Sandhar Technologies
- Market cap
- ₹ 2,731 Cr.
- P/E
- 13.1x
- P/B
- 2.15x
- 52-week range
- 424 – 763.2
- ROE
- 16%
- ROCE
- 14%
- Dividend yield
- 0.8%
- Debt / equity
- 0.86
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Sandhar Technologies Limited is an India-based automotive components and systems supplier. The Company is engaged in the manufacturing and assembling of automotive components, mainly catering to Original Equipment Manufacturers (OEM). It is also engaged in the design and manufacturing of molds, dies and dies parts, machine tools, jigs and fixtures and fabrication and assembly and construction, Agri-farm, and railway products. The Company's product categories include automotive locking and security systems, automotive vision systems, stampings, operators cabins and structural parts, zinc die casting, aluminum die casting, magnesium die casting, automotive optoelectronics, polymers, painting, plating and coating, commercial tooling, helmets, assemblies, and fuel pumps, filters and wiper blades. The Company's products include automotive locks, latches, door handles, switches, passive and remote keyless entry systems, mirrors and various sheet metal components.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Sandhar Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)13.1 against a typical 26.4: cheaper than most peers (1st = cheapest).26th of 153
- Sales growth+26.8% against a typical +20.7% from a year earlier.49th of 142
- Profit growth+32.1% against a typical +15.3% from a year earlier.51st of 127
- Share price, 3 months−20.5% against a typical −4.4%.131st of 142
- Size₹ 2,730.8 Cr. market value against a typical ₹ 728 Cr. (1st = largest).41st of 138
Latest announcements
Exchange filings and their impact on the company.
- Sandhar completed its tiny Rs 1.62 cr captive solar SPV investment to trim power costs.
Sandhar Technologies on 12 October 2026 completed its Rs 1.62 crore equity investment in Clean Renewable Energy HR 1B Private Limited, a solar SPV set up with Hero Rooftop Energy Private Limited. The deal follows the Share Subscription and Shareholders Agreement disclosed on 2 July 2026. The stake will let Sandhar source solar power for its plants to cut energy costs and advance its sustainability and carbon-neutrality goals.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Stable | 3 Jun 2026 |
| India Ratings | IND AA-; IND A1+ | Stable | 22 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 3 Jun 2026 | Reaffirmed | [ICRA]AA- /[ICRA]A1+ → [ICRA]AA- | — | ICRA | ₹ 885 Cr. | |
| 22 May 2026 | Reaffirmed | IND AA- | — | India Ratings | ₹ 885 Cr. | |
| 11 Mar 2026 | Rating action | [ICRA]AA- /[ICRA]A1+ | — | ICRA | ₹ 735 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 16 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 11 Aug 2026 | Financial Results | To consider and approve the un-Audited financial results (Standalone & Consolidated) for the Quarter ended Jun 30, 2026 |
| 21 May 2026 | Financial Results/Dividend | To consider and approve the Audited financial results for the quarter and year ended March 31, 2026 and declaration of Final dividend, if any |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the Un-audited Standalone and Consolidated financial results for the quarter ended September 30, 2025 |
| 7 Aug 2025 | Financial Results/Fund Raising | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 and ii. the proposal for raising of funds by way of issuance equity shares or any other eligible securities through permissible modes, including but not limited to private placement, qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws, subject to approval of shareholders of the Company, as applicable. |
| 22 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 885 | 890 | 918 | 913 | 984 | 974 | 1,014 | 1,090 | 1,270 | 1,185 | 1,307 | 1,382 |
| Expenses | 804 | 801 | 820 | 827 | 885 | 879 | 910 | 1,008 | 1,152 | 1,076 | 1,178 | 1,277 |
| Operating Profit | 81 | 89 | 98 | 86 | 99 | 95 | 104 | 82 | 118 | 108 | 129 | 105 |
| OPM % | 9% | 10% | 11% | 9% | 10% | 10% | 10% | 8% | 9% | 9% | 10% | 8% |
| Other Income | 4 | 3 | 5 | 7 | 7 | 5 | 10 | 21 | 39 | 3 | 18 | 13 |
| Interest | 13 | 13 | 14 | 14 | 14 | 14 | 15 | 17 | 17 | 17 | 18 | 18 |
| Depreciation | 37 | 40 | 42 | 41 | 42 | 44 | 44 | 50 | 44 | 49 | 50 | 50 |
| Profit before tax | 35 | 39 | 46 | 37 | 50 | 42 | 56 | 36 | 96 | 45 | 79 | 51 |
| Tax % | 22% | 34% | 23% | 22% | 20% | 28% | 23% | 23% | 23% | 25% | 19% | 27% |
| Net Profit | 28 | 25 | 36 | 29 | 40 | 30 | 43 | 28 | 73 | 33 | 64 | 37 |
| EPS in Rs | 4.54 | 4.19 | 5.96 | 4.83 | 6.65 | 4.98 | 7.08 | 4.65 | 12.19 | 5.56 | 10.6 | 6.19 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 21%
- 3 Years
- 19%
- TTM
- 27%
- 10 Years
- 19%
- 5 Years
- 29%
- 3 Years
- 41%
- TTM
- 51%
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 22%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 12%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Sandhar Technologies | ₹ 470.00 | ₹ 2,731 Cr. | 13.1x | 2.2x | 16% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 35.1x | 3.7x | 10.2% | 3.2% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 62.3x | 17.8x | 29.5% | 19.5% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 51.3x | 8.1x | 19.4% | 13.8% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 54.8x | 9.8x | 19.1% | 6.5% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 64.6x | 7.3x | 11.2% | 14.1% |
Management
- Jayant Davar
- Executive Chairman, Chief Executive Officer
- Yashpal Jain
- Chief Financial Officer, Company Secretary
- Gulshan Ahuja
- Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.