Schaeffler India Management Guidance Tracker

Management plans to step up capex to over ₹500 crore in 2026, returning to average levels of 2022-2024, to support capacity expansion and new technologies.

Capital expenditure planned in the range of ₹400-500 crore, picking up from last year's rationalized level.

Export order book for 2026 is in line with 2025, but growth is expected to moderate to 5-10% due to economic conditions in Europe and Asia Pacific.

Management reiterated commitment to double-digit growth in the medium term, supported by strong pipeline and market demand.

Exports expected to grow 10-12% for CY26, driven by strong intercompany order book from multiple regions.

Input cost increases from Middle East crisis will be passed on over 6-18 months, with first batch from Q2 onwards.