SONACOMSNSE27 October 2025

Sona Blw Precision Forgings Limited has informed the Exchange about Investor Presentation

Sona BLW Precision Forgings Limited

Date: - 27th October, 2025

BSE Ltd. Regd. Office: Floor - 25, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001. BSE Scrip Code: 543300

National Stock Exchange of India Ltd. Listing Deptt., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 NSE Scrip: SONACOMS

Subject: - Investor Presentation on the financial results for quarter and half year ended on 30th September, 2025.

Dear Sir / Madam,

In compliance with Regulation 30 read with Para 15(a) of Part A of Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have enclosed herewith the Investor Presentation inter-alia, encompassing an overview of the Company, its operations and unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September, 2025.

Kindly take the same on record.

Thanking you, For Sona BLW Precision Forgings Limited

Ajay Pratap Singh Senior Vice President - Group General Counsel, Company Secretary and Compliance Officer

Enclosed: As above

Q2 FY26 Earnings Presentation

27 October 2025

Disclaimer

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sona BLW Precision Forgings Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this presentation may contains certain forward-looking statements concerning the Company’s future business prospects and business profitability. Such forward- looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that are difficult to predict. These risks and uncertainties include, but are not limited to, the Company’s ability to manage growth, the fluctuations in earnings, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, the Company’s ability to manage its international operations, Government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward-looking statements become materially incorrect in future or update any forward-looking statements made from time to time by or on behalf of the Company.

Our Management

Mr. V. Vikram Verma Whole Time Director and CEO, Driveline Business

Mr. Praveen Chakrapani Rao Group CTO

Mr. Vivek Vikram Singh MD & Group CEO

Mr. Sat Mohan Gupta CEO, Motor Business

Mr. Rohit Nanda Group CFO

Mr. Amit Mishra Head, Railway Business & Investor Relations

Business Performance Highlights

Our Booth at Consumer Electronics Show 2025

Q2 FY26 Financial Performance Highlights

11,435 mn | 24%

2,891 mn | 13%

1,728 mn | 20%

Revenue | YoY Growth

EBITDA | YoY Growth

PAT1 | YoY Growth

25.3% EBITDA Margin

14.9% PAT Margin2

2,647 mn | -17%

BEV Revenue | YoY Growth

32%

BEV Share in

Automotive Product Revenue3

Notes: 1. 2.

PAT margin percentage calculated from PAT including non-controlling interest Includes product revenue from PV, CV, OHV, E2W, E3W vehicle segments

H1 FY26 Financial Performance Highlights

19,944 mn | 10%

4,916 mn | -3%

2,975 mn | 4%

Revenue | YoY Growth

EBITDA | YoY Growth

PAT1 | YoY Growth

24.6% EBITDA Margin

14.6% PAT Margin2

15.8%

RoCE3

12.8%

RoE4

Notes: 1. 2. 3.

PAT margin percentage calculated from PAT including non-controlling interest ROCE = LTM EBIT/(Average tangible capital employed + capital deployed for acquiring NOVELIC) ROE = LTM PAT/(Average tangible net worth + capital deployed for acquiring NOVELIC)

Update on our Strategic Priorities

Our Radar Sensors for in-cabin and short-range applications

Update on our Strategic Priorities

Electrification

Global Market Significance

Diversification

Technology

Sizeable and Increasing Presence in EVs

30% H1 FY26 BEV Share in

Automotive Product Revenue1

4,752 mn H1 FY26

BEV revenue

-21% H1 FY26 BEV revenue

YoY growth

60 (15+16+29)2

EV Programs2 awarded across

32 customers as at the end of

Q1 FY26

62 (19+14+29)2

EV Programs2 awarded across

32 customers as at the end of

Q2 FY26

Notes: 1. 2.

Includes product revenue from PV, CV, OHV, E2W, E3W vehicle segments Include only BEV and PHEV programs currently in serial production as well as in the orderbook; numbers in brackets to be read as (# of programs in fully ramped up production + # of programs in ramp-up + # of programs not yet in production)

We have added 2 new vehicle models and 1 new end customer for the Suspension Motor order we won from ClearMotion in FY22

Integrated Motor Controller Module (Motor + Controller + Software)

