SCHAEFFLERNSESchaeffler India LimitedMediumNeutral
Announced Wed, 6 May · 14:24 IST

Schaeffler India Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

SCHAEFFLER · price

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₹4147.90
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AI summary

Schaeffler India reported Q1 CY26 revenue of INR 2,507 crores, up 18.8% YoY but down 5.1% QoQ. EBITDA stood at INR 483 crores with 19.3% margin, while PAT was INR 319.7 crores (12.8% YoY growth). Automotive Technologies led with 30.8% YoY growth, driven by strong ICE and hybrid demand. Bearings and Industrial Solutions saw a 14.3% QoQ drop due to planned portfolio recalibration amid intensifying competition. Exports grew strongly at 32.5% YoY with full-year outlook of 10-12% growth. The company faces input cost pressures from fuel price increases due to Middle East geopolitical situation, with price pass-through taking 6-18 months. Working capital improved to 17.9% of sales, and localization reached 80%. EV subsidiary KRSV remains loss-making with EBITDA margin of -13.4%.

Likely market impact

Schaeffler India delivered strong YoY growth but faced sequential headwinds in industrial bearings due to portfolio corrections and market liquidity issues. The company maintains margin discipline despite input cost pressures, and the robust automotive segment performance offset weakness elsewhere. Investors should monitor the impact of fuel cost inflation on margins in coming quarters.