Schaeffler India Limited has informed the Exchange about Transcript
SCHAEFFLER · price
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Schaeffler India reported Q2 CY'25 revenue of INR 2,282 crores, up 8.2% QoQ and 10.1% YoY, with EBITDA margin improving to 19.7% (from 19.3% QoQ) and PAT at INR 296 crores (13% margin). Free cash flow was strong at INR 287 crores. The company inaugurated its 5th manufacturing facility at Shoolagiri and began series production of e-axles for the Tata Harrier EV platform. Export business grew 23% in H1, now 16% of mix, with all exports going to sister companies. Localization rose to 78%+. Management indicated Schaeffler Group has committed €500 million investment in India over 5 years from 2026 (~€100M/year), and CAPEX this year is moderated to focus on capital efficiency. Consolidated margins stood at 18.7% EBITDA, with subsidiary Koovers still loss-making at -15% EBITDA. Capacity utilization across plants is above 80-85%.
Strong broad-based growth and margin improvement signal operational health despite mixed industry conditions, while the parent's €500M 5-year investment commitment and new e-axle production reinforce long-term growth visibility. Investors should note management's reluctance to disclose plant-level revenue potential and e-axle content per vehicle due to NDAs, which may limit visibility into the e-mobility ramp-up economics.