Siemens Energy India Limited has informed the Exchange about Capacity addition
ENRIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Siemens Energy India's Board has approved an investment of around Rs. 2,060 crore to set up a new power transformer factory with a capacity of approximately 30,000 MVA, expected to come on stream between FY 2030 and FY 2032. The company is funding this entirely through internal accruals, citing strong domestic and global demand for large power transformers driven by the energy transition and electrification. Alongside this, the company announced its Q1 FY26 results, with revenue up 26% to Rs. 1,911 crore and profit after tax up 34.9% to Rs. 313 crore. Order backlog jumped 37.6% to Rs. 17,599 crore, showing strong demand visibility. The PAT was marginally impacted by a one-off cost of Rs. 52 crore from the implementation of India's new Labour Codes.
The Rs. 2,060 crore investment represents a significant long-term commitment (roughly 47% of the company's net worth) into transformer manufacturing, reinforcing growth visibility through 2030 and beyond. Combined with strong Q1 earnings and a 37.6% surge in order backlog, this signals robust demand momentum and could be viewed positively by investors, though the long gestation period means benefits will be back-end loaded.