Schaeffler India Limited (SCHAEFFLER) announced its financial highlights and business performance for Q3CY26. The company reported strong growth in its automotive sector, driven by robust manufacturing output in motor vehicles and transport equipment. The GDP growth was estimated at ~6.4%, marking a slowdown amid global uncertainty, while the IIP showed robust growth driven by strong manufacturing output. The automotive production for CVs grew by 31.8% year-on-year, PVs by 25.1%, and tractors by 6.8%.

Financial Highlights

The company’s revenue and profit margins improved significantly, reflecting the strong demand in the automotive sector. Notably, the EBITDA margin expanded by 2.5% compared to the same period last year. The company also announced a strategic investment in its manufacturing facilities to cater to the growing demand.

Business Performance

Schaeffler India Limited’s business performance was bolstered by its strong market presence and innovative product offerings. The company’s focus on R&D and technological advancements contributed to its competitive edge in the market. The core sectors, including cement, steel, coal, and electricity generation, showed varied performance, with cement and steel leading the growth.

Looking ahead, Schaeffler India Limited remains optimistic about the market outlook, with plans to expand its market share and innovate further in the automotive sector.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Schaeffler India Limited

Schaeffler India Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.

Schaeffler falls 11.5% over three months and has not found a floor yet. The PEG stands at 4.87 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock sits at 16% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 12.3% CAGR — a respectable pace. However, the stock drops 11.5% in three months without an obvious fundamental trigger. Sector-wide pressure or a valuation re-rating can persist for longer than expected. Therefore, there is no rush to step in. Check Fundamentals of Schaeffler India Limited.

Hero MotoCorp Limited (HEROMOTOCO) announced its financial results for the second quarter (July–September 2026) and half year (April–September 2026) of FY’27, delivering strong performance across all its segments including premium, scooter, electric mobility, global business and commuter.

Quarterly Performance

The company delivered robust financial performance, recording a 23% growth in consolidated revenue in Q2 FY’27. Consolidated revenue grew 23% YoY to Rs. 14,971 Crore from Rs. 12,218 Crore in Q2 FY’26. Profit after tax (PAT) stood at Rs. 1,861 Crore, reflecting a 41% YoY growth.

Half-Year Performance

The Company reported revenue and PAT of Rs. 28,097 Crore and Rs. 3,278 Crore, respectively (growth of 28% and 8% over H1 FY’26). Despite commodity headwinds, EBITDA margins held steady at 13.4%, translating to an EBITDA of Rs. 1,968 Crore and a growth of 8% over previous year. PAT grew by 5% YoY to Rs. 1,456 Crore.

Looking Ahead

Commenting on the performance, Harshavardhan Chitale, Chief Executive Officer, Hero MotoCorp said, “We delivered a strong performance this quarter, with scooters emerging as a key growth contributor, supported by healthy momentum across both, ICE and VIDA electric portfolio. This reflects the strength of our product offerings and our ability to respond to evolving customer aspirations across segments. Our 100cc motorcycle segment also continued to contribute to overall growth, underscoring the resilience of our portfolio. Going forward, our focus remains on sustaining this positive momentum, driving profitable growth and building a more diversified and future-ready business.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Hero MotoCorp Limited

Hero MotoCorp Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

Hero posts a 6.4% three-month gain, but softens in the last few weeks. The PEG of 0.71 signals undervaluation relative to growth. It is a potential re-rating candidate. D/E stands at 0.00 with a 3.55% dividend yield. Furthermore, the business records zero revenue dips and zero loss quarters in five years — a fortress balance sheet. The stock gives back 0.2% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 11.7% and profits at 26.9%, and the dividend yield stands at 3.55%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Hero MotoCorp Limited.

TVS Motor Company Limited (NSE: TVSMOTOR) today announced a Composite Scheme of Arrangement to demerge its consumer finance and related business into a separate holding company. This strategic move aims to unlock shareholder value through a focused platform for the Group’s consumer finance and related businesses. The demerger will provide greater strategic autonomy, sharper capital allocation, and enhanced flexibility to pursue sector opportunities.

Strategic Autonomy for Consumer Finance

Under the proposed Scheme, shareholders of TVS Motor Company will receive an equal number of shares in the resulting company, enabling them to participate in the future growth of both mobility and financial services businesses. The demerged entity will have a dedicated structure that provides greater strategic focus, flexibility in capital allocation, and the ability to pursue opportunities across the consumer finance and related sectors.

Support for Mobility and Financial Services

The proposed structure will better align shareholders with the future growth of these businesses while supporting their continued expansion. This move also allows TVS Motor to sharpen its focus on its continuing automotive and mobility businesses. The Group remains committed to the growth and development of both the dedicated consumer finance platform and TVS Motor’s continuing business.

Sudarshan Venu, Chairman, TVS Motor Company, emphasized, ‘India’s rapidly expanding financial services sector offers tremendous opportunities for long-term growth. The businesses being demerged have developed strong capabilities, customer relationships, and platforms that position them well for the future. We believe this new structure will create additional value for stakeholders while providing these businesses with greater strategic autonomy.’ The demerger will allow them to pursue opportunities across consumer finance and related sectors and allocate capital in line with their growth priorities.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Motor Company Limited

TVS Motor Company Limited belongs to the Consumer Cyclical › Auto Manufacturers sector. Here’s a quick read on where the business and the stock stand today.

TVS rises 13.2% over three months, with buying pressure holding steady. D/E reaches 3.03. High leverage in this environment is a material risk the market cannot ignore. Thin margins at 5.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock holds at 69% of its 52-week range with RSI at 54. In other words, neither side has a clear edge right now. Revenue grows at 20.2% and profits at 31.5%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of TVS Motor Company Limited.