VA Tech Wabag Share Price Target 2027: 15.2% Upside to Rs 2,238, Bull Case Rs 2,681
- November 6, 2026
- Posted by: Ankit Jaiswal
- Category: Market
VA Tech Wabag share price Rs 1,943.10 (6 November 2026). Base target Rs 2,238, bull Rs 2,681, downside risk Rs 1,492. PE 29.57. 52W range Rs 1,033.00 to Rs 2,319.00.
Quick Answer
The VA Tech Wabag share price target for 2027 is Rs 2,238, about 15.2% above the current price of Rs 1,943.10. The bull case is Rs 2,681, and the downside risk level, which is not a target, is Rs 1,492. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 21.9%, with the stock holding its PE of 29.57. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a VA Tech Wabag target price for 2027 should start with where the stock sits today. At Rs 1,943.10 on 6 November 2026, it is 16.2% below its 52-week high of Rs 2,319.00 and 88.1% above its 52-week low of Rs 1,033.00. That range spans 124% from low to high, so the entry point matters as much as the VA Tech Wabag price forecast itself.
This article builds the VA Tech Wabag share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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VA Tech Wabag Stock Analysis: Company Overview and Key Stats
VA Tech Wabag (NSE: WABAG) has a market capitalisation of Rs 11,659 crore. In FY26 it reported revenue of Rs 4,038 crore and net profit of Rs 369.80 crore. The table collects the figures the VA Tech Wabag share price target is built on.
| Metric | Value |
|---|---|
| Company | VA Tech Wabag |
| NSE Ticker | WABAG |
| CMP (6 November 2026) | Rs 1,943.10 |
| 52-Week High | Rs 2,319.00 |
| 52-Week Low | Rs 1,033.00 |
| Market Cap | Rs 11,659 crore |
| PE Ratio (TTM) | 29.57 |
| Industry PE | 22.67 |
| Price to Book | 4.54 |
| Return on Equity | 14.42% |
| Debt to Equity | 0.09 |
| EPS (TTM) | Rs 63.06 |
| Dividend Yield | 0.27% |
| 12-Month Base Target | Rs 2,238 |
| Bull Case | Rs 2,681 |
| Downside Risk Level (not a target) | Rs 1,492 |
Why Is VA Tech Wabag Share Price Target Set at Rs 2,238 for 2027?
The arithmetic is short. Trailing EPS of Rs 63.06 grown for one year gives a forward EPS estimate of Rs 75.67, and multiplying it by the unchanged PE of 29.57 gives the Rs 2,238 base-case VA Tech Wabag stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the VA Tech Wabag Target Price: Five Years of Results
VA Tech Wabag grew revenue from Rs 3,012 crore in FY22 to Rs 4,038 crore in FY26, a compound annual growth rate of 7.6%. Net profit grew faster, from Rs 132.06 crore to Rs 369.80 crore (29.4% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 3,011.69 | 132.06 | 21.21 | 0.00 |
| FY23 | 3,014.10 | 11.00 | 2.07 | 0.00 |
| FY24 | 2,899.80 | 250.40 | 39.49 | 0.00 |
| FY25 | 3,338.60 | 294.80 | 46.80 | 4.00 |
| FY26 | 4,038.50 | 369.80 | 58.72 | 5.00 |
FY26 revenue growth was 21.0%, faster than the four-year average of 7.6%, and net profit moved up 25.4%. EPS rose from Rs 39.49 in FY24 to Rs 58.72 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
VA Tech Wabag converted 9.2% of FY26 revenue into net profit, against 8.8% in FY25, within a five-year range of 0.4% to 9.2%. EBITDA margin was 14.1% in FY26 versus 14.1% in FY25.
In the September 2026 quarter, revenue was Rs 1,031 crore, up 17.7% from the same quarter a year earlier, while net profit of Rs 104.50 crore was up 23.2%. EBITDA came in at Rs 155.40 crore, up 18.7% year on year. The next quarterly result is the first test of whether the earnings assumption holds.
