Siemens Energy India Approves ₹2,060 Cr Power Transformer Factory Expansion
Siemens Energy India approved ₹2,060 crore investment for a new power transformer factory, adding 30,000 MVA capacity between FY2030-FY2032. Q1 FY26 revenue rose 26% to ₹1,911 crore, and profit after tax increased 34.9% to ₹313 crore. The order backlog grew 37.6% to ₹17,599 crore.
The approval of a significant capital expenditure (₹2,060 crore) for capacity expansion, coupled with strong financial results, is expected to have a material positive impact on the company's future growth and market position.
The company reported strong financial results with significant year-on-year growth in revenue and profit, alongside a substantial capital expenditure approval for future capacity expansion, indicating positive future prospects.
Siemens Energy India Limited announced on February 13, 2026, that its Board of Directors has approved an investment of approximately ₹2,060 crore towards establishing a new power transformer factory. This expansion aims to add a capacity of approximately 30,000 MVA and is tentatively scheduled to be operational between FY 2030 and FY 2032. The investment will be financed through internal accruals, driven by the increasing domestic and global demand for large power transformers due to the energy transition and electrification trends.
In addition to the capacity expansion, the company also reported its unaudited financial results for the first quarter ended December 31, 2025. Revenue from operations for the quarter stood at ₹19,109 million (₹1,911 crore), marking a 26% increase compared to ₹15,169 million (₹1,517 crore) in the corresponding quarter of the previous year. Profit after tax for the quarter was ₹3,129 million (₹313 crore), a significant rise of 34.9% from ₹2,317 million (₹232 crore) in Q1 FY25. The order backlog also saw a robust increase of 37.6% to ₹17,599 crore.
The company's Managing Director and CEO, Guilherme Mendonca, stated that the results reflect a strong energy market and attractive growth opportunities. He emphasized the company's commitment to the 'Make in India' strategy and strengthening the local supply chain with this expansion. The financial results were reviewed by Price Waterhouse Chartered Accountants LLP. The company also noted an exceptional item of ₹519 million related to the implementation of new Labour Codes.
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Siemens Energy India Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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