🔍

ENRIN - Siemens Ener.Ind

📊 NSE: ENRIN 🏢 Heavy Electrical Equipment 📅 Last Updated: 11/13/2025 15:25

📢 Recent Corporate Announcements

Siemens Energy India Approves ₹4 Dividend and Appoints New Secretarial Auditors at 2nd AGM

🟢 POSITIVE ⭐ 6/10

ROUTINE 📅 13 Feb 2026, 09:37 PM

Siemens Energy India Limited held its 2nd Annual General Meeting on February 13, 2026, where shareholders approved a dividend of ₹4 per equity share for FY 2024-25. The company appointed Messrs. Parikh Parekh & Associates as Secretarial Auditors for a five-year term starting from FY 2025-26. Additionally, the audited financial statements for the year ended September 30, 2025, were adopted, and material related party transactions with Siemens Energy Global GmbH & Co. KG were approved. The board also re-appointed Mr. Sunil Mathur and Mr. Harish Shekar as directors.

Approved a dividend of ₹4 per equity share for the financial year 2024-25.
Appointed Messrs. Parikh Parekh & Associates as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30).
Adopted audited financial statements for the year ended September 30, 2025.
Approved material related party transactions with parent entity Siemens Energy Global GmbH & Co. KG for FY 2025-26.
Re-appointed Mr. Sunil Mathur and Mr. Harish Shekar as Directors upon rotation.

💡 Investors should note the ₹4 dividend payout and the stability in governance through the appointment of new auditors. The approval of material related party transactions indicates continued operational integration with the global parent entity.

Siemens Energy India Approves ₹4 Dividend and Related Party Transactions at 2nd AGM

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 13 Feb 2026, 09:26 PM

Siemens Energy India Limited successfully concluded its 2nd Annual General Meeting, where shareholders approved a dividend of ₹4 per equity share for FY 2024-25. The meeting also saw the approval of material related party transactions with Siemens Energy Global GmbH & Co. KG for the next fiscal year. Key leadership remains stable with the re-appointment of Mr. Sunil Mathur and Mr. Harish Shekar as directors. Furthermore, the company appointed new secretarial auditors for a five-year tenure to ensure regulatory compliance.

Declared a dividend of ₹4 per equity share for the financial year 2024-25.
Approved material related party transactions with Siemens Energy Global GmbH & Co. KG for FY 2025-26.
Appointed Messrs. Parikh Parekh & Associates as Secretarial Auditors for a five-year term starting FY 2025-26.
Re-appointed Mr. Sunil Mathur and Mr. Harish Shekar as Directors of the Company upon rotation.

💡 Investors should monitor the execution of related party transactions with the global parent as they are crucial for operations. The ₹4 dividend provides a tangible return, reflecting the company's commitment to shareholder value.

Siemens Energy India Approves ₹4 Dividend and Key Appointments at 2nd AGM

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 13 Feb 2026, 09:21 PM

Siemens Energy India Limited successfully conducted its 2nd Annual General Meeting on February 13, 2026, where shareholders approved all proposed resolutions. A significant outcome was the declaration of a ₹4 per equity share dividend for the financial year 2024-25. The meeting also saw the re-appointment of key directors and the approval of material related party transactions with the global parent entity for the 2025-26 fiscal year. Additionally, new secretarial auditors were appointed for a five-year tenure to ensure regulatory compliance.

Approved a dividend of ₹4 per equity share for the financial year 2024-25
Adopted audited financial statements for the fiscal year ended September 30, 2025
Appointed Messrs. Parikh Parekh & Associates as Secretarial Auditors for a 5-year term through FY 2029-30
Authorized material related party transactions with Siemens Energy Global GmbH & Co. KG for FY 2025-26
Re-appointed Mr. Sunil Mathur and Mr. Harish Shekar as Directors of the Company

💡 Investors should monitor the record date for the ₹4 dividend payout and take note of the continued leadership stability. The approval of related party transactions indicates ongoing operational integration with the global parent group.

