Divgi Torqtransfer Systems Limited — Investor Meet, 20-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Divgi TorqTransfer Systems posted record Q3 and 9M FY26 financial results. Q3 total income reached 96.3 Cr (+68% YoY), with EBITDA at 23.4 Cr (24.3% margin) and PAT at 11.8 Cr (12.2% margin).

Significant orders include 70,000 incremental transfer case units for Mahindra & Mahindra and Tata Motors' Indonesian pickup programs, beginning FY27. Development for a major Japanese OEM's pickup platform is advancing, with SOP in H1 FY28. The Components business showed impressive 117% YoY growth, driven by exports. EV transmissions anticipate ramp-up for a new product by April 2026. Management is exploring US manufacturing and aims for substantial growth in automatic transmissions, expressing confidence in achieving a 12-15% CAGR with a resilient, diversified portfolio.