Schaeffler India shares in focus after Q2 results, but there is a bigger trigger in store

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Schaeffler India shares in focus after Q2 results, but there is a bigger trigger in store
- Published OnOct 28, 2026 | 07:47 IST
- Last Updated OnOct 28, 2026 | 07:47 IST
Strong automotive demand and robust industrial output fueled double-digit growth across domestic and export segments, though rising input costs and a weak currency squeezed operating margins. Meanwhile, promoters plan to trim a minor stake while retaining majority control. Check how analysts view the stock's valuation after its recent slide.
Shares of Schaeffler India are in focus on Wednesday, October 28, as the company reported weak margins in the second quarter despite witnessing growth across other parameters on a year-on-year basis. The numbers were declared after market hours on Tuesday.
For the September quarter, Schaeffler India's net profit grew by 20.7% at ₹349 crore from ₹289 crore last year. Its revenue came in at ₹3,089.4 crore, up 26.9% from ₹2,434.6 crore last fiscal.
The company's earnings before interest, taxes, depreciation and amortization (EBITDA) increased 17.8% to ₹537 crore from ₹456 crore. However, its EBITDA margin contracted to 17.4% from 18.7%.
Schaeffler India said it witnessed strong automotive demand and industrial output aided growth. Its exports and domestic business, both grew in double-digits. The company said rising input costs and a weak rupee impacted its margins, which was partially offset by mitigation resources.
Schaeffler India said its promoters may consider monetizing a small part of their existing shareholding. However, they have maintained that the promoters intend to retail majority control of the company, by owning at least two-thirds of the company's equity. At the end of September, they held 74.13% stake in the firm.
Shares of Schaeffler India ended the previous session 4.7% up at ₹3,680 apiece. The stock has fallen 7% in the past month, 14.1% in the last six months and is down 4.9% in 2026, so far. It is also 17% below its 52-week high of ₹4,467.7 apiece.
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