ABB India Limited has successfully obtained shareholder approval for the sale of its Robotics Business to ABB Robotics India Private Limited through a postal ballot voting process that concluded on February 27, 2026. The material related party transaction was approved with overwhelming support from shareholders, demonstrating strong confidence in the strategic decision.

Voting Results and Participation

The postal ballot process witnessed significant shareholder participation with clear support for the proposed transaction. The voting statistics reveal strong institutional backing for the business divestiture.

Shareholder Category Performance

The voting pattern across different shareholder categories demonstrated varied levels of support for the robotics business sale.

Notably, public institutional investors showed strong support with 99% voting in favour, while public non-institutional shareholders demonstrated lower support at 4%. The promoter and promoter group, holding 158,931,281 shares, abstained from voting due to their interest in the transaction.

Transaction Details and Process

The postal ballot sought approval for the material related party transaction involving the sale of ABB India's Robotics Business to ABB Robotics India Private Limited on a slump sale basis. The remote e-voting process commenced on January 29, 2026, and concluded on February 27, 2026, at 5:00 pm IST.

Mr. Chandra Sekhar Kandukoori, Practicing Company Secretary from Bengaluru, served as the scrutinizer for the voting process. His report confirmed that the ordinary resolution was duly approved by members with the requisite majority and was deemed passed on February 27, 2026.

Regulatory Compliance

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company maintained full transparency by making voting results available on its website at www.abb.co.in and on KFin Technologies' platform at evoting.kfintech.com.

The successful approval of this resolution enables ABB India to proceed with the strategic divestiture of its Robotics Business, marking a significant corporate restructuring initiative for the company.

ABB India Limited concluded CY2025 with exceptional performance, delivering record-breaking orders and demonstrating resilience across its diverse business portfolio. The company's Q4 CY2025 results showcase strong momentum in key growth segments and robust financial metrics.

Record-Breaking Order Performance

The company achieved its highest-ever annual orders of INR 14,115 crores, representing 8% growth over the previous year. This performance becomes even more impressive when viewed through a longer lens, with a compound annual growth rate (CAGR) of 16% from 2021 onwards. The Q4 quarter specifically demonstrated exceptional momentum with 52% order growth and 27% base business growth, signaling market recovery after several quarters of slower activity.

Strong Financial Performance and Profitability

ABB India maintained robust profitability with profit before tax (PBT) of INR 2,230 crores, achieving a margin of 16.9%. The company's profit after tax reached INR 1,669 crores, with earnings per share growing at a 33% CAGR over the last five years to INR 78.78. The Board declared a final dividend of INR 29.59 per share, reflecting confidence in sustained performance.

The company's return on capital employed stands at 21%, demonstrating efficient capital utilization across its 18 businesses operating in 23 market segments. Cash balance remained strong at INR 5,694 crores, providing financial flexibility for future investments.

Business Division Performance

Electrification division led growth with 43% order increase, supported by strong demand from data centers and improved base orders. The division achieved revenue growth of 6% with strong order backlog of approximately INR 3,300 crores and maintained profitability at 21.4%.

Motion division secured 25% order growth, driven by mobility orders from the transportation sector. Revenue grew 7% with a substantial order backlog of INR 4,200 crores, including large railway orders for execution over multiple periods. Profitability remained steady at 16.5%.

Automation division showed recovery with 34% order growth after subdued performance in previous quarters, as delayed project decisions materialized. The division maintained strong margins with PBIT at 14.7%.

Robotics achieved growth to INR 570 crores for the quarter, benefiting from a large automotive sector order, with significantly improved backlog compared to previous periods.

Market Segment Momentum and Growth Drivers

The company experienced strong order momentum across key segments including transport, building and infrastructure, discrete and process industries, renewables, and data centers. Data centers emerged as a particularly strong growth driver, contributing approximately 10-11% to the current order backlog of INR 10,471 crores.

Emerging industries, infrastructure and transport, and core industries all showed positive momentum. Core industries, representing 52% of volumes, demonstrated encouraging signs after previous muted performance, with good investment activity in metals, chemicals, oil and gas segments.

Strategic Initiatives and Sustainability

ABB India continued expanding its portfolio with new energy-efficient drives and next-generation machinery drives, enabling deeper market penetration and access to new segments. The company achieved significant sustainability milestones, becoming the fourth company in India to receive AWS Gold certification for water stewardship.

Sustainability metrics showed impressive progress with 87% reduction in GHG emissions, zero waste to landfill achieved at four locations, and water recyclability at 44%. These initiatives align with customer sustainability goals and enhance ABB's competitive positioning.

Outlook and Market Positioning

Management expressed optimism about demand outlook, citing positive trends in emerging industries, infrastructure development, and signs of recovery in core industries. The company's diverse portfolio across 23 market segments provides resilience and multiple growth opportunities.

Key growth factors include India's economic expansion, green energy momentum, urbanization, smart infrastructure development, and increasing automation adoption. The recent India-Europe free trade agreement signing is expected to provide additional opportunities, though benefits are anticipated to materialize over 6-12 months.

With strong order backlog providing revenue visibility, continued investment in capacity and capabilities, and positioning in high-growth segments, ABB India appears well-positioned for sustained growth in the evolving Indian industrial landscape.