Schaeffler India Limited has announced its financial results for the third quarter of the 2026 fiscal year, showcasing robust performance. The company reported a significant 27.4% year-on-year revenue growth, reaching INR 3,005 crores. EBITDA also saw a healthy increase of 18% year-on-year, reaching INR 562 crores, despite input cost pressures.
Schaeffler India Q3 CY26 Earnings Highlights
Schaeffler India Limited has released its financial results for the third quarter of the 2026 fiscal year, detailing strong operational and financial performance. The company achieved a total revenue of INR 3,005 crores for the quarter, marking a substantial 27.4% growth compared to the same quarter in the previous year. This performance was driven by double-digit growth across most of its business segments.
Financial Performance
The company’s EBITDA for the quarter stood at INR 562 crores, reflecting an 18% improvement year-on-year. This increase was primarily attributed to a gross margin improvement of INR 192 crores, driven by successful efforts in recovering inflationary input costs, although challenges remain. Profit after tax for the quarter was INR 370 crores. The company also invested INR 182 crores in capital expenditure during the quarter, underscoring its commitment to future growth.
Segmental Performance and Outlook
All major business segments of Schaeffler India demonstrated positive growth. The Automotive Technologies segment grew by 35% year-on-year, while Vehicle Lifetime Solutions saw a 22% growth. The Bearings and Industrial Solutions segment recorded a 14.7% growth year-on-year, and the export business grew by an impressive 46.3%. The company remains optimistic about maintaining double-digit growth momentum, driven by new business wins and strategic market positioning.
Key Business Drivers
A strong pipeline of new business wins has been a key driver for revenue growth. The company continues to focus on acquiring new customers and deepening relationships with existing ones. In the Industrial automation sector, which currently represents 3% of the total business, Schaeffler sees significant potential for growth. Efforts are underway to enhance competitiveness in this segment, which includes machine tool, robotics, and humanoid industries. The company also highlighted its commitment to localization efforts, targeting 85% localization for traded goods.
Investor Engagement
The transcript also detailed discussions on various investor queries, including margin impact from input cost increases, export performance, and the sustainability of growth in different segments. The company reaffirmed its commitment to generating value for stakeholders through consistent growth and operational efficiency.
Source: BSE
