After announcing Q1FY26 financial performance, Sona BLW Precision Forgings is facing tempered optimism from global brokerages’ analysts. While several brokerages have maintained their ratings, though with lowered target prices, citing short-term challenges that are expected to ease in the coming quarters.
Sona BLW Precision Forgings Q1FY26 earnings
Sona BLW reported a 14 per cent year-on-year decline in consolidated net profit to Rs 122 crore for the quarter ended June 2025, compared to Rs 142 crore in the same quarter last year.
The company’s total income also saw a marginal dip to Rs 895 crore, down from Rs 900 crore in the year-ago period.
Brokerages noted that the performance was weak but largely in line with expectations, attributing the softness to temporary headwinds concentrated in this particular quarter.
Several global brokerages have revised their target prices for Sona BLW Precision Forgings following its weak Q1 performance, though most maintained their existing ratings.
Jefferies has retained its ‘buy’ recommendation on the stock, but trimmed its target price to Rs 515 from Rs 565, citing near-term headwinds but confidence in the company’s long-term potential.
Citi also maintained a ‘buy’ call on the stock with reducing the target to Rs 560 from Rs 590.
On the other hand, JPMorgan maintained a ‘neutral’ stance, lowering its target to Rs 445 from Rs 490.
Meanwhile, CLSA continues to rate the stock as ‘accumulate’, cutting its target price modestly to Rs 566 from Rs 582. The brokerage noted that much of the earnings pressure was concentrated in the current quarter and a gradual recovery is expected in the upcoming quarters.
Stock performance past performance
| Period | Return |
| Past 6 Months | Down 13.98% |
| Past 1 Year | Up 32.71% |
| Past 5 Years | Up 21.47% |
 (Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)
