{"id":219113,"date":"2026-08-26T09:55:58","date_gmt":"2026-08-26T04:25:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=219113"},"modified":"2026-08-26T09:55:59","modified_gmt":"2026-08-26T04:25:59","slug":"water-sector-stocks-india-future-roadmaps-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/","title":{"rendered":"5 Water Sector Stocks in India with Strong Future Roadmaps as Jal Jeevan Mission, Industrial Effluent Treatment, and Water Recycling Drive Growth"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>India water treatment market FY26: Rs 18,000 Cr+. Va Tech Wabag MCap Rs 12,497 Cr &#8212; largest. Va Tech Wabag ROE 14.42% &#8212; highest. Ion Exchange PE 52.77. Sector PE 24-31. India water recycling market growing at 20% per year. 5 picks: VATECHWAB, IONEXCHANGE, THERMAX, WPIL, EMS.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Five water sector stocks in India with strong future roadmaps are Va Tech Wabag, Ion Exchange India, Thermax, WPIL Limited, and EMS Limited. India&#8217;s water treatment and purification sector is driven by the government&#8217;s Jal Jeevan Mission for clean drinking water, industrial effluent treatment compliance mandates, and the growing industrial water recycling market. Va Tech Wabag is the largest water sector stock by market cap at Rs 12,497 crore with the highest ROE at 14.42%. The sector PE at 24-31 reflects moderate valuation for a high-growth infrastructure services sector.<\/p>\n<\/div>\n<p>India&#8217;s water sector is at the intersection of two powerful policy mandates: the government&#8217;s Jal Jeevan Mission providing clean drinking water to all households, and the National Green Tribunal&#8217;s industrial effluent discharge norms forcing factories to install Zero Liquid Discharge (ZLD) systems. Water sector stocks benefit from both the government-funded infrastructure side and the compliance-driven private industrial side of this Rs 18,000+ crore market.<\/p>\n<p>For investors, water sector stocks at sector PE 24-31 offer moderate valuations for a structurally growing, policy-supported sector. Va Tech Wabag at PE 31.70 and Ion Exchange at PE 52.77 represent different positioning within the water treatment value chain. All price and fundamental data is as of 25 August 2026.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=water-sector-stocks-india-future-roadmaps-2026\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#What_Are_Water_Sector_Stocks_in_India\" title=\"What Are Water Sector Stocks in India?\">What Are Water Sector Stocks in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#Budget_2026-27_Impact_on_Water_Sector_Stocks\" title=\"Budget 2026-27 Impact on Water Sector Stocks\">Budget 2026-27 Impact on Water Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#5_Water_Sector_Stocks_in_India_to_Watch_in_2026\" title=\"5 Water Sector Stocks in India to Watch in 2026\">5 Water Sector Stocks in India to Watch in 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#1_Va_Tech_Wabag_NSE_VATECHWAB\" title=\"1. Va Tech Wabag (NSE: VATECHWAB)\">1. Va Tech Wabag (NSE: VATECHWAB)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#2_Ion_Exchange_India_NSE_IONEXCHANGE\" title=\"2. Ion Exchange India (NSE: IONEXCHANGE)\">2. Ion Exchange India (NSE: IONEXCHANGE)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#3_Thermax_NSE_THERMAX\" title=\"3. Thermax (NSE: THERMAX)\">3. Thermax (NSE: THERMAX)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#4_WPIL_Limited_NSE_WPIL\" title=\"4. WPIL Limited (NSE: WPIL)\">4. WPIL Limited (NSE: WPIL)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#5_EMS_Limited_NSE_EMS\" title=\"5. EMS Limited (NSE: EMS)\">5. EMS Limited (NSE: EMS)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#What_Factors_Affect_Water_Sector_Stocks\" title=\"What Factors Affect Water Sector Stocks?\">What Factors Affect Water Sector Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#Benefits_of_Investing_in_Water_Sector_Stocks\" title=\"Benefits of Investing in Water Sector Stocks\">Benefits of Investing in Water Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#Risks_to_Consider_Before_Investing\" title=\"Risks to Consider Before Investing\">Risks to Consider Before Investing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_to_Choose_Water_Sector_Stocks\" title=\"How to Choose Water Sector Stocks\">How to Choose Water Sector Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_to_Invest_in_Water_Sector_Stocks_in_India\" title=\"How to Invest in Water Sector Stocks in India\">How to Invest in Water Sector Stocks in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#FAQs_on_Water_Sector_Stocks_in_India_2026\" title=\"FAQs on Water Sector Stocks in India 2026\">FAQs on Water Sector Stocks in India 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#Which_are_the_top_5_water_sector_stocks_in_India_in_2026\" title=\"Which are the top 5 water sector stocks in India in 2026?\">Which are the top 5 water sector stocks in India in 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#What_is_Zero_Liquid_Discharge_and_why_is_it_driving_demand_for_water_sector_stocks\" title=\"What is Zero Liquid Discharge and why is it driving demand for water sector stocks?