Arthneeti

Sona BLW Precision Forgings Q2 FY27 Share Price & Earnings Call Analysis

₹900.00-0.66% today
Market cap
₹56,168 Cr
P/E
72.22
ROE
11.67%
PEG
3.74
Price to sales
12.44
Debt to equity
0.06
52W high / low
₹906 / ₹444
Sales growth (5Y)
24.12%
EBITDA margin
24.60%
Net profit margin
15.90%
Promoter holding
28.01%
Sales (last year)
₹4,514 Cr

Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories. The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.

Guidance scorecard · Q2 FY27 call

What Sona BLW Precision Forgings's management guided
and where it ranks in Auto Components

#15of 64 in
Auto Components
Revenue20–40%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookRising

RevenueQ2 FY27 call

20–40%
  • The company aspires to achieve a 25% CAGR in medium term revenue growth.
  • Multiple new products have started or entered serial production, with ramp-ups expected over the next few years.
  • Strong growth in EV business, which grew 129% YoY; BEV revenues crossed the ₹10 billion mark in H1 FY27.
  • The traction motor business is scaling rapidly, growing faster than industry expectations, with increasing wallet share from existing customers and new programs.
  • Legacy business still has significant room to grow globally; differential assemblies and gears markets have substantial potential.
  • Order book remains strong with ₹251 billion as of Q2 FY27, distributed across various product lines including EV, robotics, and railways.

2 more points from Sona BLW Precision Forgings's call on revenue

Create a free account to keep reading this call

Full Q2 FY27 analysis

MarginsQ2 FY27 call

Flat

See what Sona BLW Precision Forgings said on margins — free account, 30 seconds.

Full Q2 FY27 analysis

CapexQ2 FY27 call

Planned
  • Sona Comstar is investing significantly in R&D, especially in robotics, physical AI, and intelligent connected solutions, with considerable sums spent mostly in-house.
  • Capex of INR 62 crore has been allocated specifically for robotics and related technology areas.
  • The company is evaluating deployment of humanoid robots and industrial robots on production floors based on business sense and payback period.
  • M&A strategy is very selective, targeting products with a 15+ year lifecycle, potential market leadership, healthy margins, and alignment with company values.
  • The company plans to remain patient with M&A and capital deployment, maintaining a cash to EBITDA ratio below 1.5 before making large moves.

2 more points from Sona BLW Precision Forgings's call on capex

Create a free account to keep reading this call

Full Q2 FY27 analysis

FundraisingQ2 FY27 call

See what Sona BLW Precision Forgings said on fundraising — free account, 30 seconds.

Full Q2 FY27 analysis

Order bookQ2 FY27 call

Rising
  • As of Q2 FY27, Sona Comstar's net order book stands at ₹251 billion.
  • The company won ₹36 billion worth of new business during the quarter, marking the 3rd highest quarter for order additions.
  • The order book is well-diversified across product categories, powertrains, geographies, and customers.
  • EV-related orders constitute a significant portion, with robotics and physical AI making up about 4% of the order book.
  • The company has 75 EPIC (Electric, Personalized, Intelligent, Connected) programs across 37 customers, with 44 in production and 31 yet to start.

2 more points from Sona BLW Precision Forgings's call on the order book

Create a free account to keep reading this call

Full Q2 FY27 analysis
Full Auto Components ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Sona BLW Precision Forgings rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹2,874 Cr45.4
240%+Flat₹2,116 Cr55.2
340%+Flat₹370 Cr15.1
420–40%Up 2%+₹25,664 Cr73.6
520–40%Up 0–2%₹21,742 Cr33.9
620–40%Up 0–2%₹11,707 Cr41.0

Sign up free to see every company in the sector ranking and track Sona BLW Precision Forgings.

Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

Financials of Sona BLW Precision Forgings

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Sona BLW Precision Forgings

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +29.71%29.71%29.71%28.04%28.03%28.02%28.02%28.02%28.02%28.01%28.01%27.91%
FIIs +32.88%32.93%32.03%33.55%33.25%29.91%29.75%23.47%23.89%23.70%23.61%23.86%
DIIs +27.90%28.77%29.50%30.95%31.15%34.43%34.60%40.13%40.74%41.46%41.60%41.21%
Government +0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%
Public +9.51%8.59%8.75%7.44%7.57%7.62%7.64%8.37%7.35%6.82%6.77%6.99%
No. of Shareholders4,40,9284,12,7284,24,8963,99,3354,05,0934,08,8594,05,4144,28,0494,04,5073,78,6533,64,0573,63,833

