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Water Management Stocks With Strong Order Books to Watch; Enviro Infra, VA Tech Wabag & More

Written by: Neha DubeyUpdated on: 8 Jul 2025, 6:43 pm IST
Here’s how key players like Enviro Infra and VA Tech Wabag are riding the wave of rising water infra demand.
Water Management Stocks With Strong Order Books to Watch; Enviro Infra, VA Tech Wabag & More
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India’s water and wastewater treatment market, valued at $1.56 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 10.05% and reach approximately $3.03 billion by 2029.

The sector’s momentum is being driven by increasing infrastructure demand, government spending, and environmental priorities. With the Ministry of Jal Shakti allocating ₹99,500 crore for water-related initiatives, several companies stand out due to their strong order books and ongoing project pipelines.

Let’s take a look at how some of the leading water management players are positioned in terms of their order book

Order Book of the Top 5 Water Management Companies 

1. Enviro Infra Engineers Ltd

With a market capitalisation of ₹4,082.83 crore, Enviro Infra Engineers Ltd focuses on water and wastewater infrastructure projects across India. As of March 2025, the company reported an order book worth ₹1,185 crore and an operations & maintenance (O&M) portfolio of ₹806 crore. Notably, it has over ₹5,000 crore worth of bids in the pipeline.

Enviro Infra specialises in designing and constructing WTPs, STPs, and CETPs, with capabilities extending to integrated water supply systems.

2. EMS Ltd

EMS Ltd, with a market cap of ₹3,383.21 crore, provides engineering, procurement, and construction (EPC) as well as O&M services in the water and wastewater domain. As of March 2025, the company reported a consolidated unexecuted order book of ₹2,236.4 crore, of which 77% pertains to construction work and 23% to O&M contracts

The company also undertakes electrical transmission and distribution, and manufactures items used in construction.

3. VA Tech Wabag Ltd

VA Tech Wabag Ltd, with a market cap of ₹9,259.56 crore, is a global player in water treatment, operating in the design, installation, and maintenance of drinking water and wastewater treatment plants. As of Q4 FY25, the company reported a robust order book of ₹13,700 crore, with an order backlog of ₹13,666.7 crore.

Its global expertise includes industrial water treatment, desalination, sludge management, and energy production from biogas.

4. Welspun Enterprises Ltd

Welspun Enterprises Ltd holds a market capitalisation of ₹7,143.30 crore and operates across infrastructure verticals including roads, water, and niche technologies. As of March 2025, the company reported a consolidated order book of ₹14,300 crore.

The company executes projects in both EPC and BOT formats and is increasingly focused on municipal and industrial water treatment, sewerage systems, and rural water supply schemes.

Read More: Best Water Management Stocks in July 2025: Denta Water, Va Tech Wabag & More Based on 5-Yr CAGR, Market Cap.

Conclusion

India’s water infrastructure sector has seen growing attention due to policy focus, urban development, and environmental considerations. Companies such as Enviro Infra, VA Tech Wabag, and Welspun Enterprises have reported sizeable order books and are involved in a range of water management projects. Tracking developments in project execution, order inflows, and sector policies can help provide better context for understanding activity in this space.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 8, 2025, 1:09 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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