\">What is Zero Liquid Discharge and why is it driving demand for water sector stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_does_Va_Tech_Wabags_international_business_reduce_risk_compared_to_domestic_water_sector_stocks\" title=\"How does Va Tech Wabag&#8217;s international business reduce risk compared to domestic water sector stocks?\">How does Va Tech Wabag&#8217;s international business reduce risk compared to domestic water sector stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#What_is_ion_exchange_resin_and_why_is_it_important_for_Ion_Exchange_India\" title=\"What is ion exchange resin and why is it important for Ion Exchange India?\">What is ion exchange resin and why is it important for Ion Exchange India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_does_the_Jal_Jeevan_Mission_benefit_water_sector_stocks\" title=\"How does the Jal Jeevan Mission benefit water sector stocks?\">How does the Jal Jeevan Mission benefit water sector stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_does_Thermax_combine_water_treatment_with_its_energy_and_environment_businesses\" title=\"How does Thermax combine water treatment with its energy and environment businesses?\">How does Thermax combine water treatment with its energy and environment businesses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/water-sector-stocks-india-future-roadmaps-2026\/#How_do_I_invest_in_water_sector_stocks_in_India\" title=\"How do I invest in water sector stocks in India?\">How do I invest in water sector stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Water_Sector_Stocks_in_India\"><\/span><strong>What Are Water Sector Stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Water sector stocks are shares in companies that design, build, operate, and maintain water treatment, wastewater treatment, effluent treatment, and desalination plants. India&#8217;s listed water sector includes Va Tech Wabag (municipal and industrial water treatment EPC), Ion Exchange India (ion exchange resins, water purification chemicals, and ZLD systems), Thermax (industrial water and energy solutions), WPIL Limited (pumps and water infrastructure), and EMS Limited (water treatment project developer). These water sector stocks serve municipal corporations, industrial clients, power plants, and government bodies requiring water treatment compliance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Budget_2026-27_Impact_on_Water_Sector_Stocks\"><\/span><strong>Budget 2026-27 Impact on Water Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=water-sector-stocks-india-future-roadmaps-2026\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<ul>\n<li><strong>Jal Jeevan Mission Rs 3.6 lakh crore for rural water supply:<\/strong> The mission funds water treatment plants, distribution networks, and household connections across India&#8217;s 6 lakh villages, creating direct demand for water sector stocks&#8217; EPC and equipment capabilities.<\/li>\n<li><strong>AMRUT 2.0 for urban sewage treatment:<\/strong> Rs 2.77 lakh crore AMRUT 2.0 funds sewage treatment plants (STPs) in 500 urban areas, creating large project opportunities for water sector stocks with STP capabilities.<\/li>\n<li><strong>NGT Zero Liquid Discharge mandate for industries:<\/strong> NGT orders requiring ZLD (no effluent discharge) for textile, pharmaceutical, chemical, and sugar industries create mandatory capex demand for industrial water sector stocks.<\/li>\n<li><strong>Coastal cities desalination programme:<\/strong> Water-scarce coastal cities (Chennai, Mumbai, Kochi) are investing in seawater desalination. Large-scale desalination projects are technically complex and suited for water sector stocks like Va Tech Wabag.<\/li>\n<li><strong>River rejuvenation programmes (Namami Gange):<\/strong> Rs 30,000+ crore Namami Gange programme funds STPs along the Ganga basin, creating sewage treatment and waterway restoration demand for water sector stocks.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"5_Water_Sector_Stocks_in_India_to_Watch_in_2026\"><\/span><strong>5 Water Sector Stocks in India to Watch in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse;\" border=\"1\" cellspacing=\"0\" cellpadding=\"8\">\n<thead>\n<tr style=\"background: #1F4E79; color: #ffffff;\">\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Market Cap (Rs Cr)<\/th>\n<th>P\/E Ratio<\/th>\n<th>ROE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/vatechwab\/va-tech-wabag-ltd-share-price-today\">Va Tech Wabag<\/a><\/td>\n<td>2,002<\/td>\n<td>12,497<\/td>\n<td>31.70<\/td>\n<td>14.42%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/ionexchange\/ion-exchange-india-ltd-share-price-today\">Ion Exchange India<\/a><\/td>\n<td>371<\/td>\n<td>5,433<\/td>\n<td>52.77<\/td>\n<td>9.96%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/thermax\/thermax-ltd-share-price-today\">Thermax<\/a><\/td>\n<td>3,800<\/td>\n<td>18,000<\/td>\n<td>40.00<\/td>\n<td>15.00%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/wpil\/wpil-ltd-share-price-today\">WPIL Limited<\/a><\/td>\n<td>1,200<\/td>\n<td>1,000<\/td>\n<td>18.00<\/td>\n<td>12.00%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/ems\">EMS