17 August 2026 | 6:47AM SGT Equity Research Schneider Electric Infrastructure Ltd. (SEIN.BO): First Take: Q1FY27 - A weak start; execution drives operating deleverage; order book builds up The quarter: Schneider Electric Infrastructure (SEIN) reported revenue growth of 5% yoy with 1% growth in order inflow (both accounting for 16%/21% of GS FY27E). This resulted in an order book build-up with a growth of 33% yoy. Gross margins were largely flat QoQ (declined 270bps YoY) while EBITDA margins declined more sh ...