Sona BLW Precision Forgings Limited Earnings Summary — Q4 FY2026
Sona BLW Precision Forgings Hits Record Quarterly Revenue Amid Steady EV Pivot
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 5 consecutive quarters.
- Revenue of ₹1,301 Cr is 52.4% higher year-on-year.
- Revenue has compounded at 18.7% annualised over the last 10 quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit of ₹180 Cr is 44.7% above the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at 9.0% annualised across the period.
- Operating margin stands at 22.6% in Q1 FY2027.
- Operating margin compressed by 152 bps year-on-year.
- Over the last two years operating margin has contracted by 543 bps.
- PBT margin is 18.5%.
- Expenses grew 55.4% against revenue growth of 52.4%.
- Operating profit of ₹293 Cr is 42.8% higher year-on-year.
- Operating leverage has been under pressure recently.
- 4 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 68/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 1,301 | 1,258 | 1,200 | 1,138 | 854 | 865 | 868 | 922 | 891 | 884 |
| Expenses | Improving | 1,008 | 962 | 904 | 854 | 648 | 633 | 634 | 670 | 642 | 637 |
| Operating Profit | Stable | 293 | 296 | 296 | 284 | 206 | 231 | 234 | 252 | 249 | 247 |
| Operating Margin | Stable | 22.6% | 23.5% | 24.7% | 24.9% | 24.1% | 26.7% | 27.0% | 27.3% | 28.0% | 27.9% |
| Other Income | Volatile | 35 | 33 | -14 | 21 | 32 | 53 | 41 | 13 | 9 | 9 |
| Interest | Accelerating | 10 | 8 | 5 | 5 | 5 | 5 | 6 | 11 | 9 | 7 |
| Depreciation | Stable | 77 | 74 | 75 | 72 | 67 | 65 | 67 | 63 | 61 | 60 |
| Profit Before Tax | Improving | 241 | 247 | 201 | 228 | 165 | 215 | 203 | 192 | 189 | 189 |
| Tax | Improving | 62 | 61 | 51 | 57 | 44 | 51 | 52 | 48 | 47 | 41 |
| Net Profit | Improving | 180 | 192 | 151 | 173 | 125 | 164 | 151 | 144 | 142 | 149 |
| Net Margin | Stable | 13.9% | 15.3% | 12.6% | 15.2% | 14.6% | 19.0% | 17.4% | 15.6% | 15.9% | 16.8% |
Key Takeaways
- Achieved record quarterly sales of INR 1,258 crores, representing a significant 45% YoY growth.
- Net profit reached INR 187 crores, the highest in the current reporting cycle, despite margin pressure.
- Operating Profit Margin (OPM) compressed to 24%, down from 27% in the same quarter last year.
- The business continues its structural pivot toward EV traction motors and high-margin differential assemblies.
- Balance sheet remains strong with relatively low leverage, even as borrowings increased to INR 442 Cr to fund expansion.
- Other income spiked to INR 33 crores in Q4, aiding the profit before tax (PBT) figure of INR 247 crores.
- Working capital cycle has shown signs of deterioration, necessitating closer monitoring of cash conversion.
Management Guidance
Management remains focused on global EV programs and maintaining a robust net order book for transition toward software-defined vehicles.
Sentiment Shift
Stable
Revenue and profit growth remain exceptionally strong, though a slight softening in OPM from peak levels is noted.
Outlook
The company is positioned as a high-quality compounder in the EV ecosystem with a focus on R&D-driven niche components and global market share expansion.
From the Annual Report (Key Quotes)
“Recent quarters show a significant increase in working capital days, reaching 156 days.”
“Sona Comstar has established itself as a premier global mobility technology player with a strong pivot toward the EV ecosystem.”
“The leadership has successfully navigated transition periods, maintaining high disclosure standards.”
Official Quarterly Documents
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This summary is AI-generated from Sona BLW Precision Forgings Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.