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VA Tech Wabag Limited (WABAG.NS)

INR2,120.00 -85.70 (-3.89%)
IN NSE Industrials Waste Management
Address WABAG House 600117
Chennai, IN
CEO Rajiv Devaraj Mittal
Website wabag.com
IPO 2010-10-13
ISIN INE956G01038

Explore sections of this company profile

Also trades on Bombay Stock Exchange · WABAG.BO (INR) National Stock Exchange of India · WABAG.NS (INR)
Description

VA Tech Wabag Limited, an Indian-headquartered company established in 1995, delivers comprehensive water treatment solutions on a global scale through its subsidiaries. The firm designs, supplies, constructs, and manages facilities for drinking water, industrial wastewater, municipal sewage, and desalination. Its wide range of services includes water recycling and reuse, effluent and sludge treatment, and a full suite of engineering, procurement, and construction (EPC), as well as operation and maintenance (O&M) services. They also offer integrated solutions covering project financing, development, and management. Serving both municipal entities and industrial clients, the company's expertise benefits sectors such as oil & gas, power generation, steel, fertilizers, food & beverage, and industrial parks. The company, previously named Balcke Durr and Wabag Technologies Limited, officially became VA Tech Wabag Limited in April 2000.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR2,120.00 -85.70 (-3.89%)
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Volume Profile
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Liquidity & share structure
Average Volume
595.0K
Beta
0.77
Float Shares
44.57M
Free Float %
71.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.81% +4.82% -3.84% +12.57% +1.36% +10.18% -8.43% +214.95% +429.60% +157.37% +283.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,120.00
DCF (Unlevered) 871.65 -58.9%
DCF (Levered) 923.82 -56.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 6 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.85
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Waste Management: +4.3%
    +19.7% Q1'26: +22.3% (vs Q1'25)
  • EPS growth Waste Management: +10.8%
    +25.5% Q1'26: +9.5% (vs Q1'25)
  • FCF margin FCF growth · Waste Management: +46.5%
    -0.1% Q1'26: -3.6% (vs Q1'25)
  • EBIT margin Waste Management: +13.2%
    +12.0% Q1'26: +11.0% (vs Q1'25)
  • ROIC Waste Management: +6.2%
    +20.5% Q1'26: +27.0% (vs Q1'25)
  • Share dilution Waste Management: +0.0%
    +0.0% Q1'26: +17.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Waste Management: 1.12×
    0.48× Q1'26: 0.36× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.82) × ERP
WACC = 98% × Ke + 2% × Kd (31.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 871.87 Current price: 2,120.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
6 Rev. Ana.
5 EPS Ana.
Mar 2027
6 Rev. Ana.
6 EPS Ana.
Mar 2028
6 Rev. Ana.
6 EPS Ana.
Mar 2029
5 Rev. Ana.
4 EPS Ana.
Mar 2030
3 Rev. Ana.
2 EPS Ana.
Revenue
12.33B
est: 12.60B (-2.1%)
14.44B
est: 13.81B (+4.5%)
16.02B
est: 16.75B (-4.3%)
22.30B
est: 20.82B (+7.1%)
24.28B
est: 26.20B (-7.3%)
25.42B
est: 27.67B (-8.1%)
31.98B
est: 30.85B (+3.7%)
34.29B
est: 36.71B (-6.6%)
27.23B
est: 33.94B (-19.8%)
25.24B
est: 26.97B (-6.4%)
28.34B
est: 26.91B (+5.3%)
29.79B
est: 31.55B (-5.6%)
29.60B
est: 32.65B (-9.3%)
28.56B
est: 29.30B (-2.5%)
32.94B
est: 32.07B (+2.7%)
37.76B
37.14B – 38.91B
+17.7% YoY
44.25B
43.63B – 45.33B
+17.2% YoY
51.79B
50.48B – 53.07B
+17.0% YoY
57.63B
56.47B – 59.04B
+11.3% YoY
64.32B
63.03B – 65.90B
+11.6% YoY
EBITDA
1.11B
est: 1.19B (-6.9%)
1.31B
est: 1.06B (+23.4%)
1.53B
est: 1.51B (+1.8%)
2.06B
est: 1.90B (+8.6%)
2.17B
est: 2.06B (+5.3%)
2.41B
est: 1.86B (+29.7%)
3.08B
est: 1.56B (+97.9%)
2.97B
est: 1.40B (+112.1%)
1.98B
