Sharda Motor Industries Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sharda Motor Industries reported Q2 FY26 revenues of INR 787.2 Cr (up 11% YoY) and Gross Profit of INR 194.9 Cr (up 4% YoY). EBITDA stood at INR 101 Cr (12.8% margin), impacted by product mix and higher catalyst prices. PAT was INR 74.7 Cr. H1 FY26 PAT rose to INR 174.6 Cr, benefiting from a INR 22.4 Cr exceptional gain from a land sale.

The company secured a technology license with Donghee Industrial (Korea) to strengthen its suspension portfolio (control arms, subframes, torsion beams) for the PV market. Two new lightweighting orders worth US$70 million lifetime value were announced, alongside a US$24 million export order. Management remains positive on the auto industry demand and is focused on scaling lightweighting and global business verticals through new technology and M&A.