Va Tech Wabag Ltd
Va Tech Wabag Ltd is engaged in the business of water treatment field. Its principal activities include design, supply, installation, construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.[1]
- Market Cap ₹ 4,748 Cr.
- Current Price ₹ 763
- High / Low ₹ 814 / 346
- Stock P/E 15.2
- Book Value ₹ 203
- Dividend Yield 0.00 %
- ROCE 22.5 %
- ROE -60.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company's working capital requirements have reduced from 126 days to 94.8 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.61% over past five years.
- Promoter holding is low: 19.1%
- Company has a low return on equity of -16.8% over last 3 years.
- Company has high debtors of 218 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods-Non Electrical Equipment Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,003 | 1,057 | 1,152 | 1,233 | 1,513 | 1,798 | 1,856 | 1,748 | 1,746 | 1,843 | 2,143 | 2,325 | 2,486 | |
888 | 918 | 1,011 | 1,084 | 1,324 | 1,596 | 1,665 | 1,577 | 1,586 | 1,674 | 1,969 | 2,030 | 2,120 | |
Operating Profit | 116 | 139 | 141 | 150 | 189 | 202 | 192 | 171 | 161 | 169 | 174 | 295 | 366 |
OPM % | 12% | 13% | 12% | 12% | 12% | 11% | 10% | 10% | 9% | 9% | 8% | 13% | 15% |
13 | 13 | 12 | 9 | 15 | -43 | 23 | 2 | 20 | 10 | 28 | -229 | -213 | |
Interest | 13 | 12 | 12 | 15 | 19 | 23 | 31 | 48 | 77 | 75 | 75 | 60 | 58 |
Depreciation | 6 | 7 | 8 | 7 | 12 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 4 |
Profit before tax | 110 | 133 | 132 | 136 | 173 | 126 | 174 | 117 | 98 | 98 | 122 | 2 | 91 |
Tax % | 32% | 32% | 33% | 34% | 34% | 41% | 33% | 12% | 40% | 25% | 24% | 38% | |
75 | 90 | 89 | 90 | 114 | 75 | 117 | 102 | 59 | 73 | 92 | 1 | 68 | |
EPS in Rs | 14.17 | 16.97 | 16.65 | 16.65 | 20.87 | 13.74 | 21.43 | 18.72 | 10.74 | 11.74 | 14.82 | 0.20 | 10.93 |
Dividend Payout % | 21% | 21% | 24% | 24% | 19% | 29% | 19% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 10% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 120% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 18% |
3 Years: | 47% |
1 Year: | 127% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -8% |
3 Years: | -17% |
Last Year: | -60% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
Reserves | 461 | 531 | 598 | 675 | 765 | 813 | 906 | 906 | 966 | 1,156 | 1,248 | 1,249 |
103 | 55 | 89 | 63 | 239 | 120 | 276 | 435 | 441 | 315 | 399 | 203 | |
703 | 762 | 910 | 958 | 935 | 1,329 | 1,375 | 1,458 | 1,606 | 1,654 | 1,429 | 1,608 | |
Total Liabilities | 1,272 | 1,353 | 1,602 | 1,707 | 1,949 | 2,272 | 2,568 | 2,809 | 3,023 | 3,137 | 3,088 | 3,072 |
39 | 39 | 102 | 98 | 93 | 92 | 87 | 79 | 74 | 68 | 63 | 60 | |
CWIP | 18 | 32 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 15 | 15 | 38 | 60 | 58 | 44 | 25 | 25 | 25 | 34 | 56 | 95 |
1,201 | 1,266 | 1,462 | 1,547 | 1,796 | 2,136 | 2,455 | 2,705 | 2,924 | 3,035 | 2,969 | 2,918 | |
Total Assets | 1,272 | 1,353 | 1,602 | 1,707 | 1,949 | 2,272 | 2,568 | 2,809 | 3,023 | 3,137 | 3,088 | 3,072 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-9 | 112 | 16 | 31 | -212 | 163 | -185 | -94 | 132 | 105 | -38 | 218 | |
-32 | -23 | -34 | 13 | 26 | -19 | 24 | -10 | -34 | 21 | -38 | -50 | |
83 | -71 | 8 | -39 | 144 | -156 | 117 | 105 | -39 | -41 | 48 | -227 | |
Net Cash Flow | 42 | 18 | -9 | 4 | -41 | -12 | -44 | 1 | 59 | 85 | -28 | -59 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 288 | 270 | 293 | 291 | 250 | 276 | 219 | 257 | 260 | 254 | 203 | 218 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 288 | 270 | 293 | 291 | 250 | 276 | 219 | 257 | 260 | 254 | 203 | 218 |
Working Capital Days | 101 | 95 | 111 | 127 | 123 | 96 | 144 | 171 | 167 | 154 | 129 | 95 |
ROCE % | 25% | 25% | 23% | 21% | 22% | 22% | 19% | 13% | 13% | 12% | 13% | 22% |
Documents
Announcements
- Closure of Trading Window 9m
- Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Outcome Of Nomination And Remuneration Committee Meeting Of Board - Grant Of Stock Options Under "WABAG Centenary Stock Option Scheme 2023". 25 Mar
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
21 Mar - Press Release titled: "Rallying for Resilience: Transitioning India from Water Scarcity to Security - Harnessing Technology and Embracing Alternatives to Secure India''s Water Landscape".
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Mar
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 15 Mar
Annual reports
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Financial Year 2023
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Solution Offerings
The company offers solutions for sewage water treatment, drinking water treatment, industrial water treatment, industrial waste treatment, desalination, and recycling. It has a presence across the entire value chain of water solutions which includes R&D, marketing, design & technology, engineering, procurement, construction and commissioning & operations & maintenance (O&M). [1]