Archive · 19 Nov 2025
Siemens India Stock Down, Order Inflows Mixed
Siemens India's stock has gone down this year.
They got more orders than last year, but fewer than the quarter before.
Their total orders waiting to be done is about 2.4 times what they make in a year.
They made more money this quarter, but their software and digital industry part didn't do as well.
They hope to make more money from trains soon.
Siemens India stock down 7% in 2023, underperforming index
Order inflows up 10% YoY but down sequentially in Q3
Order backlog at ₹42,200 crore, around 2.4x trailing 12-month revenue
Revenue up 16% YoY, driven by Mobility and Smart Infrastructure
Digital Industries segment lagged with subdued growth and margin decline
- Who
- Siemens India Ltd
- What
- Experienced stock decline and mixed order inflows
- When
- In 2023, Q3 (July-September)
- Where
- India
- Why
- Due to sluggish private capital expenditure and muted government spending
Optimistic View
Pessimistic View
Order Inflows
Optimistic View
Up 10% YoY, robust relative to peers
Pessimistic View
Missed estimates, sequentially down
Margin Recovery
Optimistic View
Strong rebound in adjusted Ebitda, potential for growth
Pessimistic View
Vulnerable to margin pressure, intense competition
Future Growth
Optimistic View
Potential boost from railway projects, topline growth target
Pessimistic View
Downside risks: slower margin recovery, weaker execution, soft digital industries performance
- Stock Performance
- Down 7% in 2023, underperforming index
- Order Inflows (Q3)
- ₹4,800 crore, up 10% YoY but down sequentially
- Order Backlog
- ₹42,200 crore, around 2.4x trailing 12-month revenue
- Revenue Growth (Q3)
- 16% YoY, driven by Mobility and Smart Infrastructure
- Digital Industries Growth (Q3)
- 1% with margin decline