Bonfiglioli Transmissions Limited announced its unaudited financial results for the third quarter and nine months ended September 30, 2026. The company achieved record performance, with Q3 CY26 revenue from operations growing 30.2% year-over-year to ₹6,602 crore. Profit after tax also saw a substantial increase. The management anticipates continued growth, projecting a revenue CAGR of approximately 15% from CY26-CY28.
Bonfiglioli Transmissions Reports Record Q3 CY26 Financials
Bonfiglioli Transmissions Limited, a leading manufacturer of gearboxes and drive solutions, has announced its unaudited financial results for the quarter and nine months ended September 30, 2026. The company achieved its best-ever quarterly performance, marking a significant milestone as a listed entity.
Q3 CY26 Financial Highlights
In the third quarter of CY26, Bonfiglioli Transmissions reported a robust revenue from operations of ₹6,602 crore, representing a substantial 30.2% increase compared to the same period in the previous year (Q3 CY25). EBITDA also saw a significant jump of 38.0% to ₹1,289 crore, with an improved EBITDA margin of 19.5%. Net profit after tax rose by 38.2% to ₹871 crore, resulting in a profit after tax margin of 13.1%.
Nine Months CY26 Performance
For the nine months ended September 30, 2026, the company’s revenue from operations grew by 22.8% year-over-year to ₹17,920 crore. The EBITDA margin for the nine-month period stood at 19.7%, and the profit after tax margin was 13.1%.
Revenue Mix and Key Verticals
The revenue mix for Q3 CY26 shows Industry & Automation contributing 41.2%, Off-Highway Mobility at 31.2%, and Wind at 25.7%. Geographically, domestic revenue accounted for 67.6% and exports for 32.4%. For 9M CY26, Industry & Automation was 42.0%, Off-Highway Mobility 29.4%, and Wind 26.8%, with domestic revenue at 69.4% and exports at 30.6%.
Management Commentary and Outlook
Mr. Kennady V Kaippally, Managing Director, commented on the strong performance, highlighting record financial results driven by robust demand across domestic and export markets. He noted strong growth in Industry & Automation, Off-Highway Mobility, and Wind Energy segments. For the full year CY26, the company expects revenue growth of approximately 20%. Looking ahead to CY26-CY28, Bonfiglioli Transmissions aims for a revenue CAGR of about 15% while maintaining an EBITDA margin around 18.5%.
Source: BSE