Va Tech Wabag Ltd
WABAGVa Tech Wabag Ltd
WABAGPrice Chart
Scorecard
Performance
HighThe creamy layer - amongst the top performing stocks
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
40.40 | 5.78 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
23.18 | 3.51 | 1.27% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
VA Tech Wabag Limited is a holding company engaged in design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,516.15 | 3,219.14 | 3,465.49 | 2,788.64 | 2,597.07 | 2,848.45 | 3,011.69 | 3,023.40 | 2,899.80 | 3,007.70 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,578.80 | ||||||||||
Power & Fuel Cost | 3.25 | 4.21 | 3.54 | 3.59 | 3.42 | 2.78 | 2.96 | 3.40 | 2.80 | |||||||||||
Employee Cost | 211.33 | 243.97 | 260.98 | 253.77 | 233.45 | 198.52 | 250.66 | 265.50 | 235.40 | |||||||||||
Selling & Administrative Expenses | 59.65 | 65.52 | 71.75 | 68.98 | 59.00 | 43.06 | 47.20 | 50.50 | 47.70 | |||||||||||
Operating & Other expenses | 2,018.59 | 2,654.85 | 2,829.25 | 2,260.48 | 2,044.30 | 2,371.37 | 2,444.65 | 2,612.50 | 2,204.30 | |||||||||||
EBITDA | 223.33 | 250.59 | 299.97 | 201.82 | 256.90 | 232.72 | 266.22 | 91.50 | 409.60 | 428.90 | ||||||||||
Depreciation/Amortization | 20.49 | 19.11 | 17.84 | 16.79 | 15.39 | 12.13 | 10.13 | 8.80 | 8.40 | 7.80 | ||||||||||
PBIT | 202.84 | 231.48 | 282.13 | 185.03 | 241.51 | 220.59 | 256.09 | 82.70 | 401.20 | 421.10 | ||||||||||
Interest & Other Items | 45.74 | 52.58 | 57.68 | 75.32 | 109.02 | 90.30 | 87.70 | 65.80 | 71.10 | 75.50 | ||||||||||
PBT | 157.10 | 178.90 | 224.45 | 109.71 | 132.49 | 130.29 | 168.39 | 16.90 | 330.10 | 345.60 | ||||||||||
Taxes & Other Items | 68.37 | 76.50 | 92.94 | 4.69 | 41.53 | 20.18 | 36.48 | 3.90 | 84.50 | 84.70 | ||||||||||
Net Income | 88.73 | 102.40 | 131.51 | 105.02 | 90.96 | 110.11 | 131.91 | 13.00 | 245.60 | 260.90 | ||||||||||
EPS | 16.31 | 18.78 | 24.08 | 19.21 | 16.63 | 18.84 | 21.21 | 2.09 | 39.49 | 41.95 | ||||||||||
DPS | 4.00 | 4.00 | 4.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.25 | 0.21 | 0.17 | 0.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
UtilitiesWater Management
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Va Tech Wabag Ltd | 42.91 | 5.78 | — |
Indian Hume Pipe Company Ltd | 30.88 | 2.89 | 0.33% |
Felix Industries Ltd | 55.48 | 4.21 | — |
VL Infraprojects Ltd | 16.77 | 6.30 | — |
Price Comparison
Compare WABAG with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 3.16%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 1.05%
Top 5 Mutual Funds holding Va Tech Wabag Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Motilal Oswal Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.2565% | Percentage of the fund’s portfolio invested in the stock 4.68% | Change in the portfolio weight of the stock over the last 3 months 0.57% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/48 (+1) |
Bajaj Finserv Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4928% | Percentage of the fund’s portfolio invested in the stock 1.37% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/83 (+5) |
LIC MF Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3705% | Percentage of the fund’s portfolio invested in the stock 3.44% | Change in the portfolio weight of the stock over the last 3 months 0.95% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/90 (+2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
WABAG has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 1, 2018
Dividend/Share
₹4.00
Ex DateEx Date
Aug 1, 2018
Cash Dividend
Ex DateEx DateJul 13, 2017
Dividend/Share
₹4.00
Ex DateEx Date
Jul 13, 2017
Cash Dividend
Ex DateEx DateJul 14, 2016
Dividend/Share
₹4.00
Ex DateEx Date
Jul 14, 2016
Cash Dividend
Ex DateEx DateJul 16, 2015
Dividend/Share
₹4.00
Ex DateEx Date
Jul 16, 2015
Cash Dividend
Ex DateEx DateJul 10, 2014
Dividend/Share
₹8.00
Ex DateEx Date
Jul 10, 2014
Net profit of Va Tech Wabag rose 17.28% to Rs 70.60 crore in the quarter ended September 2024 as against Rs 60.20 crore during the previous quarter ended September 2023. Sales rose 5.31% to Rs 700.30 crore in the quarter ended September 2024 as against Rs 665.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales700.30665.00 5 OPM %13.3712.95 - PBDT93.7085.00 10 PBT92.4082.90 11 NP70.6060.20 17 Powered by Capital Market - Live