Limited<\/a><\/td>\n<td>450<\/td>\n<td>500<\/td>\n<td>22.00<\/td>\n<td>10.00%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-size: 12px; color: #555; margin-top: 4px;\">Data as of 25 August 2026. For 52-week high\/low, verify at nseindia.com before making any investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Va_Tech_Wabag_NSE_VATECHWAB\"><\/span><strong>1. Va Tech Wabag (NSE: VATECHWAB)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Va Tech Wabag is India&#8217;s largest water sector stock and a global water treatment specialist, executing municipal drinking water, wastewater treatment, and industrial effluent treatment projects in India, the Middle East, Africa, and Southeast Asia. Founded in 1996 (India operations) and headquartered in Chennai, the company is the Indian subsidiary of Vienna-based WABAG group. Market cap is Rs 12,497 crore at CMP Rs 2,002. PE is 31.70, ROE is 14.42% &#8212; the highest among water sector stocks &#8212; and D\/E is 0.09, near debt-free. Va Tech Wabag&#8217;s international order book from Middle East and Africa reduces dependence on India&#8217;s government tender timing. For investors in water sector stocks who want the most technically capable, geographically diversified, and financially conservative water treatment EPC company, Va Tech Wabag is the sector benchmark.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Ion_Exchange_India_NSE_IONEXCHANGE\"><\/span><strong>2. Ion Exchange India (NSE: IONEXCHANGE)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ion Exchange India is the most chemically differentiated water sector stock, manufacturing ion exchange resins (used in water softening, demineralisation), specialty chemicals for water treatment, and executing ZLD and industrial water recycling projects. Founded in 1964 and headquartered in Mumbai, the company&#8217;s proprietary resin manufacturing capability is India&#8217;s most significant domestic advantage in water treatment chemicals. Market cap is Rs 5,433 crore at CMP Rs 371. PE is 52.77, ROE is 9.96%, and D\/E is 0.29. Ion Exchange&#8217;s chemicals business provides a recurring, non-project revenue stream that provides stability beyond the lumpy EPC order book. For investors in water sector stocks who want a specialty chemical-plus-project company with India&#8217;s only domestic ion exchange resin manufacturing, Ion Exchange offers differentiated positioning.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for Live Fundamental Data on These Stocks<\/strong><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Thermax_NSE_THERMAX\"><\/span><strong>3. Thermax (NSE: THERMAX)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Thermax is a diversified industrial engineering company and a water sector stock through its significant water and wastewater treatment business segment alongside energy (boilers, heat exchangers) and environment (air pollution control) offerings. Founded in 1966 and headquartered in Pune, the company provides industrial water treatment, ZLD systems, and effluent management to chemical, pharma, textile, and power plant clients. Market cap is approximately Rs 18,000 crore at an estimated CMP of Rs 3,800. PE approximately 40, ROE approximately 15%, and D\/E approximately 0.10. Thermax&#8217;s industrial client relationships across energy, environment, and water create cross-sell opportunities that pure water-only companies lack. For investors in water sector stocks who want a diversified industrial engineering company with water treatment as a growing vertical, Thermax provides complementary exposure. Note: verify exact fundamentals at nseindia.com.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_WPIL_Limited_NSE_WPIL\"><\/span><strong>4. WPIL Limited (NSE: WPIL)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>WPIL Limited is a water infrastructure company specialising in pumping solutions, irrigation pump stations, and water supply project execution for municipal and irrigation clients. Founded in 1952 and headquartered in Kolkata, the company designs, installs, and maintains large-scale pumping systems for drinking water supply, irrigation networks, and flood control. Market cap is approximately Rs 1,000 crore at an estimated CMP of Rs 1,200. PE approximately 18, ROE approximately 12%, and D\/E approximately 0.30. WPIL&#8217;s pump infrastructure business provides recurring maintenance and operational revenue alongside project revenue. For investors in water sector stocks who want a pump and water infrastructure specialist with recurring maintenance income from installed pump stations, WPIL offers a more stable revenue mix than pure EPC water treatment companies. Note: verify exact fundamentals at nseindia.com.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track live prices and expert research.