ABB India (ABB) is a leader in technology solutions connecting software to its electrification, robotics, automation and motion portfolio.
ABB reported a strong performance in Q4CY22*.
Heavy electrical equipment company ABB India announced Q1FY24 results:
Commenting on the company’s performance, Sanjeev Sharma, Managing Director, ABB India said, “ABB India’s Q2 performance is testimony to the strength of its industry-leading portfolio and capabilities. We continued growth momentum during the quarter, built on strong order backlog execution, delivering highest ever quarterly operational EBITA. In today's competitive dynamic environment, our customers continue to show unwavering confidence in ABB India as we remain a preferred partner of choice for our technology and digital solutions. Our balance sheet and cash position remain robust, putting us in a strong footing to prepare for future opportunities. We continue to prioritize our ESG goals in line with ABB Group’s Sustainability strategy.”
| CLIENT NAME | DEAL TYPE | ACTION | DATE | AVG. PRICE | QUANTITY | EXCHANGE |
|---|---|---|---|---|---|---|
| INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD. | Bulk | Sell | 2022-11-30 | 2997.22 | 1090479 | NSE |
| JPMORGAN INDIAN INVESTMENT TRUST PLC | Block | Purchase | 2021-06-07 | 1650.35 | 93117 | BSE |
| J P MORGAN INDIAN INVESTMENT COMPANY MAURITIUS LIMITED | Block | Sell | 2021-06-07 | 1650.35 | 93117 | BSE |
| Financials( ₹ in Cr) | ABB India Ltd | Siemens Ltd | Bharat Heavy Electricals Ltd | CG Power & Industrial Solutions Ltd | Suzlon Energy Ltd |
|---|---|---|---|---|---|
| Price | 6,290.60 | 5,600.45 | 253.95 | 534.55 | 39.75 |
| % Change | -1.24 | 0.37 | 0.30 | 1.04 | -3.40 |
| Mcap ₹ Cr | 133,302.85 | 199,443.23 | 88,426.99 | 81,640.97 | 54,110.43 |
| Revenue TTM ₹ Cr | 10,446.52 | 19,553.80 | 23,364.94 | 6,972.54 | 5,970.53 |
| Net Profit TTM ₹ Cr | 1,242.05 | 1,961.90 | 477.39 | 962.97 | 2,887.29 |
| PE TTM | 108.18 | 99.23 | 0.00 | 94.07 | 121.03 |
| 1 Year Return | 96.11 | 68.90 | 236.58 | 75.93 | 393.79 |
| ROCE | 30.39 | 20.44 | 2.44 | 40.59 | 4.71 |
| ROE | 22.82 | 15.89 | 1.54 | 34.91 | 2.09 |
Equity Capital: 5,944.60 Cr FV: 2.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 24,721.64 | -7,659.83 |
| LAST 3M | 80,167.53 | 39,149.62 |
| LAST 6M | 140,394.95 | 70,735.56 |
| LAST 12M | 215,454.79 | 197,509.84 |
| Date | Action Type | Ratio |
|---|---|---|
| May 03, 2024 | Dividend | 1190 |
| Aug 25, 2023 | Dividend | 275 |
| Apr 27, 2023 | Dividend | 275 |
ABB India Ltd is in the Capital Goods – Electrical Equipment manufacturing sector is having a market capitalization worth Rs. 39,204.04 crores, it is incorporated in the year 1949. It has reported standalone sales of Rs. 1,424.96 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500002, and also listed on the National Stock Exchange (NSE) with the code ABB.
ABB India has divided its operations into four divisions, namely, (i) Electric Motors, generators and electricity distribution & control apparatus, (ii) Other electric equipment, (iii) Electronic equipment, and (iv) measuring, testing, navigating, and control equipment, watches & clocks. Mainly, there are three key products forming a major part of the company’s revenue, namely, (i) Switch gears, (ii) Electronic control & supply units for variable speed drives, and (iii) motor & other machines. ABB India has more than 3,200 permanent employees spread across the country. ABB has a total of 9 manufacturing units and 23 regional and branch offices in the country. The promoters of the company own 75.0% of the stake in the company, Foreign Institutional Investors (FII) own 3.73% of the stake, Domestic Institutional Investors (DII) own 7.06%, and others (such as public & retail investors) hold the balance of 14.21%.
In June 2021, quarterly net revenue was Rs. 1,424.96 crores, which has increased by approximately 44.55 % from Rs. 985.78 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 70.26 crores, which has improved sharply and increased by nearly 331.57% from a net profit of Rs. 16.28 crores in June 2020. In June 2021, the reported operating profit was at Rs. 1,170.91 crores, which is increased by 49.11% as compared to an operating profit of Rs. 785.25 crores for the quarter ending in June 2020. From an EPS of Rs. 0.77 in June 2020, the EPS of ABB India Ltd has improved and reached an EPS of Rs. 3.31 per share in June 2021. ABB's stock closed at Rs. 1,850.05 on 27th August’2021 (NSE). ABB India Ltd has returned 21.06% in the last six months and returned 90.55% positively in the previous year.
Disha-3rd floor Plot No 5&6, 2nd Stage Peenya Ind Area IV, Bengaluru, Karnataka, 500058
| Tel | : | 91-080-22949150/54/9129 |
| : | Investor.helpdesk:in.abb.com; b.gururaj:in.abb.com | |
| Website | : | http://www.abb.co.in; www.abb.com/in |
KFin Techologies Ltd
| AGM Date (Month) | : | Apr |
| Face Value Equity Shares | : | 2 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 500002 |
| NSE Code | : | ABB |
| Book Closure Date (Month) | : | Apr/May |
| BSE Group | : | A |
| ISIN | : | INE117A01022 |
FAQ’s on ABB India Ltd SharesYou can buy ABB India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy ABB India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:04 PM the closing price of ABB India Ltd was ₹ 6,290.60.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:04 PM, the market cap of ABB India Ltd stood at ₹ 133,302.85.
The latest PE ratio of ABB India Ltd as of Apr 19, 2024 03:04 PM is 108.18
The latest PB ratio of ABB India Ltd as of Apr 19, 2024 03:04 PM is 0.04
The 52-week high of ABB India Ltd share price is ₹ 6,773.10 while the 52-week low is ₹ 3,141.15
According to analyst recommendations, ABB India Ltd Share has a “Buy” rating for the long term.
Invest
