Siemens Energy India Limited (ENRIN)

Large Cap

Siemens Energy India Limited (SEIL) is a pureplay energy company serving customers across the entire energy value chain. It provides low- or zero-emission power generation, transport and storage of energy, and solutions for reducing GHG emissions and energy consumption in industrial processes. SEIL has a large footprint in India, Bhutan, Nepal, Maldives & Sri Lanka.

₹2,832

-57.00 · -1.97%

Market cap ₹1,12,172 Cr

IndicesNifty 500

ThemesInfrastructure

Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am IST

Details

Quote21 Oct, 04:45 am IST

Base fundamentals14 Oct 2026 · screener

Latest result07 Aug, 02:19 am IST

Score21 Oct, 04:30 am IST · v4.3-runtime-valuation

Tags15 Aug 2026

Coverage13/14 · 93%

Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)

Technical timing lens

Trend score and candlestick chart

43Neutral

SMA20 -1.1% / mo · RSI oversold · MACD −

Stock trend: 39

Sector RS: 50

Sector 3M: -6.3% vs Nifty 500 -5.6%

Industrials FPI tailwindNot confirmed

Latest mapped FPI equity flow was not positive. View sector evidence

Compare peers →

Technical chart

ENRIND candles · FIT view-11.6%

Latest close ₹2832.00 on 2026-10-19

Bar

-2.1%

RSI

MACD hist

-38.83

52W pos

39%

2026-10-19O ₹2892.60H ₹2909.80L ₹2832.00C ₹2832.00Vol 2.8L sh

Up bar

Down bar

EMA 20

EMA 50

Volume + 20D avg

Result date

RSI(14)

MACD / signal

Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

ENRINNifty India ManufacturingNifty 500

ENRIN: -16.6%
Nifty 500: -5.6%
Nifty India Manufacturing: -5.8%
Vs Nifty 500: -11.0 pp

Chart stats

19 Oct 2026

From 52W high: -28.6%
52W range position: 39%
ATR (14): 4.2%
Volume vs 20D: 0.50x
Avg traded value: ₹168 Cr
20D price channel: ₹2,832 - ₹3,408.9

Quarter ended 30 Jun 2026

Excellent · 90

Rev +39% YoY · PAT +68% YoY · margin expansion · operating leverage

Revenue: ₹2,486 Cr; YoY +39.3%
PAT: ₹441 Cr; YoY +67.7%
Operating margin: 24.0%; QoQ +300 bps
PAT margin: 17.7%; QoQ +208 bps

Filed 06 Aug 2026Full result & history →

Current-quarter concall

Transcript not linked yet

No source-linked earnings-call transcript is available for this company in the active results quarter.

Search Concall Intelligence

Technical snapshot

Positioning and participation

Stage 1 Base / Transition

Current trend context ranked against the Nifty 500. It describes the chart; it is not a buy or sell signal.

RS percentile: 42; 0 ranks over 20D
Stage 2 entry: Not in Stage 2; Current classification: Stage 1 Base / Transition
Sector rotation: #5; neutral · 58 stocks
Industry rotation: —; Fewer than five rank-eligible peers

Trend structure

Below 20-DMABelow 50-DMABelow 200-DMA

RSI (14)

Oversold zone

MACD

Below signal

Histogram -38.83

Volume participation

0.5x average

Versus 20-session average

20-session position

0% of range

₹2,832 low · ₹3,408.9 high

Relative performance

vs Nifty 500

1M: -8.8 pp; stock -12.3%
3M: -11.0 pp; stock -16.6%
6M: -6.2 pp; stock -9.8%
1Y: -1.6 pp; stock -8.7%

From 52W high

-28.6%

High ₹3,968

52W range position

39%

₹2,115 - ₹3,968

ATR (14)

4.2%

₹117.63

Avg traded value

₹168 Cr

20-session average

Current setup

No confirmed setup attached

Review the chart and detailed technical evidence before drawing a conclusion.