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_EMS_Limited_NSE_EMS\"><\/span><strong>5. EMS Limited (NSE: EMS)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>EMS Limited is a small-cap water sector stock executing water supply, sewage treatment, and solid waste management projects in Tier-2 and Tier-3 Indian cities, primarily under Smart City Mission and state government contracts. Founded in 2002 and headquartered in Indore, the company has a growing order book from municipal contracts in Madhya Pradesh, Rajasthan, and other states. Market cap is approximately Rs 500 crore at an estimated CMP of Rs 450. PE approximately 22, ROE approximately 10%, and D\/E approximately 0.40. EMS&#8217;s municipal focus provides government-backed, steady order flow from the Smart City and AMRUT programmes. For investors in water sector stocks who want a small-cap municipal water and waste management company with Central India market focus, EMS is a higher-risk, high-growth option. Note: verify exact fundamentals at nseindia.com.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Factors_Affect_Water_Sector_Stocks\"><\/span><strong>What Factors Affect Water Sector Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Jal Jeevan Mission and AMRUT project award pace:<\/strong> Water sector stocks&#8217; order intake depends on government agencies awarding water treatment and supply contracts. Delays in project award tenders directly affect order book growth.<\/li>\n<li><strong>NGT industrial effluent compliance deadlines:<\/strong> NGT compliance timelines for ZLD mandate create forced industrial capex. When enforcement is strict, water sector stocks see improved industrial client demand; when it lapses, demand softens.<\/li>\n<li><strong>Government water sector budget allocation in Union Budget:<\/strong> Annual budget allocation to water supply, sanitation, and river rejuvenation determines the overall project pipeline available to water sector stocks.<\/li>\n<li><strong>Working capital management on government projects:<\/strong> Water sector stocks executing government EPC contracts often face 60-90 day payment delays. Strong banking relationships and bid bonds are required to sustain working capital during government payment lag.<\/li>\n<li><strong>Technology upgradation in ZLD and advanced treatment:<\/strong> Water sector stocks with advanced ZLD (zero liquid discharge), membrane technology, and desalination capabilities earn higher-margin contracts than standard sewage treatment plant executors.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Benefits_of_Investing_in_Water_Sector_Stocks\"><\/span><strong>Benefits of Investing in Water Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Mandatory government compliance creating non-discretionary demand:<\/strong> Jal Jeevan Mission and NGT mandates create non-discretionary demand for water treatment. Government cannot withdraw these programmes without political and legal consequence, making demand for water sector stocks structurally protected.<\/li>\n<li><strong>Rs 3.6 lakh crore Jal Jeevan Mission creating decade-long project pipeline:<\/strong> The mission&#8217;s rural water supply component alone creates a decade-long project pipeline. Water sector stocks with government certification can participate in this enormous demand pool.<\/li>\n<li><strong>Industrial ZLD mandate creating Rs 5,000+ crore annual compliance market:<\/strong> Industries facing NGT ZLD compliance deadlines must install ZLD systems regardless of capital cycle. This compliance-driven demand is inelastic for certified water sector stocks.<\/li>\n<li><strong>Export market in Middle East and Africa for water-scarce regions:<\/strong> Va Tech Wabag&#8217;s Middle East and Africa export business demonstrates that Indian water technology companies are globally competitive. Export revenue diversifies water sector stocks beyond India&#8217;s government procurement timing.<\/li>\n<li><strong>Recurring chemical and maintenance revenue stabilising earnings:<\/strong> Ion Exchange&#8217;s chemical business and WPIL&#8217;s pump maintenance contracts provide recurring revenue that smooths the lumpy EPC project cycle for these water sector stocks.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing\"><\/span><strong>Risks to Consider Before Investing<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Government payment delays creating working capital stress:<\/strong> Water sector stocks executing large municipal EPC projects face 3-6 month payment delays from government clients. Extended delays create significant working capital stress for smaller water sector stocks.<\/li>\n<li><strong>Competition from larger EPC companies:<\/strong> L&amp;T, Tata Projects, and other large EPC conglomerates can enter water treatment EPC at scale, competing directly with water-specialist stocks in large-ticket government tenders.<\/li>\n<li><strong>NGT compliance deadline extensions reducing urgency:<\/strong> When NGT extends ZLD compliance deadlines for industries, the urgency of industrial capex for water treatment reduces, lowering near-term demand for industrial water sector stocks.<\/li>\n<li><strong>Technology obsolescence in water treatment:<\/strong> New membrane technologies, advanced oxidation, and AI-powered water monitoring are changing the technology landscape. Water sector stocks must continuously invest in R&amp;D to remain competitive in high-specification projects.<\/li>\n<li><strong>Small-cap liquidity risk for WPIL and EMS:<\/strong> WPIL (approximately Rs 1,000 crore MCap) and EMS (approximately Rs 500 crore MCap) are small-cap water sector stocks with limited trading liquidity, creating price volatility and exit risk for investors.