Divgi TorqTransfer Systems posts record Q2 revenue, strong half-year growth

Divgi TorqTransfer Systems Limited achieved its highest-ever quarterly revenue of INR 883 million in Q2FY26, contributing to a half-year (H1FY26) revenue of INR 1,651 million, reflecting a 39% year-on-year growth. This performance was largely propelled by sustained momentum in transfer case volumes and robust growth in components, particularly for export markets. The company also reported a 35% year-on-year increase in H1FY26 EBITDA to INR 411 million and a 43% year-on-year increase in profit after tax to INR 197 million.

Key strategic developments include securing a nomination from a prominent Japanese OEM to develop a transfer case for an iconic pickup truck, with SOP expected in FY28. The company is actively pursuing a proof of concept with a leading Indian OEM for automatic transmission and has realized the first dedicated hybrid transmission prototype. Additionally, Divgi is ramping up production for EV transmission in H2 FY26 for a preeminent Indian EV manufacturer and expanding its export business for transfer cases and synchronizers.

The company's investor presentation for the Q2 & H1FY26 earnings call details these operational and financial highlights, underscoring its focus on technology-led innovation, product diversification, and geographic expansion. These efforts position Divgi TorqTransfer Systems for continued growth, projecting potential annual revenues of over INR 15,000 million in the long term.