{"id":294044,"date":"2026-10-08T10:49:48","date_gmt":"2026-10-08T05:19:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=294044"},"modified":"2026-10-08T10:49:48","modified_gmt":"2026-10-08T05:19:48","slug":"water-and-pipe-infrastructure-stocks-strong-roadmap","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/","title":{"rendered":"3 Water and Pipe Infrastructure Stocks With a Strong Future Roadmap: VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>VA Tech Wabag Rs 1,998.30, P\/E 31.72. Technocraft Ventures Rs 486.40, P\/E 42.65. Hi-Tech Pipes Rs 73.90, P\/E 19.91. Closing prices of 7 Oct 2026.<\/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;\">Water and pipe infrastructure stocks with the clearest long-term roadmaps today include VA Tech Wabag in water and wastewater treatment plants and desalination, Technocraft Ventures in water supply, wastewater and sewerage projects for state governments and Hi-Tech Pipes in steel tubes and pipes for infrastructure and construction. FY26 revenue growth was 21.0% at VA Tech Wabag, 23.5% at Technocraft Ventures and 36.9% at Hi-Tech Pipes. P\/E stands at 31.72 for VA Tech Wabag (industry 23.47), 42.65 for Technocraft Ventures (industry 23.15) and 19.91 for Hi-Tech Pipes (industry 23.32). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Water and pipe infrastructure stocks give investors exposure to firms that build treatment plants, sewerage networks and make the pipes that carry water and other fluids. Results depend on government spending, order inflow and payment cycles, which is why cash discipline matters as much as headline growth.<\/p>\n<p>This list covers three water project contractor stocks: VA Tech Wabag for water and wastewater treatment plants and desalination, Technocraft Ventures for water supply, wastewater and sewerage projects for state governments and Hi-Tech Pipes for steel tubes and pipes for infrastructure and construction. Every figure comes from the latest reported financials and the 7 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=water-and-pipe-infrastructure-stocks-strong-roadmap\"><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-and-pipe-infrastructure-stocks-strong-roadmap\/#What_Are_Water_and_Pipe_Infrastructure_Stocks\" title=\"What Are Water and Pipe Infrastructure Stocks?\">What Are Water and Pipe Infrastructure Stocks?<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#Water_and_Pipe_Infrastructure_Stocks_at_a_Glance\" title=\"Water and Pipe Infrastructure Stocks at a Glance\">Water and Pipe Infrastructure Stocks at a Glance<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#Why_Do_Water_and_Pipe_Infrastructure_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Water and Pipe Infrastructure Stocks Have a Strong Roadmap in India?\">Why Do Water and Pipe Infrastructure Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#VA_Tech_Wabag_Water_and_Wastewater_Treatment_Plants_Anchor_the_Roadmap\" title=\"VA Tech Wabag: Water and Wastewater Treatment Plants Anchor the Roadmap\">VA Tech Wabag: Water and Wastewater Treatment Plants Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Technocraft_Ventures_Water_Supply_and_Sewerage_Projects_Drive_the_Pipeline\" title=\"Technocraft Ventures: Water Supply and Sewerage Projects Drive the Pipeline\">Technocraft Ventures: Water Supply and Sewerage Projects Drive the Pipeline<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Hi-Tech_Pipes_Steel_Tubes_and_Pipes_Build_the_Next_Leg\" title=\"Hi-Tech Pipes: Steel Tubes and Pipes Build the Next Leg\">Hi-Tech Pipes: Steel Tubes and Pipes Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Best_Water_and_Pipe_Infrastructure_Stocks_in_India_VA_Tech_Wabag_vs_Technocraft_Ventures_vs_Hi-Tech_Pipes_on_Key_Financials\" title=\"Best Water and Pipe Infrastructure Stocks in India: VA Tech Wabag vs Technocraft Ventures vs Hi-Tech Pipes on Key Financials\">Best Water and Pipe Infrastructure Stocks in India: VA Tech Wabag vs Technocraft Ventures vs Hi-Tech Pipes on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#How_to_Evaluate_Water_Treatment_and_Pipe_Maker_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Water Treatment and Pipe Maker Stocks to Buy Before You Invest\">How to Evaluate Water Treatment and Pipe Maker Stocks to Buy Before You Invest<\/a><\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#Risks_to_Consider_Before_Investing_in_Water_and_Pipe_Infrastructure_Stocks\" title=\"Risks to Consider Before Investing in Water and Pipe Infrastructure Stocks\">Risks to Consider Before Investing in Water and Pipe Infrastructure 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-and-pipe-infrastructure-stocks-strong-roadmap\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#FAQs_on_Water_and_Pipe_Infrastructure_Stocks\" title=\"FAQs on Water and Pipe Infrastructure Stocks\">FAQs on Water and Pipe Infrastructure Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Which_are_the_best_water_and_pipe_infrastructure_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best water and pipe infrastructure stocks in India with a strong roadmap?