Sona BLW Precision Forgings
506.40
-2.35(-0.46%)
Market Cap₹- Cr
PE Ratio-
IndustryAutomobiles
Company Performance:
1D-0.46%
1M+5.23%
6M-6.46%
1Y-25.09%
5Y+40.20%
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More news about Sona BLW Precision Forgings
27Oct 25
Sona BLW Sets Ambitious ₹6,500 Crore Revenue Target for FY27, Emphasizing EV Growth
Sona BLW Precision Forgings Ltd. (Sona Comstar) aims for ₹6,500 crore revenue by FY27, with EV drivetrain sales expected to make up 28% of total revenue. The company has secured global EV orders worth ₹23,000 crores and is implementing new e-axle programs. Sona Comstar plans to maintain 25% EBITDA margins during this growth period. Q2 FY26 results show strong performance with 24% YoY revenue growth. The company has developed Rare Earth Free Motors for EVs and won a ₹2,600 million order for its Driveline Mexico Plant.
27Oct 25
Sona BLW Precision Forgings Reports Strong Q2 FY26 Growth, Suspends China JV, Appoints New Strategy Head
Sona BLW Precision Forgings Limited (Sona Comstar) reported robust Q2 FY26 results with revenue reaching ₹11,383.00 million, a 24% YoY increase. PAT rose 20% YoY to ₹1,728.00 million. The company suspended its proposed joint venture with China's Jinnaite Machinery Co. Ltd. BEV segment revenue declined 17% YoY but still constituted 32% of automotive product sales. Sona Comstar appointed Mr. Pratik Sachan as Head of Strategy & M&A. The company maintains a net order book of ₹236.00 billion and approved the grant of 630,000 stock options to employees.
27Oct 25
Sona BLW Precision Forgings Grants 6.3 Lakh Employee Stock Options at ₹478.70 Exercise Price
Sona BLW Precision Forgings Limited has approved an ESOP grant of 6,30,000 stock options to eligible employees under its Sona Employee Stock Option Plan 2023. The grant, approved on October 27, 2025, has an exercise price of ₹478.70 per share. Options will vest equally over four years, starting from October 27, 2026, with a maximum exercise period of three years from each vesting date. This move aligns with the company's strategy to attract and retain key talent.
10Oct 25
Sona Comstar Partners with NEURA Robotics for Advanced Robotics and Humanoid Technology
Sona BLW Precision Forgings Ltd. (Sona Comstar) has formed a strategic partnership with NEURA Robotics GmbH to develop advanced technologies and introduce robots and humanoids in India and other markets. The collaboration aims to combine Sona Comstar's engineering and manufacturing expertise with NEURA's cognitive robotics technologies. This partnership is expected to accelerate the adoption of robotics across factory floors and human-centric environments, potentially transforming manufacturing and logistics industries globally.
07Oct 25
Tesla Aims to Boost Sales with Plans for More Affordable Model Y
Tesla is preparing to introduce a lower-priced version of its Model Y SUV. This strategic move aims to expand the company's customer base, increase sales volume, and compete more effectively in the electric SUV market. The initiative could potentially accelerate electric vehicle adoption and may prompt competitors to reconsider their pricing strategies. However, it also raises questions about the impact on Tesla's profit margins and overall financial performance.
10Sept 25
Sona BLW Shares Rise 2% Amid Sunjay Kapur's ₹10,000 Crore Inheritance Dispute
Shares of Sona BLW Precision Forgings Ltd gained 1.93% to close at ₹454.10 on Wednesday as investors monitored a complex inheritance dispute over late businessman Sunjay Kapur's estimated ₹10,000 crore estate. The Delhi High Court is hearing a legal battle involving Sunjay Kapur's widow Priya Kapur, his mother Rani Kapur, and the children of his ex-wife Karisma Kapoor. Rani Kapur alleges suspicious transactions of ₹500 crore worth of Sona Comstar assets, while Karisma Kapoor's children seek one-fifth of the assets each. Priya Kapur claims the children have already received ₹1,900 crore from the family trust. The court has directed Priya Kapur to disclose all of Sunjay Kapur's known assets and submit a reply within three weeks.
05Sept 25
Ganesh Mani Steps Down from SONA BLW Precision Forgings Board, Final Dividend Announced
Sona BLW Precision Forgings held its 27th Annual General Meeting, announcing significant changes. Ganesh Mani, a Non-Executive and Nominee Director, retired from the board effective July 19, 2023. The company recommended a final dividend of Rs. 1.53 per equity share for FY 2022-23, with a record date of June 30, 2023.
