VA Tech Wabag Ltd.
Snapshot View

350.85 +4.70 ▲1.4%

26 July 2021, 10:28:00 A.M.
Volume: 6,043

Overview View Details

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Website http://www.wabagindia.com
Financial Indicators
Market Cap 2,152.72 Cr.
Earnings per share (EPS) 17.71 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 19.55 Trailing Twelve Months Ending 2021-03
Industry PE 100.55 Trailing Twelve Months Ending 2021-03
Book Value / Share 226.69 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.53 Calculated using Price: 346.15
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 6.22 Cr. 62,190,428 Shares
FaceValue 2
Company Profile

VA Tech Wabag was incorporated as a public limited company called Balcke Durr Cooling Towers on February 17, 1995 at Chennai . The Company received a certificate of commencement of business on March 8, 1995. The name of the Company was changed to Balcke Durr and Wabag Technologies Limited on September 12, 1996 by a special resolution of the members dated July 29, 1996. The name of the Company was further changed to VA Tech Wabag Limited on April 4, 2000 by a special resolution of the members dated March 10, 2000. The company is a multinational player in the water treatment industry with market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia through principal offices in India, Austria, the Czech Republic, China, Switzerland, Algeria, Romania, Tunisia, UAE, Libya and Macao.

The company is headquartered in Chennai and conducts global operations through Subsidiaries and branch and representative offices. They share strategic and technical expertise across the Subsidiaries that believe, allow research, operational and marketing synergies. VA Tech offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As on December 31, 2009, the Company has executed 103 projects and is currently executing 72 projects.

Its subsidiaries:-The company has 13 subsidiaries out of which 11 are indirect ones and 2 are direct one:-

Direct Subsidiaries:-

  • VA Tech Wabag (Gulf) Contracting LLC, Dubai
  • VA Tech Wabag (Singapore) PTE

Indirect Subsidiaries:-

  • Beijing VA Tech Wabag Water Treatment Technology Co.
  • Engenharia Hidraulica de Macau, Limitada, Macao;
  • VA Tech Wabag Algeria s.a.r.l., Algeria;
  • VA Tech Wabag Brno Spol S.R.O, Czech Republic;
  •  VA Tech Wabag Deutschland GmbH, Germany;
  •  VA Tech Wabag GmbH, Austria;
  •  VA Tech Wabag (Hong Kong) ;
  •  VA Tech Wabag Tunisia s.a.r.l., Tunisia;
  • Wabag Wassertechnik AG, Switzerland;
  •  Wabag Water Services (Macao) Limited, Macao; 
  •  Wabag Water Services s.r.l, Romania.

Milestones:

-April 1997- First EPC order intake of the Company from Reliance Petroleum.

March 2000- Entry into municipal segment by the Company: Receipt of first municipal order from Chennai Metropolitan Water Supply and Sewerage Board.

September 2000 -Receipt of ISO 9001:2000 certifications from Lloyd’s Register Quality Assurance.

July 2002 -Starting of O&M activity and receipt of first O&M order by the Company from Chennai Metropolitan.

September 2002 -Receipt of an order worth approximately Rs. 7,000 lakh from Bangalore Water Supply and Sewerage Board.

March 2003 -Crossing of Rs. 10,000 lakh turnover by the Company.

September 2004- Receipt of best construction award from Indian Concrete Institute – Karnataka for construction of sewage treatment plant at Mailasandra for Bangalore Water Supply and Sewerage Board

September 2005 I-Ven Water Treatment Technologies acquired a majority stake in the Company.

April 2006- Scheme of Merger of I-Ven Water Treatment Technologies Limited with the Company.

August 2006 -Adoption of the ESOP Scheme 2006 by the Company.

August 2006 -Acquisition of majority shareholding in the Company by Rajiv Mittal, Amit Sengupta, Shiv Narayan Saraf and S. Varadarajan together with ICICI Venture Funds Management Company.

September 2006- Receipt of an order worth approximately Rs. 18,638 lakhs from Kerala Water Authority.

