# Siemens Energy India share price today (Siemens Energy India Ltd, NSE: ENRIN)

> Siemens Energy India share price today: ₹2,963.00 at the NSE close on 4 November 2026, down 8.2% in a year. Siemens Energy India (NSE: ENRIN) is worth ₹1,05,530 crore, trades at a P/E of 69.1 and has closed between ₹2,125.40 and ₹3,872.10 over the past 52 weeks. > Siemens Energy India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ENRIN · Electrical Equipments/HVDC · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/siemens-energy-india-ltd

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## Key numbers

- Price: ₹2,963.00 (−8.2% in a year)
- P/E: 69.1× (lower than 97% of the last 1 year)
- Revenue (Jun 2026): ₹2,486 Cr (+39.3% on a year ago)
- Profit (Jun 2026): ₹441 Cr (+67.7% on a year ago)
- Operating margin: 24.0% (+5.0 points on a year ago)
- ROCE: 68%, FY25
- ROIC: 83.0%, against a 12.0% cost of capital: +71.0 points
- Profit that came in as cash: 250%, last 2 years

The main question: domestic institutions moved −2.7 percentage points over 5 quarters while the business went the other way. ## What is the Siemens Energy India share price today? Siemens Energy India Ltd's share price was ₹2,963.00 at the close on 4 November 2026. It has been falling for 1 week. That is 6.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,125 and ₹3,872, and at that close it sat 48% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 5 weeks running. Over the last 1 year the share price moved +12% while the NIFTY 500 moved −6%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 1 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Siemens Energy India this quarter? Three changes stood out: indian funds and insurers (DIIs) cut their stake for 5 quarters in a row, highest quarterly profit in 9 quarters and operating margin up 5 points on a year earlier. 1. Indian funds and insurers (DIIs) cut their stake for 5 quarters in a row From 9.1% to 6.4% of the company by the September 2026 quarter. 2. Highest quarterly profit in 9 quarters Profit of ₹441 crore in the June 2026 quarter is the highest of the last 9 quarters. 3. Operating margin up 5 points on a year earlier 24% in the June 2026 quarter, from 19%. ## What are Siemens Energy India's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Siemens Energy India reported revenue of ₹2,486 crore, up 39.3% from ₹1,785 crore a year earlier, and a profit of ₹441 crore, up 67.7% from ₹263 crore. ### Siemens Energy India results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,486 crore | ₹1,785 crore | +39.3% |
| Profit | ₹441 crore | ₹263 crore | +67.7% |
| Earnings per share | ₹12.38 | ₹7.38 | +67.8% |
| Operating margin | 24.0% | 19.0% | +5.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 15 May 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Siemens Energy India share price history? Siemens Energy India closed at ₹2,963.00 on 4 November 2026, down 8.2% from ₹3,228.20 a year earlier (7 November 2025). Its highest weekly close since June 2025 was ₹3,872.10 on 29 May 2026. ### Siemens Energy India share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹2,803.30 | +5.7% |
| 1 month ago · 1 Oct 2026 | ₹3,334.00 | −11.1% |
| 6 months ago · 8 May 2026 | ₹3,183.20 | −6.9% |
| 1 year ago · 7 Nov 2025 | ₹3,228.20 | −8.2% |
| Earliest weekly close in our records · 20 Jun 2025 | ₹2,640.80 | +12.2% |
| Highest weekly close since June 2025, also the 52-week high · 29 May 2026 | ₹3,872.10 | −23.5% |
| Lowest weekly close since June 2025, also the 52-week low · 23 Jan 2026 | ₹2,125.40 | +39.4% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (79 weekly closes from 20 June 2025 to 4 November 2026.)

## What is the latest news on Siemens Energy India? 4 Nov 2026: Siemens Energy India closed at ₹2,963.00, up 5.7% on the week and down 11.1% on the month. Results for April to June 2026: Revenue up 39.3% and profit up 67.7% on a year earlier. ### Earlier

