New Delhi: ABB India Limited reported its highest-ever annual order inflows of ₹14,115 crore in calendar year 2025, up 8% year-on-year, with the December quarter witnessing a sharp recovery in large project awards and base business momentum.
The electrification and automation major ended CY2025 with an order backlog of ₹10,471 crore, up 12% over the previous year, providing strong revenue visibility into 2026.
In Q4 (October–December 2025), order inflows jumped 52%, aided by revival in deferred project decisions and strong traction in data centres, railways, transport, metals and process industries. Base orders grew 27% during the quarter, signalling broad-based demand recovery.
Revenue for the quarter rose 6% to ₹3,557 crore, while full-year revenue stood at ₹13,203 crore, up 8% year-on-year.
Managing Director Sanjeev Sharma said demand is “building up after a breather” earlier in the year, particularly across emerging industries, infrastructure and core sectors such as metals and oil & gas.
Profit before tax (PBT) for CY2025 came in at ₹2,230 crore, translating into a margin of 16.9%, compared with higher levels seen in the previous year when supply-demand dynamics supported pricing.
Profit after tax stood at ₹1,669 crore, with earnings per share at ₹78.78. The board recommended a final dividend of ₹29.59 per share.
Management attributed margin moderation to higher imported material usage amid Quality Control Order (QCO) transitions, elevated commodity prices—especially copper—and forex volatility. Personnel costs also reflected a ₹65 crore impact from Labour Code implementation.
Despite near-term headwinds, the company indicated a sustainable PAT margin corridor of 12–15%, with scope for improvement if volume growth accelerates.
Electrification emerged as the strongest-performing segment in Q4, with 43% order growth, supported by large data centre and infrastructure projects. Motion business grew 25% in orders, aided by transportation wins, while Process Automation rebounded with 34% order growth after earlier delays in decision-making.
Data centres now account for roughly 10–11% of the company’s order backlog, reflecting rising demand from hyperscale and co-location operators amid India’s digital infrastructure expansion and AI-driven investments.
The company said global data centre technologies developed by parent ABB Ltd. are seamlessly available to Indian customers, positioning it to benefit from higher power intensity and energy-efficiency requirements in upcoming facilities.
Of the ₹10,471 crore backlog, about 30–35% comprises large project orders that will be executed over multiple years, while the balance consists of shorter-cycle base orders.
Management expects domestic private capex revival, green energy investments, urban infrastructure and power generation projects to support growth in 2026. However, it flagged global uncertainty, commodity volatility and competitive intensity as risks to monitor.
Exports accounted for 10% of revenue, with domestic demand forming 90%, as India’s investment cycle continues to outpace global markets.
With a cash balance of ₹5,694 crore and return on capital employed of 21%, ABB India enters CY2026 with financial strength and improving order momentum, though margin recovery will hinge on input cost trends and execution mix.