Schaeffler India Limited delivered a strong performance for the first quarter of 2026, reporting revenue of INR 2,507 crores, an 18.8% year-on-year growth. Despite global supply chain headwinds and minor liquidity challenges in certain sectors, the company maintained an EBITDA margin of 19.3%. Management highlighted a focus on localization, with local content now reaching 80%, and continued investment in automotive technology and industrial segments to drive long-term shareholder value.
Quarterly Financial Performance
Schaeffler India demonstrated significant financial growth during Q1 CY26, achieving total revenue from operations of INR 2,507 crores. This represents an 18.8% increase compared to the same period in the previous year. Profit after tax stood at INR 319.7 crores, marking a 12.8% year-on-year improvement. The company successfully maintained its EBITDA at INR 483 crores, reflecting a strong margin of 19.3%, even while navigating cost calibration exercises and supply chain pressures stemming from regional geopolitical conflicts.
Segment and Operational Highlights
The company’s automotive division remains a key driver of growth, with the Automotive Technologies segment recording a 30.8% year-on-year increase. Furthermore, the Vehicle Lifetime Solutions business posted 18.1% growth over the previous year. Export performance was equally robust, registering a 32.5% increase compared to the same quarter last year, supported by strong demand from intercompany partners across Europe, China, and the Americas.
Strategic Focus: Localization and Investment
Management underscored its commitment to enhancing local supply chains, with localization levels now reaching 80%. This strategy is central to mitigating import dependency and optimizing costs. Looking ahead to the remainder of 2026, the company plans to continue its capital expenditure, with investments targeted in the range of INR 400 crores to 500 crores. This investment will support ongoing greenfield projects, such as the second hall at the Shoolagiri plant, ensuring the company remains well-positioned to meet future demand across its core industrial and automotive portfolios.
Source: BSE
