The robotics industry is growing quickly, which is good since future workers will collaborate with robots rather than be displaced by them. The size of the Indian industrial robotics market is forecasted to reach $2.5 billion in 2030.
Any investor who focuses investments on robotics stocks will get a first-mover advantage and a headstart in the race.
Overview of the robotics industry in India
The architecture, construction, production, and implementation of robotic systems and technologies are all included in the robotics market. It entails building machines that can complete activities on their own or with little assistance from humans.
These devices also referred to as robots, imitate human behaviour and/or carry out specific tasks across a range of industries. Manufacturing, healthcare, agriculture, logistics, defence, and entertainment are some of these industries.
The industrial capacity will be greatly enhanced by robotics, which will greatly support the Make in India initiative. A shift of jobs and activities might have robots complement and supplement human labour by undertaking routine or hazardous work, which is another piece of proof that robotics does not result in employment loss.
As a result, higher-skilled labour is valued more in industries with automated labour, while the spillover effect creates new lower-skilled employment in other industries.
Robots can connect with other systems and with one another thanks to IoT (Internet of Things) integration, which promotes increased effectiveness and teamwork. Industry 4.0, where smart production procedures redefine automation norms, is being driven by this synergy.
A new age of intelligent and cooperative automation is therefore being ushered in by the extensive use of Cobots as well as the combination of AI and IoT, which is changing the India Industrial Robotics Market. As a result, these advantages are examined to propel the market over the 2024–2030 projected timeframe.
Also read: Top Semiconductor Penny Stocks in India.
3 top robotics stocks in India
Based on the market capitalisation, we have listed the top robotics stocks in India.
Larsen & Toubro Ltd.
With interests in projects, infrastructure, real estate development, manufacturing, IT, and financial services, L&T is a global corporation based in India that works in the engineering and construction industry. It has operations in more than 50 nations.
The robust order intake in FY23 and FY24 will support the consolidated revenue’s 8%–10% year-over-year growth in FY25 as well as FY26. It is anticipated that the consolidated credit metrics will continue to be robust throughout FY25–FY27.
Because it has more negotiating leverage with its subcontractors, L&T principally relies on client advances and creditors to maintain its liquidity. The business and its subcontractors sign consecutive contracts.
Siemens Ltd.
Siemens Limited provides intelligent infrastructure, buildings, and drives for process industries, as well as integrated systems for industrial purposes in the manufacturing sector.
Being present in several different businesses protects Siemens Limited against seasonality. Siemens AG, the parent organisation, provides technical assistance and expertise to Siemens Limited. This helps the business to retain its strong market position by enhancing service capabilities and producing high-quality items.
Zero balance sheet obligations, a strong adjusted tangible net worth of about Rs 12,100 crore as of 31 March 2024, and excellent liquidity supported by solid cash and cash equivalents define the financial risk posture of the company.
Numerous top robotics stocks in India fiercely compete with Siemens Limited. The macroeconomic slump as well as the fiercely competitive tendering procedure for the majority of projects have increased competitiveness and put strain on profitability.
ABB India Ltd.
An integrated producer of power machinery, ABB India Limited offers the whole spectrum of engineering goods, alternatives, and services related to automation and power technology.
The industry leader in robotics and electrification solutions is ABB India. Accessibility to the newest technology from ABB Ltd., a varied product line, cost-effective operations, a broad geographical presence, and robust customer exposure through affiliates all contribute to the dominant position in the market.
With multiple robotics stocks in India, ABB India works in a market that is becoming more and more competitive. The majority of the orders are acquired through auctions, which has increased competitiveness and put stress on profitability. This is in addition to the macroeconomic slump.
Also read: Best Electronic Manufacturing Stocks in India.
Stock comparison of the 3 top robotics stocks in India
Based on market capitalisation, the robotics stocks in India that are currently spearheading the market are listed below.
| Name | P/E | Mar Cap (₹ Cr.) | Div Yield (%) | NP Qtr(₹ Cr.) | Qtr Profit Var (%) | Sales Qtr (₹ Cr.) | ROCE (%) |
| Larsen & Toubro Ltd. | 38.04 | 512136.41 | 0.75 | 4098.84 | 5.36 | 61554.58 | 13.44 |
| Siemens Ltd. | 99.25 | 269616.65 | 0.13 | 831.20 | 45.41 | 6461.10 | 25.59 |
| ABB India Ltd. | 92.93 | 156864.17 | 0.32 | 440.45 | 21.68 | 2912.16 | 30.69 |
Also read: Avoid These Money Mistakes Before You Retire.
Bottomline
In this new era of information technology and scientific advancement, a tech-savvy investor can rarely go wrong. However, you need to do due diligence before investing in the top robotics stocks in India.
FAQs
- What are the best stocks for robotics?
Indian robotics sector is expanding, and the nation is rising to the top of the world in terms of yearly robot installations. Since 2016, the operating inventory of industrial robots has quadrupled, expanding at a 16% annual average pace.
L&T, Siemens and ABB India are the best robotics stocks in India.
- Which Indian AI stock is best?
In 2022, the Indian AI market was estimated to be worth $5.2 billion. Numerous industries, notably healthcare, agriculture, as well as education, employ AI. AI may assist with precise agricultural recommendations, for instance.
Among Indian AI businesses are:
Intello Labs: Digitises the fresh produce quality evaluation procedure using computer vision
Bosch: AI-powered options for Internet of Things (IoT), industrial digitisation, and smart mobility
- Which is the best robotics company in India?
Indian industries, especially the manufacturing industries, are heavily dependent on robotics. The top robotics stocks in India are – Larsen & Toubro Limited, Siemens Limited and ABB India Limited. They are the best-performing robotics companies in the Indian market. The past performance of the business provides a sense of security to investors but caution should be maintained.
- What 5 stocks to buy in India?
The Indian economy has been thriving for a long time. The stocks are increasing rapidly while maintaining a safe cushion. FMCG and IT are among the sectors which are estimated to perform well.
As a consequence of rising automation and digitisation, the robotics industry in India is expanding rapidly. This development opportunity might lead to higher profits for investors.
- What are the big 4 of robotics?
Every industry has a few companies which act as trendsetters. In the field of robotics companies like ABB and FANUC (Japan) have set new barometers of success. Many other companies like KUKA (China) and YASKAWA (Japan) are performing very well in the international market.
