Synopsis:
Singapore-based Integrated Core Strategies (Asia) has acquired 1.04 crore shares (1.68% stake) in an auto component maker for ₹474.5 crore.
The shares of an Auto company, specializing in designing, manufacturing, and supplying highly engineered automotive systems and components for both conventional and electric vehicles, are in focus after a Rs. 474.5 Crores deal involving a Singapore-based investment company.
With a market capitalisation of Rs. 28,204.37 crores on Thursday, the shares of Sona BLW Precision Forgings Ltd jumped upto 1.25 percent, making a high of Rs. 458.55 per share compared to its previous closing price of Rs. 452.85 per share.
Sona BLW Precision Forgings Ltd, engaged in designing, manufacturing, and supplying highly engineered automotive systems and components for both conventional and electric vehicles, is in focus following the Deal.
A deal worth Rs. 474.5 crore has been made, where Integrated Core Strategies (Asia), a Singapore-based investment firm, has acquired a 1.68 percent stake in an auto component maker by purchasing 1.04 crore shares at a price of Rs. 454.51 per share.
Financials & Others
The company’s revenue declined by 4.1 percent from Rs. 891 crore to Rs. 854 crore in Q1FY25-26. Meanwhile, the Net profit declined from Rs. 142 crore to Rs. 122 crore during the same period.
The company is nearly debt-free and has achieved impressive profit growth, with a 31.5% CAGR over the past five years. Additionally, it has consistently maintained a healthy dividend payout ratio of 36.5%.
Sona BLW Precision Forgings Ltd (Sona Comstar) is a leading Indian automotive technology company specializing in designing, manufacturing, and supplying systems and components for both electric and conventional vehicles. Incorporated in 1995 and headquartered in Gurugram, it operates globally with plants in India, the USA, Mexico, and China, serving original equipment manufacturers (OEMs) in North America, Europe, and Asia.
The company produces mission-critical driveline components like differential assemblies, gears, e-axles, traction motors, sensors, and controllers for passenger and commercial vehicles, electric two- and three-wheelers, buses, railways, and industrial automation. With a strong focus on innovation for electric mobility, Sona BLW Precision Forgings Ltd has established itself as a key supplier to the fast-growing EV sector worldwide.
The company’s net order book has grown to ₹262 billion, representing 7.4x FY25 revenue. This includes ₹198 billion from Electric Vehicles (EV) (75%) and ₹54 billion from non-EV segments (21%). The order book also reflects railway business orders of ₹10 billion (4%). The net order book comprises future revenue from awarded programs, factoring in any potential delays or changes. The company added new orders in Q1 FY26, resulting in a strong order pipeline for the next 10 years.
In Q1 FY26, Sona BLW Precision Forgings Ltd’s revenue mix was led by the passenger vehicle (PV) segment, which contributed 62% of total revenue. Commercial vehicles (CV) accounted for 11%, electric two- and three-wheelers (E2W/E3W) for 7%, while non-automotive businesses contributed 19%. Semiconductors & embedded software made up the remaining 1%, highlighting Sona BLW’s diversified exposure across automotive and emerging technology segments.
Written by Sridhar J
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