WABAG
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India's VA Tech Wabag rises on order win
** Shares of VA Tech Wabag VATE.NS rise almost 3% to 1,235.20 rupees
** Water tech firm secures order from United Water Supply Company of Georgia worth between 2.5 billion rupees ($26.74 million) and 6 billion rupees ($64.18 million)
** Trading volume at 304,423 shares so far vs 30-day avg of 384,191 shares
** Stock rated "strongbuy" on average by 5 analysts, median PT at 1840 rupees- data compiled by LSEG
** YTD, stock down nearly 8%
($1 = 93.4930 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
** Shares of VA Tech Wabag VATE.NS rise almost 3% to 1,235.20 rupees
** Water tech firm secures order from United Water Supply Company of Georgia worth between 2.5 billion rupees ($26.74 million) and 6 billion rupees ($64.18 million)
** Trading volume at 304,423 shares so far vs 30-day avg of 384,191 shares
** Stock rated "strongbuy" on average by 5 analysts, median PT at 1840 rupees- data compiled by LSEG
** YTD, stock down nearly 8%
($1 = 93.4930 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
India's VA Tech Wabag rises on order win
** Shares of VA Tech Wabag VATE.NS up 1.7% at 1,246.60 rupees
** Water tech firm secures Letter of Award from the Chennai Metropolitan Water Supply and Sewerage Board to develop a looped transmission network
** Project to be completed within 54 months, followed by 10 years of operation and maintenance
** Avg rating of five analysts is "strong buy", median PT is 1,840 rupees - data compiled by LSEG
** YTD, VATE down about 4.8%
(Reporting by Brijesh Patel in Bengaluru)
((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
** Shares of VA Tech Wabag VATE.NS up 1.7% at 1,246.60 rupees
** Water tech firm secures Letter of Award from the Chennai Metropolitan Water Supply and Sewerage Board to develop a looped transmission network
** Project to be completed within 54 months, followed by 10 years of operation and maintenance
** Avg rating of five analysts is "strong buy", median PT is 1,840 rupees - data compiled by LSEG
** YTD, VATE down about 4.8%
(Reporting by Brijesh Patel in Bengaluru)
((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
Va Tech Wabag Secures Order For 45 Mld TTRO Plant In Chennai
March 12 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 'MEGA' PPP ORDER FOR 45 MLD TTRO PLANT IN CHENNAI
VA TECH WABAG LTD - ORDER VALUED ABOVE 10 BILLION RUPEES
Source text: ID:nNSE7C1K0N
Further company coverage: VATE.NS
March 12 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 'MEGA' PPP ORDER FOR 45 MLD TTRO PLANT IN CHENNAI
VA TECH WABAG LTD - ORDER VALUED ABOVE 10 BILLION RUPEES
Source text: ID:nNSE7C1K0N
Further company coverage: VATE.NS
Va Tech Wabag Ltd Dec-Quarter Consol Net Profit 917 Million Rupees
Feb 5 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - DEC-QUARTER CONSOL NET PROFIT 917 MILLION RUPEES
VA TECH WABAG LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.61 BILLION RUPEES
Source text: ID:nNSE586JHq
Further company coverage: VATE.NS
Feb 5 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - DEC-QUARTER CONSOL NET PROFIT 917 MILLION RUPEES
VA TECH WABAG LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 9.61 BILLION RUPEES
Source text: ID:nNSE586JHq
Further company coverage: VATE.NS
Va Tech Wabag Secures Order From BPCL For Water Treatment
Jan 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDER FROM BPCL FOR WATER TREATMENT
ORDER VALUE BETWEEN 2.5 BILLION RUPEES AND 6 BILLION RUPEES
Source text: ID:nBSE221MNW
Further company coverage: VATE.NS
