Denta Water and Infra Solutions Limited (DENTA)
🎯 Key Takeaways
- Denta Water and Infra Solutions Limited is transitioning from a growth phase into a scaling-up stage, leveraging a robust order book and government infrastructure tailwinds to drive sustained revenue expansion while maintaining financial discipline. The company has demonstrated consistent top-line growth and profitability, supported by strong project execution and improving payment cycles.
- ⚠️ 1) Margin pressure persists despite revenue growth, with management acknowledging near-term constraints despite margin guidance of 25% for FY2
📖 The Story
Denta Water and Infra Solutions Limited is transitioning from a growth phase into a scaling-up stage, leveraging a robust order book and government infrastructure tailwinds to drive sustained revenue expansion while maintaining financial discipline. The company has demonstrated consistent top-line growth and profitability, supported by strong project execution and improving payment cycles.
📰 What's Happening
In FY26, the company achieved 23-25% YoY revenue growth to ₹2,503.8 million, with PAT at ₹609 million and EBITDA at ₹834.9 million, driven by execution across 38 projects and acceleration of Jal Jeevan Mission payments expected from July-August 2026. Management highlighted a target of 20%+ revenue growth for FY27 and an EBITDA margin of 25%, underpinned by a ₹7,278 million order book. Additionally, an audio recording of the Q4 and FY26 results earnings call was made available on June 25, 2026, for investor compliance. Trading restrictions were also imposed on insiders until 48 hours after the unaudited results disclosure.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Q3FY25 |
|---|---|
| Revenue | 51 |
| Operating Profit | 19 |
| OPM % | 35.8% |
| Net Profit | 15 |
| EPS | ₹7.79 |
Revenue has grown consistently over recent quarters, rising from ₹51 crores in Q3FY25 to ₹571.42 crores in Q4 FY26, reflecting strong order book execution and project ramp-up. This growth accelerated to 23-25% YoY in FY26, supported by government infrastructure momentum and improved collections extending to 45-60 days. Despite margin pressure noted in investor commentary, EBITDA margins are guided to reach 25% in FY27, indicating confidence in operational leverage. Profitability remains healthy with PAT at ₹609 million in FY26, and the company continues to operate with a zero-debt profile and strong cash flows.
🔮 Management Outlook & What's Next
Management projects minimum 20% revenue growth for FY27 and targets an EBITDA margin of 25%, citing acceleration of Jal Jeevan Mission payments from July-August 2026 and continued order book expansion. They also expect the order book to improve further by March 2027, signaling sustained momentum in project execution and revenue visibility.
Extracted from official company announcements. Not StockFin.ai's opinion.
⚖️ Peer Comparison — Other Utilities
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| VA Tech Wabag Limited | 8,637 | 34.4 | — | — | — |
| ION Exchange (India) Limited | 5,722 | 26.3 | — | — | — |
| Enviro Infra Engineers Limited | 3,393 | 16.3 | — | — | — |
| EMS Limited | 1,803 | 9.6 | — | — | — |
| Antony Waste Handling Cell Limited | 1,338 | 18.4 | — | — | — |
| Denta Water and Infra Solutions Limited | 702 | 10.7 | — | — | — |
| Concord Enviro Systems Limited | 600 | 11.2 | — | — | — |
| Race Eco Chain Limited | 226 | 37.4 | — | — | — |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1) Margin pressure persists despite revenue growth, with management acknowledging near-term constraints despite margin guidance of 25% for FY27. 2) Extended collection periods of 45-60 days may strain working capital despite improved cycles. 3) Promoter pledging of 1,17,68,979 shares introduces potential downside risk if financing conditions deteriorate. 4) Execution risk remains as order book expansion must translate into timely project delivery and revenue recognition.
📋 Recent Filings
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🔴 Financial Results 29 June 2026Denta Water and Infra Solutions Limited reported a 23% YoY revenue increase to **₹2,503.8 million** in FY26, driven by strong order book execution and...
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Financial Results 26 June 2026Denta Water and Infra Solutions Limited announced that its trading window will close on July 1, 2026, for all designated persons and insiders until 48...
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Financial Results 25 June 2026Denta Water and Infra Solutions Limited announced that the audio recording of its Q4 and FY26 results earnings call held on June 25, 2026, at 12:00 No...
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🔴 Financial Results 25 June 2026Denta Water and Infra Solutions Limited reported FY2026 revenue of **₹2,595.73 crores**, up 24.8% YoY, with profit before tax at **[amount context mis...
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Announcement 24 June 2026No summary available
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Announcement 23 June 2026No summary available
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Financial Results 22 June 2026Denta Water and Infra Solutions Limited announced its Q4 and FY2026 earnings conference call scheduled for June 25, 2026 at 12:00 PM IST to discuss fi...
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🔴 Financial Results 18 June 2026No summary available
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Announcement 17 June 2026Denta Water and Infra Solutions Limited clarified that a recent spike in share trading volume is purely market-driven with no undisclosed material inf...
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Announcement 16 June 2026No summary available
🧠 Analyst's Read
Denta Water and Infra Solutions is positioned for steady growth supported by government infrastructure demand and a strong order book, with improving cash flows and disciplined leverage. Investors should monitor margin trajectory, pledged share levels, and the timing of Jal Jeevan Mission payments to assess near-term execution risks.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-15.
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