Pune-based powertrain controls maker SEDEMAC Mechatronics posted a 3.7-fold jump in net profit to ₹32 crore for the March 2024 quarter, while revenue rose 60% year-on-year, according to inc42.com.
The surge was driven by a sharp rebound in domestic two-wheeler demand and deeper penetration of the company’s flagship idle-stop-start systems. Management told analysts that volumes for the micro-hybrid product line crossed 1.1 million units during the quarter, up from 0.7 million a year earlier. Higher operating leverage and a richer product mix lifted EBITDA margins past 18%, compared with 11 a year ago, filings reviewed by inc42.com show.
The numbers place SEDEMAC among the fastest-growing auto-component suppliers in India at a time when passenger and commercial vehicle makers are accelerating electrification and fuel-efficiency programmes. Comparable peers such as Pricol and Sansera Engineering reported profit growth of 35-45% in the same period, according to exchange data cited by inc42.com. The strong showing also validates the company’s bet on low-voltage hybrid solutions that cost a fraction of full-electric powertrains yet deliver measurable emission reductions.
SEDEMAC has guided for 25-30% revenue growth in FY25 and plans to double capacity at its Pune plant by December, according to inc42.com. Investors will watch the July launch of its next-generation 48-volt mild-hybrid controller, which the company says has already secured design wins with two domestic OEMs.
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