Jan 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDER FROM BPCL FOR WATER TREATMENT
ORDER VALUE BETWEEN 2.5 BILLION RUPEES AND 6 BILLION RUPEES
Source text: ID:nBSE221MNW
Further company coverage: VATE.NS
VA Tech Wabag Secures Large Order From SWA
Dec 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES LARGE ORDER FROM SWA
GETS ORDER WORTH BETWEEN 2.5-6 BILLION RUPEES
Source text: ID:nBSE4JjPd2
Further company coverage: VATE.NS
Dec 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES LARGE ORDER FROM SWA
GETS ORDER WORTH BETWEEN 2.5-6 BILLION RUPEES
Source text: ID:nBSE4JjPd2
Further company coverage: VATE.NS
India's VA Tech Wabag gains on 465 mln-rupee order win
** VA Tech Wabag VATE.NS rises 1.7% to 1,614.60 rupees
** Water treatment firm gets order worth 465 mln rupees ($5.4 mln) from RenewSys India
** Order for water management solutions for 2 GW solar cell manufacturing facility in Hyderabad, Telangana
** VATE falls ~2% YTD
($1 = 86.9875 Indian rupees)
(Reporting by Vijay Malkar)
** VA Tech Wabag VATE.NS rises 1.7% to 1,614.60 rupees
** Water treatment firm gets order worth 465 mln rupees ($5.4 mln) from RenewSys India
** Order for water management solutions for 2 GW solar cell manufacturing facility in Hyderabad, Telangana
** VATE falls ~2% YTD
($1 = 86.9875 Indian rupees)
(Reporting by Vijay Malkar)
Va Tech Wabag Secures 5-Year O&M Order For Bahrain Sewage Plant
Aug 19 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 5-YEAR O&M ORDER FOR BAHRAIN SEWAGE PLANT
VA TECH WABAG LTD - SECURES ORDER WORTH 5.12 MILLION BAHRAINI DINARS
Source text: ID:nBSEMbD7t
Further company coverage: VATE.NS
Aug 19 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 5-YEAR O&M ORDER FOR BAHRAIN SEWAGE PLANT
VA TECH WABAG LTD - SECURES ORDER WORTH 5.12 MILLION BAHRAINI DINARS
Source text: ID:nBSEMbD7t
Further company coverage: VATE.NS
VA Tech Wabag Secures 3.80 Billion Rupees Order
July 25 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 3.80 BILLION RUPEES ORDER
Source text: ID:nBSE4DVHjk
Further company coverage: VATE.NS
July 25 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 3.80 BILLION RUPEES ORDER
Source text: ID:nBSE4DVHjk
Further company coverage: VATE.NS
India's VA Tech Wabag up; Motilal Oswal starts coverage with 'buy'
** Water management co VA Tech Wabag VATE.NS rises 2% to 1,548 rupees
** Motilal Oswal starts with "buy"; sets PT at 1,904 rupees, ~25% upside to last close
** Says large order wins or margin boost could trigger valuation re-rating in the near- to medium-term
** Notes co's 137 bln-rupee ($1.6 bln) order book, 200 bln-rupee bid pipeline to support 15%–20% rev growth over next 3–4 years
** Adds focus on high-margin segments like EP, O&M and industrial projects expected to lift margins
** YTD, VATE down 7.6%
($1 = 86.2620 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
** Water management co VA Tech Wabag VATE.NS rises 2% to 1,548 rupees
** Motilal Oswal starts with "buy"; sets PT at 1,904 rupees, ~25% upside to last close
** Says large order wins or margin boost could trigger valuation re-rating in the near- to medium-term
** Notes co's 137 bln-rupee ($1.6 bln) order book, 200 bln-rupee bid pipeline to support 15%–20% rev growth over next 3–4 years
** Adds focus on high-margin segments like EP, O&M and industrial projects expected to lift margins
** YTD, VATE down 7.6%
($1 = 86.2620 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
India's VA Tech Wabag climbs on rise in March quarter profit