For Electric PV

Existing Customer

₹ 6,400 mn

Lifetime value from this model

New Age Asian OEM of Electric PVs

Q2 FY27

Start of Production

For Electric PV

₹ 1,800 mn

Lifetime value from this model

New Customer European OEM of Luxury Performance PVs

Q2 FY27

Start of Production

Our Strategic Priorities

Electrification

Global Market Significance

Diversification

Technology

Our net order book1 stands at ₹236 billion (6.8x FY25 revenue)

262 bn

Orderbook at the end of Q1 FY26

36* bn

Orders consumed from matured and ramp-up programs during Q2 FY26

10 bn

236 bn

Orders added for programs won in Q2 FY26

Orderbook at the end of Q2 FY26

*Consumption includes the residual value of all programs with low visibility of further ramp up

EV: ₹165 billion (70%)

Railway: ₹13 billion2 (6%)

Non-EV: ₹58 billion (24%)

# of Programs

# of Customers

51% 18 10

10% 15 11

9% 10 9

8% 20 11

5% 24 8

11% 69 21

2W &3W

CV &OHV

OHV

Railway

Notes: 1.

Net order book means the aggregate revenue from awarded programs which are either yet to start production or are yet to fully ramp up, in the next 10 years, after adjusting for the negative impact of all programs that are expected to reach end of life or be phased out. We have also applied a discount to accommodate any unforeseen delays or changes in program launches that may happen in the future. Railway business order book is based on the purchase orders received from the customers to be executed largely within next 12 months

We have won our first program for Driveline Mexico Plant to supply differential assembly for a North American recreational vehicle OEM

Differential Assembly

For Recreational Off-highway Vehicle

Existing Customer

North American OEM of Recreational Off-highway Vehicles

₹ 2,600 mn

addition in our orderbook

Q2 FY28

Start of Production

Our Strategic Priorities

Electrification

Global Market Significance

Diversification

Technology

Diversified Revenue Mix

By Geography

6% 0.3%

By Product

2% 3%

27%

24%

41%

FY25

29%

6% 0.1%

30%

19%

H1 FY26

45%

21%

29%

16%

10%

H1 FY26

20%

24%

By Market segment

FY25

71%

11%

E2W/E3W

Non-Automotive

Semiconductors & Embedded SW

H1 FY26

53%

28%

Diversified Revenue Mix – By Customers

Others, 28%

Customer K, 20%

Others, 19%

Customer A, 23%

Customer F, G, H, I, J, 19%

FY22 ₹21,306 mn

~2.15 x Revenue Growth

Q2FY26 Annualized ₹45,740 mn

Customer B, 10%

Customer B, 13%

Customer E, 7%

Customer D, 8%

Customer C, 11%

Customer C, M, I, H, D, 21%

Customer L, 8%

Customer E, 7%

Customer A, 6%

Our Strategic Priorities

Electrification

Global Market Significance

Diversification

Technology

Our Technology Roadmap for E.P.I.C. Mobility Harnessing capabilities to continue our journey from components to subsystems to systems in all areas of EPIC mobility

Mechanical | Materials | Electrical | Electronics | Software

Differential Gear

Steering Bevel Box

Differential Assembly

Humanoid Components

Auto

Transmission Gears

eVTOL

Reduction Gearbox

Friction Products

Dampers

Couplers

Humanoid Robot Actuators

4-Wheeler HV e-Axle

2-Wheeler Integrated Motor-Controller

Industrial Robot Gearbox

EPIC Mobility

AGV/AMR Drive Unit

eVTOL Propulsion Unit

Railway Brake Systems

Railway Automatic Plug Door System

Railway HVAC System

Legacy Products

Current Products

Future Products

Note: The product images shown are for illustration purposes only and may not be an exact representation of the products

Auto HV

eVTOL

Humanoid Motors

Auto LV

Traction Motors

Starter Motor

Suspension Motor-Controller

Inverters

Electric Control Panel

In-cabin Sensors

Short-range Radar Sensors

Zone Monitoring Sensors

Integrated Radar Sensor

We have successfully developed, tested and validated Rare Earth Free Motors (Ferrite Assisted Synchronous Reluctance Motor)

No Rare earth Magnets

Supply Chain Security

Higher thermal capability and NVH

Higher drive cycle efficiency

High-speed & high Torque operational capability

Proprietary design for better thermal, NVH, efficiency

Introducing inductive rotor position Sensing tech.