Siemens Energy India Q1 PAT Up 35% to ₹313 Cr; Board Approves ₹2,060 Cr New Factory Investment

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 13 Feb 2026, 02:04 PM

Siemens Energy India (ENRIN) delivered a strong performance for Q1 FY2026, with revenue growing 26% YoY to ₹1,911 crore and PAT rising 35% to ₹313 crore. A major strategic highlight is the board's approval of a ₹2,060 crore investment for a new power transformer factory with a 30,000 MVA capacity, funded through internal accruals. This expansion, slated for completion between FY30 and FY32, targets the surging global and domestic demand for energy transition. Despite a ₹52 crore exceptional labor-related charge, operational margins remained healthy across transmission and generation segments.

Revenue from operations increased 26% YoY to ₹19,109 million for the quarter ended December 31, 2025.
Net Profit (PAT) rose 35% YoY to ₹3,129 million, with EPS improving to ₹8.79 from ₹6.51 in the previous year.
Approved ₹2,060 crore capex for a new 30,000 MVA power transformer factory to be commissioned between FY30-FY32.
Power Transmission segment revenue grew 34% YoY to ₹11,237 million, contributing the majority of profit from operations.
The company recorded an exceptional item of ₹519 million related to the consolidation of labor legislation by the Government of India.

💡 Investors should look favorably on the massive ₹2,060 crore capex plan as it secures long-term growth visibility in the high-demand transformer market. The stock remains a core play on the global energy transition and India's power infrastructure upgrade.

Siemens Energy India Appoints Mahesh Rao as Head of Steam Turbines & Generators

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Feb 2026, 01:59 PM

Siemens Energy India Limited (ENRIN) has announced a leadership transition within its Steam Turbines & Generators execution unit. Mr. Mudit Jain will resign effective April 17, 2026, to take up a new role at the global parent entity, Siemens Energy AG. He will be succeeded by Mr. Mahesh Rao, effective April 1, 2026, ensuring a smooth transition period. Mr. Rao is a company veteran with over 29 years of experience within the Siemens Group and over 30 years in the industry.

Mr. Mudit Jain to cease being Execution Unit Head effective close of business on April 17, 2026.
Mr. Mahesh Rao appointed as the new Execution Unit Head effective April 1, 2026.
Incoming head Mr. Rao has over 29 years of experience within the Siemens Group.
Mr. Rao previously served as Country Business Segment Manager for the Service Business since January 2023.

💡 This is a routine management transition involving an internal veteran, which typically ensures operational continuity. No immediate action is required from investors.

Siemens Energy India Clarifies Financial Reporting Queries from NSE

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 20 Jan 2026, 03:56 PM

Siemens Energy India Limited (ENRIN) has responded to queries from the National Stock Exchange regarding its financial results for the year ended September 30, 2025. The company clarified that the 'Unaudited' label for Q4 results is a standard accounting practice, as these are balancing figures between the full audited year and the nine-month period. Additionally, the company confirmed that a declaration of an unmodified audit opinion was already submitted in its original filing on November 24, 2025. This clarification resolves administrative reporting concerns and does not impact the reported financial figures.

NSE sought clarification on the 'Unaudited' status of Q4 results for the period ended September 30, 2025.
Company explained Q4 figures are balancing figures between audited annual and nine-month unaudited data.
Confirmed that an unmodified audit opinion declaration was part of the original submission on November 24, 2025.
The response ensures compliance with Regulation 33 of SEBI LODR Regulations.

💡 No action is required as this is a procedural clarification regarding reporting formats. Investors should focus on the underlying audited financial performance previously disclosed.

Siemens Energy India to Hold 2nd AGM on Feb 13, 2026; Dispatches FY25 Annual Report

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 19 Jan 2026, 06:23 PM

Siemens Energy India Limited has scheduled its 2nd Annual General Meeting (AGM) for February 13, 2026, at 3:00 PM IST via video conferencing. The company has dispatched letters to shareholders whose email addresses are not registered, providing web links to the FY 2024-25 Annual Report. The cut-off date for determining eligibility for the dispatch was January 9, 2026. This is a routine regulatory compliance step to ensure all members have access to the meeting notice and financial statements.

2nd Annual General Meeting scheduled for February 13, 2026, via Video Conferencing.
Annual Report for FY 2024-25 and AGM notice dispatched to shareholders on January 19, 2026.
Cut-off date for determining eligibility for dispatch was January 9, 2026.
Shareholders are requested to update email IDs with Registrar MUFG Intime India Private Limited.

💡 Investors should review the FY 2024-25 Annual Report for insights into the company's performance and governance. No immediate trading action is required as this is a routine administrative update.

