Results analysis · Electricals and automation
Looking for the ABB India Q3 results CY2026? ABB India reported on 13 November 2026: revenue of Rs 3,738 crore, up 19%, and total profit of Rs 442.5 crore, up 8%. This page separates continuing from total profit, the three segments, the restated year-ago base and the Robotics gain in the nine-month figures.
Quick answer
ABB India Q3 results CY2026: total profit was Rs 442.5 crore, up 8.2%, on revenue of Rs 3,738 crore, up 19.4%. Profit from continuing operations rose 10.5% to Rs 439.8 crore, so profit grew at about half the pace of revenue as material costs rose 29% (Free Press Journal, Multibagg).
Latest update (Friday, 13 November 2026, 8:15 PM IST): ABB India reported its quarter to 30 September 2026 (Q3 of its calendar-year CY2026) on Friday, 13 November 2026, after the NSE close; Investywise, Multibagg and Free Press Journal published between 5:52 and 6:04 PM IST. I did not find orders, backlog, a dividend or a share price after the results, and I have not opened the exchange filing.
Key takeaways
- Headline: revenue from continuing operations Rs 3,738.13 crore, up 19.4% from Rs 3,130.11 crore; total profit Rs 442.52 crore, up 8.2% from Rs 409.04 crore (Free Press Journal, Multibagg, Investywise).
- Continuing profit: profit after tax from continuing operations was Rs 439.82 crore, up 10.5% from Rs 398.05 crore; discontinued operations added Rs 2.70 crore.
- Margin squeeze: raw materials, components and project items rose 29% to Rs 2,089 crore against revenue up 19.4%, and continuing PAT margin slipped from 12.7% to 11.8% (my calculation).
- Segments: Electrification revenue +40% to Rs 1,926.8 crore; Motion +14%; Automation -16% with result down 32% (Multibagg).
- Nine months: total profit Rs 2,588 crore includes a Rs 1,437 crore after-tax Robotics gain; continuing PAT was Rs 1,151.8 crore, down 3.8%.
- Conflicts: the year-ago base is Rs 3,311 crore in my preview and Rs 3,130 crore in the filing, and profit appears as Rs 442.5 crore (total) and Rs 439.8 crore (continuing). Filing not opened.
In plain words: ABB India sells electrical equipment, motors and drives, and factory automation. Sales rose strongly because switchgear and electrification demand jumped 40%, but costs rose even faster, so profit grew only about half as fast as sales. The big nine-month profit figure is mostly a one-off gain from selling its Robotics business.
Data note: Figures are as of 13 November 2026, 8:15 PM IST and are consolidated unless stated, for the quarter to 30 September 2026, which ABB India (December year-end) calls Q3 CY2026 (per my preview) and Investywise labels Q3 FY27. Headline lines come from Free Press Journal and Investywise; segment and year-ago lines from Multibagg (an automated summary, with an AI disclaimer). Q2 CY2026 and year-ago base figures are from my ABB India preview. Derived numbers are my calculation. Where sources differ I show both.
In this post
- What did ABB India report?
- Why do the sources differ?
- Why did profit grow slower than revenue?
- What did the segments show?
- How did Q3 compare with Q2 and nine months?
- Was the preview base right?
- When and how was it reported?
- What the reports do not show
- What does the arithmetic show?
- How to read the next results
- How to read the filing
- What most people miss
- FAQs
- Sources
What did ABB India report in the ABB India Q3 results CY2026?
ABB India reported revenue from continuing operations of Rs 3,738.13 crore for the quarter to 30 September 2026, up 19.4%, and total profit of Rs 442.52 crore, up 8.2% from Rs 409.04 crore. Profit from continuing operations was Rs 439.82 crore, up 10.5%.
The results came on Friday, 13 November 2026, after the NSE’s regular 3:30 PM close, so the first trading reaction falls on Monday, 16 November, the day of the analyst call listed in my preview (my reading of the timing). The company uses a December year-end, so this is its third quarter of calendar year 2026; Investywise calls it Q3 FY27 and CompoundingAI, in my preview, called it Q2 FY27, as explained below.
| ABB India Q3 CY2026 (consolidated) | Q3 CY2026 | Q3 CY2025 | Change |
|---|---|---|---|
| Revenue from continuing operations | Rs 3,738.13 crore | Rs 3,130.11 crore (restated) | +19.4% |
| Total income | Rs 3,816.48 crore | Rs 3,214.06 crore | +18.7% |
| Total expenses | Rs 3,235.84 crore | Rs 2,686.42 crore | +20.4% |
| Profit before tax, continuing | Rs 580.64 crore | Rs 527.64 crore | +10.0% (my calculation) |
| Profit after tax, continuing | Rs 439.82 crore | Rs 398.05 crore | +10.5% |
| Total profit (with discontinued) | Rs 442.52 crore | Rs 409.04 crore | +8.2% |
Cite this table: ABB India Q3 CY2026 per Multibagg, Investywise and Free Press Journal; lines marked my calculation were calculated by PositionalCalls.
