Sharda Motor Industries Ltd

Sharda Motor Industries Limited has announced the closure of its trading window for designated persons, connected persons, and their relatives. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the company's financial results for the second quarter of the financial year 2026-27. The decision aligns with SEBI's insider trading regulations and the company's internal code of conduct for fair disclosure and insider trading. The specific date for the board meeting to approve these financial results will be communicated separately.

Sharda Motor Industries Ltd has submitted a copy of the letter sent to shareholders, providing the web link to access the Annual Report for FY 2025-26. This communication, as per SEBI regulations, is directed to shareholders whose email addresses are not registered. The 41st Annual General Meeting (AGM) is scheduled for September 24, 2026, via video conference. The Annual Report and AGM Notice are accessible on the company's website, with a direct link provided for the report.

Sharda Motor Industries Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, in compliance with SEBI regulations. The report details the company's corporate identity, operations, employee data, and product information. Key disclosures include its CIN, registered and corporate addresses, and contact details for BRSR queries. The company's primary business activity is the manufacturing of motor vehicle parts, accounting for 98.99% of its turnover. The report also outlines its operational footprint across 12 national locations and 1 international office, serving 12 national and 2 international markets. Employee statistics, including permanent and other than permanent staff and workers, are provided, along with specific data on differently-abled employees and workers. The report confirms that disclosures are on a standalone basis.

Sharda Motor Industries Ltd has announced the record date for determining shareholder eligibility for the final dividend for the financial year ended March 31, 2026. The record date is set for Friday, September 18, 2026. The company's 41st Annual General Meeting (AGM) is scheduled for Thursday, September 24, 2026, where the adoption of financial statements and the declaration of a final dividend of Rs. 20 per equity share (1000%) will be proposed. The AGM will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Remote e-voting will commence on September 21, 2026, and conclude on September 23, 2026.

Sharda Motor Industries Ltd. has announced its 41st Annual General Meeting (AGM) scheduled for Thursday, September 24, 2026, at 12:00 Noon IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the declaration of a final dividend of ₹20 per equity share (1000%), and the re-appointment of Shri Kishan N Parikh as Director. The company is facilitating remote e-voting for shareholders, with the voting period commencing on September 21, 2026, and concluding on September 23, 2026. The record date for dividend entitlement and e-voting eligibility is September 18, 2026. Book closure for the AGM is from September 19 to September 24, 2026.

Sharda Motor Industries Ltd has released its Annual Report for the financial year 2025-26. The report details the company's performance, including FY26 revenue of ₹33,968 million (~$361 million) and EBITDA of ₹4,190 million (~$45 million). The company also announced its 41st Annual General Meeting (AGM) scheduled for September 24, 2026, to be held via Video Conferencing. The Annual Report and AGM notice have been dispatched electronically to shareholders. Sharda Motor highlights its business verticals, R&D capabilities, market share in emission control and control arms, and its manufacturing footprint across India and South Korea. The company holds key industry certifications like IATF 16949:2016, ISO 14001:2015, and ISO 45001:2018.

Sharda Motor Industries Ltd. announced its unaudited financial results for the first quarter of FY27 ended June 30, 2026. The company's Board of Directors also approved the re-appointment of M/s Gurdeep Singh & Associates as Cost Auditors for FY27 and the appointment of Mr. Ajay Relan as Whole-time Director for a 5-year term from September 1, 2026. The financial results, along with the limited review report, have been submitted and are available on the company's website.

Sharda Motor Industries Ltd announced the outcome of its Board Meeting held on August 10, 2026. The Board considered and approved the Un-audited Financial Results (Standalone & Consolidated) for the first quarter of the financial year 2026-27 ended June 30, 2026. Additionally, the Board approved the re-appointment of M/s Gurdeep Singh & Associates as Cost Auditors for FY 2026-27 and the appointment of Mr. Ajay Relan as Whole-time Director for a term of 5 years from September 01, 2026, subject to member approval.

Sharda Motor Industries Ltd announced that its Board of Directors, in a meeting held on August 10, 2026, approved the Unaudited Financial Results (Standalone & Consolidated) for the first quarter of the financial year 2026-27, ended June 30, 2026. The board also approved the re-appointment of M/s Gurdeep Singh & Associates as Cost Auditors for FY 2026-27 and the appointment of Mr. Ajay Relan as Whole-time Director for a term of 5 years from September 01, 2026, subject to member approval. Detailed disclosures for these appointments are provided in Annexure-B.

Sharda Motor's consolidated revenue from operations rose 33.7% YoY (and 4.0% QoQ) to ₹1,011.07 Cr in Q1 FY27, but consolidated PAT fell 13.4% YoY (-3.2% QoQ) to ₹86.53 Cr. The reported YoY decline is exaggerated by base effects: Q1 FY26 carried a ₹22.41 Cr exceptional gain from sale of PPE classified as held-for-sale, absent this quarter. Tax-effecting that one-off, adjusted YoY PAT growth is roughly +4.6% — a steady underlying print rather than the double-digit decline the headline number suggests. We found no analyst/consensus estimates for this quarter, so vsStreet is unknown. Margins compressed on both counts: net profit margin (PAT/total income) fell to ~8.3% from ~12.8% a year ago and ~9.0% last quarter, while operating margin (profit before exceptional items and tax/total income) fell to ~11.0% from ~16.0% YoY and ~11.8% QoQ. This runs counter to management's May 2026 concall framing that lightweighting margins were "decent and expected to improve" and that export margins would broadly track domestic margins — on this quarter's numbers, margin expansion has not yet shown up even as the topline growth management guided to (steady demand from new lightweighting/suspension orders and FY27 SOPs) is clearly visible in the 33.7% YoY revenue jump. No standalone/consolidated management press release was available in the context to cross-check company framing directly. Corporate developments this quarter were largely governance items rather than operational: the Board re-appointed Gurdeep Singh & Associates as cost auditors for FY27 and appointed Mr. Ajay Relan (currently Managing Director) as Whole-time Director for five years from September 1, 2026 — a succession-adjacent move given he is father of CEO Aashim Relan — alongside the routine trading-window closure ahead of results. None of these directly move the P&L this quarter. Standalone and consolidated results are closely aligned (PAT ₹85.78 Cr vs ₹86.53 Cr, EPS ₹14.94 vs ₹15.07), so the basis choice doesn't change the read. Going into Q2, the print sets up a test of whether the margin compression is transient (base-effect and mix related) or the start of a trend, against management's FY27 capex plan of ₹90-110 Cr for R&D and new facility readiness.