Reported Earnings • May 09
First quarter 2026 earnings released: EPS: ₹16.14 (vs ₹22.37 in 1Q 2025) First quarter 2026 results: EPS: ₹16.14 (down from ₹22.37 in 1Q 2025). Revenue: ₹32.8b (up 3.9% from 1Q 2025). Net income: ₹3.42b (down 28% from 1Q 2025). Profit margin: 10% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
ABB India Limited to Report Q1, 2026 Results on May 08, 2026 ABB India Limited announced that they will report Q1, 2026 results at 3:30 PM, Indian Standard Time on May 08, 2026 Upcoming Dividend • Apr 23
Upcoming dividend of ₹29.59 per share Eligible shareholders must have bought the stock before 30 April 2026. Payment date: 08 June 2026. Payout ratio is a comfortable 50% and the cash payout ratio is 85%. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.3%). Reported Earnings • Apr 10
Full year 2025 earnings released: EPS: ₹78.78 (vs ₹88.46 in FY 2024) Full year 2025 results: EPS: ₹78.78 (down from ₹88.46 in FY 2024). Revenue: ₹132.0b (up 8.3% from FY 2024). Net income: ₹16.7b (down 11% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Feb 24
Price target increased by 9.6% to ₹5,782 Up from ₹5,276, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹6,056. Stock is up 14% over the past year. The company is forecast to post earnings per share of ₹91.97 for next year compared to ₹78.78 last year. Announcement • Feb 20
ABB India Limited, Annual General Meeting, May 09, 2026 ABB India Limited, Annual General Meeting, May 09, 2026, at 11:00 Indian Standard Time. Location: disha, plot no. 5 & 6, 2nd stage, peenya, industrial area iv, peenya, bengaluru - 560 058, bengaluru India Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: ₹78.78 (vs ₹88.46 in FY 2024) Full year 2025 results: EPS: ₹78.78 (down from ₹88.46 in FY 2024). Revenue: ₹135.6b (up 11% from FY 2024). Net income: ₹16.7b (down 11% from FY 2024). Profit margin: 12% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 19
ABB India Limited Recommends Final Dividend for the Financial Year Ended December 31, 2025, Payable on May 29, 2026 ABB India Limited at its board of directors meeting held on February 19, 2026 approved the recommendation of final dividend of INR 29.59 per share (Rupees Twenty-Nine and Fifty-Nine Paisa only), i.e., (1480%) on 21,19,08,375 Equity Shares of face value of INR 2/- each fully paid up for the financial year ended December 31, 2025, subject to shareholders' approval at the ensuing Annual General Meeting. The dividend, if declared at the 76th Annual General Meeting, will be paid/dispatched after May 09, 2026, to those Shareholders or their mandates whose names appear as Members in the Company/s Register of Members as holders of Equity Shares as at the end of the business hours on May 02, 2026 being the record date. For shares held in electronic form, the dividend will be paid to those names who appear as Beneficial Owners as at the end of the business hours on May 02, 2026 as per details to be furnished by National Securities Depository Ltd. and Central Depository Services (India) Ltd. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹5,474, the stock trades at a forward P/E ratio of 63x. Average forward P/E is 33x in the Electrical industry in India. Total returns to shareholders of 96% over the past three years. Announcement • Jan 20
ABB India Limited Announces Executive Changes, Effective January 19, 2026 ABB India Limited announced that the Fixed Term Contract for employment with Mr. Moonish Ghuge, Local Division President – MOTR, who is senior managerial personnel of the Company as per SEBI Listing Regulations, is foreclosed vide letter dated January 19, 2026. Mr. Ghuge is relieved of his duties with immediate effect from January 19, 2026. In view of the above and to ensure continuity of leadership Mr. Roger Buchmann, Global Product Line Manager, Traction packages has been nominated as the Ad-Interim head for the MOTR division of the Company, effective January 19, 2026, until a suitable successor is identified and appointed by the Company. Roger Buchmann is a railway industry executive with 27+ years of global experience across engineering, sales, operations, and P&L leadership. He has a proven track record of driving double-digit growth, leading M&A initiatives, and building high-performing international teams. He is a strategic thinker with strong customer focus and change management expertise. He is a seasoned leader in the