Siemens Limited offers products, integrated solutions for industrial applications for manufacturing industries, drives for process industries, intelligent infrastructure and buildings, efficient and clean power generation from fossil fuels and oil & gas applications, transmission and distribution of electrical energy for passenger and freight transportation, including rail vehicles, rail automation and rail electrification systems.
Q2 FY26 Earnings Results
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Total Income: ₹5,171 crore, an 18.4% increase QoQ from ₹4,470.9 crore in Q1 FY26, and an increase of 16.02% YoY from ₹4,457 crore in Q2 FY25.
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Profit After Tax (PAT): ₹485.4 crore, down 41.6% YoY from ₹831.2 crore in Q2 FY25, but up 14.6% QoQ from ₹423.4 crore in Q1 FY26.
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Net Profit (consolidated): ₹484.9 crore, reflecting a significant drop of about 42% YoY, attributed to soft margins and margin compression in several segments.
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EBITDA: ₹1,164 crore, a YoY decline, with EBITDA margin around 11.93%, slightly compressed signals ongoing profitability pressures.
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Orders and Backlog: The order inflow remained robust, helped by increased demand in smart infrastructure and digital solutions.
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Market reaction: Siemens shares surged approximately 5% post-results, reflecting investor optimism on the revenue growth despite margin pressures.
Management Commentary & Strategic Decisions
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Siemens’ management highlighted the strong demand in Smart Infrastructure and Mobility segments, which drove the revenue growth. Digital industries segments remained soft due to global macro headwinds.
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The company is focusing on operational efficiency, margin management, and strategic investments in electrification, automation, and digitalization.
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The demerger and restructuring plans are aimed at streamlining operations, optimizing costs, and improving long-term profitability.
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The management sees the need for continued capital expenditure in private-capital-driven infrastructure projects, which is crucial for sustaining growth.
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Despite recent margin pressures, Siemens remains committed to its long-term growth trajectory based on electrification, automation, and digitalization trends.
Q1 FY26 Earnings Results
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Total Income: ₹4,347 crore, up 15.5% YoY from ₹3,763 crore in Q1 FY25.
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Net Profit: ₹422.9 crore, down 26.8% YoY from ₹578.1 crore, and down 3% sequentially from ₹436 crore in Q4 FY25.
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EBITDA: ₹523 crore, with an EBITDA margin around 12%, showing strength despite margin compression from previous levels.
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Revenue growth supported by growth in smart infrastructure and mobility projects.
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Profit decline driven by higher operating costs and strategic investments.
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The quarter reflects a recovery phase with a focus on execution and digital infrastructure investments.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.