Siemens Ltd. share price target

Siemens India, a flagship company of Siemens AG (Germany), is an integrated technology provider and a leading powerhouse in electronics and electrical engineering. Siemens is strongly placed in Energy and Infrastructure including transmission & distribution, automation, urban...

Well placed to gain from the overall energy market transformation from electrification to automation & digitisation Q1FY22 Results: Siemens reported decent Q3FY21* results amid disruptions...

Overall, Siemens is expected to further strengthen its leadership position through further penetration of automation and digitisation products & services across segments, particularly in digital industries, smart infrastructure, mobility segments, driving long term growth. We revise our target price to | 2390/share (earlier | 2295) and maintain BUY rating,...

Siemens India, a flagship company of Siemens AG (Germany), is an integrated technology provider and a leading powerhouse in electronics and electrical engineering. Siemens is strongly placed in Energy and Infrastructure including transmission & distribution, automation, urban...

EBIT margins across segments improved sequentially. Gas & power reported EBIT margin of 15.1%, which improved 250 bps QoQ. Smart infrastructure EBIT margin was at 8.6% (vs. 7.5% QoQ). Mobility segment EBIT margin improved 30 bps to 11.2% QoQ while digital industries EBIT margin declined 170 bps to 8.7% QoQ aided by better contribution from products and services side. Siemens continues to focus on profits over revenue by range of rationalisation and enrichment efforts for product mix to enhance market share. We believe EBITDA margins will further improve...

Siemens (SIEM)'s 2QFY21 revenue growth of ~28% YoY suggests gradual recovery as the two-year revenue CAGR came in flat. Gross margins contracted YoY, while EBITDA doubled aided by lower employee costs (11% YoY) and other expenses (-33% YoY). Adjusted for strong cuts in other expenses (7.3% of sales v/s 13.8% in 2QFY20), the margin trend seems to be under pressure and needs monitoring over the next 12 quarters. Other income declined 33% YoY to INR540m, despite a healthy cash balance,...

Siemens India, a flagship company of Siemens AG (Germany), is an integrated technology provider and a leading powerhouse in electronics and electrical engineering. Siemens is strongly placed in Energy and Infrastructure including transmission & distribution, automation, urban...

Revenue grew by 10% YoY after better execution across segments led by rise in labour availability and strong OB execution. Siemens Ltd (SIEM) reported good set of numbers across all segments led by better execution and pickup in economic activity. Better execution was led by rise in labour availability, strong execution of OB and sharp pickup in economic activity. Further cost control measures helped to improve margins during the quarter. OI grew 9% YoY to Rs32bn primarily driven by short cycle...