Pune: Schaeffler India Limited reported a 27.4% year-on-year increase in revenue to ₹3,005.8 crore for the third quarter ended September 30, 2026, supported by strong demand from the automotive sector, higher industrial output and double-digit growth across its domestic and export businesses. However, rising input costs and a weakening Indian rupee weighed on profitability margins despite the company’s robust sales performance.
The motion technology company, listed on the BSE (505790) and NSE (SCHAEFFLER), announced its financial results following approval by its Board of Directors on October 27.
Revenue from operations climbed to ₹3,005.8 crore during the July–September quarter, compared with approximately ₹2,359.3 crore in the corresponding period of 2025. Sequentially, revenue increased 12.1% over the second quarter of 2026, indicating sustained business momentum.
Profit before tax (PBT), excluding exceptional items, rose 20.4% year-on-year to ₹497 crore. However, the PBT margin narrowed to 16.5%, compared with 17.5% in the same quarter last year and 16.9% in the preceding quarter.
Net profit for the quarter stood at ₹370.4 crore, translating into a net profit margin of 12.3%.
The numbers suggest that while Schaeffler India’s revenue engine has shifted into a higher gear, rising operating costs have applied some pressure on its profitability.
Nine-Month Revenue Crosses ₹8,194 Crore
For the first nine months of 2026, Schaeffler India recorded revenue from operations of ₹8,194.2 crore, representing growth of 21.4% over the corresponding January–September period of 2025.
Profit before tax, excluding exceptional items, increased 17.9% to ₹1,375.2 crore. Nevertheless, the PBT margin moderated to 16.8% from 17.3% a year earlier, reflecting continued pressure on earnings relative to revenue growth.
The company’s net profit for the nine-month period reached ₹1,026.8 crore, with a net profit margin of 12.5%, compared with 12.9% during the corresponding period of 2025.
Although revenue and absolute profits increased, the narrowing margins indicate that cost management remains an important consideration as the company navigates an evolving economic environment.
Automotive Demand and Industrial Output Drive Growth
Schaeffler India attributed its quarterly performance to sustained demand from the automotive industry and stronger-than-expected industrial production in the country.
Both domestic operations and intercompany exports registered double-digit growth, providing support across the company’s business activities.
However, higher input costs and currency depreciation created additional challenges. The weakening Indian rupee contributed to pressure on earnings, although management said mitigation measures partially offset the impact.
Commenting on the financial performance, Harsha Kadam, Managing Director and Chief Executive Officer of Schaeffler India Limited, said:
“I am pleased to share that Schaeffler India reported a strong performance backed by a strong demand traction from the automotive sector as well as a stronger than expected industrial output in the country. Both intercompany exports and domestic business registered a double-digit growth rate. Earnings quality was marginally impacted by rising input costs and weakening INR, but our mitigation measures helped us manage the impact partially. Backed by our order book and with on-track capex framework, we look forward to delivering value to all our stakeholders.”
Growth Outlook Supported by Order Book and Capital Investment Plans
Looking ahead, Schaeffler India expects its existing order book and ongoing capital expenditure programme to support its business priorities.
Management indicated that the company’s capital expenditure framework remains on track, reflecting its continued focus on investment while maintaining financial discipline.
The quarterly results highlight a broader trend in the automotive and industrial supply sectors, where improving demand can support strong revenue growth even as manufacturers contend with raw material inflation, currency fluctuations and pressure on operating margins.
For Schaeffler India, the immediate challenge will be converting sustained sales momentum into stronger profitability. With automotive demand and industrial activity continuing to support its business, the company’s ability to manage costs and execute its investment plans will remain central to its performance in the quarters ahead.
