Sona Comstar announced a strong 39% YoY increase in revenue, reaching ₹12,085 million for Q3 FY26. EBITDA also rose by 30% YoY to ₹3,046 million. Adjusted PAT saw a 20% increase. BEV revenue comprised 38% of automotive product revenue. The company’s robust order book stands at ₹235 billion, providing strong revenue visibility. While BEV revenue decreased by 3%. Adjusted PAT Margin lowered by ~2.5% due to lower EBITDA.
Q3 FY26 Financial Highlights
Sona Comstar reported impressive financial performance for Q3 FY26, demonstrating substantial growth in key metrics:
- Revenue: Increased by 39% YoY to ₹12,085 million
- EBITDA: Grew by 30% YoY to ₹3,046 million, with an EBITDA margin of 25.2%
- Adjusted PAT: Rose by 20% YoY to ₹1,809 million, resulting in a PAT margin of 14.9%
BEV (Battery Electric Vehicle) revenue for the quarter was ₹3,202 million, which is a -3% growth YoY and accounted for 38% of the total automotive product revenue.
9M FY26 Performance Overview
The company’s performance over the nine months ending December 31, 2025, also reflects strong growth:
- Revenue: Increased by 19% YoY to ₹32,029 million
- EBITDA: Grew by 8% YoY to ₹7,962 million, with an EBITDA margin of 24.9%
- Adjusted PAT: Increased by 9% to ₹4,784 million with a PAT Margin of 14.8%.
Order Book and Electrification
Sona Comstar’s net order book stands at ₹235 billion (6.8x FY25 revenue), providing strong visibility for future revenue. 33% of 9M FY26 Automotive Product Revenue is from BEV.
The company has secured 64 EV programs across 33 different customers as of Q3 FY26. 8.7% Global Market Share of Differential Gears in CY25 and 4.2% Global Market Share of Starter Motors in CY25.
Source: BSE