rail sector and is currently the Global Product Line Manager for Propulsion Packages at ABB. With over two decades at ABB, Buchmann has led sales, operations, and strategic initiatives, including as Head of Sales for Traction Converters and Operations Manager in Guangzhou, China. He holds master’s degrees in electrical engineering and economics from ETH Zürich and expertise in sustainable rail technologies. His previous roles include Global Product Line Manager Rail OEM ABB Switzerland Ltd. (2014 – Present), Global Head of Mass Transit Converter ABB Switzerland Ltd. (2011 – 2014), Operations Manager ABB Engineering (Shanghai) Ltd. (2008 – 2011), Head of Sales Auxiliary converters ABB Switzerland Ltd. (2005 – 2007), Sales Manager Auxiliary converters ABB Switzerland Ltd. (2002 – 2005), and Development Engineer, Project Manager ABB Switzerland Ltd. (1998 – 2002). His educational qualifications include Postgraduate Studies, Business Administration, ETH Zürich, Switzerland (2000 – 2002) and Master, Electrical Engineering, ETH Zürich, Switzerland (1993 - 1998). Announcement • Dec 12
ABB India Limited to Report Q4, 2025 Results on Feb 19, 2026 ABB India Limited announced that they will report Q4, 2025 results on Feb 19, 2026 Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: ₹19.30 (vs ₹20.79 in 3Q 2024) Third quarter 2025 results: EPS: ₹19.30 (down from ₹20.79 in 3Q 2024). Revenue: ₹33.9b (up 17% from 3Q 2024). Net income: ₹4.09b (down 7.2% from 3Q 2024). Profit margin: 12% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year. Announcement • Sep 11
ABB India Limited to Report Q3, 2025 Results on Nov 06, 2025 ABB India Limited announced that they will report Q3, 2025 results on Nov 06, 2025 Price Target Changed • Aug 07
Price target decreased by 7.4% to ₹5,632 Down from ₹6,081, the current price target is an average from 22 analysts. New target price is 10% above last closing price of ₹5,119. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₹83.86 for next year compared to ₹88.46 last year. Announcement • Aug 04
ABB India Limited Declares Interim Dividend for the Financial Year 2025, Payable on or Before August 31, 2025 The Board of Directors of ABB India Limited at its Meeting held on August 02, 2025, declared an interim dividend of INR 9.77 per share (Rupees Nine and Seventy Seven paisa only) i.e.(488.50%) on 21,19,08,375 equity shares of face value of INR 2/- each fully paid up for the financial year 2025. The interim dividend will be paid on or before August 31, 2025 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on August 08, 2025. New Risk • Aug 03
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 107% Dividend yield: 0.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (56% accrual ratio). Minor Risk Dividend is not well covered by cash flows (107% cash payout ratio). Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: ₹16.62 (vs ₹20.89 in 2Q 2024) Second quarter 2025 results: EPS: ₹16.62 (down from ₹20.89 in 2Q 2024). Revenue: ₹31.8b (up 12% from 2Q 2024). Net income: ₹3.52b (down 21% from 2Q 2024). Profit margin: 11% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. Announcement • Jun 14
ABB India Limited to Report Q2, 2025 Results on Aug 02, 2025 ABB India Limited announced that they will report Q2, 2025 results at 12:15 PM, Indian Standard Time on Aug 02, 2025 Announcement • Jun 12
ABB India Limited Approves Dividend for the Financial Year Ended December 31, 2024 ABB India Limited at its AGM held on May 10, 2025 approved Dividend of INR 33.50 (Rupees Thirty-Three and Fifty Paise only) (i.e. 1,675%) per Equity Share of the face value of INR 2 each for the financial year ended December 31, 2024. The Board of Directors be declared and that the said Dividend be distributed out of the profits for the year ended December 31, 2024. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: ₹22.37 (vs ₹21.70 in 1Q 2024) First quarter 2025 results: EPS: ₹22.37 (up from ₹21.70 in 1Q 2024). Revenue: ₹32.5b (up 5.6% from 1Q 2024). Net income: ₹4.74b (up 3.2% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 33% per year. Upcoming Dividend • Apr 25
Upcoming dividend of ₹33.50 per share Eligible shareholders must have bought the stock before 02 May 2025. Payment date: 09 June 2025. Payout ratio is a comfortable 50% and the cash payout ratio is 84%. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (0.4%). Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: ₹88.46 (vs ₹58.90 in FY 2023) Full year 2024 results: EPS: ₹88.46 (up from ₹58.90 in FY 2023). Revenue: ₹121.9b (up 17% from FY 2023). Net income: ₹18.7b (up 50% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Mar 14
