This analysis examines VA Tech Wabag Limited (WABAG) through the lens of its financial statements, valuation metrics, and institutional ownership patterns.
VA Tech Wabag Revenue Trend
VA Tech Wabag Limited managed to grow its top line 15.1% in FY2025, with revenue hitting ₹3,339 Cr.
Looking at the 10-year picture, VA Tech Wabag Limited's revenue CAGR of 3.2% is modest at best — from ₹2,435 Cr to ₹3,339 Cr.
At ₹3,339 Cr in annual revenue, VA Tech Wabag Limited is one of the mid-sized players in the infrastructure space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,339 Cr | +15.1% |
| FY2024 | ₹2,900 Cr | -3.8% |
| FY2023 | ₹3,014 Cr | +0.1% |
| FY2022 | ₹3,012 Cr | +5.9% |
| FY2021 | ₹2,843 Cr | — |
View VA Tech Wabag Limited's full 10-year revenue trend with CAGR analysis →
VA Tech Wabag Profitability
Net profit for VA Tech Wabag Limited climbed 17.5% to ₹295 Cr in FY2025.
On the margin front, things were flat — net profit margin stayed around 8.8% in FY2025.
Per-share earnings moved to ₹49.37 in FY2025 from ₹39.49 in FY2024.
Is VA Tech Wabag Undervalued
Based on the P/E Ratio model, VA Tech Wabag Limited's fair value works out to ₹1,365 — 12.4% downside from where it trades today.
VA Tech Wabag Limited shares are currently trading at ₹1,557.90.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,365 | 12.4% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for VA Tech Wabag Limited with detailed assumptions →
VA Tech Wabag Shareholding Pattern
A stable promoter holding of 19.1% over 4 quarters suggests the management group is comfortable with its position.
Foreign investors held 16.6% of the company as of March 2026, down year-over-year from 18.7%.
As of March 2026, DIIs own 5.8% of the company — up from 3.7% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 19.1% | 16.6% | 5.8% | 58.5% |
| Dec 2025 | 19.1% | 19.0% | 4.3% | 57.6% |
| Sep 2025 | 19.1% | 18.4% | 4.5% | 58.0% |
| Jun 2025 | 19.1% | 18.7% | 3.7% | 58.5% |
Track quarterly shareholding changes for VA Tech Wabag Limited →
VA Tech Wabag Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹52.67B, up 15.1% YoY from ₹45.75B.
Other Assets accounts for 40.6% of the total, ahead of Receivables (38.2%) and Cash & ST Investments (17.9%).
Capital structure: 40.7% equity, 6.8% debt, 52.5% operating liabilities. Over the year, debt is up 27.3% and equity is up 17.6%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 9.45B |
| Receivables | 20.13B |
| Inventories | 358.00M |
| Property, Plant & Equipment | 636.00M |
| Investments | 694.00M |
| Intangibles & Goodwill | 31.00M |
| Other Assets | 21.38B |
| Category | Value |
|---|---|
| Equity | 21.45B |
| Short-term Debt | 1.82B |
| Long-term Debt | 1.76B |
| Trade Payables | 10.80B |
| Other Liabilities | 16.85B |
What Stands Out About VA Tech Wabag
Bringing the key threads together for VA Tech Wabag Limited (WABAG) as a infrastructure investment opportunity.
Revenue of ₹3,339 Cr in FY2025, up 15.1% year-over-year.
Long-term revenue has been compounding at 3.2% annually over 10 years.
The company is profitable, with a net margin of 8.8% and net income of ₹295 Cr.
The P/E Ratio model implies 12.4% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of VA Tech Wabag Limited goes deeper: three valuation models, growth metrics, and 10 years of financial data.