\">Which are the best water and pipe infrastructure stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Is_VA_Tech_Wabag_a_good_stock_to_buy_now\" title=\"Is VA Tech Wabag a good stock to buy now?\">Is VA Tech Wabag a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#What_is_the_PE_ratio_of_VA_Tech_Wabag_Technocraft_Ventures_and_Hi-Tech_Pipes\" title=\"What is the P\/E ratio of VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes?\">What is the P\/E ratio of VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#Which_of_these_water_and_pipe_infrastructure_stocks_has_the_highest_return_on_equity\" title=\"Which of these water and pipe infrastructure stocks has the highest return on equity?\">Which of these water and pipe infrastructure stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/water-and-pipe-infrastructure-stocks-strong-roadmap\/#What_are_the_risks_of_investing_in_water_and_pipe_infrastructure_stocks\" title=\"What are the risks of investing in water and pipe infrastructure stocks?\">What are the risks of investing in water and pipe infrastructure stocks?<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#How_did_VA_Tech_Wabag_Technocraft_Ventures_and_Hi-Tech_Pipes_perform_in_Q1_FY27\" title=\"How did VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes perform in Q1 FY27?\">How did VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes perform in Q1 FY27?<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#Do_water_and_pipe_infrastructure_stocks_pay_dividends\" title=\"Do water and pipe infrastructure stocks pay dividends?\">Do water and pipe infrastructure stocks pay dividends?<\/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-and-pipe-infrastructure-stocks-strong-roadmap\/#How_can_I_invest_in_water_and_pipe_infrastructure_stocks_in_India\" title=\"How can I invest in water and pipe infrastructure stocks in India?\">How can I invest in water and pipe infrastructure stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Water_and_Pipe_Infrastructure_Stocks\"><\/span><strong>What Are Water and Pipe Infrastructure Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Water and pipe infrastructure stocks are shares of companies that design and build water treatment plants, sewerage networks and steel pipes. Results depend on public spending, order inflow, payment cycles, steel costs and operating margin, so a deep order book and tidy working capital separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Water_and_Pipe_Infrastructure_Stocks_at_a_Glance\"><\/span><strong>Water and Pipe Infrastructure Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three water and pipe infrastructure stocks as of the 7 October 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/wabag\/va-tech-wabag-ltd-share-price-today\">VA Tech Wabag<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,998.30<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,503<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.47<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.42%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.09<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/technocraf\/technocraft-ventures-ltd-share-price-today\">Technocraft Ventures<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">486.40<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,848<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.51%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/hitech\/hi-share-price-today\">Hi-Tech Pipes<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">73.90<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,500<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.91<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.32<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.71%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.20<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among water project contractor stocks, Hi-Tech Pipes trades below the industry P\/E, while VA Tech Wabag and Technocraft Ventures trade at a premium to the industry multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Water_and_Pipe_Infrastructure_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Water and Pipe Infrastructure Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Water and pipe infrastructure stocks have a strong roadmap in India because piped water and sewerage programmes are expanding, cities need wastewater treatment and industry is adding water recycling. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Piped water programmes:<\/strong> Government schemes fund new supply networks.<\/li>\n<li><strong>Wastewater treatment:<\/strong> Cities and industry must treat and reuse water.<\/li>\n<li><strong>Pipe demand:<\/strong> Infrastructure projects use steel tubes and pipes.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"VA_Tech_Wabag_Water_and_Wastewater_Treatment_Plants_Anchor_the_Roadmap\"><\/span><strong>VA Tech Wabag: Water and Wastewater Treatment Plants Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>VA Tech Wabag&#8217;s roadmap rests on water and wastewater treatment plants and desalination, with municipal and industrial orders supporting its order book.