Revenue from operations grew 52.4% year-on-year to ₹1,301 crore from ₹854 crore, while earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 42.6% to ₹293.3 crore from ₹206 crore. EBITDA margin stood at 22.5% during the quarter, compared with 24.1% a year ago.
The company’s Q1 performance was ahead of CNBC-TV18 poll estimates, which had pegged net profit at ₹173 crore, revenue at ₹1,273 crore, EBITDA at ₹283 crore and margin at 22.2%.
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The company reported its highest-ever revenue, BEV revenue and BEV revenue share in a quarter. Revenue contribution from BEV products reached an all-time high of 44% in Q1 FY27, with BEV revenue growing 107% year-on-year.
During the quarter, Sona Comstar announced its entry into the Robotics & Physical AI vertical, expanding its existing Sensors and Software growth vertical.
Under the new vertical, the company will focus on building mission-critical components and subsystems for Robotics and Physical AI, developing a perception stack and providing engineering research and development (ER&D) services for different Robotics and Physical AI platforms, and developing and manufacturing selected full-stack robot platforms.
The company also unveiled its Sona Comstar 2.0 strategy, with an aspiration to repeat the 10 times revenue growth achieved during the previous decade ending FY25 over the next decade ending FY35.
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Under the strategy, Sona Comstar plans to accelerate the development of new product verticals through organic and inorganic routes, increase focus on Eastern world markets, and build another long-term technology growth pillar alongside electrification through intelligent and connected systems.
During the quarter, the company won three orders, including one electric vehicle (EV) programme, one hybrid programme and one internal combustion engine (ICE) programme.
Sona Comstar received an order from an existing customer, a North American original equipment manufacturer (OEM) of ICE and electric passenger vehicles, to supply differential assemblies for its hybrid passenger vehicle platform. The programme added ₹640 crore to the company’s order book, with production expected to begin in the second half of FY29.
The company also received two orders from a new-age electric two-wheeler OEM to supply hub wheel traction motors. The programme added ₹90 crore to the order book, with production expected to begin in the second half of FY26.
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Additionally, Sona Comstar received an order from an existing North American OEM of ICE and electric passenger vehicles to supply differential gears for its ICE passenger vehicle platform. The programme added ₹210 crore to the order book, with production expected to begin in the second half of FY28.
Vivek Vikram Singh, MD and Group CEO, commented: “Q1 FY27 marks the unveiling of Sona Comstar 2.0— our ambition to grow tenfold again over the next decade. As part of this strategy, we announced our entry
into Robotics and Physical AI.
Our partnership with DENSO also takes us into high-voltage electric and hybrid powertrain systems, completing an important missing piece in our electrification portfolio.
The quarter was equally strong financially. We delivered our highest-ever quarterly revenue, BEV revenue and BEV revenue share. Revenue grew by 54% year on year, while EBITDA and PAT increased by 49% and 45%,
respectively.
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BEV revenue more than doubled, and its share of automotive revenue reached an all-time high of 44%, despite continued weakness in the US EV market. This demonstrates the increasing diversification of our EV business across customers, products and geographies.
We also secured new business across EV, hybrid and ICE powertrains, spanning India, Europe and North America and nearly every product category in which we operate.”
Shares of Sona BLW Precision Forgings Ltd ended at ₹719.25, down by ₹0.95, or 6.90%, on the BSE.
