Va Tech Wabag Ltd - Decent Q2; Strong Orderbook to Drive Growth
Va Tech Wabag’s adjusted net profit increased 27.8% y-o-y to Rs. 70 crore. Revenue of Rs. 700 crore grew 5.3% y-o-y and OPM stood at 13.4%, up 42...
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VA Tech Wabag Ltd. - ‘RIDING THE WAVE’
We are initiating coverage on Va Tech Wabag Ltd. (VTW) with a BUY recommendation and a target price of Rs 1,700/share, implying an upside of 30%...
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VA Tech Wabag - A Watershed Moment
VA Tech Wabag (Wabag) bagged a mammoth order of INR 27bn (equivalent to its FY24 revenue) from the Middle East for a desalination plant – the...
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Q2FY25 Earnings Preview - Chemicals, Capital Goods and Midcaps
In Q2FY25, most specialty chemical companies under coverage are expected to show marginally improved performance, although demand recovery remains...
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Healthy execution, but cashflow concerns persist
VA Tech Wabag’s Q2FY22 healthy performance was supported by pick-up in execution leading to healthy operating margins. Revenues grew 12.4% YoY to...
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