VA Tech Wabag LimitedWABAGCorporate

Engineering - Turnkey Services Latest results: Mar 2026 14 quarters of data
₹1,884.80
MCap ₹11,778 Cr · P/E 31.8
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,414 Cr
Sales · Mar 2026
+22.3% YoY
₹156 Cr
Operating Profit · Mar 2026
+10.8% YoY
11.0%
OPM % · Mar 2026
-9.8% YoY
₹128 Cr
Net Profit · Mar 2026
+28.6% YoY
₹20.59
EPS · Mar 2026
+28.7% YoY

📝 VA Tech Wabag Limited — results explained

Quarter ended March 2026 (Q4 FY26)

VA Tech Wabag Limited reported revenue of ₹1,414 crore for the quarter ended March 2026 (Q4 FY26), up 22.3% from ₹1,156 crore in the same quarter last year, and up 47.1% sequentially over the December 2025 quarter.

Net profit rose 28.6% year-on-year to ₹128 crore, from ₹100 crore. Earnings per share (EPS) came in at ₹20.59.

Operating profit stood at ₹156 crore — an operating margin (OPM) of 11.0%, compared with 12.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, VA Tech Wabag Limited posted revenue of ₹3,944 crore, a growth of 19.7% over FY25, with a net profit of ₹370 crore (up 25.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹3,944 crore with a net profit of ₹370 crore.

Valuation snapshot

At the current price of ₹1,884.80, WABAG has a market capitalisation of ₹11,778 crore and a trailing P/E of about 31.8.