Open detailed technicals →

Research snapshot

What the evidence says now

Mixed fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is consistent.

Suggested next step

Research, do not rush

The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.

U-Score

Legacy · FAIR VALUE

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Quarter ended 30 Jun 2026

Excellent · 90/100

Rev +39% YoY · PAT +68% YoY · margin expansion · operating leverage

Filed 06 Aug 2026

Open results browser →

Metric	This quarter	YoY	QoQ
Revenue	₹2,486 Cr	+39.3%	+3.8%
EBITDA	₹586 Cr	+72.4%	+17.7%
Operating margin	24.0%	+500 bps	+300 bps
PAT	₹441 Cr	+67.7%	+17.6%
PAT margin	17.7%	+301 bps	+208 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E: 73.50
P/B: 23.30
EV/EBITDA: 67.26
Market Cap: 112172.00Cr

Profitability

ROE: 50.50%
ROCE: 67.80%
ROA: 14.56%
Dividend Y: 0.13%

Growth (CAGR)

Revenue 5Y: —
EPS 5Y: 90.74%
Revenue 3Y: —
EPS 3Y: 90.74%

Balance Sheet

Debt/Equity: 0.04
Interest Coverage: 51.07×
Altman Z: 8.24
Book Value: 135.00

Cash Flow

FCF Yield: 0.17%
FCF Positive Y: 2/5
OCF: 3670.00 Cr
EPS TTM: 41.79

Shareholding

Promoter Hold: 75.00%
Promoter Pledge: 0.00%
Momentum 52W: 56%

Financial History

Updated 19/10/2026

Revenue

₹ Cr

Latest: 7,827+195.0% vs prev

Net Profit

₹ Cr

Latest: 1,100+168.9% vs prev

Return on Equity

Latest: 25.1+132.3% vs prev

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bearish setup

Trend is weak — long-term trend down. RSI 30.

Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
SMA20 falling (~1.1% over last month) — short-term momentum negative.
RSI(14) at 30 — oversold zone; bounce conditions.
MACD below signal, histogram expanding negatively — bearish momentum building.
29% off 52W high · 34% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Nifty 500 leadership

Relative Strength & Trend Stage

RS percentile

Stage 1 Base / Transition

1M return

-12.3%

3M return

-16.6%

6M return

-11.2%

1Y return

-8.7%

RS 1D

RS 20D

Sector rank

Industry rank

Stage evidence

Price is 13.4% below the 30-week proxy without full trend alignment.
The 30-week proxy changed +1.2% over 20 sessions.
The moving-average structure does not confirm Stage 2 or Stage 4.

50-DMA

price below

200-DMA

price below

Sector

neutral

Industry

unranked

Relative-strength line vs Nifty 500 (base 100)

262 observations

19 Oct 2026Value 83-0.95%

RS vs Nifty 50083

Valuation & peers

U-Score 57 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies

Premium Compounder

Fundamental score breakdown

U band · FAIR VALUE

Valuation0/30

Growth17/25

Quality20/20

Balance Sheet11/15

Cash Flow4/10

Piotroski

7/9 (+5)

Penalties

Raw sum

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

57/100 · legacy band FAIR VALUE

Positive drivers

Piotroski is strong at 7/9.
Quality contributes 20/20 to the score.
Balance sheet contributes 11/15 to the score.

Main drags

Fair-value margin of safety is negative at -72.4%.
Valuation is weaker at 0/30; verify the latest quarterly trend.
Cash flow is weaker at 4/10; verify the latest quarterly trend.

Sector valuation model

Execution business valuation: EV/EBITDA plus order and working-capital risk

Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.

Execution EV/EBITDA

Primary lens

EV/EBITDA and PE against execution quality and margin stability.

Secondary checks

Order book, receivables, working capital, debt, operating cash flow.

Main risk check

Order wins matter only if they convert into cash and margins.

