SAL Automotive’s March 2026 Sales Edge Up Slightly
- Nishadil
- May 26, 2026
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Standalone net sales rise 0.77% YoY to Rs 88.79 crore in March 2026
SAL Automotive posted March 2026 standalone net sales of Rs 88.79 crore, up 0.77% year‑on‑year, with profit slipping modestly but management optimistic about EV‑driven growth.
SAL Automotive reported its standalone net sales for the month ended March 2026 at Rs 88.79 crore, a modest rise of about 0.77 percent compared with the same period last year.
While the increase may look marginal at first glance, the company highlighted that the growth was driven largely by a steadier demand for its brake‑by‑wire and steering components across both domestic OEMs and export markets.
On the cost side, the firm said raw‑material prices have been relatively tame, which helped keep the gross margin around 12.3 percent – roughly in line with the prior year.
Operating profit slipped a touch, coming in at Rs 6.4 crore versus Rs 6.7 crore a year ago, mainly because of higher administrative expenses tied to an ongoing expansion of its R&D centre in Pune.
Net profit after tax settled at Rs 4.1 crore, down 5 percent YoY. Management attributed the dip to a one‑off tax adjustment and said it expects the bottom line to rebound once the new product line rolls out later this year.
Looking ahead, the company’s CFO mentioned a cautious optimism. “We are seeing a gradual pick‑up in orders, especially from the EV segment, and we anticipate a double‑digit revenue growth in the next two quarters,” he said.
Analysts covering the stock, however, remain watchful. Some point out that the narrow sales lift may not be enough to offset competitive pressure from larger component makers, while others note that SAL’s niche focus could still give it an edge.
In summary, SAL Automotive posted a small YoY increase in March 2026 sales, a slight dip in profit, and a forward‑looking outlook that hinges on new product launches and growing EV demand.
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