** Shares of VA Tech Wabag VATE.NS rise as much as 10.5%, the highest intraday percentage gain in two months, to 1,557 rupees apiece
** Water management company posts a 37.4% rise in fourth-quarter profit at 995 million rupees ($11.62 million); revenue from operations rises 24% to 11.56 billion rupees
** VATE also approves a dividend of 4 rupees per share
** Strong order book of 137 billion rupees provides robust revenue visibility going forward, says VATE in its investor presentation
** Trading volume is at 2.61 million shares as of 11:52 a.m. IST, 8.5 times the 30-day average, according to data compiled by LSEG
** VATE's shares are down 14.2% in 2025 so far, exchange data shows
($1 = 85.6640 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))
** Shares of VA Tech Wabag VATE.NS rise as much as 10.5%, the highest intraday percentage gain in two months, to 1,557 rupees apiece
** Water management company posts a 37.4% rise in fourth-quarter profit at 995 million rupees ($11.62 million); revenue from operations rises 24% to 11.56 billion rupees
** VATE also approves a dividend of 4 rupees per share
** Strong order book of 137 billion rupees provides robust revenue visibility going forward, says VATE in its investor presentation
** Trading volume is at 2.61 million shares as of 11:52 a.m. IST, 8.5 times the 30-day average, according to data compiled by LSEG
** VATE's shares are down 14.2% in 2025 so far, exchange data shows
($1 = 85.6640 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))
India's VA Tech Wabag gains on $100 mln equity partnership
** VA Tech Wabag VATE.NS jumps 7.8% to 1,491.9 rupees
** Water treatment firm enters into non-binding equity partnership of $100 mln with an investor consortium, including Norfund, for dedicated platform
** Municipal platform to focus on development of capital projects for the municipal sector
** More than 853,000 shares traded, 1.4x its 30-day avg
** Stock up 6% so far this month, on track to snap three month losing streak
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
** VA Tech Wabag VATE.NS jumps 7.8% to 1,491.9 rupees
** Water treatment firm enters into non-binding equity partnership of $100 mln with an investor consortium, including Norfund, for dedicated platform
** Municipal platform to focus on development of capital projects for the municipal sector
** More than 853,000 shares traded, 1.4x its 30-day avg
** Stock up 6% so far this month, on track to snap three month losing streak
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
VA Tech Wabag Secures Orders
March 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDERS WORTH 3.60 BILLION RUPEES
Source text: ID:nBSE2MfG1Q
Further company coverage: VATE.NS
March 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SECURES ORDERS WORTH 3.60 BILLION RUPEES
Source text: ID:nBSE2MfG1Q
Further company coverage: VATE.NS
India's Va Tech Wabag jumps on $371 mln order for sewage treatment plant
** Shares of India's Va Tech Wabag VATE.NS rises 3.2% to 1411 rupees
** Water treatment firm Va Tech and Mutlaq Al-Ghowairi Contracting Co get order worth $371 mln to build a sewage treatment plant in Saudi Arabia
** Trading vols 2.4 mln shares vs 30-day avg 419k shares
** So far in 2025, stock has fallen 14%; 2024 was VATE's fourth straight year of gains
(Reporting by Hritam Mukherjee in Bengaluru)
** Shares of India's Va Tech Wabag VATE.NS rises 3.2% to 1411 rupees
** Water treatment firm Va Tech and Mutlaq Al-Ghowairi Contracting Co get order worth $371 mln to build a sewage treatment plant in Saudi Arabia
** Trading vols 2.4 mln shares vs 30-day avg 419k shares
** So far in 2025, stock has fallen 14%; 2024 was VATE's fourth straight year of gains
(Reporting by Hritam Mukherjee in Bengaluru)
