Sona BLW Precision Forgings' Q1 FY 2025-26 Quarterly Results

Result Summary

• Sona BLW Precision Forgings Ltd reported a 0.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 0.5%.
• Its expenses for the quarter were up by 2.4% QoQ and 1.3% YoY.
• The net profit decreased 17.8% QoQ and decreased 14.1% YoY.
• The earnings per share (EPS) of Sona BLW Precision Forgings Ltd stood at 2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Sona BLW Precision Forgings Ltd is a prominent player in the automotive industry, specializing in the production of automotive components. Known for its focus on electric vehicle technology, the company manufactures a variety of products including differential gears, differential assemblies, and micro-hybrid starter motors. The firm is recognized for its engineering prowess and the deployment of advanced manufacturing techniques to cater to a global clientele. The company operates in a highly competitive and dynamic industry, which is driven by technological advancements and evolving consumer preferences. As of recent developments, there have not been any major announcements or changes publicly available.

Revenue

During Q1FY26, Sona BLW Precision Forgings Ltd reported a total income of ₹895.09 crores. This reflects a marginal quarter-over-quarter (QoQ) increase of 0.3% from ₹892.73 crores in Q4FY25. However, when compared to the same quarter in the previous fiscal year (Q1FY25), where the total income was ₹899.99 crores, there is a slight year-over-year (YoY) decline of 0.5%. This indicates a relatively stable revenue performance over the past year with slight fluctuations between quarters.

Profitability

The company's profitability metrics show a decline in Q1FY26 compared to previous periods. The profit before tax (PBT) stood at ₹165.24 crores, marking a decrease of 12.4% QoQ from ₹188.62 crores in Q4FY25 and a similar YoY decrease of 12.5% from ₹188.88 crores in Q1FY25. The tax expense for Q1FY26 was ₹43.53 crores, representing a 7.4% increase QoQ from ₹40.54 crores in Q4FY25, but a 7.7% decrease YoY from ₹47.16 crores in Q1FY25. Consequently, the profit after tax (PAT) for Q1FY26 was ₹121.71 crores, showing a decline of 17.8% QoQ and 14.1% YoY. Earnings per share (EPS) also fell to ₹2.00, compared to ₹2.50 in the previous quarter and ₹2.40 in the same quarter last year, reflecting declines of 20.0% QoQ and 16.7% YoY.

Operating Metrics

Total expenses for Q1FY26 were recorded at ₹720.67 crores, which is a 2.4% increase from the previous quarter's ₹704.11 crores and a 1.3% increase from ₹711.12 crores in Q1FY25. This increase in expenses amidst declining profitability indicates a shift in cost structures or operational efficiencies. The data does not provide specific ratios or operational metrics like P/E ratio or debt-to-equity ratio, which limits a deeper analysis into operational efficiencies or leverage. The trends indicate a slight increase in operating expenses while maintaining a consistent revenue stream, resulting in diminished profitability margins.