Sona BLW Precision Forgings Ltd. (Sona Comstar), a prominent mobility technology company, has announced its financial results for the fourth quarter and the fiscal year ending March 31, 2026. The company reported a remarkable 47% year-on-year increase in revenue, reaching ₹1,272 crores for Q4 FY26. This growth was driven by significant advancements in the electric vehicle (EV) sector and the consolidation of its railway business.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew by 32% year-on-year to ₹311 crores, with a margin of 24.4%. Meanwhile, the profit after tax (PAT) increased by 17% year-on-year, amounting to ₹192 crores, with a net profit margin of 14.7%.
Sona Comstar’s revenue from battery electric vehicles (BEV) reached an all-time high, contributing 39% of the total revenue in Q4, with BEV revenue itself growing by 22% year-on-year. The company secured four new driveline orders, including three EV programs and one hybrid program, marking its first EV program win from European original equipment manufacturers (OEMs) in nearly four years.
For the full fiscal year FY26, Sona Comstar achieved a revenue of ₹4,475 crores, representing a 26% year-on-year growth. The EBITDA for the year stood at ₹1,107 crores, with an EBITDA margin of 24.7%. The adjusted PAT for FY26 was ₹670 crores, reflecting an 11% year-on-year growth.
The company added nine new EV programs and three new EV customers during FY26, increasing its total EV programs to 67 across 35 customers. Notably, Sona Comstar received significant orders from European OEMs for their BEV and hybrid platforms, adding substantial value to its order book.
Mr Vivek Vikram Singh, MD & Group CEO of Sona Comstar, highlighted the strategic importance of these achievements, emphasizing the company’s strengthened position in the EV market and its expanded offerings in the railway sector.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).