| Revenue growth | 34% YoY for Q1 FY27 |
|---|---|
| Margins | EBITDA margin at 10.2%, lower than 13.0% in Q1 FY26. |
| Order book | Significant new orders announced with SOPs ranging from FY26 to FY28. |
| Demand visibility | Strong pipeline for PV/CV emission and lightweighting components. |
| Management confidence | High |
Growth
Revenue grew 34% YoY to ₹1,011.1 Cr; PAT however declined 13% YoY to ₹86.5 Cr.
Outlook
Strong order pipeline in lightweighting and exports (USA/Europe). Target CPV increase from ₹2K-₹8K to ₹6K-₹18K via TLA.
Risks
EBITDA margins contracted from 13.0% to 10.2% YoY. PAT impacted by lower exceptional gains versus Q1 FY26.
Last quarter's promises, checked
Delivered
- SOP for lightweighting in FY26 → delivered (SOP started per plans)
- Lightweighting market share growth → delivered 14% vs 12.5% YoY (= BEAT)
- Revenue growth better than industry → delivered 30% YoY in Q4 (= BEAT)
Partly delivered
- SOP for North American engine manufacturer → delayed from Q2 to Q3 FY27 (= PARTIAL)
Missed
- EBITDA growth vs Revenue growth → delivered 12% EBITDA growth on 30% Revenue growth (= MISS)
Investor Presentation 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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