Sharda Motor Industries Ltd. · NSE:SHARDAMOTR
Sharda Motor Industries — Q3 FY26 Earnings Presentation
38 slides from Sharda Motor Industries's earnings presentation, Feb 9, 2026
Slide 1: Exchange filing cover letter for investor presentation
SMIL: LISTING/26-27/0902/01 February 09, 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, 5th Floor Pheroze Jeejeebhoy Towers Plot No. C/1, G Block Dalal Street, Mumbai - 400 001 Bandra - Kurla Complex, Mumbai - 400 051 (SCRIP CODE - 535602)
Slide 2: Investor Presentation February 2026
InvestorPresentation FEBRUARY 2026 www.shardamotor.com
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”) have been prepared by Sharda Motor Industries Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall
Slide 4: Contents
Contents 0 5 1. Company Overview 2. Emission Control Vertical 3. Lightweighting Vertical 4. Global Business Vertical 5. Board & Management Details 6. Financials and CSR 3 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 5: Company Overview
Company Overview
Slide 6: Company Overview
Company Overview 0 5 Business Verticals 08 Manufacturing Facilities Head office in Delhi, India Emission Control Chennai – 2, Pune – 3, Lightweighting Nashik – 2, Sanand - 1 Global Business 1000+ On-Roll Employees Strategic Supply Chain Management Collaborations Q3FY26 Revenue: ~30% value Market sha
Slide 7: Sharda Motor | The journey so far
6 Sharda Motor | The journey so far 0 5 1994 1998 2002 1986 1987 Launch of 1ˢᵗ large scale Foray into Exhaust Ventured into Suspension Inception of IPO & Listing at Delhi 2007 production unit & entry Systems business with assembly business & Sharda Motor Stock Exchange Investment in into Trim busine
Slide 8: Sharda Motor | Product Portfolio
Sharda Motor | Product Portfolio Soft-top Canopies Independent Front Suspension Emission Control Systems Assembly Upper & Lower Control Arm Front Axle Assembly 7 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 9: Strategically located best-in-class manufacturing facilities
Strategically located best-in-class manufacturing facilities State-of-the-art manufacturing facilities located at the heart of India’s automotive clusters Corporate Office Manufacturing facility Delhi ● Corporate Office R&DFacility Sanand ● Exhaust System Nashik 2 facilities ● Exhaust Systems ● Roof
Slide 10: Overview | Emission Control Vertical
Overview | Emission Control Vertical From an idea to its manufacturing, Sharda Motor leads the market in this category ~30% Value Market Share in India for the passenger vehicle & Comprehensive Customer Base: Catering to both domestic Light Commercial Vehicle segment. and international markets. Serv
Slide 11: State-of-the art Research and Development set up
State-of-the art Research and Development set up State-of-the-art R&D facility at Chennai Design&DevelopmentCentre at Namyang, South Korea Established in 2011,working with Strategic Established R&D unit for exhaustsystemin2002and Customersand Sharda Motor’s INDIAR&D emissioncontrolsystemin 2010 at M
Slide 12: R&D focused approach has yielded tremendous results
R&D focusedapproach has yieldedtremendous resultsfor Sharda Motor 0 5 Sharda Motor has filed 20 IPs in last 4 years and 4 patents granted Capital steadily invested over the years to build competencies in R&D IP - 01 Exhaust Micro- perforated Patch Patent Granted Documented IP - 02 Standard, Testing
Slide 13: State-of-the-art, future-ready capabilities
State-of-the-art, future-ready capabilities ShardaMotorhas invested inits units Fully-backward integrated manufacturing facilitiesready for incrementalgrowthwithoutcapex Gross Tangible Assets (INR crores) TubeMillManufacturing-( BackwardIntegration) ● Wide product range of ERW tubes in the industry
Slide 14: Overview | Lightweighting Vertical
Overview | Lightweighting Vertical From an idea to its manufacturing, Sharda Motor is one of the fastest growing player in this product category ~12.5% value market share for Passenger vehicle & Light Commercial Vehicle Control Arms in India Comprehensive Services from design to validation. Strategi
Slide 15: Lightweighting emerges as one of the key megatrends for Auto OEMs globally
Lightweighting emerges as one of the key megatrends for Auto OEMs globally Drivers of Lightweighting • To reduce fuel consumption by lowering CO2 emissions CAFÉ Norms • Serves twin purpose of Govt- Reducing oil imports and controlling pollution (CO2 emission CAFÉ Norms CO2 target roadmap regulation)
