Indra Sistemas SA
IDR
ISIN ES0118594417 / Valor 1136946
Indra Sistemas SA
UMushroom community rating:
About company
Indra Sistemas SA is a prominent global technology and consulting firm, with a significant footprint in the aerospace, defense, and mobility sectors, where it is recognized for its engineering technology prowess. The company also plays a crucial role in spearheading digital transformation and information technology services in Spain and Latin America through its affiliate, Minsait. Indra distinguishes itself by offering a comprehensive suite of proprietary products that span a wide range of applications, emphasizing end-to-end solutions and innovation. Its business model is designed to support the digitalization and core operational needs of its clients across the globe. In the financial year 2023, Indra reported revenues of €4.343 billion, underscoring its substantial impact on the industry. The company boasts a workforce of over 57,000 employees and maintains a local presence in 46 countries, with its business operations extending to more than 140 countries, highlighting its expansive global reach and influence in the technology and consulting sectors.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (20.05.2026):
Indra Sistemas, S.A. — reporting full-year 2025 and fourth quarter (Q4) 2025 results: the company delivered a strong FY25 performance with revenues up 13% to €5.457bn, operating profitability improving (EBIT up 18%, EBIT margin 9.5% for 2025 and 10.8% in Q4), net profit rising 57% to €436m, solid free cash flow of €364m, and a materially larger backlog after strong Q4 order intake. Management completed a majority stake acquisition in Hispasat in December 2025 and proposed a €0.30/share dividend payable July 9, 2026, while setting 2026 guidance well above prior strategic-plan targets.
Revenues
FY25 revenues: €5.457bn (+13% vs. 2024). Organic revenues (ex-acquisitions and FX) grew 9%. Division growth: Defence +23%, ATM +23%, Mobility +10%, Minsait +5%. Q4 2025 revenue acceleration: Defence +79% (Q4), Mobility +32%, Minsait +10%, ATM +2%. FX cost to revenues: -€74m.
Profitability
EBITDA +17% (margin 11.7% in 2025; 12.5% in Q4). EBIT +18% with FY EBIT margin 9.5% (10.8% in Q4). Adjusted margins excluding specific impacts (TESS and an ATM project cleanup) would be higher (EBIT ~10.0% FY, EBITDA ~12.2% FY).
Net Result & Cash
Net profit: €436m (+57% vs. 2024). Free cash flow: €364m in 2025 (vs. €328m in 2024). Q4 cash generation: €307m (vs. €234m year-earlier).
Orders & Backlog
Q4 2025 order intake: €8.329bn. FY25 backlog: €16.083bn (+122% vs. 2024), including large defence Special Modernization Programs (SMPs) and the TESS consolidation; backlog/sales ratio LTM 2.95x. Book-to-bill: 2.34x for 2025.
Debt & Balance sheet
Net debt at December 2025: €583m (vs. net cash €86m at Dec‑2024). Net Debt / LTM EBITDA (ex-IFRS16) ~1.0x, impacted by the Hispasat payment which did not immediately contribute to EBITDA.
Capital allocation & corporate actions
Board proposed a €0.30 gross dividend per share (charged to 2025 results), payable July 9, 2026 (~>20% increase vs. 2024 dividend). In Dec‑2025 Indra completed the acquisition of a majority stake in Hispasat and announced the sale of its BPO unit for €96.6m.
Investments & other metrics
R&D and innovation spend: €472m in FY25. Exchange-rate headwind reduced reported revenue growth by ~1.5 percentage points. Net order intake grew 139% (10% excluding SMPs and TESS).
2026 Guidance
Management set 2026 targets above prior strategic-plan levels: revenues in local currency > €7bn, reported EBIT > €700m, and reported free cash flow > €375m.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
11628 M
Market cap (USD)
1,349,840
Daily traded volume (Shares)
17.09 / 16.78
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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