Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Sharda Motor Industries Limited

NSE: SHARDAMOTRAuto Components & Equipments

Share price

₹884.40

-4.37% close of 8 Oct 2026

Market cap ₹4,864 CrP/E 14.5

Business score

How strong the business is, in one number. The parts behind it are in Pro.

69

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹4,864 Cr

P/E ratio

14.5

P/B ratio

3.9

ROCE

34.5%

ROE

25.3%

Dividend yield

2.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹1,174.4052-week low ₹708.00

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Sep 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 14.5× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 51.0×, across 5 companies. It is against its own five-year median of 23.6×, the 11th percentile of its own range.

Whether growth justifies the valuation

Priced at 1.0 times its growth rate, on earnings growth of 14%.

Profit growthPrice per ₹1 profitPer 1% growth
Sharda Motor Industries Limited — this one14%/yr14.5×₹1.0
Samvardhana Motherson International Limited40%/yr35.3×₹0.88
Bosch Limited14%/yr54.8×₹3.9
Bharat Forge Limited33%/yr85.2×₹2.6
UNO Minda Limited23%/yr51.0×₹2.2
Schaeffler India Limited10%/yr46.2×₹4.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Auto Components & Equipments), it ranks 5 of 101 on returns, 43 of 99 on growth, 54 of 101 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 34.5% on capital, ahead of 95% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹996 crore of cash from the business, spent ₹232 crore on plant and equipment, and returned ₹452 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 92 arrived as cash. Its cash comes back faster than it used to: it went from being paid 9 days before it paid its own suppliers to paid 18 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,011 Cr

Revenue vs last year

+33.7%

Revenue vs last quarter

+4.0%

Net profit

₹87 Cr

Profit vs last year

-13.5%

Profit vs last quarter

-2.8%

Net margin

8.6%

EPS

₹15.07

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹4,864 Cr
Prev close
₹884.40
52w High
₹1,190
52w Low
₹700
Enterprise value
₹3,922 Cr
Beta
1.2
Price CAGR 1y
-13.0%
Price CAGR 3y
25.0%
Price CAGR 5y
25.0%
Price CAGR 10y
23.0%

Ratios

Return on assets
15.6%
PEG ratio
1.1
P/E ratio
14.5
P/B ratio
3.9
EV / EBITDA
9.3
Industry P/E
30.6
ROCE
34.5%
ROCE 5y average
38.2%
ROE
25.3%
Debt / Equity
0.0
Interest coverage
115.8
Dividend yield
2.2%
ROE 3y average
28.0%
ROE last year
25.0%

Annual P&L

Annual revenue
₹3,397 Cr
Annual profit
₹345 Cr
Operating margin
12.0%
Net profit margin
10.2%
EBITDA margin
12.3%
Sales growth 3y
8.0%
Sales growth 5y
14.4%
Profit growth 3y
14.0%
Profit growth 5y
36.0%
EPS
₹60.2
Sales growth TTM
26.0%
Profit growth TTM
4.0%
Dividend payout
33.0%

Quarter P&L

Sales latest quarter
₹1,011 Cr
Profit latest quarter
₹87 Cr
YoY quarterly sales growth
33.7%
YoY quarterly profit growth
-13.0%
OPM latest quarter
10.2%

Balance Sheet

Book Value
₹239
Face Value
₹2.0
Total debt
₹49 Cr
Total cash
₹95 Cr
Borrowings
₹49 Cr
Reserves / Equity
118.4

Cash Flow

Operating cash flow
₹363 Cr
Free cash flow
₹324 Cr
FCF yield
6.6%
Net cash flow
-₹107 Cr

Shareholding

Promoter holding
64.3%
FII holding
1.7%
DII holding
12.0%
Public holding
22.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Samvardh. Mothe.154.9535.71,63,5410.381,075.781.535,243.816.613.4
Bosch43,225.0053.91,27,4970.61706.15.25,841.922.021.5
Bharat Forge1,794.0086.887,6680.46-89.9-57.74,639.918.712.6
Uno Minda1,095.7051.863,2730.24315.51.85,556.923.819.6
Schaeffler India3,733.0045.258,3480.93336.713.72,681.417.527.9
Sona BLW Precis.794.2563.849,5750.42220.173.41,157.250.815.1
Tube Investments2,268.4570.143,9110.15294.0-15.36,215.317.117.1
Sharda Motor885.4515.15,0832.2386.54.61,011.133.734.5
Median446.0529.21,5650.3212.322.3265.521.016.4

Competes with: Bharat Forge Limited, Bosch Limited, Samvardhana Motherson International Limited, Schaeffler India Limited, Sona BLW Precision Forgings Limited, Tube Investments of India Limited, UNO Minda Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6547636897036857116907507567878829721,011
Expenses586663595604590606595649658687775859908
Material Cost533552583665743789
Change in Inventories120.92-5.56-0.78-5.040.86
Purchases of Stock-in-Trade141415151717
Employee Cost394139404042
Other Expenses525155566358
Operating Profit68999499961059510198100106113103
OPM %10131414141514131313121210
Other Income19202331201522294618192528
Exceptional items (within Other Income)0220-4.460.200
Interest1110001211111
Depreciation12131414131415171416171715
Profit before tax74106102117102106101111130102107120115
Tax %25242624252625242327242525
Net Profit558076887779758410075818987
EPS in Rs9.28131315131413151713141615
Diluted EPS in Rs293513141615