- 15 May 2026: Siemens Energy India held its results call for January to March 2026. Management guided: India power generation capacity addition 200+ GW through 2035-36 per CEA mid-term plan, prepared, directional, provides long-term visibility without seasonal or segment breakdown. - 30 Jan 2026: ex-date for a dividend of ₹4 a share. ## What dividend does Siemens Energy India pay? Siemens Energy India paid ₹4 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.13% at the ₹2,963.00 close on 4 November 2026. The last was a dividend of ₹4 a share, ex-date 30 January 2026. ### Siemens Energy India dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 30 Jan 2026 | ₹4 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Siemens Energy India Ltd paid out 13% of its profit as dividends in FY25, and it paid a dividend in 1 of its last 3 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What did Siemens Energy India management say on the latest results call? On the call for January to March 2026, held on 15 May 2026, Siemens Energy India's management guided: India power generation capacity addition 200+ GW through 2035-36 per CEA mid-term plan, prepared, directional, provides long-term visibility without seasonal or segment breakdown. > “Our order backlog has increased from Rs 150 billion to Rs 184 billion, which translates into a growth of 22.2%. This is an important indicator as it provides visibility on future revenues and reflects both robust market demand and our ability to convert opportunities into orders.”
> Harish Shekar, CFO, on the call for January to March 2026

### What management guided

- Transmission transformation 800 GVA (substations, grid stabilization, HVDCs) required to support generation evacuation, prepared, directional, underpins PT growth thesis but no segment-level timing. - Capital spending ₹28 billion program: brownfield expansions online mid-2027, greenfield transformer factory location under evaluation, prepared, specific brownfield timing, directional on greenfield completion. - Data center market India to reach 5-18 GW range from current 1-1.5 GW, prepared but directional only, management acknowledged significant forecast variance and cautioned against TAM precision. - Synchronous condenser first project CY26 (localization timing dependent on market volume); services typically grow 5-10 percent annually with installed fleet, extracted, both directional only. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/59098-15-May-2026.pdf). (From the call for January to March 2026, 15 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What is the future of Siemens Energy India? What is changing in the business? - Order Book Execution, 1.5× Book-to-Bill Confirmed. Backlog ₹184 billion (+22.2% on a year earlier) with book-to-bill 1.5×, management explicitly cited 22% backlog growth as the superior leading indicator vs sequential quarterly order variability. ⚠ estimate
- Operating Leverage, Brownfield Capacity Mid-2027. Underlying margin 18.9% (+170 basis points on a year earlier); PG segment expanded from 17.7% to 21.3% on fixed-cost absorption; brownfield expansions aiming for mid-2027 add capacity without delaying near-term leverage. ⚠ estimate
- India T&D Structural Demand, CEA 200+ GW Plan. India's CEA mid-term plan: 200+ GW generation capacity addition through 2035-36 and 800 GVA transmission transformation required, management cited as prepared directional guidance confirming multi-year demand. ⚠ estimate
- Services Recurring Revenue, 28-29% Growth. Services ₹12 billion (27% of H1 FY26 revenue) growing 28-29% through turbine maintenance, ER&D, and switchgear services, recurring revenue insulated from project order lumpiness. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the latest results, written 31 May 2026.)

## What is Siemens Energy India's order book? H1 FY26 revenue ₹43 billion (up 27 percent on a year earlier from ₹34 billion) with operating margin 20.7 percent (up 160 basis points); order backlog ₹184 billion (up 22 percent on a year earlier); book-to-bill at 1.5x. - Order backlog ₹184 billion (+22.2% on a year earlier from ₹150 billion) ✓ fact
- Power Transmission order backlog ₹125 billion (up 27.5 percent on a year earlier) with revenue ₹24 billion (up 30 percent on a year earlier); major wins include 13 x 500 MVA 765 kV transformers. ✓ fact
- Order backlog ₹184 billion = approximately 2.1× last 12 months revenue (last 12 months revenue ₹8,735 Cr from screener) ✓ fact

(Our read after the latest results, written 31 May 2026.)

## What could change the Siemens Energy India story? What are the risks? H1 FY26 reported margin includes 260 basis points FX/commodity gains; underlying 18.9% is real but reversible if FX normalizes. ### The main risks

- One-Off Margin Tailwinds, FX/Commodity Gains 260 basis points: H1 FY26 reported margin includes 260 basis points FX/commodity gains; underlying 18.9% is real but reversible if FX normalizes. ✓ fact
- Statcom Market Muted, H1 FY26 After Strong FY25: Statcom grid stabilization market muted H1 FY26 after FY25 strength; project finalizations pending, key PT growth lever is stalled near-term. ✓ fact

(Our read after the latest results, written 31 May 2026.)

