Sona BLW Precision Forgings Ltd
P&L
Quarterly Consolidated
vs Q3 FY26
Sona Comstar Q4 FY26 Revenue up 47%, PAT up 17%; Wins 4 new driveline programs
30 Apr 2026 · 30 Apr, 5:12 pm
Summary
Sona BLW Precision Forgings Ltd. (Sona Comstar) announced robust financial results for Q4 and the full fiscal year ended March 31, 2026, marking its strongest quarter ever with highest-ever revenue, EBITDA, and PAT. Q4 FY26 revenue soared by 47% year-on-year to ₹1,272 crores, alongside a 32% increase in EBITDA to ₹311 crores, achieving a healthy margin of 24.4%. Profit after tax for the quarter also saw a significant 17% growth year-on-year to ₹192 crores. For the entire FY26, the company reported a 26% year-on-year revenue growth, reaching ₹4,475 crores, with Adjusted PAT growing 11% to ₹670 crores. Management highlighted strategic progress, including new European OEM wins and the commercialization of new railway products, reinforcing the view that hybrid programs present an opportunity, not a risk.
Key Highlights
- 1
Sona BLW Precision Forgings Ltd. achieved its highest-ever quarterly Revenue, EBITDA, and Profit After Tax (PAT) in Q4 FY26.
- 2
Q4 FY26 revenue surged by 47% year-on-year to ₹1,272 crores, while EBITDA grew by 32% year-on-year to ₹311 crores, reflecting a 24.4% margin.
- 3
Profit after tax for Q4 FY26 increased by 17% year-on-year to ₹192 crores, with a net profit margin of 14.7%.
- 4
Revenue from Battery Electric Vehicles (BEV) reached an all-time high of 39% of total revenue in Q4 FY26, growing 22% year-on-year to ₹359 crores.
- 5
During Q4 FY26, the company secured four new driveline programs, including three EV programs and, for the first time, three orders from European OEMs.
- 6
For the full financial year 2026, revenue stood at ₹4,475 crores, marking a 26% year-on-year growth, with an EBITDA of ₹1,107 crores and a margin of 24.7%.
- 7
Adjusted PAT for FY26 grew by 11% year-on-year to ₹670 crores, achieving a net profit margin of 14.7%.
Management Comments
Vivek Vikram Singh
Q4 FY26 was our strongest quarter financially and an important step forward in our strategic and technology roadmap, with new customers added in Europe and two new railway products commercialized. We delivered our best-ever quarter, with the highest revenue, EBITDA, PAT, BEV revenue and BEV revenue share. Revenue grew by 47% year on year, primarily driven by growth in EV traction and suspension motors, differential gears, differential assemblies along with consolidation of railway business. BEV revenue grew 22% year on year, and BEV revenue share reached an all-time high of 39%. During the quarter, we won four driveline orders which includes three EV programs and one hybrid program. For the first time, we won three orders from European OEMs, and this is our first EV program win from Europe in almost four years. The hybrid program wins reinforce our view that hybrids are an opportunity for us, not a risk. In Railways, we have commercialized two new products - Electric control panels and HVAC systems- further expanding our offerings in this business.
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