| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 887 | 734 | +20.8% |
| EBITDA | 79.5 | 95.6 | −16.8% |
| EBITDA margin | 9.0% | 13.0% | −4.1 pts |
| Profit before tax | 113 | 86.7 | +30.0% |
| Net profit | 90.1 | 65.8 | +36.9% |
| EPS | ₹14.35 | ₹10.58 | +35.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 11,643 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 785 | 785 | 718 | 440 | 181 | ||
| 5.2 | 5.2 | 5.1 | 5.3 | −0.3 | ||
| 228 | 228 | 357 | 281 | 213 | ||
| 11,091 | — | — | — | — | ||
| 4,097 | 3,944 | 3,294 | 2,856 | 2,960 | ||
| — | +19.7% | +15.3% | −3.5% | — | ||
| 448 | 477 | 422 | 376 | 318 | ||
| 10.9% | 12.1% | 12.8% | 13.2% | 10.7% | ||
| 441 | 471 | 416 | 367 | 309 | ||
| 394 | 370 | 295 | 251 | 10.9 | ||
| 9.6% | 9.4% | 9.0% | 8.8% | 0.4% | ||
| ₹63.06 | ₹69.97 | ₹47.12 | ₹39.30 | ₹2.06 | ||
| — | +48.5% | +19.9% | +1,811.3% | — | ||
| — | 207 | 355 | 134 | 132 | ||
| — | −5.2 | −4.5 | −11.9 | −5.2 | ||
| 202 | 202 | 351 | 122 | 127 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 11,642.5 | |
| - Cash, Equiv & ST Investments | 180.6 | 439.9 | 717.7 | 785.1 | 785.1 | |
| + Minority Interest | -0.3 | 5.3 | 5.1 | 5.2 | 5.2 | |
| + Total Debt | 213.2 | 280.6 | 357.3 | 228.4 | 228.4 | |
| Enterprise Value | — | — | — | — | 11,091.0 | |
| Revenue | 2,960.5 | 2,856.4 | 3,294.0 | 3,944.2 | 4,097.0 | |
| Growth %, YoY | — | -3.5 | +15.3 | +19.7 | — | |
| EBITDA | 317.8 | 375.7 | 422.3 | 477.4 | 447.7 | |
| Margin % | 10.74 | 13.15 | 12.82 | 12.10 | 10.93 | |
| EBIT | 309.0 | 367.3 | 416.4 | 471.2 | 441.3 | |
| Net Income | 10.9 | 251.0 | 294.8 | 369.8 | 394.2 | |
| Margin % | 0.37 | 8.79 | 8.95 | 9.38 | 9.62 | |
| EPS, Adj (current shares) | 2.06 | 39.30 | 47.12 | 69.97 | 63.06 | |
| Growth %, YoY | — | +1,811.3 | +19.9 | +48.5 | — | |
| Cash from Operations | 131.7 | 133.5 | 355.2 | 206.7 | — | |
| Capital Expenditures | -5.2 | -11.9 | -4.5 | -5.2 | — | |
| Free Cash Flow | 126.5 | 121.6 | 350.7 | 201.5 | 201.5 | |
Prices at the previous close · figures from the company's filings with NSE
Va Tech Wabag (NSE: WABAG) had a market capitalisation of ₹11,643 crore at the previous close (₹1,862.80 a share), a PE ratio of 27.5 on the last four quarters' profit and a price-to-book ratio of 4.53. In FY26 its consolidated net profit attributable to shareholders was ₹437 crore on revenue of ₹3,944 crore; in Q1 FY27 (April–June 2026) it was ₹89.4 crore, up 36.3% year on year. Its debt-to-equity ratio was 0.09 on 31 March 2026. Promoters held 19.03% of the shares on 30 September 2026.
Va Tech Wabag's PE ratio is 27.5 at the previous close (₹1,862.80 a share): a market capitalisation of ₹11,643 crore divided by consolidated net profit attributable to shareholders of ₹423 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹437 crore) it is 26.6.
