Va Tech Wabag Ltd
Va Tech Wabag Ltd Ringside View: Va Tech Wabag Order pipline flows As ticket size of top 10 client rose 52%, expects growth in revenue of 15-20%and bookings of 20-25% in FY 2014 VA Tech Wabag held a conference call on 24 May 2013 to discuss the financialperformance for the fourth quarter and the fiscal ended March 2013 (FY 2013). The companywas represented by Managing Director Rajiv Mittal and CFO S Varadrajan. Keytakeaways: Order intake of water supply and sewage equipment maker Va Tech Wabag grew 34% to Rs2489 crore in FY 2013. The order book including framework contracts of Rs 1090 crore stoodat Rs 5374 crore. The share of operations and maintenance (O&M) in total revenue was about 16.8% inFY 2013 compared with 14.5% in FY 2012. Slowly the share of the O&M business isgrowing. If this trend continues, the margin will grow. The O&M margin is higher thanthe engineering, procurement and construction (EPC) margin. Capex incurred was Rs 6.92 crore in FY ...