VA Tech Wabag vs Techno Electric and Engineering: Share Price, Comparison and Key Differences
- August 11, 2026
- Posted by: Kunal Singla
- Category: News
VA Tech Wabag MCap Rs 12,215 Cr, PE 33.03x, ROE 14.42%, D/E 0.09. Techno Electric and Engineering MCap Rs 12,399 Cr, PE 26.16x, ROE 11.40%, D/E 0.02.
VA Tech Wabag vs Techno Electric and Engineering is a comparison niche EPC investors look up when evaluating two similarly-sized listed Indian EPC companies in water and power. VA Tech Wabag is a Chennai-based water treatment EPC company that designs and builds water and wastewater treatment plants for municipal utilities, industrial clients and governments. Techno Electric and Engineering Company is a Kolkata-based power and renewable energy EPC company building substations, transmission lines, power plant balance-of-plant systems and wind/solar EPC infrastructure. VA Tech Wabag vs Techno Electric are nearly equal-sized niche EPC companies with complementary specialisations.
This VA Tech Wabag vs Techno Electric and Engineering article covers reach and market position, key products, latest declared results and stock valuation. The VA Tech Wabag vs Techno Electric and Engineering data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.
VA Tech Wabag vs Techno Electric and Engineering: Reach and Market Position
On the VA Tech Wabag side of the VA Tech Wabag vs Techno Electric and Engineering comparison, VA Tech Wabag executes water treatment EPC contracts for municipal utilities, industrial plants and governments in India, Middle East and Africa. Market capitalisation is Rs 12,215 Cr.
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On the Techno Electric and Engineering side of the VA Tech Wabag vs Techno Electric and Engineering comparison, Techno Electric executes power transmission substation EPC, power plant BOP and renewable energy EPC for NTPC, PGCIL and state utilities. Market capitalisation is Rs 12,399 Cr.
VA Tech Wabag vs Techno Electric and Engineering: Key Products and Business Mix
In the VA Tech Wabag vs Techno Electric and Engineering product comparison, VA Tech Wabag offers: VA Tech Wabag earns from water treatment plant EPC contracts and long-term O&M service contracts. EPS is Rs 59.25. PE is 33.03x, ROE 14.42 percent, D/E 0.09.
For Techno Electric and Engineering in this VA Tech Wabag vs Techno Electric and Engineering breakdown: Techno Electric earns from power transmission EPC, substation construction and renewable energy project EPC. EPS is Rs 40.75. PE is 26.16x, ROE 11.40 percent, D/E 0.02.
VA Tech Wabag vs Techno Electric and Engineering: Latest Results
The VA Tech Wabag vs Techno Electric and Engineering results for VA Tech Wabag: VA Tech Wabag has a market cap of Rs 12,215 Cr and PE of 33.03x. ROE is 14.42 percent. VA Tech Wabag is a global water treatment leader in emerging markets.
The VA Tech Wabag vs Techno Electric and Engineering results for Techno Electric and Engineering: Techno Electric has a market cap of Rs 12,399 Cr and PE of 26.16x. ROE is 11.40 percent. Techno Electric is cheaper on PE with near-zero debt.
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VA Tech Wabag vs Techno Electric and Engineering: Stock and Valuation
The VA Tech Wabag vs Techno Electric and Engineering stock comparison uses the latest available market data from Groww. Investors tracking VA Tech Wabag vs Techno Electric and Engineering should verify current prices on NSE or BSE before trading.
VA Tech Wabag vs Techno Electric at current valuations: VA Tech Wabag trades at Rs 12,215 Cr market cap, PE 33.03x, ROE 14.42 percent. Techno Electric trades at Rs 12,399 Cr market cap, PE 26.16x, ROE 11.40 percent. VA Tech Wabag has higher ROE; Techno Electric is cheaper on PE. Both are similarly sized niche EPC companies.
VA Tech Wabag vs Techno Electric and Engineering: Quick Comparison Table
The VA Tech Wabag vs Techno Electric and Engineering comparison table below summarises the key metrics covered in this article side by side.
| Parameter | VA Tech Wabag | Techno Electric and Engineering |
|---|---|---|
| Sector | Water and wastewater treatment EPC (global emerging markets) | Power transmission substation + renewable energy EPC (India) |
| Market Cap | Rs 12,215 Cr | Rs 12,399 Cr |
| P/E Ratio | 33.03x | 26.16x |
| ROE | 14.42% | 11.40% |
| Debt to Equity | 0.09 | 0.02 |
| Dividend | 0.26% | 0.66% |
| Geography | India, Middle East, Africa, Europe | India (domestic focus) |
Conclusion
The VA Tech Wabag vs Techno Electric and Engineering comparison above covers the key data points on reach, products, results and valuation. VA Tech Wabag vs Techno Electric and Engineering covers two nearly identically-sized niche EPC companies. VA Tech Wabag is a premium-priced water treatment specialist with global reach. Techno Electric is a cheaper-PE power infrastructure EPC company with near-zero debt. VA Tech Wabag vs Techno Electric investors should review order inflows, execution pace, O&M revenue quality for Wabag and power sector capex for Techno Electric. VA Tech Wabag vs Techno Electric represent different EPC niches – consult a SEBI-registered advisor for personalised guidance.
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Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. 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).
Frequently Asked Questions
What does VA Tech Wabag do?
Ans. VA Tech Wabag designs, builds and operates water and wastewater treatment plants for municipal utilities, industries (steel, pharma, food) and governments in India, Middle East, Africa and Europe. It offers EPC, DBO (Design-Build-Operate) and O&M service models.
What does Techno Electric do?
Ans. Techno Electric and Engineering constructs power transmission substations (220 kV to 765 kV), overhead and underground transmission lines, power plant BOP (Balance of Plant) systems and renewable energy infrastructure for NTPC, PGCIL and state utilities.
What is a water treatment plant?
Ans. A water treatment plant removes impurities from raw water (from rivers, lakes or groundwater) to make it suitable for drinking or industrial use. Wastewater treatment plants clean industrial or sewage effluent before discharge or reuse.
Does VA Tech Wabag pay dividends?
Ans. Yes. VA Tech Wabag pays a small dividend yield of approximately 0.26 percent.
Which is larger, VA Tech Wabag or Techno Electric?
Ans. Both are essentially the same size – VA Tech Wabag at Rs 12,215 Cr and Techno Electric at Rs 12,399 Cr are nearly identical in market capitalisation.
Are VA Tech Wabag and Techno Electric in Nifty 50?
Ans. Neither is in Nifty 50. Both are tracked in smaller indices.
Are water treatment EPC companies well-positioned?
Ans. India has a large government water infrastructure programme (Jal Jeevan Mission, AMRUT) creating significant demand for water treatment plants. VA Tech Wabag is a direct beneficiary.
