Manufactures medium voltage electrical equipment in India, primarily MV Vacuum Interrupters — components used in switchgear for power distribution networks. Operations are anchored at the KMVC plant in Kolkata, where vacuum interrupter capacity is being raised to 250,000 units per year and a new Mechanism Assembly Line is being added, with both projects targeted for completion by June 2028. The board has approved combined capex of ₹291.2 crore for the KMVC facility (raised from ₹228.6 crore), funded via internal accruals or borrowings. As the listed Indian arm of the Schneider Electric Group, the entity has disclosed material related party transactions with Schneider Electric IT Business India Private Limited, approved by shareholders via postal ballot. Materials account for 61.1% of revenue and employee costs 11.6%, with FY26 revenue of ₹2,890.63 crore and an EBITDA margin of 12.96%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Medium Voltage Switchgear Components. Capital goods manufacturer of medium voltage electrical components, part of the Schneider Electric Group
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,530 | 1,777 | 2,207 | 2,637 | 2,891 |
| EBITDA (ex other income) | 83 | 183 | 292 | 400 | 357 |
| margin % | 5.5 | 10.3 | 13.2 | 15.2 | 12.3 |
| Owners' profit | 28 | 124 | 172 | 268 | 213 |
| EPS, as reported (₹) | 0.00 | 5.17 | 7.19 | 11.20 | 8.89 |
| ROE % · ROCE % | 76.5 · 16.6 | 81.8 · 30.2 | 58.1 · 33.3 | 47.7 · 35.5 | 27.4 · 24.9 |
| Debt / equity (x) | 13.80 | 3.09 | 1.58 | 0.93 | 0.57 |
| Cash from operations | 120 | 95 | 192 | 308 | 225 |
| Capex | (26) | (38) | (58) | (63) | (104) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 600 | 857 | 587 | 622 | 650 | 1,029 | 590 | 651 |
| Profit before tax | 65 | 147 | 73 | 56 | 70 | 130 | 35 | 17 |
| Net profit | 54 | 111 | 55 | 41 | 52 | 97 | 22 | 12 |
| EPS (₹) | 2.27 | 4.62 | 2.28 | 1.72 | 2.19 | 4.06 | 0.92 | 0.52 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ABB INDIA LIMITED | 1,54,136 | 51.6 | 16.50 | — | 23.0 | 10.2 | — | 15.2 |
| BHEL | 1,50,076 | 61.7 | 5.74 | 49.8 | 6.1 | 4.7 | 14.3 | 9.3 |
| CG POWER AND IND SOL LTD | 1,43,168 | 93.7 | 17.46 | 77.9 | 14.6 | 19.2 | 33.2 | 14.7 |
| SIEMENS LTD | 1,40,869 | 43.0 | 10.17 | 39.7 | 19.9 | 20.6 | 31.1 | 11.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Schneider Electric Infra 16th AGM: All 6 resolutions approved | board shareholder meetings | low | — | — |
| 10 Sept 2026 · 16th AGM held - six resolutions passed including MD and director appointments | board shareholder meetings | low | — | — |
| 9 Sept 2026 · GST authority order: about INR 3.87 cr demand and penalty | regulatory legal | high | — | — |
| 20 Aug 2026 · Transcript of Q1 FY27 earnings call posted | investor communications | medium | — | — |
| 20 Aug 2026 · Newspaper publication of 16th AGM notice and e-voting details | compliance | minimal | — | — |
| 19 Aug 2026 · Annual Report and AGM Notice link shared with unregistered email shareholders | compliance | minimal | — | — |
| 18 Aug 2026 · BRSR sustainability report filed for FY 2025-26 | compliance | minimal | — | — |
| 18 Aug 2026 · Notice of 16th AGM on Sept 10, 2026 along with FY25-26 Annual Report | board shareholder meetings | medium | — | — |
| 18 Aug 2026 · 16th AGM notice and Annual Report FY2025-26 dispatched | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Audio recording link shared for Q1 FY27 earnings call | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| HITACHI ENERGY INDIA LTD |
| 1,40,200 |
| 121.8 |
| 27.09 |
| — |
| 19.1 |
| 24.7 |
| — |
| 16.9 |
| GE VERNOVA T&D INDIA LTD | 1,16,454 | 89.2 | 43.29 | — | 45.8 | 57.9 | — | 27.4 |
| SIEMENS ENERGY INDIA LTD | 1,13,147 | 76.0 | 23.51 | — | 14.3 | 15.8 | — | 25.9 |
| SUZLON ENERGY LIMITED | 60,678 | 19.4 | 6.41 | 18.8 | 33.4 | 22.7 | 38.0 | 16.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 159.3 | 35.1 | 33 of 34 | 3% |
| P/B | 37.8 | 5.7 | 32 of 33 | 3% |
| ROCE | 21.2 | 16.6 | 13 of 36 | 66% |
| ROE | 27.4 | 14.6 | 7 of 35 | 82% |
| Debt / Equity | 0.6 | 0.1 | 30 of 35 | 15% |
| EBITDA margin | 6.3 | 16.4 | 30 of 35 | 15% |
| Revenue growth | 4.8 | 17.7 | 24 of 33 | 28% |
| Profit growth | (69.8) | 6.7 | 31 of 32 | 3% |
| Market cap | 29290 | 7198 | 10 of 35 | 74% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
