ABB India Q2 2026: ₹90 Special Dividend, Orders +50%

Key takeaway

ABB India Ltd reported a mixed Q2 CY2026 result on July 31, 2026: revenue hit a record for a second quarter, order intake jumped sharply, but profit growth stayed modest and missed estimates. Alongside the earnings, the company’s board declared a ₹90 per share special dividend, linking the payout to proceeds from the Robotics divestment and operational profits in the first half of CY2026.

What ABB India reported for Q2 CY2026

On a standalone basis, ABB India posted net profit of ₹362.3 crore in Q2 CY2026, up 3% year-on-year from ₹352 crore. The profit number was also described as a miss versus estimates of ₹388 crore.

Revenue was the bigger highlight. The company reported its highest-ever second-quarter revenue at ₹3,559 crore, compared with ₹2,940 crore a year earlier, a 21% year-on-year increase. The company also reported first-half CY2026 revenue of ₹6,743 crore, with management indicating double-digit year-on-year growth for both Q2 and H1.

Operationally, EBITDA for the quarter was reported at ₹447 crore, up 11.4% from ₹401 crore in the year-ago quarter. However, margins narrowed, with the EBITDA margin reported at 12.6% versus 13.6% a year earlier.

Earnings per share and first-half snapshot

ABB India reported earnings per share (EPS) of ₹17.46 for Q2 CY2026. For H1 CY2026, EPS was ₹33.61.

While the quarter showed year-on-year growth in profit, the mix of a profit miss versus estimates and margin compression shaped the market’s reading of the numbers. The company’s results were also framed as being pressured by an escalating cost base.

Order intake surged to a Q2 record

Orders were a key positive in the release. ABB India reported total orders of ₹4,363 crore in Q2 CY2026, described as the highest-ever second-quarter order intake for the company. The company said orders rose 50% year-on-year.

The scale of the order increase stood out against the more modest growth in profit. For investors, strong order intake often signals demand conditions and potential revenue conversion over the coming quarters, while margins and costs determine how much of that demand translates into earnings.

Special dividend: size, rationale, and mechanics

The board declared a special dividend of ₹90 per share for the financial year 2026. The company stated that the special dividend reflects proceeds from the Robotics divestment and operational profits for the first half of calendar year 2026.

ABB India also disclosed that the dividend amounts to 4,500% on the company’s equity shares with a face value of ₹2 each. The special dividend was declared on 21,19,08,375 fully paid-up equity shares of the company.

Record date and payment date

ABB India set August 7, 2026 as the record date to determine shareholder eligibility for the special dividend. The company said the payment would be made on or before August 29, 2026, to shareholders whose names appear in the Register of Members or in the records of depositories as beneficial owners on the record date.

This timeline matters for investors who track dividend entitlement and settlement timelines, especially around corporate action cut-offs.

Market reaction: stock closes marginally lower

ABB India’s stock settled 0.10% lower at ₹7,284.50 on the NSE on Friday. The move reflected a session where strong revenue growth and record orders competed with the margin squeeze and the earnings miss versus estimates.

Table: Q2 CY2026 scorecard (YoY)

Table: Special dividend details

Why the quarter matters

The quarter showed a clear split between demand and profitability. Revenue growth of 21% and a Q2 record in order intake (up 50%) pointed to strong traction in the company’s operating environment. At the same time, the narrowing of EBITDA margin to 12.6% from 13.6% and the reported profit miss versus estimates highlighted the impact of costs on earnings delivery.

The special dividend of ₹90 per share was an equally important event for shareholders. ABB India tied the payout to the Robotics divestment proceeds and H1 operational profits, placing the corporate action alongside quarterly performance as a key driver of investor attention.

Conclusion

ABB India’s Q2 CY2026 results combined record second-quarter revenue and a sharp rise in order intake with margin pressure and a profit miss versus estimates. The immediate next milestones for shareholders are the record date on August 7, 2026 and the dividend payment timeline of on or before August 29, 2026.