These tie where I can test them. Total income less total expenses is Rs 580.64 crore, equal to the reported profit before tax, and continuing profit of Rs 439.82 crore plus Rs 2.70 crore from discontinued operations is Rs 442.52 crore (my calculation). The tax charge was Rs 140.82 crore, a 24.3% rate against 24.6% a year ago (my calculation).
Why do the sources show different numbers for the ABB India Q3 results CY2026?
Profit appears as Rs 442.5 crore (total, including discontinued operations) and Rs 439.8 crore (continuing); EPS as Rs 20.89 (total) and Rs 20.76 (continuing); and the quarter label differs by source. The year-ago revenue is also Rs 3,311 crore in my preview and Rs 3,130 crore in the filing data.
| Item | Figure A | Figure B | My reading |
|---|---|---|---|
| Profit | Rs 442.52 crore, total (Free Press Journal, Investywise) | Rs 439.82 crore, continuing (Multibagg, Free Press Journal) | Gap is Rs 2.70 crore of discontinued operations |
| EPS | Rs 20.89 basic and diluted (Free Press Journal) | Rs 20.76 continuing (Multibagg) | 442.52 and 439.82 over about 21.19 crore shares tie to both (my calculation) |
| Year-ago revenue | Rs 3,311 crore (my preview) | Rs 3,130.11 crore (Multibagg) | The second is likely restated for the Robotics sale; unconfirmed |
| Year-ago profit | Rs 409 crore labelled continuing (my preview) | Rs 398.05 crore continuing; Rs 409.04 crore total (Multibagg) | The preview’s Rs 409 crore was the total-profit line |
| Quarter label | Q3 CY2026 (company, December year-end) | Q3 FY27 (Investywise); Q2 FY27 (CompoundingAI, in my preview) | Same quarter to 30 September 2026 |
| Segment revenue | Rs 3,767.55 crore, sum of segments | Rs 3,738.13 crore reported | Gap of Rs 29.4 crore; Multibagg cites Rs 34.45 crore of eliminations, so about Rs 5 crore is unexplained |
Cite this table: ABB India Q3 CY2026 conflicts across sources, PositionalCalls, as of 13 November 2026, 8:15 PM IST.
The practical rule is to compare continuing with continuing and total with total. Continuing profit grew 10.5%, total profit 8.2%, and the difference is the fall in discontinued profit from Rs 10.99 crore to Rs 2.70 crore (my calculation).
Why did ABB India profit grow slower than revenue in the ABB India Q3 results CY2026?
Revenue rose 19.4% but raw materials, components and project items rose 29.0% to Rs 2,089 crore, so they took 55.9% of revenue against 51.8%. Other costs rose only 7.5%, which limited the damage: PBT rose 10.0% and continuing PAT margin fell from 12.7% to 11.8% (my calculation).
| Step, Rs crore (continuing) | Q3 CY2026 | Q3 CY2025 | Change |
|---|---|---|---|
| Revenue from operations | 3,738.13 | 3,130.11 | +19.4% |
| Raw materials, components and project items | 2,089 | 1,620 | +29.0% |
| Materials as share of revenue (my calculation) | 55.9% | 51.8% | +4.1 points |
| All other expenses (my calculation) | 1,146.84 | 1,066.42 | +7.5% |
| Other income | 78.35 | 83.95 | -6.7% |
| Profit before tax | 580.64 | 527.64 | +10.0% |
| PBT margin on revenue (my calculation) | 15.5% | 16.9% | -1.4 points |
| PAT margin, continuing (my calculation) | 11.8% | 12.7% | -0.9 point |
Cite this table: ABB India Q3 CY2026 cost bridge from Multibagg and Free Press Journal; lines marked my calculation are derived.
