Schaeffler India Posts Q2 Revenue of Rs 27.61 Billion

PUNE — Motion technology company and industrial bearing manufacturer Schaeffler India Limited announced its consolidated financial results for the second quarter ended June 30, 2026, reporting revenue from operations of Rs 27.61 billion (Rs 2,761 crore).

According to statutory disclosures submitted under Regulation 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, the company recorded a consolidated net profit after tax of Rs 3.26 billion (Rs 326 crore) for the April–June period. The performance was formally reviewed and approved during a meeting of the company's Board of Directors held in Pune.

Financial Breakdown and Operational Growth Drivers

Schaeffler India, which operates on a January-to-December calendar fiscal year, demonstrated stable top-line growth and operational margins across both core business segments:

• Revenue from Operations: Consolidated revenue reached Rs 27.61 billion (Rs 2,761 crore) for the second quarter.

• Consolidated Net Profit: Net profit after tax stood at Rs 3.26 billion (Rs 326 crore).

• Localization Strategy: Operational margins were supported by a strong domestic localization baseline exceeding 80% across manufacturing facilities.

• Division Balance: Growth was anchored by the Automotive Technologies and Vehicle Lifetime Solutions (aftermarket) divisions, balancing softer off-take in select industrial export markets.

The results reflect ongoing volume growth in domestic original equipment manufacturer (OEM) production across passenger vehicles, commercial vehicles, and two-wheeler segments.

Manufacturing Scale and Compliance Milestones

Schaeffler India continues to direct capital expenditures toward expanding production capacity across its primary plants in Maneja and Savli (Gujarat), Hosur (Tamil Nadu), and Talegaon (Maharashtra). The company remains committed to deploying between Rs 400 crore and Rs 500 crore in annual capital investments to scale domestic supply chains.

Key corporate milestones during the reporting period include:

1. Quality Certifications: In early July 2026, Schaeffler India became the first company in the country to secure Bureau of Indian Standards (BIS) licenses for Cylindrical Roller Bearings (CRB) manufactured at its Maneja and Savli facilities.

2. Aftermarket Ecosystem: Continued integration of its B2B digital aftersales ecosystem and distribution network to expand coverage for independent garages and replacement markets.

3. Leadership Transitions: The company's governance structure was updated following the appointment of Mr. Christophe Hannequin as an Additional Non-Executive Director.

Industry Context and Supply Chain Dynamics

India's auto ancillary and industrial bearing sectors continue to experience steady domestic demand, backed by rising vehicle production and infrastructure activity. Industry analysts note that Schaeffler India's high localization rate and multi-technology product mix—ranging from traditional internal combustion engine (ICE) components to electric vehicle (EV) drive systems—provide a buffer against volatile global raw material prices and freight costs.

Official Sources Section

The information presented in this news report is sourced directly from statutory communications, corporate announcements, and regulatory filings submitted to:

• Schaeffler India Limited Board Meeting Outcome & SEBI Disclosures submitted under Regulation 33 of SEBI LODR Regulations.

• National Stock Exchange of India (NSE) corporate disclosures under ticker SCHAEFFLER.

• BSE Limited Listing Disclosures corporate announcements under scrip code 505790.

Quote Section

According to official financial disclosures submitted by the company to stock exchanges:

"The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and half-year ended June 30, 2026. Consolidated revenue from operations for the second quarter stood at Rs 27.61 billion, with consolidated net profit after tax reaching Rs 3.26 billion, driven by volume gains and operational efficiency."

Why It Matters

• For Auto & Industrial OEMs: Demonstrates steady supply chain capacity and localized component availability for critical bearings and drivetrain systems.

• For Stock Market Investors: Delivers clear visibility into top-line revenue trajectory and margin stability for a major industrial benchmark stock.

• For Manufacturing Sector: Highlights the impact of localized domestic manufacturing in mitigating global economic headwinds.

Key Facts at a Glance

• Consolidated Revenue: Rs 27.61 billion (Rs 2,761 crore) for the June quarter.

• Consolidated Net Profit: Rs 3.26 billion (Rs 326 crore) for the April–June period.

• Fiscal Reporting Calendar: Second quarter (Q2) of the CY2026 fiscal year ending June 30.

• Annual Capex Plan: Target of Rs 400 crore to Rs 500 crore in capital expenditures during calendar year 2026.

• Quality Milestone: First company to earn BIS licenses for Cylindrical Roller Bearings in India.

Frequently Asked Questions (FAQs)

What were Schaeffler India's Q2 financial results?

Schaeffler India reported consolidated revenue from operations of Rs 27.61 billion (Rs 2,761 crore) and a consolidated net profit of Rs 3.26 billion (Rs 326 crore) for the quarter ended June 30, 2026.

What calendar period does Q2 cover for Schaeffler India?

Schaeffler India follows a January-to-December calendar fiscal year, meaning Q2 covers the three-month period from April 1 to June 30.

What core products does Schaeffler India manufacture?

Schaeffler India manufactures high-precision rolling and plain bearings, engine and transmission components, chassis systems, and precision industrial motion technologies.

Where are Schaeffler India shares listed and traded?

Equity shares of Schaeffler India Limited are listed and traded on both the National Stock Exchange of India (NSE) under ticker SCHAEFFLER and BSE Limited under scrip code 505790.

Source: Official corporate announcements from Schaeffler India Limited, regulatory filings on the National Stock Exchange of India (NSE), and listing releases on BSE Limited.