Va Tech Wabag Ltd
NSE: WABAG BSE: 533269
₹1168.50
(-0.40)%
Wed, 04 Feb 2026, 04:09 am
Market Cap67.89B
PE Ratio22.96
Dividend0.37
Industrial Services
Engineering & Construction
24.5Kva tech wabag ltd History
1995
- Incorporated as Balcke Durr Cooling Towers Limited on February 17.
- Certificate of commencement of business awarded on March 8.
1996
- Water treatment division started.
- Name changed to Balcke Durr and Wabag Technologies Limited; fresh certificate issued September 12.
1997
- First EPC order received from Reliance Petroleum.
1999
- VA Tech acquires water business of Deutsche Babcock operating under Wabag brand.
- Water and non-water divisions of Balcke Durr and Wabag Technologies Limited demerged.
2000
- High Court of Madras approves demerger; non-water division transferred to BDT Limited.
- Name changed to VA Tech Wabag Limited; fresh certificate of incorporation issued April 4.
- First municipal order received from Chennai Metropolitan Water Supply and Sewerage Board.
- ISO 9001:2000 certification received from Lloyd’s Register Quality Assurance.
2002
- O&M activity started; first O&M order received from CMWSSB (Redhills plant).
- Rs 7,000 lakhs order received from Bangalore Water Supply and Sewerage Board.
2003
- Company turnover crosses Rs 10,000 lakhs.
2004
- Receives best construction award from Indian Concrete Institute - Karnataka for Mailasandra sewage treatment plant.
2005
- I-Ven Water Treatment Technologies Limited acquires majority stake from Wabag Austria.
2006
- Majority shareholding acquired by Western India Trustee (India Advantage Funds I), ICICI Venture Funds Management Company Limited, and promoters Rajiv Mittal, Amit Sengupta, Shiv Narayan Saraf, S. Varadarajan.
- ESOP Scheme 2006 adopted.
- Scheme of merger of I-Ven Water Technologies Limited with company.
- Company receives Rs 18,638 lakhs order from Kerala Water Authority.
2007
- Company turnover crosses Rs 20,000 lakhs.
- 3,97,078 equity shares allotted to GLG Emerging Markets Fund.
- Four SBUs created: municipal, industrial, international, and operations business group.
- Company order book crosses Rs 50,000 lakhs.
- Wabag Singapore incorporated.
- Company receives first overseas O&M order from Qatar.
- Company acquires Wabag Austria and subsidiaries.
- VA Tech Wabag (Gulf) Contracting LLC incorporated with Badriya Hassan Makki (49% shareholding, 100% beneficial interest).
2008
- Equity shares allotted to Government of Singapore Investment Corporation Pte Ltd, Passport India Investments (Mauritius) Ltd, and Sattva India Opportunities Company Ltd.
- Wabag Water Services s.r.l. incorporated in Romania.
- Company turnover crosses Rs 30,000 lakhs.
- Company order book crosses Rs 1,00,000 lakhs.
- Company receives first overseas EPC order from Oman.
- International Engineering Centre started in Pune.
- Branch office opened in Oman.
- Company receives Rs 19,071 lakhs order from Delhi Jal Board.
- Memorandum of Association of VA Tech (Gulf) General Trading LLC amended; name changed to VA Tech Wabag (Gulf) Contracting LLC, Dubai.
2009
- Company turnover crosses Rs 50,000 lakhs.
- Company goes live with ERP.
- Company receives ISO 9001:2008 certification from Bureau Veritas.
- VA Tech Wabag (Hong Kong) Limited incorporated.
- VA Tech Wabag receives Rs 1,03,368 lakhs order for sea water desalination plant from CMWSSB, Chennai.
- Beijing VA Tech Wabag Water Treatment Technology Co., Ltd. incorporated.
2010
- Company turnover crosses Rs 70,000 lakhs.
2011
- WABAG signs JV agreement with Zawawi Trading Company LLC in Oman.
- WABAG commissions three drinking water treatment plants for Kerala Water Authority.
- WABAG wins GWI Global Water Award.
