Sharda Motor Industries Limited — PPTs, 12-11-2025: Investor Presentation

Here's a concise summary for retail investors:

**Business Performance:** Sharda Motor saw Q2FY26 revenue jump 11% YoY to ₹787.2 Cr, with half-year revenue also up 11% to ₹1,543.5 Cr. While Q2 PAT dipped 5% YoY to ₹74.7 Cr, H1 PAT grew 12% to ₹174.6 Cr. The company holds strong market shares: ~30% in PV/LCV exhaust systems and ~12.5% in control arms.

**Growth Drivers & Strategy:** A key focus is lightweighting, driven by stricter CAFÉ norms and EV penetration. SMIL partnered with Donghee Industrial for advanced suspension tech to significantly boost content per vehicle. The company is also expanding its Global Business Vertical, leveraging the 'China+1' trend for exports to Europe and USA, targeting emission and tube components.

**Recent Developments:** SMIL secured significant new orders in FY26, including ~USD 24M LTV for heavy industry emissions and ~USD 70M LTV for suspension links/control arms from a fast-growing PV company, with production starting Q1/Q4 FY28. The Lightweighting Vertical was established, and a new plant in Chakan opened.

**Key Financial Metrics:** Q2FY26 EPS stood at ₹13.0, and H1FY26 EPS at ₹30.4.

**Management Outlook:** Future growth hinges on scaling the lightweighting business, increasing exports, capturing opportunities from tightening domestic emission norms (TREM V, BS 7), and exploring M&A in powertrain-agnostic products.