SONACOMS

1. Strong EV business growth Sona Comstar continues to benefit from rising global electric vehicle (EV) adoption. The company derives a significant portion of its revenue from EV-related components, making it one of India’s major EV auto-component plays. 2. Healthy order book and global expansion The company maintains a strong order pipeline from global automobile manufacturers across: Electric passenger vehicles Hybrid vehicles Commercial EV platforms International business continues to contribute strongly to revenue growth. 3. Focus on high-margin EV components Sona Comstar is focusing heavily on: Differential assemblies Motor control systems Traction motors Precision gears for EVs EV products generally offer better long-term growth opportunities. 4. Acquisition and technology expansion strategy The company continues exploring strategic acquisitions and technology partnerships to strengthen its global EV positioning and product capabilities. 5. Strong quarterly performance Recent quarterly results showed healthy revenue growth supported by: EV segment expansion Export demand Higher premium product contribution Margins remained relatively stable despite global auto-sector volatility. 6. Export-driven business model A large share of revenue comes from overseas markets including: North America Europe Asia This gives diversification benefits but also exposes the company to global auto demand cycles. 7. Investor focus on EV opportunity Sona Comstar is widely viewed as one of the major listed beneficiaries of India’s and global EV transition theme. Long-term investor sentiment remains linked to EV penetration growth.