1. India Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Sandhar Technologies Ltd.

Sandhar Technologies Ltd.

476.15
INR
-8.65
(-1.78%)
34.54EPS
20.75P/E
43.15BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
244.31
286.41
292.58
317.94
375.83
383.04
318.85
305.93
380.73
476.18
576.77
637.69
796.55
854.51
Basic EPS, GAAP
6.46
7.47
6.52
8.14
12.68
15.81
9.45
9.6
9.26
12.12
18.24
23.53
33
34.54
Free Cash Flow per Basic Share
-3.02
-2.29
7.06
-3.38
2.31
1.56
25.17
7.77
-41.27
8.51
6.25
-11.5
-14.78
- -
Dividend per Share
1.83
1.85
3.51
1.53
3.61
1.53
3.04
2.01
1.01
2.25
2.51
3.25
3.5
- -
Book Value per Share
34.66
43.06
45.46
50.06
105.37
119.55
126.67
133.64
142.7
152.92
168.9
189.28
221.48
- -
Tangible Book Value per Share
33.5
40.49
43.23
48.08
102.89
117.42
124.29
131.14
130.46
141.91
157.52
179.47
194.68
- -
Basic Weighted Avg Shares
51
51
51
51
51
60
60
60
60
60
60
60
60
60
Sales/Revenue/Turnover
12,528
14,687
15,003
16,114
19,272
23,056
19,192
18,415
22,916
28,661
34,716
38,383
47,945
51,439
Operating Margin (%)
6.33
5.94
5.98
5.48
7.55
7.47
5.24
5.15
4.63
4.49
5.45
5.68
5.64
8.72
Depreciation Expense
394
524
552
603
675
809
984
939
1,000
1,215
1,536
1,706
1,934
1,930
Net Income, GAAP
331
383
335
413
650
952
569
578
557
730
1,098
1,416
1,987
2,079
Effective Tax Rate (%)
20.42
25.33
25.37
20.04
32.37
34.08
27
25.87
31.33
26.71
26.59
23.27
22.32
23.15
Profit Margin (%)
2.64
2.61
2.23
2.56
3.37
4.13
2.96
3.14
2.43
2.55
3.16
3.69
4.14
4.04
Working Capital
-1,268
-983
-1,194
-1,192
-1,215
-754
-580
726
301
-26
-493
-677
-918
- -
LT Debt
1,262
1,668
1,945
2,092
129
85
789
1,777
3,302
4,064
3,824
3,544
4,380
- -
Total Equity
2,100
2,607
2,755
3,035
6,371
7,231
7,661
8,081
8,628
9,249
10,166
11,393
13,331
- -
Return on Invested Capital (%)
12.27
11.13
9.88
9.8
10.34
10.61
7.18
6.48
5.56
6.26
8.29
8.96
10.76
- -
Return on Capital (%)
11.83
11.1
9.42
10.43
9.56
10.11
6.8
6.29
5.13
6.36
8.73
9.64
11
- -
Return on Common Equity (%)
17.07
16.37
12.56
14.35
13.9
14.06
7.68
7.37
6.7
8.2
11.33
13.14
16.07
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,096
- -
LT Borrowings
- -
2,612
- -
LT Finance Leases
- -
1,769
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
33,111
26,303
43,151

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
15,431
- -
Cash, Cash Equivalents & STI
- -
792
- -
Accounts Receivable, Net
- -
8,053
- -
Inventories
- -
5,598
- -
Total Current Liabilities
- -
16,349
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,096
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.79%
10.59%
17.01%
Free Cash Flow
7.69%
-206.83%
28.52%
Net Income, GAAP
23.57%
29.43%
40.25%
Sales/Revenue/Turnover
13.19%
21.22%
24.91%
Total Cash Common Dividend
21.77%
24.41%
7.69%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9,126
9,842
9,737
10,141
38,383
2026
10,901
12,704
11,846
13,070
47,945
2027
13,819
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.83
6.65
4.97
7.08
23.53
2026
4.65
12.19
5.56
10.6
33
2027
6.19
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.25
2026
- -
- -
- -
- -
3.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jayant Davar
Full Time Employees
1,307
Sector
Consumer durables
Industry
Motor vehicles
Address
Plot No. 13 Gurugram HA India 122002
IPO Date
Apr 2, 2018
Website
sandhargroup.com
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Business
Sandhar Technologies Limited Sandhar Technologies Limited manufactures and supplies a comprehensive range of automotive components and systems for original equipment manufacturers worldwide. The company offers automotive locking and security systems including ignition and steering locks, latches, hinges, and door handles; automotive vision systems such as mirrors; stampings; operator cabins and structural parts for off-highway vehicles including wheel loaders, cranes, tractors, hoe loaders, and excavators; automotive optoelectronics; zinc, aluminum, and magnesium die castings; polymers; commercial tooling; helmets; assemblies; fuel pumps; filters; and wiper blades, as well as painting, plating, and coatings services. Through its Automach division, Sandhar Technologies Limited produces two-wheeler steel wheels utilizing advanced wheel forming, tri-nickel chrome plating, and assembly processes; it also develops electronic components like handle locks, rectifiers, DC-DC converters, type-C USB chargers, throttle assemblies, traction motor controllers, and off-board chargers for electric vehicles. Founded in 1987 and headquartered in Gurugram, Haryana, India, the company operates 46 manufacturing facilities across India in states including Uttarakhand, Haryana, Maharashtra, Gujarat, Tamil Nadu, Himachal Pradesh, Rajasthan, and Karnataka, as well as overseas in Romania, Poland, Mexico, and Spain. Sandhar Technologies Limited maintains technical collaborations and joint ventures with partners from Japan, South Korea, and Taiwan, including Whetron, Jinyoung, Daeshin Machinery, Kwangsung Corporation, Winnercom, and Hanshin Corporation; its subsidiaries encompass Sandhar Engineering Private Limited, Sandhar Tooling Private Limited, Sandhar Automotive Systems Private Limited, Sandhar Auto Castings Private Limited, and Sandhar Auto Electric Solutions Private Limited, among others. In recent developments, Sandhar Technologies Limited completed the acquisition of the remaining 20.08% stake in Sandhar Tooling Private Limited in January 2024, converting it into a wholly-owned subsidiary. Its wholly-owned subsidiary Sandhar Ascast Private Limited acquired the high-pressure and low-pressure aluminum die-casting business of Sundaram-Clayton Limited at its Hosur plant, expanding die-casting capabilities. The company established Sandhar Auto Electric Solutions Private Limited to advance electric vehicle products including DC-DC converters, EV chargers, and motor controllers, with trial productions and technical collaborations underway, alongside new mass production launches in sheet metal and machining facilities at locations including Nalagarh, Halol, Attibele, Mysore, and Hosur.