Latest news with #GuilhermeMendonca
Mint
4 days ago
- Business
- Mint
Siemens Energy India shares soar 5% to 52-week high after stellar Q3 earnings, ₹280 crore investment plan
Shares of Siemens Energy India rallied over 5 percent on Tuesday, August 5, hitting a new 52-week high of ₹ 3,407.95 on the BSE. The surge followed the company's strong June quarter earnings report—its first since listing in June—and the announcement of a ₹ 280 crore investment to expand its manufacturing operations in response to robust order inflows. For the third quarter of FY26, Siemens Energy India reported a net profit of ₹ 263 crore, marking an 80 percent year-on-year (YoY) jump from ₹ 146 crore a year ago. The company's revenue from operations stood at ₹ 1,785 crore, up 20 percent YoY. A major driver behind the profit spike was a sharp 94 percent YoY surge in new orders, totaling ₹ 3,290 crore, indicating strong demand from both domestic and international markets. In its exchange filing, the company attributed its performance to a robust and healthy order backlog. The operating EBITDA margin came in at a strong 19.1 percent for the quarter, buoyed by margins in the power transmission business. After accounting for one-time costs like stamp duty and transfer charges, the adjusted profit margin stood at 17.6 percent, a significant improvement over 13.3 percent in the year-ago period. To capitalize on the growing demand for high-voltage switchgear products, Siemens Energy India announced a phased investment of ₹ 280 crore to expand its manufacturing capacity at its Aurangabad facility. 'We continue to add capacity in our Power Transmission business to serve the increasing demand—not just in India but globally,' said Managing Director and CEO Guilherme Mendonca. 'With this investment, we are proud to support India's energy transition and contribute to the Make in India and Aatmanirbhar Bharat vision.' This was the company's first earnings report since its listing on June 19, 2025. Siemens Energy India is promoted by Siemens International Holding B.V., headquartered in the Netherlands. Commenting on the performance, Mendonca said, 'New orders grew by an exceptional 94 percent on the back of a strong domestic market and rising exports. A healthy order backlog and continuous operational excellence helped the company deliver robust results for the quarter and the nine-month period.' Siemens Energy India operates across the energy value chain with offerings that include gas and steam turbines, hybrid power plants using hydrogen, power generators, and transformers. The stock has jumped 37.5 percent from its discovery price of ₹ 2,478.20 and over 37 percent from its listing price of ₹ 2,480. It had hit its 52-week low of ₹ 2,529.00 in June 2025. In the current month alone, the stock is up 3 percent after gaining 8.5 percent in July.
Business Standard
4 days ago
- Business
- Business Standard
Siemens Energy India surges as Q3 net profit jumps 80%, order book soars
Siemens Energy India rose 3.73% to Rs 3358 after the company reported an 80% year-on-year rise in net profit to Rs 263 crore in Q3 June 2025. Revenue from operations grew 20% YoY to Rs 1,785 crore, supported by healthy order execution and a strong backlog. New orders nearly doubled, rising 94% to Rs 3,290 crore in Q3 June 2025, reflecting robust demand in both domestic and export markets. Operational profit jumped 59% to Rs 314 crore, while margins improved to 17.6% from 13.3% last year. The company said Q3 margins were in line with normalized levels seen in the first half, excluding one-time impacts from stamp duty and asset transfers related to Siemens. To meet rising demand, Siemens Energy India announced a Rs 280 crore phased investment to expand its high-voltage switchgear capacity at its Aurangabad facility. The expansion will cater to both Indian and global markets. For the nine months ended June 2025, net profit stood at Rs 741 crore, while revenue reached Rs 5,181 crore. During the same period, new orders were valued at Rs 10,765 crore. Guilherme Mendonca, managing director and chief executive officer, Siemens Energy India, said: "Our new orders grew by an exceptional 94% on the back of a strong domestic market and rising exports. Healthy order backlog and continuous operational excellence helped us post robust results for the quarter and for the nine months of the fiscal year. We continue to add capacity in our Power Transmission business to serve the increasing demand for High-Voltage Switchgear products, not just in India but also globally." Siemens Energy India has solutions across the entire energy value chain from power and heat generation, transmission to storage through a portfolio that includes conventional and renewable energy technology such as gas and steam turbines, hybrid power plants operated with hydrogen as well as power generators and transformers.