25Aug 25
Sona BLW Precision Forgings Secures PLI Certification for Three New EV Motor Products
Sona BLW Precision Forgings Limited has received certification for three additional electric vehicle products under the Production-Linked Incentive (PLI) Scheme. The certified products include two traction motors for electric three-wheelers and one for electric two-wheelers. This certification allows Sona BLW to access benefits and incentives under the PLI scheme, potentially enhancing its competitiveness in the EV component manufacturing sector. The company informed stock exchanges about this development in compliance with SEBI regulations.
19Aug 25
Sona BLW Precision Forgings Sees Rs. 38.38 Crore Block Trade on NSE
A significant block trade of 831,110 shares of Sona BLW Precision Forgings Ltd. occurred on the National Stock Exchange, valued at Rs. 38.38 crore. The transaction was executed at Rs. 461.80 per share. While the identities of the buyers and sellers remain undisclosed, such large trades often indicate strategic moves by institutional investors or major shareholders.
09Aug 25
Sona BLW Reports Challenging Q1, Secures Largest Order in 2.5 Years
Sona BLW Precision Forgings Ltd. (Sona Comstar) experienced a challenging Q1 with revenue declining 5% to ₹851.00 crores. EBITDA fell 19% to ₹203.00 crores, and net profit decreased by 12%. The Battery Electric Vehicle segment saw a 25% revenue decline. Despite challenges, the company achieved its highest ever orderbook of ₹262.00 billion and secured a major order from a North American OEM. Sona Comstar signed a term sheet for a joint venture in China and is addressing supply chain issues, expecting improvements in coming quarters.
06Aug 25
Sona Comstar Reports Q1 Profit Dip Amid Leadership Changes and Family Dispute
Sona BLW Precision Forgings Ltd (Sona Comstar) reported a 14.1% year-on-year decline in Q1 consolidated profit to ₹121.70 crore, attributed to geopolitical pressures. The company appointed Jeffery Mark Overly as chairman and Priya Sachdev Kapur as non-executive director following the unexpected death of Chairman Sunjay Kapur. Rani Kapur, Sunjay's mother, has raised concerns about the circumstances of his death and claims majority shareholding based on a 2015 will. Management asserts that recent board changes do not significantly impact company operations.
05Aug 25
Sona BLW Precision Outlines Strategic Initiatives Amid Q1 Revenue Dip
Sona BLW Precision Forgings reported a 5% year-over-year revenue decrease to Rs. 8,539.07 million in Q1. The company announced strategic initiatives including a joint venture in China, expecting Asia to contribute over 50% to revenue. Non-automotive revenue is projected to exceed 25% of total revenue. The net order book reached Rs. 262 billion, with EV programs contributing 75%. EBITDA margin guidance was revised to 23.5-25%. Major product launches are slightly delayed, with significant ramp-ups expected in Q4. The company faces potential challenges from US tariffs and a decline in BEV segment revenue.
04Aug 25
Sona Comstar Reports Q1 Results: Revenue Dips 5% YoY Amid Challenging Quarter
Sona BLW Precision Forgings Limited (Sona Comstar) reported a 5% YoY decrease in revenue to ₹8,509.00 million for Q1, with EBITDA down 19% YoY to ₹2,025.00 million. The BEV segment saw a 25% YoY decline in revenue. Despite challenges, the company secured significant new orders, including a major driveline order from a North American OEM. The net order book reached an all-time high of ₹262,000.00 million, with EV programs contributing 75%. Sona Comstar completed the acquisition of Escorts Kubota Limited's Railway Equipment Division and signed a binding term sheet for a joint venture in China with Jinnaite Machinery Co., Ltd.
04Aug 25
Sona BLW Reports Mixed Q1 Results with Revenue and Margin Decline
Sona BLW Precision Forgings Limited reported a 4.2% year-over-year decline in consolidated revenue to ₹8.54 billion in Q1. Despite this, PAT increased to ₹1.25 billion. EBITDA fell to ₹2.03 billion with margin compression to 23.71%. The company completed the acquisition of Railway Business from Escorts Kubota Limited on June 1, marking a significant step in its diversification strategy.
