Va Tech Wabag Latest Updates

Major Order Wins BPCL Industrial Water Project: On January 13, 2026, Wabag secured a large domestic order from Bharat Petroleum Corporation Limited (BPCL) valued between ₹250 crore and ₹600 crore. The project involves setting up advanced water treatment facilities—including Raw Water Treatment, Reverse Osmosis, and Zero Liquid Discharge plants—at the Bina Refinery in Madhya Pradesh. The project is to be executed over 22 months on an EPC basis. International Expansion: In late December 2025, the company received a repeat order from the Saudi Water Authority for a 50 MLD Brackish Water Reverse Osmosis (BWRO) plant in Aljouf, Saudi Arabia. Additionally, Wabag was declared the preferred bidder for the Hadda Independent Sewage Treatment Plant in Saudi Arabia, which includes a 25-year Build, Operate, and Transfer (BOT) model. Nepal Development: In November 2025, the company bagged an ADB-funded order from the Melamchi Water Supply Development Board, Government of Nepal, further diversifying its regional presence. Financial Highlights (Q2 FY26) Revenue Growth: For the quarter ending September 30, 2025, the company reported revenue of ₹834 crore, a 19% increase compared to the previous year. Profitability: Net profit rose by 21% year-on-year to ₹85 crore. The company maintains a healthy net cash position and has shown improved operational cash flow. Corporate & Regulatory Updates Trading Window Closure: In compliance with SEBI regulations, the company's trading window for dealing in securities has been closed since December 31, 2025, in anticipation of the Q3 FY26 financial results declaration. ESOP Allotment: On January 23, 2026, the company allotted 4,256 equity shares to employees under its "WABAG Centenary Stock Option Scheme 2023" at an exercise price of ₹513 per share. GST Matters: In late December 2025, the company received a GST assessment order from Bengaluru authorities for approximately ₹23.21 lakhs regarding a classification dispute.