Va Tech Wabag Ltd

NSE: WABAG BSE: 533269

₹1854.60

+60 (3.34%)

Sat, 07 Nov 2026, 08:39 pm

MTF 5xInvest in Va Tech Wabag Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)11218.6

PE Ratio29.51

Dividend0.28

Industrial Services

Engineering & Construction

24.5K

Va Tech Wabag Ltd Company 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.