Sona BLW Precision Forgings delivered Q2 revenue of ₹1,143.5 Cr (+24% YoY) and H1 revenue of ₹1,994.4 Cr (+10% YoY). Q2 profit (PAT) grew 20% to ₹172.8 Cr, while H1 PAT increased 4% to ₹297.5 Cr.
EBITDA margins for Q2 (25.3%) and H1 (24.6%) faced pressure from product mix and operating leverage.
BEV revenue declined 17% (Q2) and 21% (H1), now forming 32% and 30% of automotive product sales, respectively.
The company's electrification strategy is progressing, adding 2 new EV programs for a total of 62 across 32 customers.
New orders include ₹180 Cr from a European OEM and ₹640 Cr from a new Asian OEM for integrated motor controller modules.
Significant new technology includes the successful development of Rare Earth Free Motors, enhancing supply chain security and environmental footprint.
A new Driveline Mexico plant win for differential assembly added ₹260 Cr to the order book.
The net order book stands strong at ₹23,600 Cr, representing 6.8x FY25 revenue, with 70% from EV programs.
H1 Free Cash Flow from Operations was ₹142.7 Cr, and the company remains net cash positive.
Management highlights continued focus on electrification, global market reach, and advanced technology for "EPIC Mobility," backed by a robust order book.
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