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Siemens Limited (500550) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹459B

SL Siemens Limited 500550 · BSE
Price₹3,759
Fair Value₹933.40
Upside-75.2%
Quality52/100
Expensive Growth
Thin margins · 7.0% net margin
0.51% dividend yield
Narrow moat 33/100
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Evidence: High Range ₹653.38 – ₹1,213 Share as image

Fair value as of: Aug 2, 2026

From 17 valuation models · updated today

Share price +6.1% over the past month.

A solid business, but the price sits 75% above our fair value.

What matters now

  • The price sits above even our optimistic bull case (₹1,213). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹653.38 to ₹1,213) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹4,126 ₹885.93 Fair Value ₹933.40 Mar 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹885.93 – ₹4,126 · fair‑value band ₹653.38 – ₹1,213 · the ₹3,759 price screens above the ₹933.40 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Siemens Limited (500550) currently trades at ₹3,759, while our model-based Fair Value estimate is ₹933.40, implying the stock looks roughly 75.2% overvalued today. We read business quality at 52/100 (solid quality), in the Industrial Goods sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Siemens Limited generated revenue of ₹110B at a net margin of 7.0%. Revenue declined 58.5% year over year. The stock trades on a trailing P/E of 63.0. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹653.38 (bear case) to ₹1,213 (bull case); at ₹3,759, the current price sits above that range. The share trades about 4% below its 52-week high and 34% above its 52-week low. For context, the median of 10 Industrial Goods peers we cover trades at -27% fair-value upside, at -75%, 500550 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ₹424.50 ₹516.26 ₹977.37 76
Gordon GGM ₹803.73 ₹1,755 ₹2,952 70
Growth-Adj P/E ₹634.08 ₹905.82 ₹1,178 68
All 17 models by family
DCF Models
Owner Earnings ₹718.86 ₹1,199 ₹2,003 31
Earnings-Based
Graham-Dodd ₹401.79 ₹1,454 ₹1,960 54
Lynch FV ₹344.54 ₹492.19 ₹639.85 50
PEG = 1.0 ₹344.54 ₹492.19 ₹639.85 46
EPV ₹337.98 ₹395.79 ₹447.18 59
Dividend Discount
Gordon GGM ₹803.73 ₹1,755 ₹2,952 70
DDM Multi-Stage ₹803.73 ₹1,437 ₹1,829 61
Multiples
P/E Multiple ₹886.30 ₹1,182 ₹1,477 63
P/S Multiple ₹753.36 ₹1,004 ₹1,256 58
P/B Multiple ₹753.36 ₹1,004 ₹1,256 55
EV/EBIT ₹664.93 ₹883.12 ₹1,101 53
EV/EBITDA ₹563.87 ₹748.38 ₹932.88 54
EV/Revenue ₹451.59 ₹640.69 ₹829.79 43
Asset-Based
NCAV (Graham) ₹215.61 ₹288.92 ₹431.22 50
Economic Profit
Residual Income ₹424.50 ₹516.26 ₹977.37 76
ROIC Compounder ₹337.98 ₹395.79 ₹471.12 67
Growth Earnings
Growth-Adj P/E ₹634.08 ₹905.82 ₹1,178 68

Widest divergence: Dividend Discount (₹1,437) versus Asset-Based (₹288.92). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹110B
Revenue growth (YoY) -58.5%
Net margin 7.0%
P/E ratio 63.0
Operating margin 5.1%
EPS (TTM) ₹21.71
More key figures
Dividend yield 0.5%

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 47 · Market factors (momentum, volatility) 66

Profitability 50
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Siemens Limited manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, electric signaling, safety or traffic-control equipment, and general purpose machinery in India and internationally.

