MarketFriction

Siemens Ltd

NSE SIEMENS · BSE 500550 · Heavy Electrical Equipment
₹3,804.00 +2.10%
NSE close2026-10-01
52 week range2,826.00 - 4,149.40
Market cap₹1,32,121 Cr.
P/E87.9
Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty EnergyNifty MNC No price band Delivery 42.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5,8083,7104,1523,7634,4573,3604,0294,1084,9003,8314,6184,714
Expenses5,1083,2563,5163,2773,9122,9743,5843,5904,2913,4094,1744,283
Operating Profit700453637485545387445517609422444431
OPM %12%12%15%13%12%12%11%13%12%11%10%9%
Other Income146256479298544423341125126191161,917
Interest532151832546147
Depreciation796063706266666969717478
Profit before tax7626461,0327091,0097407185696623644722,262
Tax %25%22%22%18%18%17%19%26%27%24%21%5%
Net Profit5725068035788316155824234852783702,143
EPS in Rs16.0414.1922.5416.2223.3317.2516.3411.8813.627.7910.3960.18
Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Mar 2026 18mTTM
Sales10,56310,83711,06512,79513,0849,94613,19816,13819,55415,14624,84618,062
Expenses9,5659,81510,00811,46811,5948,94411,74614,27817,06713,08721,98216,156
Operating Profit9981,0211,0561,3271,4901,0031,4521,8602,4872,0592,8631,906
OPM %9%9%10%10%11%10%11%12%13%14%12%11%
Other Income9433,1568182803983153214874961,6331,1492,177
Interest3011881230243623707331
Depreciation224228198198199252297317321246415292
Profit before tax1,6883,9381,6691,4021,6781,0361,4521,9932,6403,3753,5253,760
Tax %30%26%32%36%34%26%25%23%26%19%22%
Net Profit1,1742,9141,1379011,0997691,0891,5431,9622,7182,7543,277
EPS in Rs32.9881.8231.9225.3130.8721.5830.5743.3355.0776.2977.2791.98
Dividend Payout %30%41%22%28%23%32%26%23%18%16%23%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%20%15%13%
Compounded Profit Growth16%30%23%-12%
Stock Price CAGR18%25%21%19%
Return on Equity14%16%17%19%
Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Mar 2026
Equity Capital717171717171717171717171
Reserves4,3045,0466,7327,6198,2288,9789,42110,27611,53913,01615,28613,769
Borrowings0252500004182175279307
Other Liabilities5,9155,4335,1575,4486,0376,3096,3687,6648,3178,3849,5347,066
Total Liabilities10,29010,57611,98613,13814,33615,35815,86018,01520,10921,64625,17021,213
Fixed Assets1,3561,3941,2271,3651,3811,2191,1963,2643,1073,0383,1122,785
CWIP413279143625888355250103250
Investments8114110000031111
Other Assets8,8869,03710,57011,63012,89314,08114,57614,71316,94918,55621,95318,176
Total Assets10,29010,57611,98613,13814,33615,35815,86018,01520,10921,64625,17021,213
Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Mar 2026
Cash from Operating Activity6085745135731001,2737201,4229781,4001,655-535
Cash from Investing Activity1306462371,321-174-1,135871-2,389-34-759-5023,695
Cash from Financing Activity-220-245-1,614-285-305-312-386-502-392-450-508-3,302
Net Cash Flow517975-8641,610-379-1741,205-1,469552191644-142
Free Cash Flow838318513902-791,2597101,3158471,3341,552-1,080
CFO/OP675%81%85%131%52%127%102%124%81%89%121%21%
Sep 2014Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Mar 2026
Debtor Days126105102113105106115102867110657
Inventory Days786969707473101104999510160
Days Payable20217315018219621525121418615218094
Cash Conversion Cycle31211-17-36-36-8-0142723
Working Capital Days241931344944423116314071
ROCE %19%16%15%18%19%11%14%16%21%17%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs7.94%7.89%8.30%8.59%8.69%8.77%8.19%7.66%7.00%6.85%6.80%6.47%
DIIs7.64%7.71%7.42%7.03%6.90%6.78%7.28%7.24%8.04%8.35%8.59%9.10%
Public9.44%9.40%9.29%9.39%9.42%9.45%9.51%10.09%9.96%9.79%9.60%9.45%
No. of Shareholders1,63,5631,56,9161,52,7061,79,8691,92,6192,08,4142,28,1782,92,8812,81,2432,70,9412,58,2622,57,203

