Conference Call with Sona BLW (Sona Comstar) Precision Forgings Ltd. Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript. Management in attendance: Vivek Vikram Singh and Senior Team
Auto Parts & Equipment company Sona BLW Precision Forgings announced 9MFY25 & Q3FY25 results Q3FY25 Financial Highlights: Revenue of Rs 868 crore with 12% YoY growth. Revenue share from Battery Electric Vehicles (BEV) at 39%, BEV revenue growth of 48% YoY. EBITDA of Rs 234 crore with a margin of 27.0% and 3% YoY growth. PAT of Rs 151 crore with a net profit margin of 17.4% and 14% YoY growth. EV programs contribute 76% to the net order book of Rs 23,200 crore as of December 31, 2024. 9MFY25 Financial Highlights: Revenue of Rs 2,686 crore with 17% YoY growth. Revenue share from Battery Electric Vehicles (BEV) at 36%, BEV revenue growth of 52% YoY. EBITDA of Rs 740 crore with an EBITDA margin of 27.6% and 13% YoY growth. PAT of Rs 437 crore with a net profit margin of 16.2% and 19% YoY growth. Vivek Vikram Singh, MD and Group CEO, said: "In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% YoY, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India. Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024." Result PDF
Auto Parts & Equipment company Sona BLW Precision Forgings announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Revenue of Rs 925 crore with 17% YoY growth. Revenue share from Battery Electric Vehicles (BEV) at 36%, BEV revenue growth of 53% YoY. EBITDA of Rs 255 crore with a margin of 27.6% and 14% YoY growth. PAT of Rs 144 crore with a net profit margin of 15.5% and 16% YoY growth. EV programs contribute 78% to the net order book of Rs 23,100 crore as of Q2FY25. H1FY25 Financial Highlights: Revenue of Rs 1,818 crore with 19% YoY growth. Revenue share from Battery Electric Vehicles (BEV) at 35%, BEV revenue growth of 53% YoY. EBITDA of Rs 506 crore with an EBITDA margin of 27.8% and 19% YoY growth. PAT of Rs 286 crore with a net profit margin of 15.7% and 21% YoY growth. Vivek Vikram Singh, MD & Group CEO, said: "We achieved our highest-ever quarterly Revenue, EBITDA, BEV Revenue and BEV Revenue share in Q2FY25. Our revenue grew 17% YoY, driven mainly by the scale-up of the EV programs. Our BEV revenue grew 53% YoY, representing 36% of overall revenues. We have continued to progress on all our key strategic priorities. Today, we have entered an agreement with Escorts Kubota to acquire the Railway Equipment Division. Once completed, this acquisition will enhance our clean mobility product offerings by adding a market-leading railway components business. The railway industry presents long-term growth opportunities, and with the Railway Equipment Division business, we see significant potential to broaden our product range by incorporating advanced technology and engineered products." Result PDF