VA Tech Wabag Limited — Q1FY27 earnings call summary

Filed 19 August 2026 · Official transcript

Q1 FY27 consolidated revenue 887cr +20.8% y-y; EBITDA 116cr +21.7% y-y; PAT 90cr +37% y-y
Medium-term EBITDA margin guidance 13-15%; forex gains integral to operations
International markets 52% revenue; MEA region key growth driver with new Kuwait and UAE projects
Focus on advanced technology projects, expanding industrial water segment and new energy sectors
Order intake 3400cr in Q1; order book 19400cr (~4x revenue), 66% EPC, 34% O&M
Strong bid pipeline $2-3bn MEA, $1-1.5bn India; selective order intake with focus on payment security and technology
Standalone revenue 739cr +15% y-y; EBITDA 105cr +21%; PAT 79cr +30%
Net cash positive 14th quarter; ROCE 19.6%, ROE 16%; working capital ~108 days