01Aug 25
SONA BLW May Benefit from Potential ₹13,000 Crore Auto Parts Sector Package
The Indian government is reportedly considering a ₹13,000 crore support package for the automotive components industry. This initiative could significantly benefit key players like Sona BLW Precision Forgings Ltd. The package aims to boost research and development, technology upgradation, manufacturing expansion, and global competitiveness in the sector. While specific details are yet to be disclosed, Sona BLW's mention in discussions suggests it could be a major beneficiary. This support could be crucial for positioning Indian auto component manufacturers for future growth, especially in the evolving landscape of electric vehicles and advanced technologies.
30Jul 25
Sona BLW Precision Forgings Issues Cease and Desist Letter to Rani Kapur Amid Defamation Claims
Sona BLW Precision Forgings has sent a cease and desist letter to Rani Kapur, accusing her of defamation and causing harm to the company. Kapur, mother of late industrialist Sunjay Kapur, had attempted to postpone the company's AGM and made allegations of coercion and unauthorized appointments. Sona BLW refutes Kapur's claims of being a majority shareholder, stating she has had no role in the company since at least 2019. The company proceeded with its AGM on July 25 as scheduled, rejecting Kapur's allegations.
29Jul 25
Sona BLW Precision Forgings to Announce Q1 FY26 Results on August 4, 2025
Sona BLW Precision Forgings Limited (Sona Comstar) will release its Q1 FY26 financial results on August 4, 2025. An earnings conference call is scheduled for 4:30 PM IST the same day. The company recently clarified its governance structure, emphasizing it's not a family-owned business with 71.98% shareholding held by institutional and public investors. Sona Comstar operates under professional management and an independent board.
28Jul 25
Sona BLW Precision Forgings Refutes Allegations, Emphasizes Professional Governance
Sona BLW Precision Forgings Ltd. has firmly denied allegations made by Rani Kapur, mother of late Sona Comstar chairman. The company clarified it's not a family-run business, with 71.98% shareholding held by institutional and public investors. Sona BLW stated Rani Kapur has no role or shareholding in the company since 2019. The company defended its director appointments, emphasizing compliance with laws and strong shareholder approval. Sona BLW highlighted its professional management structure, independent board, and expressed concern over false narratives affecting shareholder value. The company refused to postpone its AGM following Rani Kapur's request, citing her lack of standing in company affairs.
25Jul 25
Sona BLW Precision Holds AGM Despite Family Member's Request for Postponement
Sona BLW Precision Forgings Ltd (Sona Comstar) proceeded with its Annual General Meeting despite a request for postponement from Rani Kapur, wife of the company's founder. The company stated that Rani Kapur is not a shareholder since 2019, making her request invalid. The ownership structure shows 71.98% is publicly held, while 28.02% is owned by corporate promoter Aureus Investments Pvt Ltd. Priya Sachdev Kapur, wife of the late chairman Sunjay Kapur, was appointed as Additional Non-Executive Director. Rani Kapur claims to be the majority shareholder of the Sona Group under her husband's will and alleges unauthorized actions on her behalf.
20Jul 25
Sona Comstar Enters Chinese EV Market with Strategic Joint Venture
Sona BLW Precision Forgings Ltd. (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co., Ltd (JNT) to establish a joint venture in China. Sona Comstar will invest $12 million for a 60% stake, while JNT will contribute $8 million in assets for 40%. The JV aims to manufacture and supply driveline systems and components to automotive OEMs in China and globally, leveraging Sona Comstar's expertise in driveline systems and JNT's proficiency in casting and molding. Operations are expected to begin in the second half of the current financial year. This move aligns with Sona Comstar's strategy to expand in the rapidly growing Asian EV market, particularly China, which accounts for two-thirds of global EV sales.
17Jul 25
Sona BLW in Talks with BYD for EV Parts Supply, Explores Global Opportunities
Sona BLW Precision Forgings Ltd (Sona Comstar) confirms discussions with Chinese EV manufacturer BYD to supply electric vehicle parts. The company is also in talks with other global and Indian clients for EV sector opportunities, aiming to expand its presence in the growing electric vehicle market. This strategic move demonstrates Sona BLW's efforts to adapt to the automotive industry's electrification trend and diversify its customer base.