Technical Specifications (FeSynRM Motor)

100% designed and developed at Sona Comstar

Nominal Voltage

48 - 115 Volts

Application in various types of electric vehicles

Power (Rated)

Rated torque

Max. Speed

Cooling

5.0- 20 kW

10 - 30 Nm

5000 - 12000 RPM

Air Cooling

Rare Earth Free Motor technology is the greenest among all popular Automotive propulsion technologies

Internal Combustion Engine Technology

Rare Earth Magnet Tech. Based EV Motor

Rare Earth Magnet Free Tech. Based EV Motor

Q2 & H1 FY26 Financial Update

Our Exhibition Booth at Indian Railway Equipment Exhibition (IREE) 2025

Q2 FY26 Financials

Revenue (Rs. mn)

BEV

EBITDA (Rs. mn)

EBITDA Margin (%)

PAT (Rs. mn)

2 PAT Margin (%)

YoY: 24%

11,435

9,251

3,172

2,647

YoY: 13%

2,891

25.3%

2,549

27.6%

Q2 FY25

Q2 FY26

Q2 FY25

Q2 FY26

YoY: 20%

1,728

1,439

15.5%

14.9%

Q2 FY25

Q2 FY26

o Q2FY26 was the first full quarter of Railway

revenue, post acquisition

o Our overall revenue grew by 24% during the

quarter

o BEV Revenue declined by 17% and constituted 32% of total automotive product sales

o Our EBITDA grew by 13% while EBITDA margin has declined by ~2.3% largely due to adverse operating leverage and product mix

o PAT margin is lower by ~0.6% due to transmission of lower EBITDA margin despite lower depreciation as a % of revenue and lower exceptional expenses

Notes: 1. 2.

Revenue includes net gain from foreign exchange PAT margin percentage calculated from PAT including non-controlling interest

H1 FY26 Financials

Revenue (Rs. mn)

EBITDA (Rs. mn)

EBITDA Margin (%)

PAT (Rs. mn)

2 PAT Margin (%)

BEV

YoY: 10%

18,181

19,944

6,000

H1 FY25

4,752

H1 FY26

o Our overall revenue grew by 10% during the

first half of the year

o BEV Revenue declined by

21% and constituted 30% of total automotive product sales

YoY: -3%%

5,061

4,916

27.8%

24.6%

YoY: 4%

2,859

2,975

15.7%

14.6%

H1 FY25

H1 FY26

H1 FY25

H1 FY26

o EBITDA margin is lower by ~3.2% largely due to adverse product mix and operating leverage

o PAT margin is lower by ~1.1% due to lower EBITDA margin

transmission of despite higher net finance income

Notes: 1. 2.

Revenue includes net gain from foreign exchange PAT margin percentage calculated from PAT including non-controlling interest

FCFO of INR 1,427 mn in H1 FY26

Free Cash Flow from Operations: INR 1,427 mn

26,725

3,398

(1,971)

Numbers in Rs. mn

(18,490)

9,662

Opening Cash, FDs & Mutual Funds as on 1st April 2025

Net Cash Flow from Operations

Capex

Others Cash Movements

Closing Cash, FDs & Mutual Funds as on 30th September 2025

EBITDA

4,916

∆ Working capital

(790)

Tax paid & Others

(728)

Dividend Payment

(995)

Railway & NOVELIC Investments

(16,955)

Land Purchase for Railway Business

Interest Income & Others

(1,100)

560

Key Ratios

VA/Employee cost

6.4

6.2

5.8

5.1

RoCE (%)

RoE (%)

30.4%

31.0%

26.6%

28.5%

18.4%

15.8%

17.7%

12.8%

Mar-23 Mar-24 Mar-25

Sep-25

Mar-23 Mar-24 Mar-25

Sep-25

Mar-23 Mar-24 Mar-25

Sep-25

Net Debt to EBITDA

Working Capital Turnover

Fixed Asset Turnover

(0.12)

(0.08)

(0.99)

(2.73)

4.2

4.6

5.0

4.2

3.9

3.6

3.4

3.0

Mar-23

Mar-24

Mar-25

Sep-25

Mar-23 Mar-24 Mar-25

Sep-25

Mar-23 Mar-24 Mar-25

Sep-25

Note:

1) 2)

VA/Employee Cost (for manufacturing businesses only) = Material margin / (Employee cost + Manpower cost on hiring) ROCE = LTM EBIT/(Average tangible capital employed + capital deployed for acquiring NOVELIC and Railway Business)

ROE = LTM PAT/(Average tangible net worth + capital deployed for acquiring NOVELIC and Railway Business)

