Water Management
30 recent notes from companies in this sector. 7 companies tracked.
Enviro Infra lands ₹126.78 cr Varanasi STP order under Namami Gange
The new project at DDU Nagar adds about 11% to revenue and comes with in-principle financing. A second, larger Lohta plant was already disclosed.
Enviro Infra bags ₹130 cr sewage plant order in Varanasi
The 60 MLD Namami Gange project adds a 15-year annuity stream and boosts the order book by ~11% of FY26 revenue. But the company recently cut margin guidance and flagged a 166-day cash cycle.
SPML Infra lands one-notch credit rating upgrade from ICRA
ICRA upgraded SPML's long-term instruments worth ₹1,595 crore to BBB with stable outlook from BBB-, citing improving creditworthiness on the back of strong order book and growth.
WABAG lands $30-75m Vienna drinking water plant
The Indian water-tech firm will design and equip a 1,000-L/s treatment facility for the City of Vienna, with completion by 2030. The order is its second in the $30-75m range this year, after Ajman.
SPML Infra gets CRISIL A3+ for ₹60 cr CP programme
First-time short-term rating gives micro-cap infra firm access to commercial paper market to fund ₹5,369 cr order book and working capital.
WABAG lands >$150M desalination plant in Kuwait, first Gulf entry
The order is over 32% of annual revenue and includes a 5-year O&M phase, giving multiyear visibility.
Concord Enviro arm bags ₹16 cr ZLD order from steel major
Subsidiary Rochem Separation Systems wins contract for wastewater treatment and zero liquid discharge systems at a cold rolling complex. Execution over 12 months adds to a ₹536 cr order book.
Wabag wins first UAE contract with $30-75m Ajman sewage deal
The Indian water-treatment firm lands a design-and-build order in Ajman, its first in the UAE. The contract spans 24 months and includes power generation systems.
EMS is lowest bidder for ₹102.85 cr Varanasi sewer contract
The UP Jal Nigam award is 14% of EMS's FY26 revenue, but the contract isn't signed yet.
Ion Exchange profit margins shrink as Roha plant costs bite
EBITDA margins fell to 2.31% despite a 3% revenue rise, as new manufacturing lines came online and West Asia operations remained under pressure.
Enviro Infra cuts margin guidance, warns of 166-day cash drag
The company’s strategic pivot to renewables has lifted the order book to ₹6,814 crore, but government payment delays are now stretching the working capital cycle to five-and-a-half months.
SPML Infra targets 25%+ growth in FY27; BESS plant starts June
Management reaffirms guidance as order book enters new year at ₹5,369 cr, with a ₹1,128 cr NTPC battery order.
EMS Ltd. details project delays and payment snags behind weak Q4 results
Management blamed government payment system changes and election-related work stoppages for a disappointing quarter, but stuck to a long-term growth target of 20% CAGR.
SPML Infra targets 25% growth for FY27, launches Pune battery unit this month
Q4 revenue jumped 53% to ₹293.9 cr. The company will start a 2.5 GW battery facility in Pune and has a ₹1,128 cr NTPC order for energy storage.
EMS revenue drops 25% in FY26. Chairman gives up ₹50L monthly salary.
Annual revenue fell to ₹732.7 crore from ₹972.5 crore, with Q4 revenue crashing 55%. The board still declared a final dividend.
EMS Ltd revenue drops 25% as chairman gives up ₹60 lakh in annual pay
Consolidated revenue for FY26 fell to ₹732.7 crore from ₹972.5 crore a year earlier. The board recommended a ₹1.50 dividend while approving a ₹35 cr guarantee for a subsidiary.
Ion Exchange profit drops 35% as margins buckle under costs
Standalone net profit fell to ₹138.38 crore for FY26, hit by a one-time labour-code charge and rising input costs across its core segments.
Denta Water and Infra results add nothing new
The company released its audited Q4 and FY26 financials today, but the figures were already disclosed in prior filings.
Denta Water reports FY26 revenue of ₹250.38 crore
The company met its previously reduced guidance, posting a 23% revenue increase and a 15% rise in profit for the year.
Denta Water's FY26 hits prior guidance. No surprises in routine results.
The water-infrastructure micro-cap delivered a clean quarter that met its earlier, trimmed outlook. Profit growth lagged revenue growth.
Denta Water's FY26 numbers confirm the guidance cut it already made
Audited revenue of ₹250.38 cr and profit of ₹60.9 cr are in line with the lower bar management set earlier. No surprise.
Wabag sees ₹17,200 cr backlog, plans to double maintenance revenue share
Record backlog and ₹950 cr cash cushion give the water-treatment firm runway for its push into semiconductors and green hydrogen.
Concord Enviro Systems confirms FY26 audit results
Board approves audited financial statements; no changes to previously reported figures.
Concord Enviro Systems sees consolidated profit fall to ₹22.80 cr
While standalone profit tripled to ₹9.59 cr, rising raw material and employee costs pulled consolidated earnings down 61%.
SPML Infra lands ₹165.4 cr order from Rajasthan power utility
The Kota substation contract is worth about 10% of SPML's market cap and adds to a large NTPC battery-storage win secured earlier this year.
VA Tech Wabag wins repeat Delhi Jal Board contract for 17-MGD wastewater plant
The design-build-operate order is worth ₹100–250 crore and locks in 15 years of operations work after a 21-month build.
VA Tech Wabag's ₹172 bn order book is the headline in a routine results deck
A supplementary presentation on already-disclosed FY26 results adds detail but no new material. The company's order backlog is at a record and it remains cash positive.
Wabag names Deputy MD, GCC strategy head in succession play
Bhupesh Chowdary Nagineni joins as Deputy MD; Rohan Mittal, son of CMD, takes GCC strategy role. Appointments part of bandwidth enhancement, no immediate financial impact.
Wabag FY26 PAT up 26%, order book at ₹172 bn
Annual results in line with guidance; dividend of ₹5 per share recommended. Routine filing, no surprises.
Wabag meets FY26 guidance: 20% revenue growth, ₹172 bn orders
Revenue of ₹3,944 cr and PAT of ₹370 cr were in line with prior company guidance; market reaction already priced in.