Siemens Ltd.

•
₹ 3,9201.03%

2026-08-21

siemens.co.inBSE: 500550NSE: SIEMENS
Market Cap₹ 1,38,178 Cr.
Current Price₹ 3,880
High / Low₹ 4,098 / 2,826
Stock P/E42.2
Book Value₹ 398
Price to Book7.55
Dividend Yield0.46 %
ROCE21.4 %
ROE15.6 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Smart Infrastructure: 47.9% • Digital Factory: 19.8% • Mobility: 17.2% • Energy - Discontinued Operations: 8.9% • Low Voltage Motors - Discontinued Operations: 5.3% • Others: 0.9%

PROS

  • Company is almost debt free
  • Working capital cycle has improved - days down from 271 to 150

CONS

  • Operating cash flow has been negative in recent years
  • Recent results are weak - TTM profit is down 33.0% versus prior year
  • A large part of profit comes from other income (29.1% of PBT)
  • Stock is trading at 7.5x its book value
  • Rich enterprise valuation - EV/EBITDA of 27.3x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
Capital GoodsCapital GoodsElectric Equipment
Part ofNIFTY 50NIFTY 500NIFTY LARGEMIDCAP 250NIFTY 100NIFTY 200
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.ABB7400.0052.48156812.200.533623.00930.0235588.701110.3130.1812.56
2.POWERINDIA33550.000.00149540.280.02294.15123.522493.6974.4628.7314.58
3.SIEMENS3880.1042.19138178.320.46214.31-49.384713.708.4421.429.14
4.CGPOWER862.90108.75135945.590.15308.2815.523280.8113.9927.9412.11
5.ENRIN3483.600.00124058.140.114409.001578.3424856.001292.8140.1923.56
6.GVT&D4119.00564.77105465.570.24362.9924.651836.1438.0475.5125.10
7.HAVELLS1278.0049.1180202.380.78289.71-16.646518.1919.4825.747.15
8.WAAREEENER2688.0020.2677320.680.15891.8715.397931.7979.2234.7118.15
9.APARINDS16607.6558.8669540.110.364674.501677.9865910.601191.3133.4711.50
10.SUZLON46.7820.4564302.090.00305.22-5.893829.0922.8335.7915.55
11.SCHNEIDER1254.750.0030001.580.00124.40201.656513.60947.8331.015.23
12.TDPOWERSYS1545.4587.8024144.320.1486.2972.33640.0572.1034.0119.00
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
4,804
4,307
Operating Profit
—
OPM %
—
Other Income
132
Interest
4
Depreciation
88
607
Tax %
24.92%
Net Profit
0
13
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
5,721
5,108
Operating Profit
—
OPM %
—
Other Income
146
Interest
5
Depreciation
79
762
Tax %
25.00%
Net Profit
0
16
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
3,710
3,256
Operating Profit
—
OPM %
—
Other Income
162
Interest
3
Depreciation
60
552
Tax %
25.37%
Net Profit
0
12
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
4,152
3,516
Operating Profit
—
OPM %
—
Other Income
325
Interest
21
Depreciation
63
878
Tax %
26.07%
Net Profit
0
18
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
3,763
3,277
Operating Profit
—
OPM %
—
Other Income
157
Interest
5
Depreciation
70
568
Tax %
23.05%
Net Profit
578
12
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
4,457
3,912
Operating Profit
—
OPM %
—
Other Income
236
Interest
18
Depreciation
62
700
Tax %
25.37%
Net Profit
8,312
15
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
3,360
2,974
Operating Profit
—
OPM %
—
Other Income
172
Interest
3
Depreciation
66
489
Tax %
25.74%
Net Profit
6,146
10
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
4,029
3,584
Operating Profit
—
OPM %
—
Other Income
151
Interest
2
Depreciation
66
528
Tax %
25.62%
Net Profit
582
11
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
4,347
3,825
Operating Profit
—
OPM %
—
Other Income
124
Interest
5
Depreciation
71
570
Tax %
25.65%
Net Profit
423
12
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
5,171
4,554
Operating Profit
—
OPM %
—
Other Income
122
Interest
4
Depreciation
72
663
Tax %
26.83%
Net Profit
485
14
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
3,831
3,409
Operating Profit
—
OPM %
—
Other Income
84
Interest
6
Depreciation
71
355
Tax %
24.26%
Net Profit
278
8
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
4,618
4,174
Operating Profit
—
OPM %
—
Other Income
100
Interest
14
Depreciation
74
456
Tax %
22.16%
Net Profit
370
10
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
4,714
4,368
Operating Profit
—
OPM %
—
Other Income
117
Interest
7
Depreciation
78
463
Tax %
25.80%
Net Profit
214
6
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
71
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024
15,146
13,122
Operating Profit
2,935
OPM %
19
Other Income
912
Interest
70
Depreciation
246
2,619
Tax %
25
Net Profit
1,962
EPS
76
Dividend Payout %
16
Minority Interest
-2
Share of Associates
0
Adjusted EPS
76
Minority Interest
-2
Share of Associates
0
Adjusted EPS
76
Mar 2026
24,846
22,118
Operating Profit
3,616
OPM %
15
Other Income
888
Interest
73
Depreciation
415
3,054
Tax %
25
Net Profit
2,283
EPS
77
Dividend Payout %
23
Minority Interest
-2
Share of Associates
0
Adjusted EPS
77
Minority Interest
-2
Share of Associates
0
Adjusted EPS
77
TTM
18,333
16,504
Operating Profit
—
OPM %
—
Other Income
424
Interest
31
Depreciation
295
1,937
Tax %
25
Net Profit
1,453
EPS
—
Dividend Payout %
—
Minority Interest
0
Share of Associates
0
Adjusted EPS
—
Minority Interest
0
Share of Associates
0
Adjusted EPS
—