73.5

23.3

EV/EBITDA

67.3

ROE

50.5%

ROCE

67.8%

FCF Yield

0.2%

Debt/Equity

0.0

MoS

-72.4%

Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026

v4.3-runtime-valuation

Final score

Previous: 57

Legacy U-Score band

FAIR VALUE

Previous: FAIR VALUE

Margin of safety

-72.4%

Previous: -72.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026

v4.3-runtime-valuation

Factor attribution

No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.

Modelled fair value

Graham Number

₹356.28

-694.9% MoS

Growth-justified P/E

39.3

Growth-justified Value

₹1,642.35

-72.4% MoS

PEG

0.81

Comparable companies

Peers

Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗

Ticker

Name

Why peer

Score

ROE

MoS

Verdict

BHEL

Mid

Bharat Heavy Electricals Limited

GE Power India Limited

Honda India Power Products Limited

BGR Energy Systems Limited

KEC International Limited

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-06-03T17:27:12.310Z

Management commentary snapshot

SEIL reported robust H1 FY26 financial performance with Order Backlog up 22.2% YoY to INR 184.3 Bn, Revenue up 26.8% YoY to INR 43.1 Bn, and Profit from Operations up 160bps YoY to 20.7% of Revenue, driven by strong order pipeline and disciplined execution.

SEIL delivered strong H1 FY26 results, driven by robust order intake and execution across both Power Transmission and Power Generation segments. The company benefits from India's energy transition and infrastructure push, with significant market opportunities in generation, transmission, and industrial decarbonization. New investments signal confidence in future growth.

Current business mix

Revenue by Segment H1 FY26

Latest issuer-disclosed distribution across 2 reported categories.

Power Transmission55.8%

Power Generation44.2%

Growth engines

India's Energy Transition

Government's drive for 1215 GW generation by 2036 (2.4x from 514 GW) and 3200 GVA transmission by 2036 (2.3x from 1407 GVA) creates significant opportunities.

Industrial Decarbonization

Opportunities in captive power, energy efficiency, electrification, automation, and Waste Heat Recovery (WHR) solutions for industries like cement.

Grid Stabilization & Modernization

Demand for products, substations, HVDC VSC, grid stabilization, and services for a reliable, sustainable, and digital grid.

Green Hydrogen Mission

National Green Hydrogen Mission targeting 5 MMTPA by 2032, creating opportunities for Power to X and Electrolysers.

Capacity and execution

Greenfield Transformer Factory

New investment of INR 20.6 Bn announced in Q1 for a greenfield transformer factory.

Kalwa Transformer Expansion

Ongoing expansion at Kalwa Transformer facility with an investment of INR 7.4 Bn.

Chhatrapati Sambhajinagar Switchgear Expansion

Ongoing expansion at Chhatrapati Sambhajinagar Switchgear facility.

Tailwinds

India's Economic Resilience

Estimated GDP growth of 7.4% for FY26, strong macros, and public CAPEX support resilience amidst geopolitical turmoil.

Government Policy Support

Union Budget FY26, political stability enabling deeper reform agenda, and 'Make in India' initiatives.

Long-term Energy Market Clarity

Niti Aayog and CEA have outlined upgraded long-term and mid-term plans for electricity demand, generation, and transmission.

Focus on Energy Security

Middle East crisis accelerates focus on energy security and electrification, driving demand for SEIL's solutions.

Management accountability

What management said, and what results must prove

Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.

Dec 2025

Analyst reading lens

Compare YOY

The document presents H1 FY26 results compared directly against H1 FY25, indicating a year-over-year comparison is most relevant for assessing performance trends over a half-year period.

Sector KPIs management disclosed

Order Backlog

Order Backlog increased by 22.2% YoY to INR 184.3 Bn in H1 FY26 (H1 FY25: INR 150.8 Bn).

Revenue

Revenue grew by 26.8% YoY to INR 43.1 Bn in H1 FY26 (H1 FY25: INR 34.0 Bn).

