Leading  auto-component maker Sona BLW Precision Forgings Ltd. is eyeing capturing fresh business in Europe after two major rivals—Neapco Europe and AIMS—filed for bankruptcy, according to company leadership's interaction with analysts at Nuvama Research. The development has triggered a surge in customer enquiries for Sona’s products in the region, potentially setting the stage for new order wins. Company executives said product diversification remains central to its growth strategy, with new initiatives underway in the railway component, sensor, and ferrite motor segments.

The bankruptcy of rivals like Neapco Europe and AIMS was triggered by challenging European market conditions, particularly slower-than-anticipated EV adoption.

As per management, revenue performance is expected to strengthen in FY27, fueled by order executions across the Motors, Railways, and Differentials businesses. Sona’s lifetime order book stood at Rs 23,500 crore as of December 2025, with electric vehicle programmes representing 71% of its order value. The company currently participates in 64 EV projects across 33 global customers, reflecting its deeper integration into the electrification value chain.

Founded in 1995, Sona Comstar is headquartered in Gurugram, India. It is a global supplier with manufacturing and assembly facilities, R&D centres, and engineering capability centres across India, the USA, Serbia, Mexico, and China. The company is in the business of designing, manufacturing, and supplying highly engineered, mission-critical systems and components to mobility OEMs.

The company has  technological capabilities in precision forging, mechanical and electrical systems, radar sensors, and base and application software development. It is diversified across geographies, products, vehicle segments, and customers.