17Jul 25
Sona BLW Precision Forgings Sees Major Block Trade Worth ₹94.41 Crore
A significant block trade of approximately 2,055,715 shares of Sona BLW Precision Forgings Ltd. occurred on the National Stock Exchange (NSE) at ₹459.25 per share. The transaction, valued at ₹94.41 crore, indicates continued interest from institutional investors in the automotive components manufacturer.
30Jun 25
Sona Comstar Plans Domestic Production of Rare Earth Magnets for EV Components
Sona BLW Precision Forgings (Sona Comstar) plans to produce rare earth magnets domestically, reducing dependence on Chinese imports. This strategic move aims to strengthen the local supply chain for electric vehicle (EV) components, enhance supply chain resilience, and support India's EV industry growth. The initiative could lead to better supply chain control, potential cost efficiencies, and technological advancements in the sector. It aligns with global trends of supply chain localization and positions Sona Comstar to meet growing demand in the EV market.
23Jun 25
Sona BLW Precision Forgings Appoints New Leadership Following Chairman's Demise
Sona BLW Precision Forgings Ltd (Sona Comstar) has made significant leadership changes following the passing of its chairman, Sunjay Kapur. Jeffrey Mark Overly, previously an Independent Director, has been appointed as the new Chairperson until February 2031, pending shareholder approval. Priya Sachdev Kapur joins as an Additional Non-Executive Director and will chair the Corporate Social Responsibility Committee. These appointments aim to ensure leadership continuity and maintain stable governance for the automotive technology company.
16Jun 25
Sona BLW Precision Forging to Elect New Chairman Following Sunjay Kapur's Passing
Sona BLW Precision Forgings will elect a new chairman following the unexpected passing of Sunjay Kapur. The company assures operational continuity under current MD and CEO Vivek Vikram Singh. No management changes are anticipated, focusing on a seamless transition at the board level while maintaining consistency in operations.
13Jun 25
Sona BLW Precision Forgings Shares Tumble 8% Following Chairman's Untimely Demise
Sona BLW Precision Forgings Ltd shares dropped over 8% after the unexpected death of its Chairman, Sunjay Kapur. The 53-year-old industry leader suffered a fatal heart attack during a polo match in England. Kapur was instrumental in expanding the company's global presence and served as the President of the Automotive Component Manufacturers Association (ACMA). The company now faces the challenge of ensuring a smooth leadership transition and maintaining its strategic direction in the automotive components market.
02May 25
Sona BLW Precision Forgings: Q4 Results Show Margin Pressure Amid EV Slowdown
Sona BLW Precision Forgings Ltd. announced Q4 FY23 results showing a 4% YoY revenue decline and 1% YoY EBITDA drop, attributed to the EV transition slowdown. The company faces near-term growth constraints including global tariff wars, weak macroeconomic conditions, and potential EV supply chain disruptions. Motilal Oswal maintains a 'Neutral' stance, citing expensive valuations with the stock trading at 49x FY26 and 44x FY27 estimated consolidated EPS.
30Apr 25
Sona BLW Precision Forgings Reports Q4 FY25 Results and Dividend
Sona BLW Precision Forgings Limited reported mixed Q4 FY25 results with a 10.07% increase in net profit to ₹1.64 billion, despite a 2.15% decrease in revenue to ₹8.65 billion. The EBITDA margin declined by 89 basis points to 27.17%. The company announced a final dividend of ₹1.60 per equity share, subject to shareholder approval. An exceptional item of ₹257.3 million was reported, impacting overall financial results.
30Apr 25
Sona BLW Extends Closing Date for Acquisition of Escorts Kubota's Railway Equipment Business
Sona BLW Precision Forgings Limited has extended the closing date for its acquisition of the Railways Equipment Business from Escorts Kubota Limited by one month, from May 1, 2025, to June 1, 2025. This extension, mutually agreed upon by both companies, was disclosed in a regulatory filing on April 29, 2025. The new closing date is subject to the completion of conditions precedent as specified in the Amended and Restated Business Transfer Agreement.
29Apr 25
Sona BLW Extends Closing Date for Acquisition of Escorts Kubota's Railway Equipment Business
Sona BLW Precision Forgings Limited has announced an extension of the closing date for its acquisition of Escorts Kubota Limited's Railways Equipment Business (RED) from May 1, 2025, to June 1, 2025. The extension was mutually agreed upon and is subject to the completion of specified conditions precedent. This update was disclosed in a regulatory filing dated April 29, 2025, in compliance with SEBI regulations.
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