Siemens Limited — Investor Meet, 26-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Siemens Limited’s new orders rose 43.5% YoY, led by all segments except Weak demand in Low Voltage Motors. Order backlog increased 7.2% to ₹415 billion with a Book-to-Bill of 1.25. Revenue grew 2.5%, driven by Smart Infrastructure, while Digital Industries faced demand normalization and slower Mobility deliveries. EBITDA margin fell to 12.5%, impacted by normalization and demerger costs.

Digital Industries shows early order recovery; margin growth hinges on volumes. Smart Infrastructure orders grew 14%, with improved margins from electrification and automation. Mobility orders jumped nearly 300%, though margins are pressured by R&D investments. Management is optimistic on public CapEx and emerging sectors, focusing on margin discipline and exports. Investor sentiment is confident on solid order momentum and execution.