Wednesday, August 12, 2026

ABB India shares decline on weak Q3 performance as margins disappoint

Date:

Shares of ABB India Ltd. fell as much as 5% on Friday, November 7, after the company reported a mixed set of results for the third quarter of the calendar year 2025. ABB India follows a January-December financial year.The company’s net profit declined 7% year-on-year to ₹409 crore from ₹441 crore, even as revenue rose 13.7% to ₹3,310 crore from ₹2,912 crore in the same period last year.

Earnings before interest, tax, depreciation, and amortisation (EBITDA) fell 7.4% year-on-year to ₹500 crore, while margins contracted to 15.1% from 18.5% a year ago.

Brokerage firm Nomura has maintained a ‘Reduce’ rating on ABB India with a price target of ₹4,870, citing weak performance as margins disappointed once again.Order inflows declined 3% year-on-year, led by tepid momentum in large orders.

While revenue exceeded estimates by 2%, driven by broad-based growth across segments, EBITDA missed projections by 3% due to weak gross margins.

The stock is currently trading at 58 times and 52 times its estimated earnings for CY26 and CY27, respectively.

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