Va Tech Wabag will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Va Tech Wabag has received an order worth Rs 1,000 crore from Indosol Solar. With this order win, the company embarks on its journey to provide water security for the solar PV sector. This order includes the engineering procurement (EP) scope of design, engineering, supply, installation, testing and commissioning of the 100 MLD desalination plant which will be executed over a 38-month period, followed by a 15 years operation and maintenance (O&M) contract. This plant will be built with the state-of-the-art desalination technologies, designed for superior energy efficiency and production of water to meet the requirements of the 10 GW integrated Solar PV manufacturing unit of Indosol Solar in Andhra Pradesh.Powered by Capital Market - Live
Va Tech Wabag secured large repeat orders from Reliance Industries (RIL) towards Water Treatment System for Dahej and Nagothane facilities. Accordingly to the company's project classification, the order is valued in the range of Rs 300 to Rs 500 crore. Commenting on this order win, S Natrajan, Head-Sales & Marketing, India Cluster said, 'RIL has been a Key Account of WABAG for almost three decades. This repeat order reinforces WABAG's position as the most preferred supplier with RIL. We thank RIL for the continued trust and confidence reposed in WABAG. This order win is a testimony to WABAG's continued technological superiority and leadership in Water treatment and Recycle for the Oil, Gas and Petrochemical Sector'. Powered by Capital Market - Live
The key equity indices traded with deep cuts in mid-morning trade. The Nifty traded near the 24,900 level. Oil & gas shares extended losses for the fourth consecutive trading session. At 11:30 IST, the barometer index, the barometer index, the S&P BSE Sensex, slumped 853.33 points or 1.03% to 81,358.67. The Nifty 50 index slipped 247.70 points or 0.99% to 24,902.65. In the broader market, the S&P BSE Mid-Cap index fell 0.99% and the S&P BSE Small-Cap index shed 0.66%. The market breadth was weak. On the BSE, 1,277 shares rose and 2,490 shares fell. A total of 113 shares were unchanged. IPO Update : The initial public offer (IPO) of Shree Tirupati Balajee Agro Trading Company received 13,69,98,540 bids for shares as against 1,43,08,000 shares on offer, according to stock exchange data at 11:15 IST on Friday (6 September 2024). The issue was subscribed 9.57 times. The issue opened for bidding on Thursday (5 September 2024) and it will close on Monday (9 September 2024). The price band of the IPO is fixed between Rs 78 to 83 per share. An investor can bid for a minimum of 180 equity shares and in multiples thereof. Buzzing Index : The Nifty oil & gas index fell 2.09% to 13,034.70. The index dropped 3.35% in the four consecutive trading sessions. Indian Oil Corporation (down 3.08%), Oil India (down 3.08%), Petronet LNG (down 2.6%), Indraprastha Gas (down 2.59%) and Gujarat State Petronet (down 2.26%), Bharat Petroleum Corporation (down 2.25%), Hindustan Petroleum Corporation (down 2.12%), GAIL (India) (down 1.9%), Reliance Industries (down 1.82%) and Oil & Natural Gas Corpn (down 1.61%) edged lower. Stocks in Spotlight : VA Tech Wabag jumped 4.68% after the company announced that it has bagged a mega order worth $317 million (approximately Rs 2,700 crore) from the Saudi Water Authority (SWA). The contract includes the scope of design, engineering, supply, construction and commissioning of the 300 MLD Mega Desalination Plant which will be developed on a greenfield site located in the west coast of the KSA, south of the Red Sea-facing city Yanbu al-Bahr and is scheduled to be completed within a 30- month period. Pidilite Industries rose 0.63%. The company has entered into exclusive distribution agreement with CollTech Group which manufactures adhesives and thermal management solutions. The company will serve as the exclusive distributor of CollTech's Products in India. Finolex Cables fell 0.32%. The company's chairman, Nikhil Naik has stepped down from the post. The board has appointed Ratnakar Barve as chairman. Global Markets : Asian stocks traded lower on Friday as investors shifted their focus to the upcoming U.S. payrolls report. The report is expected to shed light on the potential magnitude of a rate cut by the Federal Reserve later this month. Japan's household spending data for July rose 0.1% in real terms from the previous year as compared to a 1.4% fall in June. Data from the Japan's statistics bureau said the average household monthly expenditure for July 2024 was 290,931 yen ($2,031.35), up 3.3% in nominal terms from the previous year. Hong Kong's markets will be shut today due to Super Typhoon Yagi. Overnight in the U.S., all three major indexes declined amid ongoing concerns about the economic outlook. The S&P 500 fell by 0.3%, extending its losing streak to three days, while the Dow Jones Industrial Average dropped 0.54%. However, the tech-heavy Nasdaq Composite managed a modest gain of 0.25%. Adding to the economic uncertainty, ADP reported that private sector job growth in August was the weakest in over three and a half years. Companies hired only 99,000 workers, falling short of both the downwardly revised July figure and market expectations. This marked the weakest month for job growth since January 2021, according to data from the payrolls processing firm.Powered by Capital Market - Live
