What we do Va Tech Wabag Ltd is a global leader in water technology, providing design, construction, and operation of water, wastewater, and desalination plants for municipal and industrial clients worldwide. |
Founded in 1,995 |
Market share Leading market position in India, Middle East, Africa and Europe with over 25 countries presence and a strong order book of INR 163 billion. |
Problem solved Addresses global water scarcity and pollution through advanced water and wastewater treatment, desalination, and resource recovery technologies. |
Top clients or who we serve Serves municipal corporations, power, steel, oil & gas industries; primarily B2B with international clientele. |
Key management Rajiv Mittal, Chairman and Managing Director; S. Varadarajan, Whole Time Director & Chief Growth Officer. |
Our journey and innovations Founded in 1995, expanded globally via acquisitions and investments; pioneered energy-neutral plants and advanced resource recovery technologies. |
Where we operate India, Middle East, Africa, Europe, China, Southeast Asia with subsidiaries and joint ventures. |
Top products or what we offer EPC and O&M services for drinking water, wastewater, desalination, effluent treatment, sludge management and resource recovery plants. |
Top brands Wabag solutions include landmark projects like Chennai's 400 MLD desalination plant and the world's first direct potable reuse plant in Namibia. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Balanced revenue from recurring O&M contracts and cyclical EPC project execution. |
Our industry position Among top three global desalination plant suppliers, strong leadership in industrial and municipal water treatment sectors. |
Financial highlights FY 2023-24 revenue of INR 3294 Cr with PAT of INR 295 Cr; 18% revenue growth and strong EBITDA margins around 14%. |
Geographical revenue split FY 2023-24 revenue split roughly 55% India and 45% Rest of World. |
Order book Historic high order book at over INR 1,63,424 million providing robust future revenue visibility. |
Whats driving growth Government water initiatives, technology tie-ups, international expansion, sustainable tech adoption, and strategic partnerships. |
Our future plans Capex on mega desalination and wastewater projects; focus on circular economy, green hydrogen, and digitalization. |
Our green promise Committed to UN Sustainable Development Goals; extensive green energy use and circular economy solutions in operations. |
Our people and values Over 2,000 employees globally; culture of innovation, safety, diversity and employee ownership through stock options. |
Key challenges ahead Geopolitical risks, project execution challenges, regulatory changes, and managing international expansion. |
Interesting facts First Indian firm with direct potable reuse plant globally; managing plants serving over 96 million people worldwide. |
Risks and strategy Mitigates risks through diversified global presence, strong client base, technological IP and disciplined financial management. |
