SCHAEFFLER Q2 FY27 Guidance vs Delivery (SCHAEFFLER Management Mirror)

CY26 Capex Stand at INR 357 Crores for 9M, Tracking INR 500 Crore Guidance Reaffirmed in Jun'26 Qtr

In Sep'26 Qtr, capex deployment reached INR 182 crores, bringing 9M CY26 capex to INR 357 crores. Management had initially guided in Mar'26 Qtr for full-year CY26 capex to pick up and normalize in the range of INR 400 crores to INR 500 crores (towards the INR 500 crores level). In Jun'26 Qtr, management reaffirmed its total planned CY26 capex target of INR 400 crores to INR 500 crores. The reported 9M CY26 capex is on track against this reaffirmed guidance. Looking ahead, management expects CY27 and CY28 capex to average close to the INR 500 crore level or slightly above, subject to finalization of annual budgets, with ongoing construction of new halls at Savli and Shoolagiri facilities continuing next year.