VA Tech WABAG’s order book has crossed ₹20,000 crore for the first time, reaching around ₹20,200 crore at the end of the first half of FY27, as the water technology company reported strong order wins in desalination, wastewater and municipal water infrastructure.
The company secured orders worth ₹5,200 crore during the first half of the financial year. The major awards included a seawater reverse osmosis desalination project in Kuwait, marking WABAG’s entry into that market, and a large desalination plant for Reliance Industries at Jamnagar.
Other key orders came from Ajman in the United Arab Emirates, the Donauinsel Water Works project in Europe, Bengaluru Water Supply and Sewerage Board and the Delhi Jal Board, according to the Times of India report. The order book provides revenue visibility of more than four times the company’s annual revenue, the report said.
“Crossing Rs 20,000 crore in order book for the first time ever is a defining milestone for WABAG, achieved alongside robust top-line growth and strong profit momentum,” Rajiv Mittal, chairman and managing director of VA Tech WABAG, was quoted as saying.
The company reported consolidated net profit of ₹104.5 crore for the second quarter of the fiscal year, up 23% from ₹84.8 crore in the year-ago period. Consolidated revenue increased 20% to ₹1,000.2 crore from ₹834.5 crore.
For the half-year ended September 2026, consolidated profit after tax rose 29% year-on-year to ₹195 crore, while revenue increased 20% to ₹1,887 crore. EBITDA grew 21% to ₹261 crore, the report said.
WABAG also maintained a net-cash-positive position for the 15th consecutive quarter. Its net cash exceeded ₹1,100 crore, excluding hybrid annuity model projects, while its gross cash position stood at ₹1,218 crore, according to the company’s reported results.
The project mix points to demand across both municipal and industrial water systems. Desalination projects address freshwater supply requirements in water-stressed locations, while the municipal orders involve public water utilities in Bengaluru and Delhi. The company said its bid pipeline remains healthy and identified water security, treated wastewater reuse and desalination as key sources of demand.
The latest order intake places public water agencies, industrial users and international utilities within the same investment cycle. For cities, the orders are relevant not only because of their scale but also because they cover infrastructure that determines how water is produced, treated, reused and supplied. The company’s next growth phase will depend on execution of the announced projects and conversion of its bid pipeline into contracts.
