Water supply, management in Utilities; ₹5,471 Cr market cap. Revenue ₹635–863 Cr quarterly, net profit ₹3–50 Cr swings—project-driven cycles. Low leverage (D/E 0.34), dividends 2022–2025 indicate stable cashflow.
Generated analysis · source review pending
Generated analysis · source review pending
1,134 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 38.5% | 40% | 37.5% | 37.6% | 37% | 36.4% |
| EBITDA margin % | 14% | 13.5% | 12.8% | 11.6% | 10.7% | 7.2% |
| EBIT margin % | 12% | 11.7% | 11.4% | 10% | 9.1% | 5.1% |
| PAT margin % | 9.9% | 10.3% | 9.8% | 8.3% | 7.6% | 4.9% |
| Working capital | ||||||
| Receivable days | 113 | 118 | 128 | 145 | 151 | 135 |
| Inventory days | 52 | 70 | 65 | 59 | 63 | 87 |
| Payable days | 219 | 202 | 162 | 173 | 165 | 177 |
| NWC days | -54 | -15 | 31 | 31 | 50 | 44 |
| Leverage | ||||||
| Current ratio | 1.33 | 1.45 | 1.55 | 1.55 | 1.49 | 1.46 |
| Debt to EBITDA | 0.25 | 0.23 | 0.21 | 0.51 | 1.03 | 2.16 |
| Debt to equity | 0.1 | 0.07 | 0.06 | 0.14 | 0.25 | 0.34 |
| Interest coverage | 16.5 | 22.8 | 29 | 23.2 | 22.1 | 9.8 |
| Asset turnover | 1 | 0.97 | 1.03 | 0.96 | 0.92 | 0.86 |
| Return ratios | ||||||
| Return on assets % | 9.9% | 9.9% | 10% | 8% | 7% | 4.2% |
| Return on capital employed % | 38.1% | 36.5% | 33.6% | 26.9% | 22% | 14.3% |
| Return on equity % | 28.3% | 24.7% | 23.4% | 19.2% | 17.2% | 10.7% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26.76% | 26.46% | 26.38% | 26.2% | 25.92% | 25.8% | 25.76% | 25.7% | 25.66% | 25.58% | 25.52% | 25.43% | |
| 3.94% | 5.2% | 5.63% | 5.42% | 5.43% | 5.83% | 5.5% | 5.27% | 4.85% | 4.68% | 4.63% | 4.86% | |
| 11.9% | 11.95% | 12.21% | 12.83% | 13.24% | 13.62% | 13.88% | 14.08% | 14.29% | 14.21% | 14.8% | 15.32% | |
| 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| 41.22% | 40.21% | 39.59% | 39.37% | 39.23% | 38.57% | 38.68% | 38.77% | 39.01% | 39.34% | 38.86% | 38.21% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 1,19,139 | 1,20,488 | 1,16,996 | 1,20,052 |
Promoter holding down 1.33 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 19 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 7,84,458 | ₹685.22 | ₹53.75 Cr |
| 19 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 7,84,458 | ₹684.51 | ₹53.70 Cr |
| 19 Apr 2024 | ISHARES II PUBLIC LIMITED COMPANY - ISHARES GLOBAL WATER UCITS ETF | Bulk | NSE | Sell | 8,55,047 | ₹541.08 | ₹46.26 Cr |
| 15 Sept 2023 | BNP PARIBAS ARBITRAGE | Bulk | NSE | Sell | 9,56,811 | ₹521.03 | ₹49.85 Cr |
| 15 Sept 2023 | BNP PARIBAS ARBITRAGE | Bulk | NSE | Buy | 1,26,312 | ₹523.31 | ₹6.61 Cr |
| 22 Nov 2021 | PLUTUS WEALTH MANAGEMENT LLP | Bulk | BSE | Sell | 75,000 | ₹2,220.00 | ₹16.65 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Va Tech Wabag LimitedWABAGWABAG | ₹12,511 Cr | ₹12,739 Cr | ₹4,097 Cr | ₹448 Cr | 12.1% | ₹394 Cr | 9.4% | 19.2% | 18.6% | 85 |
| Ion Exchange (India) LimitedIONEXCHANGIONEXCHANG | ₹5,962 Cr | ₹6,416 Cr | ₹3,032 Cr | ₹179 Cr | 7.2% | ₹98 Cr | 4.9% | 14.3% | 11.2% | 44 |
| Enviro Infra Engineers LimitedEIELEIEL | ₹3,229 Cr | ₹3,652 Cr | ₹1,264 Cr | ₹288 Cr | 24.2% | ₹181 Cr | 16.4% | 22.6% | 16.4% | -88 |
| Technocraft Ventures LimitedTECHNOCRAFTECHNOCRAF | ₹1,893 Cr | ₹1,983 Cr | ₹345 Cr | ₹70 Cr | 20.3% | ₹43 Cr | 12.6% | 40.9% | 30.6% | — |
| Jitf Infralogistics LimitedJITFINFRAJITFINFRA | ₹708 Cr | ₹4,654 Cr | ₹2,922 Cr | ₹570 Cr | 19.9% | ₹-42 Cr | -0.4% | 15.9% | — | -123 |
| Denta Water And Infra Solutions LimitedDENTADENTA | ₹696 Cr | ₹708 Cr | ₹242 Cr | ₹65 Cr | 29.7% | ₹54 Cr | 24.3% | 19.1% | 14% | 331 |
Documents link to external sources (exchange filings, company investor pages).
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Shareholder Meeting / Postal Ballot-Outcome of AGM
Announcement under Regulation 30 (LODR)-Newspaper Publication
Letter Sent To The Shareholders Of The Company
Reg. 34 (1) Annual Report.
