Automotive Technology Revenue Growth
30.8%
+30.8% YoY
Strong outperformance vs industry production growth of ~15%, driven by ICE, hybrid, and e-mobility portfolios.
SCHAEFFLERINDIA
Other
2026-04-??
Schaeffler India Ltd — Q4 FY26
Schaeffler India delivered a robust Q1 FY26 with revenue of ₹2,570 crore (+18.8% YoY) and EBITDA of ₹483 crore (19.3% margin).
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Schaeffler India delivered a robust Q1 FY26 with revenue of ₹2,570 crore (+18.8% YoY) and EBITDA of ₹483 crore (19.3% margin). Automotive technology led growth at 30.8% YoY, driven by strong ICE and hybrid demand, while exports surged 32.5% YoY on intercompany orders. Industrial bearings saw a planned recalibration due to pricing pressure and liquidity crunch in the aftermarket, leading to a 14.3% QoQ decline. Management guided for full-year export growth of 10-12% and capex of ₹400-500 crore. Key risk: supply chain disruptions from Middle East tensions and inability to fully pass on input cost inflation (6-18 month lag).
Key Numbers
Exports Revenue Growth
32.5%
+32.5% YoY
Robust intercompany orders from Europe, Americas, and Southeast Asia; full-year outlook upgraded to 10-12%.
Localization Level
80%
+80%
Overall localization reached 80%; industrial bearings at ~60%, with further room to improve.
Industrial Bearings Revenue QoQ Change
-14.3%
-14.3% QoQ
Planned recalibration due to pricing pressure and liquidity crunch in aftermarket; capacity utilization remains above 80%.
Management Guidance
Full-year export growth of 10-12%
Exports expected to grow 10-12% for CY26, driven by strong intercompany order book from multiple regions.
Management guidance growthCapex of ₹400-500 crore for CY26
Capital expenditure planned in the range of ₹400-500 crore, picking up from last year's rationalized level.
Management guidance capexPrice recovery over 6-18 months
Input cost increases from Middle East crisis will be passed on over 6-18 months, with first batch from Q2 onwards.
Management guidance marginsKey Risks
Supply chain disruption from Middle East crisis
Geopolitical tensions have choked fuel supply chains, increasing input costs; management has set up crisis teams but impact may persist.
high · management_commentaryPricing pressure in industrial bearings
Intensifying competition from local and MNC players is forcing recalibration of product portfolios, potentially impacting market share.
medium · analyst_questionLiquidity crunch in aftermarket
Distributor cash flow issues led to lower demand in industrial aftermarket; though seasonal, it could recur if economic conditions worsen.
medium · data_observationDelayed pass-through of cost inflation
Full recovery of input cost increases may take up to 18 months, pressuring margins in the interim if commodity prices remain elevated.
medium · management_commentaryNotable Quotes
We want to continue to deliver the value that we commit to our stakeholders and if we have to do that calibration is always a part and parcel of the game.
It takes somewhere between 6 months to 18 months to have the full recovery. We had first batch of price increases realizing from Q2 onwards.
Our intent clearly is to source as many child parts as possible from within India which means our supplier development activities are in full swing.
Frequently Asked Questions
What was Schaeffler India's revenue in Q4 FY26?
Schaeffler India reported revenue of ₹2,586 Cr in Q4 FY26, representing a +18.8% change compared to the same quarter last year.
What guidance did Schaeffler India management give for FY27?
Full-year export growth of 10-12%: Exports expected to grow 10-12% for CY26, driven by strong intercompany order book from multiple regions. Capex of ₹400-500 crore for CY26: Capital expenditure planned in the range of ₹400-500 crore, picking up from last year's rationalized level. Price recovery over 6-18 months: Input cost increases from Middle East crisis will be passed on over 6-18 months, with first batch from Q2 onwards.
What are the key risks for Schaeffler India in FY27?
Key risks include Supply chain disruption from Middle East crisis — Geopolitical tensions have choked fuel supply chains, increasing input costs; management has set up crisis teams but impact may persist.; Pricing pressure in industrial bearings — Intensifying competition from local and MNC players is forcing recalibration of product portfolios, potentially impacting market share.; Liquidity crunch in aftermarket — Distributor cash flow issues led to lower demand in industrial aftermarket; though seasonal, it could recur if economic conditions worsen.; Delayed pass-through of cost inflation — Full recovery of input cost increases may take up to 18 months, pressuring margins in the interim if commodity prices remain elevated..
Did Schaeffler India meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Schaeffler India Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.