Sharda Motor Industries Ltd logo

Sharda Motor Industries Ltd

SHARDAMOTR NSE

Key Fundamentals

MicrocapAuto ComponentsAutomobiles
Market Cap
₹5,262 Cr
Volatility
Moderate
P/E Ratio
16.19
EBITDA
₹419 Cr
Return on Equity
29.66%
Debt to Equity
0.04
Book Value
₹228.72
EPS
₹108.03
52W High
₹1,189.9
52W Low
₹700

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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44 extracted metrics + investor summaries across FY12–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 29.4%
  • Company has been maintaining a healthy dividend payout of 24.2%

Weaknesses

2
  • Promoter holding has decreased over last 3 years: -8.89%
  • Working capital days have increased from 14.5 days to 78.1 days

Growth Rate

Revenue Growth
16.33% ↗
Net Income Growth
11.36% ↗
Cash Flow Change
-26.79% ↘
ROE
-0.40% ↗
ROCE
-2.12% ↗
EBITDA Margin (Avg.)
-27.27% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 42d ago
AI opinion · based on fundamentals
Risk medium

Sharda Motor Industries Ltd is a nearly debt-free auto component maker with a market cap of ₹5,198 Cr, trading at a PE of 14.9x with a 3-year ROE of 29%. The stock has declined 15% over the past year despite delivering 20% TTM sales growth and 10% TTM profit growth, while working capital days have expanded significantly from 14.5 to 78.1 days.

Bull Case 8
  • Almost debt-free balance sheet provides financial resilience and flexibility for future capex or acquisitions
  • Consistently high return on equity at 29% over both 3-year and 5-year periods, indicating efficient capital allocation
  • Attractive valuation with PE of 14.9x, which is below the broader market multiple for a company delivering 29% ROE
  • Strong TTM sales growth of 20% suggests healthy demand momentum and market share gains in the auto components space
  • Compounded profit growth of 39% over 5 years demonstrates significant operating leverage and margin expansion
  • Dividend yield of 3.62% with a healthy payout ratio of 24.2% offers meaningful income while retaining capital for growth
  • Long-term stock CAGR of 27% over 10 years reflects sustained value creation through market cycles
  • 10-year compounded sales growth of 14% indicates a durable business model with consistent top-line expansion
Bear Case 8
  • Promoter holding has decreased by 8.89% over the last 3 years, which may signal reduced insider confidence or stake monetization
  • Working capital days have deteriorated sharply from 14.5 days to 78.1 days, indicating potential cash conversion cycle issues or stretched receivables
  • Stock has declined 15% over the past 1 year, underperforming the broader market and signaling negative sentiment
  • TTM profit growth of 10% has decelerated compared to the 5-year CAGR of 39%, suggesting margin pressure or one-off benefits fading
  • 3-year compounded sales growth of only 8% is modest relative to the 10-year average of 14%, indicating a potential slowdown in the medium term
  • Price-to-book ratio of 3.92x implies the market is pricing in continued high returns, leaving limited margin of safety if ROE normalizes
  • Consumer discretionary sector exposure makes the company vulnerable to economic slowdowns and reduced automobile production volumes
  • 52-week high and low data unavailable, making it difficult to assess current price positioning within the trading range

This is AI-generated analysis, not financial advice. Do your own due diligence.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
654
763
689
703
685
711
690
750
756
787
882
972
1,011
Expenses
586
663
595
604
590
606
595
649
658
687
775
859
908
Operating Profit
68
99
94
99
96
105
95
101
98
100
106
113
103
OPM %
10%
13%
14%
14%
14%
15%
14%
13%
13%
13%
12%
12%
10%
Other Income
19
20
23
31
20
15
22
29
46
18
19
25
28
Interest
1
1
1
0
0
0
1
2
1
1
1
1
1
Depreciation
12
13
14
14
13
14
15
17
14
16
17
17
15
PBT
74
106
102
117
102
106
101
111
130
102
107
120
115
Tax %
25%
24%
26%
24%
25%
26%
25%
24%
23%
27%
24%
25%
25%
Net Profit
55
80
76
88
77
79
75
84
100
75
81
89
87
EPS in Rs
9.28
13.46
12.77
14.84
13.39
13.71
13.14
14.62
17.41
13.01
14.17
15.58
15.07
Figures in ₹ Crores

Profit & Loss

  Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
751
927
1,042
1,155
1,140
863
1,737
2,255
2,700
2,809
2,837
3,397
3,652
Expenses
687
841
912
1,010
994
767
1,607
2,039
2,418
2,448
2,440
2,978
3,229
Operating Profit
65
87
130
145
145
96
129
216
282
361
396
419
423
OPM %
9%
9%
12%
13%
13%
11%
7%
10%
10%
13%
14%
12%
12%
Other Income
5
19
4
16
21
24
21
29
45
93
86
108
90
Interest
9
12
8
2
0
1
1
1
2
2
4
4
4
Depreciation
31
44
50
44
41
40
44
41
46
53
58
63
65
PBT
29
50
76
116
125
78
105
203
278
399
420
459
444
Tax %
9%
-1%
27%
33%
31%
26%
25%
26%
25%
25%
25%
25%
—
Net Profit
28
33
61
88
95
52
67
149
208
300
315
345
332
EPS in Rs
4.79
5.93
10.24
14.78
15.91
8.81
11.2
25.08
35.01
50.35
54.86
60.17
57.83
Div. Payout %
21%
11%
12%
8%
0%
0%
2%
16%
25%
10%
30%
33%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
6
6
6
6
6
6
6
6
6
6
6
11
Reserves
157
241
300
379
469
359
425
567
752
1,000
1,056
1,302
Borrowings
126
121
59
0
0
11
12
12
25
24
52
49
Other Liabilities
149
179
207
232
246
247
530
480
606
598
643
853
Total Liabilities
438
547
572
616
721
622
973
1,066
1,389
1,628
1,757
2,215
Fixed Assets
229
243
204
179
194
186
179
156
221
219
251
283
CWIP
11
4
1
0
0
1
0
0
0
0
8
0
Investments
14
47
100
136
121
40
41
78
30
668
740
1,136
Other Assets
184
253
267
301
406
395
753
832
1,138
741
757
796
Total Assets
438
547
572
616
721
622
973
1,066
1,389
1,628
1,757
2,215
Figures in ₹ Crores