ABB India Limited to Report Q1, 2025 Results on May 09, 2025 ABB India Limited announced that they will report Q1, 2025 results on May 09, 2025 Announcement • Feb 22
ABB India Limited Launches New Modular 'LIORA' Switch Range at ELECRAMA 2025 ABB India Limited launched its new range of 'LIORA' modular switches at ELECRAMA 2025. Designed for smart residential, commercial, and hospitality spaces, 'LIORA' switches are engineered to set new benchmarks in the modular switch industry. This new range of switches, sockets, and Miniature Circuit Breakers (MCBs) seamlessly integrates modern technology, with superior safety, performance and aesthetics. ABB's latest addition to its Indian portfolio of modular switches and accessories is 'Made in India' as per the Bureau of Indian Standards (BIS). Designed for diverse environments, LIORA delivers unmatched style and functionality, making it the ideal choice for urban interiors. Crafted with smooth edges for a perfect wall fit, LIORA delivers the latest offerings with a wide variety of functions, including different switches, socket outlets, electronic products, charging sockets (A+C type USB), electronicbell, key card switches, etc. It is the ideal solution for both upgrades and new installations, offering reliability, efficiency, and style. LIORA is available in multiple color options, including glossy Moon White and matte Stone Grey finishes, among others, making it perfect for residential, commercial, and hospitality segments. Announcement • Feb 19
ABB India Limited Recommends Final Dividend for the Financial Year Ended December 31, 2024, Payable After May 10, 2025 The board of directors of ABB India Limited at its meeting held on February 17, 2025, recommended final dividend of INR 33.50 per share, i.e., (1,675%) on 211,908,375 Equity Shares of face value of INR 2/- each fully paid up for the financial year ended December 31, 2024, subject to shareholders' approval at the upcoming Annual General Meeting. The dividend, if declared at the 75th Annual General Meeting, will be paid/dispatched after May 10, 2025, to those Shareholders or their mandates whose names appear as Members in the Company/s Register of Members as holders of Equity Shares as at the end of the business hours on May 3, 2025. For shares held in electronic form, the dividend will be paid to those names who appear as Beneficial Owners as at the end of the business hours on May 3, 2025 as per details to be furnished by National Securities Depository Ltd. and Central Depository Services (India) Ltd. Declared Dividend • Feb 19
Final dividend of ₹33.50 announced Shareholders will receive a dividend of ₹33.50. Ex-date: 2nd May 2025 Payment date: 9th June 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 31% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 18
Full year 2024 earnings released: EPS: ₹88.46 (vs ₹58.90 in FY 2023) Full year 2024 results: EPS: ₹88.46 (up from ₹58.90 in FY 2023). Revenue: ₹121.9b (up 17% from FY 2023). Net income: ₹18.7b (up 50% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 35% per year. Announcement • Dec 13
ABB India Limited to Report Q4, 2024 Results on Feb 18, 2025 ABB India Limited announced that they will report Q4, 2024 results on Feb 18, 2025 Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: ₹20.79 (vs ₹17.08 in 3Q 2023) Third quarter 2024 results: EPS: ₹20.79 (up from ₹17.08 in 3Q 2023). Revenue: ₹29.1b (up 5.2% from 3Q 2023). Net income: ₹4.40b (up 22% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 04
ABB India Limited Appoints Shobinder Duggal as Independent Director ABB India Limited approved appointment of Mr. Shobinder Duggal (DIN: 00039580) as an Independent Director of the Company to hold office for a term of three (3) years. Announcement • Sep 13
ABB India Limited to Report Q3, 2024 Results on Nov 04, 2024 ABB India Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Nov 04, 2024 Declared Dividend • Aug 10
