| Revenue growth | Q2 revenue ₹1,211.2 Cr, +54% YoY; H1 ₹2,222.3 Cr, +44%. |
|---|---|
| Margins | Q2 EBITDA margin 10.4%; H1 10.3%; peer comparison not given. |
| Order book | H1 strategic orders US$61.5M lifetime value; no total order book given. |
| Demand visibility | Industry demand healthy; Q3 FY27 growth may moderate on high base. |
| Management confidence | Balanced; 'measured outlook' with Q3 moderation caveat. |
Growth
Q2 EBITDA ₹125.7 Cr, +24%, 10.4% margin; revenue +54% outpaced EBITDA on new-programme startup costs.
Outlook
SOPs: North American genset Q3 FY27; premium 2W Q1 FY28; control arm Q4 FY28. No revenue or margin guidance.
Risks
Q3 growth may moderate on high base; non-indexed commodity costs; US tariff and trade uncertainty.
Earnings Call Transcript filed with NSE, NSE: SHARDAMOTR. Summary written with AI assistance from the document.
Sharda Motor Industries Ltd: key numbers
- Share price
- ₹964.75
- Market cap
- ₹5,538 Cr
- Revenue (annual)
- ₹3,397 Cr
- Net profit (annual)
- ₹345.4 Cr
- P/E (TTM)
- 15.5×Sector 33.1×
- 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.
More from Sharda Motor Industries Ltd
All →Sharda Motor Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹1,211 Cr (+54% YoY), EBITDA ₹126 Cr (10.4% margin), PAT ₹99 Cr (+33% YoY). Growth driven by lightweighting and export ramp-up.
Sharda Motor Industries Management Change
Sharda Motor Industries appointed P. Kaniappan as Non-Executive Independent Director for 36 months from 12 November 2026. He brings over four decades of automotive operations experience.
- Execution
- 36 months from 12 November 2026
Sharda Motor Industries Q2 FY27 Results: Net Profit ₹99.4 Cr, Up 33.1% YoY
Sharda Motor Industries Ltd reported revenue from operations of ₹1,211 Cr (+53.9% YoY) and net profit of ₹99.4 Cr (+33.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹99.4 Cr · +33.1% YoY
Sharda Motor Industries Board Meeting Date
Sharda Motor Industries Ltd has scheduled a board meeting on November 12, 2026. The board will consider and approve the company's unaudited financial results for Q2 FY27.
Sharda Motor Industries Capacity Expansion
Sharda Motor Industries received the factory license for its new Haridwar plant from the Uttarakhand Government, marking progress in its capacity expansion project.
Sharda Motor Industries Other Announcement
Sharda Motor Industries Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI regulations.