ABB India Bets on India’s Industrial Growth as Q1 Orders Hit INR 4,280 Cr
ABB India has reported a strong start to CY2026, with first-quarter orders rising 25 percent year-on-year to INR 4,280 crore, driven by sustained demand from emerging and core industrial sectors. The company said the performance reinforces its confidence in India’s next industrial capital expenditure cycle despite global uncertainties and operational challenges.
Revenue for the January–March 2026 quarter grew six percent year-on-year to INR 3,184 crore, supported by growth in the Electrification and Motion businesses. ABB India said demand momentum remained healthy across infrastructure, renewable energy, data centres, transportation, and manufacturing industries.
Sanjeev Sharma, Country Head and Managing Director of ABB India, said the company’s diversified portfolio, technology capabilities, and customer engagement helped convert market opportunities into strong order inflows.
“ABB India has built a strong and resilient foundation, anchored in our product, service and technology capabilities. This strength was reflected in a solid first quarter of CY2026, with healthy order traction and revenue growth driven by demand momentum across emerging and core industries,” Sharma said.
The company’s executable order backlog stood at INR 11,094 crore at the end of March 2026, marking a 17 percent increase over the previous year and providing strong revenue visibility for the coming quarters.
ABB India secured several key orders during the quarter, including power distribution and automation systems for data centres, propulsion systems for metro rail networks, smart power products for wind energy projects, and electrification products for food and beverage manufacturers. The company also won orders related to smart city projects, metals manufacturing, solar inverter production, and utility automation upgrades.
Operationally, ABB India announced a USD 75 million investment to expand manufacturing and research and development capabilities across five locations in India. The expansion is aimed at supporting critical infrastructure sectors such as renewable energy, metro rail, and data centres.
The company also achieved a milestone by dispatching its first locally manufactured wind power converter from its Nelamangala facility, strengthening India’s role in the global wind energy manufacturing ecosystem. In addition, ABB launched the ARTU Formula family, a next-generation low-voltage switchgear platform designed for industrial and commercial applications.
ABB India further completed the automation and cybersecurity upgrade of BPCL’s 937-km Vadinar–Bina crude oil pipeline using its ABB Ability SCADAvantage system. The company also supplied electrification and drives solutions to the Noida International Airport, which became operational during the quarter.
Despite the strong operational performance, profitability remained under pressure. Profit before tax for Q1 CY2026 stood at INR 462 crore, while profit after tax came in at INR 342 crore. The company attributed the softer margins to adverse revenue mix, execution of lower-margin orders, higher input costs due to foreign exchange volatility, and slower project execution timelines.
ABB India also noted that geopolitical tensions in West Asia increased logistics complexity and supply chain costs, though export disruptions remained limited.
The company maintained a strong cash position of INR 6,042 crore at the end of the quarter.
On the sustainability front, ABB India reported an approximately 82 percent reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to its 2019 baseline and reaffirmed its commitment to achieving 100 percent renewable electricity usage. The company also expanded its water stewardship initiatives by pursuing Alliance for Water Stewardship certification for another facility after its Nelamangala campus received AWS Gold certification.
Looking ahead, ABB India said it remains optimistic about domestic demand trends, supported by continued investments in infrastructure, railways, grid modernisation, renewable energy, data centres, and industrial manufacturing sectors such as chemicals, pharmaceuticals, automotive, metals, mining, and power distribution.
The company, however, cautioned that geopolitical uncertainties and fluctuations in energy and logistics costs could continue to impact near-term margins.