Balance Sheet and Cash Flow
Debt to equity stands at 0.09, and shareholders’ equity grew from Rs 1,526 crore in FY22 to Rs 2,574 crore in FY26. Operating cash flow in FY26 was Rs 206.70 crore against capital expenditure of Rs 5.20 crore, leaving free cash flow of Rs 201.50 crore, or 1.7% of the current market capitalisation. In FY25 free cash flow was Rs 350.70 crore.
Valuation Check for the VA Tech Wabag Stock Target: PE, Price to Book and ROE
At a PE of 29.57 against an industry PE of 22.67, VA Tech Wabag trades at a premium to its industry. Price to book is 4.54 on a book value of Rs 410.86 per share, and return on equity is 14.42%. A PE of 29.57 equals an earnings yield of 3.4%, and the FY26 dividend of Rs 5.00 per share gives a yield of 0.27%.
Shareholding Pattern and Institutional Holding
Promoters held 19.03% of VA Tech Wabag in September 2026, and promoter holding has stayed near 19.03% since September 2025. Foreign institutional investors (FII) held 18.75% and domestic institutions (DII) held 5.87%, which puts total institutional holding at 24.62%. FII holding rose from 18.40% in September 2025 to 18.75% in September 2026. Public shareholders own the remaining 56.35%. A meaningful institutional holding adds a layer of research coverage and trading depth.
VA Tech Wabag Share Price Targets for the Short Term and 12 Months
Short Term VA Tech Wabag Stock Target Levels: Technical Setup
At Rs 1,943.10 on 6 November 2026, VA Tech Wabag trades below its 50-day simple moving average of Rs 1,975.42 and above its 200-day exponential moving average of Rs 1,763.25. The 14-day RSI reads 54.6, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 1,975.42 (50-day simple moving average) and the nearest support is Rs 1,763.25 (200-day exponential moving average). A sustained move above Rs 1,975.42 would improve the short-term setup, while a close below Rs 1,763.25 would shift attention to the next support.
12 Month VA Tech Wabag Target Price for 2027
The 12-month target of Rs 2,238 means a move of 15.2% up from Rs 1,943.10 over the next 12 months. It would still leave the stock 3.5% below its 52-week high of Rs 2,319.00. Anyone checking the VA Tech Wabag share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the VA Tech Wabag Target Price
| EPS Growth | PE 23.66 | PE 29.57 | PE 34.01 |
|---|---|---|---|
| 0.0% (EPS Rs 63.06) | Rs 1,492 | Rs 1,865 | Rs 2,145 |
| 20.0% (EPS Rs 75.67) | Rs 1,790 | Rs 2,238 | Rs 2,574 |
| 25.0% (EPS Rs 78.83) | Rs 1,865 | Rs 2,331 | Rs 2,681 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the VA Tech Wabag price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for VA Tech Wabag Stock Target in 2027
Bull Case Rs 2,681
The bull case VA Tech Wabag price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 78.83, and a PE multiple that rises 15% to 34.01. That gives Rs 2,681, 38.0% above the current price and above the 52-week high of Rs 2,319.00, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 1,492
The downside risk level is not a target. It assumes EPS stays flat at Rs 63.06 and the PE falls 20% to 23.66. That gives Rs 1,492, 23.2% below the current price and above the 52-week low of Rs 1,033.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 34.01 | Rs 2,681 | +38.0% |
| Base Case | 20.0% | 29.57 | Rs 2,238 | +15.2% |
| Downside Risk | 0.0% | 23.66 | Rs 1,492 | -23.2% |
Key Risks to the VA Tech Wabag Target Price for 2027
Growth Slowdown Risk for the VA Tech Wabag Price Target
Revenue in the September 2026 quarter was up 17.7% year on year, and FY26 revenue growth was 21.0%. If growth slows from here, the EPS estimate behind the VA Tech Wabag stock target will need revising.
