Investor Presentation - 31/03/2026

Sharda Motor Industries reported strong revenue growth with Q4 FY26 revenue of ₹972 crore (up 30% YoY) and full-year FY26 revenue of ₹3,397 crore (up 20% YoY). However, profitability margins contracted as EBITDA margin fell to 12.3% in FY26 from 14.0% in FY25, impacted by higher input costs and raw material prices (Cost of Goods Sold increased significantly). PAT grew 10% to ₹345 crore with 5-year CAGR of 23.4%. The company serves passenger vehicles (52% of revenue), commercial vehicles (44%), and others (4%). Key highlights include a technology licensing agreement with Donghee Industrial Korea for advanced lightweighting parts, multiple new orders worth up to $40M in lifetime value, and a China+1 export strategy targeting Europe and USA markets. Gross tangible assets increased to ₹579 crore in FY26 from ₹355 crore in FY21, indicating ongoing capex investment.