Va Tech Wabag's price-to-book (PB) ratio is 4.53 at the previous close: a market capitalisation of ₹11,643 crore divided by shareholders' equity (book value) of ₹2,569 crore on 31 March 2026. That is a book value of ₹410.96 per share against a share price of ₹1,862.80.
Va Tech Wabag's book value per share was ₹410.96 on 31 March 2026: shareholders' equity of ₹2,569 crore divided by the 6.25 crore shares in issue, up 19.1% from ₹345.15 a year earlier. The share price at the previous close was ₹1,862.80.
Va Tech Wabag's market capitalisation was ₹11,643 crore at the previous close: 6.25 crore shares at ₹1,862.80 each.
Va Tech Wabag's basic earnings per share (EPS) were ₹70.24 in FY26, against ₹50.09 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹66.29.
In 2026, Va Tech Wabag has declared one dividend: ₹5 with record date 17 July 2026.
No. Va Tech Wabag had borrowings of ₹228 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.09. Its cash and current investments were ₹1,059 crore, so it held net cash of ₹831 crore.
Va Tech Wabag's debt-to-equity ratio was 0.09 on 31 March 2026: borrowings of ₹228 crore against total equity of ₹2,574 crore. A year earlier, on 31 March 2025, it was 0.17.
Va Tech Wabag's dividend yield is 0.27% at the previous close: dividends of ₹5 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,862.80. They were ₹5 on 17 July 2026.
Va Tech Wabag's net worth — shareholders' equity in its consolidated balance sheet — was ₹2,569 crore on 31 March 2026, up 20.0% from ₹2,140 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,643 crore at the previous close.
Promoters held 19.03% of Va Tech Wabag on 30 September 2026, down 0.05 percentage points from 19.08% the previous quarter and down 0.07 percentage points from 19.10% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Va Tech Wabag generated ₹207 crore of cash from operations and spent ₹5.2 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹202 crore. In FY25 it was ₹351 crore.
In FY26, Va Tech Wabag's return on equity (ROE) was 18.6% and its return on capital employed (ROCE) was 16.0%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 14.9% and ROCE 16.1%.
On 30 September 2026, Va Tech Wabag's shares were held by promoters 19.03%, foreign portfolio investors (FII/FPI) 18.75%, domestic institutions (DII) 5.87% (including mutual funds at 4.79%) and retail and other non-institutional investors 56.35%. Over the year, FII holding was up 0.35 percentage points from 18.40% and DII holding was up 1.40 percentage points from 4.47%.
In FY26, Va Tech Wabag earned net profit attributable to shareholders of ₹437 crore on revenue of ₹3,944 crore, against ₹143 crore on ₹2,915 crore for Ion Exchange. Va Tech Wabag's operating margin was 12.0% (Ion Exchange 5.1%) and its return on equity 18.6% (Ion Exchange 11.2%).
Va Tech Wabag's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit attributable to shareholders ₹89.4 crore, up 36.3% from ₹65.6 crore in Q1 FY26; revenue from operations ₹887 crore, up 20.8% year on year.
In FY26 (April 2025–March 2026), Va Tech Wabag's consolidated net profit attributable to shareholders was ₹437 crore, up 48.3% from ₹295 crore in FY25, on revenue from operations of ₹3,944 crore (up 19.7%). Over three years, from FY23, net profit was null.
Va Tech Wabag will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Ion Exchange, RattanIndia Power and PTC India: Va Tech Wabag's operating margin of 12.0% is the highest of the four (Ion Exchange 5.1%, RattanIndia Power 5.3%, PTC India 5.2%; peer average 5.2%); its return on equity of 18.6% is the highest of the four (Ion Exchange 11.2%, RattanIndia Power 1.1%, PTC India 10.3%; peer average 7.5%); its revenue growth over three years of 10.0% a year is the second highest of the four (Ion Exchange 13.6% a year, RattanIndia Power −2.5% a year, PTC India 1.6% a year; peer average 4.2% a year).
From Va Tech Wabag's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.