- ABB India’s net income for the fourth quarter was 5.28 billion rupees, marking a 56% year-over-year increase and surpassing the estimated 4.52 billion rupees.
- Quarterly revenue reached 33.6 billion rupees, a 22% rise from last year, and exceeded the projected 31.51 billion rupees.
- The robotics division earned 1.4 billion rupees, reflecting a 30% increase year-over-year, but fell short of the 2.41 billion rupees expectation.
- Revenue from the motion sector amounted to 11.2 billion rupees, a 22% rise, surpassing the anticipated 10.75 billion rupees.
- The electrification segment saw a 33% increase in revenue, reaching 15 billion rupees against the estimated 13.39 billion rupees.
- Process automation revenue slightly declined by 0.5% year-over-year to 6.28 billion rupees, missing the 6.65 billion rupees forecast.
- Total costs for the quarter amounted to 27.5 billion rupees, rising 16% from the previous year.
- A dividend of 33.50 rupees per share has been declared.
- Analyst recommendations include 13 buys, 9 holds, and 5 sells on ABB India.
“`
A look at ABB India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ABB India Ltd, a company involved in engineering, construction projects, and manufacturing heavy industrial equipment, seems to have a promising long-term outlook, as indicated by its Smartkarma Smart Scores. With high scores in Growth and Resilience, the company is positioned well for future expansion and sustainability.
Furthermore, ABB India Ltd‘s above-average score in Dividend highlights its ability to provide attractive returns to investors. However, the company’s lower scores in Value and Momentum suggest there may be areas for improvement in terms of market performance and valuation. Overall, with a strong focus on growth, resilience, and dividends, ABB India Ltd appears to be moving in a positive direction within the industry.
### Summary: ABB India Limited specializes in engineering and construction projects, along with manufacturing heavy industrial equipment for various sectors such as energy production, power transmission, transportation, process automation, and pollution control. The company’s product range includes pollution control equipment, switchgears, and high current rectifiers. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