Slide 16: Enhancing Suspension Portfolio-TLA Signed With Donghee Industrial
Enhancing Suspension Portfolio-TLA Signed With Donghee Industrial Co. Ltd., Republic of Korea. Control Arm Links Subframe Torsion Beam • Strengthening existing control arms and links business • Global player specialising in chassis, with cutting edge technology. suspension, body-in-white, fuel tank,
Slide 17: Targeting the biggest markets with our core capabilities
Targeting the biggest markets with our core capabilities Key Markets Key Segments USA EUROPE Commercial Genset CEV Tractor Vehicle (Under 100 HP) Select Target Products Tractor Components (DOC, Genset Hot End SCR Outlet Assembly Exhaust Pipe DPF, SCR) CEV Components Heat Shield Temperature Controlle
Slide 18: Capitalizing on emerging theme of 'China+1'
Capitalizing on emerging theme of ‘China+1’ to grow revenues from overseas customers Over the last few years, on the back of supply chain issues led by the COVID-1 9 pandemic and trade war shocks, trade relations between US, EU and China have been disrupted. In addition, new emission norms have also
Slide 19: Deep-rooted relationships with marquee OEMs
Sharda Motor has deep-rooted relationships with marquee OEMs 0 5 Cateringtocustomersacrossvehiclesegments Sharda Motor is well recognized for its quality and reliability FY25 Consolidated Revenue from Operations split 2025 2025 2025 2025 by end-user vehicle segment (%) Gold GoldAward Award––Safety,
Slide 20: FY'25 Announced New Significant Orders updates
FY’25 Announced New Significant Orders updates 0 5 Suspension Control Emission Suspension Control CEV Adjacencies Arms Components Arms Lightweighting Global Business Lightweighting Emission Control Vertical Vertical Vertical Vertical One of the fastest North American largest One of the fastest One o
Slide 21: Significant New Orders Received in FY26 (1/2)
Significant New Orders Received in FY26 in New Verticals (1/2) 0 5 Emission Suspension Control Arms Suspension Control Suspension Links Components & Links Arms Global Business Lightweighting Lightweighting Lightweighting Vertical Vertical Vertical Vertical North American Largest Additional Order Val
Slide 22: Significant New Orders Received in FY26 (2/2)
Significant New Orders Received in FY26 in New Verticals(2/2) 0 5 Suspension Control Emission Adjacencies Emission Components Arms Global Business Vertical Lightweighting Vertical Global Business Vertical Large Heavy Industry One of the fastest North American Largest Emissions company growing Engine
Slide 23: Key favourable Market Trends shaping our Growth Strategy
Key favourable Market Trends shaping our Growth Strategy Lightweighting Trend Strong requirement for Lightweighting due to Multi powertrains, upcoming CAFÉ norms & Safety requirements ▪ Consolidating market for high tensile control arms ▪ Few local players with new age lightweighting technology Chin
Slide 24: Key Future Growth Areas
Key Future Growth Areas Scaling up the Growing revenue from Capturing opportunities in M&A in Powertrain Lightweighting Vertical exports with focus on increasing domestic Agnostic Products & entry Europe & USA Markets addressable Market & into adjacent exponential Adjacencies markets ▪ Increasing Ma
Slide 25: Operations overseen by well-experienced board
Operations overseen by well-experienced board… Mr. Navin Paul Mr. Kishan Parikh Mr. Ajay Relan Chairman, Non- Mr. Nitin Vishnoi Independent Non- Managing Director Executive Director Executive Director and Executive Non- Company Secretary Independent Director ● Has over 23 years of work experience ●
Slide 26: Complimented by experienced senior management
…complimented by experienced senior management Mr. Aashim Relan Mr. Ashwani Mr. G D Takkar Mr. Nitin Vishnoi Mr. Ajay Relan Group CFO Executive Director Managing Group Chief Executive Maheshwari and Company Director Officer Deputy Managing Director Secretary ● Responsible for managing ● 30+ years of
Slide 27: Consolidated Key Financial Highlights Q3 FY26
Consolidated Key Financial Highlights Q3 FY26 Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) 106 882 81 75 75 101 787 95 690 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 26 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 28: Consolidated Key Financial Highlights 9M FY26
Consolidated Key Financial Highlights 9M FY26 Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) 306 2,425 296 256 231 2,087 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 27 Privileged & Confidential, © 2025, All Rights Reserved.