Net Debt to EBITDA = Short-term & long-term debt less cash, bank balances & mutual fund investments / LTM EBITDA

4) 5) Working Capital Turnover (WCTR) = LTM Revenue/ Average net working capital

Fixed asset turnover (FATR) (for manufacturing businesses only) = LTM Revenue/ Average Tangible net block

ROCE, WCTR and FATR have been normalized by annualizing Railway Business EBIT and turnover respectively

Q&A

Demonstration of our In-Cabin Sensors at Consumer Electronics Show 2025

Appendix

Our Chairman Emeritus addressing the stakeholders on our 25th anniversary celebration

Our story so far…

Phase - 1

• 18 Customers • 2 Plants • 1 Product

Revenue in INR millions

FY99 – H1 FY26 annualized Avg EBITDA margin 26.5% Revenue CAGR 33.5%

Phase - 2

• 22 Customers • 2 Plants • 2 Products

Phase - 3

Phase - 4

• Acquisition of Comstar • 47 Customers (37+10) • 9 Plants (5+4) • 10 Products (5+5)

• Became publicly listed • Acquisition of NOVELIC and Railway Business • 12 plants • 26 products

39,888

H1FY26 Annualized

35,545

31,866

FY17– H1 FY26 Annualized Avg. EBITDA margin 27.4% Revenue CAGR 23.0%

26,756

21,306

15,663

12,201

19,944 H1FY26

FY12– FY16 Avg. EBITDA margin 25.0% Revenue CAGR 10.6%

FY99– FY11 Avg. EBITDA margin 21.5% Revenue CAGR 50.6%

9 9 Y F

120

223

183

221

0 0 Y F

1 0 Y F

2 0 Y F

3 0 Y F

399

4 0 Y F

697

910

1,135

1,348

1,174

1,492

2,207

2,807

2,616

3,309

3,456

3,653

6,088

6,992

5,033

5 0 Y F

6 0 Y F

7 0 Y F

8 0 Y F

9 0 Y F

0 1 Y F

1 1 Y F

2 1 Y F

3 1 Y F

4 1 Y F

5 1 Y F

6 1 Y F

7 1 Y F

8 1 Y F

9 1 Y F

0 2 Y F

1 2 Y F

2 2 Y F

3 2 Y F

4 2 Y F

5 2 Y F

Notes: 1.

FY20 onwards financials include Comstar

6 2 Y F 1 H

) . n n A

(

One Vision To become one of the World’s most Respected and Valuable Mobility Technology companies for our Customers, Employees & Shareholders.

Guided by Values

Agility

24%

Growth

5-year Revenue

CAGR

Vitality

Integrity

Frugality

27%

Margins

5-year Avg.

EBITDA

>25%

Returns

5-year Avg.

ROE1

Note:

ROE = 5-year average of PAT/5-year average of (Average tangible net worth + capital deployed for acquiring NOVELIC)

Established Global Presence to Serve Customers Locally

USA Location

Key Products

Tecumseh, MI Starter motors

Ypsilanti, MI

Belgium

Genk

Germany

Cologne

China Location Key Products

Hangzhou Suspension motors

7 of the world’s top 10 PV OEMs1a

3 of the world’s top 10 CV OEMs1b

Mexico Location Key Products

Serbia

Belgrade

Novi Sad

Niš

7 of the world’s top 10 tractor OEMs1b

Irapuato Starter motors

India

Location Key Products

3 of the world’s top 10 EV OEMs1c

3 of the Indian top 10 Indian e-2-Wheeler OEMs1d

Silao

Manufacturing Plants

R&D Centres

Tool & Die Shop

Warehouses

Engineering Capability Centres

12 5 1 8 3

Gurugram Differential gears

Manesar Differential assemblies

Faridabad Brakes, Suspension, Couplers

Pune

Differential gears

Chennai

Starter motors, Traction motors & controllers

Hosur, Sanand, Rudrapur, Mehsana

Notes: 1. 2.

Data Source: a) BofA Global Automobiles Report; b) Ricardo Report; c) EV-Volumes; d) Vahan Database; Company Analysis Capacity as of March 2025

BEV revenue and BEV revenue share1 over the years

29%

8,859

25%

26%

6,707

5,042

14%

2,057

36%

12,235

30%

9,504

H1FY26 Annualized

4,752

H1FY26

FY21

FY22

FY23

FY24

FY25

FY26

BEV Segment Revenue (Rs. mn)

BEV Revenue Share (%)

234

FY20

Notes: 1.

