ABB India

ABB · NSE · Mega Cap

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Inverters·Listed·Directness 35/100

ABB India

Electrification and automation; partial renewable exposure via grid and motion.

InvertersTransmission & Grid
Sell / Avoid
Last price
6352.00
52W: ₹4,638 – ₹7,825
-18.8% from 52W high
Mkt Cap
₹1.35 L Cr
P/E
88.4x
EV/EBITDA
65.9x
ROCE
29.9%
ROE
22.4%
Book Value
₹370.0
Promoter
75.0%
Real financial data sourced from Screener.in · annual + quarterly statements below

Scoring breakdown

SageOne-style fundamental · TQ-100 technical · solar overlays

B
Fundamental (30%)
74
Valuation (20%)
13
Technical (20%)
64
Solar exposure (10%)
35
Policy beneficiary (7.5%)
65
Project pipeline (5%)
75
Governance safety (7.5%)
80

52-week position

Real snapshot from Screener

4,638Current: ₹6,3527,825
P/E
88.4x
P/B
17.2x
Div Yield
0.60%

Investment thesis

One-liner · bull · bear · monitorables

One-liner. ABB India: rooftop and utility inverter demand grows faster than module shipments through FY28.

Bull case

Bull case for ABB India: continued capacity ramp at attractive unit economics, supportive policy (PLI / ALMM / RPO / open access), benign module + commodity cycle, healthy receivable conversion, and re-rating from current valuation as execution beats consensus.

Bear case

Bear case for ABB India: module/tariff price crash, working-capital blowout from DISCOM receivables, leverage spiking past 4x net-debt/EBITDA, ALMM/PLI delays, Chinese dumping, and de-rating to historical median multiples on growth disappointment.

Key monitorables
  • 01Quarterly capacity commissioned vs guidance
  • 02Receivable days from DISCOMs and large customers
  • 03Net debt / EBITDA trajectory
  • 04Order book to revenue cover

Solar exposure

Directness · policy linkage · BOM

Primary segmentInverters
Directness35/100
ALMM eligible
PLI beneficiary
Imported BOM

Valuation snapshot

Multiple methods · solar-specific multiples

MethodValueHist %ile
P/E (TTM)88.4x
Forward P/E
EV/EBITDA65.9x
EV/Sales10.2x
P/B17.2x
FCF Yield1.2%

Project pipeline

0 tracked projects

No tracked projects.

Financials

Source: Screener.in (consolidated) · ticker ABB · last updated 2026-05-11

Open on Screener.in
Market Cap
₹1.35 L Cr
Price
₹6,352.00
Stock P/E
88.4x
Book Value
₹370.0
ROCE
29.9%
ROE
22.4%
Div Yield
0.60%
52W Range
₹4,638 – ₹7,825

Ratio analysis (derived from statements)

Growth · profitability · returns · leverage · cash flow · valuation

Growth
Sales 1Y8.3%
Sales 3Y CAGR
Sales 5Y CAGR8.3%
PAT 1Y-10.9%
PAT 3Y CAGR
PAT 5Y CAGR-10.9%
Profitability
OPM latest15.0%
PAT margin latest12.6%
PAT margin 3Y avg14.0%
ROE22.4%
ROCE29.9%
Asset turnover0.97x
Leverage & cash
D / E0.01x
Net Debt / EBITDA0.04x
Borrowings / Assets0.6%
CFO / EBITDA0.60x
CFO / PAT0.73x
FCF (TTM proxy)₹1.58K Cr
Valuation
P/E88.4x
EV/EBITDA65.9x
EV/Sales10.20x
P/B17.17x
FCF Yield1.18%
Div Yield0.60%

Annual P&L · 2 years

₹ Crore. Source: Screener.in consolidated.

MetricMar 2024Mar 2025
Sales12,18813,203
Operating Profit2,3112,045
OPM %19%15%
Net Profit1,8721,668
EPS (₹)88.3378.73

Quarterly results · last 4 quarters

₹ Crore.

MetricMar 2025Jun 2025Sep 2025Dec 2025
Sales3,0103,1753,3113,184
OPM %19%13%15%13%
Net Profit4753524091,784

Balance sheet · 2 years

₹ Crore.

ItemMar 2024Mar 2025
Equity Capital4242
Reserves7,0337,794
Borrowings5285
Fixed Assets
Total Assets12,39113,638

Cash flow · 2 years

₹ Crore.

ActivityMar 2024Mar 2025
Operating1,3321,220
Investing-503364
Financing-770-966
Net Cash Flow59618

Shareholding pattern

Latest disclosed

Promoters
75.00%
FII
8.19%
DII
9.28%
Public
7.50%

Policy linkages

Schemes where this company is a confirmed or likely beneficiary

No direct policy linkages tracked.