Slide 29: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q3FY26 Q3FY25 YoY Q2FY26 QoQ 9MFY26 9MFY25 YoY Revenue from Operations 881.6 690.0 28% 787.2 12% 2,425.0 2,086.7 16% Cost of Goods Sold 679.3 509.0 592.4 1,838.4 1,537.6 Gross Profit 202.3 181.0 12% 194.9 4% 586.7 549.1 7% Gross Profit Ma
Slide 30: Consolidated Balance Sheet
Consolidated Balance Sheet Equity & Liabilities (Rs. Crores) Sep-25 Mar-25 Assets (Rs. Crores) Sep-25 Mar-25 Total Equity 1,142.9 1,061.8 Non - Current Assets 348.7 337.0 Property Plant & Equipments 216.5 195.2 Share Capital 11.5 5.7 Capital Work In Progress 6.6 8.5 Reserves & Surplus 1,131.4 1,056.
Slide 31: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Consolidated Particulars (Rs. Crores) H1FY26 H1FY25 Net Profit Before Tax 232.0 208.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items -31.7 -3.3 Operating profit before working capital changes 200.2 205.3 Changes in working capital -2.6 -14.3 C
Slide 32: Historical Consolidated Key Financial Highlights
Historical Consolidated Key Financial Highlights Revenue from Operations (INR Crores) EBITDA (INR Crores) PAT (INR Crores) CAGR: 8% CAGR: 20% CAGR: 28% 396 315 2,809 2,837 300 2,700 361 2,255 282 208 228 149 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 31 Privileged & Confidential, ©
Slide 33: Historical Consolidated Key Financial Highlights
Historical Consolidated Key Financial Highlights Return on Equity % Return on Capital Employed 39% 38% 37% 34% 35% 31% 30% 30% FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 32 Privileged & Confidential, © 2025, All Rights Reserved. Note : Return on Equity = Net Profit After Tax/Total Equity; Return on Cap
Slide 34: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. Crores) Q3FY26 Q3FY25 YoY Q2FY26 QoQ 9MFY26 9MFY25 YoY Revenue from Operations 881.6 690.0 28% 787.2 12% 2,425.0 2,086.7 16% Cost of Goods Sold 679.3 509.0 592.4 1,838.4 1,537.6 Gross Profit 202.3 181.0 12% 194.9 4% 586.7 549.1 7% Gross Profit Marg
Slide 35: Standalone Balance Sheet
Standalone Balance Sheet Equity & Liabilities (Rs. Crores) Sep-25 Mar-25 Assets (Rs. Crores) Sep-25 Mar-25 Total Equity 1,159.6 1,078.7 Non - Current Assets 365.3 353.8 Property Plant & Equipments 216.5 195.2 Share Capital 11.5 5.7 Capital Work In Progress 6.6 8.5 Reserves & Surplus 1,148.1 1,072.9
Slide 36: Standalone Cash Flow Statement
Standalone Cash Flow Statement Standalone Particulars (Rs. Crores) 30-Sep-25 30-Sep-24 Net Profit Before Tax 231.8 208.3 Adjustments for: Non -Cash Items / Other Investment or Financial Items -31.6 -3.0 Operating profit before working capital changes 200.2 205.3 Changes in working capital -2.6 -14.3
Slide 37: Corporate Social Responsibility – Sharda Unnati CSR Programmes
Corporate Social Responsibility – Sharda Unnati CSR Programmes Sharda - Green India Campaign Sharda Educate Blood Donation Drives Sharda Motor believes in promoting Infrastructure development, learning Organized regular voluntary blood donation environmental sustainability through regular tree mater
Slide 38: Contact Us
Contact Us Sharda Motor Industries Ltd. Investor Relations Advisors Mr. G D Takkar Mr. Kanav/ Mr. Salman Mohammed Shiras/ Group CFO Mahalakshmi Venkatachalam Investor Relations Practice 011-47334100 +91 9910036240 / +91 9654552746 / 8655697598 gd.takkar@shardamotor.com kanav.Khanna@in.ey.com/ salman
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