Financials of Sona BLW Precision Forgings

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +7167087938308407867707671,0571,1281,1721,1571,377
Expenses +5164945705916065705555757868368878951,070
Operating Profit201215223240234216215192271292285262307
OPM %28%30%28%29%28%27%28%25%26%26%24%23%22%
Other Income +24-16261139513420-16579036
Interest67791054544679
Depreciation50515355576160606568676971
Profit before tax168155169202178190202161223205269276263
Tax %22%22%23%23%26%26%25%26%25%25%23%20%25%
Net Profit +130122131155132141152120166153207220197
EPS in Rs2.232.082.232.642.132.262.441.932.672.463.333.543.16

Financials of Sona BLW Precision Forgings

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +3463655036096995391,4001,9182,4482,8923,2264,1244,834
Expenses +2632943984455013881,0141,4391,8312,0672,3223,0833,688
Operating Profit82721051641981513874796178259041,0411,146
OPM %24%20%21%27%28%28%28%25%25%29%28%25%24%
Other Income +2-3827302384613312895168
Interest22181918162332171625281926
Depreciation19171722293486130167203233260275
Profit before tax44-271131156942914174956297728571,012
Tax %34%868%36%34%35%10%26%15%22%23%25%25%
Net Profit +29-16458610184216354388484580646778
EPS in Rs0.87-0.481.352.593.021.493.776.056.638.269.3210.4012.49
Dividend Payout %0%0%0%0%0%238%502%25%42%37%34%33%

Financials of Sona BLW Precision Forgings

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital282828282847573584585586622622624
Reserves1831672122983991,0847881,3891,6641,9884,7735,2205,665
Borrowings +156149158161145330443147291388150363526
Other Liabilities +6173911271671053183864356236097721,042
Total Liabilities4284164896147381,5662,1222,5062,9763,5856,1546,9767,857
Fixed Assets +1251241051652753641,0851,2611,4731,5971,7583,2643,205
CWIP846121350831479114017092131
Investments2001591621741738601551633705411,3431,0941,433
Other Assets +961282162642782927989351,0421,3072,8842,5263,089
Total Assets4284164896147381,5662,1222,5062,9763,5856,1546,9767,857

Financials of Sona BLW Precision Forgings

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +3823112143161121395500639733615
Cash from Investing Activity +-12-12-98-113-886-117-318-512-453-1,737-1,541
Cash from Financing Activity +-25-10-15-31759-79-6220-1911,938-3
Net Cash Flow11-0-234-75158-4934-929
Free Cash Flow25172452-13-9556166326357237
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit82%42%94%97%117%42%92%97%95%99%76%

Financials of Sona BLW Precision Forgings

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5866878579901048387737195
Inventory Days7794107149121147169131909280103
Days Payable931221421931231311288177807678
Cash Conversion Cycle42385241771061451331008675121
Working Capital Days-31-5231796377885839117118
ROCE %18%16%24%34%32%12%21%21%22%24%18%15%

Guidance history

How Sona BLW Precision Forgings's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q2 FY27 call →20–40%FlatPlanned—Rising
Q1 FY27 call →20–40%FlatPlanned—Rising
Q4 FY26 call →20–40%FlatPlanned—Rising
Q3 FY26 call →10–20%FlatPlanned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

91out of 100

Momentum score · price trend

91 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+91.6%93%
Last 6 months+57.4%92%
Last 3 months+15.4%86%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Sona BLW Precision Forgings: 0.4 × 93 + 0.4 × 92 + 0.2 × 86 = 91.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Sona BLW Precision Forgings's management said in earlier quarters

Others in Auto Components this season

  • Asahi India Glas (Q2 FY27)

    Q2 FY27 total income (revenue) was ₹1,591 crore, marking a 36.9% year-on-year (YoY) growth from ₹1,162.2 crore in Q2 FY26. Key investor presentation takeaways f

  • Sedemac Mechatro (Q2 FY27)

    Q2FY27 Revenue from Operations: INR 401 Cr (Page 6) . Key investor presentation takeaways from Sedemac Mechatronics Ltd's Q2 FY27 investor presentation — and ho

  • ASK Automotive (Q2 FY27)

    1,555.2 crore, up 49.8% YoY (Page 25) . Key investor presentation takeaways from ASK Automotive Ltd's Q2 FY27 investor presentation — and how it ranks against s

  • Dhoot Transmission (Q2 FY27)

    Q2 FY27 revenue from operations: ₹18,272 million, up 61% YoY (Page 19, 6). Key investor presentation takeaways from Dhoot Transmission Ltd's Q2 FY27 investor pr

Compare:vs Samvardhana Motherson Internationalvs Boschvs Bharat Forge