Siemens India (SIEMENS) investor relations material

Executive summary

• Strong order and revenue growth achieved, with Q6 orders up 32.6% and revenue up 14.6% year-over-year, despite global uncertainties and cost pressures.

• Order backlog reached INR 450 billion (₹45,033 crore) as of March 2026, providing robust revenue visibility and supported by large export orders in Mobility.

• Indian economy remained resilient amid global volatility, with strong domestic demand and continued private and public CapEx momentum.

• Sustainability and digitalization remain key focuses, with top sector rankings and increasing relevance.

• Major milestones include delivery of 40 locomotives, a significant INR 18 billion export order for bogies, and business restructuring activities.

Financial highlights

• Q6 FY2026 new orders: INR 67.3 billion (+32.6% y-o-y); revenue: INR 46.2 billion (+14.6% y-o-y); EBITDA: INR 4.5 billion (down 11.5% y-o-y); EBITDA margin declined due to higher material costs and FX impact.

• Profit before tax for Q6: INR 4.6 billion, down 13.6% y-o-y; profit from operations for the quarter declined 15% y-o-y.

• Six months ended March 2026: orders up 26.8% to INR 115.6 billion; revenue up 14.3% to INR 84.5 billion; EBITDA declined 3.9% y-o-y.

• Eighteen months ended March 2026: revenue was ₹248,456 million, profit after tax from continuing operations was ₹22,834 million, and EPS was ₹64.12.

• Order backlog as of March 2026 was ₹45,033 crore, up 9.3% year-over-year.

Outlook and guidance

• Management remains optimistic about continued growth in both private and public CapEx, supported by a robust tendering pipeline.

• Inflation, rupee depreciation, and commodity price volatility are key risks being closely monitored.

• No formal margin guidance provided; short-term contracts limit long-term margin predictability.

• Data centers and railways expected to be major growth drivers; India-EU FTA presents export opportunities and potential GDP boost.

• Continued investment in digital and sustainability transformations planned.