International water expertise chief demonstrates sturdy fundamentals with sturdy Q2 FY25 outcomes, exhibiting vital order ebook development and impressive growth plans in sustainable water options by way of ESG initiatives and technological innovation.
Share Value Motion
The share worth of VA Tech Wabag Restricted went down by 1.01 p.c to Rs. 1,707 per share on Friday, a rise from its earlier shut of Rs. 1,724.45 per share. The market capitalisation now stands at roughly Rs. 10,603 crore as of November 08, 2024.
Order Ebook
Over a 14-year interval from FY2010-11 to FY2023-24. Beginning at Rs. 3,402 crores in FY11, the order ebook has grown persistently to succeed in Rs. 11,448 crores in FY24, representing greater than a threefold enhance.
The expansion trajectory reveals regular annual increments occurring within the final 14 years. Even throughout difficult financial durations, the corporate maintained an upward development in its order ebook. This sustained development has led administration to hunt greater borrowing limits to help future growth.
What Occurred
VA Tech Wabag has demonstrated sturdy efficiency pushed by a number of constructive components. The corporate’s order ebook has proven outstanding development, increasing greater than threefold from Rs. 3,402 crores in FY11 to Rs. 11,448 crores in FY24, reflecting sturdy enterprise momentum.
That is complemented by spectacular Q2 FY25 monetary outcomes, with consolidated income growing 5.2% YoY to Rs. 700 crore and internet revenue rising 16.67% to Rs. 70 crore. All these components led to a rise in share worth of 1.01 p.c on Friday.
Administration Steerage
The corporate’s administration has set clear ESG commitments, together with a 20% discount in emissions by 2025 and treating 60 million m3 water day by day.
The corporate is strategically increasing into new areas like biogas-to-CBG with 100 deliberate crops, PV photo voltaic desalination, and digitalisation by way of AI implementation. With a enterprise potential of 200 million USD from municipal and industrial clients, plus initiatives like Blue Seed for startups, the administration seems positioned for sustainable development whereas sustaining sturdy governance practices.
Q2 Monetary Highlights
In accordance with its current submitting, within the quarter ending September 2024, VA Tech Wabag Restricted’s consolidated income from operations has elevated by 5.2 p.c YOY, from Rs. 665 crore in Q2 FY24 to Rs. 700 crore in Q2 FY25, and has elevated by 11.82 p.c QoQ from Rs. 626 crore in Q1 FY25.
The corporate’s consolidated internet revenue has elevated by 16.67 p.c, from Rs. 60 crore in Q2 FY24 to Rs. 70 crore in Q2 FY25. As in comparison with the final quarter of 2025, the corporate’s internet revenue is up by 27.27 p.c QoQ from Rs. 55 crore.
The corporate’s EPS has elevated by 17.25 p.c from Rs. 9.68 in Q2 FY24 to Rs. 11.35 in Q2 FY25.
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Shareholding Sample
As of the November 2024 shareholding sample, VA Tech Wabag Restricted is primarily held by the general public at 62.59 p.c, overseas institutional buyers maintain 14.68 p.c, and the promoter with 19.12 p.c.
About firm
Based in 1995, Va Tech Wabag Ltd. has emerged as a number one participant in world water expertise. Headquartered in Chennai, Tamil Nadu, the general public restricted firm focuses on designing and establishing water remedy amenities. With a certified capital of INR 150 crore and a paid-up capital of INR 124 crore, Va Tech Wabag demonstrates sturdy monetary dedication to sustainable water options.
The corporate specialises in water remedy for a spread of sectors, from ingesting water to wastewater and industrial purposes. Its choices embrace desalination, sludge remedy, water reclamation, and the operation and upkeep of remedy crops.
Over its practically three-decade journey, Va Tech Wabag has efficiently accomplished greater than 6,500 tasks worldwide, delivering cleaner water to over 88 million individuals. Iconic tasks embrace the Sundarijal Water Remedy Plant in Nepal and the Higher Ruvu Plant in Tanzania.
Written By Fazal Ul Vahab C H
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