Sharda Motor Industries Limited — PPTs, 14-11-2024: Investor Presentation

**Financial Highlights:**

Sharda Motor Industries recorded a revenue from operations of ₹711.3 crore in Q2FY25, reflecting a 7% decrease year-over-year but a modest 4% increase from the previous quarter. Despite challenges, the company maintained a healthy EBITDA of ₹105.4 crore with a margin of 14.8%, up from 13.0% in Q2FY24. The profit after tax (PAT) stood at ₹78.7 crore, resulting in a PAT margin of 11.1%, demonstrating the company's resilience in a competitive market.

**Strategic Initiatives and Growth Drivers:**

Sharda Motor aims to capitalize on tightening emission regulations, especially with the upcoming TREM V standards, that will likely enhance their product demand, particularly in the agriculture and off-road vehicle segments. The launch of new facilities and joint ventures, such as the one with Purem, further supports their strategic growth vision.

**Business Developments:**

The company plans to expand its lightweighting vertical to meet evolving market needs, focusing on advanced materials and manufacturing processes. Their broad customer base across passenger and commercial vehicles positions them favorably for upcoming trends in electrification and emission standards.

**Market Position and Competitive Advantage:**

With a market share of approximately 30% in passenger vehicle emission control systems in India, Sharda Motor is well-equipped to leverage its advanced technology and operational efficiencies. The company's strategic location and focused R&D efforts enhance its competitive edge.

**Investor Implications:**

Amidst an evolving regulatory landscape and growing market demand for emission solutions, Sharda Motor presents a positive outlook for investors, with significant potential for growth in emerging segments supported by their innovative product portfolio and established market presence.