Cash Flow

  Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
55
92
164
116
95
-64
148
192
-200
370
271
363
Investing
-59
-61
-84
-30
-42
73
-152
-62
191
-214
-68
-370
Financing
5
-43
-77
-70
-5
-1
-1
-9
-27
-54
-262
-100
Net Cash Flow
1
-12
3
16
48
8
-6
120
-36
101
-59
-107
Free Cash Flow
-5
90
150
98
37
-77
124
178
-289
340
211
324
CFO/OP
90
119
141
107
93
-45
140
115
-45
130
94
114
Figures in ₹ Crores

Ratios

  Mar 2012Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
46
40
38
39
42
50
68
45
45
30
37
39
Inventory Days
41
47
37
40
48
67
36
27
34
34
36
40
Days Payable
72
71
84
85
90
129
121
84
87
84
94
109
Cash Conversion Cycle
15
16
-9
-6
1
-13
-17
-13
-8
-21
-22
-30
Working Capital Days
-39
-25
-15
-1
2
-4
-11
-9
48
-19
-16
78
ROCE %
13%
—
24%
30%
28%
17%
25%
38%
40%
41%
38%
36%

Shareholding Pattern

As of Jun 2026
Promoters 64.31%
Public 16.65%
DIIs 11.98%
Others 5.33%
FIIs 1.73%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Jul 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
73.20%
64.31%
64.31%
64.31%
64.31%
64.31%
64.31%
64.31%
64.31%
64.31%
64.31%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.64%
1.79%
1.55%
2.43%
2.38%
2.16%
2.20%
2.26%
2.25%
2.46%
2.23%
2.43%
1.73%
DIIs
0.84%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.24%
0.29%
0.30%
0.42%
9.32%
11.41%
11.94%
11.72%
11.52%
11.43%
11.44%
11.70%
11.51%
11.98%
Government
0.00%
0.12%
0.12%
0.12%
0.12%
0.12%
0.00%
0.00%
0.12%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
18.80%
19.32%
19.30%
19.04%
19.03%
18.95%
19.20%
19.44%
19.12%
18.69%
19.07%
18.94%
19.24%
18.67%
17.46%
17.22%
17.49%
17.72%
17.24%
17.00%
16.53%
16.39%
16.65%
Others
7.17%
7.36%
7.38%
7.65%
7.65%
7.74%
7.60%
7.36%
7.56%
7.87%
5.81%
5.78%
5.59%
5.28%
4.45%
4.38%
4.29%
4.19%
4.78%
4.79%
5.23%
5.36%
5.33%
No. of Shareholders
0
7,202
11,535
11,608
12,003
12,234
11,918
14,308
15,046
15,203
17,954
19,174
20,816
27,374
33,960
32,943
33,828
35,839
38,567
38,932
37,537
37,220
38,665

Documents

Frequently Asked Questions about Sharda Motor Industries Ltd

What does Sharda Motor Industries Ltd do?
Sharda Motor Industries Ltd is primarily engaged in the manufacturing and assembly of Auto Components and White Goods Components.[1]
Where is Sharda Motor Industries Ltd (SHARDAMOTR) listed?
Sharda Motor Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: SHARDAMOTR and BSE: 535602. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Sharda Motor Industries Ltd belong to?
Sharda Motor Industries Ltd operates in the Consumer Discretionary sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Sharda Motor Industries Ltd?
Sharda Motor Industries Ltd has a market capitalisation of approximately ₹5262.28 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Sharda Motor Industries Ltd?
The Price-to-Earnings (PE) ratio of Sharda Motor Industries Ltd is 16.19. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Sharda Motor Industries Ltd?
Over the past 52 weeks, Sharda Motor Industries Ltd has traded between a low of ₹700 and a high of ₹1,189.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does Sharda Motor Industries Ltd pay dividends?
Yes, Sharda Motor Industries Ltd has a dividend yield of 3.57%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Sharda Motor Industries Ltd?
Sharda Motor Industries Ltd has a Return on Equity (ROE) of 29.66%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Sharda Motor Industries Ltd on Tapetide?
On Tapetide, you can view Sharda Motor Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Sharda Motor Industries Ltd is primarily engaged in the manufacturing and assembly of Auto Components and White Goods Components.[1]

Website shardamotor.com
CEO Mr. Aashim Relan
Employees 1,062
Listed 2015-09-03
Face Value ₹ 2
Issued Size 5,74,07,706

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