ABB India

ABB India reported Q1 CY26 revenue of ₹3,184 croreCurrent reported value: ₹3,184 crore. No comparable prior figure is available in the source record., up 6% YoYCurrent 6% vs previous available quarter 8%., missing internal targets due to last-minute West Asia crisis disruptions and supply chain issues. Order intake surged 25% YoYCurrent 25% YoY. Reported change: +25% YoY., driven by large orders from data centers and railways, pushing order backlog to ₹11,000 croreCurrent ₹11,000 crore. Reported change: +25% YoY.—a record high providing strong revenue visibility. However, profitability was hit by a 370bpsCurrent 370bps. Reported change: +370 bps YoY. increase in material costs from commodity inflation (copper, silver), rupee depreciation, and competitive pricing pressure. EBITDA margin contracted significantly, though exact figures were not disclosed. Management highlighted robust demand across core and emerging sectors, with data centers contributing 12-13%Current 12-13%. Reported change: N/A. of backlog. They have taken two price hikes to mitigate input cost inflation, but the lag effect persists. Risks include continued volatility in commodity prices and forex, and potential slowdown in private capex decision-making. The strong order book supports a positive revenue outlook, but margin recovery hinges on stability in external factors.