March 2007 -Crossing of Rs. 20,000 lakh turnover.

March 2007 - Allotment of 3,97,078 equity shares of Rs. 10 each to GLG Emerging Markets Fund, Cayman Islands.

April 2007- Creation of four SBUs – municipal, industrial, international and operations business group

July 2007 -Company’s Order Book crosses Rs. 50,000 lakhs

August 2007- Incorporation of Wabag Singapore.

September 2007 -Receipt of first overseas O&M order by the Company from Qatar.

November 2007- Acquisition of Wabag Austria and subsidiaries by the Company.

December 2007 -Incorporation of VA Tech Wabag (Gulf) General Trading LLC, Dubai.

January 2008 -Allotment of 48,198 Equity Shares of Rs. 10 each to Government of Singapore Investment Corporation Pte Ltd, Singapore, 72,296 Equity Shares of Rs. 10 each to Passport India Investments (Mauritius) and 24,099 Equity Shares of Rs. 10 each to Sattva India Opportunities Company.,Mauritius.

February 2008- Incorporation of Wabag Water Services s.r.l, Romania.

March 2008- Crossing of Rs. 30,000 lakh turnover by the Company.

March 2008- Company’s Order Book crosses 1,00,000 lakh.

March 2008 -Receipt of first overseas EPC order by the Comany from Oman.

May 2008- Starting of International Engineering Centre in Pune.

May 2008- Opening of a branch office in Oman.

June 2008- Receipt of approximately Rs. 19,071 lakhs order from Delhi Jal Board.

December 2008- Amendment of Memorandum of Association of VA Tech (Gulf) General Trading LLC and change of name to VA Tech Wabag (Gulf) Contracting LLC, Dubai.

March 2009 -Crossing of Rs. 50,000 lakh turnover

May 2009 -Receipt of ISO-9001:2008 certification from Bureau Veritas.

May 2009- Incorporation of VA Tech Wabag (Hong Kong) .

December 2009 -Receipt of Rs. 1, 03,368 lakh order.

2014
•  Va Tech Wabag Ltd. - achieves breakthrough in Tanzania - Bags EXIM Bank of India funded order worth US $ 40 million.
• Chennai-based VA Tech Wabag, a multinational player in the water treatment, announced that the company has bagged a repeat order from Bangalore water supply and sewerage board (BWSSB) for a value of around Rs 250 crores.
• VA Tech Wabag Ltd has received an order worth Rs 100 crore from Maynilad Water Services, Philippines for construction of 20 MLD Sewage Treatment Plant (STP) at Tunasan.
• WABAG bags INR 100 crore World Bank funded Sewage Treatment order in Philippines.
• VA Tech Wabag Ltd won worth Rs 175 crore Sewage Treatment Plant (STP) order in Velenzuela, Philippines. -The Registered office of the company has been shifted from 'Wabag House', No.17, 200 Feet Radial Road, S.Kolathur, (Near Kamakshi Hospital), Chennai - 600117, To 'Wabag House', No.17, 200 Feet Thoraipakkam - Pallavaram Main Road, Sunnambu Kolathur, Chennai - 600117, Telephone Number : +91- 44-39232323, Fax Number : +91-44-39232324.
2015
• Membrane biology from WABAG Switzerland for the Lauterbrunnen wastewater treatment plant
• WABAG-MUHIBBAH JV signs contract for PETRONAS’ RAPID project - worth around EUR 200 million -In safe hands: used water management for the city of Istanbul – the first twelve months -Major order for WABAG in Nigeria worth over EUR 30 million
• New order for WABAG from Egypt: A wastewater treatment plant for the city of Port Said with a value of over EUR 9 million
• WABAG JV wins EUR 85 million project in Bahrain -First drinking water from the Al Ghubrah seawater desalination plant in Oman
• WABAG becomes part of the E_OS project. Order with a value of over EUR 13 million received for key -components for the new sludge plant at the main Vienna wastewater treatment facility.
• WABAG receives Global Water Distinction Award 
2016
• VA Tech Wabag surges over 4 pct on bagging new order
• VA Tech Wabag consortium wins Rs 594 cr order from CMWSSB -The Company has secures ADB funded project in Nepal worth INR 141
• The Company won Final arbitration award relating to Company's Associate Company International Water Treatment LLC. OMA