Mint
4 days ago
- Business
- Mint
Siemens Energy India shares soar 5% to 52-week high after stellar Q3 earnings, ₹280 crore investment plan
Shares of Siemens Energy India rallied over 5 percent on Tuesday, August 5, hitting a new 52-week high of ₹ 3,407.95 on the BSE. The surge followed the company's strong June quarter earnings report—its first since listing in June—and the announcement of a ₹ 280 crore investment to expand its manufacturing operations in response to robust order inflows. For the third quarter of FY26, Siemens Energy India reported a net profit of ₹ 263 crore, marking an 80 percent year-on-year (YoY) jump from ₹ 146 crore a year ago. The company's revenue from operations stood at ₹ 1,785 crore, up 20 percent YoY. A major driver behind the profit spike was a sharp 94 percent YoY surge in new orders, totaling ₹ 3,290 crore, indicating strong demand from both domestic and international markets. In its exchange filing, the company attributed its performance to a robust and healthy order backlog. The operating EBITDA margin came in at a strong 19.1 percent for the quarter, buoyed by margins in the power transmission business. After accounting for one-time costs like stamp duty and transfer charges, the adjusted profit margin stood at 17.6 percent, a significant improvement over 13.3 percent in the year-ago period. To capitalize on the growing demand for high-voltage switchgear products, Siemens Energy India announced a phased investment of ₹ 280 crore to expand its manufacturing capacity at its Aurangabad facility. 'We continue to add capacity in our Power Transmission business to serve the increasing demand—not just in India but globally,' said Managing Director and CEO Guilherme Mendonca. 'With this investment, we are proud to support India's energy transition and contribute to the Make in India and Aatmanirbhar Bharat vision.' This was the company's first earnings report since its listing on June 19, 2025. Siemens Energy India is promoted by Siemens International Holding B.V., headquartered in the Netherlands. Commenting on the performance, Mendonca said, 'New orders grew by an exceptional 94 percent on the back of a strong domestic market and rising exports. A healthy order backlog and continuous operational excellence helped the company deliver robust results for the quarter and the nine-month period.' Siemens Energy India operates across the energy value chain with offerings that include gas and steam turbines, hybrid power plants using hydrogen, power generators, and transformers. The stock has jumped 37.5 percent from its discovery price of ₹ 2,478.20 and over 37 percent from its listing price of ₹ 2,480. It had hit its 52-week low of ₹ 2,529.00 in June 2025. In the current month alone, the stock is up 3 percent after gaining 8.5 percent in July. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
4 days ago
- Business
- Economic Times
Siemens Energy shares rally 5% to hit fresh 52-week high after 80% YoY surge in Q3 profit
Siemens Energy India posted an 80% YoY rise in Q3 FY26 net profit to Rs 263 crore, driven by a 94% surge in new orders. Revenue grew 20% to Rs 1,785 crore. The company also announced a Rs 280 crore investment to expand its Aurangabad facility for high-voltage switchgear, marking its first earnings report since listing in June. Tired of too many ads? Remove Ads Aurangabad Expansion to Meet Global Demand Tired of too many ads? Remove Ads First Results Post-Listing Shares of Siemens Energy India rallied 5% to their new 52-week high of Rs 3,400 on the BSE on Tuesday after the company posted an 80% year-on-year jump in net profit for the June quarter, its first earnings report since listing in June, and announced a Rs 280 crore investment to expand manufacturing capacity amid surging order company reported a net profit of Rs 263 crore for the third quarter of FY26, compared to Rs 146 crore in the same period last year. Revenue from operations rose 20% YoY to Rs 1,785 crore. The sharp rise in profit after tax was attributed to a significant increase in new orders, which surged 94% to Rs 3,290 demand was recorded across both domestic and export markets, the company said in an exchange filing. Revenue growth was supported by a strong and healthy order backlog. The Q3 profit margin stood at 17.6%—in line with the normalised margins seen in the first half of the fiscal—and up from 13.3% in the year-ago quarter. The margin excludes favourable one-time impacts and stamp duty or other transfer earnings