Sedemac says FY26 revenue crossed ₹1,000 crore, powered by two-wheeler controller demand
IIT Bombay-origin motor-controller maker Sedemac reported FY26 revenue of ₹1,058 crore, EBITDA of about ₹200 crore and ROCE near 40%. Its integrated starter-generator technology is deployed in 12–13 million Indian vehicles, with TVS, Bajaj and Hero among its OEM customers.
What happened
IIT Bombay-origin motor-controller maker Sedemac reports FY26 revenue of ₹1,058 crore and about 40% ROCE. Its integrated starter-generator technology is fitted
Key facts
- FY26 revenue: ₹1,058 crore
- Annual revenue crossed ₹1,000 crore
- EBITDA: around ₹200 crore
- Profit before tax: around ₹150 crore
- Profit after tax: around ₹100 crore
What changed
IIT Bombay-origin motor-controller maker Sedemac reports FY26 revenue of ₹1,058 crore and about 40% ROCE. Its integrated starter-generator technology is fitted in 12-13 million Indian two-wheelers, with TVS, Bajaj and Hero among OEM customers.
Why this matters
Sedemac’s ₹1,058 crore FY26 revenue and 40% ROCE highlight how differentiated controller technology and deep OEM relationships can create scalable, high-margin positions in India’s two-wheeler supply chain.
What to watch
- New OEM platform wins or disclosed order-book additions from TVS, Bajaj, Hero or a new customer.
- Evidence that controller content per vehicle is rising through start-stop, mild-hybrid, connected diagnostics or premiumization.
- FY27 revenue growth versus EBITDA margin and ROCE, indicating whether scale is preserving pricing power.
- Customer concentration disclosures and export revenue mix.
- Announcements of EV motor-controller, inverter, BMS or integrated powertrain products.