Sona BLW Precision Forgings (SONACOMS) Q1 26/27 earnings summary

Executive summary

• Achieved record quarterly revenue and BEV revenue share, with 54% YoY revenue growth in Q1 FY27, reaching ₹13,104 million, and BEV revenue up 107% to ₹4,355 million, now 44% of automotive product sales.

• Announced two landmark joint ventures with DENSO for high voltage electric and hybrid powertrain systems, covering both 2/3-wheelers and 4/4+ wheelers, expanding global ambitions.

• Entered robotics and physical AI as a new growth engine, securing an INR 8 billion order book and launching new product verticals.

• Continued disciplined capital allocation and operational excellence to drive long-term value.

• Consolidated net profit for Q1 FY27 stood at ₹1,785 million, up from ₹1,217 million in Q1 FY26.

Financial highlights

• Revenue grew 54% YoY to ₹13,104 million in Q1 FY27.

• BEV revenue increased 107% to ₹4,355 million, now 44% of automotive product sales.

• EBITDA rose 49% to ₹3,026 million; EBITDA margin at 23.1%.

• PAT increased 45% YoY to ₹1,805 million, with a PAT margin of 13.6%.

• Net order book at ₹240 billion, with EVs accounting for 64%.

Outlook and guidance

• Margin recovery expected from Q2 onwards as cost pass-throughs and mitigation measures take effect.

• Electrification and robotics businesses expected to ramp up faster than previous innovation cycles.

• JV with DENSO to drive significant growth in high voltage and hybrid powertrain markets, with global ambitions beyond India.

• Aspires to replicate 10x growth over the next decade, leveraging new product verticals and strategic partnerships.

• Company to sell its existing EV motors and controllers business to a new JV at an enterprise value of ₹17,500 million.