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Sharda Motor Industries Ltd

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Sharda Motor Industries Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹886
Market cap₹5.1K Cr
P/E15.2
Updated16 Oct 2026
Read4 min read

Sharda Motor Industries Ltd Q1 FY27 key numbers

Revenue
Internal assessment estimates lightweighting portfolio to reach INR8,000-9,000 crores within 5 years with a mid- to high-teen market share.

As stated in Sharda Motor Industries Ltd's Q1 FY27 earnings call transcript · published 25 Aug 2026. Reported figures, not investment advice.

The short version

FY27 growth contributors include full-year benefits from previously announced lightweighting orders, ramp-up of additional lightweighting programs, temperature-controlled tube adjacencies, SOPs of North American export orders, and supportive domestic OEM volumes. - SOPs and ramp-ups are aligned with customer schedules and expected to progress steadily. - Export orders forecast: current $23.7 million starting SOP in Q3/Q4 FY26; additional $11.85 million orders from Q3/Q4 FY27, collectively translating to approx. FY27 growth drivers include: full-year benefits from previously announced lightweighting orders, ramp-up of additional lightweighting programs, temperature-controlled tube adjacencies, SOPs of North American export orders, and supportive domestic OEM volume outlook.

From Sharda Motor Industries Ltd's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Moderate growth
  • FY27 growth contributors include full-year benefits from previously announced lightweighting orders, ramp-up of additional lightweighting programs, temperature-controlled tube adjacencies, SOPs of North American export orders, and supportive domestic OEM volumes.
  • SOPs and ramp-ups are aligned with customer schedules and expected to progress steadily.
  • Export orders forecast: current $23.7 million starting SOP in Q3/Q4 FY26; additional $11.85 million orders from Q3/Q4 FY27, collectively translating to approx. INR300-350 crores; phased revenue contribution expected over FY27 and FY28.
  • Internal assessment estimates lightweighting portfolio to reach INR8,000-9,000 crores within 5 years with a mid- to high-teen market share.

2 more points from Sharda Motor Industries Ltd's call on revenue

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Profitability & Margins

See what Sharda Motor Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Investment remains modular and closely linked to confirmed programs and customer requirements.
  • Chakan 3 lightweighting facility has commenced SOP and is ramping up as per customer schedules.
  • New Uttarakhand facility progressing in line with customer implementation plans, involving ~INR 20 crores investment.
  • Uttarakhand facility aims to support relocation and co-location of existing business and future expansion in North India for emission and lightweighting products.
  • The company has strengthened strategy, M&A, business development, and integration capabilities for acquisitions.

2 more points from Sharda Motor Industries Ltd's call on capex

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Top-ranked in Auto Components

Ranked on what management guided this quarter

Guidance-ranked
1Divgi Torq
Rev 1Mar 3
2OBSC Perfection
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Sharda Motor Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • The order book includes multiple SOPs (Start of Production) with a North American engine and genset manufacturer:
  • Annual value approx. US$10.7 million
  • Lifetime value approx. US$58.5 million
  • SOPs expected in Q3 FY27 and Q4 FY27
  • Export orders announced:
  • SOP of $23.7 million starting Q3 or Q4 FY26
  • Additional $11.85 million order starting Q3 or Q4 FY27
  • Combined INR 300-350 crores expected top line from these orders
  • Pipeline for emission components covers domestic and export markets including CV, agri, genset exhaust, temperature-controlled tubes, and small tractor systems.

2 more points from Sharda Motor Industries Ltd's call on order book

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What the Q1 FY27 call signalled

2 of 4 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
Order bookOrder book rising

Sharda Motor Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹972 Cr, net profit ₹87 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Sharda Motor Industries Ltd Q1 FY27 results?

FY27 growth contributors include full-year benefits from previously announced lightweighting orders, ramp-up of additional lightweighting programs, temperature-controlled tube adjacencies, SOPs of North American export orders, and supportive domestic OEM volumes. - SOPs and ramp-ups are aligned with customer schedules and expected to progress steadily. - Export orders forecast: current $23.7 million starting SOP in Q3/Q4 FY26; additional $11.85 million orders from Q3/Q4 FY27, collectively translating to approx. FY27 growth drivers include: full-year benefits from previously announced lightweighting orders, ramp-up of additional lightweighting programs, temperature-controlled tube adjacencies, SOPs of North American export orders, and supportive domestic OEM volume outlook.

What is Sharda Motor Industries Ltd share price analysis?

Sharda Motor Industries Ltd currently shows a below-average growth signal. The stock trades at a P/E of 15.2 with a market cap of ₹5,087 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sharda Motor Industries Ltd planning capital expenditure?

Investment remains modular and closely linked to confirmed programs and customer requirements.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.