This article first appeared on GuruFocus .
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Quarterly Revenue:Exceeded INR 1,000 crores for the first time.
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Order Backlog:Grew by more than 50%, reaching INR 1,700 crores.
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9-Month Order Booking:Increased by 37% to INR 2,657 crores.
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Quarterly Order Booking:Grew by 60% to INR 909 crores.
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9-Month Sales Growth:12.3%, totaling INR 2,300 crores.
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Quarterly Sales Growth:Over 20% year-over-year.
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9-Month Profitability:INR 281 crores, an 8.2% year-over-year growth before exceptional expenses.
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Quarterly Profitability:INR 155 crores, close to 20% year-over-year growth before exceptional expenses.
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Exceptional Item:INR 25 crores impact due to labor code change affecting gratuity.
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Release Date: February 13, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript .
Positive Points
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Schneider Electric Infrastructure Ltd ( BOM:534139 ) reported a record quarterly revenue, surpassing INR 1,000 crores for the first time.
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The company has a strong order backlog of INR 1,700 crores, reflecting a growth of over 50% year-over-year.
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Significant wins in emerging segments such as data centers, renewables, and semiconductors, including a major order from a leading semiconductor manufacturer.
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The company is leveraging government initiatives like the RDSS scheme and infrastructure investments to boost demand.
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Schneider Electric Infrastructure Ltd ( BOM:534139 ) is actively involved in CSR activities, including skill development centers and community electrification projects.
Negative Points
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There was a contraction in gross margins this quarter due to changes in the sales mix.
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The company faces potential risks from commodity cost inflation, which could impact future margins.
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Exceptional expenses related to gratuity impacts due to labor code changes affected profitability.
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The geopolitical situation and volatile raw material prices pose challenges to maintaining profitable growth.
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The company has not provided specific guidance on dividend distribution, which may concern some investors.
Q & A Highlights
Q: How does the order pipeline look going forward, given the impressive order booking this quarter? A: Udai Singh, CEO, stated that the company currently has an order book of INR1,700 crores, which has grown over 50% year-over-year. The company expects to maintain a healthy order intake due to government schemes boosting demand.
Q: Can you provide more details about the GMSeT product and its applications? A: Udai Singh, CEO, explained that GMSeT is a modular and digital switchgear, applicable not only to data centers but also for distributing power at 33 kV in a compact and digitalized manner. It is embedded with state-of-the-art sensors providing comprehensive asset health insights.
Q: What factors led to the contraction in gross margins this quarter, and what is the outlook for margins? A: Omkar Prasad, CFO, attributed the margin contraction to a change in the sales mix across different segments. The impact of commodity cost inflation was minimal this quarter, but the company anticipates potential future impacts and hedges some key components.
Q: What is the current percentage of exports, and will free trade agreements like the EU FTA benefit the company? A: Omkar Prasad, CFO, noted that exports account for about 11% to 12% of the business. While the EU FTA is a positive development, the company is still assessing its potential impact on business.
Q: What are the challenges or concerns that the company faces currently? A: Udai Singh, CEO, highlighted the focus on profitable growth by selecting strategic contracts and mitigating raw material volatility. The company aims to execute contracts profitably amidst geopolitical and raw material challenges.
For the complete transcript of the earnings call, please refer to the full earnings call transcript .