Siemens Energy India FY25 PAT at ₹11,001M; Proposes 200% Dividend & ₹7,400M Capex

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 16 Jan 2026, 03:10 PM

Siemens Energy India (ENRIN) reported a strong performance for FY2024-25, its first full year post-demerger, with Profit After Tax reaching ₹11,001 million. The company secured massive new orders worth ₹131,137 million, reflecting robust demand in the energy transition and grid transmission sectors. A dividend of 200% (₹4 per share) has been proposed, alongside a significant capex commitment of ₹7,400 million to expand manufacturing capacity for transformers and switchgear. The company is strategically positioned to benefit from India's projected 3X growth in electricity consumption by 2032.

Reported Profit After Tax (PAT) of ₹11,001 million for FY25 with an operating profit margin of 18%.
New order inflows reached ₹131,137 million, driven by infrastructure contracts and global exports.
Proposed a dividend of 200%, amounting to ₹4 per equity share for the financial year.
Announced ₹7,400 million capex to scale up manufacturing at Kalwa and Chhatrapati Sambhajinagar.
Return on Equity (ROE) stood at a healthy 25.11% with a book value per share of ₹123.03.

💡 Investors should consider the strong order backlog and aggressive capex as indicators of sustained growth in the power sector. The 200% dividend payout reflects strong cash flow generation and management's commitment to shareholder returns.

Siemens Energy India Sets Jan 30, 2026 as Record Date for FY25 Dividend

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 09 Jan 2026, 07:48 PM

Siemens Energy India Limited (ENRIN) has fixed January 30, 2026, as the record date to determine eligibility for the dividend for the financial year 2024-25. The dividend is subject to shareholder approval at the company's upcoming 2nd Annual General Meeting. If approved, the dividend payment will commence from February 18, 2026, for all eligible equity shareholders. This applies to fully paid-up equity shares with a face value of Rs. 2 each.

Record date for FY 2024-25 dividend eligibility is Friday, January 30, 2026
Dividend payment to start from February 18, 2026, following approval at the 2nd AGM
Applies to equity shares with a paid-up value of Rs. 2 per share
Beneficiaries will be identified based on NSDL and CDSL data as of the record date

💡 Investors interested in the dividend should ensure they hold the shares before the ex-dividend date. Monitor the upcoming AGM for the announcement of the specific dividend amount per share.

Siemens Energy India Files Routine SEBI Compliance Certificate for Quarter Ended Dec 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jan 2026, 05:22 PM

Siemens Energy India Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The report, issued by MUFG Intime India Private Limited, covers the period ending December 31, 2025. It confirms that no requests for dematerialization or rematerialization of equity shares were processed during the quarter. This filing is a standard procedural requirement for listed companies in India to ensure share record accuracy.

Compliance certificate filed for the quarter ended December 31, 2025.
Registrar MUFG Intime India confirmed zero demat or remat requests received during the period.
The filing adheres to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

💡 No action is required as this is a standard administrative filing. Investors should continue to monitor the company's operational performance and financial results.

Siemens Energy India Announces Trading Window Closure for Q1 FY2026 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Dec 2025, 12:15 PM

Siemens Energy India Limited (ENRIN) has announced the closure of its trading window starting December 31, 2025. This action is taken in accordance with SEBI (Prohibition of Insider Trading) Regulations for the purpose of declaring financial results for the first quarter ending December 31, 2025. The trading window will remain closed for all designated persons until 48 hours after the financial results are officially disclosed to the stock exchanges. This is a standard regulatory procedure for listed companies in India.

Trading window closure begins on December 31, 2025, for Q1 financial results.
The closure is mandated by the SEBI (Prohibition of Insider Trading) Regulations, 2015.
The window will reopen 48 hours after the announcement of the financial results to BSE and NSE.
The restriction applies to all designated persons and their immediate relatives as per the company's code of conduct.

💡 No action is required as this is a routine regulatory filing. Investors should look out for the upcoming board meeting date announcement for the actual Q1 earnings release.

