Gurgaon, India – Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading mobility technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, today announced its financial results for the quarter and nine-month period ended December 31st, 2025.
Key Financial Highlights – Q3 FY26
- Revenue of Rs. 1,209 crores with 39% YoY growth
- EBITDA of Rs. 305 crores with a margin of 25.2% and 30% YoY growth
- Adjusted PAT* of Rs. 181 crores with a net profit margin of 14.9% and 20% YoY growth
- Revenue share from Battery Electric Vehicles (BEV) at 38%
Key Financial Highlights – 9M FY26
- Revenue of Rs. 3,203 crores with 19% YoY growth
- EBITDA of Rs. 796 crores with an EBITDA margin of 24.9%
- Adjusted PAT* of Rs. 478 crores with a net profit margin of 14.8% and 9% YoY growth
- EV programs contribute 71% to the net order book** of Rs. 23,500 crores as of December 31, 2025
Management Comment
Mr. Vivek Vikram Singh, MD & Group CEO, commented: “We achieved our highest-ever quarterly revenue, EBITDA, and adjusted net profit in Q3 FY26. Our revenue grew strongly by 39% year on year, primarily driven by the expansion of our electric vehicle traction motor and railway business in India. BEV revenue share improved meaningfully to 38% in Q3 from 32% in Q2FY26 and represents our second-best quarter till date in terms of absolute BEV revenue and share. We have commercialized a new product in this quarter, the hydraulic motor controller, leveraging our strengths in motors and controllers to develop the solution for a new application outside the current product portfolio. We continue to add new EV customers and win new EV programs from our existing EV customers. Moreover, we commenced sample production of in-cabin radar sensors in our new SMT line at Chennai facility in this quarter, making us one of the few automotive radar manufacturers in India with local SMT manufacturing capability.”
Operational Highlights – Q3 FY26 and 9M FY26
Electrification:
- BEV Revenue Share: Revenue from Battery EV was lower by 14.4% YoY to Rs. 795 crores in 9M FY26 and contributed 33% of total revenue.
- EV programs: In 9M FY26, we added six new EV programs, bringing the total number of awarded programs to 64 across 33 different customers.
- Sona Comstar has commercialized a new product, the hydraulic motor controller for electric farm equipment vehicles. The company received an order from a new customer, a global OEM of farm equipment, to supply the Hydraulic motor controller.
Other Developments:
- Through Novelic’s sensing and perception technologies, we are strengthening our ability to support OEMs in meeting the recently introduced ADAS regulations for commercial vehicles in India. During the quarter, we commenced sample production of in-cabin radar sensors on our newly commissioned SMT line at the Chennai facility, making us one of the few automotive radar manufacturers in India with local SMT manufacturing capability. Serial production is expected to commence in H2 CY27.
*PAT growth and absolute Net profit excludes the impact of exceptional items **refer to Investor Presentation