Full company description

Siemens Limited manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, electric signaling, safety or traffic-control equipment, and general purpose machinery in India and internationally. The company's Gas and Power segment provides integrated products, solutions, and services for oil and gas production, power generation, and transmission for utilities; independent power producers; and engineering, procurement, and construction companies. Its Smart Infrastructure segment supplies products, systems, solutions, and services for transmission and distribution of electrical energy for power utilities, industrial companies, and infrastructure segments. This segment offers systems for low and medium voltage distribution; solutions for smart grids and energy automation; and low voltage power supply systems, as well as intelligent and connected infrastructure for grids and buildings. The company's Mobility segment provides solutions for passenger and freight transportation, including rail vehicles, rail automation systems, rail electrification systems, road traffic technology, and IT solutions. Its Portfolio Companies segment provides products, process solutions, and services across life cycles for wind and industry sectors. The company's Digital Industries segment offers automation, drives, and software technologies covering the complete life cycle from product design and production execution to services for discrete and process industries. The company also engages in the lease rental business. It has a strategic partnership with Salesforce to develop a new workplace technology suite. The company was formerly known as Siemens India Limited and changed its name to Siemens Limited in March 1987. Siemens Limited was founded in 1867 and is based in Mumbai, India. Siemens Limited is a subsidiary of Siemens Aktiengesellschaft.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Siemens Limited reported revenue of ₹174B in FY2025 versus ₹132B in FY2021, a compound +7.1%/yr. Reported net income was ₹21.0B in FY2025, compounding +17.9%/yr from FY2021.

Growth Quality 47/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹174B
Latest YoY
−21.9%
Avg. growth/yr (3Y)
+2.5%
Avg. growth/yr (5Y)
+11.8%
Avg. growth/yr (11Y)
+5.1%
Revenue +7.1%/yr
FY21 ₹132B
FY22 ₹161B
FY23 ₹196B
FY24 ₹222B
FY25 ₹174B
Net income +17.9%/yr
FY21 ₹10.9B
FY22 ₹15.4B
FY23 ₹19.6B
FY24 ₹27.2B
FY25 ₹21.0B

500550 sits 75% above fair value. Compare with Thermax Limited →

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Cite: Fair Value Calculator (2026). "Siemens Limited Fair Value". https://www.fairvalue-calculator.com/stock/500550

Peer Group

Industrials · 5663 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Diversified Machinery” was too small, so the broader sector is used.)

Quality Score 52 · Above median
Fair Value upside −75% · Bottom 25%
Return on assets 4% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth -59% · Bottom 25%
Dividend yield (TTM) 0.5% · Below median

Valuation Multiples vs Industrials median · lower = cheaper

P/E (TTM) 63.0× · Pricier than 75% of peers
P/B 2.99× · Pricier than median
P/S (TTM) 4.17× · Pricier than 75% of peers
EV/EBITDA 57.0× · Pricier than 75% of peers

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Diversified Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Thermax Limited 500411 ₹4,325 ₹679.90 -84%
Yuken India Limited 522108 ₹783.95 ₹381.13 -51%
Disa India Limited 500068 ₹12,340 ₹6,268 -49%
Axtel Industries Limited 523850 ₹450.45 ₹327.90 -27%
Singer India Limited 505729 ₹69.75 ₹40.38 -42%
Transformers and Rectifiers (India) Limited 532928 ₹296.70 ₹318.52 +7%
Shilchar Technologies Limited 531201 ₹4,408 ₹6,447 +46%
Rajoo Engineers Limited 522257 ₹52.48 ₹8.21 -84%
T & I Global Limited 522294 ₹167.15 ₹233.60 +40%
Rexnord Electronics and Controls Limited 531888 ₹83.95 ₹92.54 +10%

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Frequently asked questions

Is Siemens Limited (500550) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹933.40 versus a price of ₹3,759, about −75% (overvalued).
What is the fair value of 500550?
Our model-based fair value for Siemens Limited is ₹933.40 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹3,759.
What is the quality score of 500550?
Siemens Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Siemens Limited (500550)?
Siemens Limited reported trailing-twelve-month revenue of about ₹110B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of 500550?
The net profit margin of Siemens Limited is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does Siemens Limited pay a dividend?
Siemens Limited currently shows a dividend yield of about 0.51% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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