Schaeffler India posts third-quarter profit rise on robust demand for auto components

NRB Bearings

31/10/2025 11:17

Oct 31 (Reuters) - Automotive and industrial parts maker Schaeffler India SCHE.NS reported a 24.1% rise in third-quarter profit on Friday, driven by demand for ancillary auto products like transmission, braking systems and industrial bearings products

The company, a unit of Germany's Schaeffler AG SHA0.DE, reported profit of 3.07 billion rupees ($34.9 million) for the quarter ended September 30 from 2.47 billion rupees a year earlier.

Revenue from operations rose 13.9% to 23.6 billion rupees.

For further earnings highlights, click (Full Story)

KEY CONTEXT

Production of passenger vehicles grew 4.2% year-on-year in the third quarter in India according to industry data, while that of commercial vehicles grew 10.9%, favouring growth for auto ancillaries like Schaeffler India, analysts noted.

The company’s largest division, the automotive technologies segment, contributed nearly 44% to quarterly revenue, and has customers across passenger vehicle, commercial vehicle, and tractor markets such as Toyota Kirloskar and Honda.

Smaller peers SKF India SKFB.NS and NRB Bearings Ltd NBEA.NS are yet to report quarterly results.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
profit growth (%)
Mean rating *
# of analysts
Stock to price target **
Div yield (%)
Schaeffler India Ltd
SCHE.NS
46.71
30.38
13.22
29.51
BUY
8
0.91
0.72
SKF India Ltd
SKFB.NS
16.31
11.38
10.02
12.74
BUY
9
0.43
0.66
NRB Bearings Ltd
NBEA.NS
19.48
14.84
NULL
NULL
STRONG BUY
1
0.77
2.55
Timken India Ltd
TIMK.NS
45.82
28.67
14.95
15.90
BUY
5
0.83
1.20

* The mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

JULY-SEPTEMBER STOCK PERFORMANCE

-- All data from LSEG

-- $1 = 87.8950 Indian rupees

Schaeffler India Q3 performance https://tmsnrt.rs/4qv7j36

 (Reporting by Meenakshi Maidas in Bengaluru and Yagnoseni Das; Editing by Harikrishnan Nair and Ronojoy Mazumdar)

 ((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))