were announced after market hours on Monday. Siemens Energy India shares closed at Rs 3,235.50 on the NSE, up 2.10% from company also announced plans to invest Rs 280 crore in a phased manner to expand its manufacturing capacity for high-voltage switchgear products at its Aurangabad facility. Siemens Energy said the expansion will help meet growing demand for power transmission equipment in both Indian and global markets."We continue to add capacity in our Power Transmission business to serve the increasing demand for high-voltage switchgear products—not just in India but globally," said Managing Director and CEO Guilherme Mendonca. "With this investment, we are proud to demonstrate our continued commitment to supporting India's energy transition and the Government of India's Make in India and Aatmanirbhar Bharat vision."This was Siemens Energy India's first quarterly result since its listing on June 19. The company is promoted by Netherlands-based Siemens International Holding on the earnings, Mendonca said: "New orders grew by an exceptional 94% on the back of a strong domestic market and rising exports. A healthy order backlog and continuous operational excellence helped the company deliver robust results for the quarter and for the nine months of the fiscal year."Siemens Energy India provides solutions across the energy value chain, including power generation, transmission, and storage, through a portfolio spanning gas and steam turbines, hybrid power plants powered by hydrogen, power generators, and transformers.
Economic Times
4 days ago
- Business
- Economic Times
Siemens Energy shares in focus after Q3 profit soars 80% YoY; company lines up Rs 280 crore expansion
Shares of Siemens Energy India are set to be in focus on Tuesday after the company posted an 80% year-on-year jump in net profit for the June quarter, its first earnings report since listing in June, and announced a Rs 280 crore investment to expand manufacturing capacity amid surging order inflows. ADVERTISEMENT The company reported a net profit of Rs 263 crore for the third quarter of FY26, compared to Rs 146 crore in the same period last year. Revenue from operations rose 20% YoY to Rs 1,785 crore. The sharp rise in profit after tax was attributed to a significant increase in new orders, which surged 94% to Rs 3,290 crore. Robust demand was recorded across both domestic and export markets, the company said in an exchange filing. Revenue growth was supported by a strong and healthy order backlog. The Q3 profit margin stood at 17.6%—in line with the normalised margins seen in the first half of the fiscal—and up from 13.3% in the year-ago quarter. The margin excludes favourable one-time impacts and stamp duty or other transfer charges. The earnings were announced after market hours on Monday. Siemens Energy India shares closed at Rs 3,235.50 on the NSE, up 2.10% from Friday. The company also announced plans to invest Rs 280 crore in a phased manner to expand its manufacturing capacity for high-voltage switchgear products at its Aurangabad facility. Siemens Energy said the expansion will help meet growing demand for power transmission equipment in both Indian and global markets. ADVERTISEMENT "We continue to add capacity in our Power Transmission business to serve the increasing demand for high-voltage switchgear products—not just in India but globally," said Managing Director and CEO Guilherme Mendonca. "With this investment, we are proud to demonstrate our continued commitment to supporting India's energy transition and the Government of India's Make in India and Aatmanirbhar Bharat vision." This was Siemens Energy India's first quarterly result since its listing on June 19. The company is promoted by Netherlands-based Siemens International Holding B.V. ADVERTISEMENT Commenting on the earnings, Mendonca said: "New orders grew by an exceptional 94% on the back of a strong domestic market and rising exports. A healthy order backlog and continuous operational excellence helped the company deliver robust results for the quarter and for the nine months of the fiscal year."Siemens Energy India provides solutions across the energy value chain, including power generation, transmission, and storage, through a portfolio spanning gas and steam turbines, hybrid power plants powered by hydrogen, power generators, and transformers. ADVERTISEMENT Also read | NSE reaches Rs 40 crore settlement with Sebi over data disclosure case (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
