VA TECH WABAG LTD.

VA Tech Wabag Ltd announced its Q1 FY2026-27 financial results, reporting a record-high order book of ₹194 billion. Consolidated revenues surged by 21% year-on-year to ₹8,868 million, while consolidated Profit After Tax (PAT) grew by 37% to ₹901 million. The company also saw a significant order intake of ₹34 billion during the quarter, including new project wins in Kuwait, UAE, India, and Austria. The net cash position remained positive for the 14th consecutive quarter, standing at ₹9,649 million (excluding HAM). The results reflect strong operational performance and robust revenue visibility.

VA Tech Wabag Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated results. The company also provided a press release and made the results available on its website. The board meeting commenced at 10:08 AM IST and concluded at 3:45 PM IST.

VA Tech Wabag's consolidated revenue from operations rose 20.8% YoY to ₹886.8 Cr (standalone ₹739.3 Cr, +15.5% YoY), and reported consolidated PAT of ₹90.1 Cr was up 36.9% YoY (standalone PAT ₹79.3 Cr, +30.2% YoY) — headline numbers that line up with management's own 'historic high' framing and a record ₹19,400 Cr order book. QoQ, revenue fell 37.3% and PAT fell 29.6% against a seasonally strong Q4 FY26 (₹1,414.4 Cr revenue), which is normal sequencing for an EPC/order-execution business rather than a standalone concern. The headline growth, however, is significantly inflated by a large foreign-exchange gain that WABAG books as a distinct revenue-section line item, separate from both 'revenue from operations' and 'other income': ₹36.8 Cr this quarter versus nil a year ago (and ₹19.7 Cr in Q4 FY26). Stripping this out and re-tax-effecting at the quarter's ~23.8% effective rate, adjusted consolidated PAT is roughly ₹62.1 Cr against ₹65.8 Cr a year ago — a ~5.7% YoY decline, not the +37% reported. Standalone shows the same pattern: adjusted PAT of ~₹58.0 Cr versus ₹60.9 Cr a year ago, down ~4.8%. On an ex-FX basis, operating margin has now compressed for three straight quarters — roughly 13.0% (Q1 FY26) to 11.1% (Q4 FY26) to 9.0% (Q1 FY27) — even though management's own EBITDA metric, which treats the FX gain as operating, shows a flat-to-slightly-up 13.1% margin this quarter. Against the prior concall guidance of 15-20% revenue CAGR and 13-15% EBITDA margins, the revenue print is squarely in range, but the margin only clears the band because of the FX gain; on an adjusted basis it sits well below guidance — a miss on the margin leg. No Q1 FY27-specific street consensus was found; the closest public marker is Motilal Oswal's FY27E target of roughly 22-23% EBITDA/PAT CAGR for the full year, against which this quarter's adjusted PAT decline is a soft start rather than a beat. The quarter's corporate developments support the topline story: the order book hit a record ₹19,400 Cr on ₹3,400 Cr of fresh intake, with first-time entries into Kuwait (a 'Mega' SWRO project) and the UAE (Ajman), plus repeat wins from BWSSB and DJB in India and a project in Austria. Net cash position stayed positive for a 14th consecutive quarter at ₹964.9 Cr, a genuine balance-sheet positive unrelated to the FX-gain effect. Management's own framing — 'robust top-line momentum, and strong profitability' — matches the reported figures but does not address the forex-gain composition of this quarter's EBITDA/PAT growth, or that ex-FX core margins have now compressed for three consecutive quarters. Whether volume growth from the record order book can restore core margins toward the 13-15% band without relying on non-operating FX gains is the key item to watch into Q2 FY27.

VA Tech Wabag Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the first quarter ended June 30, 2026, covering both standalone and consolidated statements. In line with SEBI regulations, the company has also extended the trading window closure for its designated persons and their immediate relatives until 48 hours after the declaration of these financial results.

VA Tech Wabag Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report, which forms part of the Annual Report, details the company's commitment to sustainability across environmental stewardship, social impact, responsible governance, and innovation. WABAG highlights its alignment with multiple UN Sustainable Development Goals (SDGs), including providing clean water and sanitation (SDG 6), affordable and clean energy (SDG 7), decent work and economic growth (SDG 8), industry, innovation, and infrastructure (SDG 9), sustainable cities and communities (SDG 11), responsible consumption and production (SDG 12), and climate action (SDG 13). The report emphasizes WABAG's role as a leading water technology company addressing global water challenges and building climate-resilient solutions.

VA Tech Wabag Limited has announced its 31st Annual General Meeting (AGM) will be held on Wednesday, August 12, 2026, at 4:30 PM IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The company will present the audited standalone and consolidated financial statements for FY 2025-26, along with the Board and Auditors' reports. A final dividend of ₹5 per equity share for FY 2025-26 is proposed for declaration. Key agenda items include the re-appointment of Mr. S. Varadarajan as a Director and approval for remuneration payable to Mr. Rohan Mittal, a related party, for a period of three years.

VA Tech Wabag Ltd has issued a notice for its 31st Annual General Meeting (AGM) scheduled for August 12, 2026, to be held via Video Conferencing. Concurrently, the company has released its Annual Report for the Financial Year 2025-26. The report includes the Business Responsibility and Sustainability Report and other statutory disclosures. Electronic versions of both the notice and the annual report are being distributed to eligible members and are also available on the company's website. The company's vision emphasizes executing relentlessly, scaling responsibly, and growing profitably, building on a century of expertise in water solutions.

VA Tech Wabag (WABAG) has secured a 'Large' order from the Bangalore Water Supply and Sewerage Board (BWSSB) for two energy-efficient wastewater treatment facilities. The project includes a 100 MLD Sewage Treatment Plant (STP) and a 25 MLD Tertiary Treatment Plant (TTP) at Byramangala, and a 60 MLD STP at Bellandur. The scope covers Design, Build, Operate (DBO) and Engineering, Procurement, Construction (EPC) with biogas-based power generation. The facilities aim to enhance Bengaluru's wastewater treatment capacity, reduce GHG emissions, and promote resource recovery. The EPC phase is slated for completion within 36 months, followed by a 7-year Operations and Maintenance period.

VA Tech Wabag Ltd (WABAG) has secured a 'Large' order from the City of Vienna for the expansion of the Donauinsel Water Works. This project, a key part of Vienna's "Wiener Wasser 2050" strategy, aims to enhance the city's drinking water supply with a capacity of up to 1,000 litres per second (86 MLD). WABAG will manage the complete technology package, including process engineering, electrical, instrumentation, and building services, utilizing a multi-barrier treatment process. The expansion is crucial for securing Vienna's long-term water supply, addressing growing demand, climate change challenges, and strengthening the resilience of its water system. The project is scheduled for completion by 2030 and represents a significant reference for WABAG in Austria and its strategic focus on the European market.

VA Tech Wabag Limited has appointed Mr. Samaresh Parida as an Additional Director in the capacity of Non-Executive Independent Director. The appointment, effective June 26, 2026, is for a period of three years, subject to shareholder approval at the upcoming 31st Annual General Meeting on August 12, 2026. Mr. Parida, a Chartered Accountant and MBA from IIM Ahmedabad, brings over 40 years of global experience in strategy, finance, governance, and business transformation across various sectors including banking, telecom, FMCG, and manufacturing. He has previously held directorial and audit committee chairman roles in prominent companies like IDBI Bank Limited and Carlsberg India Limited.