<\/p>\n<p>Revenue grew from Rs 3,011.69 crore in FY22 to Rs 4,038.50 crore in FY26, a 34.1% rise, and FY26 revenue was 21.0% higher than FY25. FY26 net profit rose 25.4% to Rs 369.80 crore. Over four years, net profit rose from Rs 132.06 crore in FY22 to Rs 369.80 crore. In Q1 FY27, revenue grew 26.0% to Rs 938.80 crore, and net profit rose 36.9% to Rs 90.10 crore. Operating margin was 14.39% in FY26 and 15.45% in Q1 FY27 against 14.56% a year earlier.<\/p>\n<p>Debt to equity is 0.09 and return on equity is 14.42%. FY26 operating cash flow was Rs 206.70 crore against capital expenditure of Rs 5.20 crore. VA Tech Wabag paid a dividend of Rs 5 per share for FY26, a yield of 0.25%. At a P\/E of 31.72 against an industry P\/E of 23.47, the stock trades above its industry multiple.<\/p>\n<p>What to watch: FY26 net profit growth of 25.4% needs to continue through the next quarters to support a P\/E of 31.72. The P\/E of 31.72 sits above the industry P\/E of 23.47, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Technocraft_Ventures_Water_Supply_and_Sewerage_Projects_Drive_the_Pipeline\"><\/span><strong>Technocraft Ventures: Water Supply and Sewerage Projects Drive the Pipeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technocraft Ventures&#8217; roadmap rests on water supply, wastewater and sewerage projects for state governments, with public infrastructure spending supporting orders.<\/p>\n<p>FY26 revenue was Rs 347.00 crore, 23.5% higher than FY25. FY26 net profit rose 53.6% to Rs 43.31 crore. In Q1 FY27, revenue grew 2.5% to Rs 93.20 crore, and net profit rose 14.5% to Rs 10.69 crore. Operating margin was 21.13% in FY26 and 19.96% in Q1 FY27 against 17.53% a year earlier.<\/p>\n<p>Debt to equity is 0.55 and return on equity is 26.51%. FY26 operating cash flow was Rs 28.70 crore against capital expenditure of Rs 1.65 crore. At a P\/E of 42.65 against an industry P\/E of 23.15, the stock trades above its industry multiple.<\/p>\n<p>What to watch: Q1 FY27 net profit growth of 14.5% is well below the 53.6% of FY26, and a market cap of Rs 1,848 Cr means the share price can swing sharply. The P\/E of 42.65 sits above the industry P\/E of 23.15, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hi-Tech_Pipes_Steel_Tubes_and_Pipes_Build_the_Next_Leg\"><\/span><strong>Hi-Tech Pipes: Steel Tubes and Pipes Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Hi-Tech Pipes&#8217; roadmap rests on steel tubes and pipes for infrastructure and construction, with new capacity and higher volumes lifting revenue.<\/p>\n<p>Revenue grew from Rs 1,879.78 crore in FY22 to Rs 4,202.66 crore in FY26, a 123.6% rise, and FY26 revenue was 36.9% higher than FY25. FY26 net profit rose 4.4% to Rs 76.16 crore. Over four years, net profit rose from Rs 40.33 crore in FY22 to Rs 76.16 crore. In Q1 FY27, revenue grew 78.4% to Rs 1,413.36 crore, and net profit fell 4.2% to Rs 20.04 crore. Operating margin was 4.19% in FY26 and 3.53% in Q1 FY27 against 5.30% a year earlier.<\/p>\n<p>Debt to equity is 0.20 and return on equity is 5.71%. FY26 operating cash flow was Rs 3.32 crore against capital expenditure of Rs 169.94 crore. At a P\/E of 19.91 against an industry P\/E of 23.32, the stock trades below its industry multiple.<\/p>\n<p>What to watch: FY26 capex of Rs 169.94 Cr was above operating cash flow of Rs 3.32 Cr, and the Q1 FY27 operating margin of 3.53% was below the 5.30% of a year earlier. Q1 FY27 net profit was 4.2% lower than a year earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Water_and_Pipe_Infrastructure_Stocks_in_India_VA_Tech_Wabag_vs_Technocraft_Ventures_vs_Hi-Tech_Pipes_on_Key_Financials\"><\/span><strong>Best Water and Pipe Infrastructure Stocks in India: VA Tech Wabag vs Technocraft Ventures vs Hi-Tech Pipes on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best water and pipe infrastructure stocks in India, Technocraft Ventures leads on FY26 operating margin and return on equity; Hi-Tech Pipes leads on Q1 FY27 revenue growth and five-year revenue growth. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">VA Tech Wabag<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Technocraft Ventures<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Hi-Tech Pipes<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,038.50<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">347.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,202.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">23.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">369.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">43.31<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">76.16<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">53.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating profit margin<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.39%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.13%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.19%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 revenue growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">78.