Rs 16,000 crore order book & Jhunjhunwala’s hold 8.03% stake: Company Secures Up to USD 75 Million Saudi Water Project
DSIJ Intelligence-2Categories: Mindshare, Trending
The stock gave multibagger returns of 321 per cent in just 3 years whereas the BSE Small-Cap Index is up by 36.90 per cent.
On Monday, December 29, 2025, shares of VA Tech Wabag Ltd were trading marginally lower at Rs 1,282.10 per share, down 0.42 per cent from the previous close of Rs 1,287.45. The stock opened higher at Rs 1,309.85, touched an Intraday high of Rs 1,309.85, and slipped to a low of Rs 1,280.65. The stock’s 52-week high stands at Rs 1,690, while the 52-week low is Rs 1,109.35.
VA Tech Wabag Limited has secured a “Large” repeat order from the Saudi Water Authority (SWA), reinforcing its presence in the Middle East water infrastructure market. The international contract involves the Engineering, Procurement, and Construction (EPC) of a 50 Million Litre per Day (MLD) Brackish Water Reverse Osmosis (BWRO) plant at Aljouf, Kingdom of Saudi Arabia. As per company classification, the project value falls in the range of USD 30 million to USD 75 million.
The proposed facility is designed to handle complex raw water challenges, particularly water sourced from bore well fields containing rare elements. To ensure operational reliability and efficiency, WABAG will deploy a robust pre-treatment system using Ceramic Membrane technology, followed by Micron Cartridge Filtration and Reverse Osmosis. The project has an execution timeline of fourteen months.
According to the company, this order reflects Saudi Arabia’s continued focus on next-generation water infrastructure and strengthens WABAG’s positioning as a global leader in advanced water treatment technologies, including seawater reverse osmosis (SWRO) and recycle-and-reuse systems.
About the Company
VA Tech Wabag Limited is a leading global water technology company with over a century of experience, providing innovative and sustainable solutions for municipal and industrial clients worldwide. As a Pure-Play Indian multinational, WABAG offers end-to-end water solutions, from design and engineering to long-term operations. With a global presence, a strong focus on R&D and a commitment to sustainability, WABAG is shaping a future where water challenges are transformed into opportunities for a better world.
A renowned investor, Rekha Jhunjhunwala (wife of Late Rakesh Jhunjhunwala), held an 8.03 per cent stake in the company. The company has a market cap of over Rs 8,000 crore while the company has an Order Book of Rs 16,000 crore. The shares of the company have a PE of 25x while the industry PE is 17.6x. The stock gave multibagger returns of 321 per cent in just 3 years whereas the BSE Small-Cap Index is up by 36.90 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.