NSE: SEDEMAC · BSE: 544723
SEDEMAC MECHATRONICS LTD
Designs and manufactures control-intensive electronic control units (ECUs) for motorcycles, three-wheelers, electric two- and three-wheelers, and stationary gensets. The Mobility segment, covering ICE ISG (integrated starter generator) ECUs for 2W and 3W, EFI ECUs, electric motor control units for e2W and e3W, and after-treatment controllers for commercial vehicles, generated ₹910.57 cr or 86% of FY26 revenue. The Industrial segment, covering genset EFIs and power-tool controllers, generated ₹147.81 cr or 14% of revenue. FY26 revenue of ₹1,058.38 cr was up 61% year-on-year, the first crossing of the ₹1,000 cr mark. New manufacturing capacity is being added through MF3 and MF4 plants plus a Shoolagiri land parcel for southern India. Materials at 62.6% of revenue are the largest cost; mild EBITDA margin pressure is flagged for FY27 from raw materials and semiconductor supply. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Mobility (86%), Industrial (14%). Capital-efficient auto electronics supplier; high-growth, capex-heavy (~13% of revenue)
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 1,058 |
| EBITDA (ex other income) | 217 |
| margin % | 20.5 |
| Owners' profit | 104 |
| EPS, as reported (₹) | 23.91 |
| ROE % · ROCE % | 23.1 · 31.0 |
| Debt / equity (x) | 0.11 |
| Cash from operations | 128 |
| Capex | (139) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue | 288 | 310 |
| Profit before tax | 42 | 41 |
| Net profit | 32 | 33 |
| EPS (₹) | 7.32 | 7.54 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Mobility | 258 | 89.8 |
| Industrial | 29 | 10.2 |
| Total, before eliminations | 288 | 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 | 1,66,707 | 38.1 | 3.82 | 14.8 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,34,520 | 56.9 | 9.06 | 33.0 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 84,295 | 119.4 | 8.82 | 30.4 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 62,653 | 52.0 | 8.63 | 28.8 | 17.7 | 15.7 | 25.3 | 10.4 |
| SCHAEFFLER INDIA LIMITED | 57,518 | 45.9 | 9.36 | — | 10.4 | 14.1 | — | 19.4 |
| SONA BLW PRECISION FRGS L | 52,988 | 76.1 | 8.64 | 46.0 | 10.3 | 12.9 | — | 25.1 |
| TUBE INVEST OF INDIA LTD | 40,753 | 67.2 | 2.87 | 15.8 | 7.9 | 12.4 | 30.3 | 10.6 |
| ENDURANCE TECHNO. LTD. | 32,042 | 33.0 | 4.68 | 15.7 | 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) | 210.3 | 25.0 | 117 of 119 | 2% |
| P/B | 30.7 | 3.3 | 116 of 117 | 1% |
| ROCE | 29.3 | 12.6 | 7 of 125 | 95% |
| ROE | 23.1 | 11.7 | 10 of 117 | 92% |
| Debt / Equity | 0.1 | 0.3 | 43 of 117 | 64% |
| EBITDA margin | 19.4 | 12.2 | 18 of 118 | 86% |
| Market cap | 13804 | 1455 | 22 of 126 | 83% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · Allotment of 44,610 equity shares under ESOP plans | capital market events | low | — | — |
| 13 Oct 2026 · SEDEMAC grants 82,400 stock options to employees under ESOP 2025 | general | low | — | — |
| 13 Oct 2026 · SBI Mutual Fund crosses 5% stake in Sedemac Mechatronics via market purchase | ownership changes | high | — | — |
| 8 Oct 2026 · Routine dematerialisation compliance certificate for Sep 2026 quarter | compliance | minimal | — | — |
| 7 Oct 2026 · NSE and BSE grant in-principle approval for 9,75,000 ESOP shares | capital market events | low | — | — |
| 3 Oct 2026 · Highest-ever quarterly ECU sales, up 37.5% YoY; crosses 1M ISG+EFI units | business updates | medium | — | — |
| 28 Sept 2026 · Trading window closed from Oct 1 ahead of Q2/H1 FY27 results | compliance | minimal | — | — |
| 28 Sept 2026 · Xponentia Group sells 6.42 percent stake in Sedemac Mechatronics via open market | ownership changes | high | — | — |
| 25 Sept 2026 · SEDEMAC Mechatronics starts limited production at new Pune plant MF3 | capex operations | medium | — | — |
| 15 Sept 2026 · ICRA upgrades SEDEMAC rating to A Positive; outlook revised | credit debt | medium | — | — |
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.