Liquidity and Size Risk
VA Tech Wabag has a market capitalisation of Rs 11,659 crore. Institutional holding is 24.62%, and promoters hold 19.03%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 9.2% in FY26, so a small slip in costs moves profit noticeably. At a PE of 29.57 versus an industry PE of 22.67, a de-rating toward the downside-risk PE of 23.66 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 54.6 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any VA Tech Wabag stock target, however carefully it is built.
How to Invest in VA Tech Wabag
Start with the live price and volume. Any VA Tech Wabag share price target is only as current as the data behind it, and the data here is as of 6 November 2026, so refresh the Rs 1,943.10 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check VA Tech Wabag’s PE, ROE, debt and shareholding in one place.
Check VA Tech Wabag fundamentals on the Univest Screener
Then compare the three VA Tech Wabag target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track VA Tech Wabag live price and get daily stock recommendations.
Conclusion
The VA Tech Wabag share price target for 2027 is Rs 2,238 in the base case, with Rs 2,681 as the bull case. The support for that view is arithmetic you can check: EPS grew 21.9% a year over FY24 to FY26, and the stock trades at a PE of 29.57. The risks are equally concrete, including a PE of 29.57 that sits above the industry PE of 22.67 and a downside scenario that cuts the price 23% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on VA Tech Wabag Share Price Target 2027
What is the VA Tech Wabag share price target for 2027?
Ans. The base-case VA Tech Wabag share price target for 2027 is Rs 2,238, which is 15.2% above the price of Rs 1,943.10 on 6 November 2026. The bull case is Rs 2,681 and the downside risk level, which is not a target, is Rs 1,492. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the VA Tech Wabag share price today?
Ans. As of 6 November 2026, 10:05 AM IST, VA Tech Wabag (NSE: WABAG) trades at Rs 1,943.10, up 4.15% on the day. That is 16.2% below the 52-week high of Rs 2,319.00 and 88.1% above the 52-week low of Rs 1,033.00. The market capitalisation of Rs 11,659 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is VA Tech Wabag a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 21.9% a year over FY24 to FY26 and the base case implies 15.2% upside; on the cautious side, the PE of 29.57 is above the industry PE of 22.67, and the downside risk level of Rs 1,492 is 23% below the current price. Whether VA Tech Wabag fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for VA Tech Wabag shares?
Ans. The bull case in the VA Tech Wabag share price target for 2027 is Rs 2,681, which assumes 25.0% EPS growth and a PE of 34.01, a 15% re-rating from today’s multiple. That is 38.0% above the current price and above the 52-week high of Rs 2,319.00, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,492, which assumes flat EPS and a PE of 23.66, 20% lower than today. It sits 23.2% below the current price and above the 52-week low of Rs 1,033.00, and it marks a risk to watch, not a target.
What are the main risks to the VA Tech Wabag price target?
Ans. Four risks matter most for the VA Tech Wabag share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 11,659 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 23.66 would cut the price even if earnings hold.
What is the PE ratio of VA Tech Wabag and how does it compare with the industry?
Ans. The PE ratio of VA Tech Wabag is 29.57, against an industry PE of 22.67, which is a premium to the industry. Price to book is 4.54 and return on equity is 14.42%, and the PE equals an earnings yield of 3.4%. The base case holds the PE unchanged, so the VA Tech Wabag share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns VA Tech Wabag, and what is the promoter holding?
Ans. Promoters held 19.03% of VA Tech Wabag in September 2026. FII held 18.75%, DII held 5.87% and the public held 56.35%. Together the two institutional groups hold 24.62%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were VA Tech Wabag’s latest quarterly results?
Ans. In the September 2026 quarter, VA Tech Wabag reported revenue of Rs 1,031 crore (up 17.7% year on year) and net profit of Rs 104.50 crore (up 23.2%). For comparison, FY26 full-year revenue growth was 21.0% and net profit moved up 25.4%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.