BEV revenue share in product revenue from PV, CV, OHV, E2W, E3W vehicle segments

61 EV programs across 32 different customers

No. of programs customers

30 10

14 10

North America 7 Customers 9 20

Europe2 4 Customers 3 5

3 1

Asia 6 Customers 2 4 3 2

Programs in fully ramped-up production

Programs in ramp-up or not yet in production

Programs for Driveline business

Programs for Motor business

Programs for Sensors and Software business

Notes: 1. 2.

2 customers are present in more than one geography Europe geography includes the UK

India 18 Customers 5 14

+x denotes the change during Q2 FY26

Market Shares for Differential Gears and Starter Motors

Global Market Share of Differential Gears1

Global Market Share of Starter Motors1

CY19

4.5%

CY20

5.0% CY21

6.3%

CY22

7.2%

CY23

8.1%

CY24

8.8%

CY19

2.5%

CY20

3.0% CY21

4.6%

CY22

4.1%

CY23

4.2%

CY24 4.4%

While we continue to dominate the Indian market for Differential Gears

Passenger Vehicles

Commercial Vehicles

Tractors

Notes: 1. 2.

As per Ricardo report; starter motor market share across light vehicles As per CRISIL report dated Feb 2021

55-60%2

80-90%2

75-85%2

Product Summary

Passenger Vehicles

Electronically Locking Differential (EDL)

Spool Gears

Limited Slip Differential (LSD)*

In-Cabin Radar Sensors

Short Range Radar Sensors*

Epicyclic Geartrain

Intermediate Gears

Commercial Vehicles

Integrated Motor Controller Module (for Predictive Active Suspension)

Traction Motor*

Input/Rotor Shaft

Differential Assembly

Differential Bevel Gears

Park Gear

Controller*

Starter Motor

Steering Bevel Box

Coupling/ Sleeves

Inter-Axle Gear Set

*Product under development

Product Summary

Buses

Differential Bevel Gears

Controller*

Steering Bevel Box

360° Short Range Radar Sensors*

Traction Motor*

In-Cabin RADAR Sensors

*Product under development

In-Cabin Radar Sensors

Off Highway Vehicles

Spiral Bevel Gears

Portal Axle Gears

Short Range Radar Sensors*

Traction Motor

Controller

Light Commercial Vehicles /3-Wheeler (Cargo)

Differential Assembly

Differential Bevel Gears

Starter Motor

Product Summary

Electric 2-Wheelers

Hub Wheel Motor

Integrated Drive Motor & Controller

Integrated Hub Motor & Controller*

Non-Automotive

AGV/AMR Drive Unit*

Drive Motor

Electric 3-Wheelers

Short Range Radar Sensors*

360° Short Range Radar Sensors*

2 3

*Product under development

Controller

eVTOL Motor*

eVTOL Reduction Gearbox*

Humanoid Motors *

Industrial Robot Gearbox*

Zone Monitoring Sensors

Humanoid Components*

Product Summary

Railways

Axle Mounted Disc Brake System

Friction Products

Microprocessor Controlled Brake System

Bogie Mounted Brake System

Electro Pneumatic Brake System

*Product under development

5 6 7 8

Dampers

Air Spring*

AAR-H Coupler

Automatic Coupler

Semi Automatic Coupler

Semi Permanent Coupler

ESG Performance Highlights

Environmental

Social

Governance

• 18%, 17%, and 10% improvement in emissions, water, and energy intensities respectively, in FY25 from FY22

•

Setting up a total solar group captive capacity of 21.35 MWp across Maharashtra, Haryana, and Tamil Nadu

• Pune Chakan Plant has been rated by IGBC in the Green Factory Building category with “IGBC Gold” Rating

•

Initiated a large-scale afforestation project by planting more than 46k trees using the Miyawaki method

• Have been certified as Great Place to Work consistently for last three years

• Driving incubation of 18 startups innovating for sustainability in partnership with IIT Delhi and IIM Ahmedabad

•

Improved the female participation in the total workforce from 3% to 6%

• Achieved reduction of 98% in CO levels at Gurgaon plant using a three-stage air purification approach

• Golden Peacock Award won in 2023 for excellence in corporate governance

• Award for Excellence in Corporate Governance' by the Institute of Company Secretaries of India (ICSI)

• 6 independent directors and 3 women directors out of 9 board members

• Chairperson position is held by an independent director

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