S

Siemens Limited

SIEMENSNSE
Market snapshot · 2026-08-11 01:30 UTC

3,914.30

₹-25.80 (-0.65%)

MARKET CAP

₹1.39L Cr

STOCK P/E

82.8x

52W HIGH

₹4,073.80

52W LOW

₹2,826.00

BOOK VALUE

₹388.64

EPS

₹47.28

ROE

SECTOR

Industrials

DEBT/EQUITY

2.21

VOLUME

2.61L

P/B RATIO

10.07x

PEG RATIO

-2.27

Sector

Industrials

Themes

ConglomeratesCapital GoodsRobotics
D
Dividend
E
Earnings
₹3,940.10₹3,676.63₹3,413.16₹3,149.69₹2,886.22VolumeEEEEDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Siemens Limited is an Indian technology company serving industry, infrastructure, mobility, and healthcare markets. Smart Infrastructure drives revenue through power-distribution systems, smart grids, energy automation, and connected building infrastructure. Mobility adds rail vehicles and rail-automation systems, while Digital Industries supplies industrial automation and digitalisation solutions. Revenue grew 16.2% year-on-year, but profit fell 22.5%; improving margins suggest operating recovery, although earnings conversion remains weak. Debt-to-equity of 2.21 indicates leverage, which can amplify ROE but increases financial risk; ROE is unavailable. Recent Siemens Energy-related trading strength improves sentiment, but the development does not directly establish Siemens Limited’s operating trajectory. At 83.3 times earnings, the stock appears rich relative to its profit decline and requires sustained growth to justify valuation. The key open question is whether margin improvement can offset leverage and restore profit growth.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for SIEMENS.

26.00 analysts

Price Forecast

Current
₹3,914
High Target
₹4,375
▲ +11.8%
Median Target
₹3,751
▼ -4.2%
Low Target
₹2,950
▼ -24.6%
Now₹3,914High ₹4,375Median ₹3,751Low ₹2,950Aug '25Now12M Target
Price history (1Y)
Analyst target range
26 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹3,236 - ₹4,77080%
6M₹2,997 - ₹5,18980%
12M₹2,695 - ₹5,85780%
Realized vol: +30.3% · Drift: +6.1%

Revenue Forecast

₹ Cr
Dec '25Current₹3,398.0
Sep 2026 ETrend estimate range
High₹5,360.4Base₹4,963.3Low₹4,566.3
Mar '25: ₹3,809.0 · Jun '25: ₹3,868.0 · Sep '25: ₹4,363.0 · Dec '25: ₹3,398.0 · Sep '26: ₹4,963.3 · Dec '26: ₹3,865.6
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E3,809.03,868.04,363.03,398.04,963.33,865.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹5.87
Sep 2026 ETrend estimate range
High₹9.24Base₹8.25Low₹7.26
Mar '25: ₹18.94 · Jun '25: ₹10.37 · Sep '25: ₹11.78 · Dec '25: ₹5.87 · Sep '26: ₹8.25 · Dec '26: ₹4.11
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E18.9410.3711.785.878.254.11
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
49%
Analyst Consensus
Weakening

From 26 analysts

Mean upside-3.2%

Fundamentals

Weakening

Fundamentals institutional score is 33 using growth durability 33.3.

Valuation

Premium valuation

Valuation institutional score is 40 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 37 using mean target upside -3.2%; dispersion penalty 15.0; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 60 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 9 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. market sentiment provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Mixed MomentumMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price3,789.4 target
Mean Upside-3.2%
Technical Score60%
Fundamental Score33%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 23.8% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.01). Confidence: 79%.

Live forward EPS implies next-12-month EPS of ₹68.76. Applying the stock's normalized valuation corridor produces a fair range of ₹4,189.55 to ₹5,512.49, with base value near ₹4,598.67 (+17.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹68.76

Forward P/E

56.9x

Base Fair Value

₹4,598.67

Fair Range

₹4,189.55 - ₹5,512.49

Upside To Base

+17.5%

Estimate Source

Live forward EPS

Growth Estimate

-36.4%

P/E
Strongly Overvalued

5Y Average

55.77

Current

82.79

Overvalued

80.17

Undervalued

60.93

EV/EBITDA
Strongly Overvalued

5Y Average

47.53

Current

70.55

Overvalued

61.29

Undervalued

30.28

P/B
Overvalued

5Y Average

9.12

Current

10.07

Overvalued

10.49

Undervalued

7.75

Peers & Comparison

Sector: Industrials · Theme: Conglomerates

Conglomerates Peers5 peers
Avg P/E: 82.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ABB INDIA LIMITED
ABBHeavy Electrical Equipments
+12.1%21.3%
102.7x
Premium
+25% vs avg
+50.6%
BHEL
BHELHeavy Electrical Equipments
+40.3%6.8%
58.3x
Undervalued
-29% vs avg
+83.0%
CG POWER AND IND SOL LTD
CGPOWERHeavy Electrical Equipments
+14.0%9.8%
111.1x
Premium
+35% vs avg
+32.2%
GE VERNOVA T&D INDIA LTD
GVT&DHeavy Electrical Equipments
+38.0%19.4%
84.6x
Fair
+3% vs avg
+53.5%
COCHIN SHIPYARD LIMITED
COCHINSHIPShipbuilding
-15.6%14.3%
55.2x
Undervalued
-33% vs avg
-8.5%
WHY THESE PEERS

SIEMENS LTD trades in line with peers (82.8x vs avg 82.4x), reflecting a fair valuation within the Conglomerates cohort. Peers include ABB INDIA LIMITED, BHEL, CG POWER AND IND SOL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹3.40K CrDec 2025

Latest net profit

₹263 CrDec 2025

Latest EPS

₹5.87Dec 2025

Net margin

6.8%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%3.0%6.0%9.0%12.0%0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr850 Cr1.70K Cr2.55K Cr3.40K Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-3.50K Cr0.00 Cr3.50K Cr7.00K Cr10.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales4,4654,4735,3823,3205,3143,3283,9742,9483,8093,8684,3633,398
Expenses3,9103,9684,7502,9404,5252,9253,5212,6493,4223,4403,8503,123
Operating Profit501441577344733358416259344386472232
OPM %11.22%9.86%10.72%10.36%13.79%10.76%10.48%8.77%9.03%9.97%10.82%6.84%
Other Income18210813915326814722516327910899.498.2
Interest7.43.44.52.330.2417.72.61.82.43.15.2
Depreciation53.863.954.336.155.644.736.940.442.442.741.242.9
Profit before tax676546712495971501624419621492568325
Tax %24.53%25.71%24.97%25.38%27.49%22.84%25.32%25.78%19.68%26.04%26.95%19.24%
Net Profit510406534369704386466311499364415263
EPS in Rs14.5011.9015.0013.0225.1814.9021.7615.8118.9410.3711.785.87

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%
FII8.19%7.66%7.00%6.85%6.80%
DII7.28%7.24%8.04%8.35%8.59%
Public7.51%7.93%7.87%7.77%7.56%
Others2.02%2.17%2.09%2.03%2.05%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

Jun 03, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 28, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 28, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 25, 2026PDFKnowledge Base Open

Transcript for earnings call Dec 2025

Dec 01, 2025PDFKnowledge Base Open