Slide 1: Exchange filing cover letter
REF:INABB:STATUT:LODR:2025 February 17, 2025 BSE Limited National Stock Exchange of India Ltd P.J. Towers, Dalal Street Exchange Plaza, 5th floor, Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex, Bandra (E). (Attn : DCS CRD) Mumbai 400 051 Attn: Listing Dept. Dear Sirs, Sub: Regulation 30
Slide 2: Q4 2024 Results
NEW DELHI, INDIA | FEBRUARY 17, 2025 | SANJEEV SHARMA, CMD & TK SRIDHAR, CFO Q4 2024 RESULTS Solid finish with record high revenue and profitability ABB India Analyst Call | Q4 & full-year CY2024 | October – December 2024 © 2025 ABB. All rights reserved.
Slide 3: Important notices
— Important notices This presentation includes forward-looking information and The important factors that could cause such differences include, statements including statements concerning the outlook for our among others: businesses. These statements are based on current • business risks associated w
Slide 4: ABB in India at a glance
— Exporting to ABB in India at a glance 30+countries ABB Group ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while beco
Slide 5: Business highlights
Business highlights
Slide 6: Record year-end revenue and profitability
— Record year-end revenue and profitability 2024 highlights • 21.9% CAGR in orders over last 4 years Orders Backlog Revenue • Double-digit top-line growth 23%1 6%1 22%1 17%1 • Record high profitability achieved 30%1 12%1 13,097 • New all-time high ROCE 12,319 9,380 12,188 8,404 10,447 • Strong cash
Slide 7: Q4 2024 highlights
— Q4 2024 highlights 02. Portfolio • Expansion of Faridabad IEC LV motor manufacturing unit; adoption of solar power and renewable electricity • ABB launched ChloroStar family of analyzers for accurate and stable measurements for effective chlorine control • Secured projects for advanced control & m
Slide 8: Stronger momentum in core segments in Q4, complemented by few emerging segments
— Stronger momentum in core segments in Q4, complemented by few emerging segments Data centers Infrastructure INR crores Market uptake for smart • Distribution solutions for power distribution and engineering and construction energy efficient technology company Orders Revenues • Analyzer shelters fo
Slide 9: Proven capabilities leading to significant wins
— Proven capabilities leading to significant wins ArTuK panels for India’s largest food Modernization and capacity Solar pump drives for solar energy- Automation solutions for service company and a global frozen enhancement solutions for a power based pumps supplying water in electrification for exp
Slide 10: Continuous customer engagement
— Continuous customer engagement Diverse segments, deeper coverage Technology Day for electronics major by Safety Technology exposition by EL, MO Technical Seminar for steel PSU by ELSP & SB & PA ELSP/SB in Asansol Technology Day for cold storage PAMA Product training at customers MoU with NAMTECH t
Slide 11: Diverse businesses catering to 23 market segments
— High Moderate Low Diverse businesses Data Center Water & wastewater Power distribution catering to Electronics Railways & Metro Cement 23 market Renewables Buildings & Metals & Mining segments infrastructure Pulp & Paper Oil, gas & chemicals Marine & Ports Food & beverage Textiles Pharma & healthc
Slide 12: Theme for the quarter: Metals & Mining deep-dive
— Theme for the quarter Metals & Mining: a deep-dive Segment Insights Key Drivers & Trends • Global industry valued at US$1.3 trillion in 2024 • The Mines and Minerals (Development & Regulation) Act 2023 • By 2047, the industry could help India become a USD and the National Mineral Policy, 2019 stre
Slide 13: Sustainability in Practice
— Sustainability in Practice Tracking our green goals: progress during 2024 2024 2024 (plan) (actual) Scope 1&2 GHG 80% 86% Emissions* Water recyclability* 45% 45% Water positive unit 4 3 (No.)* Zero Waste to 2 3 Landfill unit (No.)* Supplier engagement 25% 40% (awareness/assessment) * Compared to 2
Slide 14: Performance with Purpose
— Performance with Purpose Focus on local development, education, diversity & inclusion and healthcare for communities Phase-2 Nelamangala rural road Skill Development Initiative across Special school to mainstream children Medical support for hospital infrastructure upgradation project communities
Slide 15: India Union Budget 2025: Relevant highlights for ABB