Derived EBITDA excluding other income was about Rs 552 crore, a 14.8% margin, against about Rs 486 crore and 15.5% a year ago (my calculation: PBT plus finance costs of Rs 5.42 crore plus depreciation of Rs 44.27 crore, less other income). That is not the company’s own operating EBITA, which I did not find for Q3, so do not compare it with the 12.7% and 13.0% in my preview. A likely reason for the materials share is mix, since Electrification, which carries project items, grew 40%, but no source says so (my reading).
Which segments drove the ABB India Q3 results CY2026?
Electrification drove growth: revenue rose 40% to Rs 1,926.8 crore and its result rose 28.9%. Motion revenue rose 14% but its result fell 4.4%, and Automation, formerly Process Automation, saw revenue fall 16% and its result fall 32.2% (Multibagg; my calculation for the result growth).
| Segment (before eliminations) | Revenue Q3 CY2026 | Revenue Q3 CY2025 | Revenue change | Result, Q3 CY2026 and Q3 CY2025 | Result change |
|---|---|---|---|---|---|
| Electrification | Rs 1,926.80 crore | Rs 1,378.25 crore | +39.8% | Rs 349.10 crore; Rs 270.79 crore | +28.9% |
| Motion | Rs 1,335.53 crore | Rs 1,174.58 crore | +13.7% | Rs 173.61 crore; Rs 181.63 crore | -4.4% |
| Automation | Rs 505.22 crore | Rs 601.31 crore | -16.0% | Rs 71.52 crore; Rs 105.41 crore | -32.2% |
Cite this table: ABB India segments per Multibagg; segment result is profit before tax and interest; changes by PositionalCalls.
| Segment margin (result over revenue, my calculation) | Q3 CY2026 | Q3 CY2025 | Change |
|---|---|---|---|
| Electrification | 18.1% | 19.6% | -1.5 points |
| Motion | 13.0% | 15.5% | -2.5 points |
| Automation | 14.2% | 17.5% | -3.3 points |
Cite this table: ABB India segment margins, PositionalCalls; derived from segment revenue and result.
Every segment margin fell, so the squeeze was not confined to one business. Electrification is 51.1% of segment revenue and 58.7% of segment result (my calculation), so the group leans more on it. Multibagg gives no operating reason for the Automation decline; I found no orders or backlog figure to test demand. Process Automation was renamed Automation from 1 January 2026.
How did the ABB India Q3 results CY2026 compare with Q2 and the nine months?
Revenue rose 5.0% on Q2 CY2026’s Rs 3,559 crore and continuing PAT rose about 18.9% on Rs 370 crore (my calculation), but nine-month continuing PAT was Rs 1,151.8 crore, down 3.8%, while total nine-month profit of Rs 2,588 crore was lifted by a Rs 1,437 crore after-tax Robotics gain.
| Consolidated, Rs crore | Q2 CY2026 | Q3 CY2026 | 9M CY2026 | 9M CY2025 |
|---|---|---|---|---|
| Revenue, continuing | 3,559 | 3,738.13 | 10,481.06 | 9,080.65 |
| PBT, continuing | 499 | 580.64 | 1,541.28 | 1,602.68 |
| PAT, continuing | 370 | 439.82 | 1,151.80 | 1,197.91 |
| Discontinued, after tax | -7.8 | 2.70 | 1,436.67 | 37.5 |
| Total profit | 362.3 | 442.52 | 2,588.47 | 1,235.41 |
Cite this table: ABB India sequential and nine-month lines; Q2 CY2026 per my preview and Free Press Journal, Q3 and nine months per Multibagg, Investywise and Free Press Journal.
The Robotics business was sold on 1 March 2026 for Rs 1,568.20 crore, with a pre-tax gain of Rs 1,658.48 crore (Multibagg), so the nine-month total profit more than doubled from Rs 1,235.41 crore. Strip it out and nine-month continuing PBT fell 3.8% from Rs 1,602.68 crore to Rs 1,541.28 crore while revenue rose 15.4% (my calculation). The preview’s Q2 profit of Rs 370 crore was the continuing line; Free Press Journal’s Rs 362.3 crore is the total after a Rs 7.8 crore discontinued loss, which is why its sequential growth reads 22%. Quarter on quarter, continuing PBT rose 16.4% (my calculation).
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The profit, then the margin
- The ABB India numbers as they appear
- Segments and costs explained
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Was the ABB India Q3 results CY2026 preview base right?
