The company’s net profit for the second quarter rose by 17.2% YoY to ₹70.3 crore, up from ₹60 crore in Q2 FY2023. The revenue also grew by 5.3%, reaching ₹700 crore.
Share price movement:
With a market cap of ₹10,716 Crores, VA Tech Wabag Limited saw its share price increase by 0.59%, closing at ₹1,547.40, up from the previous close of ₹1,538.40. The current market price is ₹1,693.35, with the high for the day at ₹1,745.25.
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Q2 Results FY25:
For the quarter, VA Tech Wabag reported a 17.2% YoY increase in net profit, driven by a solid 8.4% rise in EBITDA, which reached ₹93.3 crore compared to ₹86 crore last year.
The EBITDA growth reflects strong operational efficiency, while the operating profit margin (OPM) improved marginally to 13.3%, up from 13% a year ago.
This demonstrates VA Tech Wabag’s ability to enhance profitability through strategic international and technology-driven projects.
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Shareholding pattern:
In September 2024, promoters held 19.1% of the shares, consistent with the previous periods (June 2024, March 2024, and earlier). Foreign Institutional Investors (FIIs) held 14.7%, up from 11.5% in June 2024 and 12.5% in March 2024.
Domestic Institutional Investors (DIIs) held 3.6%, a slight decrease from 5.0% in June 2024 and 5.6% in March 2024. Public shareholding stood at 62.6%, down from 64.4% in June 2024 and 62.8% in March 2024.
Stock performance:
The stock performance shows strong long-term growth with a 1-year return of 224.11%. Over the past 6 months, the stock has gained 98.64%, reflecting solid mid-term performance. However, a 3.01% decline in the past week indicates short-term volatility.
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About the company:
VA Tech Wabag is a leading player in the water treatment industry, known for its cutting-edge water technologies and successful execution of international projects.
The company specializes in offering sustainable solutions in water and wastewater treatment, contributing to infrastructure development across multiple sectors.
The company currently holds a robust order book of over ₹146 billion, its highest ever, which provides strong visibility for future revenue growth and cash flow.
With a focus on expanding its presence both domestically and internationally, VA Tech Wabag continues to enhance its operational capabilities, positioning itself as a global leader in the water treatment sector.