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Q1 FY27 net profit growth (YoY)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">36.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">-4.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.42%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.51%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">P\/E ratio<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.91<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.09<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.55<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.20<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Dividend yield<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.25%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.00%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 operating cash flow (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">206.70<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.70<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.32<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Water and pipe earnings follow government spending and order inflow, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Water_Treatment_and_Pipe_Maker_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Water Treatment and Pipe Maker Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen water and pipe infrastructure stocks and shortlist water treatment and pipe maker stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which differs by stock.<\/li>\n<li>Track operating margin across several quarters, because input costs can move faster than prices.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read operating cash flow against capital expenditure to see how growth is funded.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these water and pipe infrastructure stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Water_and_Pipe_Infrastructure_Stocks\"><\/span><strong>Risks to Consider Before Investing in Water and Pipe Infrastructure Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Payment cycles:<\/strong> Delayed government payments tie up working capital.<\/li>\n<li><strong>Thin margins:<\/strong> Hi-Tech Pipes&#8217; operating margin is about 4% to 5%.<\/li>\n<li><strong>Cash flow:<\/strong> Hi-Tech Pipes&#8217; operating cash flow of Rs 3.32 Cr was far below its capex of Rs 169.94 Cr.<\/li>\n<li><strong>Valuation:<\/strong> Technocraft Ventures trades at 42.65 times earnings against an industry multiple of 23.15.<\/li>\n<\/ul>\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&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three water treatment and pipe maker stocks cover water and wastewater treatment, water supply and sewerage projects, and steel tubes and pipes. Technocraft Ventures leads on FY26 operating margin and return on equity; Hi-Tech Pipes leads on Q1 FY27 revenue growth and five-year revenue growth.<\/p>\n<p>Across water project contractor stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the water treatment and pipe maker stocks to buy discussed here.<\/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<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Water_and_Pipe_Infrastructure_Stocks\"><\/span><strong>FAQs on Water and Pipe Infrastructure Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_water_and_pipe_infrastructure_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best water and pipe infrastructure stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes stand out for their roadmaps in water treatment, sewerage projects and steel pipes. FY26 revenue growth was 21.0% at VA Tech Wabag, 23.5% at Technocraft Ventures and 36.9% at Hi-Tech Pipes, and return on equity ranges from 5.71% to 26.51%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_VA_Tech_Wabag_a_good_stock_to_buy_now\"><\/span><strong>Is VA Tech Wabag a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> VA Tech Wabag has a debt to equity ratio of 0.09, a return on equity of 14.42% and a P\/E of 31.72 against an industry P\/E of 23.47. Payment cycles, thin margins and cash flow move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_VA_Tech_Wabag_Technocraft_Ventures_and_Hi-Tech_Pipes\"><\/span><strong>What is the P\/E ratio of VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 31.72 for VA Tech Wabag (industry 23.47), 42.65 for Technocraft Ventures (industry 23.15) and 19.91 for Hi-Tech Pipes (industry 23.32). Only VA Tech Wabag and Technocraft Ventures trade at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_water_and_pipe_infrastructure_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these water and pipe infrastructure stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Technocraft Ventures has the highest return on equity at 26.51%, followed by VA Tech Wabag at 14.42% and Hi-Tech Pipes at 