First half dividend of ₹10.66 announced Shareholders will receive a dividend of ₹10.66. Ex-date: 23rd August 2024 Payment date: 5th September 2024 Dividend yield will be 0.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: ₹20.89 (vs ₹13.96 in 2Q 2023) Second quarter 2024 results: EPS: ₹20.89 (up from ₹13.96 in 2Q 2023). Revenue: ₹29.2b (up 16% from 2Q 2023). Net income: ₹4.43b (up 50% from 2Q 2023). Profit margin: 15% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 08
Abb India Limited Declares an Interim Dividend for the Financial Year 2024, Payable on or Before September 5, 2024 ABB India Limited at its board meeting held on August 8, 2024, declared an interim dividend of INR 10.66 per share (Rupees Ten and sixty six paisa only) i.e. (533%) on 21,19,08,375 equity shares of face value of INR 2/- each fully
paid up for the financial year 2024. The interim dividend will be paid on or before September 5, 2024 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on August 23, 2024. Announcement • Jun 15
ABB India Limited to Report Q2, 2024 Results on Aug 08, 2024 ABB India Limited announced that they will report Q2, 2024 results on Aug 08, 2024 Announcement • Jun 13
ABB India Limited Declares for the Financial Year Ended December 31, 2023 ABB India Limited at the AGM held on May 11, 2024, declared a dividend of INR 23.80 i.e. (1,190%) per Equity Share of the face value of INR 2 each for the financial year ended December 31, 2023 on 211,908,375 Equity Shares of the Company as recommended by the Board of Directors be declared and that the said Dividend be distributed out of the profits for the year ended December 31, 2023. Price Target Changed • May 14
Price target increased by 11% to ₹6,259 Up from ₹5,640, the current price target is an average from 24 analysts. New target price is 23% below last closing price of ₹8,081. Stock is up 107% over the past year. The company is forecast to post earnings per share of ₹77.67 for next year compared to ₹58.90 last year. Reported Earnings • May 11
First quarter 2024 earnings released: EPS: ₹21.70 (vs ₹11.57 in 1Q 2023) First quarter 2024 results: EPS: ₹21.70 (up from ₹11.57 in 1Q 2023). Revenue: ₹31.7b (up 31% from 1Q 2023). Net income: ₹4.60b (up 88% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 26
Upcoming dividend of ₹23.80 per share Eligible shareholders must have bought the stock before 03 May 2024. Payment date: 10 June 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.2%). In line with average of industry peers (0.4%). Announcement • Apr 17
ABB India Enhances Portfolio with Launch of Two Energy Efficient Motor Ranges for Sustainable Industrial Growth ABB India has introduced its latest IEC Low Voltage IE4 cast iron super premium efficiency motors in 71-132 frame sizes and IE3 Aluminum Motors in 71 – 90 frame sizes for reliable and energy efficient solutions in India. Launched on global platform and manufactured in India, these motors are tailored for a range of industries including water & wastewater, packaging, food & beverage, metals, cement & mining, plastics & rubber, and HVAC applications. The flexible design of these motors supports applications across pumps, conveyors, centrifuges, compressors, extruders, fans mixers, amongst others. Both these motors will help customers save energy, cost, reduce emissions as well as improve reliability and productivity. The new small frame IE4 motors in output ranging from 0.18-7.5kW are easy to customize in order to match customer’s specific requirements, making them the cost-effective choice for a wide range of applications. These motors have better accelerating torques and higher withstand time making it flexible for heavy applications. Their robust design engineered with high quality material and proven performance are tested in NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited labs. They are of IE4 efficiency rating at full load and maximum efficiency at operating point (70% - 80%) along with reducing emissions. The new Aluminum motors are equipped to produce an output ranging from 0.18-2.2kW and are specially engineered to meet demands of applications requiring light weight and corrosion-resistant equipment. The Aluminum motors provide better heat dissipation which makes them more reliable with a longer life, along with low weight which is used in these machines to add flexibility to the system. The aluminum components, built with High Pressure Die-casted (HPDC) process and shot blasting for a precise finish, along with C3 corrosion class painting promises increased durability. With a steadfast focus on leveraging cutting-edge energy efficiency technology and drawing upon strong domain expertise, ABB continues to redefine industry standards. ABB’s wide range of LV motors stands as a testament to unwavering pursuit of performance and reliability, essential components in achieving optimized total cost of ownership. As industries propel towards growth, ABB is poised to further integrate sustainable materials into its offerings, ensuring its customers not only meet but exceed their operational goals while contributing to a greener, more sustainable future. Reported Earnings • Apr 07