Partly. The preview’s year-ago revenue of Rs 3,311 crore and profit of Rs 409 crore were not the continuing figures: the result compares with restated revenue of Rs 3,130.11 crore and continuing PAT of Rs 398.05 crore. Against the preview’s figures, growth would read 12.9% and 7.5% instead.
| Preview mark | Preview value | Filing-basis comparison | Growth on each base (my calculation) |
|---|---|---|---|
| Q3 CY2025 revenue | Rs 3,311 crore | Rs 3,130.11 crore restated | +12.9% against the preview; +19.4% against the restated |
| Q3 CY2025 PBT | Rs 542 crore | Rs 527.64 crore | +7.1% against the preview; +10.0% against the restated |
| Q3 CY2025 PAT | Rs 409 crore | Rs 398.05 crore continuing; Rs 409.04 crore total | +7.5% against the preview; +10.5% continuing; +8.2% total |
| Q2 CY2026 revenue and PAT | Rs 3,559 crore; Rs 370 crore | Same; the Q3 figures are above | +5.0%; +18.9% |
| Orders, backlog (Q3 CY2025) | Rs 3,233 crore; Rs 9,895 crore | Q3 CY2026 not found | Cannot compare |
| Dividend | Rs 90 special with Q2 | None found with Q3 | Not applicable |
Cite this table: ABB India preview marks against the result, PositionalCalls, as of 13 November 2026, 8:15 PM IST.
The likely cause is restatement: the Robotics business moved to discontinued operations, so prior-year continuing figures are lower than those the company first reported (my reading, unconfirmed against the filing). Read the preview at ABB India Q3 results date CY2026.
When was the ABB India Q3 results CY2026 reported, and what did the price do?
Investywise published at 5:52 PM IST, Multibagg at 6:02 PM IST and Free Press Journal at 6:04 PM IST on 13 November 2026, after the NSE close, so there is no price reaction yet. The analyst call listed in my preview is Monday, 16 November, 10:30 to 11:30 AM IST.
| Item | Reading | Source and note |
|---|---|---|
| Board meeting | Friday, 13 November 2026 | Confirmed by the filing date in the reports |
| Publication | 5:52 to 6:04 PM IST | Investywise; Multibagg; Free Press Journal |
| Auditor review | Limited review report dated 13 November | Multibagg; B S R & Co. LLP |
| Analyst call | Monday, 16 November, 10:30 to 11:30 AM IST | My preview (CompoundingAI); not re-checked |
| Share price | Not found after the results | Preview: Rs 7,244 on 31 July; Rs 6,774 undated |
| Dividend | None found | Special Rs 90 was declared with Q2 (my preview) |
Cite this table: ABB India timing and price items, as of 13 November 2026, 8:15 PM IST; filing not opened.
Provident fund assets transferred to the EPFO from 1 October 2026 produced a net gain of Rs 6.2 crore in the profit and loss account and Rs 3.7 crore in other comprehensive income (Free Press Journal); it falls after the quarter and is small against Rs 442.5 crore.
What do the reports not show about the ABB India Q3 results CY2026?
The reports I read do not show orders, order backlog, the company’s operating EBITA, a dividend, guidance, an analyst estimate, a share price after the results or the filing itself. All figures are headline-level, and several come from an automated summary.
| Item | Found? | Why it matters |
|---|---|---|
| Orders and backlog | No | The leading indicator for revenue |
| Operating EBITA | No; derived EBITDA only | The company’s own margin measure |
| Dividend | None found | Record date decides who is paid |
| Guidance | No | The preview’s 12 to 15% PAT margin corridor is unverified |
| Analyst estimate | No | Needed to say beat or miss |
| Reason for the Automation decline | No | Segment result fell 32% |
| Filing text | Not opened | All figures are headline-level |
Cite this table: ABB India items not found in the pages read, PositionalCalls, as of 13 November 2026, 8:15 PM IST.
The preview cited an unverified corridor of 12 to 15% for PAT margin; continuing PAT margin of 11.8% sits below it by my calculation, but the corridor’s definition is not confirmed, so I draw no conclusion.
What does the arithmetic show for the ABB India Q3 results CY2026?
