Sona Comstar Q1 FY26 Earnings Results: Revenue Down by 5% YoY, Order Book Reached ₹26,200 Crore

Sona BLW Precision Forgings Ltd. (Sona Comstar), a key mobility tech player, reported mixed results for Q1 FY26, as revenue and profits declined year-on-year due to temporary challenges. However, the company secured major new orders and reached its highest-ever net order book of ₹26,200 crore, offering a strong long-term outlook.

Sona Comstar Q1 FY26 Financial Highlights 

• Revenue: ₹850.9 crore, down 5% YoY
• BEV Revenue: ₹210.6 crore, down 25% YoY, making up 28% of total revenue
• EBITDA: ₹202.5 crore, down 19% YoY
• Net Profit: ₹124.7 crore, down 12% YoY
• EBITDA Margin: 23.8%
• Net Profit Margin: 14.3%
• Order Book: Reached record ₹26,200 crore, with 75% from EV programs

Management's Take

MD and CEO Vivek Vikram Singh said the quarter was affected by several temporary challenges, but they ended on a strong note with major EV order wins and global expansion plans. He highlighted a large driveline order from a North American OEM—the biggest in 2.5 years—as a major milestone.

New Orders & Global Expansion

• North America: Won a major ₹1,550 crore order to supply differential assemblies for a new electric passenger vehicle platform, with production to begin in Q3 FY28.
• India: Secured ₹260 crore order for drive motors for an electric 3-wheeler, production starts in Q4 FY26.
• China JV: Signed an agreement with Jinnaite Machinery Co. to form a JV for driveline systems. Sona Comstar will invest $12 million. Operations to begin H2 FY26.
• Railway Division: Completed acquisition of Escorts Kubota’s Railway Equipment Division on June 1, 2025, which is now fully integrated.

Electrification Update

Sona Comstar added two new EV programs in Q1, bringing the total to 60 EV projects with 32 different customers.

About Sona Comstar

Founded in 1995 and headquartered in Gurugram, Sona Comstar is a global supplier of automotive components. It operates R&D and manufacturing centres across India, USA, Serbia, Mexico, and China.

Read More:Steel Strips Wheel Bags ₹300 Crore Export Order from European OEMs; Share Price in Focus! 

Sona Comstar Share Price 

As of August 4, 2025, Sona BLW Precision Forgings share price (NSE: SONACOMS) closed at ₹443.00, rising by ₹5.45 or 1.25% for the day. The stock opened at ₹439.00 and touched an intraday high of ₹446.20 and a low of ₹432.40. The stock has a 52-week high of ₹768.65 and a 52-week low of ₹380.00. The company is offering a quarterly dividend of ₹0.80 per share, reflecting its steady cash flow and shareholder-friendly policies.

Conclusion

While Q1 FY26 was challenging for Sona Comstar due to a decline in BEV revenue and overall earnings, the company’s strong new order pipeline and expansion into global EV markets signal long-term growth potential. Its record order book and strategic initiatives in North America, India, and China put it on a solid path toward future success.

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