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7519271,0421,1551,1408631,7372,2552,7002,8092,8373,3973,652
Expenses6878419121,0109947671,6072,0392,4182,4482,4402,9783,229
Material Cost2,0392,543
Change in Inventories1.82-10
Purchases of Stock-in-Trade5562
Employee Cost147160
Other Expenses197224
Operating Profit658713014514596129216282361396419423
OPM %99121313117101013141212
Other Income5194162124212945938610890
Exceptional items (within Other Income)018
Interest912820111223.934.334
Depreciation31445044414044414653586365
Profit before tax29507611612578105203278399420459444
Tax %9-127333126252625252525
Net Profit28336188955267149208300315345332
EPS in Rs4.795.931015168.8111253550556058
Diluted EPS in Rs11060
Dividend Payout %21111280021625103033

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
14%
5 years
14%
3 years
8%
TTM
26%

Compounded profit growth

10 years
26%
5 years
36%
3 years
14%
TTM
4%

Stock price CAGR

10 years
23%
5 years
25%
3 years
25%
1 year
-13%

Return on equity

10 years
26%
5 years
29%
3 years
28%
Last year
25%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6666666665.955.7411
Reserves1572413003794693594255677521,0001,0561,302
Borrowings126121590011121225245249
Other Liabilities149179207232246247530480606598643853
Minority Interest-0.02-0.02
Total Liabilities4385475726167216229731,0661,3891,6281,7572,215
Fixed Assets229243204179194186179156221219251269
CWIP11410010000814
Investments1447100136121404178306687401,136
Other Assets1842532673014063957538321,138741757796
Total Assets4385475726167216229731,0661,3891,6281,7572,215

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity559216411695-64148192-200370271363
Cash from Investing Activity-59-61-84-30-4273-152-62191-214-68-370
Cash from Financing Activity5-43-77-70-5-1-1-9-27-54-262-100
Net Cash Flow1-12316488-6120-36101-59-107
Free Cash Flow-5901509837-77124178-289340212324

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days464038394250684545303739
Inventory Days414737404867362734343640
Days Payable727184859012912184878494109
Cash Conversion Cycle1516-9-61-13-17-13-8-21-22-30
Working Capital Days-39-25-15-12-4-11-948-19-16-18
ROCE %1324302817253840413834

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters737373646464646464646464
FIIs1.641.791.552.422.382.162.202.262.462.232.431.73
DIIs0.290.300.429.321112121211121212
Public252525242222222222222222
No. of Shareholders17,95419,17420,81627,37533,96032,94333,82835,83938,93237,53737,22038,665

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -15.2% (₹1,043.30 → ₹884.40)Brick size ₹34.59 (fixed)Bricks 33
₹800₹1,000₹884Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹884.40 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-942inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,10,77,502inr

2026-03-31

News

News and filings about Sharda Motor Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • aluminized steel tube
  • stainless steel

Depends on the price of

  • steel

Buys from

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Automobile and Auto Components
Industry
Auto Components & Equipments
Classification
Automobile and Auto Components › Auto Components & Equipments
ISIN
INE597I01028

Plants

  • Sharda Motor Chakan plant
  • Sharda Motor Chennai R&D Centre
  • Sharda Motor Haridwar plant
  • Sharda Motor Nashik plant
  • Sharda Motor Sanand plant
  • Sharda Motor Surajpur plant

News impact

Big market events that reach Sharda Motor Industries Limited, and how the effect spreads.

Who it hits first

  • Hyundai India sold 77,916 cars in September, its best month ever, with home sales of 57,166 up 10.9% and exports of 20,750 up 10.4%.
  • A record month means fuller factory lines, more parts bought from suppliers and cheerful dealers.
  • Maruti Suzuki, which makes small cars, and Apollo Tyres, which makes tyres, feel the readthrough as industry demand looks strong.

Who may gain

  • Hyundai Motor India itself on record volumes and better factory use
  • Rival car makers like Maruti Suzuki and Mahindra & Mahindra as strong demand lifts the whole market
  • Parts makers like Samvardhana Motherson, Bosch, Apollo Tyres and Sharda Motor on more orders

Along the supply chain

Downstream

Dealers, transporters moving new cars, insurers and lenders writing more car loans all gain as more Hyundais reach homes and ports.

Upstream

Tyre, battery, glass, wiring, steel and chip sellers to Hyundai see higher call-offs, with Motherson, Bosch and Apollo Tyres among those named as suppliers in the pack.

Where demand moves

Business

Hyundai orders more tyres, batteries, glass, wiring and steel as it builds more cars, while dealers hire and stock up for festive buyers.

Capital

Investors buy Hyundai, its listed suppliers and rival car makers on proof that car demand is strong, favouring names with clean balance sheets.

How it spreads across sectors

Automobile and Auto Components

positive — record car sales lift makers and parts suppliers

When it plays out

Immediate

In 1–7 days, Hyundai, rival car shares and key suppliers firm on the record print.

Medium term

In 1–6 months, sustained volumes feed supplier earnings, while a demand miss would unwind the lift.

Short term

In 1–4 weeks, festive bookings and rival sales prints show whether the strength spreads.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Sep 2026unspecified₹20
4 Jul 2025bonus₹0
13 Jun 2025unspecified₹32.5
19 Sep 2024unspecified₹9.92
18 Sep 2023unspecified₹17.27
12 Sep 2022unspecified₹8.15
18 Aug 2021unspecified₹2.63
16 Apr 2021split₹0

Splits, bonuses & buybacks

  • daily-prices repair: 13 rows from NSE's archive (replace 6, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.