Transient slowdown in private CapEx
Order growth moderated due to delayed decision-making in private capital expenditure, which could persist if economic uncertainty continues.
ABB India · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Order growth moderated due to delayed decision-making in private capital expenditure, which could persist if economic uncertainty continues.
Analyst raised concern about Chinese competition; management acknowledged isolated incidents in large projects where Chinese players offered aggressive pricing.
Current high margins benefited from past price push and low commodity costs; as markets ease, margins may compress to the guided 12%-15% PAT range.