Sona BLW Precision Forgings Ltd Share Price – NSE  / BSE

Auto Ancillaries, Small Cap

Sona BLW Precision Forgings has allotted 2,75,850 equity shares under ESOP on 27 January 2025. With this allotment, the paid up equity share capital has increased to Rs. 6,21,71,79,750 comprising of 62,17,17,975 equity shares of Rs 10 each.

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Profit before exceptional items and tax stood at Rs 208.70 crore in the third quarter of FY25, up 23.46% YoY. The firm reported an exceptional loss of Rs 5.7 crore during the quarter under review, due to the costs incurred in relation to various acquisition opportunities.

EBITDA stood at Rs 234.2 crore, registering a growth of 3% from Rs 227.3 crore posted in the corresponding quarter last year. EBITDA margin reduced to 27% in Q3 FY25, compared to 29.3% reported in Q3 FY24, largely due to product mix.

During the quarter, revenue from Battery EV grew 48% YoY to Rs 329 crore in Q3 FY25 and contributed 39% of total revenue.

Additionally, electric vehicle (EV) programs contributed 76% to the company's net order book, which stood at Rs 23,200 crore as of 31 December 2024.

Meanwhile, the board has declared an interim dividend of Rs 1.60 for the financial year 2024-2025. The record date for the same has been fixed as Monday, 5 February 2025.

Vivek Vikram Singh, MD & Group CEO, said, “In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% year-over-year, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India.

Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024.”

Sona BLW Precision Forgings is one of the world's leading automotive technology companies. The company has emerged as a global supplier with nine manufacturing and assembly facilities across India, the USA, Mexico, and China. It is primarily engaged in designing, manufacturing, and supplying highly engineered, mission-critical automotive systems and components to automotive OEMs.

Shares of Sona BLW Precision Forgings declined 2.27% to Rs 530.40 on the BSE.

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Sona BLW Precision Forgings announced that the Board of Directors of the Company at its meeting held on 23 January 2025, inter alia, have recommended the interim dividend of Rs 1.6 per equity Share (i.e. 16%) , subject to the approval of the shareholders.

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Profit before exceptional items and tax stood at Rs 208.70 crore in the third quarter of FY25, up 23.46% YoY. The firm reported an exceptional loss of Rs 5.7 crore during the quarter under review, due to the costs incurred in relation to various acquisition opportunities.

EBITDA stood at Rs 234.2 crore, registering a growth of 3% from Rs 227.3 crore posted in the corresponding quarter last year. EBITDA margin reduced to 27% in Q3 FY25, compared to 29.3% reported in Q3 FY24, largely due to product mix.

During the quarter, revenue from Battery EV grew 48% YoY to Rs 329 crore in Q3 FY25 and contributed 39% of total revenue.

Additionally, electric vehicle (EV) programs contributed 76% to the company's net order book, which stood at Rs 23,200 crore as of 31 December 2024.

Meanwhile, the board has declared an interim dividend of Rs 1.60 for the financial year 2024-2025. The record date for the same has been fixed as Monday, 5 February 2025.

Vivek Vikram Singh, MD & Group CEO, said, “In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% year-over-year, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India.

Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024.”

Sona BLW Precision Forgings is one of the world's leading automotive technology companies. The company has emerged as a global supplier with nine manufacturing and assembly facilities across India, the USA, Mexico, and China. It is primarily engaged in designing, manufacturing, and supplying highly engineered, mission-critical automotive systems and components to automotive OEMs.

Shares of Sona BLW Precision Forgings declined 2.27% to Rs 530.40 on the BSE.

Powered by Capital Market - Live News

Sona BLW Precision Forgings announced that the Board of Directors of the Company at its meeting held on 23 January 2025, inter alia, have recommended the interim dividend of Rs 1.6 per equity Share (i.e. 16%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

The Board of Sona BLW Precision at its meeting held on 23 January 2025 has approved the appointment of Vikram Verma Vadapalli (DIN: 03631259), as an Additional and Whole Time Director of the Company with effect from 24 January 2025.

The Board has also appointed Vineet Mittal (DIN:00058552), as an Additional Director in the capacity of the Independent Director of the Company w.e.f. 24 January 2025.

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Sona BLW Precision Forgings has allotted 2,75,850 equity shares under ESOP on 27 January 2025. With this allotment, the paid up equity share capital has increased to Rs. 6,21,71,79,750 comprising of 62,17,17,975 equity shares of Rs 10 each.