## What to watch in Siemens Energy India's next results? When Siemens Energy India reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: PG margin sustainability: 21.3 percent H1 driven by fixed-cost absorption on 23 percent volume growth; verify if operating leverage persists or normalizes as growth trajectory moderates. - What to check (from the call)
- PG margin sustainability: 21.3 percent H1 driven by fixed-cost absorption on 23 percent volume growth; verify if operating leverage persists or normalizes as growth trajectory moderates. - Capital spending execution timeline: Kalwa and Sambhaji Nagar brownfield plus greenfield transformer factory site selection progress toward mid-2027 goals; delays would signal execution risk and capacity capture capability. - Statcom market recovery: H1 was muted after strong FY25; monitor H2 project finalizations and order wins indicating recovery or if ordering remains depressed, critical PT growth lever. - Nuclear energy traction: India 100 GW by 2047 goal flagged as opportunity with SEIL steam island positioning; track for concrete RFP inflows or project announcements indicating pipeline maturation. ## Which stock lists is Siemens Energy India on? Siemens Energy India is on 2 of our India lists: Small & mid cap stocks and Power & green energy stocks. - [Small & mid cap stocks Size rank in India: 110](https://www.sectoralpha.in/small-cap-stocks-india)
- [Power & green energy stocks Group on the list: Power equipment, transformers and cables](https://www.sectoralpha.in/sectors/power-stocks-india)

