Sona BLW Precision Forgings earnings calls.

Sona Comstar delivered its best ever Q4 with INR 1,272 croreCurrent reported value: INR 1,272 crore. No comparable prior figure is available in the source record. revenue (+47Current 47 crore vs previous available quarter 39 crore.% YoY), INR 311 croreCurrent ₹311 crore vs previous available quarter ₹305 crore. EBITDA (+32% YoY), and INR 192 croreCurrent reported value: INR 192 crore. No comparable prior figure is available in the source record. PAT (+17Current reported value: 17. No comparable prior figure is available in the source record.% YoY), driven by strong BEV momentum and recovery from Q1 FY26 lows. BEV revenue reached an all-time high of INR 359 croreCurrent reported value: INR 359 crore. No comparable prior figure is available in the source record. (39%Current 39%. Reported change: +500bps YoY. revenue share), defying 28% U.S. EV market decline. Europe contributed 60%Current 60%. Reported change: +2000bps YoY. of Q4 revenues (vs 40% YoY) after winning 3 European driveline orders—the first EV order win from Europe in four years. Margin compression of 270bps YoY reflects commodity inflation lag (steel, aluminum, copper, freight) and product mix, though management maintains the 23%-25% EBITDA margin band is achievable. Full year FY26 saw 26% revenue growth to INR 4,475 croreCurrent reported value: INR 4,475 crore. No comparable prior figure is available in the source record. with 24.7% EBITDA margin despite railway acquisition dilution. Railway expansion into HVAC (INR 2,000-2,500 crore market) and electric panels (INR 1,500 crore market) provides multi-year growth visibility. Risk: commodity inflation lag continues, Haryana wage hikes effective April 2026, and EV customer concentration in a volatile policy environment.