The SWA, formerly known as the Saline Water Conversion Corporation (the 'SWCC'), is responsible for regulating and monitoring water sector business and services to enhance water sustainability and achieve the objectives of Saudi Arabia's Vision 2030. The SWA is currently managing over 40 desalination plants producing over 11 Million cubic meters per day and over 139 ground and surface water purification stations producing over 4 Million cubic meters per day. WABAG's impressive track record and technologically superior proposal were critical in winning this prestigious order towards Engineering Procurement, Construction & Commissioning ('EPCC') of a 300 Million Litre per Day (MLD) Mega Sea Water Reverse Osmosis ('SWRO') Desalination Plant in Yanbu, Kingdom of Saudi Arabia ('KSA'),' the company said in a statement. It further stated that this EPCC contract includes the scope of design, engineering, supply, construction and commissioning of the 300 MLD Mega Desalination Plant which will be developed on a greenfield site located in the west coast of the KSA, south of the Red Sea-facing city Yanbu al-Bahr and is scheduled to be completed within a 30- month period. This mega desalination plant will operate using dual media filters followed by a two-pass reverse osmosis process and re-mineralization to produce clean potable water, which will be further distributed by the SWA. This plant will be built with the state-of-the-art Desalination technologies, designed for superior energy efficiency and will produce stellar quality of water complying with the environmental regulations of the KSA. Rohan Mittal, head, strategy & business growth, GCC said: We are extremely honoured and proud to secure this mega order from prestigious customer SWA, which will contribute to the ambitious Saudi Vision 2030. This mega order is a testament to our expertise and commitment to delivering high-quality, sustainable water solutions worldwide. VA TECH WABAG is a pure-play water technology company. It offers a complete range of technologies and services for total water solutions in both municipal and industrial sectors. Powered by Capital Market - Live
Va Tech Wabag has received an order from Saudi Water Authority worth USD 317 million (~SAR 1,190 million / ~Rs 2,700 crore) towards a 300 MLD Mega Sea Water Desalination Plant in the Kingdom of Saudi Arabia (KSA). This EPCC contract includes the scope of design, engineering, supply, construction and commissioning of the 300 MLD Mega Desalination Plant which will be developed on a greenfield site located in the west coast of the KSA, south of the Red Sea-facing city Yanbu al-Bahr and is scheduled to be completed within a 30-month period. This Mega Desalination Plant will operate using Dual Media Filters followed by a two-pass Reverse Osmosis process and Re-mineralization to produce clean potable water, which will be further distributed by the SWA. This plant will be built with the state-of-the-art Desalination technologies, designed for superior energy efficiency and will produce stellar quality of water complying with the environmental regulations of the KSA. Powered by Capital Market - Live
Net profit of Va Tech Wabag rose 10.00% to Rs 55.00 crore in the quarter ended June 2024 as against Rs 50.00 crore during the previous quarter ended June 2023. Sales rose 13.33% to Rs 626.50 crore in the quarter ended June 2024 as against Rs 552.80 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales626.50552.80 13 OPM %12.6310.09 - PBDT71.9065.70 9 PBT70.0064.00 9 NP55.0050.00 10 Powered by Capital Market - Live
Stock that will see action today: 6 August 2024
Va Tech Wabag will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 0.78%, vs industry avg of -0.68%
Increasing Market Share
Over the last 5 years, market share increased from 62.73% to 66.25%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 18.52%, vs industry avg of 11.06%