Chennai, February 5, 2026: VA Tech Wabag Limited (NSE: WABAG, BSE: 533269) reported a strong financial performance for the nine months ended December 31, 2025, supported by steady project execution, healthy order inflows, and sustained cash generation.
The water technology company delivered double-digit growth across key profitability metrics, while maintaining a robust net cash position for the twelfth consecutive quarter.
Financial Performance Snapshot
For the nine-month period ended December 31, 2025, WABAG’s consolidated revenue from operations stood at Rs 25,298 million, registering an 18 percent year-on-year increase. Consolidated EBITDA rose 20 percent year-on-year to Rs 3,470 million, while consolidated profit after tax increased 24 percent year-on-year to Rs 2,422 million.Standalone performance remained resilient, with revenue from operations at Rs 21,175 million. Standalone EBITDA was reported at Rs 3,056 million, and standalone profit after tax stood at Rs 2,118 million for the period.
Consolidated and Standalone Performance (9M FY26)
| Particulars | Consolidated | Standalone |
|---|---|---|
| Revenue from Operations | Rs 25,298 million | Rs 21,175 million |
| EBITDA | Rs 3,470 million | Rs 3,056 million |
| Profit After Tax | Rs 2,422 million | Rs 2,118 million |
| YoY PAT Growth | 24 percent | Not stated |
Strong Cash Position Continues
WABAG maintained a solid liquidity profile during the period. The company reported a gross cash position of Rs 10,795 million and a net cash position of Rs 8,913 million, marking the twelfth straight quarter of being net cash positive. Excluding HAM projects, the net cash position stood at Rs 10,065 million, underlining the balance sheet strength and financial flexibility.Order Book and Revenue Visibility
Order inflows during the period exceeded Rs 47 billion, strengthening the company’s execution pipeline. The total order book stood at over Rs 163 billion, including framework contracts, providing strong revenue visibility over the medium term.The diversified order book and consistent intake position the company well to sustain growth momentum across domestic and international markets.
Management Commentary
Commenting on the performance, Rajiv Mittal, Chairman and Managing Director of VA Tech Wabag Limited, said the company remained on a profitable growth trajectory driven by disciplined operations and consistent execution. He highlighted that revenue growth of over 18 percent was achieved while maintaining guided margins, and the sustained net cash position enhances the company’s ability to pursue PPP opportunities, expand its geographic footprint, and enter new markets.He added that the strong order book and pipeline provide confidence in sustaining growth momentum in line with the company’s medium-term outlook.
About the Company
VA Tech Wabag Limited is a pure-play Indian multinational water technology company engaged in providing end-to-end solutions for municipal and industrial water and wastewater treatment. With operations spanning more than 25 countries, the company has designed and built over 1,500 water and wastewater treatment plants globally. WABAG is listed on both the National Stock Exchange of India and BSE and continues to focus on sustainable water management solutions across global markets.Source:
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