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 ₹ 5,746 Cr.
- Current Price ₹ 924
- High / Low ₹ 945 / 378
- Stock P/E 19.0
- Book Value ₹ 270
- Dividend Yield 0.00 %
- ROCE 19.5 %
- ROE 3.11 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.05% over past five years.
- Promoter holding is low: 19.1%
- Company has a low return on equity of 6.37% over last 3 years.
- Company has high debtors of 186 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,444 | 1,619 | 2,239 | 2,435 | 2,508 | 3,208 | 3,457 | 2,781 | 2,557 | 2,834 | 2,979 | 2,960 | 2,849 | |
1,313 | 1,465 | 2,050 | 2,225 | 2,293 | 2,969 | 3,165 | 2,587 | 2,340 | 2,616 | 2,745 | 2,643 | 2,500 | |
Operating Profit | 130 | 154 | 189 | 210 | 216 | 239 | 292 | 194 | 217 | 219 | 234 | 318 | 349 |
OPM % | 9% | 10% | 8% | 9% | 9% | 7% | 8% | 7% | 8% | 8% | 8% | 11% | 12% |
15 | 13 | 17 | 7 | 8 | 11 | 8 | 8 | 40 | 14 | 32 | -226 | -187 | |
Interest | 25 | 21 | 25 | 39 | 46 | 53 | 58 | 75 | 109 | 90 | 88 | 66 | 65 |
Depreciation | 9 | 11 | 15 | 11 | 20 | 19 | 18 | 17 | 15 | 12 | 10 | 9 | 8 |
Profit before tax | 111 | 135 | 166 | 167 | 157 | 179 | 224 | 110 | 132 | 130 | 168 | 17 | 88 |
Tax % | 34% | 34% | 32% | 34% | 43% | 37% | 34% | 19% | 37% | 23% | 22% | 35% | |
74 | 90 | 114 | 112 | 90 | 112 | 147 | 89 | 84 | 101 | 132 | 11 | 60 | |
EPS in Rs | 13.92 | 17.01 | 21.31 | 20.28 | 16.28 | 18.76 | 24.06 | 19.20 | 16.63 | 17.71 | 21.21 | 2.07 | 9.97 |
Dividend Payout % | 22% | 21% | 19% | 20% | 25% | 21% | 17% | 21% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | -3% |
3 Years: | 5% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | -18% |
3 Years: | -17% |
TTM: | 66% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 26% |
3 Years: | 58% |
1 Year: | 145% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 |
Reserves | 637 | 710 | 836 | 892 | 909 | 982 | 1,118 | 1,058 | 1,164 | 1,397 | 1,527 | 1,562 | 1,666 |
125 | 82 | 158 | 181 | 388 | 314 | 482 | 613 | 520 | 358 | 436 | 219 | 283 | |
1,007 | 1,093 | 1,433 | 1,481 | 1,610 | 2,041 | 2,107 | 2,083 | 2,328 | 2,389 | 2,024 | 2,294 | 2,167 | |
Total Liabilities | 1,774 | 1,890 | 2,432 | 2,565 | 2,918 | 3,348 | 3,717 | 3,766 | 4,022 | 4,157 | 3,999 | 4,088 | 4,128 |
51 | 51 | 119 | 191 | 175 | 174 | 172 | 149 | 86 | 86 | 80 | 75 | 68 | |
CWIP | 18 | 48 | 69 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4 | 3 | 23 | 38 | 32 | 22 | 5 | 8 | 20 | 24 | 38 | 46 | 35 |
1,702 | 1,788 | 2,221 | 2,335 | 2,708 | 3,151 | 3,540 | 3,609 | 3,915 | 4,046 | 3,882 | 3,967 | 4,025 | |
Total Assets | 1,774 | 1,890 | 2,432 | 2,565 | 2,918 | 3,348 | 3,717 | 3,766 | 4,022 | 4,157 | 3,999 | 4,088 | 4,128 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-79 | 82 | 112 | 6 | -217 | 6 | -216 | -76 | 245 | 135 | 12 | 85 | |
71 | -38 | -74 | -99 | 122 | 52 | 3 | 9 | 5 | 1 | -39 | 41 | |
60 | -65 | 48 | 2 | 182 | -100 | 106 | 49 | -135 | -86 | 45 | -240 | |
Net Cash Flow | 52 | -21 | 86 | -91 | 86 | -42 | -106 | -18 | 114 | 51 | 17 | -114 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 276 | 250 | 226 | 222 | 241 | 242 | 138 | 177 | 227 | 174 | 162 | 186 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 276 | 250 | 226 | 222 | 241 | 242 | 138 | 177 | 227 | 174 | 162 | 186 |
Working Capital Days | 86 | 84 | 64 | 76 | 77 | 68 | 102 | 128 | 125 | 102 | 86 | 81 |
ROCE % | 20% | 20% | 21% | 20% | 17% | 18% | 19% | 11% | 14% | 13% | 13% | 20% |
Documents
Announcements
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Compliance Certificate For The Financial Year Ended March 31, 2024
2d - In compliance with the provisions of Regulation 40(9) of SEBI (LODR) Regulations, 2015, please find enclosed herewith the Compliance Certificate issued by the Mr. M …
- Compliance Certificate Under Regulation 7 (3) Of The SEBI (LODR) Regulation, 2015 10 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate As per Regulations 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Apr - Of Schedule of Analysts/Institutional Investors Meeting on Friday, April 12, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1 Apr - Of Schedule of Analysts/Institutional Investors Meetings under the SEBI (LODR), Regulations 2015
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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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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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT REC
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Nov 2016TranscriptNotesPPT
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]