- VA Tech Wabag is celebrating its centenary year, marking 100 years of presence in the water technology industry.
- Consolidated revenue grew 13% year-over-year to INR 627 crores
- Consolidated EBITDA increased 23% to INR 81 crores with 13% margin
- PAT grew 31% to INR 55 crores
- Order book stands at INR 11,000 crores
- Net cash position remains positive
- Focus on emerging markets like India, Middle East, Africa, Southeast Asia
- Divestment of Romanian subsidiary completed as part of strategy to reduce European exposure
- Targeting new areas like semiconductor, compressed biogas, green hydrogen, and digitization/AI
- Aiming to increase international revenue share to at least 50% of total
- Shift towards technologically challenging projects like desalination and water reuse
- Growing opportunities in One City One Operator projects in India and internationally
- Increasing focus on O&M business for better margins and cash flow visibility
- Indian government’s emphasis on water supply and treatment projects for 100 large cities
- Growing demand for desalination and wastewater treatment projects globally
- Targeting 15-20% annual revenue growth
- EBITDA margin guidance of 13-15%
- Entering semiconductor ultra-pure water, compressed biogas, and green hydrogen segments
- Exploring partnerships to enhance capabilities in new areas
- Aiming to more than double revenues within this decade at attractive margins
- Targeting order book of INR 15,000-16,000 crores for next year
- Asset-light approach
- No long-term debt on books
- Large project pipeline of INR 6,000 crores where company is preferred bidder
- Political/economic risks in some international markets mitigated through payment securities
Subscribe To Our Free Newsletter |