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ENRIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty 100 and 0.6 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Siemens Energy India reported strong Q2 FY2026 results with revenue of Rs 2,394 crore, up 27.4% year-on-year. Profit from operations grew 38.9% to Rs 464 crore, with margins expanding 160 basis points to 19.4% driven by better operating leverage and higher export contributions. Profit after tax surged 52.4% to Rs 375 crore. For the six months ended March 2026, revenue was Rs 4,305 crore (up 26.8%) and PAT was Rs 689 crore (up 44.1%). Order backlog stood at Rs 18,433 crore, up 22.2% YoY. An exceptional item of Rs 519 million was recorded due to changes in labour codes affecting gratuity and compensated absences provisions. The auditor gave a clean limited review opinion with no qualifications.
Strong operational performance with robust revenue growth, margin expansion, and a healthy order backlog signals continued momentum. The 52.4% PAT growth is significantly above the 25% threshold, indicating strong profitability. The exceptional item from labour code changes is non-recurring and should not materially impact forward earnings.