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Sona BLW Precision Forgings Results: Latest Quarterly Results & Analysis

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Sona BLW Precision Forgings Ltd. 27 Oct 2025 17:23 PM

Q2FY26 Quarterly Result Announced for Sona BLW Precision Forgings Ltd.

Auto Parts & Equipment company Sona BLW Precision Forgings announced Q2FY26 results

  • Revenue of Rs 1,144 crore with 24% YoY growth.
  • EBITDA of Rs 289 crore with a margin of 25.3% and 13% YoY growth.
  • PAT of Rs 173 crore with a net profit margin of 14.9% and 20% YoY growth.
  • Revenue share from Battery Electric Vehicles (BEV) at 32%.

Vivek Vikram Singh, MD & Group CEO, said: “We achieved our highest-ever quarterly revenue, EBITDA, and net profit in Q2FY26. Our revenue grew by 24% YoY, primarily driven by the expansion of our electric vehicle traction motor and railway business in India. Due to the unavailability of heavy rare-earth magnets, we shifted to alternative motor designs and now manufacture light rare-earth magnet motors for electric two-wheelers. We have developed a rare-earth-free ferrite-assisted synchronous reluctance motor for three-wheelers and light commercial vehicles. It was also a successful quarter for business development as we won several significant new orders. We have been nominated for two additional programs one in Asia and the other in Europe to supply our motors and motor controllers for predictive active suspension systems. These nominations are important as they indicate that our innovative suspension system is gaining wider acceptance just months after its first commercial launch. We received our first order from our new driveline plant in Mexico to supply differential assemblies to an OEM in the USA, amid ongoing trade uncertainties. Lastly, we are partnering with Neura Robotics to jointly develop advanced components and technologies, with a focus on industrializing robots, cobots, and humanoids in India and other markets.”

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Auto Parts & Equipment company Sona BLW Precision Forgings announced Q1FY26 results

  • Revenue: Rs 8,509 million, change -5% YoY.
  • EBITDA: Rs 2,205 million, change -19% YoY.
  • EBITDA Margin: 23.8% for Q1FY26.
  • PAT: Rs 1,247 million, change -12% YoY.
  • PAT Margin: 14.3% for Q1FY26.

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Auto Parts & Equipment company Sona BLW Precision Forgings announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue: Rs 8,684 million compared to Rs 8,853 million during Q4FY24, change -2%.
  • EBITDA: Rs 2,350 million compared to Rs 2,481 million during Q4FY24, change -5%.
  • EBITDA margin: 27.1% for Q4FY25.
  • PAT: Rs 1,641 million compared to Rs 1,487 million during Q4FY24, change 10%.
  • PAT margin: 18.8% for Q4FY25.

FY25 Financial Highlights:

  • Revenue: Rs 35,545 million compared to Rs 31,848 million during Q4FY24, change 12%.
  • EBITDA: Rs 9,753 million compared to Rs 9,021 million during Q4FY24, change 8%.
  • EBITDA margin: 27.4% for Q4FY25.
  • PAT: Rs 6,012 million compared to Rs 5,173 million during Q4FY24, change 16%.
  • PAT margin: 16.9% for Q4FY25.

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Auto Parts & Equipment company Sona BLW Precision Forgings announced 9MFY25 & Q3FY25 results

Q3FY25 Financial Highlights:

  • Revenue of Rs 868 crore with 12% YoY growth.
  • Revenue share from Battery Electric Vehicles (BEV) at 39%, BEV revenue growth of 48% YoY.
  • EBITDA of Rs 234 crore with a margin of 27.0% and 3% YoY growth.
  • PAT of Rs 151 crore with a net profit margin of 17.4% and 14% YoY growth.
  • EV programs contribute 76% to the net order book of Rs 23,200 crore as of December 31, 2024.

9MFY25 Financial Highlights:

  • Revenue of Rs 2,686 crore with 17% YoY growth.
  • Revenue share from Battery Electric Vehicles (BEV) at 36%, BEV revenue growth of 52% YoY.
  • EBITDA of Rs 740 crore with an EBITDA margin of 27.6% and 13% YoY growth.
  • PAT of Rs 437 crore with a net profit margin of 16.2% and 19% YoY growth.

Vivek Vikram Singh, MD and Group CEO, said: "In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% YoY, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India. Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024."

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Auto Parts & Equipment company Sona BLW Precision Forgings announced H1FY25 & Q2FY25 results

Q2FY25 Financial Highlights:

  • Revenue of Rs 925 crore with 17% YoY growth.
  • Revenue share from Battery Electric Vehicles (BEV) at 36%, BEV revenue growth of 53% YoY.
  • EBITDA of Rs 255 crore with a margin of 27.6% and 14% YoY growth.
  • PAT of Rs 144 crore with a net profit margin of 15.5% and 16% YoY growth.
  • EV programs contribute 78% to the net order book of Rs 23,100 crore as of Q2FY25.

