VA Tech Wabag Limited — Investor Meet, 20-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

VA Tech Wabag kicked off FY26 strongly, with Q1 consolidated revenue up 17% to INR 734 Cr and PAT growing 20% to INR 66 Cr. The company achieved its 10th consecutive net cash positive quarter, standing at INR 510 Cr. Key wins include a INR 380 Cr Bengaluru water reuse project and a INR 2,332 Cr Yanbu desalination plant, their largest international order. The robust order book is now over INR 15,750 Cr, offering solid revenue visibility. Management highlighted a focus on profitable growth, cash generation, and increasing high-margin O&M revenue (exceeded 20%). The company's outlook is confident, driven by global water infrastructure demand.