Ndr Auto Components LimitedUnclassifiedNDRAUTO
Q1 FY27 earnings callNdr Auto Components Limited
NDR Auto delivered revenue of INR 221.45 crore driven by strong order book execution, maintained healthy EBITDA margins at 11.88%, and commenced operations at two new facilities to diversify its product portfolio.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Revenue | INR 221.45 crore | — | |
| EBITDA Margin | 11.88% | — | |
| EBITDA | INR 26.44 crore | — | |
| PAT | INR 16.40 crore | — |
Financials
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹175.20 Cr+24.9% YoY+0.6% QoQ | ₹13.39 Cr+56.8% YoY+12.1% QoQ | ₹5.63-21.6% YoY+12.2% QoQ |
| Q2 FY25 | ₹174.23 Cr+10.5% YoY+1.7% QoQ | ₹11.94 Cr+15.7% YoY+3.6% QoQ | ₹5.02-42.1% YoY-48.2% QoQ |
| Q1 FY25 | ₹171.31 Cr+34.2% YoY-2.7% QoQ | ₹11.53 Cr+39.9% YoY-0.7% QoQ | ₹9.70-30% YoY-0.6% QoQ |
| Q4 FY24 | ₹176.05 Cr+35.2% YoY+25.5% QoQ | ₹11.61 Cr+16.6% YoY+35.9% QoQ | ₹9.76-41.8% YoY+35.9% QoQ |
| Q3 FY24 | ₹140.27 Cr+32.7% YoY-11% QoQ | ₹8.54 Cr+50.4% YoY-17.2% QoQ | ₹7.18-24.9% YoY-17.2% QoQ |
TL;DR
- Revenue was INR 221.45 crore.
- EBITDA margin was 11.88%.
- NDR Hayashi facility for sunshades commenced operations in June 2026.
- NDR Auto South subsidiary plant inaugurated, with SOP starting from Q2 FY27.
- Order book stands at INR 650 crore.
- Target is to achieve INR 3,000 crore revenue by 2030.
Said on the call
“We are not facing any pressure from customers to reduce selling price. We have actually been able to set off our cost increases with operational efficiencies.”
From the Q&A
| Topic | What management said |
|---|---|
| Order Book and Revenue Target | Management confirmed an order book of INR 650 crore, which will contribute incrementally until 2030, and reiterated the INR 3,000 crore revenue target by 2030, with about INR 2,000 crore expected from organic business and INR 1,000 crore from inorganic growth. |
| Margin and ROCE Outlook | Management expects EBITDA margins to remain at a similar level of about 11% to 12% and ROCEs to be maintained, citing commodity price indexing and operational efficiencies. |
| New Facilities and Ramp-up | The NDR Auto South plant in Anantapur will start production in the next 10-15 days (Q2 FY27) with a revenue potential of INR 70-80 crore; the NDR Hayashi JV (sunshades) has commenced operations but will incur losses for some quarters until it reaches a break-even revenue of INR 100-150 crore. |
| Customer Diversification | Management is bidding for new business from Toyota and Kia, alongside existing work with other OEMs, aiming to diversify beyond the core client Maruti Suzuki over the next 2-3 years. |
| Capex and Growth Plans | Annual capex is expected to be INR 40-50 crore for the next couple of years; the company is looking to acquire new business for two empty land parcels before setting up plants. |
| Bharat Seats Performance | Bharat Seats grew revenues by about 35% in Q1 FY27, exceeding expectations, and its revenue target by 2030 is now around INR 3,500 crore. |
Guidance
- Target to achieve INR 3,000 crore revenue by 2030, with INR 2,000 crore from organic business and INR 1,000 crore from inorganic growth.
- EBITDA margin expected to remain around 11-12%.
- Annual capex of INR 40-50 crore for next couple of years.
- Bharat Seats revenue target is around INR 3,500 crore by 2030.
Source
Summary written from the transcript filed by Ndr Auto Components Limited for the call held on 17 Aug 2026; published 18 Aug 2026, 20:47 IST.