Sona BLW Precision Forgings shares rally 6% after Q2 profit rises 29%, revenue jumps 35%

Shares of Sona BLW Precision Forgings (Sona Comstar) rallied 5.9% to Rs 828 during Tuesday’s trading session after the company reported strong financial results for the September quarter of FY27. The mobility technology company posted a 35% year-on-year (YoY) increase in revenue and a 29% rise in net profit, with both metrics reaching record quarterly levels.

The company's consolidated revenue from operations increased 35% YoY to Rs 1,535.8 crore in Q2FY27 from Rs 1,138.2 crore in the corresponding quarter last year. Net profit rose to Rs 223.4 crore from Rs 172.7 crore, marking a 29% increase over the same period.

EBITDA grew 23% YoY to Rs 356 crore, with the EBITDA margin at 23%. Net profit margin stood at 14.4% during the quarter.

The company also reported record revenue from battery electric vehicles (BEVs), with BEV revenue growing 129% YoY. BEVs accounted for 51% of automotive revenue in Q2FY27, the highest share recorded by the company in a quarter.

For the first half of FY27, revenue increased 43% YoY to Rs 2,857 crore. EBITDA stood at Rs 658 crore, with a margin of 23%, while profit after tax (PAT) rose 36% YoY to Rs 403 crore. The net profit margin for the six-month period was 14.1%.

The company’s net order book stood at Rs 25,100 crore, with electric vehicle, robotics and physical AI programmes accounting for 65% of the total.

Order wins and new product launches

During Q2FY27, Sona Comstar secured new orders across multiple business segments, including three BEV programmes, one intelligent and connected solutions programme and three internal combustion engine (ICE) programmes.

The company also commercialised three new products during the quarter: a helical limited-slip differential for electric vehicles, air springs for railway passenger coaches and rear radar sensors for two-wheelers.

Commenting on the results, Vivek Vikram Singh, Managing Director and Group CEO, said revenue, EBITDA and PAT reached all-time highs during the quarter, supported by strong BEV growth, new product launches, order wins and cash generation. He added that the company secured Rs 3,600 crore in new business during the quarter, taking its net order book to Rs 25,100 crore. The company also generated more than 1.5 times the free cash flow from operations in H1FY27 compared with the whole of FY26.

Sona BLW Precision Forgings share price performance

Sona BLW Precision Forgings shares have gained around 72% over the past year. The stock has a market capitalisation of approximately Rs 50,448 crore, while its 52-week high stands at Rs 844.

According to Trendlyne technical data, the stock is trading above all eight of its simple moving averages (SMAs), indicating strength across the tracked moving-average periods.

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