Fundamentals

Market Cap₹ 1,32,121 Cr.
Current Price₹ 3,710
Stock P/E87.9
Book Value₹ 389
ROCE21.4 %
ROE19.2 %
Dividend Yield0.49 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)-12%
Consolidated figures.
Valuation
Market capRs 135,468 Cr
Enterprise valueRs 130,163 Cr
P/E (TTM)41.36x
Price to book9.79x
Price to sales7.50x
EV / EBITDA31.88x
EV / EBIT34.34x
EV / sales7.21x
Earnings yield2.42%
Dividend yield0.47%
P/E, 3-year average43.58x
P/B, 3-year average7.64x
P/E, 5-year average41.47x
P/B, 5-year average6.40x
Profitability
Operating margin (excl. other income)11.52%
Operating margin (incl. other income)16.15%
EBITDA margin22.60%
Pre-tax margin20.82%
Net profit margin18.13%
Net margin, latest quarter45.46%
ROE18.85%
ROCE24.16%
ROA11.86%
ROE, 3-year average17.94%
ROCE, 3-year average23.08%
ROA, 3-year average10.95%
ROE, 5-year average15.77%
ROCE, 5-year average20.49%
ROA, 5-year average9.48%
ROIC (approx.)34.70%
Tax rate21.86%
Other income / net worth8.30%
Growth
Sales growth (latest year)64.04%
Profit growth (latest year)1.29%
Sales CAGR, 3 years15.47%
Sales CAGR, 5 years20.09%
Profit CAGR, 3 years21.27%
Profit CAGR, 5 years29.06%
Sales growth QoQ2.08%
Profit growth QoQ479.03%
Sales growth YoY (latest quarter)14.75%
Profit growth YoY (latest quarter)406.74%
Per share
EPS (TTM)Rs 91.97
EPS (latest year)Rs 77.27
EPS (latest quarter)Rs 60.18
EPS, 3-year averageRs 69.54
EPS, 5-year averageRs 56.50
Book value per shareRs 388.64
Sales per shareRs 507.20
Cash flow per shareRs -15.03
Free cash flow per shareRs -30.33
Dividend per share (latest year)Rs 17.99
Dividend per share, 3-year averageRs 13.33
Dividend per share, 5-year averageRs 11.60
Dividends
Dividend payout23.29%
Dividend payout, 3-year average19.06%
Dividend payout, 5-year average21.28%
Efficiency
Asset turnover1.17x
Fixed asset turnover8.92x
Inventory turnover6.88x
Inventory days53 days
Debtor days57 days
Debtors turnover6.37x
Creditor days94 days
Cash conversion cycle23 days
Working capital days71 days
Leverage
Total debtRs 307 Cr
Cash and bankRs 5,612 Cr
Net debtRs -5,305 Cr
Debt to equity0.02x
Net debt / EBITDA-1.30x
Interest coverage122.28x
Current ratio (filing 2026-03-31)2.57x
Quick ratio (filing 2026-03-31)2.17x
Trade payables (filing 2026-03-31)Rs 4,073 Cr
Owners' fund to total sources65.24%
Debt to assets1.45%
Cash flow
Cash from Operating Activity (latest year)Rs -535 Cr
Cash from Investing Activity (latest year)Rs 3,695 Cr
Cash from Financing Activity (latest year)Rs -3,302 Cr
Net Cash Flow (latest year)Rs -142 Cr
Free cash flow (latest year)Rs -1,080 Cr
FCFE (approx.: FCF + change in debt)Rs -1,053 Cr
