NSE: SCHAEFFLER · BSE: 505790
SCHAEFFLER INDIA LIMITED
Manufactures and sells mobility components and related solutions for the automotive and industrial sectors in India. In the quarter ended 31 March 2026, the Mobility components and related solutions segment contributed 79.2% of segment revenue (₹1,985.54 crore, EBIT ₹280.22 crore) and the Others segment 20.8% (₹521.42 crore, EBIT ₹101.28 crore). The product range covers bearings (cylindrical roller and deep groove ball bearings), clutches, FEAD kits, overrunning alternator pulleys (OAPs), engine components and e-axles, sold to OEMs across passenger vehicles, commercial vehicles, two/three-wheelers and tractors, alongside an industrial business serving cement, steel and power transmission. Q2 CY26 standalone revenue was ₹2,681 crore (+17.5% YoY) with EBITDA margin of 19.1%; automotive technologies grew 33% YoY and exports grew 24% YoY on intercompany allocations. The company runs five manufacturing plants in India (including Maneja and Savli) with over 3,800 employees, has localisation at around 80%, and operates a Vehicle Lifetime Solutions aftermarket channel including REPXPERT vans. Key input cost pressures flagged are LPG, freight, FX and steel. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Mobility components and related solutions (79%), Others (21%). Cyclical auto-component manufacturer with a domestic-OEM-heavy mix and growing exports to the German parent group; asset-heavy with five Indian plants.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | — | — | — |
| EBITDA (ex other income) | — | — | — |
| margin % | — | — | — |
| Owners' profit | — | — | — |
| EPS, as reported (₹) | — | — | — |
| ROE % · ROCE % | — · — | — · — | — · — |
| Debt / equity (x) | — | — | — |
| Cash from operations | — | — | — |
| Capex | — | — | — |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,116 | 2,136 | 2,174 | 4,527 | 2,435 | 2,724 | 2,586 | 2,761 |
| Profit before tax | 322 | 326 | 342 | 733 | 395 | 434 | 429 | 443 |
| Net profit | 236 | 237 | 252 | 539 | 289 | 322 | 316 | 326 |
| EPS (₹) | 15.10 | 15.20 | 16.10 | 34.50 | 18.50 | 20.60 | 20.20 | 20.80 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| (a) Mobility components and related solutions | 2,064 | 16.8 |
| Others | 2,660 | 21.7 |
| Mobility components and related solutions | 7,547 | 61.5 |
| Total, before eliminations | 12,271 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,69,176 | 38.6 | 3.87 | 15.1 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,39,756 | 59.1 | 9.41 | 34.3 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 83,937 | 118.9 | 8.78 | 30.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 63,520 | 52.8 | 8.75 | 29.1 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED ◆ | 56,735 | 45.3 | 9.23 | — | 10.4 | 14.1 | — | 19.4 |
| SONA BLW PRECISION FRGS L | 54,705 | 78.5 | 8.92 | 47.5 | 10.3 | 12.9 | — | 25.1 |
| TUBE INVEST OF INDIA LTD | 41,237 | 67.9 | 2.90 | 15.9 | 7.9 | 12.4 | 30.3 | 10.6 |
| ENDURANCE TECHNO. LTD. | 32,484 | 33.5 | 4.75 | 15.9 | 13.9 | 15.6 | 17.4 | 13.2 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 45.3 | 25.3 | 92 of 119 | 23% |
| P/B | 9.2 | 3.2 | 109 of 117 | 7% |
| ROCE | 14.1 | 12.6 | 53 of 125 | 58% |
| ROE | 10.4 | 11.7 | 68 of 117 | 42% |
| Debt / Equity | 0.0 | 0.3 | 1 of 117 | 85% |
| EBITDA margin | 19.4 | 12.2 | 17 of 118 | 86% |
| Revenue growth | (39.0) | 20.2 | 110 of 113 | 3% |
| Profit growth | (39.5) | 24.4 | 100 of 115 | 13% |
| Market cap | 56735 | 1460 | 5 of 126 | 97% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Schaeffler India schedules 13 analyst and investor meetings for November 2-5, 2026 | board shareholder meetings | low | — | — |
| 27 Oct 2026 · GST penalty of INR 13.85 crore; company plans appeal | regulatory legal | high | — | — |
| 27 Oct 2026 · Schaeffler India posts strong Q3 and nine-month growth | compliance | low | — | — |
| 27 Oct 2026 · Cost auditor appointed and September quarter results approved | management changes | medium | — | — |
| 27 Oct 2026 · Board approves September 2026 quarter results | results | high | — | — |
| 27 Oct 2026 · Promoter group may sell a small part of its 74.13% stake | compliance | minimal | — | — |
| 23 Oct 2026 · High Court stays investigation into company chief executive | regulatory legal | high | — | — |
| 22 Oct 2026 · Schaeffler India Q3 FY26 earnings call scheduled for Oct 29 | board shareholder meetings | low | — | — |
| 21 Oct 2026 · Earnings call set for October 29, 2026 | board shareholder meetings | low | — | — |
| 20 Oct 2026 · Schaeffler India MD taken into police custody in factory accident probe | regulatory legal | critical | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.