As per attachment
NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto reported its highest-ever Q4 EBITDA margin of 11.90% (INR27.36 crore) on total income of INR229.89 crore (+19% YoY). Full-year FY26 total income stood at INR825.45 crore (+15%) with EBITDA of INR93.57 crore (11.34% margins) and PAT of INR61.94 crore (+16%). ROCE was a strong 36.22%. The order book grew to INR650 crore (highest ever), entirely from new Maruti Suzuki models, giving revenue visibility till FY30. Management guided that current ~11.5% EBITDA margins are sustainable going forward, citing normal product mix and vendor volume discounts. The INR3,000 crore revenue target for FY30 was reiterated, with INR500 crore expected from existing customers/products and the balance to be clarified later. Bharat Seats target was revised upward to INR3,500 crore by FY30. New products including seat inserts, ambient lighting, and seat belt reminders are on track with capex ongoing.
Strong operational performance with record margins and a growing order book provide multi-year revenue visibility. The shift from INR450 crore to INR650 crore order book and management confirming margin sustainability signals execution confidence, though investors should note the lack of near-term revenue guidance for FY27 and the pending clarity on INR1,000 crore of the FY30 target.