— India Union Budget 2025: Relevant highlights for ABB Consumption, innovation and sustainability are the key focus areas Infrastructure & Investment Manufacturing Green Energy Research & Innovation • Capex outlay at +10.1% YoY • Impetus to MSMEs in the • Clean Tech Manufacturing Mission • National
Slide 16: Factors to watch out for in 2025
— Factors to watch out for in 2025 Consumption: Improving rural demand Domestic economic strain: slightly easing and measures announced in budget to inflation, monetary easing is underway boost domestic consumption and likely to continue; climate risks Investments: As back-end fiscal spending Global
Slide 17: Financial highlights
Financial highlights
Slide 18: Performance Summary Q4 2024 & FY 2024
— Performance Summary Q4 2024 & FY 2024 Values in INR Crores Actual Actual Actual vs Q4 vs Q3 vs FY FY 23 Q4 23 Q3 24 Performance Indicator Q4 24 23 24 FY 24 23 PBT Bridge 10,999 2,547 2,719 Base Orders Received 2,654 11,497 +16.5% (-0.8) (+)1.0 (+)0.8 (-0.3) +21.0% (+)3.8 1,320 600 623 Large Orders
Slide 19: Record-high profitability achieved during the quarter
— Record-high profitability achieved during the quarter Figures in INR Crores EBITDA Earnings per share (INR) 30.00 25% 657 25.1 Growth catalysts: 700 565 542 540 600 21.7 20.9 20.8 25.0 0 20% 439 417 500 17.1 16.0 20 .00 364 20% 14.4 14.0 15% 285 349 400 11.6 15.00 • Diversified revenue 15% 15% 10%
Slide 20: Return on Capital Employed reaching best in class level
— Return on Capital Employed reaching best in class level +314% ROCE (26.5%, +560 bps YoY) 26.5% • More than doubled since pre-COVID levels 20.8% • Strong, consistent ROCE performance across the years • Improvement driven by favourable business mix 6.4% and operational efficiencies 2020 2022 2024 ©
Slide 21: Evolving order backlog
— Evolving order backlog Base orders maintain pace of execution, large orders align with project scope Orders Received (for the quarter) INR crores 373 545 623 158 562 605 41 Key Takeaways • Order backlog continues to have a majority share of base orders with a 3,125 2,886 2,442 2,542 3,234 2,890 2,
Slide 22: Demand vs Supply Q4 FY24
— Demand vs Supply Q4 FY24 Orders for ABB in India is -14% while for ABB Group it is -21% in Q4 FY24 Fig in MUSD @ 1 $ = 83.02 INR Orders originating from India (as seen by Group) Orders as reported by local entity (ABB India Ltd) Q4/24 Q4/23 Change Q4/24 Q4/23 Change % % 3rd Party ABB India ABB Ind
Slide 23: Financial statement overview
— INR Crores Financial statement overview Quarter ended Quarter ended Quarter ended on Year ended Year ended Q4 2024 vs Q4 2023 31.12.2024 30.9.2024 31.12.2023 31.12.2024 31.12.2023 Crs % Crs % Crs % Crs % Crs % Interest and Other income: Interest income: Increase in fixed deposits. INCOME ` ` Other
Slide 24: Electrification
— Electrification INR crores (-1%) (+33%) Orders Received 1,791 1,766 1,503 • Traction in buildings, renewables, power 1,432 1,296 distribution segments 1,130 1,121 1,154 1,037 1,024 • Q3/24 included large order data centre Orders order Revenues Received Revenues Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/23
Slide 25: Motion
— Motion INR crores (-30%) (+22%) Orders Received 1,400 1,329 1,013 1,076 1,079 1,119 • Base orders take precedence as 1,181 1,048 915 compared to previous quarters from 975 transportation segment Orders • Q4/23 had a large traction equipment Revenues order Received Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/
Slide 26: Process Automation
— Process Automation INR crores (-18%) (Flat) Orders Received 726 631 633 628 • Orders for rectifiers from metals majors 695 596 541 573 • High-value orders from energy industry 533 499 in Q4/23 Orders Revenues Received Revenues • Flat revenues Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 Q4/23 Q1/24 Q2/24 Q3/24 Q
Slide 27: Robotics and Discrete Automation
— Robotics and Discrete Automation INR crores (+161%) (30%) Orders Received • Strong inflows electronics; robust 152 157 149 140 opportunity pipeline 108 109 111 84 75 57 Revenues Orders Revenues • Higher revenues from execution of Received major orders from automotive and Q4/23 Q1/24 Q2/24 Q3/24 Q4
Slide 28: Resilient and diversified business model (by revenues)
— Resilient and diversified business model (by revenues) Business Areas Offerings 4% 4% 4% 4% 13% 13% 13% 14% 23% 19% 21% 21% 11% 12% 11% 12% 33% 35% RA 33% 36% Projects PA 76% 75% 76% 74% Services MO 44% Products 40% 39% 40% EL Q4/23 Q4/24 2023 2024 Q4/23 Q4/24 2023 2024 Channels Geography 11% 10%
Slide 29: Slide February
Slide 28 17, 2025 February