Siemens Limited (SIEMENS) AI Stock Analysis

• Market Cap: ₹1.10T
• Dividend Yield: 0.38%
• Average Volume (3M): 15.01K
• Price to Earnings (P/E): 52.4
• Beta (1Y): 1.50
• Revenue Growth: -21.92%
• EPS Growth: -22.52%
• Country: IN
• Employees: 9,434
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): N/A
• Shares Outstanding: 356,120,500
• 10 Day Avg. Volume: 13,609
• 30 Day Avg. Volume: 15,013
• PEG Ratio: -2.36
• Price to Book (P/B): 8.41
• Price to Sales (P/S): 6.41
• P/FCF Ratio: 195.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹3,375.00
• Price Target Upside: 9.78% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹3,182.00 ▲(3.50% Upside)

Siemens Limited's strong financial foundation is offset by technical indicators suggesting bearish momentum and valuation metrics indicating overvaluation. The absence of earnings call and corporate event data limits further insights.

Positive Factors

Business Model Strength

Siemens Limited's diversified business model across multiple sectors like Digital Industries and Smart Infrastructure provides resilience and growth potential, leveraging technological advancements in automation and digitalization.

Revenue Streams

Multiple revenue streams from diverse sectors ensure stability and reduce dependency on a single market, allowing Siemens Limited to capitalize on various industry trends and maintain a steady income flow.

Balance Sheet Health

A robust balance sheet with low leverage and strong equity ratio provides Siemens Limited with financial stability and flexibility to invest in growth opportunities and withstand economic fluctuations.

Negative Factors

Revenue Growth Challenges

The decline in revenue growth suggests potential difficulties in maintaining market momentum, which could impact Siemens Limited's ability to expand its market share and sustain long-term growth.

Free Cash Flow Volatility

Volatile free cash flow growth can limit Siemens Limited's financial flexibility, affecting its capacity to reinvest in business operations and pursue strategic initiatives effectively.

Gross Profit Margin Pressure

Decreasing gross profit margins indicate cost management challenges, which could erode profitability and hinder Siemens Limited's ability to maintain competitive pricing and invest in innovation.

Siemens Limited Business Overview & Revenue Model

Company Description

Siemens Limited manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, general purpose machinery, and other electrical equipment in India and internationally. The company's Energy segment provides integrated products, solutions, and services for oil and gas production, and power generation and transmission. It serves oil and gas, utilities, independent power producers, and engineering, procurement, and construction companies. Its Smart Infrastructure segment supplies products, systems, solutions, and services for transmission and distribution of electrical energy for power utilities, industrial companies, and infrastructure segments. This segment offers systems for low and medium voltage distribution; solutions for smart grids and energy automation; and low voltage power supply systems, as well as intelligent and connected infrastructure for grids and buildings. The company's Mobility segment provides solutions for passenger and freight transportation, including rail vehicles, rail automation systems, rail electrification systems, road traffic technology, and IT solutions. Its Portfolio Companies segment provides products, services, and mining and minerals solutions to industry sector. The company's Digital Industries segment offers automation, drives, and software technologies covering the complete life cycle from product design and production execution to services for discrete and process industries. The company also engages in the lease rental business. Additionally, it manufactures electronic components and optical products, and industrial machinery and equipment, as well as engages in the repair of fabricated metal products, and machinery and equipment. The company was formerly known as Siemens India Limited and changed its name to Siemens Limited in March 1987. Siemens Limited was founded in 1867 and is based in Mumbai, India. Siemens Limited operates as a subsidiary of Siemens Aktiengesellschaft.

How the Company Makes Money

Siemens Limited generates revenue through multiple key streams, primarily from the sale of products, systems, and services in its various sectors. The Digital Industries sector contributes significantly by providing automation technologies, software solutions, and digital services to enhance manufacturing processes. Smart Infrastructure focuses on intelligent building technologies and energy management solutions, which also drive revenue. The Mobility sector generates income through rail automation and traffic management systems. Additionally, Siemens Healthineers earns revenue from medical devices and diagnostic solutions. The company also benefits from long-term service agreements and maintenance contracts that ensure recurring revenue. Strategic partnerships with other technology firms and participation in government projects further enhance its revenue potential, allowing Siemens Limited to capitalize on large-scale infrastructure projects and technological advancements.

Siemens Limited Financial Statement Overview

Summary

Siemens Limited exhibits strong profitability and a robust balance sheet, with efficient cost control and operational effectiveness. However, challenges in revenue growth and free cash flow volatility could impact future performance.

Income Statement

Siemens Limited has demonstrated strong profitability with consistent EBIT and EBITDA margins over the years. However, the recent decline in revenue growth rate by 6.9% in the latest year indicates potential challenges in maintaining growth momentum. The gross profit margin has also decreased, suggesting pressure on cost management. Despite these challenges, the company maintains a healthy net profit margin, reflecting efficient cost control and operational effectiveness.

Balance Sheet

The balance sheet of Siemens Limited is robust, characterized by a low debt-to-equity ratio, indicating conservative leverage and strong financial stability. The return on equity remains strong, showcasing effective utilization of shareholder funds. The equity ratio is healthy, reflecting a solid capital structure with a significant portion of assets financed by equity. These factors contribute to a stable financial position, although the slight decrease in stockholders' equity in the latest year warrants monitoring.

