VA Tech Wabag share price
NSE: WABAGBSE: 533269Other UtilitiesSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹1,836.30.
28 Oct: open ₹1,822.00, high ₹1,834.00, low ₹1,800.30
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,297 Cr601st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.40
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.28%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 15.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,57,14246.8% delivered
About VA Tech Wabag
VA Tech Wabag Limited (WABAG) is a Chennai-based water technology company that designs, builds and runs plants for drinking water, wastewater, desalination (turning seawater into fresh water), water recycling, industrial effluent and ultra-pure water.12 It works across the whole chain, from design and engineering to construction and long-term operation, for governments, utilities and industries in India and international markets.12
It earns revenue from 2 kinds of contract: building water treatment plants and operating and maintaining them.3 It runs research and development centres in Europe and India and holds more than 125 intellectual property rights.1 It is present in more than 25 countries and has delivered more than 1,500 plants over the last 3 decades.4 VA Tech Wabag GmbH in Austria is its material subsidiary, one whose size within the group brings extra oversight under listing rules.5
The WABAG business was formed in Germany in 1924; the Indian company was incorporated in 1995.67 Its Indian management bought out the Indian business in 2005 with backing from ICICI Venture, took over the WABAG Austria group from Siemens in 2007 and listed the company on the NSE and BSE in 2010.8 Its promoters are Rajiv Mittal, chairman and managing director, and S. Varadarajan, whole-time director and chief growth officer; the promoters held 19.08% of the shares at the end of June 2026.910
VA Tech Wabag key points
Results
- In the quarter to Jun 2026, consolidated revenue from operations rose 21% to ₹8,868 million, EBITDA (earnings before interest, tax, depreciation and amortisation) rose 22% to ₹1,163 million and profit after tax rose 37% to ₹901 million.11
- In the year to Mar 2026, revenue rose 19.7% to ₹3,944 crore, with EBITDA of ₹524 crore and profit after tax of ₹371 crore.1213
- At the end of June 2026, net cash (cash less borrowings) was ₹9,649 million excluding its hybrid annuity projects (public projects paid for partly in instalments after completion), the 14th consecutive quarter with more cash than debt.14
Market position
- In 2024 industry rankings, WABAG was 3rd among desalination plant suppliers worldwide and 3rd among the world's top 50 private water operators.15
Revenue mix
- Revenue as the company breaks it down, quarter to Jun 20261611The breakdowns total ₹8,849 million, against consolidated revenue from operations of ₹8,868 million.
Item quarter to Jun 2026 By type of work: building plants (engineering, procurement and construction) ₹7,256 million By type of work: operation and maintenance ₹1,593 million By customer: municipal ₹6,632 million By customer: industrial ₹2,217 million Total of each breakdown ₹8,849 million
Where revenue comes from
- Revenue by region as the company breaks it down, quarter to Jun 202616
Item quarter to Jun 2026 India ₹4,209 million Overseas ₹4,640 million Total of this breakdown ₹8,849 million - The company said at its annual general meeting of 12 Aug 2026 that reduced funding had delayed new Middle East projects by about 6 to 8 months; existing projects there were paid on time, though shipping costs and transit times had risen.1718
Order book
- The order book (orders won but not yet carried out) reached a record of about ₹194 billion at the end of June 2026, excluding framework contracts (agreements with no fixed order value), after ₹34 billion of new orders in the quarter.19
- Order book at the end of June 202620
Item quarter to Jun 2026 By type of work: building plants ₹127,280 million By type of work: operation and maintenance ₹66,662 million By customer: municipal ₹170,803 million By customer: industrial ₹23,139 million By region: India ₹99,786 million By region: overseas ₹94,156 million - Projects in the order book include a 300 MLD (million litres a day) desalination plant for the Saudi Water Authority at Yanbu, its largest desalination order in the Middle East, and the 400 MLD Perur desalination plant in Chennai.2122
Customers and partners
- Reliance Industries, a client for nearly 3 decades, has placed repeat orders for water treatment systems at its Dahej and Nagothane sites.23
- Industrial contracts the company reported in its annual report for the year to Mar 2026 include GAIL at its Pata petrochemical complex, Indian Oil at Panipat, Chennai Petroleum and RenewSys, for a solar cell plant.2425
- The company's presentation for the quarter to Jun 2026 lists orders from Bengaluru's water board for 100 MLD and 60 MLD sewage plants and a 25 MLD tertiary plant, and the Delhi Jal Board for a 17 MGD (million gallons a day) plant at Mitraon.2627
What the company expects
