| Revenue growth | 34% YoY growth; consolidated revenue reached ₹1011.1 crore. |
|---|---|
| Margins | EBITDA margins slightly pressured at 10.2% due to RM premiums. |
| Order book | Significant export orders totaling $58.5M lifetime value; SOPs pending. |
| Demand visibility | Positive across SUV, LCV, and infrastructure-led commercial vehicle segments. |
| Management confidence | Balanced; 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)
Earnings Call Transcript filed with BSE, NSE: SHARDAMOTR. Summary written with AI assistance from the document.
Sharda Motor Industries Ltd: key numbers
- Share price
- ₹903.85
- Market cap
- ₹5,189 Cr
- Revenue (annual)
- ₹3,397 Cr
- Net profit (annual)
- ₹345.4 Cr
- P/E (TTM)
- 15.6×Sector 32.5×
- Promoter holding
- 64.31%+0.00% QoQ
- FII holding
- 1.53%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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