Rs 16,000+ crore order book: Jhunjhunwala’s Portfolio Company Secures a Large Order from BPCL Towards Industrial Water Treatment Facilities

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Rs 16,000+ crore order book: Jhunjhunwala’s Portfolio Company Secures a Large Order from BPCL Towards Industrial Water Treatment Facilities

The stock gave multibagger returns of 255 per cent in just 3 years and a whopping 450 per cent in 5 years.

VA TECH WABAG (WABAG), a leading pure-play Water Technology Multinational Group, continues to strengthen its leadership in the Industrial Water Treatment segment by securing a ‘Large’ order from Bharat Petroleum Corporation Limited (BPCL) towards advanced technology water treatment facilities for the Bina Petchem and Refinery Expansion Project at Bina, Madhya Pradesh, India.

The order comprises a comprehensive Water Block Package, including a raw water treatment plant (RWTP), a reverse osmosis-based demineralisation plant (RODMP) and a zero liquid discharge plant (ZLDP) for the BPCL Bina Refinery. WABAG will undertake the design, engineering, procurement, Construction, installation, testing and commissioning (EPC) of facilities. The project is scheduled to be executed over a period of 22 months.

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About the Company

With over a century of expertise, VA Tech Wabag Limited is a premier Indian multinational and a global leader in sustainable water technology. The company provides end-to-end solutions for municipal and industrial needs, managing the entire water value chain from design and engineering to long-term operations. Powered by 1,600+ professionals across 25+ countries and backed by 1,500+ completed projects, WABAG leverages cutting-edge R&D and 125+ patents to drive innovation. Committed to the UN Sustainable Development Goals and ESG principles, WABAG transforms complex global water challenges into resilient opportunities for a more sustainable future.

A renowned investor, Rekha Jhunjhunwala (wife of Late Rakesh Jhunjhunwala), held an 8.04 per cent stake in the company. The company has a market cap of over Rs 7,000 crore while the company has an Order Book of Rs 16,000+ crore. The shares of the company have a PE of 23x while the industry PE is 19x. The stock gave multibagger returns of 255 per cent in just 3 years and a whopping 450 per cent in 5 years.

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