Full year 2023 earnings released: EPS: ₹58.90 (vs ₹48.40 in FY 2022) Full year 2023 results: EPS: ₹58.90 (up from ₹48.40 in FY 2022). Revenue: ₹104.5b (up 22% from FY 2022). Net income: ₹12.5b (up 22% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 15
ABB India Limited to Report Q1, 2024 Results on May 10, 2024 ABB India Limited announced that they will report Q1, 2024 results on May 10, 2024 Price Target Changed • Feb 22
Price target increased by 8.5% to ₹5,100 Up from ₹4,700, the current price target is an average from 22 analysts. New target price is 6.0% below last closing price of ₹5,425. Stock is up 73% over the past year. The company is forecast to post earnings per share of ₹69.42 for next year compared to ₹58.90 last year. Announcement • Feb 21
ABB India Limited, Annual General Meeting, May 11, 2024 ABB India Limited, Annual General Meeting, May 11, 2024, at 11:00 Indian Standard Time. Location: Disha, Plot No. 5 & 6, 2nd Stage, Peenya Industrial Area IV, Peenya Bengaluru India Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: ₹58.90 (vs ₹48.40 in FY 2022) Full year 2023 results: EPS: ₹58.90 (up from ₹48.40 in FY 2022). Revenue: ₹107.5b (up 26% from FY 2022). Net income: ₹12.5b (up 22% from FY 2022). Profit margin: 12% (in line with FY 2022). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Announcement • Dec 13
ABB India Limited to Report Q4, 2023 Results on Feb 20, 2024 ABB India Limited announced that they will report Q4, 2023 results on Feb 20, 2024 Announcement • Nov 29
ABB Launches Digital Asset Performance Management Platform for Instrumentation ABB has launched ABB AbilityTM SmartMaster, a comprehensive asset performance management platform for verification and condition monitoring of instrumentation and field devices in the water, wastewater, chemical, oil & gas, and other industries, in India. SmartMaster gathers, analyzes and verifies diagnostic data from instruments remotely, without interrupting current measurement tasks. The platform can be used with a range of ABB and third-party instruments, such as flow meters, level meters, temperature, and pressure sensors. Available as an on-premise or cloud-based solution, SmartMaster sends a valuable fleet level overview from the field straight to the customer's phone, tablet, or other devices. SmartMaster addresses key challenges for industrial companies such as managing the sheer volume of instruments that are installed on any given plant. Many facilities typically have hundreds or even thousands of devices, some of which may be installed in hard to reach or hazardous areas. Another big challenge is applications and data running in silos. This limits insights and efficiency of operations. By getting better, actionable insights, industrial companies can see both increased efficiency and environmental benefits. The platform offers extended possibilities for device optimization and maintenance. With SmartMaster, plant operators can access data on instrument status and identify in advance any potential issues that could affect measurement performance or result in unplanned downtime. This knowledge helps them to plan servicing, spare part orders and device replacement. SmartMaster provides the information as calendar view analysis and an analytical report of failure scenarios. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: ₹17.08 (vs ₹9.56 in 3Q 2022) Third quarter 2023 results: EPS: ₹17.08 (up from ₹9.56 in 3Q 2022). Revenue: ₹27.7b (up 31% from 3Q 2022). Net income: ₹3.62b (up 79% from 3Q 2022). Profit margin: 13% (up from 9.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 58% per year whereas the company’s share price has increased by 63% per year. Announcement • Sep 15
ABB India Limited to Report Q3, 2023 Results on Nov 09, 2023 ABB India Limited announced that they will report Q3, 2023 results on Nov 09, 2023 Upcoming Dividend • Aug 18