Siemens Energy India Announces ₹4 Dividend and Issues TDS Guidelines for FY 2024-25

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 16 Dec 2025, 05:19 PM

Siemens Energy India Limited has recommended a dividend of ₹4 per equity share (200% of face value) for the financial year ended September 30, 2025. The company has issued a detailed communication regarding Tax Deducted at Source (TDS) requirements for various shareholder categories. Resident shareholders with a valid PAN will be subject to a 10% TDS, while those without a linked PAN will face a 20% deduction. Shareholders must submit relevant tax exemption documents, such as Form 15G/15H or Tax Residency Certificates, by January 23, 2026, to avail of lower tax rates.

Recommended dividend of ₹4 per equity share with a face value of ₹2 each.
Standard TDS rate of 10% for resident shareholders with a valid and linked PAN.
Exemption from TDS for resident individuals if the total dividend paid is up to ₹10,000.
Non-resident shareholders face a 20% TDS plus applicable surcharge and cess, unless Tax Treaty benefits are claimed.
Deadline for submitting tax-related documents to the company is Friday, January 23, 2026.

💡 Shareholders should ensure their PAN is updated and linked to Aadhaar in their demat accounts to avoid a higher 20% tax deduction. Eligible investors should submit Form 15G/15H or Tax Residency Certificates to the company's registrar before the January 23 deadline.

Siemens Energy India Outlines Growth Strategy; Doubling Kalwa Transformer Capacity

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 16 Dec 2025, 02:38 PM

Siemens Energy India (ENRIN) conducted its first analyst meet post-listing, emphasizing its role as a pure-play energy leader across generation, transmission, and industrial sectors. The company is doubling its transformer manufacturing capacity at the Kalwa plant to address the massive infrastructure gap in India's power grid. Management highlighted that India's per capita electricity consumption is currently only 1/3rd of the global average, indicating significant long-term growth potential. The company's Vadodara facility has also reached a major milestone, having delivered over 2,000 industrial steam turbines to date.

Doubling manufacturing capacity at the Kalwa transformer factory to capitalize on energy transition demand.
Vadodara steam turbine factory reached a milestone of 2,000 units delivered to industrial customers.
Company maintains a significant market presence with approximately 25% of India's gas turbine fleet.
India needs to install power capacity equivalent to two Germanys in the next 7-10 years to meet growth targets.
Listed on June 19, 2025, the company is now a pure-play energy entity covering the entire value chain.

💡 Investors should view the capacity expansion at Kalwa as a strong indicator of future revenue growth in the transmission segment. The stock remains a key play on India's long-term energy transition and infrastructure scaling.

Siemens Energy India Releases Audio Recording of Analyst Meet Held Dec 10, 2025

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Dec 2025, 08:03 PM

Siemens Energy India Limited (ENRIN) has officially released the audio recording of its Analyst and Institutional Investor meeting held on December 10, 2025. This disclosure is made in compliance with SEBI Listing Regulations 30 and 46 to ensure transparency for all shareholders. The recording provides a detailed account of the discussions between management and institutional investors regarding the company's performance and outlook. Investors can access the full audio file via the link provided on the company's official website.

Audio recording of the Analyst/Institutional Investor meet held on December 10, 2025, is now available.
The filing is in accordance with Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The recording is hosted on the company's official website at siemens-energy-india.com.
This follows the company's recent listing and corporate identity updates under CIN L28110MH2024PLC418770.

💡 Investors should listen to the recording to understand management's strategic vision and operational updates for the newly listed entity. No immediate portfolio changes are recommended based on this administrative disclosure.

Siemens Energy India: Analyst/Investor Meet Presentation - Dec 10, 2025

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 10 Dec 2025, 09:15 AM

Siemens Energy India Limited presented to analysts and institutional investors on December 10, 2025. The presentation highlighted the company's 100+ years of serving India's energy sector and its position as a leading pureplay energy company. The company reported an order entry of ₹13,100 Cr in FY25 and an order backlog of ₹16,200 Cr. The presentation also emphasized the company's commitment to sustainability and innovation.

FY25 Order Entry: ₹13,100 Cr
FY25 Order Backlog: ₹16,200 Cr
Market Cap: ₹1.2 Lac Cr (as of Sep 30, 2025)
EBITDA (% of Revenue) FY25: 19.3%
Book-to-Bill FY25: 1.7

💡 Review the investor presentation on the company website for a deeper understanding of Siemens Energy India's strategy and financial performance. Monitor the company's progress on order execution and its impact on future revenue growth.

