Va Tech Wabag Ltd Multibagger

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VA Tech Wabag Multibagger and Stock Trading Tips

Company Review VA Tech Wabag Limited is an Indian international business player equipment focused company which provides a complete range of water and waste water treatment solutions as. Drinking water treatment Industrial waste water treatment Municipal waste water treatment Industrial and process water treatment Desalination (sea water and brackish water) Recycling (industrial and municipal waste water) VA Tech Wabag proffers nonstop solutions for special customer needs from side to side a comprehensive range of services and pioneering technologies. Its plants make easy environmentally well-suited wastewater removal and secure right of entry to clean drinking water for a mounting number of people. This allows it to make an important contribution to environmental protection and enhanced quality of life Company Financial View: The company has registered robust results for the quarter ending December’2013. The merge revenue has increased by about 66 percent at Rs 589.30 crore for quarter under review as compared to Rs.354 crore for the quarter defunct 31 December’ 2012. VA Tech Wabag business manages and operated out of India has contributed to the astral performance. In service profit climbed sharply by eighty four percent at about Rs.40.99 crores as against Rs.22.30 crores in the previous year quarter. The net profit of the VA Tech Wabag space rocket by about 116 percent at Rs. 21.71 crores as compared to Rs 10.04 crore for the same quarter in the preceding year. The VA Tech Wabag’s Multi Domestic Unit strategy is paying off well. Revenue from international business for the quarter is at Rs. 358.96 crore against Rs. 177.29 crore, a rise of 102.47 percent y-o-y. Domestic revenue for the quarter stood at Rs. 239.02 crore against Rs.176.35 crore, a jump of 35.54 percent y-o-y. Order inflow for 9MFY14 stood at Rs.3047.5 crores comprising domestic orders worth Rs.1844 cr and Rs.1203.5 cr overseas. The inflow includes EPC orders worth Rs. 2621.3 cr comprising 86 percent of the

order inflow while O&M orders stood at Rs.426.2 cr representing the remaining 14 percent. Municipal order inflow was at Rs.2233 cr while Industrial orders were at Rs. 815 cr. Company Assessments: With asset light model, robust array pipeline, sturdy balance sheet, headship position in Indian market and increasing geographical presence with strong brand image; Va Tech Wabag revenue visibility look well-built. We consider the company is trading at an attractive valuation at 17x and 15x of FY14EPS of Rs. 42 and FY15EPS of Rs.49. VA Tech Wabag Limited is trading at Rs. 710, recommended to buy near Rs. 710-690 levels for investment horizon; it may touch Rs. 850 in a time period of 3-6 months Bse Id: 533269 Nse Id: Wabag For more details on Stock Trading Tips log on to our website http://www.charanwings.com

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