Va Tech Wabag Dec-Quarter Consol Net Profit 702 Million Rupees
Feb 7 (Reuters) - Va Tech Wabag Ltd VATE.NS:
DEC-QUARTER CONSOL NET PROFIT 702 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.11 BILLION RUPEES
Source text: ID:nBSE8BWyNd
Further company coverage: VATE.NS
Feb 7 (Reuters) - Va Tech Wabag Ltd VATE.NS:
DEC-QUARTER CONSOL NET PROFIT 702 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.11 BILLION RUPEES
Source text: ID:nBSE8BWyNd
Further company coverage: VATE.NS
Va Tech Wabag Secures 7 Years Operation Contract Order Worth $14 Million
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 7 YEARS OPERATION CONTRACT ORDER WORTH $14 MILLION
VA TECH WABAG - ORDER FOR OPERATION OF WASTEWATER PLANT IN BAHRAIN
Source text: [ID:]
Further company coverage: VATE.NS
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - SECURES 7 YEARS OPERATION CONTRACT ORDER WORTH $14 MILLION
VA TECH WABAG - ORDER FOR OPERATION OF WASTEWATER PLANT IN BAHRAIN
Source text: [ID:]
Further company coverage: VATE.NS
Va Tech Wabag Gets Order Worth 1.45 Bln Rupees
Jan 1 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - GETS ORDER WORTH 1.45 BILLION RUPEES
Source text: [ID:]
Further company coverage: VATE.NS
Jan 1 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - GETS ORDER WORTH 1.45 BILLION RUPEES
Source text: [ID:]
Further company coverage: VATE.NS
Auto stocks lead rise in India's benchmark indexes
** NSE Nifty 50 .NSEI and BSE Sensex .BSESN rise ~0.4% each
** Eight of 13 major sectors advance; auto index .NIFTYAUTO gains 1.4%
** Mahindra & Mahindra MAHM.NS, Bajaj Auto BAJA.NS and Tata Motors TAMO.NS up between 2%-3%; among top five Nifty 50 gainers
** DAM Capital expects Indian automakers' earnings to rebound on rural demand recovery
** Financials .NIFTYFIN and pharma cos .NIPHARM rise 0.2% and 1%, respectively
** Nifty hovering around 200-day moving avg this week, with clear directional cues likely only after quarterly earnings starting in January second week, two analysts say
** Smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 flat
** Water treatment plant maker VA Tech Wabag VATE.NS gains 3% on winning 7 bln-rupee ($81.7 mln) order
** Star Cement STAT.NS rises 2.3% after Ultratech Cement ULTC.NS approves purchase of 8.7% stake in STAT at 2% premium to Thursday close
($1 = 85.6770 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
** NSE Nifty 50 .NSEI and BSE Sensex .BSESN rise ~0.4% each
** Eight of 13 major sectors advance; auto index .NIFTYAUTO gains 1.4%
** Mahindra & Mahindra MAHM.NS, Bajaj Auto BAJA.NS and Tata Motors TAMO.NS up between 2%-3%; among top five Nifty 50 gainers
** DAM Capital expects Indian automakers' earnings to rebound on rural demand recovery
** Financials .NIFTYFIN and pharma cos .NIPHARM rise 0.2% and 1%, respectively
** Nifty hovering around 200-day moving avg this week, with clear directional cues likely only after quarterly earnings starting in January second week, two analysts say
** Smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 flat
** Water treatment plant maker VA Tech Wabag VATE.NS gains 3% on winning 7 bln-rupee ($81.7 mln) order
** Star Cement STAT.NS rises 2.3% after Ultratech Cement ULTC.NS approves purchase of 8.7% stake in STAT at 2% premium to Thursday close
($1 = 85.6770 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
India's VA Tech Wabag slumps after cancellation of 27 bln-rupee order
** Shares of VA Tech Wabag VATE.NS fall 17.2% to 1,561 rupees
** Desalination and water treatment co said order for mega sea water desalination plant in Saudi Arabia has been cancelled
** Order was worth 27 bln rupees ($317 mln)
** Trading vols at 1.6 mln, 4.7x 30-day average
** Day's fall trims YTD gains to ~149%
($1 = 84.9200 Indian rupees)
