VA Tech Wabag Shares May Rally 49% Says Motilal Oswal — Check Stock Rating, Target Price

VA Tech Wabag boasts an impressive order book of over Rs 16,000 crore, translating into a book-to-bill ratio of ~4.6x, which provides strong visibility for 15–20% revenue growth over the next three–four years..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Motilal Oswal has reiterated its Buy rating on VA Tech Wabag Ltd. with a target price of Rs 1,900, signaling a potential 49% upside from the current market price of Rs 1,271. The bullish stance is anchored on VA Tech Wabag's robust order book, consistent inflows, and strategic positioning in high-margin segments..Order book strength and recent winsVA Tech Wabag boasts an impressive order book of over Rs 16,000 crore, translating into a book-to-bill ratio of ~4.6x, which provides strong visibility for 15–20% revenue growth over the next three–four years. The company recently secured a repeat order worth up to Rs 700 crore from the Saudi Water Authority for a 50 MLD BWRO plant at Aljouf, Saudi Arabia. Additionally, VA Tech was declared the preferred bidder for the Hadda Independent Sewage Treatment Plant project by the Saudi Water Partnership Company. In November 2025, VA Tech bagged a major DBO contract for the 255 MLD Sundarijal Water Treatment Plant in Nepal, funded by the Asian Development Bank.The company is also eyeing the ultra-pure water segment, an emerging Rs 3,500 crore opportunity, which could further diversify its revenue streams..Click on the attachment to read the full report:.V-Mart Is Motilal Oswal's Top Retail Pick For 2026, Eyes 45% Upside — Check New Target Price.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

VA Tech Wabag Shares May Rally 49% Says Motilal Oswal — Check Stock Rating, Target Price

VA Tech greater focus on executing large-scale projects in high-margin segments augurs well for margins, adds the brokerage.

NDTV Profit

NDTV Profit

Follow Us

DISCOVER US FASTER

DOWNLOAD THE APP