Within the Engineering - Turnkey Services industry, it is the 2nd-largest of the 36 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 19.08%, foreign institutional investors (FIIs) 18.26%, domestic institutional investors (DIIs) 6.33%, public shareholders 56.34% of VA Tech Wabag Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹11,778 Cr
Current Price ?
₹1,884.8
P/E ?
31.84above ind
Industry P/E ?
10.40
P/B ?
4.59
P/S ?
2.99
P/FCF ?
58.31
Enterprise Value ?
₹12,006 Cr
EV/EBITDA ?
25.97
PEG ?
0.34
Earnings Yield ?
3.8%
Dividend Yield ?
0.21%
Profitability & Returns
Sales (TTM) ?
₹3,944 Cr
OPM ?
11.7%
Profit after tax (TTM) ?
₹370 Cr
EPS (TTM) ?
₹59.19
ROCE ?
21.0%
ROE ?
14.4%
ROA ?
6.0%
Growth
Sales — latest qtr ?
₹1,414 Cr
PAT — latest qtr ?
₹128 Cr
YoY qtr sales growth ?
22.3%
YoY qtr profit growth ?
28.6%
Sales growth (3y) ?
10%
Sales growth (5y) ?
7%
Profit growth (3y) ?
93%
Profit growth (5y) ?
28%
Financial Health
Debt ?
₹228 Cr
Debt to Equity ?
0.09
Interest Coverage ?
6.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
19.08%
Change in promoter holding ?
-0.04%
Pledged percentage ?
N/A
Market
Return 3 months ?
-5.3%
Return 6 months ?
35.6%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 6529275536657049346267008111,1567348349611,414 +22.3% +47.1%
Operating Profit 7510866869911681941001419689122156 +10.8% +28.4%
Other Income 382615381114151111422432 +180.7% +33.3%
Interest 1616161717221819202219201817 -20.9% -5.0%
Depreciation 22222221111222 +42.9% +25.0%
Profit Before Tax 60-14264838310070929113187111121170 +29.7% +40.1%
Net Profit 47-11250606378557070100668591128 +28.6% +40.2%
EPS 7.58-17.868.049.6810.1111.648.8411.3511.2916.0010.5813.6314.7320.59 +28.7% +39.8%
OPM % 11.5% 11.7% 11.9% 12.9% 14.0% 12.4% 13.0% 13.4% 12.4% 12.2% 13.0% 10.7% 12.6% 11.0% -9.8% -12.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹3,294 Cr ₹3,944 Cr ₹3,944 Cr +19.7%
Operating Profit ₹416 Cr ₹462 Cr ₹462 Cr +11.1%
OPM % 12.63% 11.72% 11.72% -7.2%
NPM % 8.95% 9.38% 9.38% +4.8%
Other Income ₹51 Cr ₹109 Cr ₹109 Cr +114.4%
Depreciation ₹6 Cr ₹7 Cr ₹7 Cr +13.6%
Interest ₹79 Cr ₹73 Cr ₹73 Cr -7.0%
EBIT ₹410 Cr ₹456 Cr ₹456 Cr +11.1%
PBT ₹384 Cr ₹489 Cr ₹489 Cr +27.2%
Tax ₹90 Cr ₹77 Cr ₹77 Cr -14.2%
Net Profit ₹295 Cr ₹370 Cr ₹370 Cr +25.5%
EPS ₹47.48 ₹59.53 ₹59.53 +25.4%
Material Cost ₹2,560 Cr ₹1,900 Cr ₹1,900 Cr -25.8%
Employee Cost ₹264 Cr ₹220 Cr ₹220 Cr -16.7%
Extraordinary Items — ₹-5 Cr ₹-5 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 12121212 +0.0%
Reserves 1,5621,8062,1282,556 +20.1%
Borrowings 219289362228 -37.0%
Other Liabilities 2,2942,4672,7663,326 +20.2%
Total Liabilities 4,0884,5745,2676,122 +16.2%
Fixed Assets 75726766 -1.5%
CWIP 0000 —
Investments 46676972 +4.3%
Other Assets 3,9674,4355,1315,984 +16.6%
Total Assets 4,0884,5745,2676,122 +16.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 85134355207 -41.7%
Cash from Investing Activity 4156-111-20 +82.0%
Cash from Financing Activity -2404434-185 -644.1%
Net Cash Flow -1142332781 -99.6%
Free Cash Flow 83122351202 -42.5%
CFO/OP 35%44%103%64% -37.9%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 186254223234 +4.9%
Cash Conversion Cycle 186254223234 +4.9%
Working Capital Days 611239097 +7.8%
ROCE % 20%20%20%21% +5.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 19.12%19.10%19.10%19.09%19.08% -0.1%
FIIs 18.69%18.40%18.97%16.60%18.26% +10.0%
DIIs 3.66%4.47%4.32%5.77%6.33% +9.7%
Public 58.51%58.04%57.62%58.54%56.34% -3.8%
No. of Shareholders 1,92,9721,94,2811,93,7842,00,3882,05,590 +2.6%