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
—

STOCK PRICE CAGR

10 Years:
12%
5 Years:
12%
3 Years:
2%
1 Year:
23%

RETURN ON EQUITY

10 Years:
—
5 Years:
—
3 Years:
—
Last Year:
16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Jul 29

₹ 9

Rs.18.0000 per share(900%)Final Dividend

2025

Jan 30

₹ 6

Rs.12.0000 per share(600%)Dividend

2024

Jan 30

₹ 5

Rs.10.0000 per share(500%)Final Dividend

2023

Jan 31

₹ 5

Rs.10.0000 per share(500%)Final Dividend

2022

Jan 20

₹ 4

Rs.8.0000 per share(400%)Final Dividend

2021

Jan 27

₹ 3.50

Rs.7.0000 per share(350%)Final Dividend & A.G.M.

2020

Feb 3

₹ 3.50

2018

Jan 25

₹ 3.50

Rs.7.0000 per share(350%)Dividend

2017

Jan 31

₹ 3

Rs.6.0000 per share(300%)Dividend

2016

Aug 12

₹ 13.75

Special interim dividend

2016

Jan 21

₹ 2

28/02/2016 Equity Rs.4.0000 per share(200%)Special Dividend

2016

Jan 21

₹ 3

Rs.6.0000 per share(300%)Dividend

2020

Nov 25

₹ 3.50

Rs.7.0000 per share(350%)Final Dividend

2021

Nov 24

₹ 4

Rs.8.0000 per share(400%)Final Dividend

2026

Jul 13

₹ 9

Rs.18.0000 per share(900%)Final Dividend

Sep 2024
Equity Capital
71
15,286
Trade Payables
4,700
14,168
Total Liabilities
34,225
3,049
Capital Work in Progress
103
1
2,630
4,410
Cash & Bank
9,568
14,463
Total Assets
34,225
Total Debt
0
Net Working Capital
11,245
Contingent Liabilities
1,445
Book Value per Share
431.37
Face Value
2.00
Total Debt
0
Net Working Capital
11,245
Contingent Liabilities
1,445
Book Value per Share
431.37
Face Value
2.00
Mar 2026
Equity Capital
71
13,769
Trade Payables
4,073
12,380
Total Liabilities
30,294
2,723
Capital Work in Progress
249
1
2,589
3,902
Cash & Bank
5,612
15,217
Total Assets
30,294
Total Debt
0
Net Working Capital
10,215
Contingent Liabilities
1,566
Book Value per Share
388.77
Face Value
2.00
Total Debt
0
Net Working Capital
10,215
Contingent Liabilities
1,566
Book Value per Share
388.77
Face Value
2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024
1,655
Cash from Investing
-505
Cash from Financing
-508
641
Free Cash Flow
1,655
OCF / Net Profit
0.84
Cumulative 5-Year FCF
0
OCF / Net Profit
0.84
Cumulative 5-Year FCF
0
Mar 2026
-535
Cash from Investing
3,688
Cash from Financing
-3,302
-149
Free Cash Flow
-535
OCF / Net Profit
-0.23
Cumulative 5-Year FCF
0
OCF / Net Profit
-0.23
Cumulative 5-Year FCF
0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024
EPS (₹)
76.31
Book Value (₹)
431.37
Dividend per Share (₹)
12.00
Cash EPS (₹)
62.03
Operating Margin %
13.36%
Net Margin %
12.95%
ROE %
13.79%
ROCE %
18.91%
6.13%
Debtor Days
99
Inventory Days
62
Payable Days
167
-6
Debt to Equity (x)
0.00x
Interest Coverage (x)
38.63x
2.04x
Revenue Growth %
-22.54%
Operating Profit Growth %
-2.90%
Net Profit Growth %
0.00%
38.54%
P/E (x)
94.94x
P/B (x)
16.80x
Dividend Yield %
0.17%
84.61x
Mar 2026
EPS (₹)
77.29
Book Value (₹)
388.77
Dividend per Share (₹)
18.00
Cash EPS (₹)
75.80
Operating Margin %
10.98%
Net Margin %
9.19%
ROE %
15.64%
ROCE %
21.42%
7.08%
Debtor Days
61
Inventory Days
38
Payable Days
101
-2
Debt to Equity (x)
0.00x
Interest Coverage (x)
43.01x
2.34x
Revenue Growth %
64.04%
Operating Profit Growth %
23.20%
Net Profit Growth %
16.39%
1.29%
P/E (x)
37.96x
P/B (x)
7.55x
Dividend Yield %
0.61%
27.33x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
75.00
8.59
7.03
Government
0.00
9.39
Sep 2024
75.00
8.69
6.90
Government
0.00
9.41
Dec 2024
75.00
8.77
6.78
Government
0.00
9.45
Mar 2025
75.00
8.19
7.28
Government
0.00
9.52
Jun 2025
75.00
7.66
7.24
Government
0.00
10.08
Sep 2025
75.00
7.00
8.04
Government
0.00
9.96
Dec 2025
75.00
6.85
8.35
Government
0.00
9.79
Mar 2026
75.00
6.80
8.59
Government
0.00
9.60
Jun 2026
75.00
6.47
9.10
Government
0.00
9.44

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