## Is Siemens Energy India profitable? Siemens Energy India Ltd earned ₹441 Cr of net profit in the Jun 2026 quarter, +67.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was ₹1,100 Cr. That is 17.7% of the quarter's revenue. The same quarter a year earlier earned ₹263 Cr. For the full year, FY25 profit was ₹1,100 Cr (+168.9% on the year before). Why profit moved: revenue changed +39.3% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +51.7% and revenue +30.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Siemens Energy India make, and is it growing? Siemens Energy India Ltd reported ₹2,486 Cr of revenue in the Jun 2026 quarter, +39.3% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. The last full year, FY25, came in at ₹7,827 Cr. The last four reported quarters add to ₹9,437 Cr. Why this happened. At H1 FY26, order backlog reached Rs 184 billion from Rs 150 billion a year prior. Power Transmission backlog Rs 125 billion (+27.5% YoY) and Power Generation backlog Rs 59.2 billion (+12.4% YoY). Management characterized sequential order decline as inherent infrastructure project timing variability, not demand weakness. Book-to-bill at 1.5× implies 18-month forward revenue floor. Services backlog adds recurring revenue (28-29% services growth) independent of new project orders. A growth rate over several years is not shown, because there are too few years of figures to work one out properly. FY25 revenue was ₹7,827 Cr, +195.0% on the year before. ## How much of every ₹100 of sales does Siemens Energy India keep? Siemens Energy India Ltd's operating margin was 24.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 3 years it has been between 18.0% and 22.0%. The latest quarter is above every full year in that period. Why this happened. PG margin expanded 360 bps on 23% revenue volume growth, operating leverage mechanism confirmed at segment level. PT margin held flat at 20.3% despite 500 bps export mix increase (higher logistics costs absorbed by value-before-volume selection). Kalwa transformer capacity doubling (15,000 to 30,000 MVA) and Sambhaji Nagar switchgear expansion goal mid-2027 delivery; greenfield transformer factory site selection underway. Near-term revenue growth continues off existing cost base, extending operating leverage through FY27-28. Why the margin moved: operating margin changed +4.5 percentage points on the year while gross margin changed +13.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Siemens Energy India's profit turning into cash? Over the last 2 years, 250% of Siemens Energy India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹3,670 Cr of operating cash against ₹1,100 Cr of profit. After ₹715 Cr of spending on assets, ₹2,955 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 250% of profit came in as cash: the cash cycle got 52 days shorter between FY24 and FY25, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 6.9× depreciation over three years. The next section checks what that spending is building. ## Where does Siemens Energy India's cash go? Siemens Energy India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 90 days in FY25, down from 142 days in FY24. It spent ₹715 Cr on assets over the last 1 years. At FY25 sales of ₹7,827 Cr, each day of that cycle ties up about ₹21.4 Cr, so roughly ₹1,930 Cr is tied up in the business at any time. Spending on assets: ₹715 Cr over the last 1 years, against ₹103 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹76.0 Cr (FY25): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Siemens Energy India's P/E ratio, and how does it compare with its own history? Siemens Energy India Ltd's P/E is 69.1×, near the low end of its own history: it has been lower only 3% of the time. Its usual P/E (the middle reading) is 89.3×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹41.79. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Siemens Energy India business getting better or worse? Siemens Energy India Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## What is the Siemens Energy India story, and has it been checked? Siemens Energy India Ltd's story is not scored yet against the checks our research set on 31 May 2026. Where it sits in its own cycle: NO CYCLE DATA. Our read, 31 May 2026. From the numbers. ENRIN listed Jun-2025; no 10-year cycle data available. From the price. Price stage 4, week 1, below its 200-day line, relative strength falling. From the research. Where they disagree. ENRIN listed Jun-2025; no 10-year cycle data available. FII progressive accumulation: 4.79% (Jun-2025) → 7.59% (Mar-2026). What is proven. What is not proven yet. The test written in advance. The test written in advance. Territory Constraint, South Asia Cap on Autonomous Export Growth. Measured by: Territory Constraint, South Asia Cap on Autonomous Export Growth Any change in parent territory assignment or explicit export partnership announcement by the next result. The test written in advance. HVDC Order Delays, Leh-Kaithal Conversion Risk. Measured by: HVDC Order Delays, Leh-Kaithal Conversion Risk Ministry of Power announcement on Leh-Kaithal technology choice; Khavda-South Olpad award notification by the next result. What the company does. Rs 28 billion capex program announced: Rs 7.4 billion brownfield (Kalwa + Sambhaji Nagar, mid-2027) and Rs 20.6 billion greenfield transformer factory under site evaluation, management committing to the 2030-35 horizon. Territory constraint confirmed: ENRIN operates South Asia only (India/Bhutan/Nepal/Sri Lanka/Maldives); other exports via parent on request, cap on autonomous export growth acknowledged. Lever 6 · Order-book wins: building. Backlog Rs 184 billion (+22.2% YoY) with book-to-bill 1.5×, management explicitly cited 22% backlog growth as the superior leading indicator vs sequential quarterly order variability. What proves it keeps working: Order Book Execution, 1.5× Book-to-Bill Confirmed. Lever 2 · Value-added mix: building. Underlying margin 18.9% (+170 bps YoY); PG segment expanded from 17.7% to 21.3% on fixed-cost absorption; brownfield expansions aiming for mid-2027 add capacity without delaying near-term leverage. What proves it keeps working: Operating Leverage, Brownfield Capacity Mid-2027. Lever 1 · Operating leverage: building. India's CEA mid-term plan: 200+ GW generation capacity addition through 2035-36 and 800 GVA transmission transformation required, management cited as prepared directional guidance confirming multi-year demand. What proves it keeps working: India T&D Structural Demand, CEA 200+ GW Plan. Lever 7 · Consolidation: building. Services Rs 12 billion (27% of H1 FY26 revenue) growing 28-29% through turbine maintenance, ER&D, and switchgear services, recurring revenue insulated from project order lumpiness. What proves it keeps working: Services Recurring Revenue, 28-29% Growth. Sources: our stock research file (31 May 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## How much does Siemens Energy India earn on its capital? Siemens Energy India Ltd earned a ROCE of 68% in FY25. Its return on capital used (ROIC) is 71.