Siemens Energy India reported a robust performance for the latest quarter, registering a 36.34% year-on-year rise in net profit to ₹246.1 crore, driven primarily by strong revenue growth from its power transmission and generation segments. The announcement, made after the Board meeting held recently, signals a strengthening of India’s energy infrastructure sector amid rising domestic and global demand.
Financial performance highlights
The company, which supplies critical technologies for India’s conventional and renewable power sectors, posted consolidated financial results as follows:
| Particulars | Q4 FY25 | Q4 FY24 | % Change YoY |
|---|---|---|---|
| Net profit | ₹246.1 crore | ₹180.6 crore | +36.34% |
| Revenue from operations | ₹2,220 crore | ₹1,845 crore | +20.3% |
| EBITDA | ₹382 crore | ₹295 crore | +29.4% |
| EBITDA margin | 17.2% | 16.0% | +120 bps |
This significant uptick in profitability was attributed to improved execution, higher service income, and operational efficiencies under the company’s ongoing transformation initiatives.
Segmental performance: Power transmission and generation lead growth
According to the official management commentary, power transmission and generation contributed over 75% of the quarterly revenue, with both conventional grid projects and renewable integration contracts gaining traction. Key performance drivers included:
- Large HVDC (High Voltage Direct Current) orders for inter-regional transmission corridors
- Steady aftermarket services demand in gas turbine maintenance and upgradation
- Execution of renewable hybrid integration systems including grid stabilisation solutions
The company also highlighted growth in its digital solutions business, particularly in predictive asset management and grid automation, reflecting utilities’ rising focus on reliability and efficiency.
Orders and order book outlook
Siemens Energy India’s order intake during the quarter stood at ₹2,890 crore, registering an 18% YoY growth, while its order backlog rose to ₹15,500 crore, providing healthy revenue visibility over the next 6-8 quarters. Key orders secured included:
- HVDC equipment supply for state transmission utilities
- Combined cycle gas turbine service agreements
- Grid stability solutions for renewable-heavy southern states
Summary of orders secured
| Segment | Order value (₹ crore) | Key clients/projects |
|---|---|---|
| Power Transmission | 1,250 | PGCIL, Tamil Nadu Transco HVDC upgrade |
| Power Generation | 980 | NTPC, private IPPs gas turbine services |
| Industrial Solutions | 660 | Process automation and digital solutions |
Management commentary on quarterly results
Mr. Sunil Mathur, Managing Director & CEO, Siemens Energy India, stated:
“This quarter’s strong results reflect our strategic focus on grid modernisation and efficient generation technologies. As India continues its energy transition journey, we are positioned to support it with a comprehensive portfolio spanning gas, renewable, and hybrid solutions.”
He added that the integration with Siemens Energy global centres has enhanced the company’s engineering capabilities, enabling ‘Make in India for the world’ exports, particularly in transmission equipment.
Market trends supporting Siemens Energy India growth
The Indian government has outlined massive investments in power infrastructure to meet decarbonisation and electrification targets by 2030. Industry experts highlight:
- National Grid Expansion: Significant HVDC, FACTS, and transmission line investments by PGCIL and state utilities.
- Gas-based peaking plants: Push for gas-fired generation to complement intermittent renewables.
- Digitalisation drive: Demand for advanced SCADA, smart grid, and predictive asset management platforms.
These trends align with Siemens Energy India’s strategic business units, promising sustained order flows.
Siemens Energy’s global restructuring and India impact
Globally, Siemens Energy has undertaken restructuring measures to streamline operations, cut costs, and enhance profitability amid challenges in its wind turbine division. However, the Indian arm remains relatively insulated as it focuses primarily on:
- Transmission & grid technology
- Gas turbines and services
- Industrial energy solutions
The Indian unit continues to benefit from knowledge transfer and global product platforms without direct exposure to the troubled European wind markets.
Analyst insights
Brokerage analysts tracking Siemens Energy India noted:
- HSBC India: “Strong order book and steady profit growth position it as a key beneficiary of India’s grid expansion.”
- Nomura: “Operational efficiencies and digital solutions scale-up will aid margin expansion.”
- ICICI Securities: “Valuations remain reasonable given earnings visibility and balance sheet strength.”
Stock performance
Siemens Energy India’s stock closed the day at ₹3,150, up 2.5%, reflecting positive investor sentiment post-results announcement. The stock has gained over 18% in the last six months, outperforming the broader capital goods index.
| Stock performance summary | Value |
|---|---|
| Current share price | ₹3,150 |
| 52-week high | ₹3,240 |
| 52-week low | ₹2,480 |
| YTD return | +12.4% |
| 6-month return | +18.3% |
Future outlook
Management expects sustained revenue and profit growth in FY26, backed by:
- Execution of high-margin orders in HVDC and gas services
- Increased localisation of manufacturing for transmission components
- Exports to ASEAN and Middle East markets under its global supply chain
Additionally, Siemens Energy India plans to expand digital offerings in energy analytics and grid cyber-security solutions, aligning with the industry’s move towards automation and resilience.
Conclusion
The impressive 36.34% rise in net profit for Siemens Energy India underlines the company’s operational excellence and strategic market alignment. As India’s energy infrastructure undergoes massive transformation in line with decarbonisation goals, Siemens Energy is well poised to consolidate its leadership across power generation, transmission, and digital solutions, offering robust growth potential for shareholders and critical technological support to the country’s power sector ambitions.
Disclaimer: This news article is based on publicly available corporate financial disclosures, investor calls, and market analyst commentary. It is intended for informational purposes only and does not constitute investment advice. Readers should consult certified financial advisors before making investment decisions based on this content.
