ABB India earnings calls.

ABB India delivered a strong Q2 FY2026-27Current reported value: strong Q2 FY2026-27. No comparable prior figure is available in the source record. with orders surging 50% YoYCurrent 50% YoY. Reported change: +50% YoY. to Rs 11,900 crCurrent 11,900 Cr. Reported change: Strong conversion visibility.ore backlog, while revenue grew 21% YoYCurrent 21% vs previous available quarter 14%. supported by robust execution from the order book. PAT increased 8% YoYCurrent reported value: 8% YoY. No comparable prior figure is available in the source record. to Rs 566 crore despite EBITDA margin compressing to 12.8%Current reported value: 12.8%. No comparable prior figure is available in the source record. from approximately 13Current reported value: 13. No comparable prior figure is available in the source record.% last year, pressured by elevated commodity prices (copper, silver) and forex volatility. Management noted a 2-3 percentage point benefit from operating leverageCurrent reported value: 2-3 percentage point benefit from operating leverage. No comparable prior figure is available in the source record. but faced ~3% headwind from material costsCurrent reported value: ~3% headwind from material costs. No comparable prior figure is available in the source record. that couldn't be fully offset due to pricing lag inherent in short-cycle product businesses. Segment-wise, Electrification grew 77% on ordersCurrent 77% on orders. Reported change: +77% YoY. with data centers contributing 15-17%Current 15-17%. Reported change: Emerging as top vertical. of total orders; Motion delivered 26% revenue growthCurrent reported value: 26% revenue growth. No comparable prior figure is available in the source record. driven by railways and metro; Automation grew 24% on ordersCurrent reported value: 24% on orders. No comparable prior figure is available in the source record. with ~30% from services. Management expressed caution on near-term margin visibility due to persistent commodity headwinds but remains confident in converting the strong backlog (40% executable in next two quarters) and guiding capacity expansion to support 15-20% annual incremental growthCurrent 15-20% annual incremental growth. Reported change: Emerging as top vertical.. Key risks include subnormal monsoon impact on rural demand and geopolitical-related sluggishness in oil & gas capex.