Accumulate Siemens; target of Rs 1,265: Prabhudas Lilladhar

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Prabhudas Lilladhar Research report on SiemensSIEM highlighted that the macro indicators are positive and moving in the right direction. Public capex in select sectors like Railway and T&D have seen an uptick, while private capex recovery is still few quarters away. SIEM will focus on profitable growth and operational excellence. SIEM believes it is well geared up in terms of capacity and technology and is awaiting increase in demand in order to realize full potential. We expect stock to deliver earnings CAGR of 55% over FY14‐17E. SIEM’s Q1FY16 operating performance was in line with estimates, with revenue at Rs23.1bn, up 6% YoY (PLe: Rs23.1bn). Power& Gas/ Building Technologies segments saw a de‐growth of 36.7%/6.3% respectively. Sales for Energy Management/Mobility/Digital factory /Healthcare segment were up 19%/39%/3%/140% YoY respectively. EBITDA margin stood at 8.4%, down marginally by 20bps YoY (PLe: 8.3%). PBT was up 8% YoY to Rs1.7bn. Adj. net profit was Rs1.1bn (PLe: Rs1.1bn). Order intake for the quarter stood at Rs34bn, up by 65% YoY largely driven by T&D segment. Order book stood at Rs 1.7bn, down 18% YoY.

For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More