Upcoming dividend of ₹5.50 per share at 0.1% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 05 September 2023. Payout ratio is a comfortable 8.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.4%). Price Target Changed • Aug 15
Price target increased by 8.0% to ₹4,226 Up from ₹3,913, the current price target is an average from 26 analysts. New target price is approximately in line with last closing price of ₹4,355. Stock is up 50% over the past year. The company is forecast to post earnings per share of ₹50.90 for next year compared to ₹48.40 last year. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ₹13.96 (vs ₹7.19 in 2Q 2022) Second quarter 2023 results: EPS: ₹13.96 (up from ₹7.19 in 2Q 2022). Revenue: ₹25.8b (up 23% from 2Q 2022). Net income: ₹2.96b (up 94% from 2Q 2022). Profit margin: 11% (up from 7.3% in 2Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in India. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 12
ABB India Limited Declares Special Dividend for the Financial Year 2023, Payable on or Before September 5, 2023 ABB India Limited at its Meeting held on August 11, 2023, has declared a special dividend of INR 5.50 per share that is (275%) on 211,908,375 Equity Shares of face value of INR 2 each fully paid up for the financial year 2023. The special dividend will be paid on or before September 5, 2023 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on August 25, 2023. Announcement • Jul 08
Abb India Limited Launches Innovative UPS Solution for Data Centers ABB India Limited launched MegaFlex DPA (Decentralized Parallel Architecture) UPS solutions for the Indian market. The first of its kind sustainable UPS which is part of ABB EcoSolutions™? portfolio and complies with the ABB circularity framework. It has been designed for high density computing environment with highest efficiency rating and lowest footprint. With the enterprise demand driving more SaaS (Software as a Service) and IaaS (Infra-structure as a Service) applications, data center continuity has never been more critical. In India, the data center market is projected to grow with the highest internet subscribers, massive surge in usage of mobile devices, digital payments, focus on big data, cloud computing, IoT and the data protection bill. The continuity of data centers is critical to the development of the Indian digital stack. As a market leader in UPS technology, the MegaFlex UPS range from ABB is targeting the IEC and UL market, with power ranges of up to 1.5 and 1.6 MW respectively. The MegaFlex solution delivers excellent availability and reliability, with the most compact footprint on the market, up to 45% smaller for the IEC version compared to competitor models of equal power rating. Despite its small footprint, the UPS delivers impressive sustainable power technology with reduced energy losses due to high efficiency converters, adaptable to variable IT load. This supports ABB Electrification's Mission to Zero for smart cities, a vision for a zero-emission reality for all, and reinforces its commitment to offer safe, smart and sustainable power technologies to the global data center industry. Standardized power distribution architectures in compliance with the Up-time Institute classification system and EN 50600. High-efficiency converters in VFI (Voltage Frequency Independent) mode with up 97.4% efficiency, driving up cost savings and improving energy consumption. Portability- server rack can be moved into position simply and safely with an onsite pallet truck. Compatible with either lithium-ion or VRLA (valve-regulated lead-acid bat-tery) for external storage. Optional redundant power capacity of 750KW N+1 and 2MW. The graphical system display allows the operator to display measurements, events and alarm. Connectivity for optional communication boards including SNMP, Modbus TCP/IP, Modbus RS-485. Provides up to 6 MW and satisfies the "six-nines" requirement for today's most demanding. Hyperscale data centers. MegaFlex DPA is designed to work in synergy with ABB's power infrastructure products to provide a continuous flow of clean power to a data center and deliver the system-wide resiliency needed for modern data storage solutions that implement distributed, cloud or hybrid approaches. Announcement • Jun 15
ABB India Limited to Report Q2, 2023 Results on Aug 11, 2023 ABB India Limited announced that they will report Q2, 2023 results on Aug 11, 2023 Announcement • Jun 06
