Schaeffler India announced a substantial 27.4% year-on-year revenue growth for the third quarter of 2026, reaching ₹30,058 million. This performance was driven by double-digit growth across all business divisions, with domestic business increasing by 24.0% and exports by 46.3%. The company also noted a 12.1% sequential growth from the previous quarter.
| Unit | Q3 2026 | Q2 2026 | Q3 2025 | 9M 2026 | 9M 2025 |
| Revenue (mn INR) | 30,058 | 26,814 | 23,601 | 81,942 | 67,523 |
| Revenue growth (YoY) % | 27.4% | 17.5% | 13.9% | 21.4% | 12.7% |
| EBITDA (mn INR) | 5,617 | 5,132 | 4,760 | 15,579 | 13,320 |
| EBITDA Margin % | 18.7% | 19.1% | 20.2% | 19.0% | 19.7% |
| PAT (mn INR) | 3,704 | 3,367 | 3,067 | 10,268 | 8,683 |
| PAT Margin % | 12.3% | 12.6% | 13.0% | 12.5% | 12.9% |
| Capex (mn INR) | 1,822 | 958 | 843 | 3,568 | 2,670 |
| FCF (mn INR) | 408 | 965 | 2,232 | 2,742 | 7,471 |
Q3 2026 Performance Highlights
Schaeffler India achieved a revenue of ₹30,058 million in Q3 2026, marking a significant 27.4% increase compared to Q3 2025. This growth was 12.1% higher than the revenue reported in Q2 2026. The company’s earnings quality was marginally impacted by increased input costs and fuel prices, leading to an EBITDA margin of 18.7% for the quarter. Profit After Tax (PAT) stood at ₹3,704 million, a 12.3% margin. Capital expenditure (Capex) for the quarter was ₹1,822 million, with the framework remaining on track. Free Cash Flow (FCF) was ₹408 million, impacted by an increase in working capital.
Revenue from Operations Analysis
Total revenue for Q3 2026 reached ₹30,058 million, reflecting robust growth. The revenue mix for Q3 2026 shows Automotive Technologies contributing 37%, Bearings & Industrial Solutions at 35%, Vehicle Lifetime Solutions at 11%, and Exports & Others at 17%. Key aspects highlighted include double-digit growth across all businesses, with domestic business up 24.0% and exports up 46.3% year-on-year. Quarter-on-quarter, domestic business grew by 12.0% and exports by 12.7%.
Sales Mix Breakdown (Q3 2026)
The sales mix for Q3 2026 is detailed as follows:
- Automotive Technologies: 37%
- Vehicle Lifetime Solutions: 11%
- Bearings & Industrial Solutions: 35%
- Exports & Others: 17%
Key Aspects and Business Wins
Schaeffler India experienced YoY double-digit growth across all businesses. Domestic business saw a significant increase of 24.0%, while exports grew by 46.3%. QoQ, the domestic business showed strong growth at 12.0% and exports at 12.7%. The company also provided updates on its sustainability efforts, ranking #1 in India and #7 globally in the S&P Global Corporate Sustainability Assessment 2025. Key manufacturing technologies and diverse sectors served were also outlined, alongside executive leadership and board of directors’ details.
Source: BSE