VA Tech Wabag was incorporated as a public limited company called Balcke Durr Cooling Towers on February 17, 1995 at Chennai . The Company received a certificate of commencement of business on March 8, 1995. The name of the Company was changed to Balcke Durr and Wabag Technologies Limited on September 12, 1996 by a special resolution of the members dated July 29, 1996. The name of the Company was further changed to VA Tech Wabag Limited on April 4, 2000 by a special resolution of the members dated March 10, 2000. The company is a multinational player in the water treatment industry with market presence in India, the Middle East, North Africa, Central and Eastern Europe, China and South East Asia through principal offices in India, Austria, the Czech Republic, China, Switzerland, Algeria, Romania, Tunisia, UAE, Libya and Macao.

The company is headquartered in Chennai and conducts global operations through Subsidiaries and branch and representative offices. They share strategic and technical expertise across the Subsidiaries that believe, allow research, operational and marketing synergies. VA Tech offers complete life cycle solutions including conceptualization, design, engineering, procurement, supply, installation, construction and O&M services. They provide a range of EPC and O&M solutions for sewage treatment, processed and drinking water treatment, effluents treatment, sludge treatment, desalination and reuse for institutional clients like municipal corporations and companies in the infrastructure sector such as power, steel and oil and gas companies. As on December 31, 2009, the Company has executed 103 projects and is currently executing 72 projects.

Its subsidiaries:-The company has 13 subsidiaries out of which 11 are indirect ones and 2 are direct one:-

Direct Subsidiaries:-

 * VA Tech Wabag (Gulf) Contracting LLC, Dubai
 * VA Tech Wabag (Singapore) PTE

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Market Cap	1,878 Cr		EPS	19.6		High	316.9
Stock P/E	15.4		Net Profit Margin	5.9		Low	306.05

Market Cap	1,878 Cr	ROE	9.2%
P/E Ratio(TTM)	15.4	EPS(TTM)	23.6
P/B Ratio	1.4	Dividend Yield	0.0%
Industry P/E	62.1	Book Value	212.2
		Face Value	2.0

WABAG