India · Delayed Price · Currency is INR ABB India Earnings Call Transcripts
Fiscal Year 2026
-
Orders grew 25% YoY with robust demand in data centers and railways, but profitability was impacted by commodity inflation, rupee depreciation, and supply chain disruptions. Strong order backlog and recent CapEx support future growth, with margin recovery expected as market stabilizes.
Fiscal Year 2025
-
Order intake and backlog reached record highs, with strong growth in electrification, automation, and data centers. Margins remain healthy despite higher material costs, and management guides for continued double-digit growth and robust demand across core and emerging sectors.
-
Base orders and revenue grew in double digits year-over-year, but profitability declined due to higher material costs, QCO certification delays, and forex volatility. Strong cash reserves and a robust order backlog provide revenue visibility, while margin pressures are expected to persist for several quarters.
-
Q2 saw 12% revenue growth and a record order backlog, but margins were pressured by forex losses, higher import content, and one-off costs. Base orders remained strong, while large orders slowed, and management expects market momentum to recover mid-term.
-
Orders and revenues grew modestly year-over-year, with strong export growth and a robust order backlog supporting future visibility. Profitability remained stable, and the company continues to expand its portfolio and capacity while navigating macroeconomic uncertainties.
Fiscal Year 2024
-
Revenue grew 17% and PAT rose 50% year-over-year, with a 12% increase in order backlog and strong cash generation. Key segments like electrification, robotics, and renewables drove growth, while management expects continued positive momentum supported by a robust pipeline.
-
Orders and revenue grew year-over-year, with strong performance in electrification, motion, and robotics segments. Order backlog provides visibility for the next four quarters, supported by robust demand in data centers, renewables, and transport, despite temporary softness in heavy industries.
-
Orders and revenues grew 13% year-over-year, with profit after tax up 50% and operational EBITDA up 64%. Strong order backlog, robust export growth, and margin expansion were driven by operational efficiencies and a favorable revenue mix.