VA Tech Wabag (WABAG) Q4 14/15 earnings summary

Executive summary

• FY 2014-15 consolidated revenue grew 8.8% to ₹2,435 crore and EBITDA rose 10.58% to ₹209 crore; consolidated PAT eased to ₹110 crore from ₹113 crore.

• Order intake reached ₹2,977 crore and the year-end order book stood at ₹5,439 crore, supporting future execution and revenue visibility.

Financial highlights

• Consolidated revenue was ₹2,435 crore versus ₹2,239 crore YoY; standalone turnover was ₹1,233 crore versus ₹1,152 crore.

• Consolidated EBITDA increased to ₹209 crore from ₹189 crore; standalone EBITDA was ₹149 crore versus ₹141 crore.

• Consolidated PAT was ₹110 crore versus ₹113 crore; standalone PAT was ₹90 crore versus ₹89 crore.

• Consolidated EPS was ₹20.39 versus ₹21.31; figures reflect the 1:1 bonus issue during FY 2014-15.

Outlook and guidance

• Priorities include a sustainable mix of volume-driven and margin-accretive orders, on-time project delivery, and reinforcing positions in the Philippines and Turkey.

• Growth opportunities include India’s Ganga, Swachh Bharat and Smart Cities initiatives, plus municipal and industrial projects in overseas markets.

• Long-term ambition remains a €1 billion top line, supported by organisational realignment and increased cross-geography collaboration.