Siemens Q4 Results: Net Profit Rises 45% to ₹803 Crore, Revenue Up 11% YoY; Dividend Declared

Siemens Ltd., a powerhouse in engineering and automation, has unveiled its stellar Q4 results for FY 2024. With a net profit soaring 45% to ₹803 crore and a robust revenue growth of 11% YoY, the company has demonstrated resilience and strategic execution. A dividend of ₹12 per share further solidifies Siemens' position as a reliable player in the industry. Let’s dive into the details of Siemens' Q4 performance and what it means for stakeholders.

What Are Siemens Q4 Results?

Siemens’ Q4 results encapsulate the company's performance during the July–September quarter. The standout figures include a 45% jump in net profit to ₹803 crore and an 11% rise in revenue to ₹6,461 crore, compared to ₹5,807.7 crore in the same period last year.

Key Metrics of Siemens Q4 Results

Siemens Q4 Results: Net Profit Rises 45% to ₹803 Crore, Revenue Up 11% YoY; Dividend Declared

The highlight of the quarter is Siemens' 45% increase in net profit, which reached ₹803 crore. This growth is attributed to strong revenue performance, operational efficiency, and strategic cost management. The 11% revenue growth to ₹6,461 crore reflects healthy demand across business segments.

What Contributed to Siemens' Revenue Growth?

The revenue growth was driven by robust demand across all segments. Digital industries, in particular, experienced normalization, while other verticals benefited from increased capex in infrastructure projects.

New Orders: A Significant 37% Surge

Siemens reported a 37% YoY increase in new orders, amounting to ₹6,164 crore. Excluding the ₹9,000 crore locomotive order from Indian Railways in FY 2023, the growth stands at 14%, highlighting sustained demand.

Dividend Announcement: ₹12 Per Share

Siemens’ board recommended a ₹12 dividend per equity share (600% of the face value). Shareholders can expect the dividend payout after approval during the Annual General Meeting (AGM) scheduled for early 2025.

EBITDA Performance: A Testament to Operational Strength

The company achieved an EBITDA of ₹938 crore, a 34% increase from the previous year. The EBITDA margin also improved to 14.5%, underlining Siemens’ operational efficiency.

Investment in Expansion: ₹100 Crore for Kalwa Factory

Siemens announced an additional ₹100 crore capex to expand its Power Transformer factory in Kalwa, taking the total investment to ₹460 crore. This expansion aligns with Siemens’ vision to strengthen its product portfolio.

Siemens Xcelerator: Driving Digital Transformation

Siemens Xcelerator, the company’s digital platform, played a pivotal role in the quarter. Increased adoption across industries reflects its growing importance in enabling digital transformation.

Private Sector and Government Capex: A Boon for Siemens

Siemens benefited from rising private sector capex and the Government’s focus on infrastructure. These trends are expected to continue driving growth in the coming quarters.

Siemens Energy Demerger: Unlocking Shareholder Value

The company is progressing with the demerger of its Energy business, which is expected to unlock significant value for shareholders. This move positions Siemens to focus on its core competencies.

Siemens Q4 Results vs. Competitors

Siemens outperformed several competitors, leveraging its diversified portfolio and robust order book. The company’s ability to adapt to market conditions has been instrumental in maintaining its competitive edge.

Market Reaction: How Did Siemens Shares Perform?

On the day of the results, Siemens shares closed 1.42% lower at ₹7,245.90 on the BSE. Despite this, analysts remain bullish on the stock, citing strong fundamentals.

Expert Insights on Siemens Q4 Results

Sunil Mathur, Managing Director & CEO, remarked:
"The company delivered strong results, gaining market share across segments. With increasing interest in Siemens Xcelerator, we are poised for future opportunities."

FAQs

1. What is the net profit reported by Siemens in Q4 FY 2024?

Siemens reported a net profit of ₹803 crore, marking a 45% YoY increase.

2. What is the revenue growth in Siemens Q4 Results?

The company achieved 11% revenue growth, reaching ₹6,461 crore.

3. What dividend has Siemens announced?

Siemens declared a ₹12 per share dividend for FY 2024, payable post-AGM approval.

4. How much did Siemens invest in the Kalwa factory expansion?

An additional ₹100 crore, raising the total investment to ₹460 crore.

5. What is Siemens Xcelerator?

Siemens Xcelerator is a digital platform driving innovation and transformation across industries.

6. What is the outlook for Siemens post-Q4 results?

Siemens is well-positioned to capitalize on private and government capex, with a strong focus on digitalization and operational efficiency.

Conclusion

Siemens’ Q4 results reflect exceptional growth and resilience. With strong financial metrics, robust demand, and strategic initiatives, Siemens continues to cement its position as a leader in engineering and automation. The company’s focus on innovation, sustainability, and shareholder value positions it for sustained success.