VA Tech Wabag Ltd.
NSE: WABAG · Infrastructure
Sector
Infrastructure
Size band
Small cap
Market cap
7,843cr
P/E
25.2
ROE
16.6%
Dividend yield
0.3%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Infrastructure · 8 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| JSW Infrastructure Ltd. | 47.0% | 18.1% |
| Afcons Infrastructure Ltd. | 9.0% | −20.7% |
| VA Tech Wabag Ltd. | 9.0% | 20.8% |
| Power Mech Projects Ltd. | 10.0% | 25.6% |
| KP Energy Ltd. | 12.0% | 135.9% |
| Indian Hume Pipe Company Ltd. | 10.0% | −1.3% |
| Om Infra Ltd. | 8.0% | 19.2% |
| Likhitha Infrastructure Ltd. | 12.9% | −30.5% |
| Denta Water And Infra Solutions Ltd. | 22.0% | −11.9% |
What management said
10 statements on recordEarnings call · FY 2025-26 / AGM held August 12, 2026 · 28 Aug 2026
- Revenue growth→15% to 20%· medium-term outlook
“This is the performance of FY 2026 against the medium-term outlook that we gave as a guidance to all the investors. As you can see, whether it is order book, where we have over INR 17,200 Crores. Revenue growing at 15% to 20% was our outlook we grew almost 20% year-over-year last year”
- EBITDA margin→13% to 15% range· medium-term outlook
“EBITDA margin staying in the 13% to 15% range, which also we kept up”
- ROCE→almost 20%· medium-term outlook
“ROCE almost 20%, O&M, this is a more medium-term outlook to get to 20% where we are today well on track and we have our entire organization’s focus on improving this.”
- O&M share→20%· medium-term outlook
“O&M, this is a more medium-term outlook to get to 20% where we are today well on track and we have our entire organization’s focus on improving this.”
- Return on equity→above 15%· medium-term outlook
“Return on equity, this is the return to the shareholders that we see on the money that we have from the shareholders. Here we are well above 15%, our guidance was to be above 15%”
- Net cash position→remaining a net cash positive Company· medium-term outlook
“and most importantly remaining a net cash positive Company, which we have done for the 6th consecutive year where we closed excluding HAM with a net cash of over INR 950 Crores last year.”
- Compressed biogas plants→more than 100 such plants· over the next few years
“So, it is a fantastic opportunity, we have just started but we intend to at least manufacture and install more than 100 such plants over the next few years, so we are very bullish about this opportunity and I think it has a great future.”
Earnings call · Q1 FY27 · 19 Aug 2026
- Revenue growth→15% to 20% growth· FY27
“See we have already guided for a 15% to 20% growth, Shubham, and we are confident of meeting that.”
- EBITDA margin→13% to 15% of EBITDA· medium-term
“And that is why in our medium-term outlook, we gave a blended EBITDA margin outlook of staying within 13% to 15% of EBITDA.”
- EBITDA margin→13% to 14% kind of band· this year
“But I would also like to have 15% by the end of this year. But realistically, with the kind of projects we have, it is more fair to expect a 13% to 14% kind of band in this year.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
On air
10 calls · outcomes not trackedRecorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.
| Channel & show | Aired | Stated target | Stated stop | Outcome |
|---|---|---|---|---|
| CNBC AwaazCNBC Awaax · no registration attached | 6 Oct | — | -1.5% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 5 Oct | — | -1.5% | still open |
| Zee BusinessZee Business · no registration attached | 11 Sep | +7.1% | -3.0% | still open |
| Zee BusinessZee Business · no registration attached | 11 Sep | +4.8% | -3.0% | still open |
| Zee BusinessZee Business · no registration attached | 11 Sep | +6.9% | -3.1% | still open |
| Zee BusinessZee Business · no registration attached | 11 Sep | +4.6% | -3.1% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 11 Sep | +3.5% | -2.4% | still open |
| Zee BusinessZee Business · no registration attached | 27 Aug | +1.7% | -1.3% | still open |
| Zee BusinessZee Business · no registration attached | 27 Aug | +2.0% | -1.0% | still open |
| CNBC AwaazCNBC Awaax · no registration attached | 26 Aug | +3.5% | -1.2% | still open |
Shareholding
change across 4 filings| Category | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Change |
|---|---|---|---|---|---|
| Promoters | 19.1 | 19.1 | 19.1 | 19.1 | 0.0 |
| Foreign institutions | 18.3 | 16.6 | 19.0 | 18.4 | −0.1 |
| Domestic institutions | 6.3 | 5.8 | 4.3 | 4.5 | +1.8 |
| Retail & others | 56.3 | 58.5 | 57.6 | 58.0 | −1.7 |
As filed with the exchange for the periods ending Sep 25 to Jun 26.
Filings
latest 25 of 311- Certificate under SEBI (Depositories and Participants) Regulations, 20187 Oct 2026
- ESOP/ESOS/ESPS6 Oct 2026
- Trading Window28 Sept 2026
- WABAG secures repeat order from RIL to deliver state-of-the-art ETP at Jamnagar7 Sept 2026
- Bagging/Receiving of orders/contracts7 Sept 2026
- Intimation for allotment of 13404 Equity Shares pursuant to exercise of stock options under "WABAG Centenary Stock Option Scheme 2023"3 Sept 2026
- ESOP/ESOS/ESPS3 Sept 2026
- Outcome of Board Meeting31 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates28 Aug 2026
- Intimation of Schedule of Analysts / Institutional Investors Meeting28 Aug 2026
- Updates28 Aug 2026
- Transcript of the 31st Annual General Meeting of the Company28 Aug 2026
- From Award to Action : WABAG Inks the ''Mega'' Doha SWRO II Contract, Launching Its Kuwait Debut25 Aug 2026
- General Updates25 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates21 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates19 Aug 2026
- Transcript of the ''Q1 FY27 Results Conference Call''19 Aug 2026
- ESOP/ESOS/ESPS14 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates13 Aug 2026
- Copy of Newspaper Publication13 Aug 2026
- Shareholders meeting13 Aug 2026
- Shareholders meeting12 Aug 2026
- Proceedings of the 31st Annual General meeting of the Company12 Aug 2026
- Investor Presentation12 Aug 2026
- Press Release12 Aug 2026
The 25 most recent of 311 filings we hold for WABAG, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.