ABB India appoints CFO before ABB India stock results

Published on 10/20/2026 at 01:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose 21.0 percent year over year to INR 3,559 crore. An INR 11,898 crore backlog sets the context for ABB India stock.

Capital spending and reporting date

ABB India approved a new CFO on October 6, 2026, effective January 1, 2027.
Q2 CY2026 revenue rose 21.0 percent year over year to INR 3,559 crore.
The next board review of third-quarter results is scheduled for November 13, 2026.

ABB India, INE117A01022, Illustration mit AI erstellt.

ABB India (ISIN INE117A01022) appointed Suneel Kumar Munaga as chief financial officer effective January 1, 2027, after board approval on October 6, 2026, according to StockFin. The next board review of unaudited third-quarter results is scheduled for November 13, 2026.

Leadership change meets expansion plans

The CFO transition comes as ABB India expands its manufacturing footprint and develops equipment for industrial electrification. The company operates across Motion, Robotics and Discrete Automation, Electrification, and Process Automation, with products ranging from motors and drives to power distribution and control systems.

ABB India also plans to expand and modernize its low-voltage motors facility with an investment of more than INR 140 crore, according to The Economic Times on October 11, 2026. The project accompanies the launch of IE5 motors rated from 45 kilowatts to 1,000 kilowatts.

What does the backlog mean?

The latest operating figures point to demand, while margins remain the key test. In Q2 CY2026, revenue rose 21.0 percent year over year to INR 3,559 crore, EBITDA increased 11.4 percent to INR 447 crore, and the EBITDA margin fell 108 basis points to 12.6 percent, according to DSIJ.

Order inflow reached INR 4,363 crore in Q2 CY2026, up 49.6 percent year over year, while the backlog rose to INR 11,898 crore, up 22.2 percent. Electrification led segment growth with revenue of INR 1,804 crore, up 30.9 percent year over year, although its EBIT margin declined to 14.8 percent from 16.1 percent.

Dates and valuation markers

The November 13, 2026 board meeting is the next dated reporting event identified for ABB India. ICICI Direct Research maintained a Buy view on August 3, 2026, and set a target of INR 8,835, while its report cited higher commodity, freight, energy, and foreign-exchange costs as margin risks.

Stock context in India

ABB India last traded at INR 6,974.00 on the NSE on October 19, 2026 at 3:29 p.m. IST. The same market snapshot put the 52-week range at INR 4,637.50-7,924.50 and market capitalization at INR 1.5 trillion. The combination of a new finance chief, expanding capacity, and a large order backlog gives the November reporting date added importance.