Siemens Ltd
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.[1]
- Market Cap ₹ 1,30,953 Cr.
- Current Price ₹ 3,677
- High / Low ₹ 3,930 / 2,826
- Stock P/E 55.2
- Book Value ₹ 389
- Dividend Yield 0.00 %
- ROCE 21.2 %
- ROE 16.3 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 9.46 times its book value
- Earnings include an other income of Rs.1,149 Cr.
- Working capital days have increased from 41.9 days to 67.6 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Heavy Electrical Equipment
Part of BSE 500 BSE Capital Goods BSE 200 BSE Dollex 200 Nifty Next 50
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2015 | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,563 | 10,837 | 11,065 | 12,795 | 13,084 | 9,946 | 13,198 | 16,138 | 19,554 | 22,240 | 17,364 | 24,846 | |
| 9,565 | 9,815 | 10,008 | 11,468 | 11,594 | 8,944 | 11,746 | 14,278 | 17,067 | 19,136 | 15,357 | 22,021 | |
| Operating Profit | 998 | 1,021 | 1,056 | 1,327 | 1,490 | 1,003 | 1,452 | 1,860 | 2,487 | 3,104 | 2,007 | 2,824 |
| OPM % | 9% | 9% | 10% | 10% | 11% | 10% | 11% | 12% | 13% | 14% | 12% | 11% |
| 943 | 3,156 | 818 | 280 | 398 | 315 | 321 | 487 | 496 | 925 | 987 | 1,149 | |
| Interest | 30 | 11 | 8 | 8 | 12 | 30 | 24 | 36 | 23 | 60 | 15 | 34 |
| Depreciation | 224 | 228 | 198 | 198 | 199 | 252 | 297 | 317 | 321 | 330 | 280 | 415 |
| Profit before tax | 1,688 | 3,938 | 1,669 | 1,402 | 1,678 | 1,036 | 1,452 | 1,993 | 2,640 | 3,639 | 2,699 | 3,525 |
| Tax % | 30% | 26% | 32% | 36% | 34% | 26% | 25% | 23% | 26% | 25% | 22% | 22% |
| 1,174 | 2,914 | 1,137 | 901 | 1,099 | 769 | 1,089 | 1,543 | 1,962 | 2,718 | 2,106 | 2,754 | |
| EPS in Rs | 32.98 | 81.82 | 31.92 | 25.31 | 30.87 | 21.58 | 30.57 | 43.33 | 55.07 | 76.29 | 59.09 | 77.27 |
| Dividend Payout % | 30% | 41% | 22% | 28% | 23% | 32% | 26% | 23% | 18% | 16% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 20% |
| 3 Years: | 15% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 25% |
| 3 Years: | 16% |
| TTM: | -5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 26% |
| 3 Years: | 22% |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 17% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2015 | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 71 | 71 | 71 | 71 | 71 | 71 | 71 | 71 | 71 | 71 | 71 | 71 |
| Reserves | 5,046 | 6,732 | 7,619 | 8,228 | 8,978 | 9,421 | 10,276 | 11,539 | 13,016 | 15,286 | 13,156 | 13,769 |
| 25 | 25 | 0 | 0 | 0 | 0 | 4 | 182 | 175 | 279 | 145 | 310 | |
| 5,433 | 5,157 | 5,448 | 6,037 | 6,309 | 6,368 | 7,664 | 8,317 | 8,384 | 9,663 | 6,616 | 7,150 | |
| Total Liabilities | 10,576 | 11,986 | 13,138 | 14,336 | 15,358 | 15,860 | 18,015 | 20,109 | 21,646 | 25,299 | 19,989 | 21,301 |
| 1,394 | 1,227 | 1,365 | 1,381 | 1,219 | 1,196 | 3,264 | 3,107 | 3,038 | 3,112 | 2,641 | 2,786 | |
| CWIP | 32 | 79 | 143 | 62 | 58 | 88 | 35 | 52 | 50 | 103 | 206 | 249 |
| Investments | 114 | 110 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 1 | 1 | 1 |
| 9,037 | 10,570 | 11,630 | 12,893 | 14,081 | 14,576 | 14,713 | 16,949 | 18,556 | 22,082 | 17,141 | 18,264 | |
| Total Assets | 10,576 | 11,986 | 13,138 | 14,336 | 15,358 | 15,860 | 18,015 | 20,109 | 21,646 | 25,299 | 19,989 | 21,301 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2015 | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 574 | 513 | 573 | 100 | 1,273 | 720 | 1,422 | 978 | 1,400 | 1,670 | 375 | ||
| 646 | 237 | 1,321 | -174 | -1,135 | 871 | -2,389 | -34 | -759 | -502 | 3,120 | ||
| -245 | -1,614 | -285 | -305 | -312 | -386 | -502 | -392 | -450 | -523 | -3,186 | ||
| Net Cash Flow | 975 | -864 | 1,610 | -379 | -174 | 1,205 | -1,469 | 552 | 191 | 644 | 310 | |
| Free Cash Flow | 318 | 513 | 902 | -79 | 1,259 | 710 | 1,315 | 847 | 1,334 | 1,567 | 2 | |
| CFO/OP | 81% | 85% | 131% | 52% | 127% | 102% | 124% | 81% | 89% | 81% | 64% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2015 | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 102 | 113 | 105 | 106 | 115 | 102 | 86 | 71 | 72 | 63 | 57 |
| Inventory Days | 69 | 69 | 70 | 74 | 73 | 101 | 104 | 99 | 95 | 93 | 66 | 60 |
| Days Payable | 173 | 150 | 182 | 196 | 215 | 251 | 214 | 186 | 152 | 166 | 124 | 94 |
| Cash Conversion Cycle | 1 | 21 | 1 | -17 | -36 | -36 | -8 | -0 | 14 | -1 | 5 | 23 |
