Net Sales are expected to decrease by 31.8 percent Y-o-Y to Rs. 1,849.7 crore, according to Kotak.
The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
Net Sales are expected to decrease by 31.4 percent Y-o-Y (down 11.9 percent Q-o-Q) to Rs. 1,731.8 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 4.6 percent Y-o-Y (up 15.5 percent Q-o-Q) to Rs. 2,906.3 crore, according to ICICI Direct.
Input cost pressure is being increasingly absorbed by companies as the demand environment in weakening
At 40 times its CY19 earnings, the stock is richly valued, particularly in light of the 13 percent return on equity
Axis Capital maintained buy call on ABB India, but cut target price to Rs 1,410 from Rs 1,513 as the research house marginally lowered CY18 EPS by 1.5 percent to Rs 26 to align with margin trend and higher tax
At 35 times FY20e earnings, the stock is trading at expensive valuations.
Consumption sectors (FMCG, durables, autos), though on a soft base, post noticeable volume growth for a consecutive quarter.
Net Sales are expected to increase by 19.7 percent Y-o-Y (down 6.3 percent Q-o-Q) to Rs. 2,565.8 crore, according to KR Choksey.
Net Sales are expected to increase by 9.1 percent Y-o-Y (down 15 percent Q-o-Q) to Rs. 2,363 crore, according to Edelweiss.
The company is expected to report 14 percent jump in its revenue to Rs 2274 crore from Rs 2000 crore.
Industrial technology provider ABB's third quarter consolidated profit is likely to increase 42 percent year-on-year to Rs 84 crore and revenue may grow 8 percent to Rs 2,132 crore, according to average of estimates of analysts polled by CNBC-TV18.
Key factors to watch out for would be raw material cost (which has been declining), improved execution in power products and DAM (discrete automation and motion) segments, one off in expenses if any and focus on exports & services.
Siemens is undergoing huge transformation, bottlenecking its manufacturing line and downsizing its people and facilities, says Prakash Diwan of prakashdiwan.in.
Operating profit is likely to grow by 30 percent year-on-year to Rs 186 crore and margin may expand 200 basis points to 9.9 percent. Lower based in year-ago period, reflection of indigenisation benefits and commodity deflation may support operational performance.
Revenue growth may be driven by automation, low voltage and power products. Growth in automation division is likely to be led by solar invertors and low voltage products. However, process automation and power systems divisions are likely to witness a contraction.
Revenue is seen growing 8.5 percent to Rs 2,002 crore from Rs 1,845 crore in same period due to improved execution in low voltage & automation segments and power products segment.
As far as the power systems business is concerned, the company has a stressed balance sheet and it will put cash over revenues says Bazmi Husain, MD of ABB India
Despite lower order backlog, analysts expect revenue growth may be driven by rising share of short cycle products and pull up in the power products business. However, sales may remain weak in power systems and process automation divisions.
Power and automation technology company ABB India will announce its first quarter earnings on Tuesday. Profit after tax is expected to rise a whopping 41.3 percent to Rs 73 crore during January-March quarter compared to Rs 51.7 crore in the year-ago period, according to a CNBC-TV18 poll.
The focus of the company will remain on short-cycle orders in power generation space, said MD Bazmi Husain, adding that exports grew at a robust pace of 30 percent in Q4.
ABB India's fourth quarter profit after tax is seen going up 41.4 percent year-on-year to Rs 82.8 crore, according to the average of estimates of analysts polled by CNBC-TV18.
The company‘s order backlog stood at Rs 7,666 crore by Q2-end.
Adjusted profit after tax may jump 84.7 percent to Rs 65.7 crore from Rs 35.6 crore during the same period. ABB has been showing gradual improvement in its profitability on the back of cost reduction measures and increased localisation. Analysts expect this trend to continue during the quarter as well.