Profit from Operations (% of Revenue)

Profit from Operations improved by 160bps YoY to 20.7% in H1 FY26 (H1 FY25: 19.1%).

New Orders

New Orders in H1 FY26 were INR 66.6 Bn (H1 FY25: INR 74.7 Bn).

Management forward view

Increased Order Backlog

In line with market opportunities, in H1 we have increased our Order Backlog by 22.2% YoY.

Project Delivery

We have delivered projects on ground, including large transformer supply for grid strengthening and turbine refurbishment for thermal plants.

New Investments

We have also announced new investment in addition to our current expansions, totaling INR 28 Bn.

Sustainability Leadership

We continue to execute our ESG agenda driven by our ambition to become a sustainability leader in the industry.

Thesis monitor

Numbers and claims to verify in the next filings

Checkpoint	Current evidence	What to verify next
Order Backlog Growth	INR 184.3 Bn (+22.2% YoY)	Sustained growth in order backlog, especially from new energy segments and exports, to support future revenue.
New Order Intake	INR 66.6 Bn (H1 FY26)	Reversal of the YoY decline in new orders to ensure a healthy pipeline for long-term growth.
Capacity Expansion Progress	INR 28 Bn in announced/ongoing expansions	Timely commissioning and ramp-up of new transformer and switchgear capacities to meet growing demand.
Export Contribution	28.5% of Revenue (H1 FY26)	Continued increase in export contribution, diversifying revenue streams and leveraging global opportunities.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Show extracted source claims

capex timelinenot yet verifiablequantified

Siemens Energy India is doubling the capacity of its transformer factory in Kalwa.

Timeframe: Near-termDirection: increaseConfidence: high

"doubling the capacity of the factory"

capex timelinenot yet verifiablequantified

Siemens Energy India is doubling the capacity of its transformer factory in Kalwa.

Timeframe: Near-termDirection: increaseConfidence: high

"doubling the capacity of the factory"

demand outlookfailedquantified

Green hydrogen demand in India is expected to pick up significantly about five years down the line.

Timeframe: 5 years down the lineDirection: increaseConfidence: medium

"hydrogen will pick more maybe five years down the line"

Outcome check: Revenue YoY averaged 27.3% across 1 later quarter(s).

demand outlookdeliveredquantified

Industrial electricity consumption in India is expected to triple in the years to come.

Timeframe: In the years to comeDirection: increaseConfidence: high

"industry electricity consumption tripling"

Outcome check: Revenue YoY averaged 27.3% across 1 later quarter(s).

macro expectationnot yet verifiablequantified

India is planned to implement 500 gigawatts of renewable energy capacity by 2030.

Timeframe: By 2030Direction: increaseConfidence: high

"implementing 500 gigawatts of renewables until 2030"

macro expectationnot yet verifiablequantified

India is planned to implement 500 gigawatts of renewable energy capacity by 2030.

Timeframe: By 2030Direction: increaseConfidence: high

"implementing 500 gigawatts of renewables until 2030"

macro expectationnot yet verifiablequantified

India's power generation capacity is planned to double from 500 gigawatts to almost 1000 gigawatts.

Timeframe: 7 to 10 yearsDirection: increaseConfidence: high

"power generation from 500 to almost 1000 gigawatts"

macro expectationnot yet verifiablequantified

India's power generation capacity is planned to double from 500 gigawatts to almost 1000 gigawatts.

Timeframe: 7 to 10 yearsDirection: increaseConfidence: high

"power generation from 500 to almost 1000 gigawatts"

Trust Score

65Mixed Trust · medium confidenceClaim-tested Trust

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Mixed Trust: Management has 33% delivered/partly-delivered outcomes on 3 checked claims, with 2 adverse claim outcomes. It ranks around the 45th percentile of the scored universe and 44th percentile within Industrials. No major sub-score weakness stands out.

