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.
— 2 earlier stories on VA Tech Wabag Ltd. →What's new
- Consolidated total income rose 21% YoY to ₹40,385 million
- Order book stands at ₹172 billion, providing revenue visibility
- Net cash positive for sixth consecutive year; credit rating reaffirmed
Why it matters
The numbers were in line with prior guidance, so this is a routine confirmation rather than a market-moving event. The order book and cash position are healthy, but the filing adds no new surprises.
What we're watching
- Execution on the ₹172 bn order book over FY27
- Any updates on new order wins or geographies
The full read
Wabag's FY26 annual results are a routine confirmation of guided numbers. PAT grew 26% to ₹3,705 million on a 21% revenue rise, the order book remains robust at ₹172 billion, and the company extended its net cash positive streak to six years. The board recommended a ₹5 dividend. The market had already priced in these numbers; no new strategic or operational surprises emerged. The real test will be how the order backlog converts to revenue in FY27.