Business Responsibility and Sustainability Reporting (BRSR)
Notice Of 62Nd Annual General Meeting
| Date | Category | Subject | Filing |
|---|---|---|---|
| 28 Sept 2026, 6:26 pm | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window | |
| 11 Sept 2026, 6:23 pm | AGM/EGM AGM | Shareholder Meeting / Postal Ballot-Scrutinizer''s Report | |
| 11 Sept 2026, 6:17 pm | AGM/EGM AGM | Shareholder Meeting / Postal Ballot-Outcome of AGM | |
| 19 Aug 2026, 5:46 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication | |
| 18 Aug 2026, 5:32 pm | Company Update General | Letter Sent To The Shareholders Of The Company | |
| 18 Aug 2026, 5:20 pm | Others Reg. 34 (1) Annual Report | Reg. 34 (1) Annual Report. | |
| 18 Aug 2026, 5:08 pm | Others Business Responsibility and Sustainability Reporting (BRSR) | Business Responsibility and Sustainability Reporting (BRSR) | |
| 18 Aug 2026, 5:05 pm | AGM/EGM AGM | Notice Of 62Nd Annual General Meeting |
8 schemes · 5 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| SMALL CAP FUND | Nippon India Mutual Fund | 71.61 L | 260.57 | 0.32% | 4.882% | -0 |
| Franklin India Small Cap Fund (Formerly known as Franklin India Smaller Companies Fund) ^ | Franklin Templeton Mutual Fund | 28.33 L | 103.06 | 0.7% | 1.931% | -0 |
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 2.19 L | 7.97 | 0.32% | 0.149% | -4,793 |
| Ethical Fund | Quantum Mutual Fund | 63,960 | 2.33 | 1.83% | 0.044% | +3,404 |
| ESG Best In Class Strategy Fund | Quantum Mutual Fund | 49,762 | 1.81 | 1.89% | 0.034% | -0 |
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 11,050 | 0.4 | 0.85% | 0.008% | +1,301 |
| IB18-Groww Nifty Total Market Index Fund | Groww Mutual Fund | 1,498 | 0.05 | 0.01% | 0.001% | +7 |
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 248 | 0.01 | 0.01% | 0% | -0 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 1,450 | 1,577 | 1,990 | 2,348 | 2,737 | 2,915 | |
| COGS | 892 | 946 | 1,243 | 1,465 | 1,725 | 1,854 |
| Gross profit | 558 | 631 | 747 | 883 | 1,012 | 1,061 |
| 355 | 418 | 491 | 610 | 717 | 849 | |
| 202 | 214 | 256 | 273 | 295 | 212 | |
| OPM % | 14% | 13.6% | 12.9% | 11.7% | 10.8% | 7.3% |
| Depreciation | 28 | 28 | 29 | 36 | 44 | 63 |
| Interest | 13 | 10 | 9 | 12 | 13 | 24 |
| 33 | 42 | 41 | 44 | 49 | 70 | |
| Profit before tax | 195 | 217 | 259 | 269 | 285 | 195 |
| Tax | 52 | 56 | 64 | 74 | 77 | 52 |
| Tax % | 26.5% | 25.6% | 24.6% | 27.4% | 27.1% | 26.5% |
| 143 | 162 | 195 | 195 | 208 | 143 | |
| PAT margin % | 9.9% | 10.3% | 9.8% | 8.3% | 7.6% | 4.9% |
| EPS (₹) | 121.4 | 137.3 | 166 | 16.5 | 17.5 | 12 |
| EPS adjusted (₹) | 10.1 | 11.4 | 13.8 | 13.8 | 14.6 | 10 |
| 8.2% | 7.3% | 0.8% | 9.1% | 8.6% | 10.4% | |
| Annual report | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 492 | 641 | 819 | 1,004 | 1,194 | 1,325 |
| Minority interest | — | — | 2 | 2 | 2 | 1 |
| 51 | 48 | 52 | 138 | 303 | 454 | |
| 886 | 922 | 1,052 | 1,292 | 1,474 | 1,585 | |
| Total equity & liabilities | 1,443 | 1,625 | 1,940 | 2,449 | 2,987 | 3,380 |
| 190 | 192 | 215 | 367 | 392 | 753 | |
| CWIP | 15 | 20 | 42 | 61 | 318 | 175 |
| Investments | 5 | 9 | 10 | 12 | 13 | 16 |
| 1,234 | 1,405 | 1,673 | 2,010 | 2,264 | 2,436 | |
| Total assets | 1,443 | 1,625 | 1,940 | 2,449 | 2,987 | 3,380 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Engineering | 1,757.76 | 90.23 | 1,840.01 | 1,074.26 | 765.75 | 11.78 |
| Chemicals | 867.72 | 182.31 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| 197 | 91 | 63 | 130 | 32 | -28 | |
| -29 | -92 | -40 | -160 | -165 | -44 | |
| -75 | -27 | -15 | 8 | 128 | 100 | |
| Net cash flow | 93 | -27 | 7 | -22 | -4 | 27 |
| Free cash flow | 167 | 41 | 3 | 10 | -288 | -283 |
| CFO / Operating profit % | 97.4% | 42.9% | 24.6% | 47.8% | 10.9% | -13.6% |
| 1,187.66 |
| 730.02 |
| 457.64 |
| 39.84 |
| Consumer Products | 379.42 | -11.54 | 134.57 | 104.68 | 29.89 | -38.61 |
| Unallocated | 1.36 | 0 | 200.8 | 128.84 | 71.96 | 0 |
| Others | 0 | -0.31 | 16.89 | 1.81 | 15.08 | -2.06 |
₹ crore by fiscal year