- WABAG Switzerland installs new moving bed and filtration system for Mannedorf wastewater plant and Hybrid Process for Klosterneuburg.
- WABAG participates in China Water Summit 2011.
- Company splits share face value from Rs 5 to Rs 2.
2012
- WABAG Brno obtains two drinking water orders worth EUR 3.1 million in Czech Republic.
- VA Tech Wabag takes over wastewater management for Adana, Turkey.
- VA Tech Wabag obtains BOOT contract for Ulhasnagar drinking water treatment plant, Maharashtra, India.
- WABAG consortium wins major desalination contract in Oman.
2013
- Va Tech Wabag bags INR 262 crore order from Nepal.
- Wabag announces Rs 115 crore order from Chennai Metropolitan Water Supply and Sewage Board.
- Va Tech Wabag JV wins 344 crore World Bank funded project from Philippines.
- Va Tech Wabag wins Rs 325 crore JICA funded project from Orissa Water Supply and Sewerage Board.
2014
- VA Tech Wabag bags US$ 40 million EXIM Bank funded order in Tanzania.
- VA Tech Wabag bags Rs 250 crore repeat order from BWSSB, Bangalore.
- VA Tech Wabag receives Rs 100 crore order from Maynilad Water Services for 20 MLD STP at Tunasan, Philippines.
- VA Tech Wabag bags INR 100 crore World Bank funded sewage treatment order in Philippines.
- VA Tech Wabag wins Rs 175 crore STP order in Valenzuela, Philippines.
- Registered office shifted to 'Wabag House', No.17, 200 Feet Thoraipakkam - Pallavaram Main Road, Sunnambu Kolathur, Chennai - 600117.
2015
- WABAG Switzerland supplies membrane biology for Lauterbrunnen wastewater treatment plant.
- WABAG-MUHIBBAH JV signs EUR 200 million contract for PETRONAS RAPID project.
- WABAG manages used water for city of Istanbul.
- WABAG bags major order worth over EUR 30 million in Nigeria.
- WABAG bags wastewater treatment order worth over EUR 9 million for Port Said, Egypt.
- WABAG JV wins EUR 85 million project in Bahrain.
- First drinking water from Al Ghubrah seawater desalination plant in Oman.
- WABAG receives over EUR 13 million order for E_OS project at Vienna wastewater plant.
- WABAG receives Global Water Distinction Award.
- Company allots 1:1 bonus shares.
2016
- VA Tech Wabag consortium wins Rs 594 crore order from CMWSSB.
- VA Tech Wabag secures ADB funded project in Nepal worth INR 141 crore.
- VA Tech Wabag wins final arbitration award relating to associate International Water Treatment LLC, Oman.
2017
- Va Tech Wabag bags USD 105.5 million order from Dangote Oil Refining Company in Nigeria.
2018
- VA Tech Wabag awarded first major EPC order worth Qatari Riyal 275 million.
- Va Tech Wabag secures Rs 147 crore order.
2019
- VA Tech WABAG bags Rs 575 crore project under National Mission for Clean Ganga Scheme in West Bengal.
2020
- VA Tech WABAG bags award from Ministry of Jal Shakti.
- VA Tech WABAG bags orders worth over Rs 760 crore.
2021
- Va Tech Wabag secures USD 11.45 million order.
2022
- WABAG secures EP order for brine water treatment package worth EUR 18 million.
- WABAG bags USD 100 million breakthrough order in Dubai, UAE.
2023
- WABAG wins AFD and BEI funded consortium order worth 215 million Tunisian Dinars (approx. EUR 63 million) for 345 MLD water treatment project from SONEDE, Tunisia.
- WABAG enters strategic alliance with Al Jomaih Energy and Water for large-scale PPP projects.
2024
- VA Tech WABAG bags Rs 2,700 crore sea water desalination plant order from Saudi Water Authority.
- VA Tech Wabag wins arbitration award against Kerala Water Authority.
- WABAG secures USD 33.5 million order for industrial wastewater treatment plant at Ras Tanura Refinery, Saudi Arabia.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800