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

Written by: Kusum KumariUpdated on: 5 Aug 2025, 1:19 pm IST

Sona Comstar Q1 revenue down 5% YoY, but order book hits record ₹26,200 crore. New EV orders, China JV, and global expansion drive long-term optimism.

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.

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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Published on: Aug 5, 2025, 7:46 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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