This document is an investor presentation submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, detailing the unaudited standalone and consolidated financial results for Q2 FY27 (quarter ended September 30, 2026).

Key Quantitative Figures - Consolidated (Q2 FY27)

  • Revenue from Operations: ₹1,211.2 Crores
  • Cost of Goods Sold: ₹978.2 Crores
  • Gross Profit: ₹233.1 Crores (Margin: 19.2%)
  • EBITDA: ₹125.7 Crores (Margin: 10.4%)
  • EBIT: ₹130.8 Crores (Margin: 10.8%)
  • Profit Before Tax (PBT): ₹131.2 Crores
  • Profit After Tax (PAT): ₹99.4 Crores (Margin: 8.2%)
  • Earnings Per Share (EPS): ₹17.3
  • Other Income: ₹21.6 Crores
  • Finance Cost: ₹1.3 Crores

Key Quantitative Figures - Consolidated (H1 FY27)

  • Revenue from Operations: ₹2,222.3 Crores
  • Gross Profit: ₹437.0 Crores (Margin: 19.7%)
  • EBITDA: ₹229.0 Crores (Margin: 10.3%)
  • PBT: ₹246.3 Crores
  • PAT: ₹186.0 Crores (Margin: 8.4%)
  • EPS: ₹32.4

Key Quantitative Figures - Standalone (Q2 FY27)

  • Profit After Tax (PAT): ₹97.6 Crores
  • Earnings Per Share (EPS): ₹17.0

Key Quantitative Figures - Standalone (H1 FY27)

  • Profit After Tax (PAT): ₹183.4 Crores
  • Earnings Per Share (EPS): ₹32.0

Balance Sheet Highlights (Consolidated, as of Sep-26)

  • Total Equity: ₹1,383.7 Crores
  • Share Capital: ₹11.5 Crores
  • Reserves & Surplus: ₹1,372.3 Crores
  • Total Assets: ₹2,474.1 Crores
  • Non-Current Assets: ₹625.6 Crores (including Property, Plant & Equipment: ₹233.3 Cr, Investments: ₹230.0 Cr)
  • Current Assets: ₹1,848.5 Crores (including Inventories: ₹282.6 Cr, Trade Receivables: ₹435.0 Cr, Cash & Cash Equivalents: ₹114.7 Cr)
  • Current Liabilities: ₹1,017.5 Crores (including Trade Payables: ₹924.8 Cr)

Cash Flow Highlights (Consolidated, H1 FY27)

  • Cash Generated from Operations: ₹324.8 Crores
  • Net Cash from Operating Activities: ₹265.4 Crores
  • Net Cash Used in Investing Activities: ₹(123.8) Crores
  • Net Cash Used in Financing Activities: ₹(118.5) Crores
  • Net Increase in Cash: ₹23.0 Crores

Business Overview and Strategic Updates

  • The company operates in three verticals: Emission Business, Lightweighting Business, and Global Business.
  • It holds an approximate 30% value market share in emission systems for the Passenger Vehicle (PV) & Light Commercial Vehicle (LCV) segment in India.
  • It holds an approximate 14% value market share in control arms and links for the PV & LCV segment.
  • FY26 consolidated revenue split by end-user segment was: Passenger Vehicles (52%), Commercial Vehicles (44%), Others (4%).
  • The company has a Joint Venture with Purem (formerly Eberspächer) for emission systems.
  • It has filed 26 patents, with 6 granted over the last 4 years.
  • The company is backward integrated with tube mill and stamping facilities.
  • It has R&D centers in Chennai, India, and Namyang, South Korea.

Material Announcement - Technology Licensing Agreement (TLA)

  • Sharda Motor signed a Technology Licensing Agreement (TLA) with Donghee Industrial Co. Ltd., Republic of Korea.
  • Purpose: To strengthen and expand its lightweighting portfolio (control arms, links) by adding new products like subframes and torsion beams.
  • Financial Impact: The TLA is expected to increase the content per vehicle of its lightweighting portfolio from the current ₹2,000-8,000 to ₹6,000-18,000.
  • Donghee Industrial is a global player with USD 2 billion revenue (CY2024) and 17 plants globally.

Growth Drivers and Future Strategy

Key identified growth areas include:

1. Scaling up the Lightweighting Business Vertical by increasing market share and adding new products via TAs/JVs.

2. Growing export revenue with a focus on Europe and USA markets for CV emission components, temperature-controlled tubes, and genset systems.

3. Capturing domestic opportunities from potential BS7 norms and expansion into adjacent products like heat shields.

4. M&A in powertrain-agnostic products and entry into adjacent markets like components for drones, robotics, and AI data centers.

Management and Board Details

The presentation lists the board of directors and senior management team, including:

  • Mr. Ajay Relan (Executive Chairperson)
  • Mr. Aashim Relan (Group Chief Executive Officer)
  • Mr. Ashwani Maheshwari (Deputy Managing Director)
  • Mr. Ghan Shyam Dass (Group CFO)
  • Mr. Nitin Vishnoi (Executive Director and Company Secretary)

Biographical details for each member are provided in the presentation.

Corporate Social Responsibility (CSR)

The company runs the 'Sharda Unnati' CSR program, which includes:

  • Sharda - Green India Campaign (tree plantation)
  • Sharda Educate (distribution of computers for digital learning)
  • Sharda Support (distribution of sweaters to underprivileged children)
  • Sharda Health (supporting community health through clinics, ambulances, and health camps)