VA Tech Wabag announced strong results for Q2FY26, with revenues climbing 19.2% year-on-year and profit after tax increasing by 20.1% to Rs 84.8 crore. The company boasts a robust order book of Rs 16,019.9 crore, up 9.7% YoY, and has secured Rs 3,500 crore in orders in H1FY26. The management expects the second half of the fiscal year to be even stronger, supported by a substantial L1 pipeline and growth in future-energy verticals. Valuations are considered reasonable at approximately 19 times FY27 estimated earnings.