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Sharda Motor Industries

SHARDAMOTR NSE
₹865.00 No trade today
P/E
14.96
View as Markdown
MCP
Close 4 Nov 2026 ₹865.00 −274.60 −24.1% 1Y
Start ₹1,139.60

Key Fundamentals

MicrocapAuto ComponentsConsumer Discretionary

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
34.50%
Debt to Equity
0.04
EPS (TTM)
₹57.83
Book Value
₹228.72
Market Cap
—
P/E (TTM)
14.96
P/B
3.78
ROE
25.20%
Dividend Yield
2.34%
EBITDA
₹505 Cr
52W High
₹1,189.90
52W Low
₹700.00
Volume
0

Peer Comparison

Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments

Sharda Motor peer comparison
₹159.4938.43₹1,68,660 Cr3.980.37%11.20%13.40%₹1,31,135 Cr₹4,556 Cr
₹50,925.0063.56₹1,48,351 Cr10.110.54%14.60%21.50%₹21,088 Cr₹2,363 Cr
₹1,812.80122.74₹86,739 Cr7.650.48%12.00%12.60%₹17,543 Cr₹715 Cr
₹1,196.9057.49₹67,494 Cr10.130.24%19.30%19.60%₹20,725 Cr₹1,291 Cr
₹893.7074.48₹56,293 Cr8.700.38%11.70%15.10%₹4,514 Cr₹746 Cr
₹3,507.2042.47₹55,555 Cr8.920.99%20.80%27.90%₹10,192 Cr₹1,292 Cr
₹2,250.5071.81₹42,644 Cr5.620.16%9.95%17.10%₹23,754 Cr₹1,109 Cr
Sharda Motor (this company)
₹865.0014.96₹4,967 Cr3.782.34%25.20%34.50%₹3,652 Cr₹332 Cr
Median 8 companies₹1,504.8560.53₹61,893 Cr8.180.43%13.30%18.35%₹19,134 Cr₹1,200 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

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

Overall score

65 Good

Data confidence 100/100

Category scores

Quality
69
Strong
Returns, margins, earnings quality 22% weight
Valuation
72
Strong
Cheap vs sector & own history 24% weight
Growth
75
Strong
Sales & profit trajectory 9% weight
Financial Health
75
Strong
Solvency, leverage, coverage 9% weight
Momentum
42
Weak
Trend strength, vol-adjusted 12% weight
Ownership
54
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

3
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%
  • Company has been maintaining a healthy dividend payout of 24.2%

Weaknesses

1
  • Promoter holding has decreased over last 3 years: -8.89%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish856
OscillatorsNeutral252
Moving AveragesStrong Bearish604

Key readings

RSI (14)
49.86
Neutral
MACD (12,26,9)
−20.39
Bullish
SMA (50)
895.36
Bearish
SMA (200)
867.83
Bearish

As of

Analyst Rating

Based on 1 analysts
BUY100%

1 of 1 analyst rates Buy, 0 Hold, 0 Sell.

As of

BUY
1
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+13.87%
5Y+14.36%
3Y+7.96%
1Y+19.74%
TTM+25.63%

Net profit

Net profit growth by window
10Y+26.45%
5Y+38.79%
3Y+18.37%
1Y+9.52%
TTM−1.78%

Operating cash flow

Operating cash flow growth by window
10Y+14.71%
5Y+19.65%
3YTurned positive
1Y+33.95%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+2.94 pp
5Y+4.90 pp
3Y+1.89 pp
1Y−1.63 pp
TTM−2.17 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1,042 Cr
Mar 2018₹1,155 Cr
Mar 2019₹1,140 Cr
Mar 2020₹863 Cr
Mar 2021₹1,737 Cr
Mar 2022₹2,255 Cr
Mar 2023₹2,700 Cr
Mar 2024₹2,809 Cr
Mar 2025₹2,837 Cr
Mar 2026₹3,397 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹61.00 Cr
Mar 2018₹88.00 Cr
Mar 2019₹95.00 Cr
Mar 2020₹52.00 Cr
Mar 2021₹67.00 Cr
Mar 2022₹149 Cr
Mar 2023₹208 Cr
Mar 2024₹300 Cr
Mar 2025₹315 Cr
Mar 2026₹345 Cr

Analyst Forecasts

Forecast For
Sep 26 consensus · EBITDA
₹113 Cr −13.7% vs Jun 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
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 7
  • 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
  • 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 7
  • 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
  • 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

₹ Cr
SHARDAMOTR quarterly results, ₹ crore
Particulars 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
18.4
18.8
21.74
31
20
15
20.88
27.39
46
18
19
22.63
27.06
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
105
102
117
102
106
100
109
130
103
106
117
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 (₹)
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

Profit & Loss

₹ Cr
SHARDAMOTR profit and loss, annual, ₹ crore
Particulars 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
83.28
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
417
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 (₹)
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%
—

Balance Sheet

₹ Cr
SHARDAMOTR balance sheet, annual, ₹ crore
Particulars 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
269
CWIP
11
4
1
0
0
1
0
0
0
0
8
14
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

Cash Flow

₹ Cr
SHARDAMOTR cash flow, annual, ₹ crore
Particulars 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/EBITDA
90
119
141
107
93
−45
140
115
−45
130
94
114

Ratios

SHARDAMOTR financial ratios, annual
Particulars 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
−18
ROCE %
13%
—
24%
30%
28%
17%
25%
38%
40%
41%
38%
34%

Insights

Beta

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

Log in to view Sharda Motor insights

66 extracted metrics across FY07–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 64.31%
  • Public 16.28%
  • DIIs 12.70%
  • Others 5.19%
  • FIIs 1.53%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Sharda Motor Industries

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.
Where is Sharda Motor Industries Ltd (SHARDAMOTR) listed?
Sharda Motor Industries Ltd trades as SHARDAMOTR on the NSE and under code 535602 on the BSE.
Which sector does Sharda Motor Industries Ltd belong to?
Sharda Motor Industries Ltd is classified under the Automobiles sector, in the Auto Components industry.
What is the PE ratio of Sharda Motor Industries Ltd?
Sharda Motor Industries Ltd trades at a PE ratio of 14.96 as of 4 Nov 2026, on earnings per share of ₹57.83, against a book value of ₹228.72 per share.
What is the 52-week high and low of Sharda Motor Industries Ltd?
Over the last 52 weeks Sharda Motor Industries Ltd has traded between ₹700 and ₹1,189.9 as of 4 Nov 2026.
Does Sharda Motor Industries Ltd pay dividends?
Sharda Motor Industries Ltd has a dividend yield of 2.34%.
What is the Return on Equity (ROE) of Sharda Motor Industries Ltd?
Sharda Motor Industries Ltd reported a return on equity of 25.20%. Its debt-to-equity ratio is 0.04.

Company Information

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

CEO Mr. Aashim Relan
Employees 1,062
Listed 3 Sep 2015
Face Value ₹2

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