Siemens Energy debuts at Rs 2,840; Market capitalization jumps to more than Rs 1 lakh crore

 

Siemens Energy debuts at Rs 2,840; Market capitalization jumps to more than Rs 1 lakh crore

Siemens Share Price: The shares of Siemens Energy India Ltd (SEIL) opened a special session of the scrip at Rs 2,840 on Thursday

Siemens Energy Share Price: Siemens Energy India Ltd (SEIL) shares opened special at Rs 2,840 on Thursday, June 19, 2025, and the listed company got a market cap of Rs 1.01 lakh crore. Demerger of the company with Siemens Ltd was made on April 7, 2025, and prior to it, the company was valued at Rs 2,368.8 per share.

Siemens Ltd had confirmed in a regulatory filing on June 18 that SEIL had the clearances of both the BSE as well as the NSE to be listed and trade its equity shares since June 19. The stock will be traded under the scrip ID ENRIN under the group labeled T which prevents intraday trading and also where the price moves within a 5 percent circuit on the first 10 sessions.

SEIL has become the biggest listed pure-play power transmission and distribution (T&D) company in India surpassing other competitors like Hitachi Energy and GE Vernova. In a demerger process, Siemens Ltd shareholders were issued SEIL shares with 1 to 1 ratio.

SEIL targets the transmission and distribution sub sector and small turbines and has been in a good position to leverage on the development of the energy sector in India. Margins recorded an improvement even in the initial 5 months in FY25, according to Motilal Oswal Financial Services. The brokerage anticipates a 25% revenue CAGR and 31% PAT CAGR between FY25 and FY27, whereas the EBITDA margins would increase to 21.4% in FY27. It has called an FY27 multiple of 60x, buying it 1,000 at 3,000 and resumed the coverage with a Buy rating.

HDFC Securities followed suit, pointing to the fact that SEIL has a good spot in decarbonization, power generation, automation of the grid, and clean energy solutions, including green hydrogen and battery storage. It added that Siemens energy has been consistent in providing good margins with a 22.6 EBITDA in H1FY25. HDFC has also recommended a buy call with target of Rs 3,000, on 60x Sep-27 estimated earnings.

Earlier, Jefferies had estimated a listing price of between Rs 2,995 to Rs 3,711, stating that SEIL had the potential of trading in the range of a 60x P/E on March 2027E EPS, slightly higher than the non-energy companies at Siemens Ltd. At its base case, its target price is Rs 3,350.

Nonetheless, brokerages warned of possible threats such as a decline in order inflows, supply chain issues, a rise in fixed expenses, and potential weakness in the capex cycle that would wipe out profits.