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Water_Sector_Stocks\"><\/span><strong>How to Choose Water Sector Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>PE near or below sector average of 24-31:<\/strong> Va Tech Wabag (31.70) is near sector average. WPIL (approximately 18) and EMS (approximately 22) are below. Ion Exchange (52.77) commands specialty chemical premium. Thermax (approximately 40) commands industrial diversification premium.<\/li>\n<li><strong>ROE above 10%:<\/strong> Va Tech Wabag (14.42%), Thermax (approximately 15%), WPIL (approximately 12%), and Ion Exchange (9.96%) are near or above this threshold. Stronger ROE indicates better capital efficiency in a government contract environment.<\/li>\n<li><strong>Near-zero debt (D\/E below 0.3x):<\/strong> Va Tech Wabag (0.09) and Thermax (approximately 0.10) are near debt-free &#8212; essential for government EPC companies that carry large project-related working capital needs.<\/li>\n<li><strong>International order book above 20%:<\/strong> Va Tech Wabag&#8217;s international orders (Middle East, Africa, North Africa) provide revenue independent of India&#8217;s government tender timing. International diversification is a quality differentiator for water sector stocks.<\/li>\n<li><strong>Specialty chemical revenue for recurring income:<\/strong> Ion Exchange&#8217;s chemical revenue provides non-project recurring income. Water sector stocks with recurring chemical or maintenance revenue have more stable earnings than pure-play EPC contractors.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Water_Sector_Stocks_in_India\"><\/span><strong>How to Invest in Water Sector Stocks in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Step 1: Open a SEBI-registered demat account. Univest offers zero-brokerage broking with integrated research, so you can screen, research, and invest in water sector stocks from one platform.<\/p>\n<p>Step 2: Use the Univest Screener to filter the sector by PE, ROE, D\/E, and revenue growth. This gives you a ranked snapshot of all listed water sector companies.<\/p>\n<p>Step 3: Review financial statements of your shortlist. Look at three-year revenue trends, net profit margins, and operating cash flows. Single-quarter numbers are not a sufficient basis for long-term allocation in this sector.<\/p>\n<p>Step 4: Decide on position size based on your risk tolerance. High-growth water sector stocks carry more volatility than diversified blue-chips. Diversify across two or three names rather than concentrating in one.<\/p>\n<p>Step 5: Set price alerts and monitor quarterly results. The Univest app lets you track analyst views and set real-time alerts so you stay informed on order inflows, margin trends, and management guidance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The five water sector stocks covered here, Va Tech Wabag, Ion Exchange India, Thermax, WPIL, and EMS, represent India&#8217;s water treatment sector from global municipal treatment specialists to industrial ZLD experts and pump infrastructure providers. Jal Jeevan Mission, NGT compliance mandates, and water scarcity imperatives create structural non-discretionary demand. Government payment timing and competition from large EPC conglomerates are the key risks. Consult a SEBI-registered investment advisor before making any investment decisions.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Water_Sector_Stocks_in_India_2026\"><\/span><strong>FAQs on Water Sector Stocks in India 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_top_5_water_sector_stocks_in_India_in_2026\"><\/span><strong>Which are the top 5 water sector stocks in India in 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The top 5 water sector stocks in India as of August 2026 are Va Tech Wabag (VATECHWAB), Ion Exchange India (IONEXCHANGE), Thermax (THERMAX), WPIL Limited (WPIL), and EMS Limited (EMS). Va Tech Wabag is the largest by market cap at Rs 12,497 crore with the highest ROE at 14.42%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Zero_Liquid_Discharge_and_why_is_it_driving_demand_for_water_sector_stocks\"><\/span><strong>What is Zero Liquid Discharge and why is it driving demand for water sector stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Zero Liquid Discharge (ZLD) is a water treatment process where all industrial wastewater is treated and recycled until there is no effluent discharge into the environment. NGT (National Green Tribunal) has mandated ZLD compliance for textile, pharma, sugar, and chemical industries near sensitive water bodies. ZLD systems cost Rs 5-50 crore per installation depending on scale. This mandatory compliance requirement is driving industrial capex for water sector stocks that can design and commission ZLD plants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Va_Tech_Wabags_international_business_reduce_risk_compared_to_domestic_water_sector_stocks\"><\/span><strong>How does Va Tech Wabag&#8217;s international business reduce risk compared to domestic water sector stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Va Tech Wabag&#8217;s Middle East (UAE, Saudi Arabia, Oman) and Africa (Egypt, Tunisia, Algeria) operations provide order book diversification from India&#8217;s government tender timing. Middle Eastern desalination contracts are driven by sovereign oil-revenue-funded water security programmes &#8212; these are reliably funded and professionally managed. When India&#8217;s domestic tender awards are slow, Va Tech Wabag&#8217;s international business sustains execution and revenue. This global diversification is a structural quality advantage over purely domestic water sector stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_ion_exchange_resin_and_why_is_it_important_for_Ion_Exchange_India\"><\/span><strong>What is ion exchange resin and why is it important for Ion Exchange India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ion exchange resin is a polymeric material that selectively removes specific ions (calcium, magnesium, sodium, heavy metals) from water through a chemical exchange process. It is the core technology in water softeners, demineralisation plants, and some ZLD systems. Ion Exchange India is India&#8217;s only domestic manufacturer of ion exchange resin &#8212; an import-substitution advantage that gives it a protected market position. The resin business requires annual replenishment (resins have a service life of 3-7 years), creating a recurring revenue stream.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_Jal_Jeevan_Mission_benefit_water_sector_stocks\"><\/span><strong>How does the Jal Jeevan Mission benefit water sector stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Jal Jeevan Mission provides tap water connections to all 19+ crore rural households. Each village connection requires a water source (tubewell or river intake), a water treatment plant (WTP) for purification, overhead storage tanks, and a distribution pipeline. Water treatment plants are the core competency of water sector stocks. Large states with significant JJM programme execution (UP, Bihar, MP, Rajasthan) require hundreds of WTPs of varying capacities. Water sector stocks with government certification for JJM projects participate in this demand pool.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Thermax_combine_water_treatment_with_its_energy_and_environment_businesses\"><\/span><strong>How does Thermax combine water treatment with its energy and environment businesses?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thermax serves industrial clients who typically have three simultaneous needs: energy (steam generation, heat recovery), environment compliance (air pollution control, effluent treatment), and water (ZLD, recycling). Thermax bundles these three capabilities into integrated industrial solutions. For example, a textile mill needs a boiler (energy), an ETP (environment), and a ZLD system (water) &#8212; Thermax can supply all three under one contract. This integrated offering creates higher-value, longer-relationship contracts than pure water-only stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_invest_in_water_sector_stocks_in_India\"><\/span><strong>How do I invest in water sector stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> To invest in water sector stocks, open a demat account with a SEBI-registered broker, filter by PE vs sector average, ROE, debt level, international order book share, and chemical vs EPC revenue mix. Monitor Jal Jeevan Mission state-wise completion data, NGT compliance deadlines, and quarterly order inflow announcements. Consult a SEBI-registered investment advisor before investing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India water treatment market to reach Rs 30,000 crore by 2028. Discover 5 water sector stocks in India with strong future roadmaps in treatment and purification.<\/p>\n","protected":false},"author":28,"featured_media":219112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[4226,5280],"class_list":["post-219113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-water-sector-stocks","tag-water-sector-stocks-in-india"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["219112"],"_edit_lock":["1787718362:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["86"],"rank_math_title":["5 Water Sector Stocks India 2026: Strong Future Roadmaps"],"rank_math_description":["India water treatment market to reach Rs 30,000 crore by 2028. Discover 5 water sector stocks in India with strong future roadmaps in treatment and purification."],"rank_math_focus_keyword":["water sector stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_edit_last":["28"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["39950"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/water-sector-stocks-india-future-roadmaps-2026.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=219113"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219113\/revisions"}],"predecessor-version":[{"id":219254,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/219113\/revisions\/219254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/219112"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=219113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=219113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=219113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}