Eight checks hold: revenue growth, PBT, continuing and total profit, the profit bridge, EPS, the share count and the segment sums. One does not close: segment revenue exceeds reported revenue by Rs 29.4 crore, of which Rs 5 crore is unexplained.
| Check (my calculation) | Working | Result |
|---|---|---|
| Revenue growth | 3,738.13 / 3,130.11 – 1 | +19.4% |
| PBT | 3,816.48 – 3,235.84 | 580.64, matches |
| Total profit | 439.82 + 2.70 | 442.52, matches |
| Continuing PAT growth | 439.82 / 398.05 – 1 | +10.5% |
| Share count | 442.52 / 20.89 | 21.18 crore, matches the preview |
| Segment revenue sum | 1,926.80 + 1,335.53 + 505.22 | 3,767.55; 29.42 above reported |
| Nine-month PAT bridge | 1,151.80 + 1,436.67 | 2,588.47, matches |
Cite this table: ABB India Q3 CY2026 tie-outs by PositionalCalls from the sources listed.
Two worked examples for an ABB India Q3 results CY2026 reader
Example 1, the margin cost. At last year’s 12.7% PAT margin, revenue of Rs 3,738 crore would have produced about Rs 475 crore of continuing profit; the actual Rs 439.8 crore is about Rs 35 crore lower (my calculation). Example 2, the materials share. At last year’s 51.8% materials share, materials would have been about Rs 1,936 crore; the actual Rs 2,089 crore is about Rs 153 crore higher (my calculation).
How do I read the next ABB India results after this one?
On the next results, read in this order: orders and backlog, Electrification margin, Automation revenue, materials share of revenue, continuing PAT margin against 11.8%, and the dividend. These show whether the squeeze is mix or a trend.
| Order | Line to read | Mark to compare | Why it comes first |
|---|---|---|---|
| 1 | Orders and backlog | Rs 4,363 crore and Rs 11,898 crore in Q2 CY2026 | Leading indicator |
| 2 | Electrification margin | 18.1% (19.6% a year ago) | Largest segment |
| 3 | Automation revenue | Rs 505.2 crore, -16% | Weakest segment |
| 4 | Materials share of revenue | 55.9% | Rose 4.1 points |
| 5 | Continuing PAT margin | 11.8% | Below 12.7% a year ago |
| 6 | Dividend | None found with Q3 | Check the filing |
Cite this table: ABB India reading order, PositionalCalls.
Any article on the ABB India Q3 results CY2026 should say whether profit is total or continuing, which quarter label it uses and whether the year-ago base is restated. If it does not, it is a headline, not a reading.
How do I read the ABB India filing and avoid fake tips?
Open the NSE or BSE announcement for ABB India Limited, not a link in a message, and read the continuing and discontinued results lines, the segment note and the investor presentation. Never pay anyone for results tips.
- Open the exchange announcement page for ABB India Limited.
- Read the unaudited consolidated results for the quarter ended 30 September 2026.
- Compare with Rs 3,738.13 crore, Rs 580.64 crore and Rs 439.82 crore.
- Read the continuing and discontinued split and the Robotics notes.
- Read the segment note, orders and the dividend intimation.
PositionalCalls is not SEBI-registered, gives no buy or sell calls and never asks for payment. Nothing here is investment advice.
What do most people miss in the ABB India Q3 results CY2026?
Most readers of the ABB India Q3 results CY2026 miss that profit grew half as fast as revenue, that every segment margin fell, that nine-month profit includes a Robotics gain, and that the year-ago base was restated.
Analyst’s note. What stands out: revenue grew 19% but PBT only 10%, because materials grew 29% (my calculation). What is easy to miss: every segment margin fell, and the nine-month total profit mostly reflects the Robotics sale. Caution: figures come from news and summary pages and I did not open the filing; this note is reasoning, not a forecast or target. Reader action: read orders, operating EBITA and the expense note before treating Rs 439.8 crore as a base.
Bottom line
The ABB India Q3 results CY2026 show revenue of Rs 3,738 crore, up 19.4%, continuing profit of Rs 439.8 crore, up 10.5%, and total profit of Rs 442.5 crore, up 8.2%, with Electrification strong and margins lower. The gaps are orders, backlog, operating EBITA and the dividend, and this page gives no call. Read the preview at ABB India Q3 results date CY2026.
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ABB India Q3 results CY2026: frequently asked questions
What were the ABB India Q3 results CY2026?
The ABB India Q3 results CY2026 show revenue from continuing operations of Rs 3,738.13 crore, up 19.4%, profit after tax from continuing operations of Rs 439.82 crore, up 10.5%, and total profit of Rs 442.52 crore, up 8.2%. I did not open the filing.
Is Q3 CY2026 the same as Q2 FY27 for ABB India?
