ABB India Limited — Investor Meet, 13-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

ABB India reported 14% revenue growth and strong 13% base order growth for Q3 CY2025, though overall orders were down 3% due to higher comparative large contracts last year. Profit Before Tax (PBT) stood at 16.4%, impacted by material costs, product mix, competition, forex, and Quality Control Order (QCO) implementation challenges. A robust backlog of ~Rs. 9,900 Cr provides clear revenue visibility. Management acknowledged a softening market and delayed investment decisions but highlighted continued strategic investments in renewables, rail, and colocation data centers. The QCO impact on margins is expected for 3-4 more quarters. The company targets double-digit growth, actively exploring inorganic opportunities, with Robotics' India divestment under Board review. Sentiment: cautious optimism amidst market cycles and regulatory adjustments.