WABAG

What VA Tech Wabag promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 14 tracked 4 delivered 2 missed 8 open
  • EBITDA Margin delivered said Q4 FY25 Promised: 13-15% medium-term outlook Q1 FY27: 13.08%. Management reiterated the 13-15% medium-term outlook and guided for a more specific 13-14% for FY27.
  • HAM Platform / Norfund JV Agreements went quiet said Q4 FY25 Promised: In the next few months, we should be able to close that formally. Q1 FY27: No mention of Norfund JV or the HAM platform finalization in the Q1 FY27 call.
  • Conversion of Preferred Bidder Status to Firm Orders on track said Q1 FY26 Promised: By the time we meet you next call, we should be having most of them [>INR 35 billion] in our order backlog. Q1 FY27: Secured INR 3,400 crores in new orders, including the large Kuwait desalination plant which was a key part of the L1 pipeline. Progressing well after previous delays.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 14 tracked commitments for VA Tech Wabag — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens