VA Tech Wabag Limited

VA Tech Wabag Limited (WABAG) is a small-cap Utilities company valued at ₹11,780 crore operating in Water Supply & Management on the NSE and BSE.

Recent price move

VA Tech Wabag Limited last traded at ₹1,892, modestly down 0.92% on the day.

Recent developments

On 2026-09-19, the company reported a 37% rise in Q1FY27 net profit to ₹901 crore, with an order book at a record ₹194 billion. On 2026-09-09, shares surged 9% following a new contract win from Reliance Industries for an Effluent Treatment Plant at Jamnagar, set for completion in 13 months. On 2026-08-25, the company made its Kuwait debut with a new desalination plant deal combining Sea Water Reverse Osmosis technology and a Recarbonation System, with construction scheduled over 36 months.

Financial performance

The company's business is improving, with annual revenue rising 19.7% and annual net profit growing 25.4%. The latest quarter saw revenue increase 20.8% and net profit jump 36.5% compared to the same quarter a year earlier. Margins have improved, with the net profit margin rising 0.4 percentage points to 9.4%, and returns remain strong at 17.0% return on equity and 20.1% return on capital employed.

Valuation multiples

The stock trades at 26.9 times earnings, a premium to the Utilities median of 18.1, 5.38 times book value. It yields 0.2%.

Things to watch

The stock is 13.5% below its 52-week high. Promoter holding remains at 19.08%, and foreign institutional holding increased by 1.66 percentage points in the quarter. The company's last price is 2.74% lower than the previous day, and the market cap is ₹12,531 crore, classifying it as a small-cap stock.

Where it stands

The company is showing strong growth in both revenue and net profit, with recent contract wins and a record order book. The latest quarter's net profit rose 36.5% year-over-year, and the order book reached a record ₹194 billion. The stock is currently 13.5% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.