$SIEMENS Shares Gain After Strong Order Inflows Despite Margin Pressure

$SIEMENS shares rose nearly 3% after the company posted strong Q4FY26 order inflows, although profitability remained under pressure due to weaker margins. The company reported a consolidated net profit of ₹370 crore for the March quarter, down 36.4% YoY from ₹582 crore last year. Revenue from operations, however, increased 14.6% YoY to ₹4,618 crore, supported by healthy execution and demand momentum. Order inflows surged 33% YoY to ₹6,730 crore, while the order backlog expanded to ₹45,030 crore, reflecting strong traction across domestic public and private sectors. Brokerage Nomura Holdings maintained a “Neutral” rating on $SIEMENS with a target price of ₹3,343, highlighting better-than-expected orders and revenue. However, margins remained below expectations due to rising commodity costs and rupee depreciation. Adjusted EBITDA margin declined to 9.7%, impacted by pressure in the Digital Industries and Smart Infrastructure segments. Analysts are now awaiting management commentary during the earnings call scheduled for May 28 for further guidance on profitability and future order growth. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.