Sharda Motor Industries Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Q4 FY26 consolidated revenues reached INR 971.8 Cr, a 30% YoY jump, with PAT at INR 89.4 Cr. Full-year FY26 revenues were INR 3,396.8 Cr (up 20%), yielding PAT of INR 345.4 Cr. Gross profit growth is in line with the industry.

Lightweighting is a key growth pillar, with market share increasing to ~14% and orders poised to triple by FY28. New Donghee TLA adds subframes and torsion beams, targeting an INR 4,000-10,000 content increase per vehicle, boosted by CAFE III norms. Exports are a strategic focus, securing a ~$10M lifetime order from a global agri equipment OEM for Europe and a new U.S. heavy industry firm order. The North American engine manufacturer SOP is now expected in Q3 FY27.

Management is optimistic about FY27, foreseeing steady demand driven by new orders and supportive OEM volumes. The company is strategically positioning for future growth drivers.