H1FY25 Financial Highlights:

  • Revenue of Rs 1,818 crore with 19% YoY growth.
  • Revenue share from Battery Electric Vehicles (BEV) at 35%, BEV revenue growth of 53% YoY.
  • EBITDA of Rs 506 crore with an EBITDA margin of 27.8% and 19% YoY growth.
  • PAT of Rs 286 crore with a net profit margin of 15.7% and 21% YoY growth.

Vivek Vikram Singh, MD & Group CEO, said: "We achieved our highest-ever quarterly Revenue, EBITDA, BEV Revenue and BEV Revenue share in Q2FY25. Our revenue grew 17% YoY, driven mainly by the scale-up of the EV programs. Our BEV revenue grew 53% YoY, representing 36% of overall revenues. We have continued to progress on all our key strategic priorities. Today, we have entered an agreement with Escorts Kubota to acquire the Railway Equipment Division. Once completed, this acquisition will enhance our clean mobility product offerings by adding a market-leading railway components business. The railway industry presents long-term growth opportunities, and with the Railway Equipment Division business, we see significant potential to broaden our product range by incorporating advanced technology and engineered products."

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Auto Parts & Equipment company Sona BLW Precision Forgings announced Q1FY25 results:

  • Revenue of Rs 893 crore with 22% YoY growth
  • Battery Electric Vehicles (BEV) revenue growth of 53% YoY, BEV Revenue share at 33%
  • EBITDA of Rs 251 crore with a margin of 28.1% and 23% YoY growth
  • PAT of Rs 142 crore with a net profit margin of 15.9% and 27% YoY growth
  • The net order book increased to Rs 23,300 crore from Rs 22,600 crore as of March 31st, 2024

Vivek Vikram Singh, MD & Group CEO, commented: " We achieved our highest-ever quarterly Revenue, EBITDA and BEV Revenue in Q1FY25. Our revenue grew 22% y-o-y, driven mainly by the scale-up of the EV programs. Our BEV revenue grew 53% y-o-y, representing 33% of overall revenues. EBITDA margin improved by 30 bps y-o-y to 28.1%, driving EBITDA growth of 23% and PAT growth of 27%. We have continued to progress on all our key strategic priorities. Last quarter, we won our first program for an in-cabin sensing product, ACAM, which gives us the confidence that we are moving swiftly on our long-term strategy of pivoting NOVELIC from an engineering services-led business to a product and semiconductor chip design business. We have additionally made substantial progress on our technology roadmap by winning customer orders for two new products and adding two new products to our development roadmap."

Result PDF

Auto parts & Equipment company Sona BLW Precision Forgings announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue of Rs 885 crore with 19% YoY growth
  • Revenue share from Battery Electric Vehicles (BEV) at 32%, BEV revenue growth of 34% YoY
  • EBITDA of Rs 248 crore with a margin of 28.0% and 23% YoY growth
  • PAT of Rs 149 crore with a net profit margin of 16.7% and 24% YoY growth
  • EVs programs contribute 79% to the net order book of Rs 22,600 crore as of March 31st, 2024

FY24 Financial Highlights:

  • Revenue of Rs 3,185 crore with 19% YoY growth
  • Revenue share from Battery Electric Vehicles (BEV) at 29%, BEV revenue growth of 32% YoY
  • EBITDA of Rs 902 crore with an EBITDA margin of 28.3% and 30% YoY growth
  • PAT of Rs 517 crore with a net profit margin of 16.3% and 31% YoY growth
  • With 39 new program wins and five new customer additions, the net order book has increased to Rs 22,600 crore from Rs 21,500 crore as of March 31st, 2023 

Vivek Vikram Singh, MD & Group CEO, commented: “We achieved our highest quarterly revenue, EBITDA and net profit in Q4 FY24. BEV revenue grew 34% YoY, led by strong EV differential assembly sales growth, and BEV revenue share increased to the highest ever, 32%. EBITDA margin improved by 180 bps YoY to 28.0%, driving EBITDA and PAT growth of 23% and 24%. We closed FY24 with a strong order book, which gives us the confidence to sustain growth momentum in FY25 and beyond. We continue to build on our EV order book, and in Q4, we added one new EV program to supply differential assemblies to an existing customer in North America. Overall, we added 12 new EV programs and four new EV customers during the year, further growing and diversifying our EV order book.”

Result PDF

Auto Parts & Equipment company Sona BLW Precision Forgings  announced Q2FY24 & H1FY24 results:

  • Q2FY24:
    • Revenue of Rs 791 crore with 20% YoY growth
    • Revenue share from Battery Electric Vehicles (BEV) at 27%, BEV revenue growth of 58% YoY
    • EBITDA of Rs 223 crore with a margin of 28.2% and 35% YoY growth
    • PAT of Rs 124 crore with a net profit margin of 15.7% and 34% YoY growth
    • Adjusted PAT (before exceptional expenses) grew 39% YoY to Rs 128 crore with a margin of 16.2%
    • EV programs contribute 78% to the net order book of Rs 22,100 crore as of September 30, 2023 
  • H1FY24:
    • Revenue of Rs 1,523 crore with 22% YoY growth
    • Revenue share from Battery Electric Vehicles (BEV) at 27%, BEV revenue growth of 33% YoY
    • EBITDA of Rs 427 crore with an EBITDA margin of 28.0% and 38% YoY growth
    • PAT of Rs 236 crore with a net profit margin of 15.5% and 40% YoY growth
    • Adjusted PAT (before exceptional expenses) grew 44% YoY to Rs 242 crore with a margin of 15.9%

