---
title: "Sandvik Coromant India Pvt Ltd (SANDVIKAS) — Share Price, Financials & Analysis"
symbol: "SANDVIKAS"
company: "Sandvik Coromant India Pvt Ltd"
canonical: "https://tapetide.com/stocks/SANDVIKAS"
generated_at: "2026-10-13T10:58:22.762Z"
---

# Sandvik Coromant India Pvt Ltd (SANDVIKAS)

Canonical page: https://tapetide.com/stocks/SANDVIKAS

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹100
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Earnings include an other income of Rs.65.9 Cr.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -66% | -24% |
| revenue growth | -14% | -22% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 945 | 1122 | 1288 | 0 | 1905 | 2087 | 2569 | 2487 | 809 | 696 |
| Expenses | 799 | 1056 | 1291 | 0 | 1882 | 2050 | 2336 | 2247 | 713 | 640 |
| Operating Profit | 146 | 66 | -3 | 0 | 23 | 36 | 233 | 240 | 96 | 56 |
| OPM % | 15 | 6 | -0.3 | — | 1.2 | 1.7 | 9 | 10 | 12 | 8 |
| Other Income | 61 | 91 | 82 | 0 | 0 | 0 | 61 | 63 | 48 | 66 |
| Interest | 2 | 5 | 22 | 0 | 0 | 0 | 18 | 20 | 1 | 1 |
| Depreciation | 51 | 60 | 75 | 0 | 0 | 0 | 113 | 118 | 67 | 70 |
| Profit before tax | 153 | 91 | -18 | 0 | 23 | 36 | 163 | 165 | 76 | 51 |
| Tax % | 33 | 30 | -36 | — | -220 | -248 | 38 | 15 | -43 | 30 |
| Net Profit | 102 | 64 | -11 | 0 | 74 | 126 | 100 | 140 | 108 | 36 |
| Dividend Payout % | 10 | 16 | 0 | — | 32 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 20 | 20 | 20 | 115 | 19 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 266 | 316 | 302 | 429 | 674 | 792 | 890 | 1028 | 862 | 909 |
| Borrowings | 117 | 226 | 450 | 241 | 230 | 150 | 213 | 212 | 0 | 0 |
| Other Liabilities | 331 | 446 | 356 | 630 | 660 | 1039 | 852 | 855 | 472 | 220 |
| Total Liabilities | 734 | 1008 | 1128 | 1416 | 1583 | 2006 | 1979 | 2119 | 1358 | 1152 |
| Fixed Assets | 199 | 288 | 349 | 375 | 380 | 448 | 492 | 494 | 385 | 348 |
| CWIP | 56 | 59 | 47 | 0 | 34 | 44 | 65 | 65 | 24 | 42 |
| Investments | 2 | 2 | 11 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 477 | 660 | 721 | 1039 | 1170 | 1514 | 1422 | 1560 | 949 | 762 |
| Total Assets | 734 | 1008 | 1128 | 1416 | 1583 | 2006 | 1979 | 2119 | 1358 | 1152 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 135 | 54 | -38 | — | 226 | 395 | -192 | 271 | — | — |
| Cash from Investing Activity | -111 | -151 | -133 | — | -147 | -112 | -152 | -160 | — | — |
| Cash from Financing Activity | -24 | 101 | 189 | — | 62 | -125 | 52 | -16 | — | — |
| Net Cash Flow | 0 | 4 | 18 | — | 140 | 158 | -292 | 95 | — | — |
| Free Cash Flow | 23 | -98 | -163 | — | 75 | 263 | -349 | 111 | — | — |
| CFO/OP | 129 | 142 | 826 | — | 1216 | 1385 | -43 | 147 | — | — |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 84 | 69 | 61 | — | 62 | 66 | 68 | 76 | 34 | 43 |
| Inventory Days | 115 | 139 | 113 | — | — | — | 102 | 103 | 75 | 87 |
| Days Payable | 171 | 162 | 106 | — | — | — | 117 | 131 | 104 | 156 |
| Cash Conversion Cycle | 28 | 46 | 68 | — | 62 | 66 | 53 | 48 | 5 | -27 |
| Working Capital Days | 46 | 57 | 85 | — | 47 | 9 | 55 | 59 | -111 | 7 |
| ROCE % | 44 | 20 | 1 | — | 3 | 4 | 17 | 16 | — | 6 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 75.05 | Buy |
| EMA (10) | 75.8 | Buy |
| SMA (20) | 77.7 | Sell |
| EMA (20) | 78.55 | Sell |
| SMA (50) | 89.9 | Sell |
| EMA (50) | 90.62 | Sell |
| SMA (100) | 113.46 | Sell |
| EMA (100) | 108.29 | Sell |
| SMA (200) | 137.47 | Sell |
| EMA (200) | 137.34 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.73 | Neutral |
| MACD (12,26,9) | -4.5 | Buy |
| Stochastic (14,3,3) | 28.65 | Neutral |
| ADX (14) | 24.1 | Neutral |
| Williams %R (14) | -62.62 | Neutral |
| ATR (14) | 4.16 | High Volatility |
| ROC (12) | -10.32 | Sell |
| Stoch RSI (14) | 78.45 | Neutral |
| UO (7,14,28) | 59.93 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:22.762Z.