Cash from ops / profit, 5 years0.76x
Statement figures
Net sales (TTM)Rs 18,062 Cr
Net sales (latest year)Rs 24,846 Cr
Sales (latest quarter)Rs 4,714 Cr
Operating profit excl. other income (latest year)Rs 2,863 Cr
Operating profit (latest quarter)Rs 431 Cr
Other income (TTM)Rs 2,177 Cr
EBITDA (TTM)Rs 4,083 Cr
PBDT (TTM)Rs 4,052 Cr
Profit before tax (TTM)Rs 3,760 Cr
Tax (latest year)Rs 771 Cr
Net profit (TTM)Rs 3,275 Cr
Net profit (latest year)Rs 2,752 Cr
Net profit (latest quarter)Rs 2,143 Cr
Depreciation (TTM)Rs 292 Cr
Depreciation (latest quarter)Rs 78 Cr
Interest (TTM)Rs 31 Cr
Cost of goods sold (latest year)Rs 17,818 Cr
Total expenditure (latest year)Rs 21,982 Cr
Total income (latest year)Rs 25,995 Cr
Share capitalRs 71 Cr
ReservesRs 13,769 Cr
Shareholders' fundsRs 13,840 Cr
Total assetsRs 21,213 Cr
Net blockRs 2,785 Cr
Capital work in progressRs 250 Cr
InvestmentsRs 1 Cr
ReceivablesRs 3,902 Cr
InventoryRs 2,589 Cr
Other liabilitiesRs 7,066 Cr
Shares outstanding (crore)35.61
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 41.4 is at the 30th percentile of its own 9.9-year range (median 58.3, low 13.6, high 139.9).
P/B 9.79 is at the 75th percentile (median 7.26).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSIEMENSNifty 50Difference
1 week-1.0%-2.8% +1.8 pts
1 month-5.6%-6.8% +1.2 pts
3 months+7.6%-7.6% +15.2 pts
6 months+29.6%+0.4% +29.2 pts
1 year+20.5%-9.9% +30.4 pts
2 years-45.2%-13.6% -31.6 pts
3 years+3.6%+14.2% -10.6 pts
5 years+77.1%+27.9% +49.2 pts
137 mutual fund schemes hold about ₹5,897 Cr. Over three months 30 bought more and 24 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Large Cap Fund0.72%582 -3%
SBI Midcap Fund2.31%565 +22%
SBI Midcap Fund2.31%562 +22%
Motilal Oswal Flexi Cap Fund2.85%403 -2%
Nippon India Large Cap Fund0.73%397 +2%
Mirae Asset Large Cap Fund0.75%289 +5%
SBI MNC Fund3.00%202 -3%
SBI Infrastructure Fund4.19%202 +5%
ICICI Pru Manufacturing Fund2.00%143 -1%
ICICI Pru Nifty Next 50 Index Fund1.40%142 +0%
HSBC Value Fund0.89%137 +0%
SBI Energy Opportunities Fund1.62%135 +9%
ICICI Pru Business Cycle Fund0.83%132 +6%
DSP India T.I.G.E.R Fund2.02%131 +1%
SBI ESG Exclusionary Strategy Fund2.20%118 +4%
UTI Nifty Next 50 Index Fund1.40%106 +0%
ICICI Pru Energy Opportunities Fund1.23%102 +76%
ICICI Pru Multi Cap Fund0.42%83 -3%
HDFC Manufacturing Fund0.75%79 -33%
ICICI Pru Multi Cap Fund0.42%79 -3%
Nippon India Flexi Cap Fund0.61%60 +2%
Aditya Birla SL MNC Fund1.64%54 +11%
SBI Quality Fund1.99%53 -6%
Aditya Birla SL Aggressive Hybrid Fund0.70%51 +2%
ICICI Pru Large & Mid Cap Fund0.15%49 +95%

