Siemens India | Business Upturn

Siemens India shares jump 3% as NCLT approves energy business demerger

Aman Shukla — Wed, 26 Mar 2025 04:14:45 +0000

Siemens India shares gained 3% after the National Company Law Tribunal (NCLT) approved the demerger of its energy business into a separate entity, Siemens Energy India Ltd. This move aligns with Siemens AG’s global strategy, following a similar demerger in 2020. As of 9:43 AM, the shares were trading 2.00% higher at Rs 5,221.30.

As part of the process, Siemens shareholders will receive one share of Siemens Energy India for every share they hold, based on a 1:1 equity allotment ratio. The record date for this allotment is set for April 7, 2025. The appointed date for the demerger is March 1, and it becomes effective from March 25.

Siemens Energy India will soon be listed independently on the stock exchanges, a move expected to unlock greater value for shareholders. Guilherme Vieira De Mendonca, previously heading Siemens’ energy business, will take charge as the MD and CEO of the newly demerged company. Harish Shekar, former finance head of the energy unit, has been named Executive Director and CFO.

Siemens India shares opened at ₹5,300 on Wednesday, reaching a high of ₹5,315 and a low of ₹5,201 during the session. The stock remains significantly below its 52-week high of ₹8,129.90 but above the 52-week low of ₹4,566.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Siemens India shares surge over 2% as company reports 45% jump in Q4 profit to Rs 775 crore

Aditya Bhagchandani — Wed, 27 Nov 2024 03:55:39 +0000

Siemens India shares climbed on Tuesday after the company posted a robust 45% increase in net profit, reaching ₹775 crore for the July-September quarter, compared to ₹534 crore in the same period last year. The growth was fueled by higher revenues and a sharp rise in new orders.

As of 9:25 am the shares were trading 2.45% higher at ₹7,419.90 on NSE.

Key Highlights:

Revenue Growth: Revenue for the quarter rose 11% to ₹5,894 crore, compared to ₹5,297 crore in Q4 FY23.
New Orders: Orders surged 37% year-on-year, totaling ₹6,164 crore compared to ₹4,498 crore in the corresponding period last year.
Dividend Announcement: The board has recommended a ₹12 per equity share dividend (600%) for FY24.
Annual Performance:
- Net profit for FY24 (October 2023 – September 2024) rose 39% to ₹2,665 crore, compared to ₹1,911 crore in FY23.
- Revenue increased 14%, reaching ₹20,250 crore from ₹17,701 crore in the prior fiscal year.

Capacity Expansion at Kalwa

Siemens announced an additional ₹100 crore capex for expanding its Power Transformer factory in Kalwa, bringing the total investment for the project to ₹460 crore (up from ₹360 crore announced in November 2023). This expansion aims to broaden the company’s product portfolio and cater to growing demand.

Stock Comparison: ABB India vs Siemens India – Financial Performance, Stock Price, Valuation, and More

Arunika Jain — Wed, 15 May 2024 09:00:24 +0000

ABB India Limited and Siemens Limited are two of the leading industrial automation and electrical equipment companies in India. In this article, we’ll compare these two giants in the Indian market, analyzing their financial performance, stock price performance, valuation metrics, dividend yield, and shareholding patterns.

Financial Performance

Metric	ABB India	Siemens India
Market Cap (as of May 15, 2024)	₹1,71,263 crore	₹2,36,948 crore
Total Income (as on 31-Dec-2023)	₹2,835.08 crore	₹4,591.50 crore
Net Profit (as on 31-Dec-2023)	₹338.66 crore	₹463.40 crore

Stock Price Performance (May 15, 2024)

Metric	ABB India	Siemens India
1-Year Return	109.34%	85.53%
EPS (TTM)	69.02	56.26

Valuation Metrics

Metric	ABB India	Siemens India
P/E Ratio (TTM)	117.59	118.27
P/B Ratio	28.81	18.11

Dividend Yield

Company	Dividend Yield
ABB India	0.29%
Siemens India	0.15%

Shareholding Pattern (March 2024)

Company	Promoter Holding
ABB India	75.0%
Siemens India	75.0%

In summary, while both companies have strong financials and promoter holdings, ABB India has outperformed Siemens in terms of stock price growth over the past year and longer periods. However, Siemens has a higher market capitalization and sales turnover. The companies have similar valuation metrics and dividend yields.

Note: The stock prices and financial data mentioned in this article are as of May 15, 2024, the time of writing.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered as professional financial advice. Investing in stocks involves risks, and readers should conduct their own research and due diligence before making any investment decisions.

Siemens achieves milestone of 100 digital use cases on Xcelerator platform

United News of India (UNI) — Tue, 10 Oct 2023 10:53:22 +0000

Hyderabad, Oct 10 : Siemens Limited achieved a significant milestone for its Xcelerator platform with the inclusion of 100 India-relevant digital use and reference cases across multiple industries such as Food & Beverage, Data Centers, Commercial Buildings, Power Utilities and others.

Siemens Xcelerator is an open and evolving digital business platform that comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings (software, hardware and digital services) from Siemens, and certified third parties, the technology based company said in a release.

Part of the Siemens Xcelerator portfolio is Industrial Operations X, an open and interoperable portfolio for automating and operating industrial production and Building X, a scalable digital building platform to digitalize, manage and optimize building operations.

Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and Sonicbolt Technologies were announced as Siemens Xcelerator Ecosystem Partners – a crucial component with a far-reaching impact on the digital transformation of organizations.

As a Siemens Xcelerator partner, TCS will engage with customers through a consultative process to provide holistic solutions for a Connected Digital Enterprise. These solutions will be based on the expertise of TCS in areas such as simulation, industrial automation, IoT, industrial edge, 5G, cybersecurity, product and application lifecycle management, manufacturing execution systems, enterprise resource planning, enterprise asset management and low-code application development.