(Reporting by Vijay Malkar)
** Shares of VA Tech Wabag VATE.NS fall 17.2% to 1,561 rupees
** Desalination and water treatment co said order for mega sea water desalination plant in Saudi Arabia has been cancelled
** Order was worth 27 bln rupees ($317 mln)
** Trading vols at 1.6 mln, 4.7x 30-day average
** Day's fall trims YTD gains to ~149%
($1 = 84.9200 Indian rupees)
(Reporting by Vijay Malkar)
Va Tech Wabag Says Tender For Saudi Arabia Sea Water Desalination Plant Stands Cancelled
Dec 17 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TENDER FOR SAUDI ARABIA SEA WATER DESALINATION PLANT WON BY CO STANDS CANCELLED
Source text: [ID:]
Further company coverage: VATE.NS
Dec 17 (Reuters) - Va Tech Wabag Ltd VATE.NS:
TENDER FOR SAUDI ARABIA SEA WATER DESALINATION PLANT WON BY CO STANDS CANCELLED
Source text: [ID:]
Further company coverage: VATE.NS
VA Tech Wabag Wins Mega Order Worth 10 Billion Rupees
Oct 15 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - WINS MEGA ORDER WORTH 10 BILLION RUPEES
VA TECH WABAG- ORDER TOWARDS 100 MLD SEA WATER DESALINATION PLANT FROM INDOSOL SOLAR
Source text for Eikon: ID:nnAPN29YBHY
Further company coverage: VATE.NS
Oct 15 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG LTD - WINS MEGA ORDER WORTH 10 BILLION RUPEES
VA TECH WABAG- ORDER TOWARDS 100 MLD SEA WATER DESALINATION PLANT FROM INDOSOL SOLAR
Source text for Eikon: ID:nnAPN29YBHY
Further company coverage: VATE.NS
India's VA Tech Wabag rises on orders from Reliance Industries
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise 3.6% to 1,521.45 rupees
** Co gets repeat orders worth between 3 to 5 billion rupees ($35.7-$59.6 mln) from Reliance Industries RELI.NS
** Orders towards water treatment system for Dahej and Nagothane facilities
** Stock has more than doubled so far this year, set for fifth straight year of gains
** Year to date, peer Engineers India ENGI.NS is up 18%
($1 = 83.9430 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of water treatment services provider VA Tech Wabag VATE.NS rise 3.6% to 1,521.45 rupees
** Co gets repeat orders worth between 3 to 5 billion rupees ($35.7-$59.6 mln) from Reliance Industries RELI.NS
** Orders towards water treatment system for Dahej and Nagothane facilities
** Stock has more than doubled so far this year, set for fifth straight year of gains
** Year to date, peer Engineers India ENGI.NS is up 18%
($1 = 83.9430 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
Va Tech Wabag Says Sole Arbitrator Passed Award In Favor Of Travancore Titanium Products
Sept 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SOLE ARBITRATOR PASSED AWARD IN FAVOR OF TRAVANCORE TITANIUM PRODUCTS
SOLE ARBITRATOR ALLOWED CLAIMS FILED BY TTPL FOR 126.7 MILLION RUPEES
SHALL TAKE NECESSARY STEPS TO FILE APPEAL CHALLENGING IMPUGNED AWARD
Source text for Eikon: ID:nBSE8jK1zT
Further company coverage: VATE.NS
(Reporting by VijayDattaram Malkar)
Sept 16 (Reuters) - Va Tech Wabag Ltd VATE.NS:
SOLE ARBITRATOR PASSED AWARD IN FAVOR OF TRAVANCORE TITANIUM PRODUCTS
SOLE ARBITRATOR ALLOWED CLAIMS FILED BY TTPL FOR 126.7 MILLION RUPEES
SHALL TAKE NECESSARY STEPS TO FILE APPEAL CHALLENGING IMPUGNED AWARD
Source text for Eikon: ID:nBSE8jK1zT
Further company coverage: VATE.NS
(Reporting by VijayDattaram Malkar)
India's Va Tech, Antony Waste gain on govt's water supply, sanitation plan
