SEDEMAC Mechatronics (SEDEMAC) Q4 25/26 earnings summary

Executive summary

• Achieved record revenue of INR 1,058 crore in FY26, a 61% year-over-year increase, crossing the INR 1,000 crore milestone for the first time.

• EBITDA exceeded INR 200 crore with a margin of 21%, and PAT surpassed INR 100 crore, reflecting strong profitability and operational leverage.

• ROCE reached 40%, highlighting capital efficiency alongside high growth.

• Audited financial results for FY26 were approved with an unmodified audit opinion; IPO completed in March 2026, listing on NSE and BSE.

• Growth was broad-based across both mobility (two/three-wheelers, ICE and EV) and industrial (genset) segments, with increased customer diversification and successful ramp-up of new products.

Financial highlights

• FY26 revenue grew 61% year-over-year to INR 1,058 crore, with a three-year CAGR of 36%.

• EBITDA margin stood at 21%, and EBIT margin at 15%.

• Net profit for FY26 was INR 103.58 crore, compared to INR 47.05 crore in FY25.

• Plant CapEx to revenue ratio was 20%-22%, and working capital to revenue ratio was about 13%.

• Internal cash accruals and EBIT are sufficient to fund significant growth.

Outlook and guidance

• FY27 growth expected from ISG ECU launches on new motorcycle models, ramp-up of E2W MCUs, and export market expansion.

• Mild EBITDA margin pressure anticipated due to commodity inflation and semiconductor supply constraints.

• Potential weather-related risks (El Niño, hurricanes) could impact demand in India and the U.S.

• The company will monitor regulatory changes, especially new labour codes, and adjust accounting as needed.