View All ENRIN Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue grew 25% YoY to INR 78.3 billion in FY25. The Transmission segment grew 40% to INR 41.9 billion, driven by power evacuation needs, while the Generation segment grew 11% to INR 36.4 billion supported by order backlog execution.

Geographic Revenue Split

Domestic revenue accounts for 77% of the total, while Export revenue contributes 23%, representing a 300 basis point increase from 20.1% in FY24 as the company leverages its global manufacturing network.

Profitability Margins

EBITDA margins have shown consistent improvement, rising from 12.7% in FY23 to 15.7% in FY24, and reaching 19.3% in FY25. This trend is driven by a higher mix of services and improved operational efficiency.

EBITDA Margin

EBITDA margin stood at 19.3% for FY25, a 360bps increase YoY. Excluding a 1.3% one-time effect, the normalized EBITDA margin is 18%, reflecting strong core profitability from project execution and service mix.

Capital Expenditure

Not disclosed in absolute INR Cr, but the company is investing in local manufacturing and R&D facilities, maintaining 8 factories and 4 engineering centers to support a 49% growth in order intake.

⚙️ Operational Drivers

Raw Materials

Specific raw materials like copper or steel are not quantified, but 'spare parts' and 'components' for turbines and transformers are critical, with the company emphasizing local manufacturing to manage costs.

Capacity Expansion

Currently operates 8 factories and 4 R&D centers. Scalability is planned through digitalization and operational leverage, ensuring employee costs do not grow linearly with the 25% revenue increase.

Raw Material Costs

Gross margins are reported as sustainable; the business mix has shifted with products increasing to 32% of revenue (up from 27.3%) and projects decreasing to 42.4% (down from 47%).

Manufacturing Efficiency

Operating leverage is expected to improve as volumes increase; the company aims to reduce the proportion of employee costs through a high accent on digitalization and R&D (1,500 employees).

📈 Strategic Growth

Expected Growth Rate

39-40%

Growth Strategy

Growth will be achieved by capitalizing on the Indian 'electrification cycle' and a 49% YoY increase in order intake (INR 131.1 billion). Strategy includes expanding the high-margin service portfolio (25.6% of revenue), targeting a 50% market share in grid stabilization tech like Statcom/FACTS, and increasing export contributions which grew 300bps this year.

Products & Services

Gas turbines, steam turbines, transformers, switchgears, Statcom, FACTS, and specialized engineering/R&D services for global and domestic power plants.

Brand Portfolio

Siemens Energy.

New Products/Services

Statcom and FACTS products, which already hold a 50% market share, are expected to be significant contributors to future intake as renewable energy integration increases.

Market Expansion

Targeting India, Bhutan, Nepal, Maldives, and Sri Lanka, while serving as a global 'competence hub' for engineering and R&D.

Market Share & Ranking

Holds a 50% market share in the Statcom and FACTS segment.

Strategic Alliances

Licensed trademark and technology partnership with Siemens AG.

🌍 External Factors

Industry Trends

The industry is shifting toward 'Renewable plus Coal' solutions, requiring grid stabilization. Transmission demand is growing rapidly, evidenced by the company's 76% growth in transmission orders to INR 84.3 billion.

Competitive Landscape

Competes with GE Vernova and Hitachi, particularly in large-scale HVDC projects and power equipment expansion.

Competitive Moat

Sustainable moat through a 50% market share in specialized grid technology (Statcom) and a large installed base that secures recurring service revenue (25.6% of total revenue).

Macro Economic Sensitivity

Highly sensitive to India's GDP growth (6.6% projected) and the resulting electrification cycle, as industrial electricity consumption is expected to grow from 590 TWh to 1,650 TWh by 2035.

Consumer Behavior

Increased demand for 24/7 power and renewable energy evacuation is driving utilities toward advanced switchgears and transformers.

Geopolitical Risks

Export revenue (23%) is subject to global manufacturing network decisions made at the headquarters level, which considers lead times and factory qualifications globally.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with Ind AS 103 for financial reporting following the company's incorporation on February 7, 2024.

Environmental Compliance

Fully committed to 'Zero Harm' safety standards for all employees and contractors; focus on renewable energy evacuation supports national ESG goals.

⚠️ Risk Analysis

Key Uncertainties

The timing of 'big ticket' HVDC orders remains uncertain, which could lead to lumpy order intake. Export growth is also uncertain as it depends on global parent company mandates.