Schaeffler India announced strong Q3 CY25 results with revenue reaching INR 2,360 crores, a 13.9% increase year-over-year. The company achieved a 20% EBITDA margin, driven by localization efforts now at 79%. New business wins remain a key focus, particularly in automotive technology. While exports saw strong growth, domestic business also contributed. The company maintains its commitment to double-digit growth and improved operating margins.
Financial Performance
Schaeffler India reported revenue of INR 2,360 crores for Q3 CY25, marking a 13.9% increase compared to the same period last year and a 3.4% increase from the previous quarter. The company’s EBITDA margins reached 20%, a significant milestone, with a profit after tax of INR 307 crores.
Segmental Performance
Growth was primarily fueled by the automotive sector and exports. Automotive Technologies grew by 18.7% in the nine-month period. Vehicle Lifetime Solutions also experienced growth at 10.6%, while Bearings and Industrial Solutions grew by 4.1%. Intercompany and Exports showed a robust growth of 27.5%. The company’s business distribution sees Bearings and Industrial Solutions as the largest segment at 38%.
Strategic Focus
The company’s localization efforts have reached 79%, aligning with the Atmanirbhar Bharat agenda. Key focus areas include securing new business wins and localizing production to meet both domestic and export demand. The company is committed to delivering value to customers through qualitative products and continuous improvement.
New Business Wins and Investments
Schaeffler India continues to focus on new business wins across automotive technology, vehicle lifetime solutions, and bearings and industrial solutions. Capital expenditure remains on track with investments in capacities. The company aims to leverage existing investments and enhance value generation.
KRSV Innovative Auto Solutions
KRSV Innovative Auto Solutions (Koovers), the company’s e-commerce platform, contributed INR 74.8 crores in revenue for the quarter. While still working towards profitability, plans are underway to reverse the current trend and achieve positive performance.
Outlook and Strategy
Schaeffler India remains committed to double-digit growth and improved operating margins. The company is closely monitoring the impact of GST reforms and anticipates stronger traction in the automotive industry. Efforts to grow both domestic and export businesses continue, with a focus on capacity investments and localized production.
Source: BSE
