Loading…
Indian listed T&D infrastructure arm of France's Schneider Electric, making switchgear and transformers for power utilities.
Indian listed T&D infrastructure arm of France's Schneider Electric, making switchgear and transformers for power utilities.
Wins orders mostly by tender from state utilities and industrial firms, then delivers over several months and bills in stages, so its order book guides future revenue. Utilities' capital budgets decide the pace.
Moat: narrow (brand, process know-how). Access to Schneider's global T&D technology, but Siemens, ABB and CG Power compete for the same utility tenders.
Headquarters: Noida, India · Employees: 2,255
Size Schneider Electric Infrastructure (SCHNEIDER.NS) is an India Industrials company (Electrical Products) with a market value of $2.69B, the 311th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,063 on 6 Nov 2026.
Performance Over six months the shares fell 20.8%, against -28.2% for the median peer and 0.0% for the India market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 9.6% over the last twelve months (peer median +19.4%); the operating margin is 10.3% (peer median 9.8%).
Valuation It trades at 76.0× forward earnings against a peer median of 19.4× (3rd most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 56% a year for seven years (Req g). Recent delivered growth is +17%, so the hurdle is +39 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 13.7 points above its cost of capital (15.5% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹29.2B | ₹28.8B | ₹26.3B | ₹22.0B | ₹17.7B |
| Revenue growth | — | +10% | +20% | +24% | — |
| Gross profit | ₹6.76B | ₹6.69B | ₹6.53B | ₹4.90B | ₹2.93B |
| EBITDA | ₹3.36B | ₹3.73B | ₹3.88B | ₹2.97B | ₹1.73B |
| Net income | ₹1.84B | ₹2.13B | ₹2.68B | ₹1.72B | ₹1.24B |
| Free cash flow | n/a | ₹1.02B | ₹2.17B | ₹989M | ₹128M |
| Capital expenditure | n/a | ₹1.04B | ₹631M | ₹580M | ₹377M |
| Total debt | n/a | ₹5.48B | ₹5.22B | ₹4.91B | ₹5.34B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Schneider Electric Infrastructure SCHNEIDER.NS | $2.69B | -21% | +10% | 10% | 76.0× | 56.2% |
| Siemens SIEMENS.NS | $13.4B | -8% | -12% | 9% | 72.7× | n/a |
| ABB India ABB.NS | $15.2B | -6% | +8% | 13% | 85.7× | 47.3% |
| CG Power & Industrial Solutions CGPOWER.NS | $12.9B | -10% | +24% | 12% | 72.3× | n/a |
| Hitachi Energy India POWERINDIA.NS | $13.1B | -20% | +40% | 15% | 79.8× | 50.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SCHNEIDER.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.3% | -8.2% | 7th lowest of 21 |
| 6-month return | -20.8% | -28.2% | 8th highest of 21 |
| Distance from 52-week high | -31.3% | -49.2% | 3rd highest of 21 |
| Revenue growth (TTM) | +9.6% | +19.4% | 6th lowest of 21 |
| Operating margin | 10.3% | 9.8% | 9th highest of 21 |
| Forward P/E | 76.0× | 19.4× | 3rd most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 56.2% | 13.8% | 2nd most demanding of 10 |
| Growth delivered (Del g) | +17.4% | +10.7% | 3rd highest of 10 |
| Hurdle (Req g minus delivered) | +38.8 pp | -5.6 pp | 2nd most demanding of 10 |
| ROIC minus cost of capital | +13.7 pp | -1.4 pp | 4th highest of 21 |
| EV / EBITDA | 75.8× | 14.4× | most expensive of 6 |
| Net debt / EBITDA | 0.6× | -0.2× | 3rd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Schneider Electric Infrastructure SCHNEIDER.NS | India | $2.69B | -21% | +10% | 10% | 76.0× | 56.2% | +17.4% |
| Weihai Guangwei Composites 300699.SZ | China | $2.68B | -35% | +12% | 16% | 45.8× | 13.8% | +6.2% |
| Daming Electronics 603376.SS | China | $2.71B | -22% | +110% | 9% | n/a | n/a | n/a |
| GS Yuasa 6674.T | Japan | $2.67B | -33% | +6% | 10% | 9.9× | n/a | n/a |
| Huaming Power Equipment 002270.SZ | China | $2.66B | -19% | +7% | 32% | 22.3× | 5.9% | +12.3% |
| Baoding Tianwei Baobian Electric 600550.SS | China | $2.65B | -36% | +13% | 4% | n/a | 45.5% | +7.1% |
| Zhongshan Broad-Ocean Motor 002249.SZ | China | $2.73B | -21% | +1% | 6% | n/a | 7.7% | +9.5% |
| Qingdao Hanhe Cable 002498.SZ | China | $2.74B | -37% | +21% | 3% | 18.3× | n/a | n/a |
| Luster LightTech 688400.SS | China | $2.63B | -37% | +10% | 0% | 28.1× | 56.8% | +10.7% |
| Fortior Technology (Shenzhen) 1304.HK | Hong Kong | $2.76B | -15% | +54% | 25% | 31.8× | n/a | n/a |
| Sanil Electric 062040.KS | South Korea | $2.62B | -56% | +29% | 36% | 17.1× | 15.1% | +50.8% |
| Tianneng Battery 688819.SS | China | $2.79B | -37% | +2% | 0% | 10.9× | -7.9% | +5.4% |
| Shijiazhuang Shangtai Technology 001301.SZ | China | $2.80B | -16% | +34% | 13% | 16.6× | n/a | n/a |
| Shenzhen Senior Technology Material 300568.SZ | China | $2.80B | -23% | +45% | 10% | 27.4× | n/a | n/a |
| Ming Yang Smart Energy 601615.SS | China | $2.80B | -47% | +8% | -4% | 19.4× | n/a | n/a |
| Mabuchi Motor 6592.T | Japan | $2.84B | +18% | +12% | 12% | 17.9× | 5.8% | +11.5% |
| Time Interconnect Technology 1729.HK | Hong Kong | $2.84B | -57% | +84% | 7% | 10.8× | n/a | n/a |
| Zhuhai CosMX Battery 688772.SS | China | $2.88B | +2% | +18% | -2% | 144.1× | n/a | n/a |
| HBL Engineering HBLENGINE.NS | India | $2.46B | -1% | +63% | 31% | n/a | 22.6% | +29.4% |
| Tongding Interconnection Information 002491.SZ | China | $2.44B | -15% | +50% | 11% | n/a | n/a | n/a |
| TDG 600330.SS | China | $2.96B | -43% | +21% | -19% | 320.4× | n/a | n/a |