ABB India Limited Declares for the Financial Year Ended December 31, 2022 ABB India Limited declared a Dividend of INR 5.50 i.e. (275%) per Equity Share of the face value of INR 2.00 each for the financial year ended December 31, 2022 as recommended by the Board of Directors and that the said Dividend be distributed out of the profits for the year ended December 31, 2022. Price Target Changed • May 08
Price target increased by 7.4% to ₹3,512 Up from ₹3,270, the current price target is an average from 27 analysts. New target price is 7.7% below last closing price of ₹3,803. Stock is up 65% over the past year. The company posted earnings per share of ₹48.40 last year. Upcoming Dividend • Apr 20
Upcoming dividend of ₹5.50 per share at 0.2% yield Eligible shareholders must have bought the stock before 27 April 2023. Payment date: 03 June 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (0.6%). Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: ₹48.40 (vs ₹25.13 in FY 2021) Full year 2022 results: EPS: ₹48.40 (up from ₹25.13 in FY 2021). Revenue: ₹85.7b (up 24% from FY 2021). Net income: ₹10.3b (up 93% from FY 2021). Profit margin: 12% (up from 7.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Abb India Limited Recommends Dividend for the Financial Year Ended December 31, 2022, Payable After May 04, 2023 ABB India Limited at its board meeting held on February 10, 2023 recommended a dividend of INR 5.50 per share (Rupees Five and Fifty paisa only) i.e. on 211,908,375 Equity Shares of face value of INR 2/- each fully paid up for the financial year ended December 31, 2022 subject to approval of Shareholders. The Register of Members and Share Transfer Books of the Company will remain closed for the purpose of payment of dividend from April 28, 2023 to May 04, 2023 (both days inclusive) that may be declared at the 73rd Annual General Meeting of the Company. The dividend, if declared at the 73rd Annual General Meeting, will be paid/dispatched after May 04, 2023, to those Shareholders or their mandates whose names appear as Members in the Company/s Register of Members as holders of Equity Shares as at the end of the business hours on April 27, 2023 and in respect of shares held in electronic form, to whose names appear as Beneficial Owners as at the end of the business hours on April 27, 2023 as per details to be furnished by National Securities Depository Ltd. and Central Depository Services (India) Ltd. Announcement • Dec 15
ABB India Limited to Report Q4, 2022 Results on Feb 10, 2023 ABB India Limited announced that they will report Q4, 2022 results at 3:30 PM, Indian Standard Time on Feb 10, 2023 Board Change • Nov 16
High number of new directors Additional Non-Executive & Independent Director Monica Widhani was the last director to join the board, commencing their role in 2022. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: ₹9.56 (vs ₹5.66 in 3Q 2021) Third quarter 2022 results: EPS: ₹9.56 (up from ₹5.66 in 3Q 2021). Revenue: ₹21.7b (up 22% from 3Q 2021). Net income: ₹2.03b (up 69% from 3Q 2021). Profit margin: 9.3% (up from 6.7% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 13
Price target increased to ₹2,808 Up from ₹2,429, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹2,797. Stock is up 60% over the past year. The company posted earnings per share of ₹25.13 last year. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: ₹7.19 (vs ₹3.22 in 2Q 2021) Second quarter 2022 results: EPS: ₹7.19 (up from ₹3.22 in 2Q 2021). Revenue: ₹21.2b (up 49% from 2Q 2021). Net income: ₹1.52b (up 123% from 2Q 2021). Profit margin: 7.2% (up from 4.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Board Change • Jun 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. MD & Director Sanjeev Sharma is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Price Target Changed • Jun 01
Price target increased to ₹2,328 Up from ₹2,174, the current price target is provided by 1 analyst. New target price is 5.2% below last closing price of ₹2,456. Stock is up 44% over the past year. The company posted earnings per share of ₹25.13 last year. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: ₹3.62 (vs ₹7.11 in 1Q 2021) First quarter 2022 results: EPS: ₹3.62 (down from ₹7.11 in 1Q 2021). Revenue: ₹20.1b (up 24% from 1Q 2021). Net income: ₹767.3m (down 49% from 1Q 2021). Profit margin: 3.8% (down from 9.2% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Board Change • May 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. MD & Director Sanjeev Sharma is the most experienced director on the board, commencing their role in 2016. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 20
