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4 min read | Updated on April 22, 2026, 14:40 IST
SUMMARY
ABB Group said it plans to invest approximately $75 million in India to expand its manufacturing and research and development capabilities in all business areas. It also reported its results for Q1 CY26.
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ABB India has a total market capitalisation of ₹1.6 lakh crore as of April 22, 2026, according to data on the NSE. | Image: Shutterstock
This follows its parent company, the Switzerland-based ABB Group, reporting its earnings for the first quarter of the 2026 calendar year (Q1 CY26).
The stock was trading 4.41% higher at ₹7,575 per equity share as of 2:28 PM. It touched a year’s low of ₹4,637.50 on January 21, 2026.
The scrip has surged 11% in the past week and 21% over the month. It has rallied 47% on a year-to-date basis.
The parent company of ABB India, ABB Group, while reporting its results for the first quarter of 2026, said that its India business has grown to become one of its fourth-largest markets.
The Swedish-Swiss MNC also said that it plans to invest approximately $75 million in India to expand its manufacturing and research and development capabilities in all business areas.
“Our expanded facilities will support growth prospects in India as well as enhance our capabilities to serve other markets in the region,” it said in a press release.
The group reported revenue of $8,734 million during the quarter under review, marking an 18% year-on-year (YoY) (and comparable of 11%) surge from $7,382 million in Q1 2025.
Its order intake jumped 32% YoY and 24% comparable growth to $11,298 million in the January-March quarter of 2026, in comparison to $8,589 million in the year-ago period.
“Despite the backdrop of high geopolitical tension, there was no real slowdown in customers’ willingness to receive deliveries. In contrast, short-cycle business remained strong, and the order backlog was executed largely as planned. Strong comparable growth was driven by higher volumes, with added support from a positive price of approximately 1%. Favorable changes in Growth exchange rates contributed 6% to total growth,” ABB Group said in a press release.
Its operational EBITDA (earnings before interest, tax, depreciation, and amortisation) stood at $2,049 million for the reporting quarter, marking a 37% YoY increase from $1,495 million in the March quarter of 2025.
The margin improved by 320 basis points (bps) YoY to 23.5%, out of which 250 basis points were attributable to the net impact of the gains on sale of real estate, and a robust 70 basis points was driven mainly by improved business performance.
“Further, as informed earlier, in accordance with the Code of Conduct for Prevention of Insider Trading and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, the trading window for dealing in the securities of the Company will remain closed for all directors / designated employees of the Company from March 15, 2026 to May 10, 2026 (both days inclusive),” it said in a regulatory filing.
ABB Group stated that for both the second quarter of 2026 and the calendar year, it expects high single-digit to low double-digit growth in comparable revenues, year-on-year. They also expect the operational EBITA margin to improve year-on-year. For CY26, the company projects a positive book-to-bill.
It reported an 18.08% YoY decline in its consolidated net profit to ₹432.85 crore during the quarter under review, compared to the profit of ₹528.41 crore it logged in the December quarter of 2024.
Its revenue from operations advanced 5.71% YoY to ₹3,557.01 crore for the fourth quarter of 2025, as against ₹3,364.93 crore in the year-ago period.
The company recorded the highest fourth quarter orders in the last five years, with total orders at ₹4,096 crore growing 52% due to a strong development in the base business with additional support from the timing of large orders.
ABB India has a total market capitalisation of ₹1.6 lakh crore as of April 22, 2026, according to data on the NSE.
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