logo
#

Latest news with #VATechWabag

VA Tech Wabag rises as Q4 PAT jumps 37% YoY to Rs 99 cr
VA Tech Wabag rises as Q4 PAT jumps 37% YoY to Rs 99 cr

Business Standard

time22-05-2025

  • Business
  • Business Standard

VA Tech Wabag rises as Q4 PAT jumps 37% YoY to Rs 99 cr

VA Tech Wabag jumped 7.69% to Rs 1,518 after the company's net profit surged 37.43% to Rs 99.5 crore on a 23.76% rise in revenue from operations to Rs 1,156.2 crore in Q4 FY25 over Q4 FY24. Profit before tax came in at Rs 131.1 crore, registering a 31.23% rise over Rs 99.9 crore a year ago. EBITDA rose 21.9% to Rs 140.8 crore, while the EBITDA margin declined to 12.2%, compared to 12.4% in the previous year. Total expenses climbed 23.17% YoY to Rs 1,038.3 crore, primarily due to a 31.04% rise in the cost of sales and services to Rs 941.9 crore. Employee benefit expenses also increased 27.88% to Rs 76.6 crore during the quarter. For the full financial year, net profit grew 20.24% to Rs 295.3 crore, while revenue from operations rose 15.32% to Rs 3,294 crore in FY25 over FY24. The company ended FY25 with a gross cash position of Rs 946.2 crore and net cash of Rs 589 crore, marking its fifth consecutive year of being net cash positive. Excluding hybrid annuity model (HAM) projects, net cash stood at Rs 706 crore. Order inflows during FY25 totaled Rs 5,700 crore, with a robust order book of Rs 13,700 crore, including framework contracts ensuring strong revenue visibility for the coming quarters. Commenting on the results, Rajiv Mittal, Chairman & Managing Director of VA TECH WABAG, said: We are especially proud to have been recognized by Global Water Intelligence as one of the top three global desalination players a testament to our leadership and the trust placed in us by our clients and partners. Our financial resilience was further reinforced by the upgrade of our long-term credit rating to AA- with a stable outlook, affirming the strength of our balance sheet and prudent financial management. Meanwhile, the companys board recommended a final dividend of Rs 4 per equity share for FY25, commemorating its centenary year. Va Tech Wabag is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction, and operational management of drinking water, wastewater treatment, industrial water treatment, and desalination plants.

VA Tech Wabag share rallies 10% on healthy Q4 nos; check key details here
VA Tech Wabag share rallies 10% on healthy Q4 nos; check key details here

Business Standard

time22-05-2025

  • Business
  • Business Standard

VA Tech Wabag share rallies 10% on healthy Q4 nos; check key details here

VA Tech share price: VA Tech Wabag (VA Tech) shares were in demand on Thursday, May 22, 2025, with the stock rallying up to 9.93 per cent to hit an intraday high of ₹1,549.65 per share. What is the reason behind this rally? VA Tech share price surged after the company reported strong results in the March quarter of financial year 2025 (Q4FY25). The company's consolidated revenue from operations surged 15 per cent Y-o-Y to ₹3,294 crore, while its profit after tax (PAT) rose 20 per cent annually to ₹295.3 crore. The consolidated Ebitda stood at ₹430.2 crore. In standalone terms, revenue from operations rose 15 per cent Y-o-Y to ₹2,873.8 crore, while PAT zoomed 15 per cent Y-o-Y to ₹2,71.3 crore. The standalone Ebitda was ₹402.9 crore. The company's order book position is at ₹13,700 crore including framework contracts, which is providing robust revenue visibility. Also Read "We are pleased to close another year of strong and profitable growth, driven by our long-term strategy, Wriddhi This success reflects our disciplined execution, customer-centric approach, and commitment to delivering sustainable water solutions across global markets. We are especially proud to have been recognised by Global Water Intelligence as one of the top three global desalination players—a testament to our leadership and the trust placed in us by our clients and partners. Our financial resilience was further reinforced by the upgrade of our long-term credit rating to AA- with a stable outlook, affirming the strength of our balance sheet and prudent financial management,' said Rajiv Mittal, chairman & managing director, VA Tech Wabag. 'With a robust order book of ₹137 crore and a balanced EPC and O&M portfolio, we have strong revenue visibility and stable cash flows. FY25 also marks our fifth consecutive year of ending net cash positive, highlighting our operational strength and financial discipline. In recognition of this performance, and to commemorate WABAG's centenary, the Board has recommended a dividend of ₹4 per share, subject to shareholder approval As we look ahead, we remain focused on creating long-term value through innovation, sustainable infrastructure, and strategic partnerships that contribute to a water-secure future," Mittal added. VA Tech dividend VA Tech Board of Directors have recommended a final dividend of ₹4 per equity share of face value ₹2 each (200 per cent) for FY25 'The said dividend recommended to the Members of the Company, shall be subject to the approval of the Members at the ensuing 30th Annual General Meeting (AGM) of the Company,' VA Tech said. ALSO READ | Smallcap stock hits record high in weak market; rallies 69% thus far in May About VA Tech VA Tech is a leading Indian multinational specialising in total water management solutions. The company offers end-to-end services including design, supply, installation, construction, and operation of water and wastewater treatment plants. Wabag's expertise spans across drinking water, municipal and industrial wastewater, industrial process water, and desalination systems. In addition to technical solutions, WABAG also delivers projects under BOOT (Build-Own-Operate-Transfer) and EPC (Engineering, Procurement, and Construction) models, making it a full-spectrum player in the water infrastructure space. With a strong focus on sustainability and innovation, WABAG has established a major global footprint, operating in key regions such as India, South East Asia, the Middle East, Africa, Europe, and Latin America.

VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement
VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement

Business Upturn

time22-05-2025

  • Business
  • Business Upturn

VA Tech Wabag shares jump over 7% after strong Q4 earnings and dividend announcement

By Aditya Bhagchandani Published on May 22, 2025, 09:28 IST Shares of VA Tech Wabag Ltd surged 7.32% to ₹1,512.30 in Wednesday's trade after the company reported a robust performance for the March quarter (Q4 FY25). The stock had previously closed at ₹1,409.20. The company posted a net profit of ₹99.5 crore, up 37.4% year-on-year from ₹72.4 crore in Q4 FY24. Revenue grew 23.8% to ₹1,156.2 crore during the quarter. EBITDA stood at ₹140.8 crore, rising 21.9% YoY, with margins holding steady at 12.2%. The company also announced a final dividend of ₹4 per share for FY25, commemorating its centenary year. VA Tech Wabag maintained a net cash position of ₹589 crore, marking its fifth straight year of being net cash positive. The company's total order book stands at ₹13,700 crore, including framework contracts, backed by ₹5,700 crore worth of inflows during FY25. Chairman and Managing Director Rajiv Mittal expressed confidence in the company's trajectory, highlighting its AA- credit rating upgrade and a new strategic partnership with a Norfund-led consortium to scale up municipal infrastructure investments. 'We are especially proud to be recognised among the top three global desalination players,' Mittal stated. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store