Risk Intelligence
Commodity price inflation
View Risks →Ndr Auto Components delivered a strong Q4 FY26 with total income of ₹229.89 crore (+19% YoY) and EBITDA of ₹27.36 crore (+25% YoY), achieving record EBITDA margins of 11.90%.
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Ndr Auto Components delivered a strong Q4 FY26 with total income of ₹229.89 crore (+19% YoY) and EBITDA of ₹27.36 crore (+25% YoY), achieving record EBITDA margins of 11.90%. The order book surged to ₹650 crore (highest ever), driven entirely by new Maruti Suzuki model wins, providing revenue visibility through 2030. Management highlighted premiumization trends (ventilated/power seats) and expansion into non-seating products like ambient lighting and sunshades via the Hayashi JV. Capex of ₹150 crore is underway for new product lines, with an additional ₹40-50 crore for existing order book execution. The company raised its FY30 revenue target to ₹3,500 crore. Risks include potential margin pressure from commodity inflation and execution delays in new product ramp-ups.
Commodity price inflation
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Read Transcript →Highest ever order book, entirely from new Maruti Suzuki models, providing revenue visibility through 2030.
Strong return on capital employed, excluding surplus cash earmarked for expansion.
Revised upward from ₹3,000 crore, driven by order book and premiumization.
Initial revenue from two small orders; expected to scale with further OEM wins.
Management raised the long-term revenue target from ₹3,000 crore to ₹3,500 crore by FY30, driven by order book and premiumization.
Rising raw material costs could pressure gross margins, though management noted indexed contracts provide some protection.
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