| Working Capital Days | 19 | 31 | 34 | 49 | 44 | 42 | 31 | 16 | 31 | 28 | 55 | 68 |
| ROCE % | 19% | 16% | 15% | 18% | 19% | 11% | 14% | 16% | 21% | 24% | 16% | 21% |
Insights
In beta| Sep 2015 | Sep 2016 | Sep 2017 | Sep 2018 | Sep 2019 | Sep 2020 | Sep 2021 | Sep 2022 | Sep 2023 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| New Orders (Inflow) INR Million |
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| Number of Manufacturing Plants Count |
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| Number of Dealers/Distributors Count ・Standalone data |
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| Power Transmission Capacity (Energy segment) GVA ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
9h - Board approved amalgamation of Siemens Rail Automation Pvt Ltd into Siemens Limited, subject to NCLT approvals.
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Board Meeting Outcome for Outcome Of Board Meeting
10h - Siemens approved FY26 audited results, Rs 18 dividend, SRAPL amalgamation, and board changes.
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Extension For Holding Annual General Meeting Of The Company
13h - RoC granted Siemens three-month extension from May 11, 2026 to hold its 68th AGM.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d
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Board Meeting Intimation for Intimation Of Board Meeting - 26 May 2026
21 May - Board meeting on 26 May 2026 to approve FY26 audited results and consider dividend.
Annual reports
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Financial Year 2024
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Financial Year 2024
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Financial Year 2023
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Financial Year 2023
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Financial Year 2022
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Financial Year 2022
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Financial Year 2021
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Financial Year 2021
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Financial Year 2020
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Financial Year 2020
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Financial Year 2019
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Financial Year 2019
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Financial Year 2018
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Financial Year 2018
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Financial Year 2017
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Concalls
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Dec 2025Transcript PPT
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May 2025Transcript PPT
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Dec 2024Transcript PPT REC
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May 2024Transcript PPT REC
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Jul 2023TranscriptPPT
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May 2023TranscriptPPTREC
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Dec 2022Transcript PPT
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Jun 2022TranscriptPPT
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Dec 2021Transcript PPT
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Aug 2021TranscriptPPT
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Jun 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020TranscriptPPT
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Nov 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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May 2017TranscriptAI SummaryPPT
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Dec 2016TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Mar 2016Transcript PPT
Strong Promoter
Siemens AG, Germany indirectly holds a 75% stake in the company.[1] It is a global technology company that focuses on intelligent infrastructure for buildings and decentralized energy systems, on automation and digitalization in the process and manufacturing industries, and smart mobility solutions for rail and road transport.[2]