NSE: ABB · BSE: 500002 · ISIN INE117A01022
ABB India Limited stock analysis
ABB India Limited ranks #594 in the TickerSutra evidence-ranked universe with a score of 62/100 and 95% data confidence. The latest captured fundamentals show ROCE of 29.9%, quarterly sales growth of 21.0% and quarterly profit growth of 8.0%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 29.9%
- Low debt/equity of 0.02×
- 15.5% three-year sales CAGR
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Operating margin has compressed materially
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2021 | ₹6,934cr | ₹566cr | ₹520cr | 8.0% |
| 2022 | ₹8,568cr | ₹968cr | ₹1,016cr | 11.0% |
| 2023 | ₹10,447cr | ₹1,497cr | ₹1,242cr | 14.0% |
| 2024 | ₹12,188cr | ₹2,311cr | ₹1,872cr | 19.0% |
| 2025 | ₹13,203cr | ₹2,045cr | ₹1,668cr | 15.0% |
| TTM | ₹13,477cr | ₹1,883cr | ₹2,988cr | 14.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
RoutineBoard Meeting IntimationNSE · 10 Sept 2026 · Structured filingABB INDIA LIMITED has informed the Exchange about Board Meeting to be held on 13-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
ABB INDIA LIMITED has informed the Exchange about Board Meeting to be held on 13-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Open original XBRL sourceABB India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Please refer enclosed file
MANAGEMENT COMMENTARY
Signals from filed documents
Service revenues benefited from customers continued focus on productivity enhancement and production uptime. Backlog visibility, reflected ongoing investments in automation-led capacity expansion. Participation in greenfield and brownfield projects improved long-term revenue visibility.
3.3 Automation The automation business provides a comprehensive portfolio of solutions for process and hybrid industries. These include industry-specific integrated automation, electrification and digital solutions, 2,146 2,583 2,397 457 2,171 2,332 2,255 382 Orders Revenue Order backlog Results (Profits before interest and tax) (₹ in Crores) (₹ in Crores) (₹ in Crores) (₹ in Crores) 2024 2025 2024 2025 2024 2025 202
Growth was broad-based across divisions, supported by the execution of a strong base-order book and sustained demand in electrification, motion, robotics, and process automation. Despite margin pressures from higher material costs, forex volatility, competitive intensity, and labour-code impacts, ABB 96 ABB India Limited | Integrated Annual Report 2025 India delivered steady profitability: Profit Before Tax (PBT): ₹2
Despite margin pressures from higher material costs, forex volatility, competitive intensity, and labour-code impacts, ABB 96 ABB India Limited | Integrated Annual Report 2025 India delivered steady profitability: Profit Before Tax (PBT): ₹2,230 crores (CY2025) – slightly moderated vs CY2024 but maintained a robust 16.9% margin. Profit After Tax (PAT): ₹1,669 crores – reflecting disciplined execution and strong opera
However, it should be noted that since 2021, profit before tax and exceptionals have grown at a CAGR of 39 percent with the surrounding geopolitical uncertainties. In 2025, headwinds included commodity inflation, forex movements (CHF/EUR), adapting to quality control order (QCO) requirements to ensure uninterrupted supply, implementation of India’s new Labour Codes, revenue mix, and one-offs. From the Board’s vantage
As part of ABB’s global Simplification Initiative, key legal, integrity and governance policies were streamlined and made more accessible, enabling better understanding and compliance across the organization. We also enhanced our compliance monitoring capabilities through the adoption of digital tools and automated processes, improving efficiency and responsiveness to evolving regulatory requirements. Regular updates
BUSINESS AREA PERFORMANCE REVIEW ABB India operates within ABB’s globally established decentralized operating model, designed to promote 146 ABB India Limited | Integrated Annual Report 2025 1,162 1,169 2024 2025 Orders Revenue Order backlog Results (Profits before interest and tax) (₹ in Crores) (₹ in Crores) (₹ in Crores) (₹ in Crores) Data centers and digital infrastructure Emerging sectors such as EV manufacturin
While margins may ebb and flow from year to year, our compass remains constant: sharpening the portfolio around electrification, automation, and energy efficiency; embedding sustainability; and maintaining disciplined capital allocation—all fully aligned with ABB Group’s strategic priorities and decentralized performance model. Execution comes down to four habits: Pricing and mix continue shifting toward higher- valu
Our double materiality assessment gave us a clearer picture of the impact that our business has on the economy, the environment and society including people, and it helped us understand the risks and opportunities that the economy, the environment and society pose for our business. MATERIAL TOPICS Based on the initial DMA process in 2024 and its update in 2025, the following subtopics were derived as material, review
Foreign direct investment strengthened across technology, services, manufacturing, and infrastructure-linked sectors, while portfolio flows experienced periodic volatility in response to global financial conditions. Despite these fluctuations, domestic financial markets continued to deepen, supported by strong participation from retail and institutional investors. 12 9 6 3 0 -3 2022-23 2023-24 2024-25 2025-26 (Percen
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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