A deep dive into Siemens Ltd. (SIEMENS) — examining the financials, valuation picture, and who owns the stock.
Siemens Revenue Trend
In FY2024, Siemens Ltd. posted revenue of ₹23,165 Cr, up 15.5% from ₹20,050 Cr a year earlier.
The 10-year revenue CAGR of 8.1% reflects steady — if not spectacular — top-line expansion from ₹10,663 Cr to ₹23,165 Cr.
In terms of scale, Siemens Ltd.'s ₹23,165 Cr in annual revenue positions it as a major electrical equipment company.
It's been 4 years of continuous revenue growth for Siemens Ltd. — a pattern worth noting.
| Year | Revenue | YoY % |
|---|---|---|
| FY2024 | ₹23,165 Cr | +15.5% |
| FY2023 | ₹20,050 Cr | +21.9% |
| FY2022 | ₹16,446 Cr | +18.6% |
| FY2021 | ₹13,866 Cr | +39.4% |
| FY2020 | ₹9,946 Cr | — |
View Siemens Ltd.'s full 10-year revenue trend with CAGR analysis →
Siemens Profitability
At ₹2,718 Cr, Siemens Ltd.'s FY2024 net profit was 38.5% ahead of FY2023.
Cost discipline paid off, with net profit margin expanding to 11.7% from 9.8%.
On a per-share basis, diluted earnings were ₹76.33 in FY2024 versus ₹55.09 in FY2023.
Is Siemens Undervalued
Using the P/E Ratio methodology, the calculated intrinsic value comes to ₹5,880.
Siemens Ltd. shares are currently trading at ₹3,709.60.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹5,880 | 58.5% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Siemens Ltd. with detailed assumptions →
Siemens Shareholding Pattern
Promoter holding is steady at 75.0% — no buying or selling over the past 4 quarters.
Foreign investors held 6.8% of the company as of March 2026, down year-over-year from 7.7%.
The DII stake stands at 8.6% as of March 2026, versus 7.2% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 75.0% | 6.8% | 8.6% | 9.6% |
| Dec 2025 | 75.0% | 6.8% | 8.4% | 9.8% |
| Sep 2025 | 75.0% | 7.0% | 8.1% | 10.0% |
| Jun 2025 | 75.0% | 7.7% | 7.2% | 10.1% |
Track quarterly shareholding changes for Siemens Ltd. →
Siemens Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2024 total assets: ₹254.08B (up 14.1% YoY from ₹222.65B).
Top categories: Cash & ST Investments (37.7%), Other Assets (22.0%), Receivables (17.4%).
Of the ₹254.08B in liabilities and equity, 60.5% is shareholder equity, 0.0% is interest-bearing debt, and 39.5% is operating liabilities. Notable shift: Equity is up 17.3% YoY (₹130.96B → ₹153.66B).
Balance sheet composition — FY 2024
| Category | Value |
|---|---|
| Cash & ST Investments | 95.68B |
| Receivables | 44.10B |
| Inventories | 26.31B |
| Property, Plant & Equipment | 15.07B |
| Investments | 14.00M |
| Intangibles & Goodwill | 17.09B |
| Other Assets | 55.83B |
| Category | Value |
|---|---|
| Equity | 153.66B |
| Trade Payables | 56.60B |
| Other Liabilities | 43.82B |
Siemens Key Takeaways
Bringing the key threads together for Siemens Ltd. (SIEMENS) as a electrical equipment investment opportunity.
Revenue of ₹23,165 Cr in FY2024, up 15.5% year-over-year.
Long-term revenue has been compounding at 8.1% annually over 10 years.
The company is profitable, with a net margin of 11.7% and net income of ₹2,718 Cr.
The P/E Ratio model implies 58.5% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Siemens Ltd. includes three valuation models, decade-long financials, and insider activity.