• Event Type: Q2 FY27 Earnings Conference Call and group conference call for discussion of financial results.
  • Event Date and Time: The call was held on Monday, 26th October, 2026. A specific time was not mentioned in the provided text.
  • Purpose: To discuss the financial results of the Company for the quarter and half year ended on 30th September, 2026.
  • Management Participants: The entire management team participated, including:
  • Mr. Vivek Vikram Singh, MD and Group CEO
  • Mr. Vikram Verma, Full-Time Director and CEO of Driveline Business
  • Mr. Sat Mohan Gupta, CEO of Motor Business
  • Mr. Praveen Rao, Group CTO
  • Mr. Rohit Nanda, Group CFO
  • Mr. Amit Mishra, Head Railway Business
  • Mr. Ankit Agarwal, Investor Relations
  • Mr. Prateek Sachan, Head Strategy and M&A
  • The call was moderated by Mr. Kapil Singh, Deputy Head of Research India and lead auto analyst at Nomura.
  • Availability of Materials: The webcast recording and the presentation are available on the company's website at https://sonacomstar.com/investor/investor-presentations. The transcript of the call was the subject of this regulatory filing.
  • Financial Period Discussed: The results for the quarter ended 30th September, 2026 (Q2 FY27) and the half year ended 30th September, 2026 (H1 FY27) were discussed.
  • Forward-Looking Statements: The management's opening remarks included a standard disclaimer that some statements may be forward-looking in nature, and listeners were referred to the disclaimer in the earnings presentation for details.
  • UPSI Statement: The moderator stated that the management would not be taking any specific customer-related questions or confirming/denying any customer names or relationships due to confidentiality reasons, implying no UPSI would be shared.

Financial Highlights & Strategic Themes (As Disclosed)

Q2 FY27 Performance:

  • Revenue: ₹1,546 crore, up 35% YoY and 18% QoQ (from ₹1,310 cr in Q1).
  • EBITDA: ₹356 crore, up 23% YoY. EBITDA margin was 23.0%, down 230 bps YoY.
  • PAT: ₹223 crore, up 29% YoY. PAT margin was 14.4%, down ~50 bps YoY.
  • BEV (Battery Electric Vehicle) Revenue: Grew 129% YoY. For the first time, it contributed 51% of total automotive product sales.
  • Key margin pressures cited were a change in product mix (strong growth in lower-margin traction motors) and higher input prices (steel, copper, oil derivatives, freight).

H1 FY27 Performance:

  • Revenue: ₹2,857 crore, up 43% YoY.
  • BEV Revenue: ₹1,042 crore, up 119% YoY, constituting 48% of automotive product sales.
  • EBITDA: ₹659 crore, up 34% YoY. EBITDA margin was 23.1%, down ~150 bps YoY.
  • PAT: ₹404 crore, up 36% YoY. PAT margin was 14.1%, down ~50 bps YoY.

Operational & Strategic Highlights:

  • Order Wins: Secured ₹36 billion in new orders in Q2, the 3rd highest quarterly addition. The net order book stood at ₹251 billion.
  • New Product Commercialization: Commercialized 3 new products in the quarter:

1. Helical Limited Slip Differential for passenger cars/SUVs.

2. Air Springs for railway coaches.

3. Rear Radar Sensor for two-wheelers.

  • Strategic Pivot: Broadened strategic priority from 'Electrification' to 'EPIC Mobility' (Electric, Personalised, Intelligent, and Connected solutions). The company has 75 EPIC programs across 37 customers.
  • Cash Flow: H1 Free Cash Flow from Operations (FCFO) was ₹594 crore. Net of capex (₹148 cr), Free Cash Flow was ₹446 crore, which is more than 50% higher than the entire previous financial year (FY26). Cash and investments stood at ₹1,966 crore (gross) as of end-September.
  • Award: The Driveline division won the 2026 Deming Prize for Total Quality Management.
  • Diversification: Eastern markets now contribute almost 2/3 of total revenue, up from 1/3 two years prior. The suspension motors business was the fastest growing, reaching 7% of revenue.

Additional Notes Section

  • The document is a regulatory filing containing the full transcript of the earnings conference call, enclosed as per SEBI LODR Regulations.
  • The transcript includes a detailed Q&A session with analysts covering topics such as the suspension motors business, the Denso JV timeline, competition in Europe, the robotics and physical AI strategy, the traction motor business growth, margin outlook, and capital deployment plans.
  • No new, unpublished financial data was disclosed in this announcement itself; it is a transcript of a call where previously announced results were discussed.
  • The filing includes a digital signature from Pankaj Gupta, Senior Vice President (Legal), Company Secretary and Compliance Officer.