Sharda Motor Industries Ltd. has announced robust results for Q4 and FY26, reporting a quarterly revenue of ₹9,718 million and an annual revenue of ₹3,397 crore. The company continues to solidify its market position, achieving 30% value market share in the PV & LCV emission segment and 14% share in control arms. With a focus on lightweighting and R&D, Sharda Motor is strategically scaling operations globally while maintaining strong domestic relationships.
Fiscal Performance Highlights
For the quarter ended March 31, 2026, Sharda Motor delivered a strong financial performance, reporting a quarterly revenue from operations of ₹971.8 crore, contributing to an annual revenue of ₹3,397 crore for FY26. The company maintained a healthy EBITDA of ₹418.7 crore for the full year, with a profit after tax of ₹345.4 crore, reflecting a 10% year-on-year growth.
Strategic Business Verticals and Innovation
The company continues to diversify through its core business segments: Emission Business, Lightweighting Business, and its emerging Global Business. A significant milestone in the current fiscal year was the establishment of a dedicated Lightweighting Business Vertical, complemented by a technology licensing agreement with Donghee Industrial, Korea. This partnership is expected to increase the ‘content per vehicle’ for lightweighting components from ₹2K–₹8K to ₹6K–₹18K.
R&D and Operational Excellence
Innovation remains a key pillar for the company, evidenced by the filing of 22 patents and the successful granting of 4 patents over the last four years. Sharda Motor operates nine state-of-the-art manufacturing facilities across India and maintains a strong R&D presence, including a Design & Development Centre in Namyang, South Korea. These investments have enabled the company to cater to evolving emission norms and maintain its status as a preferred partner for marquee OEMs.
Expansion into Global Markets
Capitalizing on the ‘China+1’ trend, Sharda Motor is aggressively growing its export footprint in Europe and the USA. By leveraging its expertise in emission control systems and temperature-controlled tubes, the company has secured multiple significant orders from international heavy industry and engine manufacturers. These new orders, including major wins in Q4 FY26, reinforce the company’s commitment to capturing global market share and driving long-term value creation.
Source: BSE
