Sharda Motor Industries Limited — Investor Meet, 18-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sharda Motor's Q1 FY26 saw revenue up 10% YoY to INR 756.2 Cr, with gross profit up 5% to INR 189.5 Cr. EBITDA rose 3% to INR 98.4 Cr (13% margin), and PAT hit INR 99.9 Cr, boosted by a land sale gain. Management is bolstering leadership and innovation (15 patents). Key growth areas include new export wins (pilot orders, 12-18 month SOPs) and light weighting, especially control arms. Efforts are underway to expand into non-PV segments to mitigate EV risk. Over INR 800 Cr cash surplus is earmarked for light-weighting and M&A. Confident on long-term growth, but no short-term guidance due to market dynamics.