Denta Water and Infra Solutions Limited — Q4 FY26
Denta Water reported Q4 FY26 revenue from operations of ₹55.3 crore, a modest 2.2% YoY increase, while PAT stood at ₹6.9 crore.
neutral
medium
✓ Verified against BSE filing
Claim Ledger
Did management answer the analysts?
Every material analyst question, graded on whether management actually answered it — with the verbatim exchange and quantitative claims checked against filed numbers.
54%Questions answered4Evaded / deflected12Questions auditedContradictedNumbers vs filing
Partial answer
High priority
Update on El Nino, order flow trajectory, and government payment status.
Asked by Himanchu, MB Investment
Management gave general optimism but no concrete numbers or timeline for order flow or payment status.
no specific order flow trajectory givenvague timeline for payments
Read the exchange
Question
I just wanted to know the update on what is happening with the El Nino situation. Are we getting in more orders and is there like a trajectory where the order flow is going to significantly jump and the other question is update on the payment status from government projects.
Manish Shetti (Managing Director)
We this year as a new government has formed we are aggressively looking for the work orders and we'll try to achieve more turnover than last year and we are aggressively bidding for five to six tenders in coming quarter.
Answered
Medium priority
Key business risks and mitigation plans.
Asked by Rohit Warma, VHMA Associates
Management identified specific risk (petroleum price) and described mitigation (negotiation, senior personnel).
Read the exchange
Question
What do you see as the key business risk going forward and how are you planning to mitigate them?
Unnamed (likely CFO or senior management)
Business risk is not much since we are all committed projects and probably there will be the risk which we are forcing is due to Iran US war there was shortage of petroleum products our 20 to 30% of the raw material is UPVC and HTP pipe which are dependent on petroleum product.
Partial answer
High priority
Order inflow for FY27 and execution from current order book.
Asked by Pages Kandelwal, Prudent Equity
Management gave order book value but did not quantify expected inflow or execution breakdown.
no specific order inflow guidancedeferred to future announcements
Read the exchange
Question
I wanted to ask the order inflow for FY27 and what kind of orders can we execute from the current order book in this financial year?
Unnamed (likely CFO or senior management)
Right now our outstanding order book is 7277.76 million and as we informed earlier we are trying to bag new orders which are basically in water sector.
Answered
High priority
Revenue guidance for FY27.
Asked by Pages Kandelwal, Prudent Equity
Management gave a specific quantitative guidance of 20% revenue growth.
Read the exchange
Question
Can you give the guidance of execution in FY27? How much can we execute?
Unnamed (likely CFO or senior management)
There will be 20% growth in revenue that is the minimum revenue projections which we are having.
Evasive
High priority
Margin normalization outlook given crude normalization.
Asked by Pages Kandelwal, Prudent Equity
Management did not address margin normalization directly, instead discussed project mix.
no specific margin guidancereframed to profit mix
Read the exchange
Question
On the margin side as we are able to see that the crude has started to normalize again. So can we look at the margin normalization orient in this financial year?
Unnamed (likely CFO or senior management)
We always try to achieve a good profit mix. If we bag high value work orders, profit margins will be long and sustained. If we do go for small projects, profit margins will be marginalized.
Partial answer
Medium priority
Reason for decline in execution run rate in Q3 and Q4.
Asked by Mrica, Fire Capital
Management cited war impact but did not quantify effect on execution or provide clear reason for decline.
blamed external factors without specificsno detailed explanation of execution decline
Read the exchange
Question
The last two quarters we've seen a decline in our execution. Any sort of issues? Why this has happened?
Unnamed (likely CFO or senior management)
The third quarter and fourth quarter was affected due to the war incident the payments were little bit in a rational way but anyway as compared to last year quarter fourth quarter and this year quarter we have increased by 12.
Evasive
High priority
Expectation for government payments and execution scenario.
Asked by Mrica, Fire Capital
Management gave general optimism but no concrete data on payment recovery or current execution status.
no specific timeline for payment normalizationvague reference to election year
Read the exchange
Question
Do you see the government payments coming back on track? How is the execution scenario on ground going on right now?
Unnamed (likely CFO or senior management)
As the government is aggressively pushing on the payment as another two years the government is going to the election year and they are more focused on infrastructure development.
Evasive
High priority
Margin outlook and whether 32% margin is sustainable.
Asked by Mrica, Fire Capital
Management did not answer whether 32% margin is sustainable, deferred to later.
no margin guidance givendeferred to future announcement
Read the exchange
Question
This year we saw a bit of a dip in margins because of the last quarter. So how do you see the margins shaping out with the current going back to the 32% level?
Unnamed (likely CFO or senior management)
We strive to build the old profit which we were trying to pick it up since almost June is coming to an end. We'll shortly announce what are our projection.
Answered
Medium priority
Number of orders under Amrut and Jal Jeevan Mission.
Asked by Rahul Kumar, Individual Investor
Management provided specific numbers of orders and project value.
Read the exchange
Question
How many order under Amrut and Jal Jeevan Mission you have got?
Unnamed (likely CFO or senior management)
We have got one order under Amrut. It's 232 cr water supply project. And we have got four projects under Jal Jeevan Mission.
Answered
High priority
Timeline for liquidation of working capital stuck in assets.
Asked by Shaf Hussein, Individual Investor
Management gave a specific timeline (Dec-Jan) and percentage (60%) for liquidation.
Read the exchange
Question
I noticed that 126 cr in other asset item and 190 cr inventory and 50 cr receivables total 295 cr is stuck in working capital. Could you provide the clear timeline of liquidation of these assets?
Unnamed (likely CFO or senior management)
In the month of December and January we hope to liquidate majority of the amount. Around 60% around 200 cr we try to achieve that.
Evasive
High priority
Expected profit for FY27 given 25-30% growth guidance.
Asked by Shaf Hussein, Individual Investor
Management declined to provide profit guidance despite earlier revenue growth guidance.
no profit guidance givenrefused to commit to a number
Read the exchange
Question
Your FY26 total profit is 61 crores. Can we expect your FY27 profit of around 79 to 80 crores?
Unnamed (likely CFO or senior management)
That depends on the project implementation, investment on raw materials and definitely I can't commit on any absolute terms of figures but we try to maintain good healthy profits.
Answered
High priority
Margin guidance for current year after drop to 19%.
Asked by Sachin Abyanka, Individual Investor
Management gave a specific margin guidance range of 25-30%.
Read the exchange
Question
What would be the margin guidance you're going to give for the current year because you already on 33% to 19%?
Unnamed (likely CFO or senior management)
We'll try to maintain roughly about 30%. 25 to 30% roughly we will try to maintain that.
Quantitative claims vs filed numbers
| Claim | Management said | Filing | Verdict |
|---|---|---|---|
| 20% growth in revenue is minimum projection | 20% | 2.2% | Overstated vs filing |
| Revenue from operations increased by 12 crores | ₹12 cr | ₹55.31 cr | Understated vs filing |
| Revenue from operations FY26: 553.12 million | 553.12 | 55.31 | Overstated vs filing |
| Revenue from operations FY25: 541.52 million | 541.52 | 55.31 | Overstated vs filing |
| Total revenue FY26: 572.18 million | 572.18 | 55.31 | Overstated vs filing |
| Total revenue FY25: 572.18 million | 572.18 | 55.31 | Overstated vs filing |
| Margin guidance 25-30% | 30% | 19.29% | Overstated vs filing |
Filed figures sourced from Screener.in. Claims within a small tolerance of the filing are marked “matches filing”.