Schneider Electric Infrastructure Appoints Omkar Prasad as New CFO

1 min read     Updated on 28 Aug 2025, 01:09 PM
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Overview

Schneider Electric Infrastructure Limited has announced the appointment of Mr. Omkar Prasad as the new Chief Financial Officer (CFO), effective September 16, 2025. He replaces Ms. Suparna Banerjee Bhattacharyya, who is resigning to pursue other career opportunities. Prasad, currently the Chief Accounting Officer for Greater India at Schneider Electric, brings over 20 years of experience in finance controllership, tax compliances, risk management, and digital transformation. He holds professional qualifications including Fellow Chartered Accountant and a Master's degree in economics from IIMB. The Board of Directors approved this change during a meeting on August 28, 2025.

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*this image is generated using AI for illustrative purposes only.

Schneider Electric Infra has announced a significant change in its top leadership, with the appointment of Mr. Omkar Prasad as the new Chief Financial Officer (CFO), effective September 16, 2025. This move comes following the resignation of Ms. Suparna Banerjee Bhattacharyya from the CFO position.

Leadership Transition

The Board of Directors of Schneider Electric Infrastructure Limited approved these changes during a meeting held on August 28, 2025. Ms. Bhattacharyya's resignation will take effect from the close of business hours on September 15, 2025, as she pursues career opportunities outside the organization.

New CFO Profile

Mr. Omkar Prasad brings a wealth of experience to his new role as CFO. He currently serves as the Chief Accounting Officer for Greater India at Schneider Electric, overseeing operations across India, Sri Lanka, and Bangladesh. With over two decades of experience in finance controllership, tax compliances, risk management, and digital transformation, Prasad is well-equipped to take on this pivotal role.

Professional Qualifications

Prasad's credentials include:

  • Fellow Chartered Accountant
  • Certified in Business Responsibility and Sustainability Reporting (BRSR)
  • Master's degree in economics from the Indian Institute of Management Bengaluru (IIMB)

Career Highlights

Throughout his career, Mr. Prasad has:

  • Led high-performing teams with a focus on diversity, simplification, and innovation
  • Driven significant cost optimization and process simplification through digital transformation initiatives
  • Held key positions including Plant Controlling, Internal Auditor, and Corporate Finance Manager

Shareholding Information

Mr. Prasad holds 2 equity shares in Schneider Electric Infrastructure Limited, while the outgoing CFO, Ms. Bhattacharyya, held no shares in the company.

Company Disclosure

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information will be accessible on the company's website at https://infra-in.se.com/en/index.jsp .

Board Meeting Details

The Board meeting where these decisions were made commenced at 12:30 p.m. (IST) and concluded at 12:41 p.m. (IST) on August 28, 2025.

This leadership change marks a new chapter for Schneider Electric Infrastructure Limited as it continues to strengthen its financial management and strategic positioning in the market.

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Schneider Electric Infra Reports ₹910 Cr Order Surge, Positions for Multi-Year Growth

1 min read     Updated on 07 Aug 2025, 09:37 PM
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Overview

Schneider Electric Infrastructure Limited (SEIL) reported a 42.10% increase in orders, reaching ₹910.00 crores. The order backlog grew by 25.90% to ₹1,635.00 crores. Despite this, financial results were mixed with sales growing 4.80% to ₹622.00 crores, while EBIT and PAT declined. The company attributes this to project delays and spillovers. SEIL is focusing on partnerships, digitalization, and expanding capacity to capitalize on growth opportunities in green energy, AI, EV charging, and energy storage sectors.

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Schneider Electric Infrastructure Limited (SEIL) has reported a significant surge in orders, signaling strong market demand and positioning the company for potential multi-year growth. The company's latest financial results reveal promising developments in its business operations.

Order Book Expansion

SEIL experienced a remarkable order surge of ₹910.00 crores, representing a substantial 42.10% increase compared to the same period last year. This surge in orders underscores the growing demand for SEIL's products and solutions in the infrastructure sector.

Robust Backlog

The company's order backlog stood at an impressive ₹1,635.00 crores as of June 30, marking a 25.90% year-on-year growth. This strong backlog provides SEIL with a solid foundation for future revenue generation and operational stability.

Financial Performance

Despite the significant growth in orders, SEIL's financial results show a mixed picture:

Metric Performance
Sales ₹622.00 crores (4.80% growth)
EBIT ₹67.00 crores (2.50 percentage points decrease)
PAT ₹41.00 crores (1.50 percentage points decline)
Gross Margin 1.50 percentage points decrease

The company attributed the moderate sales growth and decline in profitability metrics to spillovers and project delays.

Strategic Focus

SEIL is positioning itself to capitalize on emerging opportunities and strengthen its market presence. The company's strategic levers include:

  1. Promoting partnerships with distributors and panel builders
  2. Increasing focus on modernization, digital services, and remote asset monitoring
  3. Accelerating growth in emerging segments and strengthening resilient segments
  4. Expanding capacity to meet future demand

Market Outlook

SEIL sees significant growth potential in various sectors, including:

  • Green Energy: With India's ambitious renewable energy goals and hydrogen production targets
  • AI & Digitalization: Leveraging the country's push for AI infrastructure and digital economy growth
  • Electric Vehicle Charging Infrastructure: Capitalizing on the rapidly expanding EV market
  • Energy Storage Systems: Addressing the growing demand for battery energy storage solutions

Conclusion

While Schneider Electric Infrastructure faces some short-term challenges in profitability, the substantial increase in orders and a strong backlog position the company well for future growth. The company's strategic focus on emerging technologies and infrastructure development aligns with India's long-term economic and energy transition goals, potentially setting the stage for sustained expansion in the coming years.

Investors and stakeholders will be watching closely to see how SEIL translates this surge in orders into improved financial performance in the upcoming quarters.

Historical Stock Returns for Schneider Electric Infra

1 Day5 Days1 Month6 Months1 Year5 Years
-0.65%-0.40%-5.78%+40.04%+8.09%+967.37%
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