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was 34% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-12-17Siemens Energy Holding B.V.Promotersother3,561,203Rs 1160.10 CrInter-se-Transfer
2025-12-17Siemens International Holding B.V.Promotersother3,561,203Rs 1160.10 CrInter-se-Transfer
2025-12-16Siemens Energy Holdco B.V.Promotersother14,503,026Rs 4702.01 CrInter-se-Transfer
2025-12-16Siemens International Holding B.V.Promotersother14,503,026Rs 4702.01 CrInter-se-Transfer
2023-12-20Siemens Energy Holding B.V.Promotersother17,806,013Rs 6914.70 CrInter-se-Transfer
2023-12-08Siemens Energy Holding B.V.Promotersother64,101,646Rs 18677.48 CrInter-se-Transfer
2023-12-08Siemens Aktiengesellschaft, GermanPromotersother64,101,646Rs 18677.48 CrInter-se-Transfer
2022-12-14Bhanu Bhupendra DhabaliaImmediate relativesell200Rs 0.06 CrMarket Sale
2022-12-14Tejas Bhupendra DhabaliaImmediate relativesell200Rs 0.06 CrMarket Sale
2022-12-09NEVILLE KEKI GANDHIEmployees/Designated Employesell150Rs 0.04 CrMarket Sale
2022-12-09Meher Rumi GhadiallyImmediate relativebuy63Rs 0.02 CrMarket Purchase
2022-12-09NEVILLE KEKI GANDHIEmployees/Designated Employebuy150Rs 0.04 CrMarket Purchase
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹4,714 Cr +14.8% vs Jun 2025. Net profit ₹2,143 Cr +406.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-29Dividend - Rs 18 Per Share
2025-04-07Demerger
2025-01-30Dividend - Rs 12 Per Share
2024-01-30Dividend - Rs 10 Per Share
2023-01-31Dividend - Rs 10 Per Share
2022-01-20Dividend - Rs 8 Per Share
2021-01-27 Dividend - Rs 7 Per Share
2020-02-03 Dividend - Rs 7 Per Share
2019-01-28 Dividend- Rs 7/- Per Share
2018-01-25 Dividend- Rs 7/- Per Share
2017-01-31 Dividend - Rs 6/- Per Share
2016-08-12 Interim Dividend - Rs 27.50/- Per Share
2016-01-21 Final Dividend Rs 6/- Plus Special Dividend Rs 4/- Per Share
2015-01-14Annual General Meeting/Final Dividend - Rs 6/- Per Share
2014-01-15Annual General Meeting / Dividend - Rs 5/- Per Share
2013-01-16Annual General Meeting / Dividend Rs. 6/- Per Share
2012-01-16Dividend - Rs.6/- Per Share
2011-01-18Dividend-Rs.5/- Per Share
2010-01-19Dividend-Rs.5/- Per Share
2009-01-14Agm/Dividend - 150%
2008-02-29Bonus 1:10.5000
2008-01-14Dividend - Rs.4.80 Per Sh
2007-01-02Agm/Dividend - 190%
2006-06-13Fv Split Rs.10/- To Rs.2/0.2000
2006-01-06Agm/Div-Fin-45% + Spl-55%
DateTypeWhat it says
2026-10-01Director changeChange in Director(s) of the company.
2026-09-25UpdatesIntimation to physical shareholders to furnish KYC details.
2026-09-25UpdatesApproval for reduction of share capital of C&S Electric Limited (a subsidiary of Siemens Limited).
2026-09-22UpdatesApplication to Stock Exchanges for reclassification from "Promoter" category to "Public" category in accordance with Regulation 31A of the SEBI LODR
2026-09-18UpdatesOutcome Of Board Meeting - Reclassification From Promoter Category To Public Category In Accordance With Regulation 31A Of The SEBI (Listing Obligatio...
2026-09-12Amalgamation/MergerThe notices to equity shareholders and unsecured creditors of Siemens Limited - Scheme of Amalgamation
2026-09-09Amalgamation/MergerOrder dated September 07, 2026 of the Honble National Company Law Tribunal, Mumbai Bench - inter alia, dispensing the meeting of equity shareholders a...
2026-09-08Change in ManagementChange in Management
2026-09-07UpdatesIntimation of receipt of request for reclassification from promoter category to public category in accordance with Regulation 31A of the Securitie...
2026-08-20LitigationPendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-12ResignationResignation of Director/KMP/SMP
2026-08-11Change in ManagementChange in Management
2026-08-11Shareholder meetingProceedings of Annual General Meeting held on August 11, 2026
2026-08-11Shareholder meetingVoting results.
2026-08-11Board meeting outcomeSiemens Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17UpdatesBusiness Responsibility and Sustainability Report for the Financial Year 2024-26 along with Independent Practitioner s Reasonable Assurance Report on ...
2026-07-14UpdatesIntimation to Members - Annual Report FY 2026.
2026-07-13Shareholder meetingNotice of Annual General Meeting to be held on August 11, 2026
2026-07-10Record DateRecord date for the purpose of Dividend is 29-Jul-2026.
2026-07-02UpdatesTDS Communication On Dividend For Financial Year ended March 31, 26.
2026-06-03Concall / analyst meetTranscript
2026-06-01General UpdatesGeneral Updates
2026-05-28Concall / analyst meetLink of Recording
2026-05-28Concall / analyst meetPresentation
2026-05-26Amalgamation/MergerAmalgamation/Merger
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.85
Max pain (expiry 2026-10-27)3,800
Largest call open interest at4,100
Largest put open interest at3,800
Implied volatility, at the money26.4%
Underlying at snapshot3,804.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30141
2026-09-29175
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-08-16NCLTM/s. Siemens Financial Services Pvt Ltd. Vs Vinod Sehwag (Personal Guarantor of Xalta Food & Beverages Pvt Ltd)
2021-07-30NCLTSiemens Financial Services Pvt. Ltd Vs Rakesh Saxena (Personal Guarantor and Ex-Director of Durha Vitrak Private Limited)
2021-07-13NCLTSiemens Financial Services Private Limited Vs Prayag Polytech Private Limited
2021-06-11NCLTM/s. Siemens Financial Services Pvt Ltd. Vs Vinod Sehwag (Personal Guarantor of Xalta Food & Beverages Pvt Ltd)
2021-05-18NCLATSiemens Ltd VS Meenakshi Energy Ltd Through its Resolution Professional & Ors
2021-04-07NCLTSiemens Financial Services Pvt. Ltd Vs Rakesh Saxena (Personal Guarantor and Ex-Director of Durha Vitrak Private Limited)
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Siemens Ltd?

Siemens Ltd (SIEMENS) has a market capitalisation of Rs 1,32,121 Cr. at the 2026-10-01 close.

What is the P/E ratio of Siemens Ltd?

Siemens Ltd trades at a P/E of 87.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Siemens Ltd's latest quarterly results?

In the Jun 2026 quarter, Siemens Ltd sales was Rs 4,714 Cr (+14.8% vs Jun 2025) and net profit was Rs 2,143 Cr.

What is the 52-week high and low of Siemens Ltd?

The 52-week high is Rs 4,149.40 and the 52-week low is Rs 2,826.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03