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.36%
1 Week
-1.75%
1 Month
+0.86%
3 Month
+41.47%
6 Month
+83.45%
1 Year
+154.42%
2 Year
+13.56%
5 Year
-39.44%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.06 13.20 14.61 12.69 11.84 17.73 13.63 7.82 7.06
Return on Capital Employed (%) 19.78 19.99 21.30 19.81 18.43 22.08 19.17 11.04 14.03
Return on Assets (%) 4.38 4.59 4.67 4.11 3.96 5.45 4.12 2.33 2.06

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 642 715 841 903 920 993 1,129 1,069 1,174
Non Curr. Liab. 68 103 421 289 198 245 235 174 242
Curr. Liab. 1,163 1,212 1,569 1,349 1,771 2,071 2,295 2,420 2,585
Minority Int. 1 2 3 5 8 17 34 17 -2
Equity & Liab. 1,874 2,033 2,834 2,545 2,897 3,326 3,692 3,679 3,999
Non Curr. Assets 156 239 594 446 552 626 673 589 668
Curr. Assets 1,717 1,794 2,240 2,099 2,345 2,700 3,020 3,090 3,331
Misc. Exp. not W/O
Total Assets 1,874 2,033 2,834 2,545 2,897 3,326 3,692 3,679 3,999

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,444 1,619 2,239 2,435 2,508 3,208 3,457 2,781 2,557
Other Income 15 13 13 8 44 12 6 17 35
Total Income 1,459 1,632 2,251 2,443 2,552 3,219 3,463 2,798 2,592
Total Expenditure -1,313 -1,465 -2,050 -2,226 -2,311 -2,912 -3,166 -2,600 -2,340
PBIDT 145 167 201 217 241 308 297 198 252
Interest -25 -21 -25 -39 -46 -53 -58 -75 -109
Depreciation -9 -11 -15 -11 -20 -19 -18 -17 -15
Taxation -38 -46 -53 -57 -67 -67 -77 -20 -49
Exceptional Items 5
PAT 73 90 114 110 108 170 144 86 79

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -93 82 112 6 -217 6 -216 -76 245
Cash Fr. Inv. 71 -40 -97 -68 97 61 -11 11 30
Cash Fr. Finan. 60 -65 48 2 182 -100 106 49 -135
Net Change 38 -24 63 -60 61 -33 -120 -17 139
Cash & Cash Eqvt 265 244 330 240 307 231 133 118 249

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 24.68 24.68 24.68 24.68 24.68 21.70 21.70 21.70 21.70
Public 75.32 75.32 75.32 75.32 75.32 78.30 78.30 78.30 78.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 12.43 12.43 12.43 12.43 12.43 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0220
Name of the Signatory :- R SWAMINATHAN
Designation :- Company Secretary and Compliance Officer
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
VA Tech Wabag Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Meeting Updates
Appointment of Mr. Amit Goela (DIN:01754804) as an Additional Director in the category of Non - Executive Non - Independent Director of the Company with immediate effect for a period of 3 years. liable to retire by rotation subject to the approval of shareholders at the forthcoming Annual General Meeting. Brief profile of Mr. Amit Goela is enclosed herewith.

The Notice of 26th Annual General Meeting of the Company is to be held on Wednesday August 25 2021 at 3:00 P.M. IST through VC/OAVM in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and SEBI.

The Register of Members and Share Transfer Books of the Company will remain closed from Saturday August 14 2021 to Wednesday August 25 2021 (both days inclusive) for the 26th Annual General Meeting of the Company to be held on Wednesday August 25 2021.

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
Stochastic In Oversold Zone Stochastic In Oversold Zone
Thu, 22 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index

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