Cash Flow

Siemens Limited's cash flow performance is stable, with a positive operating cash flow to net income ratio, indicating efficient cash generation from operations. However, the free cash flow growth rate has been volatile, with a significant decline in the latest year. The free cash flow to net income ratio remains strong, suggesting effective conversion of profits into cash. The company should focus on stabilizing free cash flow growth to enhance financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	186.54B	173.64B	222.40B	195.54B	161.38B	131.99B
Gross Profit	56.95B	33.22B	70.75B	60.01B	50.23B	40.88B
EBITDA	24.36B	25.77B	30.28B	23.89B	18.87B	15.17B
Net Income	24.50B	21.04B	27.17B	19.61B	15.43B	10.89B
Balance Sheet
Total Assets	0.00	199.89B	254.08B	222.65B	201.09B	179.58B
Cash, Cash Equivalents and Short-Term Investments	60.93B	69.86B	95.49B	76.94B	66.70B	52.51B
Total Debt	0.00	1.45B	2.79B	1.75B	1.82B	2.22B
Total Liabilities	-123.36B	67.51B	100.42B	91.69B	84.91B	76.00B
Stockholders Equity	123.36B	132.28B	153.57B	130.87B	116.10B	103.49B
Cash Flow
Free Cash Flow	0.00	5.71B	13.27B	11.98B	8.22B	13.04B
Operating Cash Flow	0.00	9.51B	16.70B	14.00B	9.79B	14.22B
Investing Cash Flow	0.00	25.44B	-5.05B	-7.59B	-353.00M	-23.89B
Financing Cash Flow	0.00	-31.86B	-5.23B	-4.50B	-3.92B	-5.02B

Siemens Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3074.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SIEMENS, the sentiment is Positive. The current price of 3074.45 is above the 20-day moving average (MA) of 2984.18, below the 50-day MA of 3102.91, and below the 200-day MA of 3130.45, indicating a neutral trend. The MACD of -24.29 indicates Negative momentum. The RSI at 58.23 is Neutral, neither overbought nor oversold. The STOCH value of 93.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SIEMENS.

Siemens Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BEL	77 Outperform	₹3.28T	55.03	―	0.60%	16.58%	25.45%
CGPOWER	72 Outperform	₹919.33B	81.43	―	0.20%	25.63%	-26.61%
LT	66 Neutral	₹5.41T	26.38	―	0.84%	13.33%	21.25%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
KEC	60 Neutral	₹177.58B	26.08	―	0.74%	12.21%	56.50%
SCHNEIDER	60 Neutral	₹165.73B	64.06	―	―	12.77%	31.32%
SIEMENS	57 Neutral	₹1.10T	52.42	―	0.38%	-21.92%	-22.52%

Siemens Limited Corporate Events

Siemens Limited Files SEBI Dematerialisation Compliance Certificate for Q4 2025

Siemens Limited has submitted to Indian stock exchanges the requisite certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. Its registrar and share transfer agent, MUFG Intime India Private Limited, confirmed that all details of securities dematerialized during the period have been duly furnished to the depositories and the exchanges where Siemens’ equity shares are listed, underscoring the company’s ongoing compliance with securities market regulations and reinforcing transparency for shareholders and regulators.

Siemens Limited Publishes Postal Ballot and E-Voting Notice for Shareholders

Siemens Limited has notified the stock exchanges that it has published newspaper notices in Business Standard (English) and Navshakti (Marathi) announcing a postal ballot and providing details of remote e-voting to its shareholders. The disclosure, made under SEBI’s Listing Regulations, underscores the company’s adherence to regulatory requirements and its use of postal ballot and e-voting mechanisms to facilitate shareholder participation in corporate decision-making.

Siemens Limited Seeks Shareholder Nod via Fully Digital Postal Ballot

Siemens Limited has initiated a postal ballot process to seek shareholder approval for a special business resolution, in line with the Companies Act, SEBI listing regulations and recent Ministry of Corporate Affairs guidelines. The company is conducting the exercise entirely through remote e‑voting, facilitated by NSDL, with voting open from January 1 to January 30, 2026, underscoring its compliance with evolving corporate governance norms and its continued reliance on digital mechanisms for shareholder participation.

Siemens Limited Faces Tax Demand, Plans Appeal

Siemens Limited has received a final assessment order from the Income Tax Department for the Assessment Year 2022-23, demanding a tax payment of approximately INR 62.94 million due to transfer pricing adjustments. The company plans to appeal this order and anticipates no significant financial impact from it.

Siemens Limited Announces Key Senior Management Changes

Siemens Limited has announced key changes in its senior management team, effective January 1, 2026. Dr. Shilpa Kabra Maheshwari will step down as Head of People & Organisation, with Ms. Sabine Schneider taking over the role, bringing extensive experience in HR leadership from Siemens and other global companies. Additionally, Mr. Rajiv Suri will retire as Head of Environmental Health and Safety, succeeded by Ms. Sweta Praharaj, who has a strong background in EHS and crisis management, including leading Siemens’ COVID-19 response.