** Shares of Va Tech Wabag VATE.NS, Antony Waste Handling ANTO.NS up 4.1% and 1.7%, respectively
** Finance Minister Nirmala Sitharaman announces water supply, sanitation plan for 100 cities in budget speech
** ANTO gained 4.9% to hit record high before paring gains, while VATE climbed as much as 6%
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Va Tech Wabag VATE.NS, Antony Waste Handling ANTO.NS up 4.1% and 1.7%, respectively
** Finance Minister Nirmala Sitharaman announces water supply, sanitation plan for 100 cities in budget speech
** ANTO gained 4.9% to hit record high before paring gains, while VATE climbed as much as 6%
(Reporting by Kashish Tandon in Bengaluru)
Va Tech Wabag Secures 5 Year Contract Of Al Duqm Desalination Plant In Oman
May 28 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES 5 YEAR OPERATION & MAINTENANCE CONTRACT OF AL DUQM DESALINATION PLANT IN OMAN
ORDER WORTH AROUND 850 MILLION RUPEES
Further company coverage: VATE.NS
May 28 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WABAG SECURES 5 YEAR OPERATION & MAINTENANCE CONTRACT OF AL DUQM DESALINATION PLANT IN OMAN
ORDER WORTH AROUND 850 MILLION RUPEES
Further company coverage: VATE.NS
India's VA Tech Wabag slumps on Q4 profit fall
** Shares of water treatment services firm VA Tech Wabag VATE.NS down 5% to 946.5 rupees
** Co reports 16% fall in Q4 standalone profit before exceptional items and tax
** It had one-time charge of 2.43 bln rupees in the previous year
** Expenses surged over 7%, rev from ops grew 3%
** Stock on track to log steepest one-day pct fall since Dec
** Over 1.5 mln shares traded, 1.7x the 30-day avg
** Including session's losses, stock up ~51% YTD
($1 = 83.2362 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
** Shares of water treatment services firm VA Tech Wabag VATE.NS down 5% to 946.5 rupees
** Co reports 16% fall in Q4 standalone profit before exceptional items and tax
** It had one-time charge of 2.43 bln rupees in the previous year
** Expenses surged over 7%, rev from ops grew 3%
** Stock on track to log steepest one-day pct fall since Dec
** Over 1.5 mln shares traded, 1.7x the 30-day avg
** Including session's losses, stock up ~51% YTD
($1 = 83.2362 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
VA Tech Wabag Posts March-Quarter Consol Net Profit Vs Loss Yr Ago
May 21 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG MARCH-QUARTER CONSOL NET PROFIT 724 MILLION RUPEES VERSUS LOSS 1.11 BILLION RUPEES
VA TECH WABAG MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.34 BILLION RUPEES VERSUS 9.27 BILLION RUPEES
Source text for Eikon: ID:nBSECZtDz
Further company coverage: VATE.NS
May 21 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG MARCH-QUARTER CONSOL NET PROFIT 724 MILLION RUPEES VERSUS LOSS 1.11 BILLION RUPEES
VA TECH WABAG MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 9.34 BILLION RUPEES VERSUS 9.27 BILLION RUPEES
Source text for Eikon: ID:nBSECZtDz
Further company coverage: VATE.NS
Va Tech Wabag Wins Adb Funded Dbo Order Worth About USD 49 Million
May 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS ADB FUNDED DBO ORDER FROM KATHMANDU UPATYAKA KHANEPANI WORTH ABOUT USD 49 MILLION
ORDER FOR THREE WASTEWATER TREATMENT PLANTS IN NEPAL
Further company coverage: VATE.NS
May 13 (Reuters) - Va Tech Wabag Ltd VATE.NS:
WINS ADB FUNDED DBO ORDER FROM KATHMANDU UPATYAKA KHANEPANI WORTH ABOUT USD 49 MILLION
ORDER FOR THREE WASTEWATER TREATMENT PLANTS IN NEPAL
Further company coverage: VATE.NS
India's VA Tech Wabag hits over six-year high on order win
