ with 38% of the order book comprised of long-term service contracts.
Operational Excellence and Sustainability
The company maintains a strong commitment to Asset-Light operations, focusing on technological leadership with over 125 in-house IPRs. As a net cash positive institution for the sixth consecutive year, the Board has recommended a dividend of ₹5 per share. Looking ahead, VA Tech Wabag aims to deepen its footprint in GCC, Africa, and Central Asia while championing a circular water economy through advanced desalination and wastewater treatment innovations.
Source: BSE
