On a sequential basis, profit rose 32% from ₹24.3 Cr
Operating revenue zoomed 60% YoY and 8% QoQ to ₹287.7 Cr
For the full FY26, SEDEMAC's operating revenue for the fiscal year surged past the ₹1,000 Cr mark, zooming 61% YoY to ₹1,058.4 Cr
Deeptech company SEDEMAC
Mechatronics’ net profit for the quarter ended March 2026 (Q4 FY26) surged 273% to ₹32.1 Cr from ₹8.6 Cr in the year-ago quarter. On a sequential basis, profit rose 32% from ₹24.3 Cr.
Meanwhile, its EBITDA profit more than doubled to ₹61 Cr from ₹29 Cr in Q4 FY25, while EBITDA margin expanded sharply to 21.3% from 16.1%.
Operating revenue zoomed 60% YoY and 8% QoQ to ₹287.7 Cr. The company, which designs and manufactures advanced electronic control systems, registered its highest revenue chunk from its mobility focused products.
Including other income of ₹63 Lakh, the company’s total income for the quarter stood at ₹288.3 Cr. Meanwhile, total expenses jumped 47% YoY to ₹246.4 Cr.
For the full FY26, the company saw its net profit more than double to ₹103.6 Cr from ₹47.1 Cr. Operating revenue for the fiscal year surged past the ₹1,000 Cr mark, zooming 61% YoY to ₹1,058.4 Cr.
For context, SEDEMAC develops electronic control systems and smart components for vehicles. Its products include engine control units, motor controllers, among others deployed in vehicles by automotive OEMs. It also provides industrial automation and control solutions, including electronics, embedded systems, and energy-efficient motor control technologies for manufacturing and industrial applications.
Operating revenue of the mobility segment increased 67% YoY to ₹258.4 Cr. On the other hand, revenue from its industrial solutions vertical increased 14% YoY to ₹29.3 Cr.
Its clientele features the likes of TVS, Bajaj Auto, and Hero MotoCorp, alongside industrial clients like Kirloskar Oil Engines and Briggs & Stratton.
SEDEMAC said it has cumulatively sold more than 1.2 Cr electronic control units (ECUs) to vehicle and industrial OEMs across India, the US and Europe, since inception. In FY26, the company sold 39 Lakh ECUs, up 63% from 24 Lakh units in FY25.
SEDEMAC also saw a significant ramp-up in integrated starter generator ECUs for traditional three-wheelers while increasing penetration of its motor control units (MCUs) in electric two- and three-wheelers (E2Ws and E3Ws) during FY26.
The company additionally launched electronic fuel injection ECUs for the North American genset market, where it said adoption by a dominant market leader has been strong.
It further highlighted strong momentum in the company’s integrated starter generator (ISG) business, which has emerged as a key growth driver. SEDEMAC said widespread penetration of its ISG ECU products in domestic ICE three-wheelers has already taken place. It is currently exploring export opportunities for these products.
The product, it claimed, is currently being used by three of the top four two-wheeler Indian OEMs. This growth also reflected in the overall sales of the product, which has grown to 84 Lakh in FY26 from 51 Lakh in FY23.
The IIT-Bombay incubated company is currently witnessing strong traction in its industrial business, as well, with the distribution of its recently launched electronic fuel injection ECUs picking up in the North American generator set market.
In addition to scaling existing businesses, SEDEMAC is also entering newer product categories and end markets. The company said it is developing products for commercial vehicles, electric light commercial vehicles and power tools.
For commercial vehicles, the company said start of production (SOP) for its ACU products is likely in H2 FY27, marking its first SOP in the CV market.
In the power tools segment, the company said that it has already secured its first business win with an established power tool maker for MCU products based on its SLC technology.
On the manufacturing side, SEDEMAC announced aggressive capacity expansion plans to support future growth. The company is building a new 1.2 lakh sq ft manufacturing facility, MF3, in Chakan, Pune, which is expected to begin ECU shipments from Q2 FY27.
Additionally, the company’s MF4 facility, spanning 9,000 sq ft, is expected to begin shipments of electric machines from Q3 FY27. SEDEMAC has also acquired approximately 13 acres of land at Shoolagiri under SIPCOT for future customer shipments in South India.
Revenue dependence on the company’s largest customer eased over the past three fiscal years, with the gap between revenue contributed by its top customer and the next four customers combined narrowing to 49% in FY26 from 66% in FY25 and 70% in FY24.
Shares of SEDEMAC ended today’s trading session 0.04% higher at ₹1,980.8.
Source: Inc42 - Startups