Healthy Trust: 3/7 extracted management claims have outcome checks; 33% were fully delivered and 0 were partially delivered. 2 claim(s) were contradicted or failed.

Computed 21 Oct 2026

management-trust-v1

4 extracted concalls · 3/7 claims matched

Score band

Mixed Trust

Usable, but needs evidence. Treat guidance with a margin of safety.

Relative rank

45th percentile

overall median 67 · Industrials: 44th pctile, median 68 · Large: 23rd pctile, median 73

Evidence depth

Early sample

3/7 claims checked. Use as directional, not final.

Claim delivery

33% delivered or partly delivered

3/7 claims checked · 2 contradicted/failed claims

How to read this Trust Score

Mixed Trust · medium confidence

What it measures

Reliability of management and financial delivery, using management claims matched with later outcomes.

Confidence

Useful directional evidence exists, but still verify the latest filings.

Investor use

Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter

strong · holding, pledge, alignment

Cash flow

acceptable · profit to cash conversion

Balance sheet

strong · leverage and solvency

Discipline

strong · capital discipline

Results

strong · quarterly consistency

Trust positives

▸Promoter holding is 75%.
▸Promoter pledge is zero.
▸FCF yield is positive at 0.2%.
▸Debt/equity is 0.04.

Trust risks

▸No major Trust Lite risk flags.

Compare Industrials stocks Browse Indian stocks starting with E Explore fundamental stock screeners Browse Indian investment themes

Related companies

Bharat Heavy Electricals Limited (BHEL)GE Power India Limited (GVPIL)Honda India Power Products Limited (HONDAPOWER)BGR Energy Systems Limited (BGRENERGY)KEC International Limited (KEC)

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

Source: Bse

Open source ↗

Verify on:NSE India ↗

All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.

Siemens Energy India Limited (ENRIN)

Trend score and candlestick chart

Technical chart

Relative performance and chart statistics

What the evidence says now

Financials

Quarter ended 30 Jun 2026

Fundamentals

Valuation

Profitability

Growth (CAGR)

Balance Sheet

Cash Flow

Shareholding

Revenue

Net Profit

Return on Equity

Technicals

Daily technical trend read

Relative Strength & Trend Stage

Valuation & peers

Fundamental score breakdown

Why this score?

Positive drivers

Main drags

Execution business valuation: EV/EBITDA plus order and working-capital risk

Stored run vs live recompute

Score history

Factor attribution

Modelled fair value

Comparable companies

Business, management & trust

Where growth can come from, and what can break the case

Revenue by Segment H1 FY26

India's Energy Transition

Industrial Decarbonization

Grid Stabilization & Modernization

Green Hydrogen Mission

Greenfield Transformer Factory

Kalwa Transformer Expansion

Chhatrapati Sambhajinagar Switchgear Expansion

India's Economic Resilience

Government Policy Support

Long-term Energy Market Clarity

Focus on Energy Security

What management said, and what results must prove

Order Backlog

Revenue

Profit from Operations (% of Revenue)

New Orders

Increased Order Backlog

Project Delivery

New Investments

Sustainability Leadership

Numbers and claims to verify in the next filings

How to read this Trust Score

Forensic breakdown

Trust positives

Trust risks

Continue researching Siemens Energy India Limited

Important announcements & filings

Announcement under Regulation 30 (LODR)-Change in Management 5 Oct - Ajay Jain appointed Execution Unit Head for Grid Technologies Transformers; Ganesh Nadgouda steps down from interim role.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep

Investor presentation · Siemens Energy India Limited has informed the Exchange about Investor Presentation

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep

Aug 2026 · PPT

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 25 Aug

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Aug - Company representatives will attend Motilal Oswal 22nd Annual Global Investor Conference in Mumbai on August 17-18, 2026.

Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Aug

Jun 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Jun - Company will attend ICICI Securities India Investor Group Conference on June 9, 2026 in Mumbai.

May 2026 · PPT

May 2026 · Transcript

May 2026 · Transcript