Upcoming dividend of ₹5.20 per share Eligible shareholders must have bought the stock before 27 April 2022. Payment date: 04 June 2022. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.5%). Reported Earnings • Mar 14
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₹25.13 (up from ₹10.88 in FY 2020). Revenue: ₹69.3b (up 19% from FY 2020). Net income: ₹5.32b (up 131% from FY 2020). Profit margin: 7.7% (up from 4.0% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Price Target Changed • Feb 14
Price target increased to ₹2,208 Up from ₹2,054, the current price target is provided by 1 analyst. New target price is 5.6% above last closing price of ₹2,091. Stock is up 42% over the past year. The company posted earnings per share of ₹10.87 last year. Price Target Changed • Oct 29
Price target increased to ₹1,888 Up from ₹1,761, the current price target is provided by 1 analyst. New target price is 11% below last closing price of ₹2,120. Stock is up 137% over the past year. The company posted earnings per share of ₹10.87 last year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS ₹5.66 (vs ₹4.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹18.0b (up 12% from 3Q 2020). Net income: ₹1.20b (up 40% from 3Q 2020). Profit margin: 6.7% (up from 5.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Aug 19
Price target increased to ₹1,644 Up from ₹1,536, the current price target is provided by 1 analyst. New target price is 6.7% below last closing price of ₹1,761. Stock is up 82% over the past year. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS ₹3.22 (vs ₹0.79 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹14.5b (up 47% from 2Q 2020). Net income: ₹683.2m (up 308% from 2Q 2020). Profit margin: 4.7% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS ₹7.11 (vs ₹3.11 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₹16.3b (up 7.0% from 1Q 2020). Net income: ₹1.51b (up 128% from 1Q 2020). Profit margin: 9.2% (up from 4.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Executive Departure • Apr 13
General Counsel, Company Secretary & Compliance Officer has left the company On the 12th of April, B. Gururaj's tenure in the role of General Counsel, Company Secretary & Compliance Officer ended. We don't have any record of a personal shareholding under Gururaj's name. A total of 4 executives have left over the last 12 months. Upcoming Dividend • Apr 13
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 19 April 2021. Payment date: 28 May 2021. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.9%). In line with average of industry peers (0.5%). Reported Earnings • Mar 31
Full year 2020 earnings released: EPS ₹10.88 (vs ₹14.26 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₹58.2b (down 20% from FY 2019). Net income: ₹2.30b (down 24% from FY 2019). Profit margin: 4.0% (down from 4.1% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 18
New 90-day high: ₹1,533 The company is up 37% from its price of ₹1,116 on 20 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 41% over the same period. Price Target Changed • Feb 17
Price target raised to ₹1,205 Up from ₹1,086, the current price target is provided by 1 analyst. The new target price is 20% below the current share price of ₹1,499. As of last close, the stock is up 24% over the past year. Executive Departure • Feb 11
Chairman Jean-Christophe Deslarzes has left the company On the 10th of February, Jean-Christophe Deslarzes' tenure as Chairman ended after 3.0 years in the role. We don't have any record of a personal shareholding under Jean-Christophe's name. Jean-Christophe is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 11
Full year 2020 earnings released: EPS ₹10.87 (vs ₹14.26 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ₹59.3b (down 19% from FY 2019). Net income: ₹2.30b (down 24% from FY 2019). Profit margin: 3.9% (down from 4.1% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 02
New 90-day high: ₹1,445 The company is up 64% from its price of ₹879 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 39% over the same period. 
