ABBABB India LimitedNSE:ABBTechnicalAnalystSucritABB India Ltd. (CMP ₹7,164.00, NSE: ABB) Prepared by Sucrit Patil | The SmartWay Research Desk | 18 June 2026 A Bengaluru‑based engineering and automation company, incorporated in 1949. ABB India operates across electrification, robotics, industrial automation, and motion solutions, serving power, manufacturing, transport, and infrastructure sectors. Promoter Holding (Mar 2026): ABB Asea Brown Boveri Ltd. — 75.00% stake (no pledges) FY22–FY26 Snapshot Revenue Growth: FY26 revenue ₹12,842 Cr vs ₹11,215 Cr in FY25 (+14.5% YoY). → Good Net Profit: FY26 PAT ₹1,215 Cr vs ₹1,048 Cr in FY25 (+15.9% YoY). → Good Operating Margin: FY26 EBITDA ₹2,312 Cr, margin 18.0% vs 17.2% last year (+80 bps). → Good Equity Capital: Stable, face value ₹2. → Good Dividend Policy: Dividend ₹25.00/share declared for FY26. → Good Asset Building: Investments in robotics, EV charging, and smart grid solutions. → Good Sales: Strong demand from industrial automation and electrification projects. → Good Expense: Raw material cost pressures (steel, copper) remain. → Neutral/Good EPS: FY26 EPS ₹72.15 vs ₹62.20 last year (+16%). → Good Institutional Interest & Ownership Trends (Mar 2026) Promoter Holding: 75.00% (no pledges) FII Holding: 8.12% DII Holding: 10.34% Retail & Others: 6.54% Strategic Moves & Innovations Expansion in EV charging infrastructure and smart grids. Focus on industrial robotics and automation solutions. Partnerships with state utilities for electrification projects. Diversification into renewable energy integration and digital solutions. Cash Flow & Balance Sheet Strength Market cap ~₹1,52,800 Cr. Debt‑to‑equity ratio ~0.18 (low leverage). Book value per share ₹412.00; P/B ~17.4. EPS (TTM) ₹72.15; P/E ~99.3. Risk Factors High P/E ratio ~99.3, indicating premium valuations. Dependence on industrial capex cycles. Exposure to commodity price volatility (steel, copper). Competition from Siemens India, Schneider Electric, and GE India. Investor Takeaway ABB India has delivered robust FY26 performance, supported by electrification, automation, and robotics demand. With strong promoter backing, dividend payouts, and leadership in industrial technology, ABB remains a premium play on India’s industrial automation and electrification growth story. At CMP ₹7,164.00, valuations are expensive (P/E ~99.3, P/B ~17.4), reflecting high growth expectations but also significant risk.