Water management stock in focus after securing an order from the Saudi Water Authority

Synopsis: The share of this company surged around 2 percent today after it reported order receipt with an order value of up to Rs 600 crore for an EPC water management project from Saudi Arabia.

The share of the company that offers solutions for drinking water treatment, industrial water & wastewater treatment, desalination of sea & brackish water, sludge treatment, recycling, etc. in focus after it reported significant repeated work order from saudi arabia.

With a market capitalization of Rs 7,948 crore, Va Tech Wabag Ltd’s shares on Monday made a day high of Rs 1309.85, up by 1.73 percent from its previous day’s closing price of Rs 1287.45  per share. The share has given a return of 503 percent over the previous five years.

VA Tech Wabag Ltd has bagged a repeat large letter of award in the range of Rs 250 crore to 600 crore from the Saudi Water Authority, towards Engineering, Procurement and Construction of the Advanced Technology Brackish Water Reverse Osmosis (‘BWRO’) Plant with a capacity of 50 Million Litre per Day, at Aljouf in the Kingdom of Saudi Arabia. 

WABAG will design, supply, construct, and commission a 50 MLD BWRO plant over 14 months, using advanced technology to treat borewell water containing rare elements. The process includes ceramic membrane pre-treatment, micron filtration, and reverse osmosis, ensuring a reliable, sustainable water supply. The date of commencement is yet to be announced.

The management added that the repeat order shows the continued confidence of SWA in the company and reinforces WABAG’s leadership in advanced technology solutions such as BWRO, SWRO, and recycle-and-reuse systems. 

Va Tech Wabag Ltd is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, construction and operational management of drinking water, wastewater treatment, industrial water treatment and desalination plants. The company commands robust order book that stands at Rs 160 billion as of H1 FY26.

Financial highlights, revenue from operations grew by 19 percent to Rs 834 crore, corresponding to the same quarter in the last financial year. EBDIT declined by 5 percent to Rs 89.3 crore in Q2 FY26 from Rs 93.6 crore in Q2 FY25. Accompanied by Net profit growth of 20 percent YoY to Rs 84.8 crore and EPS growth of 20 percent YoY to Rs 13.62 per share. 

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