ABB India Ltd
ABB India Limited is an integrated power equipment manufacturer supplying the complete range of engineering, products, solutions and services in areas of Automation and Power technology. [1]
- Market Cap ₹ 1,46,315 Cr.
- Current Price ₹ 6,905
- High / Low ₹ 9,200 / 4,193
- Stock P/E 86.7
- Book Value ₹ 299
- Dividend Yield 0.34 %
- ROCE 30.7 %
- ROE 22.9 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 20.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 27.6%
Cons
- Stock is trading at 23.1 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE Dollex 200 Nifty200 Alpha30 BSE 500 BSE Industrials Nifty100 Quality 30
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7,562 | 7,719 | 7,730 | 8,136 | 8,642 | 6,094 | 6,690 | 7,315 | 5,821 | 6,934 | 8,568 | 10,447 | 11,581 | |
7,212 | 7,230 | 7,154 | 7,402 | 7,932 | 5,669 | 6,224 | 6,777 | 5,553 | 6,368 | 7,600 | 8,945 | 9,516 | |
Operating Profit | 350 | 489 | 576 | 734 | 710 | 425 | 466 | 538 | 268 | 566 | 968 | 1,501 | 2,065 |
OPM % | 5% | 6% | 7% | 9% | 8% | 7% | 7% | 7% | 5% | 8% | 11% | 14% | 18% |
7 | 3 | 14 | 6 | 122 | 267 | 339 | 26 | 170 | 266 | 506 | 289 | 338 | |
Interest | 57 | 116 | 122 | 106 | 108 | 62 | 60 | 28 | 25 | 19 | 15 | 17 | 19 |
Depreciation | 94 | 103 | 113 | 160 | 151 | 101 | 93 | 90 | 120 | 103 | 105 | 120 | 128 |
Profit before tax | 206 | 272 | 355 | 475 | 573 | 528 | 652 | 445 | 293 | 711 | 1,353 | 1,653 | 2,256 |
Tax % | 33% | 35% | 36% | 37% | 35% | 21% | 22% | 32% | 25% | 27% | 25% | 25% | |
137 | 177 | 229 | 300 | 374 | 420 | 511 | 303 | 219 | 520 | 1,016 | 1,242 | 1,682 | |
EPS in Rs | 6.48 | 8.35 | 10.78 | 14.15 | 17.67 | 19.82 | 24.11 | 14.32 | 10.35 | 24.53 | 47.96 | 58.61 | 79.37 |
Dividend Payout % | 46% | 36% | 34% | 26% | 23% | 22% | 20% | 34% | 48% | 21% | 11% | 50% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 9% |
3 Years: | 22% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 20% |
3 Years: | 93% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 41% |
3 Years: | 50% |
1 Year: | 62% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 18% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Jun 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 |
Reserves | 2,556 | 2,635 | 2,770 | 2,966 | 3,244 | 3,565 | 3,965 | 3,478 | 3,564 | 4,003 | 4,897 | 5,902 | 6,299 |
328 | 620 | 371 | 600 | 600 | 608 | 7 | 14 | 58 | 37 | 33 | 49 | 47 | |
3,544 | 3,752 | 3,639 | 3,800 | 3,844 | 4,673 | 5,063 | 4,167 | 3,926 | 3,991 | 4,346 | 5,008 | 5,315 | |
Total Liabilities | 6,470 | 7,050 | 6,822 | 7,409 | 7,731 | 8,888 | 9,077 | 7,701 | 7,590 | 8,073 | 9,318 | 11,001 | 11,703 |
1,207 | 1,392 | 1,400 | 1,298 | 1,255 | 1,219 | 893 | 742 | 783 | 817 | 899 | 994 | 1,005 | |
CWIP | 117 | 47 | 32 | 44 | 68 | 116 | 83 | 59 | 75 | 77 | 69 | 60 | 65 |
Investments | 52 | 17 | 16 | 16 | 16 | 271 | 0 | 0 | 0 | 0 | 493 | 2 | 2 |
5,093 | 5,594 | 5,374 | 6,050 | 6,392 | 7,282 | 8,101 | 6,900 | 6,733 | 7,179 | 7,857 | 9,946 | 10,632 | |
Total Assets | 6,470 | 7,050 | 6,822 | 7,409 | 7,731 | 8,888 | 9,077 | 7,701 | 7,590 | 8,073 | 9,318 | 11,001 | 11,703 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-50 | 330 | 479 | 382 | 863 | 792 | 625 | 667 | 318 | 650 | 742 | 1,351 | |
-340 | -209 | -148 | -76 | -68 | -318 | 151 | -398 | 443 | -2,008 | 1,826 | -3,352 | |
211 | 119 | -422 | 42 | -179 | -171 | -794 | -147 | -152 | -127 | -140 | -269 | |
Net Cash Flow | -179 | 240 | -91 | 347 | 615 | 302 | -17 | 123 | 609 | -1,485 | 2,428 | -2,270 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 158 | 153 | 149 | 152 | 125 | 166 | 92 | 97 | 106 | 99 | 89 | 89 |
Inventory Days | 68 | 73 | 67 | 71 | 67 | 111 | 79 | 68 | 83 | 83 | 98 | 90 |
Days Payable | 140 | 154 | 146 | 159 | 154 | 261 | 160 | 150 | 169 | 185 | 182 | 179 |
Cash Conversion Cycle | 85 | 72 | 71 | 64 | 38 | 15 | 11 | 15 | 20 | -2 | 5 | -0 |
Working Capital Days | 59 | 55 | 53 | 56 | 37 | -4 | -97 | 13 | -3 | -4 | -3 | -9 |
ROCE % | 10% | 13% | 15% | 17% | 17% | 15% | 17% | 14% | 7% | 16% | 23% | 31% |
Documents
Announcements
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Disclosure Under The Regulation 30 Of The SEBI (LODR) Regulations, 2015 And Amendments Thereto ('Listing Regulations')
15 Nov - Company received warning for insider trading violations.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 14 Nov
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Announcement under Regulation 30 (LODR)-Cessation
12 Nov - Mr. V K Viswanathan ceases to be Independent Director.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 12 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Nov - ABB India revamps Faridabad facility for sustainability and efficiency.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Aug 2024TranscriptPPTREC
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Sep 2023TranscriptPPT
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Oct 2021TranscriptNotesPPT
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Aug 2020TranscriptPPT
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Nov 2019TranscriptPPT
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May 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Nov 2018Transcript PPT
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Jul 2018Transcript PPT
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Aug 2017TranscriptPPT
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Nov 2016TranscriptPPT
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Aug 2016TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
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Nov 2015TranscriptPPT
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Jul 2015TranscriptPPT
Synergies with Parent
ABB India is a subsidiary of ABB Ltd which is a leading electrification and automation company globally. It derives significant benefits from its parent in the form of access to centralised R&D facilities of ABB for which it pays royalty to ABB. ABB also provides management support through delegates on the board of ABB India. [1]