est: 1.88B (+5.8%)
2.52B
est: 670.32M (+276.2%)
2.27B
est: 754.47M (+200.8%)
2.69B
est: 979.42M (+175.0%)
821.90M
est: 1.06B (-22.5%)
4.19B
est: 3.01B (+39.1%)
4.22B
est: 3.30B (+28.0%)
3.88B
3.82B – 4.00B
+17.7% YoY
4.55B
4.49B – 4.66B
+17.2% YoY
5.33B
5.19B – 5.46B
+17.0% YoY
5.93B
5.81B – 6.07B
+11.3% YoY
6.61B
6.48B – 6.78B
+11.6% YoY
EBIT
875.70M
est: 1.15B (-24.1%)
1.22B
est: 1.08B (+13.5%)
1.42B
est: 1.47B (-3.2%)
1.73B
est: 1.78B (-2.7%)
1.82B
est: 2.57B (-29.4%)
1.82B
est: 2.13B (-14.8%)
2.06B
est: 2.37B (-13.2%)
2.51B
est: 3.28B (-23.3%)
1.52B
est: 2.48B (-38.5%)
1.93B
est: 1.53B (+25.7%)
2.15B
est: 2.15B (-0.1%)
2.59B
est: 2.79B (-7.2%)
733.80M
est: 3.02B (-75.7%)
4.11B
est: 2.94B (+39.8%)
4.16B
est: 3.22B (+29.4%)
3.79B
3.72B – 3.90B
+17.7% YoY
4.44B
4.38B – 4.55B
+17.2% YoY
5.19B
5.06B – 5.32B
+17.0% YoY
5.78B
5.66B – 5.92B
+11.3% YoY
6.45B
6.32B – 6.61B
+11.6% YoY
Net Income
525.71M
est: 681.11M (-22.8%)
737.50M
est: 576.66M (+27.9%)
903.40M
est: 895.03M (+0.9%)
1.13B
est: 1.12B (+1.0%)
1.10B
est: 1.44B (-23.3%)
921.90M
est: 1.19B (-22.4%)
1.02B
est: 982.10M (+4.3%)
1.32B
est: 1.22B (+7.8%)
1.05B
est: 1.19B (-11.6%)
909.60M
est: 812.61M (+11.9%)
1.10B
est: 884.59M (+24.5%)
1.32B
est: 1.15B (+14.9%)
130.00M
est: 325.50M (-60.1%)
2.46B
est: 2.51B (-2.0%)
2.95B
est: 2.96B (-0.2%)
3.71B
3.48B – 4.07B
+25.2% YoY
4.36B
4.28B – 4.72B
+17.8% YoY
5.27B
4.97B – 5.89B
+20.9% YoY
5.33B
5.19B – 5.50B
+1.0% YoY
5.81B
5.66B – 6.00B
+9.1% YoY
SGA
672.59M
est: 343.97M (+95.5%)
est: 2.49B (-100.0%)
232.30M
est: 3.10B (-92.5%)
290.80M
est: 3.40B (-91.5%)
257.70M
est: 3.93B (-93.4%)
287.20M
est: 3.99B (-92.8%)
303.10M
est: 3.45B (-91.2%)
334.90M
est: 4.35B (-92.3%)
362.40M
est: 3.71B (-90.2%)
276.30M
est: 3.30B (-91.6%)
1.61B
est: 3.77B (-57.4%)
1.76B
est: 4.90B (-64.1%)
116.00M
est: 5.30B (-97.8%)
277.00M
est: 709.75M (-61.0%)
242.00M
est: 776.94M (-68.9%)
914.76M
899.58M – 942.61M
+17.7% YoY
1.07B
1.06B – 1.10B
+17.2% YoY
1.25B
1.22B – 1.29B
+17.0% YoY
1.40B
1.37B – 1.43B
+11.3% YoY
1.56B
1.53B – 1.60B
+11.6% YoY
EPS
10.62
est: 10.79 (-1.6%)
13.95
est: 12.81 (+8.9%)
17.04
est: 17.81 (-4.3%)
21.31
est: 20.17 (+5.7%)
20.39
est: 23.03 (-11.5%)
16.31
est: 22.89 (-28.8%)
18.82
est: 19.91 (-5.5%)
24.08
est: 30.38 (-20.7%)
19.21
est: 22.54 (-14.8%)
16.64
est: 17.78 (-6.4%)
18.83
est: 16.48 (+14.3%)
21.21
est: 22.74 (-6.7%)
2.07
est: 24.97 (-91.7%)
39.49
est: 40.29 (-2.0%)
47.48
est: 46.77 (+1.5%)
58.81
55.12 – 64.44
+25.8% YoY
71.80
67.80 – 74.75
+22.1% YoY
87.70
78.82 – 93.28
+22.1% YoY
84.40
82.19 – 87.09
-3.8% YoY
92.10
89.69 – 95.04
+9.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 A- 4/5 3/5 4/5 5/5 3/5 3/5 2/5
2026-05-21 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-18 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-05-15 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-15 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-370.76M
OE per share TTM
-5.72
Owner's Yield
-0.42%
Maintenance CapEx ratio
0.25%
Maint CapEx / Avg PPE
2.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.95M
Shares Outstanding
62.32M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rajiv Devaraj Mittal MD & Chairman 48M male
Subramanian Varadarajan Chief Growth Officer & Whole Time Director 25M male
Patrick Andrade Chief Operating Officer for India Cluster male
S. Natrajan Sales Head of India Cluster
Sandip S. Kamat Head of IEC
Shivnarayan Jagannat Saraf Head of Operations and Executive Director of Management Board male
Skandaprasad Seetharaman Chief Financial Officer male
Anup Kumar Samal Company Secretary & Compliance Officer male
Thillayambur Veeraraghavan Gopal Chief Manager of Public Relations male
Krishna Narayan Gokhale President of International Engineering Centre male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits