VA Tech Wabag Multibagger and Stock Trading Tips

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VA Tech Wabag Multibagger and Stock Trading Tips
Company Review VA Tech Wabag Limited is an Indian
international business player equipment focused
company which provides a complete range of water
and waste water treatment solutions as. Drinking
water treatment Industrial waste water treatment
Municipal waste water treatment Industrial and
process water treatment Desalination (sea water
and brackish water) Recycling (industrial and
municipal waste water) VA Tech Wabag
proffers nonstop solutions for special
customer needs from side to side a
comprehensive range of services and
pioneering technologies. Its plants make
easy environmentally well-suited wastewater
removal and secure right of entry to clean
drinking water for a mounting number of
people. This allows it to make an important
contribution to environmental protection and
enhanced quality of life Company Financial
View The company has registered robust results
for the quarter ending December2013. The merge
revenue has increased by about 66 percent at Rs
589.30 crore for quarter under review as compared
to Rs.354 crore for the quarter defunct 31
December 2012. VA Tech Wabag business manages
and operated out of India has contributed to
the astral performance. In service profit
climbed sharply by eighty four percent at
about Rs.40.99 crores as against Rs.22.30 crores
in the previous year quarter. The net profit of
the VA Tech Wabag space rocket by about 116
percent at Rs. 21.71 crores as compared to Rs
10.04 crore for the same quarter in the preceding
year. The VA Tech Wabags Multi Domestic Unit
strategy is paying off well. Revenue from
international business for the quarter is at Rs.
358.96 crore against Rs. 177.29 crore, a rise of
102.47 percent y-o-y. Domestic revenue for the
quarter stood at Rs. 239.02 crore against
Rs.176.35 crore, a jump of 35.54 percent
y-o-y. Order inflow for 9MFY14 stood at
Rs.3047.5 crores comprising domestic orders
worth Rs.1844 cr and Rs.1203.5 cr overseas. The
inflow includes EPC orders worth Rs. 2621.3 cr
comprising 86 percent of the
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order inflow while OM orders stood at Rs.426.2
cr representing the remaining 14 percent.
Municipal order inflow was at Rs.2233 cr while
Industrial orders were at Rs. 815 cr. Company
Assessments With asset light model, robust array
pipeline, sturdy balance sheet, headship position
in Indian market and increasing geographical
presence with strong brand image Va Tech Wabag
revenue visibility look well-built. We consider
the company is trading at an attractive valuation
at 17x and 15x of FY14EPS of Rs. 42 and FY15EPS
of Rs.49. VA Tech Wabag Limited is trading at Rs.
710, recommended to buy near Rs. 710-690 levels
for investment horizon it may touch Rs. 850 in a
time period of 3-6 months Bse Id 533269 Nse Id
Wabag For more details on Stock Trading Tips log
on to our website http//www.charanwings.com