Sona BLW Precision Forgings Limited
3,527words
16turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
47%
32%
17%
24.4%
14.7%
22%
39%
26%
13%
11%
24.7%
Guidance — 11 items
Notes
opening
“PAT margin percentage calculated from PAT including non-controlling interest Includes product revenue from PV, CV, OHV, E2W, E3W vehicle segments 5 FY26 Financial Performance Highlights 44,751 mn | 26% 11,069 mn | 13% 6,703 mn | 11% Revenue | YoY Growth EBITDA | YoY Growth Adjusted PAT1 | YoY Growth 24.7% EBITDA Margin 14.7% PAT Margin2 15.4% RoCE3 13.2% RoE4”
Notes
opening
“of EV Programs Awarded 64 (19+14+31)2 EV Programs2 awarded across 33 customers as at the end of Q3 FY26 +3 67 (20+17+30)2 EV Programs2 awarded across 35 customers as at the end of Q4 FY26”
Notes
opening
“Billion) 57 (62) * *Consumption includes the impact of the removal of residual value of all programs with low visibility of further ramp up, which was done in Q2FY26 242 55 187 237 13 57 167 At the end of FY25 Orders Consumed during the year Orders Added during the year At the end of FY26 EV Non-EV Railway”
Notes
opening
“Revenue includes net gain from foreign exchange PAT margin percentage calculated from PAT including non-controlling interest 19 FY26 Financials Revenue (Rs.”
Notes
opening
“Revenue includes net gain from foreign exchange PAT margin percentage calculated from PAT including non-controlling interest 20 FCFO of INR 2,900 mn in FY26 Free Cash Flow from Operations: INR 2,900 mn 26,725 6,591 (3,691) Numbers in Rs.”
Note
opening
“EBITDA margin 25.0% Revenue CAGR 10.6% FY99– FY11 Avg.”
Note
opening
“EBITDA margin 21.5% Revenue CAGR 50.6% 697 910 1,135 1,348 1,174 1,492 2,207 2,807 2,616 3,309 3,456 3,653 44,752 35,545 31,866 FY17– FY26 Avg.”
Note
opening
“EBITDA margin 26.6% Revenue CAGR 28.5% 26,756 21,306 15,663 10,380 6,088 6,992 5,033 16 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 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 6 2 Y F 25 One Vision To become one of the World’s most Respected and Valuable Mobility Technology companies for our Customers, Employees & Shareholders.”
Note
opening
“26 Guided by Values Agility 23% Growth 5-year Revenue CAGR Vitality Integrity Frugality 26% Margins 5-year Avg.”
Notes
opening
“Data Source: a) BofA Global Automobiles Report; b) Ricardo Report; c) EV-Volumes; d) Vahan Database; Company Analysis 28 BEV revenue and BEV revenue share1 over the years 36% 12,235 35% 11,542 29% 8,859 25% 26% 6,707 5,042 14% 2,057 FY21 FY22 FY23 FY24 FY25 FY26 BEV Segment Revenue (Rs.”
Risks & concerns — 2 flagged
Billion) 57 (62) * *Consumption includes the impact of the removal of residual value of all programs with low visibility of further ramp up, which was done in Q2FY26 242 55 187 237 13 57 167 At the end of FY25 Orders Consumed during the year Orders Added during the year At the end of FY26 EV Non-EV Railway
— Notes
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.
— Notes
Speaking time
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Opening remarks
Notes
1. 2. PAT margin percentage calculated from PAT including non-controlling interest Includes product revenue from PV, CV, OHV, E2W, E3W vehicle segments 5 FY26 Financial Performance Highlights 44,751 mn | 26% 11,069 mn | 13% 6,703 mn | 11% Revenue | YoY Growth EBITDA | YoY Growth Adjusted PAT1 | YoY Growth 24.7% EBITDA Margin 14.7% PAT Margin2 15.4% RoCE3 13.2% RoE4
Notes
1. 2. 3. 4. Adjusted PAT is after adjusting the one-time impact of ₹301 mn due to the new labour code PAT margin percentage calculated from PAT including non-controlling interest 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); LTM PAT is adjusted for one-time impact of ₹301 mn due to the new labour code 6 Update on our Strategic Priorities Our Integrated Motor Controllers, EVTOL Gearbox, and AMR Drive Unit at CES 2026 Update on our Strategic Priorities Electrification Global Market Significance Diversification Technology 8 Sizeable and Increasing Presence in EVs 36% 35% 5.6x 25% 26% 29% 14% 12,235 11,542 8,859 6,707 5,042 2,057 4.5x 42 30 15 67 54 58 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 BEV Share in Automotive Product Revenue1 BEV Segment Revenue Cumulative no. of
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) 9 In Q4 we had three EV and one hybrid driveline program wins spread across all our key geographies For Battery Electric Passenger Vehicles For Hybrid Passenger Vehicles Differential Gears Differential Assembly Differential Assembly Differential Assembly New Customer New Customer Existing Customer Existing Customer European OEM of PVs and EVs European OEM of PVs and EVs European OEM of PVs and EVs + Indian OEM of PVs, CVs, and EVs European OEM of PVs and EVs ₹2,200 mn addition in our orderbook ₹1,400 mn addition in our orderbook ₹1,000 mn addition in our orderbook ₹1,200 mn addition in our orderbook H1 FY29 Start of Production H1 FY28 Start of Production H1 FY28 Start of Produ
Notes
1. As per CRISIL’s market size estimates for CY24 and company analysis for CY25 31 3 Programs won in FY26 New customers added in FY26 Global Market Share of Differential Gears 8.8% 8.7% CY241 CY251 Global Market Share of Starter Motors 4.4% 4.2% CY241 CY251 12 Our net order book1 stands at ₹237 billion (5.3x FY26 revenue) 235 bn Orderbook at the end of Q3 FY26 12 bn Orders consumed from matured and ramp-up programs during Q4 FY26 14 bn Orders added for programs won in Q4 FY26 237 bn Orderbook at the end of Q4 FY26 EV: ₹166 billion (70%)
Non-EV
₹58 billion (24%) # of Programs # of Customers 51% 20 9 PV 10% 16 11 9% 11 10 8% 20 10 5% 24 9 11% 75 22 5% 2W &3W CV &OHV PV CV 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 2. 13 Our Strategic Priorities Electrification Global Market Significance Diversification Technology 14 Diversified Revenue Mix By Geography 6% 0.3% By Product 2% 3% 9% 27% 24% 41% 9% FY25 FY25 29% 5% 17% 27% FY26 51% 21% 2% 4% 10% 11% 29% 11% 17% FY26 22% 7% 16% By Market segment FY25 71% 11% 8% 9% 1% PV CV E2W/E3W Non-Automotive Semiconductors & Embedded SW FY26 49% 9% 10% 31% 1% 15 Our Strategic Priorities Electrification Global Market Significance Diversi