Powered by Capital Market - Live News

Profit before exceptional items and tax stood at Rs 208.70 crore in the third quarter of FY25, up 23.46% YoY. The firm reported an exceptional loss of Rs 5.7 crore during the quarter under review, due to the costs incurred in relation to various acquisition opportunities.

EBITDA stood at Rs 234.2 crore, registering a growth of 3% from Rs 227.3 crore posted in the corresponding quarter last year. EBITDA margin reduced to 27% in Q3 FY25, compared to 29.3% reported in Q3 FY24, largely due to product mix.

During the quarter, revenue from Battery EV grew 48% YoY to Rs 329 crore in Q3 FY25 and contributed 39% of total revenue.

Additionally, electric vehicle (EV) programs contributed 76% to the company's net order book, which stood at Rs 23,200 crore as of 31 December 2024.

Meanwhile, the board has declared an interim dividend of Rs 1.60 for the financial year 2024-2025. The record date for the same has been fixed as Monday, 5 February 2025.

Vivek Vikram Singh, MD & Group CEO, said, “In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% year-over-year, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India.

Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024.”

Sona BLW Precision Forgings is one of the world's leading automotive technology companies. The company has emerged as a global supplier with nine manufacturing and assembly facilities across India, the USA, Mexico, and China. It is primarily engaged in designing, manufacturing, and supplying highly engineered, mission-critical automotive systems and components to automotive OEMs.

Shares of Sona BLW Precision Forgings declined 2.27% to Rs 530.40 on the BSE.

Powered by Capital Market - Live News

Sona BLW Precision Forgings announced that the Board of Directors of the Company at its meeting held on 23 January 2025, inter alia, have recommended the interim dividend of Rs 1.6 per equity Share (i.e. 16%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Profit before exceptional items and tax stood at Rs 208.70 crore in the third quarter of FY25, up 23.46% YoY. The firm reported an exceptional loss of Rs 5.7 crore during the quarter under review, due to the costs incurred in relation to various acquisition opportunities.

EBITDA stood at Rs 234.2 crore, registering a growth of 3% from Rs 227.3 crore posted in the corresponding quarter last year. EBITDA margin reduced to 27% in Q3 FY25, compared to 29.3% reported in Q3 FY24, largely due to product mix.

During the quarter, revenue from Battery EV grew 48% YoY to Rs 329 crore in Q3 FY25 and contributed 39% of total revenue.

Additionally, electric vehicle (EV) programs contributed 76% to the company's net order book, which stood at Rs 23,200 crore as of 31 December 2024.

Meanwhile, the board has declared an interim dividend of Rs 1.60 for the financial year 2024-2025. The record date for the same has been fixed as Monday, 5 February 2025.

Vivek Vikram Singh, MD & Group CEO, said, “In Q3 FY25, we achieved our highest-ever quarterly net profit, BEV revenue, and BEV revenue share. We have made significant progress on all our key strategic priorities. Our BEV revenue grew by 48% year-over-year, now representing 39% of our overall revenues. We secured a new program to supply differential assemblies for one of our existing customers' innovative EV models in India.

Additionally, we received our second product order in the sensors and software vertical and successfully commercialized a new product, Zone Monitoring Sensors. We are also pleased to announce a major technological breakthrough in developing a 180-degree field of view using short-range radar sensors. Furthermore, we have increased our global market share in both differential gears and starter motors in 2024.”

Sona BLW Precision Forgings is one of the world's leading automotive technology companies. The company has emerged as a global supplier with nine manufacturing and assembly facilities across India, the USA, Mexico, and China. It is primarily engaged in designing, manufacturing, and supplying highly engineered, mission-critical automotive systems and components to automotive OEMs.

Shares of Sona BLW Precision Forgings declined 2.27% to Rs 530.40 on the BSE.

Powered by Capital Market - Live News

Sona BLW Precision Forgings announced that the Board of Directors of the Company at its meeting held on 23 January 2025, inter alia, have recommended the interim dividend of Rs 1.6 per equity Share (i.e. 16%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

The Board of Sona BLW Precision at its meeting held on 23 January 2025 has approved the appointment of Vikram Verma Vadapalli (DIN: 03631259), as an Additional and Whole Time Director of the Company with effect from 24 January 2025.

The Board has also appointed Vineet Mittal (DIN:00058552), as an Additional Director in the capacity of the Independent Director of the Company w.e.f. 24 January 2025.

Powered by Capital Market - Live News