Sharda Motor Industries Reports 10% Revenue Growth to ₹756.2 Crores in Q1
Sharda Motor, an auto component manufacturer, reported a 10% year-over-year revenue growth to ₹756.2 crores in Q1. Profit after tax increased to ₹99.9 crores, boosted by an exceptional gain. EBITDA grew by 3% to ₹98.4 crores. The company commenced operations at a new suspension plant and appointed Ashwani Maheshwari as Deputy Managing Director. Sharda Motor added two new export customers and filed two new patents, bringing their total to 15. The company is exploring M&A opportunities in powertrain agnostic areas and focusing on light-weighting technologies.
11Aug 25
Sharda Motor Industries Reports 10% Revenue Growth in Q1
Sharda Motor Industries Limited (SMIL) reported robust Q1 results with revenue up 10% to ₹756.20 crores, EBITDA growing 3% to ₹98.40 crores, and PAT surging 30% to ₹99.90 crores year-over-year. The company holds a 30% market share in passenger and light commercial vehicle exhaust systems and 12.5% in control arms. SMIL operates through three verticals: Emission Control, Lightweighting, and Global Business, with eight manufacturing facilities across India. The company has filed 15 patents in the last three years, demonstrating its commitment to innovation in the automotive component sector.
21Jun 25
Sharda Motor Industries Secures Factory License for New Maharashtra Plant
Sharda Motor has obtained a factory license from the Directorate of Industrial Safety and Health in Maharashtra for a new manufacturing facility. The company plans to start commercial production at this plant by June 23, 2025. This expansion is expected to increase production capacity, diversify geographic presence, and potentially introduce new product lines in the automotive components sector.