VA Tech Wabag Limited (WABAG) Earnings Call Transcripts

VA Tech Wabag Limited's Latest Earnings Call - May 25, 2026

In the Q4 FY 2025-2026 earnings call, VA Tech Wabag Limited reported a robust revenue growth of 20% year-over-year, reaching INR 4,000 crores, alongside a 26% increase in profit after tax (PAT) to INR 371 crores. The company maintained its guidance for a 15-20% revenue growth for the upcoming years, supported by a record order backlog of INR 17,200 crores. Management highlighted their focus on sustainable water solutions and expanding their operational capabilities in emerging markets, particularly in the Middle East and Africa, which are expected to drive future growth.

Reported metrics

Guidance from management

Management maintained its revenue growth guidance of 15-20% for the upcoming years, supported by a strong order backlog and expanding opportunities in the water sector.

What management said

This is Asia's largest desalination plant, 400 million liters. After it is completed, almost 2/3 of Chennai's population will be served with seawater, desalination, it's almost 70% to 75% complete.

And last, I will take this pleasure to introduce our senior colleague, Mr. Bhupesh Chowdary, who joined us at the senior management level as Deputy Managing Director. He joined us very recently only a few weeks back. So we said it's good to come along and get introduced to all of you. So I'll request him to talk a few words about his early impressions, what he has spent time with us in the last few weeks.

What analysts pressed on

Analysts expressed concerns regarding the slowing profitability in the Indian segment, with quarterly profits declining from INR 127 crores to INR 60 crores. They also questioned the sustainability of growth rates given the current order book and market conditions.

Main topics on the call

• Record Order Backlog — The company reported a record order backlog of INR 17,200 crores, up from INR 13,600 crores last year, providing strong revenue visibility. Management stated, "We closed with an order book of INR 17,200 crores with a rob...
• Strong Revenue and Profit Growth — Wabag achieved a 20% revenue growth year-over-year, totaling INR 4,000 crores, and a 26% increase in PAT to INR 371 crores. CFO Skandaprasad noted, "We have grown our order backlog by 26%. That gives better visibility on...
• Focus on Sustainable Water Solutions — Management emphasized the increasing importance of water as a resource and their commitment to sustainable solutions, stating, "We want to be seen as helping the environment in general by giving clean and safe environmen...
• Expansion in Middle East and Africa — Wabag is strategically focusing on expanding its operations in the Middle East and Africa, which are projected to be growth engines for the company. Rajiv Mittal mentioned, "We are seeing a lot of traction also, which we...

Read the full VA Tech Wabag Limited transcript (May 25, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 26 VA Tech Wabag Limited earnings call transcripts on record, spanning February 10, 2020 to May 25, 2026. Based on this history, VA Tech Wabag Limited reports quarterly. The most recent call on file is dated May 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WABAG

Exchange

NSEI

Country

IN

Sector

Utilities

Industry

Water Utilities

Calls on record

26

First call

February 10, 2020

Most recent

May 25, 2026

Reporting cadence

quarterly