Koncept Engineers, Safex Technologies and Sonicbolt Technologies will provide integrated building management solutions and integration services of HVAC, fire safety and security systems. These include energy optimization, building information modeling integration, digitalization, cloud-based offerings and building automation as well as for Building X.

Peter Koerte, Chief Technology Officer and Strategy Officer, Siemens AG, said, “We have made significant progress over the past year with Siemens Xcelerator and growing a powerful ecosystem.

With India’s economy continuing its high growth momentum aiming to double its GDP in the next 7-8 years, Indian companies have a unique opportunity to accelerate their digital transformation with Siemens Xcelerator portfolio which includes latest technologies such as industrial AI, industrial edge, digital twin and 5G.”

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “Together with our Siemens Xcelerator Ecosystem Partners, we will be able to support the increasing demand for digitalization and decarbonization solutions in India.”

Regu Ayyaswamy, Global Head, IoT & Digital Engineering, TCS, said, “TCS brings deep knowledge of Industrial IoT and digital engineering across a wide client portfolio and expertise in Siemens Xcelerator solutions”.

Siemens India will manufacture 1,200 electric locomotives for railroads at a cost of Rs 26,000 crore

Aryan Jakhar — Tue, 17 Jan 2023 03:16:55 +0000

Siemens India said in a statement that it has signed a Rs 26,000-crore deal to produce 1,200 electric freight locomotives for the railways.

According to the release, the deal with the Ministry of Railways to produce 9000 HP locomotives is Siemens Limited’s single largest order in India.

“The 9000 HP electric locomotive is a significant milestone in the rail electrification mission of Indian Railways, and we are proud to build these in India using the latest technology provided by Siemens Mobility,” Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said.

The deal includes 35 years of full-service maintenance and delivery over an 11-year period.

“The locomotives will be assembled in the Indian Railways factory in Dahod, Gujarat… “The contract is worth approximately Rs 26,000 crore, excluding taxes and price variation,” according to the statement.

Indian Railways depots at Visakhapatnam, Raipur, Kharagpur, and Pune would be responsible for maintenance. The assembly and maintenance will be carried out in collaboration with Indian Railways personnel.

The cutting-edge locomotives, which are designed to pull loads of 4,500 metric tonnes at a top speed of 120 kilometres per hour, will be used for freight transport.

“I’m happy that this significant order will assist India in meeting its ambitious objective of building the world’s greatest green rail network, as our locomotives will avoid more than 800 million metric tonnes of CO2 emissions throughout their lifespan,” Siemens CEO Roland Busch stated.

Stocks in focus: Tata Motors, NDTV, HPCL, Siemens India and more

Aryan Jakhar — Mon, 26 Dec 2022 02:48:37 +0000

Indian benchmark indices are expected to open in the green, according to the SGX Nifty on Monday. On the Singapore Exchange, Nifty futures were trading marginally higher at 17886. The BSE Sensex fell 981 points to 59,845, while the NSE Nifty 50 fell 321 points to 17,807.

Tata Motors: TML CV Mobility Solutions, a subsidiary of Tata Motors, has signed a contract with the Delhi Transport Corporation (DTC) to operate 1,500 electric buses in New Delhi. TML will supply, operate, and maintain 1,500 12-metre, low-floor, air-conditioned electric buses over a 12-year period.

NDTV: Gautam Adani will own 64.71% of NDTV after founders Prannoy Roy and Radhika Roy agreed to sell 27.26% of the company to the billionaire. Adani already owns more than 37% of NDTV through RRPR Holding and Vishvapradhan Commercial, as well as an open offer. Adani purchased RRPR Holding, a firm owned by the founders. Following this transaction, the founders will own 5% of NDTV.

Shriram Finance: Shriram Finance has declared a 150% interim dividend, or Rs 15 per equity share with a face value of Rs 10 each, fully paid up. The dividend for Fiscal Year 2022-23 has been declared. According to the regulatory filing, the record date for the payment of the interim dividend is January 4, 2023. The interim dividend will be paid to eligible shareholders on or after January 18, 2023.

Hindustan Petroleum Corporation (HPCL): The OMC is thinking about selling a portion of its equity stake in HPCL Shampooer Pvt Ltd. (HSEPL), a joint venture between HPCL and Shampooer Palliation. Sources in both HSEPL and Gujarat’s ports and transport department confirmed to FE that the PSE is considering selling up to 50% of its stake to suitable buyers.

Alkem Laboratories: Eight Roads Ventures India Healthcare IV LP and F-Prime Capital Partners Life Sciences Fund VI LP will acquire an 8% stake in Alkem subsidiary Enzene Biosciences for Rs 161.48 crore. The transaction is expected to be completed in January 2023. The funds will be used to expand capacity in India and the United States.

Siemens India: Siemens India has won a contract with the Indian Railways to manufacture and maintain electric freight locomotives. The contract is for 11 years and includes the production of 1200 high-horsepower electric locomotives as well as their maintenance for 35 years at the Dahod railway factory. The contract is expected to cost around Rs 26000 crores. Both parties are expected to sign the contract within the next 30 days.

SJVN: The company has expanded its footprint in wind energy by winning the full capacity of the 100 MW wind power project through an e-reverse auction at Rs 2.90 per unit on a build-own-and-operate basis.

Quess Corp.: Quess Corp. has announced that, due to the changing market conditions, the board of directors has decided to withdraw the proposal to merge Allsec Technologies with the company. The board of directors has appointed Kamal Pal Hoda as the company’s Group CFO, effective January 10, 2023, in place of N Ravi Vishwanath.