FII Increases Stake in Rekha Jhunjhunwala-Backed Stock as Company Reports 21% Revenue Growth in Q1 FY27

VA Tech Wabag came into the spotlight after it reported a strong set of results for the quarter ended June 30, 2026. The water technology company posted a 21 per cent year-on-year (YoY) increase in consolidated revenue, while its Order Book reached an all-time high of around Rs 19,400 crore.

Revenue Rise to Rs 886.8 Crore

The company reported consolidated revenue from operations of Rs 886.8 crore in Q1 FY27, compared with the year-ago period, marking a 21 per cent YoY increase.

Consolidated EBITDA stood at Rs 116.3 crore, up 22 per cent YoY. Profit after Tax (PAT) increased 37 per cent YoY to Rs 90.1 crore.

The company also reported growth at the standalone level. Standalone revenue from operations stood at Rs 739.3 crore, up 15 per cent YoY. Standalone EBITDA increased 22 per cent to Rs 105 crore, while standalone PAT rose 30 per cent to Rs 79.3 crore.

Order Book Hits Record Rs 19,400 Crore

One of the key highlights of the quarter was the company's order book.

VA Tech Wabag Ltd recorded order intake of around Rs 3,400 crore during the quarter, taking its order book to approximately Rs 19,400 crore, excluding framework contracts.

The record order book provides the company with strong revenue visibility going ahead and highlights the continued demand for water and wastewater treatment projects.

Net Cash Position Remains Strong

The company maintained its net cash-positive position for the 14th consecutive quarter. Gross cash stood at Rs 1,082.3 crore, while the net cash position, excluding HAM, was Rs 964.9 crore.

FII Holding Increases

The company's shareholding pattern also showed increased participation from foreign institutional investors. FII holding increased from 16.60 per cent as of March 31, 2026, to 18.25 per cent as of June 30, 2026. This represents an increase of 1.65 percentage points during the quarter.

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Rekha Jhunjhunwala Continues to Hold 8.02%

Rekha Jhunjhunwala held an 8.02 per cent stake in VA Tech Wabag Ltd, making her one of the notable investors in the company.

Va Tech Wabag Ltd Share Price Performance

VA Tech Wabag share priceclosed at Rs 1,903.60, down Rs 46.50 or 2.38 per cent from the previous close of Rs 1,950.10. The stock opened nearly flat at Rs 1,950 and touched an Intraday high of Rs 1,965 before falling to a low of Rs 1,875.

Despite the day's decline, the stock has delivered strong returns over a longer period. It is up 44.39 per cent year-to-date (YTD) and has gained 23.76 per cent over the past one year.

About Va Tech Wabag Ltd

Va Tech Wabag Ltd is engaged in the business of the water treatment field. Its principal activities include design, supply, installation, Construction and operational management of drinking water, waste water treatment, industrial water treatment and desalination plants.

Disclaimer: The article is for informational purposes only and not investment advice.