SHARDA MOTOR INDS LTD

Sharda Motor Industries Limited (SMIL) held its Q1 FY27 earnings conference call on August 11, 2026, where management discussed the company's operational and financial performance for the quarter ended June 30, 2026. The Indian automobile industry showed strong growth, with domestic production increasing over 22% year-on-year. SMIL reported consolidated revenues of INR 1,011.1 crores, a 34% increase from the previous year, while gross profit grew by 8% to INR 203.9 crores. EBITDA was reported at INR 103.2 crores, reflecting a 5% year-on-year growth. Management highlighted ongoing diversification efforts across products, powertrains, and geography, and noted progress in lightweighting and emission business strategies. The company remains focused on disciplined execution and capital allocation amidst a supportive operating environment, despite geopolitical risks. Management expressed confidence in long-term growth opportunities driven by rising mobility needs and infrastructure spending.

Management highlighted strong growth and ongoing strategic initiatives.