⚖️ Peer comparison

Industry: Engineering - Turnkey Services · top 25 of 36 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ORIANA Oriana Power ₹2,077.80 21,110 16.7 1,813 252 22.0% 13.9% — — 64.3% 18.2%
2 WABAG VA Tech ₹2,282.00 14,261 38.3 3,944 370 11.7% 9.4% 19.7% 25.5% 22.3% 28.6%
3 POWERMECH Power Mech ₹2,424.50 7,665 19.6 6,393 420 10.9% 6.6% 15.8% 18.4% 25.6% 10.3%
4 GMRP&UI GMR Power ₹93.16 7,276 11.7 7,388 585 22.3% 7.9% 15.6% -60.5% 3.4% -392.8%
5 ISGEC Isgec Heavy ₹837.65 6,159 25.3 6,819 284 9.1% 4.2% 6.1% 7.7% 17.4% 9.0%
6 TRANSRAILL Transrail Lighting ₹412.65 5,540 13.5 6,830 411 12.1% 6.0% 28.7% 22.6% -4.3% -20.0%
7 IONEXCHANG ION Exchange ₹437.80 5,382 39.6 3,032 98 5.9% 3.2% 6.5% -31.4% 20.1% -93.7%
8 SWSOLAR Sterling and Wilson ₹163.18 3,811 15.7 7,155 213 4.9% 3.0% 19.8% -237.8% -12.6% 103.5%
9 EIEL Enviro Infra ₹194.87 3,421 19.2 1,264 191 22.4% 15.1% 8.3% 6.1% 49.1% 6.4%
10 ASHOKA Ashoka Buildcon ₹113.99 3,200 1.3 7,132 2,476 21.5% 34.7% -25.1% 48.6% -20.5% -44.0%
11 BAJEL Bajel Projects ₹179.23 2,074 73.8 2,751 29 3.6% 1.0% 7.5% 69.5% -6.7% 37.2%
12 RELINFRA Reliance Infrastructure ₹48.80 1,992 1.0 20,877 4,330 4.9% 20.7% -11.0% -25.1% 11749.6% 151.7%
13 BGRENERGY BGR Energy ₹231.86 1,673 — 226 -1,250 -255.9% -551.8% -33.8% -32.8% -82.2% 16.1%
14 KPEL K.P. Energy ₹230.44 1,562 8.5 1,797 182 18.5% 10.1% 59.4% 57.2% 136.7% 2.6%
15 MBECL Mcnally Bharat ₹421.66 1,406 0.4 73 3,655 -286.9% 5002.9% -30.5% 301.0% 0.3% 89.0%
16 GGBL Ganesh Green ₹481.90 1,195 15.9 1,067 75 10.7% 7.0% — — 298.4% 147.1%
17 SEPC SEPC ₹5.62 1,092 42.7 1,150 26 5.5% 2.3% 65.8% 116.6% 38.6% -166.8%
18 ATMASTCO Atmastco ₹306.00 757 — — — — — — — -18.6% 61.9%
19 OMINFRAL OM INFRA ₹78.10 752 22.8 520 33 8.6% 6.3% -29.8% -42.8% 19.2% 1268.7%
20 MOLDTECH Mold-Tek Technologies ₹200.00 576 31.2 208 18 10.9% 8.9% 24.6% -17.0% 78.9% 1215.1%
21 SUPREMEINF Supreme Infrastructure ₹53.50 522 0.1 65 5,797 -3.5% 8900.7% -4.0% 506.5% 95.8% 83.4%
22 WINSOL Winsol ₹378.85 437 30.5 136 14 17.7% 10.3% — — 1.8% 36.6%
23 GVKPIL GVK Power ₹2.33 368 — 81 -1,383 -363.9% -1717.0% -90.0% -331.4% -100.0% 98.5%
24 K2INFRA K2 Infragen ₹275.00 347 26.1 185 13 12.4% 7.0% — — -1.1% -14.3%
25 ATLANTAA ATLANTAA ₹36.81 300 — 78 -5 40.9% -6.5% 33.3% -105.7% 26.2% -196.1%
❓ Frequently asked questions
What was VA Tech Wabag Limited's revenue in Q4 FY26?
VA Tech Wabag Limited reported revenue of ₹1,414 crore for the quarter ended March 2026 (Q4 FY26), up 22.3% from ₹1,156 crore in the same quarter last year, and up 47.1% sequentially over the December 2025 quarter.
What was VA Tech Wabag Limited's net profit in Q4 FY26?
Net profit rose 28.6% year-on-year to ₹128 crore, from ₹100 crore. Earnings per share (EPS) came in at ₹20.59.
What is WABAG's market capitalisation and P/E ratio?
At the current price of ₹1,884.80, WABAG has a market capitalisation of ₹11,778 crore and a trailing P/E of about 31.8.
Who owns VA Tech Wabag Limited? (shareholding pattern)
As of Jun 2026, promoters held 19.08%, foreign institutional investors (FIIs) 18.26%, domestic institutional investors (DIIs) 6.33%, public shareholders 56.34% of VA Tech Wabag Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI