Sharda Motor Industries Limited — Investor Meet, 16-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

The company reported Q3 FY26 consolidated revenue of INR 881.6 Cr (+28% YoY) and PAT of INR 81.4 Cr. For 9M FY26, revenue stood at INR 2,425 Cr (+16% YoY) with PAT at INR 256 Cr. Management is optimistic about the auto industry's growth, supported by demand and favorable policies, anticipating continued momentum in Q4.

Significant operational wins include new lightweighting orders (USD 3M annual, USD 15M lifetime) and increased volumes on existing programs (USD 5M annual, USD 25M lifetime). New export orders total USD 3.7M annual, USD 18.5M lifetime. The Donghee partnership enhances R&D for advanced suspension components. A new INR 20 Cr Uttarakhand facility is planned to boost manufacturing capacity.

Q&A addressed Q3 gross profit growth lagging industry, attributing it to inventory in the value chain, with future growth expected from new verticals. The JV contribution remains modest but is improving. Lightweighting's strong win rate is driven by R&D, local capabilities, and the Donghee collaboration. Management is exploring AI for internal processes and potential growth in AI-related infrastructure. The company is strategically expanding capabilities and market reach.