SEDEMAC Mechatronics Limited has released its investor presentation for Q2 and H1 FY27. The company reported a 40% Year-on-Year (YoY) growth in revenue for Q2 FY27, reaching INR 401 Cr. EBITDA and PAT also saw significant increases. The presentation highlights strong sales of control-intensive ECUs, exceeding 14 million cumulatively, and provides insights into market performance and future outlook, particularly in the mobility and industrial sectors.
SEDEMAC Mechatronics Financial Performance: Q2 & H1 FY27
SEDEMAC Mechatronics Limited has provided an investor presentation detailing its financial performance for the second quarter (Q2) and first half (H1) of FY27. The company showcased robust growth across key financial metrics.
Q2 FY27 Highlights
In the second quarter of FY27, SEDEMAC Mechatronics reported revenue from operations of INR 401 Cr, marking a substantial +40% YoY increase. EBITDA for the quarter stood at INR 76 Cr, up +22% YoY, with a margin of 19.0%. Profit After Tax (PAT) was reported at INR 39 Cr, a +30% YoY growth, representing a 9.8% margin.
H1 FY27 Performance
For the first half of FY27, the company’s revenue from operations reached INR 710 Cr, a notable +41% YoY growth. EBITDA for H1 FY27 was INR 136 Cr, an increase of +26% YoY, with a margin of 19.2%. PAT for H1 FY27 was INR 72 Cr, reflecting a significant +53% YoY growth and a margin of 10.2%.
TTM Q2FY27 Financials and Growth
The Trailing Twelve Months (TTM) for Q2 FY27 present an even stronger picture. Revenue from operations reached INR 1,265 Cr, driven by a +38% 3-year CAGR and +48% YoY growth. EBITDA for the TTM period was INR 250 Cr, with a +59% 3-year CAGR and +47% YoY growth. PAT saw an impressive +89% 3-year CAGR and +82% YoY growth, reaching INR 129 Cr. Return on Capital Employed (RoCE) stood at 34%, showing a +12% 3-year change.
Key Products and Market Presence
SEDEMAC designs and supplies critical, control-intensive Electronic Control Units (ECUs). Cumulatively, over 14 million control-intensive ECUs have been sold. The company serves major vehicle and industrial OEMs in India, the US, and Europe. A significant portion of revenue is generated from ECUs incorporating novel, in-house developed control technologies. Key products include ISG ECU, EFI ECU, ISG+EFI ECU, MCU, and Magneto/Motor for the Mobility sector, and Genset Controllers and EFI ECUs for the Industrial sector.
Market Updates and Outlook
Updates from H1FY27 indicate a ramp-up in ISG ECU for export ICE3W, leading to widespread penetration. E2W MCUs are slated for significant revenue contribution from EVs. ISG+EFI ECUs are showing strong ramp-up, with 1 million shipped since October 2024. For markets under development, ACU and MCU for CVs and LCVs are progressing towards SOPs in FY28. Industrial product offerings include SLC Technology and MCUs for power tools.
The company also provided updates on new plant acquisitions and expansions, including MF3 Chakan, Pune (Pilot production started), MF4 Chakan, Pune (Expected shipment start of Electric Machines from Q3FY27), and MF5 Shoolagiri, TN (Future shipments to customers in South India). Capex and Working Capital are being funded through internal accruals and debt.
Key Risks and Growth Drivers
Key risks identified include customer concentration and the relevance of 2/3W EV technology. R&D efforts are focused on continually yielding innovative propositions. Key growth drivers for FY27 include the introduction of SEDEMAC ISG ECUs on popular motorcycle models and the continued ramp-up of E2W MCUs and export ISG ECUs.
Source: BSE
