Schaeffler India delivered robust financial results for the September quarter of FY27, with net profit rising 20.7% year-on-year to ₹349 crore compared with ₹289 crore in the corresponding quarter of the previous year. According to reports from CNBC TV18, the company's revenue increased 26.9% to ₹3,089.4 crore from ₹2,434.6 crore in the year-ago period. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 17.8% to ₹537 crore from ₹456 crore, demonstrating strong operational performance despite margin pressures.
Despite strong revenue growth, the company faced margin compression during the quarter. As reported by CNBC TV18, EBITDA margin declined to 17.4% from 18.7% in the corresponding quarter of the previous year, indicating pressure on profitability despite strong revenue growth. Managing Director and CEO Harsha Kadam attributed this to rising input costs and a weakening rupee, which had marginally affected earnings quality. However, the company's mitigation measures helped partially manage the impact of these cost headwinds.
In a significant development, Schaeffler India announced that promoters may consider monetizing a small part of their existing shareholding while maintaining majority control of the company. According to CNBC TV18, the promoters have maintained their intention to retain majority control by owning at least two-thirds of the company's equity. At the end of September, they held 74.13% stake in the firm, indicating a potential divestment of a minor portion while preserving strategic control.
According to CNBC TV18, strong demand from the automotive sector and stronger-than-expected industrial output in India supported the company's performance during the quarter. Both domestic business and intercompany exports registered double-digit growth during the quarter, contributing to the robust financial results. The company's focus on delivering value to stakeholders, supported by its order book and capital expenditure plans, remains a key strategic priority.
Schaeffler India shares closed at ₹3,680.00 on the NSE on October 27, 2026, gaining ₹159.50, or 4.66%, during the session. As reported by CNBC TV18, the stock opened at ₹3,520 and the company's market capitalization stands at ₹57,519.75 crore. The stock has experienced volatility with a 7% decline in the past month, 14.1% drop in the last six months, and is down 4.9% in 2026 so far. The stock trades 17% below its 52-week high of ₹4,467.70, indicating positive investor sentiment following the strong quarterly results despite recent market pressures.