- In its presentation of 12 Aug 2026, the company said it expects, over 3 to 5 years, revenue growth of 15% to 20% a year, an EBITDA margin of 13% to 15% and operation and maintenance at 20% of revenue.14
- In its presentation of 12 Aug 2026, the company said it also aims for an order book of 3 times revenue, return on capital employed (operating profit over capital used) above 20%, return on equity (profit over shareholders' money) above 15%, and net cash.14
- The company said at its annual general meeting of 12 Aug 2026 that it intends to install more than 100 compressed biogas plants in the next few years. Its first, at Ghaziabad's 70 MLD Dundaheda sewage plant, began in the year to Mar 2026.2829
Recent events
- On 27 Oct 2026, Reliance Industries awarded the company an order it classes as Mega, above ₹1,000 crore, for a seawater desalination plant expandable to 302 MLD and a remineralisation plant at Jamnagar, to be delivered in phases over 25 months.3031
- On 25 Aug 2026, the company signed the contract for the 272 MLD Doha seawater desalination plant in Kuwait, its first project there, to be built over 36 months and then operated for 5 years.32
- On 1 Jul 2026, the City of Vienna awarded the company the expansion of the Donauinsel drinking water works, of about 86 MLD, due for completion and commissioning in 2030.33
- On 9 Jun 2026, a consortium led by the company won a contract to design and build a 60 MLD sewage treatment plant in Ajman over 24 months, its entry into the UAE.34
Last updated
All 34 sources, each with its page
- 1. Annual report, 20 Jul 2026, page 92
- 2. Annual report, 20 Jul 2026, page 7
- 3. Annual report, 20 Jul 2026, page 256
- 4. Annual report, 20 Jul 2026, page 15
- 5. Annual report, 20 Jul 2026, page 59
- 6. Earnings call, 12 Aug 2026, page 23
- 7. Annual report, 20 Jul 2026, page 1
- 8. Investor presentation, 12 Aug 2026, page 8
- 9. Annual report, 20 Jul 2026, page 54
- 10. Investor presentation, 12 Aug 2026, page 21
- 11. Exchange filing, 12 Aug 2026, page 2
- 12. Annual report, 20 Jul 2026, page 15
- 13. Earnings call, 12 Aug 2026, page 9
- 14. Investor presentation, 12 Aug 2026, page 19
- 15. Annual report, 20 Jul 2026, page 14
- 16. Investor presentation, 12 Aug 2026, page 23
- 17. Earnings call, 12 Aug 2026, page 19
- 18. Earnings call, 12 Aug 2026, page 20
- 19. Exchange filing, 12 Aug 2026, page 2
- 20. Investor presentation, 12 Aug 2026, page 28
- 21. Investor presentation, 12 Aug 2026, page 29
- 22. Investor presentation, 12 Aug 2026, page 8
- 23. Annual report, 20 Jul 2026, page 68
- 24. Annual report, 20 Jul 2026, page 66
- 25. Annual report, 20 Jul 2026, page 67
- 26. Investor presentation, 12 Aug 2026, page 27
- 27. Investor presentation, 12 Aug 2026, page 5
- 28. Earnings call, 12 Aug 2026, page 25
- 29. Annual report, 20 Jul 2026, page 64
- 30. Exchange filing, 27 Oct 2026, page 2
- 31. Exchange filing, 27 Oct 2026, page 3
- 32. Exchange filing, 25 Aug 2026, page 2
- 33. Exchange filing, 1 Jul 2026, page 2
- 34. Exchange filing, 9 Jun 2026, page 2
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.VA Tech Wabag quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +20.4%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- –
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹739 Crdown 36.64%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹79 Crdown 35.32%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 10.7%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 613 | 676 | 1,039 | 640 | 690 | 787 | 1,167 | 739 |
| Net profit | 58 | 64 | 99 | 61 | 70 | 81 | 123 | 79 |
| Net margin | 9.4% | 9.5% | 9.5% | 9.5% | 10.2% | 10.2% | 10.5% | 10.7% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,284 Crup 14.29%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹334 Crup 23.26%
- Net margin
- 10.2%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,798 | 1,856 | 1,748 | 1,746 | 1,843 | 2,143 | 2,325 | 2,510 | 2,874 | 3,284 |
| Net profit | 75 | 117 | 102 | 59 | 73 | 92 | 1 | 236 | 271 | 334 |
| Net margin | 4.2% | 6.3% | 5.9% | 3.4% | 4.0% | 4.3% | 0.1% | 9.4% | 9.4% | 10.2% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Rest of the WorldRest of the World, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,091 Crup 34.71%52.9%
- IndiaIndia, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,864 Crup 3.50%47.1%
Valuation
Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.VA Tech Wabag PE ratio and valuation
At or below today's level on 85% of 1,957 trading days since Nov 2018.
At or below today's level on 67% of 2,465 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −20.0% | +22.9% | −35.3% | 0.4% |
| 3 years | +49.0% | +539.9% | −76.8% | 0.2% |
| 5 years | +35.9% | +35.4% | +0.2% | 0.1% |
Mutual fund holdings
22 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 7 of the 10 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 22 funds holding VA Tech Wabag
- AddedAdded. Funds that held more shares than at the end of the month before.
- 2
- CutCut. Funds that held fewer shares than at the end of the month before.
