VA Tech Wabag Limited (NSE:WABAG)

VA Tech Wabag Cash Flow Statement

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

Operating Activities

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
Net Income	4,146	3,705	2,953	2,456	130	1,319
Depreciation & Amortization	60	58	54	78	84	93.2
Other Amortization	4	4	5	6	4	8.1
Loss (Gain) From Sale of Assets	-1	1	-2	-2	-52	-11.1
Loss (Gain) From Sale of Investments	-	-	-80	-152	-	-65.5
Loss (Gain) on Equity Investments	-50	-7	-22	95	-93	31.6
Stock-Based Compensation	78	101	166	-	-	-
Provision & Write-off of Bad Debts	1,378	884	-197	101	341	1,158
Other Operating Activities	-184	171	599	1,635	-56	400.4
Change in Accounts Receivable	-3,349	-5,809	-565	-3,418	-1,287	-2,773
Change in Inventory	53	-	1	-6	-18	-25.9
Change in Accounts Payable	529	1,778	1,126	-397	562	-625.3
Change in Other Net Operating Assets	2,135	1,181	-486	939	1,234	606.6
Operating Cash Flow	4,799	2,067	3,552	1,335	849	116.4
Operating Cash Flow Growth	44.68%	-41.81%	166.07%	57.24%	629.38%	-91.40%

Investing Activities

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
Capital Expenditures	-65	-52	-45	-119	-52	-55.2
Sale of Property, Plant & Equipment	2	3	5	9	35	28.8
Divestitures	-	-	108	438	-	-
Investment in Securities	-1,362	-521	-1,517	251	97	-459.2
Other Investing Activities	293	366	239	262	78	145.9
Investing Cash Flow	-1,132	-204	-1,210	841	158	-339.7

Financing Activities

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
Short-Term Debt Issued	-	-	808	-	-	1,210
Long-Term Debt Issued	-	-	-	1,503	-	335.1
Total Debt Issued	2	-	808	1,503	-	1,546
Short-Term Debt Repaid	-	-1,198	-	-816	-1,255	-
Long-Term Debt Repaid	-	-238	-134	-	-864	-734.3
Lease Payments	-10	-15	-40	-	-18	-15
Total Debt Repaid	-580	-1,436	-134	-816	-2,119	-734.3
Net Debt Issued (Repaid)	-578	-1,436	674	687	-2,119	811.2
Issuance of Common Stock	116	63	-	-	-	-
Common Dividends Paid	-312	-249	-	-	-	-
Other Financing Activities	-202	-227	-334	-251	-281	-364.8
Financing Cash Flow	-976	-1,849	340	436	-2,400	446.4

Net Cash Flow

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
Foreign Exchange Rate Adjustments	242	660	96	-19	249	-10.1
Miscellaneous Cash Flow Adjustments	-	-	-	-260	-	-40.7
Net Cash Flow	2,933	674	2,778	2,333	-1,144	172.3

Free Cash Flow

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
Free Cash Flow	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%
Free Cash Flow Margin	11.11%	5.11%	10.65%	4.26%	2.69%	0.21%
Free Cash Flow Per Share	74.93	31.93	55.58	19.55	12.81	0.98
Levered Free Cash Flow	2,925	1,681	3,198	-1,646	2,452	2,064
Unlevered Free Cash Flow	3,047	1,824	3,407	-1,487	2,631	2,291
Free Cash Flow After Leases	4,724	2,000	3,467	1,216	779	46.2

Additional Metrics

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
Cash Interest Paid	202	227	334	251	281	367.2
Cash Income Tax Paid	1,247	997	817	260	275	186.1
Change in Working Capital	-632	-2,850	76	-2,882	491	-2,817

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