VA Tech Wabag Limited (NSE:WABAG)

VA Tech Wabag Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	42,627	39,442	32,940	28,564	29,605	29,793
Revenue Growth	20.56%	19.74%	15.32%	-3.52%	-0.63%	5.11%
Gross Profit Gross Profit Growth	7,325	6,735	4,896	4,942	4,358	4,554
Operating Income Operating Income Growth	4,762	4,711	4,217	4,032	3,090	2,269
Net Income Net Income Growth	4,146	3,705	2,953	2,456	130	1,319
Earnings Per Share EPS Growth	65.62	58.72	46.80	39.49	2.09	21.21
EPS Growth	29.22%	25.47%	18.51%	1789.15%	-90.14%	12.64%

Revenue by Geography

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
India India Growth	19,187	18,643	18,012	17,324	16,642	11,166
Rest of World Rest of World Growth	23,549	20,913	15,525	13,481	14,808	19,646
Unallocated Unallocated Growth	466	521	317	657	432	598.5
Inter-Segment Sales Inter-Segment Sales Growth	-575	-635	-914	-2,898	-2,277	-1,618
Total Total Growth	42,627	39,442	32,940	28,564	29,605	29,793

Cash & Debt

Chart

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	12,172	10,552	9,420	5,057	2,685	4,025
Total Debt Total Debt Growth	1,852	2,284	3,617	2,889	2,190	4,359
Net Cash (Debt) Net Cash Growth	10,320	8,268	5,803	2,168	495	-334.3
Net Cash Growth	85.05%	42.48%	167.67%	337.98%	-	-
Net Cash Per Share Net Cash Per Share Growth	163.34	131.04	91.97	34.86	7.96	-5.38

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	4,799	2,067	3,552	1,335	849	116.4
Capital Expenditures CapEx Growth	-65	-52	-45	-119	-52	-55.2
Free Cash Flow Free Cash Flow Growth	4,734	2,015	3,507	1,216	797	61.2
Free Cash Flow Growth	45.30%	-42.54%	188.41%	52.57%	1202.29%	-94.91%

Margins

Chart

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	17.18%	17.08%	14.86%	17.30%	14.72%	15.28%
Operating Margin	11.17%	11.94%	12.80%	14.12%	10.44%	7.61%
Pretax Margin	12.79%	12.39%	11.67%	11.56%	0.57%	5.65%
Profit Margin	9.73%	9.39%	8.96%	8.60%	0.44%	4.43%
FCF Margin	11.11%	5.11%	10.65%	4.26%	2.69%	0.21%

Dividends

Chart

Fiscal Year	Current	FY 2026	FY 2025
Period Ending	Nov 11, 2026	Mar 31, 2026	Mar 31, 2025
Dividend Per Share Dividend Per Share Growth	5.000	5.000	4.000
Dividend Per Share Growth	25.00%	25.00%	-
Dividend Yield	0.24%	0.43%	0.27%

Valuation

Chart

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Nov 11, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	31.83	19.47	30.64	19.33	168.35	13.22
Forward PE	23.92	16.83	25.43	14.91	11.32	9.62
P/FCF Ratio	26.54	35.79	25.80	39.05	27.46	284.94
PS Ratio	2.95	1.83	2.75	1.66	0.74	0.59

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error