Review

ABB POWER PRODUCTS & SYSTEMS LIMITED 

Ticker : 543187 
FV : Rs 2 
52-Week H/L  :  Rs 2,201.60/837.05

We had previously recommended ABB Power Products & Systems in vol. 37, no. 32, dated May 31, 2021, when the scrip was trading at Rs 1,935 per share. On the standalone quarterly front, the company recorded net sales of Rs 1,015.53 crore for Q4FY21, which is an increase of 25.28 per cent from its net sales of Rs 810.62 crore reported for Q4FY20. The operating profit jumped to Rs 81.98 crore in Q4FY21 from Rs 65.71 crore posted in Q4FY20, registering a gain of 24.76 per cent. The net profit was reported at Rs 39.44 crore in Q4FY21 as compared to Rs 29.18 crore in Q4FY21, recording a 35.16 per cent rise. Leaders like ABB Power Products & Systems India Ltd are taking efforts to capitalise on upcoming trends & drivers in the electric equipment industry and support prompt business decisions. Hence, we recommend HOLD.