Sona BLW Precision Forgings Limited has approved a capital expenditure of Rs. 62.6 crore to enter the robotics components business, marking a move beyond its traditional automotive operations.
The investment will be used to manufacture components and systems for the robotics industry, including advanced robotics applications.
Shares of the company, also known as Sona Comstar, were trading at Rs. 602, up 0.55 percent from the previous close of Rs. 598.65. The company has a market capitalisation of Rs. 37,430 crore and trades at a P/E ratio of 59.18.
Board clears robotics expansion
At its meeting on June 16, 2026, the board approved the capex proposal following a recommendation from the Capex Committee.
The company said the investment is aimed at:
- Expanding beyond the automotive sector.
- Broadening its product portfolio.
- Building new growth opportunities.
- Addressing applications outside its existing business areas.
The move represents one of the company’s biggest diversification efforts as robotics and automation gain traction globally.
Revenue mix is changing
The company’s revenue profile has shifted significantly over the past year.
Market segment mix
- Non-automotive business contribution rose to 31 percent in FY26, from 9 percent in FY25.
- Passenger vehicle contribution declined to 49 percent, from 71 percent a year earlier.
Geographical mix
- India accounted for 51 percent of revenue in FY26, up from 29 percent in FY25.
- North America’s contribution fell to 27 percent, from 41 percent.
Product mix
- Traction and suspension motors contributed 22 percent of revenue, compared with 21 percent in FY25.
- Differential assemblies remained the largest category, accounting for 17 percent of FY26 revenue.
Q4 earnings
The company reported higher revenue and profit during the March quarter.
| Particulars | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue | Rs. 1,258 crore | Rs. 865 crore |
| Net Profit | Rs. 187 crore | Rs. 164 crore |
FY26 performance
For the full year, revenue and profit also increased, although margins moderated.
- Revenue rose to Rs. 4,449 crore, from Rs. 3,546 crore in FY25.
- Net profit increased to Rs. 629 crore, from Rs. 600 crore.
- Operating profit margin declined to 24 percent, compared with 27 percent in FY25.
The margin compression comes as the company scales newer business segments.
About the company
Sona BLW Precision Forgings Ltd., popularly known as Sona Comstar, manufactures automotive systems and precision components.
Its key products include:
- Differential assemblies
- Gears
- Starter motors
- Traction motors
The company has been expanding its presence in the electric vehicle segment and is now entering the robotics industry.
TL;DR
Sona Comstar has approved a Rs. 62.6 crore investment to manufacture components and systems for the robotics industry. The move comes as the company’s non-automotive business contribution jumped to 31 percent in FY26 from 9 percent a year earlier.
AI summary
- Sona Comstar approved Rs. 62.6 crore capex for robotics components.
- The board approved the proposal on June 16, 2026.
- Non-automotive revenue contribution rose to 31% in FY26.
- FY26 revenue increased to Rs. 4,449 crore and net profit to Rs. 629 crore.
- Operating margin declined to 24% from 27% a year earlier.
