ABB India (500002) Q4 2025 earnings summary

Executive summary

• Achieved highest-ever annual orders at INR 14,115 crore, up 8% year-over-year, with a 16% CAGR since 2021 and strong order backlog and revenue growth across all business segments.

• Q4 2025 saw a 52% surge in orders, the highest Q4 in five years, with 27% growth in base business, signaling renewed market momentum.

• Profit after tax for the year was INR 1,669 crore, margin at 12.6%; EPS at INR 78.78.

• Maintained strong cash position with INR 5,694 crore at year-end.

• Board approved sale of Robotics business, minimum valuation of ₹1,568.20 crore.

Financial highlights

• Full-year revenue reached INR 13,203 crore, up 8% YoY; Q4 revenue grew 6% sequentially and 7% YoY.

• Profit before tax (PBT) for 2025 was INR 2,230 crore (16.9% margin), five-year CAGR of 39%, down 11% YoY.

• EBITDA margin at 15.5% for the year; Q4 at 15.4%.

• Final dividend declared at INR 29.59 per share; total dividend for the year at ₹39.36 per share.

• Cash and cash equivalents at year-end were INR 5,694 crore; net cash from operating activities was ₹1,219.51 crore.

Outlook and guidance

• Management expects continued positive demand, especially in emerging and infrastructure sectors, supported by government CAPEX, PLI schemes, and infrastructure push.

• PAT margin corridor guided at 12%-15% for the coming year, with double-digit revenue growth targeted.

• Large order pipeline in process automation, energy, and data centers expected to drive growth in 2026.

• India-Europe FTA expected to enhance export opportunities and supply chain resilience, but may increase competition in premium segments.

• Company is monitoring implementation of new Labour Codes and will adjust accounting treatment as required.