Synopsis:
ABB India secured a Rs. 173.55 crore order from Siemens Gamesa to supply 3.X wind turbine converters and electrical cabinets, with monthly deliveries scheduled January-December 2026.
During Friday’s trading session, shares of a leading player in electrification and automation are in focus on the stock exchanges, after securing an order worth around Rs. 173 crores from Siemens Gamesa Renewable Power Private Limited, Chennai.
At 12:49 p.m., the shares of ABB India Limited were trading in the green at Rs. 5,036 on BSE, up by nearly 1 percent, as against its previous closing price of Rs. 5,001.05, with a market cap of Rs. 1.06 lakh crores. The stock has delivered negative returns of over 36 percent in the last one year, and has fallen by about 10 percent in the last one month.
What’s the News
According to its latest regulatory filings with the stock exchanges, ABB India Limited has received an order worth Rs. 173.55 crores from Siemens Gamesa Renewable Power Private Limited, Chennai.
The supply order involves the manufacture and supply of 3.X wind turbine converters and electrical cabinets on a build-to-print basis from ABB India’s Nelamangala factory. Deliveries are scheduled monthly from January 2026 through December 2026.
Financials & more
ABB India reported a significant growth in its revenue from operations, showing a year-on-year increase of around 12 percent from Rs. 2,831 crores in Q1 FY25 to Rs. 3,175 crores in Q1 FY26. In contrast, its net profit decreased during the same period from Rs. 443 crores to Rs. 352 crores, representing a decline of about 20 percent YoY.
The company reported an order backlog of Rs. 9,958 crore. Order growth was recorded across all business segments, except Process Automation. A significant order was secured for propulsion equipment in traction motors.
ABB India Limited is engaged in the business of offering a complete range of engineering, products, solutions and services in areas of automation and power technology. It has an extensive installed base for manufacturing and a countrywide marketing and service presence.
The company operates across diverse business segments, including Electrification, which covers distribution solutions, smart power, smart buildings, installation products, and related services; Motion, encompassing drive products, system drives, NEMA motors, IEC LV motors, large motors and generators, traction, and associated services; Process Automation, which includes energy industries, process industries, marine and ports, and measurement and analytics; and Robotics & Discrete Automation, focusing on robotics and machine automation.
Written by Shivani Singh
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