- 8
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 12
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
| 15,38,787 | 3.82% | ₹317.2 Cr | |
| 3,67,320 | 1.95% | ₹75.7 Cr | |
| 3,51,454 | 1.98% | ₹72.4 Cr | |
| 1,32,201 | 1.72% | ₹27.3 Cr | |
| 1,23,597 | 1.06% | ₹25.5 Cr | |
| 1,02,879 | 0.77% | ₹21.2 Cr | |
| 1,02,035 | 2.03% | ₹21.0 Cr | |
| 81,045 | 0.09% | ₹16.7 Cr | |
| 50,952 | 2.58% | ₹10.5 Cr | |
| 30,500 | 4.14% | ₹6.29 Cr |
Promoter and insider buying and selling
Trades made since 29 Oct 2025.VA Tech Wabag insider trading
- Others0 purchases, 6 salesNo purchase₹1.10 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹1.10 Cr5 pledge filings of unclear kind
VA Tech Wabag competitors and peers
Water Supply & Management, 9 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to VA Tech Wabag in market cap.Utilities companies
VA Tech Wabag is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 5,031 | 51.29 | 3.76 | +10.1% | −53.6% | 7.7% | 6.0% | 0.36% | |
| 2,896 | 16.01 | 2.35 | +15.5% | −3.4% | 16.2% | 15.5% | 0.00% | |
| Technocraft VenturesTECHNOCRAF | 1,914 | – | – | – | – | – | – | 0.00% |
| 675 | – | – | +24.3% | −234.4% | – | 13.3% | 0.00% | |
| 618 | 11.55 | 1.35 | – | – | 12.3% | 13.7% | 1.08% | |
| 347 | 20.36 | 5.48 | +109.5% | +98.9% | 31.1% | – | 0.00% | |
| 301 | 15.40 | 1.98 | – | – | 16.2% | – | 0.00% | |
| 87 | 6.64 | 0.99 | – | – | 14.9% | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.VA Tech Wabag dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 17 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹5.00 |
| 5 Aug 2025 | Final | ₹4.00 |
| 1 Aug 2018 | Final | ₹4.00 |
| 13 Jul 2017 | Final | ₹4.00 |
| 14 Jul 2016 | Final | ₹4.00 |
| 16 Jul 2015 | Final | ₹4.00 |
Latest announcements
Routine notices left out.VA Tech Wabag announcements
Oct 2026
Sep 2026
Aug 2026
VA Tech Wabag share price by year
Each calendar year to 2025.VA Tech Wabag share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,303.30 | −20.7% | 1,677.60 | 1,213.60 |
| 2024 | 1,643.10 | +161.7% | 1,905.90 | 603.30 |
| 2023 | 627.80 | +91.6% | 659.90 | 306.65 |
| 2022 | 327.65 | +5.9% | 368.95 | 225.75 |
| 2021 | 309.50 | +50.0% | 393.60 | 186.25 |
| 2020 | 206.40 | +13.1% | 227.35 | 75.40 |
| 2019 | 182.50 | −29.6% | 357.05 | 161.70 |
| 2018 | 259.20 | −57.6% | 638.10 | 248.20 |
| 2017 | 610.65 | +30.2% | 732.30 | 476.00 |
| 2016 | 468.85 | −31.8% | 691.35 | 421.50 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 1,774.10 | 1,862.30 | 1,732.30 | 1,836.30 | 1,819.25 | 10,63,462 | 29.1% |
| 26 Oct 2026 | 1,704.00 | 1,730.00 | 1,665.00 | 1,707.40 | 1,703.73 | 1,92,417 | 40.5% |
| 23 Oct 2026 | 1,771.00 | 1,782.70 | 1,683.00 | 1,710.40 | 1,710.02 | 4,27,673 | 49.4% |
| 22 Oct 2026 | 1,784.40 | 1,803.10 | 1,731.20 | 1,772.20 | 1,769.10 | 3,54,634 | 40.4% |
| 21 Oct 2026 | 1,874.20 | 1,880.00 | 1,772.60 | 1,784.40 | 1,799.09 | 8,49,005 | 54.1% |
| 19 Oct 2026 | 1,897.70 | 1,933.60 | 1,860.00 | 1,873.20 | 1,891.76 | 2,13,645 | 38.6% |
| 16 Oct 2026 | 1,913.00 | 1,933.70 | 1,870.70 | 1,884.80 | 1,898.35 | 3,24,904 | 56.7% |
| 15 Oct 2026 | 1,941.00 | 1,947.30 | 1,902.00 | 1,909.60 | 1,917.43 | 2,28,326 | 50.2% |
| 14 Oct 2026 | 1,965.00 | 1,979.00 | 1,928.00 | 1,944.50 | 1,943.62 | 2,35,764 | 45.8% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 26 Mar 2015 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 16 Aug 2011 | Split | 0.4000 | Every 2 shares became 5. |
Company details
- NSE symbol
- WABAG
- BSE code
- 533269
- ISIN
- INE956G01038
- Industry
- Other Utilities
- Former symbols
- VATECH
- Website
- www.wabag.com
- CIN
- L45205TN1995PLC030231
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1995
- Registered office
- Wabag House, No. 17, 200 Feet Thoraipakkam-Pallavaram Main Road, Sunnambu Kolathur, Chennai 600117, Tamil Nadu
- Share registrar
- Cameo Corporate Services Ltd
- Keeps the register of shareholders and handles transfers and dividend payments