** Shares of VA Tech Wabag VATE.NS up as much as 11.4% at 737 rupees
** Water treatment services provider won an order worth $33.5 mln from SEPCO III Electric Power Construction Corporation
** Stock hits highest level since June 2017; has been trading above 200-day moving avg since Nov. 2022
** Stock's YTD gains are 10.2%, following a 91.6% jump in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
** Shares of VA Tech Wabag VATE.NS up as much as 11.4% at 737 rupees
** Water treatment services provider won an order worth $33.5 mln from SEPCO III Electric Power Construction Corporation
** Stock hits highest level since June 2017; has been trading above 200-day moving avg since Nov. 2022
** Stock's YTD gains are 10.2%, following a 91.6% jump in 2023
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
Va Tech Wabag Entered Into MOU With Peak Sustainability Ventures
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG - ENTERED INTO MOU WITH PEAK SUSTAINABILITY VENTURES
VA TECH WABAG - ENTERED INTO MOU TO ESTABLISH 100 BIO-CNG PLANTS AT SEWAGE TREATMENT FACILITIES
Source text for Eikon: ID:nNSE7FlcfG
Further company coverage: VATE.NS
Jan 29 (Reuters) - Va Tech Wabag Ltd VATE.NS:
VA TECH WABAG - ENTERED INTO MOU WITH PEAK SUSTAINABILITY VENTURES
VA TECH WABAG - ENTERED INTO MOU TO ESTABLISH 100 BIO-CNG PLANTS AT SEWAGE TREATMENT FACILITIES
Source text for Eikon: ID:nNSE7FlcfG
Further company coverage: VATE.NS
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What does VA Tech Wabag do?
VA Tech Wabag Limited, an Indian multinational technology company, specializes in providing sustainable water solutions to industries and municipalities worldwide, making a significant impact in clean water and wastewater infrastructure.
Who are the competitors of VA Tech Wabag?
VA Tech Wabag major competitors are Felix Industries, ION Exchage, Jash Engineering, Chembond Mat.Techno, Quality RO Industry. Market Cap of VA Tech Wabag is ₹7,717 Crs. While the median market cap of its peers are ₹306 Crs.
Is VA Tech Wabag financially stable compared to its competitors?
VA Tech Wabag seems to be less financially stable compared to its competitors. Altman Z score of VA Tech Wabag is 3.3 and is ranked 6 out of its 6 competitors.
Does VA Tech Wabag pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. VA Tech Wabag latest dividend payout ratio is 8.4% and 3yr average dividend payout ratio is 8.4%
How has VA Tech Wabag allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is VA Tech Wabag balance sheet?
Balance sheet of VA Tech Wabag is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of VA Tech Wabag improving?
Yes, profit is increasing. The profit of VA Tech Wabag is ₹338 Crs for TTM, ₹295 Crs for Mar 2025 and ₹246 Crs for Mar 2024.
Is the debt of VA Tech Wabag increasing or decreasing?
Yes, The net debt of VA Tech Wabag is increasing. Latest net debt of VA Tech Wabag is -₹561.5 Crs as of Sep-25. This is greater than Mar-25 when it was -₹1,262.4 Crs.
Is VA Tech Wabag stock expensive?
VA Tech Wabag is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of VA Tech Wabag is 22.58, while 3 year average PE is 44.94. Also latest EV/EBITDA of VA Tech Wabag is 16.0 while 3yr average is 14.43.
Has the share price of VA Tech Wabag grown faster than its competition?
VA Tech Wabag has given better returns compared to its competitors. VA Tech Wabag has grown at ~42.22% over the last 4yrs while peers have grown at a median rate of 17.29%
Is the promoter bullish about VA Tech Wabag?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in VA Tech Wabag is 19.09% and last quarter promoter holding is 19.1%
Are mutual funds buying/selling VA Tech Wabag?
The mutual fund holding of VA Tech Wabag is increasing. The current mutual fund holding in VA Tech Wabag is 3.8% while previous quarter holding is 3.64%.
