Conference Call with Va Tech Wabag Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Non-Electrical Utilities company Va Tech Wabag announced Q1FY25 results: Consolidated Revenue from operations of Rs 6,265 million Consolidated EBITDA of Rs 813 million; up 23% YoY Consolidated PAT of Rs 550 million; up by 31% YoY Standalone Revenue from operations of Rs 5,459 million Standalone EBITDA of Rs 790 million; up 22% YoY Standalone PAT of Rs 505 million; up by 7% YoY Order Book of -Rs 107 Bn including Framework contracts Commenting on the results, Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG LIMITED said, "I'm happy to report that our growth trend from the last year has continued. With our strategic focus on Industrial, International, EP and O&M; projects, we have consistently improved our operating margins. This quarter around 60% of our revenue came from international projects. Our order book remains robust, exceeding Rs 100 Billion, with a healthy mix of EPC and O&M;, giving us confidence and visibility for future revenue. As we move into the next quarter of the fiscal year, we are optimistic about securing large international projects and maintaining our growth momentum." Result PDF
Non-Electrical Utilities company Va Tech Wabag announced FY24 results: Sales and Profitability: Consolidated Revenue from operations of Rs 28,564 million Consolidated EBITDA of Rs 3,768 million; up 8% YoY Consolidated PAT of Rs 2,456 million; up 9% YoY Standalone Revenue from operations of Rs 25,097 million Standalone EBITDA of Rs 3,577 million; up 3% YoY Standalone PAT of Rs 2,358 million; up 8% YoY Order Book: Order Intake of Rs 23.4 Bn Order Book position of over Rs 114 billion including Framework contracts; Providing Robust revenue visibility Cash: Net Cash Position Rs 2,356 million Operational Cash Flow Rs 1,335 million Free Cash Flow Rs 1,683 million Commenting on the results, Rajiv Mittal, Chairman & Managing Director, VA TECH WABAG said, "We continue to deliver Profitable Growth this Year with persistent focus on technology EP, Industrial and International projects. Group continues its strategic approach to remain 'Asset Light'; last year we strategically divested two of our European Subsidiqries and we have also successfully inducted majority Equity Partner in 2 out of 3 HAM SPVs. Our robust order book position which is over Rs 774 Billion, provides confidence of our future revenues. Our healthy mix of EP, O&M; Industrial & International projects in line with our Strategy "Wriddhi" provides us good visibility for the future regarding robust margins and good cash flows. This is the fourth consecutive year we have concluded Net Cash Positive and I am confident that we will continue to remain on this growth path, as we step into the next financial year" Result PDF