Vivek Vikram Singh, MD & Group CEO, commented, "We have made a significant change to our vision statement, widening our ambit to the broader mobility landscape from automotive. This expanded ambition will guide all our strategic choices hereon, beginning first with our product and technology roadmap. We have revamped our product and technology roadmap to reflect our plans to develop products for a mobility future that is EPIC - Electric, Personalised, Intelligent, and Connected. We have added seven new products to our roadmap across our three business divisions. In terms of financials, we achieved our highest revenue, EBITDA, and net profit. BEV revenue grew 58% YoY to Rs 207 crore, representing 27% of total revenue. EBITDA margin improved by 300 bps YoY to 28.2%, driving EBITDA growth of 35% and PAT growth of 34%. We continue to progress on all our key strategic priorities. With two new BEV program wins, our net order book grew to Rs 221bn, of which EVs contribute 78%. Last quarter, we won a new program to supply the rotor-embedded differential sub-assemblies from a North American new-age OEM of high-end electric cars. In addition, we won a new program to supply traction motors for electric three-wheelers from one of the largest Indian OEMs."

 

Result PDF

Auto Parts & Equipment company Sona BLW Precision Forgings announced Q1FY24 results:

  • Revenue of Rs 732 crore with 24% YoY growth
  • Revenue share from Battery Electric Vehicles (BEV) at 26%, BEV revenue growth of 13% YoY
  • EBITDA of Rs 203 crore with a margin of 27.8% and 43% YoY growth
  • PAT of Rs 112 crore with a net profit margin of 15.3% and 48% YoY growth
  • EVs programs contribute 78% to the net order book of Rs 22,000 crore as of June 30th, 2023

Vivek Vikram Singh, MD & Group CEO, commented: "We achieved our highest-ever quarterly EBITDA in Q1FY24. Our revenue grew 24% YoY, driven mainly by the scale-up of the new customer programs. The reduction in FAME-II subsidies has resulted in lower production by the electric two-wheelers industry, thus impacting our traction motor sales. Despite this, our BEV revenue grew 13% YoY, representing 26% of overall revenues. EBITDA margin improved by 360 bps YoY to 27.8%, driving EBITDA growth of 43% and PAT growth of 48%. We have continued to progress on all our key strategic priorities. With four new BEV program wins, our net order book grew to Rs 22,000 crore, of which EVs contribute 78%. Last quarter, we won a new program to supply the hub wheel traction motor for electric scooters from an Indian OEM of Electric and ICE two-wheeleRs In addition, we won a new program to supply the differential assembly for electric Class 5 trucks from a North American OEM of electric CVs. We entered a new mobility segment by winning a new program from a global OEM to supply final drive differential assemblies for recreational off-highway vehicles (OHVs). We have made substantial progress on our technology roadmap by partnering with a road-tested technology partner in Equipmake to enter the high-voltage motor and inverter space."

 

Result PDF

Auto Parts & Equipment company Sona BLW Precision Forgings announced Q4FY23 & FY23 results:

  • Q4FY23:
    • Revenue of Rs 744 crore with 35% YoY growth
    • Revenue share from Battery Electric Vehicles (BEV) at 28%, BEV revenue growth of 37% YoY
    • EBITDA of Rs 201 crore with a margin of 27.1% and 49% YoY growth
    • PAT of Rs 120 crore with a net profit margin of 16.1% and 54% YoY growth
    • EVs programs contribute 77% to the net order book of Rs 21,500 crore as of March 31st, 2023
  • FY23:
    • Revenue of Rs 2,676 crore with 26% YoY growth
    • Revenue share from Battery Electric Vehicles (BEV) at 26%, BEV revenue growth of 33% YoY
    • EBITDA of Rs 696 crore with an EBITDA margin of 26.0% and 25% YoY growth
    • PAT of Rs 395 crore with a net profit margin of 14.8% and 28% YoY growth
    • The net order book increased to Rs 21,500 crore from Rs 18,600 crore as of March 31st, 2022

Vivek Vikram Singh, MD & Group CEO, commented: "We achieved our highest quarterly revenue, EBITDA, and net profit in Q4 FY23. BEV revenue grew 37% YoY to cross Rs 200 crore, representing 28% of overall revenues. We closed FY23 with a strong order book, which gives us the confidence to sustain growth momentum in FY24 and beyond. We have made substantial progress on our technology roadmap by developing four new products in FY23. Last quarter, we won a new program from a North American OEM of electric CVs, which is a big step forward for us in business development and technology. We will supply the final drive differential assembly, intermediate gears, and input shafts for electric Class 4 CV. This win demonstrates our ability to keep adding new and higher-value-added products for our customers. On the ESG front, we made credible progress by developing and implementing an innovative solution in our forging plant at Gurgaon that helps us recycle and save around 12,000 litres of water per day."

 

 

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