240 Per Cent Returns: Multibagger Auto Component Manufacturer Reports Strong Q4 Results; PAT Jumps 13 Per Cent
Company's revenue surged 14 per cent YoY to Rs 2,136.06 crore, up from Rs 1,874.55 crore in the same quarter last year.
Schaeffler India Ltd has delivered robust financial performance in Q4 CY24, with notable growth across key metrics. The company’s net profit increased 13 per cent year-on-year (YoY) to Rs 237.2 crore, compared to Rs 209.6 crore in Q4 CY23.
Financial Performance
Schaeffler India’s revenue surged 14 per cent YoY to Rs 2,136.06 crore, up from Rs 1,874.55 crore in the same quarter last year. The EBITDA rose 14 per cent YoY to Rs 370.4 crore, compared to Rs 324.1 crore in Q4 CY23. The company’s earnings per share (EPS) improved 13 per cent YoY to Rs 15.2, up from Rs 13.40 in the previous year’s quarter.
Stock Performance
Schaeffler India’s stock has delivered a 7.34 per cent return in the past year, outperforming the Nifty’s 0.86 per cent gain in the same period. Over the past five years, the stock has generated an impressive 239.57 per cent return. The company’s market capitalization stands at Rs 48,084 crore.
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About the Company
Schaeffler India Ltd is a leading manufacturer of high-precision roller and ball bearings, engine systems, transmission components, clutch systems, and chassis applications. The company is among the top three suppliers for several leading OEMs in India.
Schaeffler India operates four state-of-the-art production facilities located in Vadodara and Savli (Gujarat), Pune (Maharashtra), and Hosur (Tamil Nadu). The company continues to invest in cutting-edge technology to enhance its manufacturing capabilities and deliver world-class products.
Disclaimer: This article is for informational purposes only and not an investment advice.