Thursday, 8 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Sharda Motor Industries Earnings Call Transcript: Key Takeaways

Revenue surged 34% YoY, but EBITDA growth lagged at 5% due to high RM costs and a supplier fire impact.

Highlights
Revenue growth34% YoY growth; consolidated revenue reached ₹1011.1 crore.
MarginsEBITDA margins slightly pressured at 10.2% due to RM premiums.
Order bookSignificant export orders totaling $58.5M lifetime value; SOPs pending.
Demand visibilityPositive across SUV, LCV, and infrastructure-led commercial vehicle segments.
Management confidenceBalanced; focused on disciplined execution and multi-powertrain diversification.

Growth

Topline growth driven by utility vehicles and LCV segments, offset by RM procurement premiums.

Outlook

Strong order book visibility with $58.5M lifetime value export orders ramping through FY27.

Risks

Raw material volatility, geopolitical risks, and client-specific supply chain disruptions threaten margins.

Last quarter's promises, checked

Delivered

  • Uttarakhand facility progress → On track as per plan (= BEAT)
  • Chakan 3 lightweighting plant → Commenced SOP (= BEAT)
  • R&D patent filings → Filed 2 more, total 22 (= BEAT)

Partly delivered

  • Revenue growth → 30% YoY delivered vs 34% in current summary (= PARTIAL)

Missed

  • North American engine SOP → Delayed from Q2 to Q3 FY27 (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: SHARDAMOTR. Summary written with AI assistance from the document.

Read the document ↗

Sharda Motor Industries Ltd: key numbers

Share price
₹924.85
Market cap
₹5,309 Cr
Revenue (annual)
₹3,397 Cr
Net profit (annual)
₹345.4 Cr
P/E (TTM)
16.0×Sector 31.7×
Promoter holding
64.31%+0.00% QoQ
FII holding
1.73%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Sharda Motor Industries Ltd

All →
16:59 IST BSE
Annual General Meeting

Sharda Motor Industries Annual General Meeting

Sharda Motor Industries Ltd held its 41st Annual General Meeting on September 24, 2026, where shareholders considered financial statements, dividends, and director re-appointments.

16:51 IST BSE
Other Announcement

Sharda Motor Industries Other Announcement

Sharda Motor Industries has submitted its Business Responsibility and Sustainability Report for the financial year 2025-26 as per SEBI listing regulations.

16:33 IST BSE
Annual General Meeting

Sharda Motor Industries Annual General Meeting

Sharda Motor Industries will hold its 41st AGM on September 24, 2026, to adopt financial statements and approve dividend payments and director remuneration.

16:27 IST BSE
Annual Report

Sharda Motor Industries Annual Report

Sharda Motor Industries Ltd has filed its Annual Report for the financial year 2025-26 with the stock exchanges. The report accompanies the 41st AGM notice.

18:58 IST NSE
Management Change

Sharda Motor Industries Management Change

Sharda Motor Industries has appointed Mr. Ajay Relan as Executive Director and re-appointed Gurdeep Singh and Associates as Cost Auditors.