Yes. ABB India has a December year-end, so the quarter to 30 September 2026 is Q3 CY2026. Investywise calls it Q3 FY27, and CompoundingAI, in my preview, called it Q2 FY27. Use the quarter-end date, 30 September 2026, to avoid mixing it with other quarters.
Why did ABB India profit grow slower than revenue?
Raw materials, components and project items rose 29.0% to Rs 2,089 crore against revenue up 19.4%, lifting their share from 51.8% to 55.9% (my calculation). Other expenses rose only 7.5%, so PBT grew 10.0% and continuing PAT margin fell from 12.7% to 11.8%.
Which ABB India segment grew most in Q3?
Electrification: revenue rose 40% to Rs 1,926.8 crore and its result rose 28.9% to Rs 349.1 crore. Motion revenue rose 14% but its result fell 4.4%, and Automation revenue fell 16% with its result down 32.2%, per Multibagg. Every segment margin fell, by my calculation.
Why is ABB India’s nine-month profit so high?
The nine-month total profit of Rs 2,588.47 crore includes Rs 1,436.67 crore after tax from discontinued operations, mainly the Robotics sale of 1 March 2026 (pre-tax gain Rs 1,658.48 crore). Continuing PAT was Rs 1,151.80 crore, down 3.8%, so the ABB India Q3 results CY2026 quarter is the cleaner guide.
Was the preview base for the ABB India Q3 results CY2026 right?
Partly. My preview used year-ago revenue of Rs 3,311 crore and profit of Rs 409 crore; the result compares with restated revenue of Rs 3,130.11 crore and continuing PAT of Rs 398.05 crore, with Rs 409.04 crore the total profit. Restatement for the Robotics sale is the likely cause, unconfirmed.
Did ABB India declare a dividend with Q3 results?
I found no dividend in the reports I read for the ABB India Q3 results CY2026. A special dividend of Rs 90 a share was declared with Q2, per my preview. Only the board outcome in the exchange filing can confirm any new dividend and its record date.
Nothing to report yet. The results were published between 5:52 and 6:04 PM IST on 13 November, after the NSE close, so the first trading reaction falls on Monday, 16 November (my reading). The analyst call listed in my preview is that day at 10:30 AM IST.
Did ABB India beat estimates in Q3?
I cannot call it. I found no analyst consensus for the quarter, and orders and backlog were not in the reports I read. The preview’s PAT margin corridor of 12 to 15% was unverified, and continuing PAT margin was 11.8% by my calculation, so I draw no conclusion.
Is this a buy or sell recommendation for ABB India?
No. PositionalCalls is not SEBI-registered and gives no buy or sell calls, targets or price zones. This page reports the results from news and summary pages, I did not open the filing, and nothing here is investment advice. Consult a registered adviser before investing.
Sources
- NSE India: corporate announcements: ABB India results filing.
- BSE India: corporate announcements: ABB India results filing.
- Free Press Journal: ABB India Q3 profit rises 8.2%, 6:04 PM IST; headline lines, nine months, Robotics gain.
- Investywise: ABB India Q3 2026 unaudited results, 5:52 PM IST; revenue, profit, segment revenue; period labels noted.
- Multibagg: ABB India Q3 revenue rises 19%, 6:02 PM IST; PBT, tax, year-ago lines; an automated summary with an AI disclaimer.
- Multibagg: ABB India Electrification revenue jumps 40%; segment revenue and result.
Disclosure: PositionalCalls.com is not a SEBI-registered research analyst or investment adviser. Investments in securities markets are subject to market risks. Read all related documents carefully before investing. Returns are never guaranteed. PositionalCalls is an independent research and education site founded by Shubham Chaudhary. Nothing here is a recommendation, target or investment advice. How I researched this: for this page I read Free Press Journal, Investywise and Multibagg, plus my own ABB India preview for the year-ago and Q2 CY2026 base, noted where sources differ, and marked every derived number as my calculation. I did not open any company filing or exchange document. Figures are as of 13 November 2026, 8:15 PM IST.
Shubham Chaudhary is the founder of PositionalCalls, an independent Indian stock market research website. He writes company fundamentals, quarterly results analysis, IPO analysis and sector research for NSE and BSE listed companies, with a focus on banking stocks, insurance and long-term value investing. Every article is built from primary sources such as RBI, SEBI, NSE and BSE filings and company annual reports, and states its risks plainly in simple language for retail investors.
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