5.71%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_water_and_pipe_infrastructure_stocks\"><\/span><strong>What are the risks of investing in water and pipe infrastructure stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slow government payments, thin margins at one firm, weak cash flow and a premium valuation at another. Hi-Tech Pipes&#8217; operating margin is about 4% to 5%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_VA_Tech_Wabag_Technocraft_Ventures_and_Hi-Tech_Pipes_perform_in_Q1_FY27\"><\/span><strong>How did VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> VA Tech Wabag reported revenue of Rs 938.80 crore, up 26.0% year on year, and net profit rose 36.9% to Rs 90.10 crore. Technocraft Ventures reported revenue of Rs 93.20 crore, up 2.5% year on year, and net profit rose 14.5% to Rs 10.69 crore. Hi-Tech Pipes reported revenue of Rs 1,413.36 crore, up 78.4% year on year, and net profit fell 4.2% to Rs 20.04 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_water_and_pipe_infrastructure_stocks_pay_dividends\"><\/span><strong>Do water and pipe infrastructure stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend payouts differ across the three companies. The dividend yield is 0.25% for VA Tech Wabag, 0.00% for Technocraft Ventures and 0.00% for Hi-Tech Pipes, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_water_and_pipe_infrastructure_stocks_in_India\"><\/span><strong>How can I invest in water and pipe infrastructure stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy water and pipe infrastructure stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best water and pipe infrastructure stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes stand out for their roadmaps in water treatment, sewerage projects and steel pipes. FY26 revenue growth was 21.0% at VA Tech Wabag, 23.5% at Technocraft Ventures and 36.9% at Hi-Tech Pipes, and return on equity ranges from 5.71% to 26.51%.\"}},{\"@type\":\"Question\",\"name\":\"Is VA Tech Wabag a good stock to buy now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"VA Tech Wabag has a debt to equity ratio of 0.09, a return on equity of 14.42% and a P\/E of 31.72 against an industry P\/E of 23.47. Payment cycles, thin margins and cash flow move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.\"}},{\"@type\":\"Question\",\"name\":\"What is the P\/E ratio of VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The P\/E ratio is 31.72 for VA Tech Wabag (industry 23.47), 42.65 for Technocraft Ventures (industry 23.15) and 19.91 for Hi-Tech Pipes (industry 23.32). Only VA Tech Wabag and Technocraft Ventures trade at or above the industry multiple.\"}},{\"@type\":\"Question\",\"name\":\"Which of these water and pipe infrastructure stocks has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Technocraft Ventures has the highest return on equity at 26.51%, followed by VA Tech Wabag at 14.42% and Hi-Tech Pipes at 5.71%.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in water and pipe infrastructure stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are slow government payments, thin margins at one firm, weak cash flow and a premium valuation at another. 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The dividend yield is 0.25% for VA Tech Wabag, 0.00% for Technocraft Ventures and 0.00% for Hi-Tech Pipes, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in water and pipe infrastructure stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy water and pipe infrastructure stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":29,"featured_media":294041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[9939,9938,5720,9936,9937],"class_list":["post-294044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-hi-tech-pipes","tag-technocraft-ventures","tag-va-tech-wabag","tag-water-and-pipe-infrastructure-stocks","tag-water-treatment-and-pipe-maker-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["294041"],"rank_math_title":["Water and Pipe Infrastructure Stocks: VA Tech Wabag, Technocraft"],"rank_math_description":["Water and pipe infrastructure stocks with a strong roadmap: VA Tech Wabag, Technocraft Ventures and Hi-Tech Pipes compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["water and pipe infrastructure stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-water-and-pipe-infrastructure-stocks-with-a-strong-future-roadmap-va-tech.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294044","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\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=294044"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294044\/revisions"}],"predecessor-version":[{"id":294045,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/294044\/revisions\/294045"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/294041"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=294044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=294044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=294044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}