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 14.1% net margin and 0.82× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 14.1% net margin × 0.82× asset turnover × 2.18× leverage (assets divided by equity) ≈ 25.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 83.0% − 12.0% = +71.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 83.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 48.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Siemens Energy India have too much debt? Siemens Energy India Ltd has total debt of ₹216 Cr against shareholder equity of ₹4,812 Cr as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.03 in FY25 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Siemens Energy India shareholding pattern? Foreign institutions raised their stake in Siemens Energy India Ltd by 2.8 percentage points over 5 quarters, the biggest change among its owners. Foreign institutions now own 7.6% of the company. Domestic institutions moved −2.7 points over the same period, to 6.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +2.8 points over 5 quarters, to 7.6%; Domestic institutions: −2.7 points over 5 quarters, to 6.4%; Promoters: +0.0 points over 5 quarters, to 75.0%. Why the owners changed: foreign institutions moved +2.8 points and domestic institutions −2.7 points over 5 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Siemens Energy India from balance-sheet trouble? For Siemens Energy India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Siemens Energy India rank in its industry? 45.7 out of 100, rank 6 of 6 in Electrical Equipments/HVDC, with 84% of the evidence available. Siemens Energy India Ltd scores 45.7 out of 100 against the 6 companies it is compared with in Electrical Equipments/HVDC, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 18.7 + 15.9 + 8.5 + 2.6 = 45.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Siemens Energy India compared with? Siemens Energy India ranks 6 of 6 Electrical Equipments/HVDC companies on the 4-Factor Sector Score, with 45.7 out of 100. 1. [Quality Power Electrical Equipments Ltd](https://www.sectoralpha.in/stocks/quality-power-electrical-equipments-ltd) QPOWER · breaking out · Most evidence points up · 71% evidence 75.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.0/35 · Revenue 89.9% · Profit 83.6% · Operating margin change 5 points · 83% evidence Capital efficiency 17.6/25 · ROCE 31.7% · Operating margin 23% · 76% evidence Valuation 9.1/20 · P/E 71.4× · PEG n/a · 15% evidence Relative strength 20.0/20 · Lead over its industry 14.7% · Lead over NIFTY 500 36.1% · 1 year 37% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29 + 17.6 + 9.1 + 20 = 75.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [GE Vernova T&D India Ltd](https://www.sectoralpha.in/stocks/ge-vernova-t-d-india-ltd) GVT&D · turning · Evidence leans up · 74% evidence 58.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 41.3% · Profit 56.4% · Operating margin change 1 points · 88% evidence Capital efficiency 21.4/25 · ROCE 77.4% · Operating margin 27% · 100% evidence Valuation 6.8/20 · P/E 69.4× · PEG 2.39 · 65% evidence Relative strength 10.9/20 · Lead over its industry n/a · Lead over NIFTY 500 6.6% · 1 year 32.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 19.1 + 21.4 + 6.8 + 10.9 = 58.2 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 3. [Hitachi Energy India Ltd](https://www.sectoralpha.in/stocks/hitachi-energy-india-ltd) POWERINDIA · losing its lead · Evidence leans up · 74% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.9/35 · Revenue 40.2% · Profit 100% · Operating margin change 5 points · 75% evidence Capital efficiency 15.1/25 · ROCE 29.4% · Operating margin 15% · 100% evidence Valuation 8.5/20 · P/E 102× · PEG n/a · 15% evidence Relative strength 2.2/20 · Lead over its industry -14% · Lead over NIFTY 500 2.9% · 1 year 53.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 26.9 + 15.1 + 8.5 + 2.2 = 52.7 · What this means: Earnings are strong; relative strength in its sector is -14% and the one-year return is 53.1%. 4. [KSH International Ltd](https://www.sectoralpha.in/stocks/ksh-international-ltd) KSHINTL · breaking out · Too little evidence to rank firmly · 54% evidence 49.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/43.75 · Revenue 80.6% · Profit 62.5% · Operating margin change -1 points · 75% evidence Capital efficiency 12.4/31.25 · ROCE 21.5% · Operating margin 6% · 100% evidence Valuation 13.6/25 · P/E 47.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.7 + 12.4 + 13.6 = 49.7 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Skipper Ltd](https://www.sectoralpha.in/stocks/skipper-ltd) SKIPPER · turning · Evidence leans down · 96% evidence 49.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 16.1% · Profit 48.2% · Operating margin change 0 points · 88% evidence Capital efficiency 11.4/25 · ROCE 23.6% · Operating margin 10% · 100% evidence Valuation 17.1/20 · P/E 24.5× · PEG 0.6 · 100% evidence Relative strength 10.1/20 · Lead over its industry -10.4% · Lead over NIFTY 500 9.8% · 1 year -6.2% · 100% evidence · 5 of 12 weeks ahead Exact sum: 10.8 + 11.4 + 17.1 + 10.1 = 49.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. Siemens Energy India Ltd this page ENRIN · quiet · Evidence leans down · 84% evidence 45.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 41.6% · Profit 67.9% · Operating margin change 5 points · 75% evidence Capital efficiency 15.9/25 · ROCE 67.8% · Operating margin 24% · 100% evidence Valuation 8.5/20 · P/E 65.4× · PEG 2.09 · 65% evidence Relative strength 2.6/20 · Lead over its industry -22.6% · Lead over NIFTY 500 -4.5% · 1 year -12% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.7 + 15.9 + 8.5 + 2.6 = 45.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Electrical Equipments/HVDC](https://www.sectoralpha.in/sectors/electrical-equipments-hvdc), all 6 compared on one page. ## Which companies are close to Siemens Energy India in size? Siemens Energy India is the 3rd largest of 6 Electrical Equipments/HVDC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Hitachi Energy India and GE Vernova T&D India. Just below it: Quality Power Electrical Equipments, KSH International and Skipper. ### Electrical Equipments/HVDC companies close in size

