Siemens Energy India stocks soar on robust earnings growth and expanding order backlog

Shares in Siemens Energy India surged following a significant rise in revenue, profit, and order backlog, signalling strong business momentum amid broader Indian market weakness.

Siemens Energy India shares surged as investors reacted to a sharp improvement in earnings and a stronger order book, even as broader Indian equities weakened in afternoon trade. The stock was among the day’s biggest gainers on the BSE after the company reported a rise in revenue, profit and operating performance, helped by better execution and a larger contribution from exports.

According to Siemens Energy India’s latest figures, revenue rose 26% year on year to ₹1,911 crore in the first quarter of FY26, while profit after tax increased 34.9% to ₹313 crore. The company also said its order backlog expanded to ₹17,599 crore, up 37.6% from a year earlier, giving it improved visibility on future business. Profit from operations came in at 22.4%, with the company pointing to stronger operating leverage and disciplined delivery.

In the following quarter, Siemens Energy India said revenue climbed 27.4% to ₹2,394 crore and profit after tax advanced 52.4% to ₹375 crore. Profit from operations improved to 19.4%, and the backlog grew further to ₹18,433 crore. In a separate update, the company later said the backlog had reached ₹19,331 crore, while operating profit margin improved by 430 basis points to 21.9%, underlining the momentum in its order pipeline and execution.

Guilherme Mendonca, the company’s managing director and chief executive, said the performance reflected the resilience of the business model and disciplined strategy execution. Siemens Energy India has also announced a ₹2,060 crore investment to expand large power transformer capacity by about 30,000 MVA, with operations expected to begin between 2030 and 2032. The company said the move supports India’s manufacturing push as power demand rises, including from renewable energy, industrial activity and AI-linked data centres.

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