Siemens Q2 Review - Structural Growth Story Intact: Dolat Capital

The Siemens AG headquarters in Munich, Germany. (Photographer Andreas Gebert/Bloomberg).

Siemens Q2 Review - Structural Growth Story Intact: Dolat Capital

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Dolat Capital Report

Siemens Ltd. reported a strong set of numbers.

Revenue increased by 18.2% YoY to Rs 33.5 billion while Ebitda was up by 85.9% YoY at Rs 4.4 billion with margin expansion of 479 basis points YoY to 13.2%.

Adjusted profit after tax grew by 79.7% to Rs 3.2 billion.

The company is expected to benefit from automation capex by industries.

The company has a strong business model backed by structural tailwinds and product offerings in digital and automation solutions along with core infra products.

Besides, there is also scope for margin expansion from the short cycle demand that would help sustain recovery.

Click on the attachment to read the full report:

Dolat Capital Siemens Q2FY21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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