1. [Hitachi Energy India Ltd](https://www.sectoralpha.in/stocks/hitachi-energy-india-ltd) ₹1,21,348 crore
2. [GE Vernova T&D India Ltd](https://www.sectoralpha.in/stocks/ge-vernova-t-d-india-ltd) ₹1,02,932 crore
3. Siemens Energy India Ltd ₹99,831 crore
4. [Quality Power Electrical Equipments Ltd](https://www.sectoralpha.in/stocks/quality-power-electrical-equipments-ltd) ₹10,806 crore
5. [KSH International Ltd](https://www.sectoralpha.in/stocks/ksh-international-ltd) ₹6,262 crore
6. [Skipper Ltd](https://www.sectoralpha.in/stocks/skipper-ltd) ₹6,016 crore

[All 6 Electrical Equipments/HVDC companies, largest first](https://www.sectoralpha.in/sectors/electrical-equipments-hvdc#all-companies)

### Companies close in size in other industries

1. [Persistent Systems Ltd](https://www.sectoralpha.in/stocks/persistent-systems-ltd) ₹1,00,296 crore · IT - ER&D
2. [FSN E-Commerce Ventures Ltd](https://www.sectoralpha.in/stocks/fsn-e-commerce-ventures-ltd) ₹1,00,078 crore · New age - Platform - E-Retail
3. Siemens Energy India Ltd ₹99,831 crore
4. [Indus Towers Ltd](https://www.sectoralpha.in/stocks/indus-towers-ltd) ₹99,802 crore · Telecom Services
5. [HDFC Asset Management Company Ltd](https://www.sectoralpha.in/stocks/hdfc-asset-management-company-ltd) ₹99,099 crore · Finance - AMC

## What else do people ask about Siemens Energy India? ### What is Siemens Energy India's share price today? Siemens Energy India Ltd's share price is ₹2,963.00, −8.2% over the past year. The whole company is worth ₹1,05,530 Cr on the market. In the last 52 weeks it traded between ₹2,125 to ₹3,872; today it is 48% of the way up from the low, 6.2% below its 200-day average (as of 4 November 2026). ### What were Siemens Energy India's latest quarterly results? Siemens Energy India Ltd reported revenue of ₹2,486 Cr and net profit of ₹441 Cr for the Jun 2026 quarter. Revenue rose 39.3% and profit rose 67.7% compared with a year earlier. Earnings per share were ₹12.38. The operating margin was 24.0%, 5.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Siemens Energy India's market cap? Siemens Energy India Ltd's market capitalisation is ₹1,05,530 Cr at a share price of ₹2,963.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Siemens Energy India performing? Siemens Energy India Ltd's share price has been falling for 1 weeks. In its latest quarter, revenue rose 39.3% and profit rose 67.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 5 weeks running (as of 4 November 2026). ### Will Siemens Energy India's share price go up? This page does not forecast Siemens Energy India Ltd's share price. What it shows instead: the share price is ₹2,963.00, and it has been falling for 1 weeks. Its P/E of 69.1× is higher than 3% of its own last 1 years (as of 4 November 2026). ### Who owns Siemens Energy India? Promoters own 75.0% of Siemens Energy India Ltd, foreign institutions 7.6%, domestic institutions 6.4% and the public 11.0% (latest quarter). The biggest change over the last two years: Foreign institutions raised their stake by 2.8 percentage points over 5 quarters (as of 4 November 2026). ### Does Siemens Energy India have too much debt? No, Siemens Energy India Ltd has little debt: its debt is 0.03× its equity, and its operating profit is 39 times its interest bill. FY25 borrowings were ₹148 Cr against equity of ₹4,381 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Siemens Energy India in its business cycle? Siemens Energy India Ltd's FY25 operating margin was 20.0%, against a 3-year range of 18.0% to 22.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 24.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Siemens Energy India story? The main question: domestic institutions moved −2.7 percentage points over 5 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Siemens Energy India a stock worth studying right now? What the numbers show: Siemens Energy India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Siemens Energy India share price forecast for 2026? What management itself guided: India power generation capacity addition 200+ GW through 2035-36 per CEA mid-term plan, prepared, directional, provides long-term visibility without seasonal or segment breakdown. What would change the story: H1 FY26 reported margin includes 260 basis points FX/commodity gains; underlying 18.9% is real but reversible if FX normalizes. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india
- Power & green energy stocks: https://www.sectoralpha.in/sectors/power-stocks-india

This is research, not advice. We’re not SEBI-registered.