Sandhar Technologies Limited
₹445.50-₹23.90 (-5.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹3,369 Cr
- P/E
- 19.2x
- EV / EBITDA
- 13.3x
- Revenue
- ₹2,913 Cr
- Net margin
- 4.1%
- ROCE
- 20.4%
Price chart
Technical chartScreen technicals →-15.4% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -24.1%
- 3M
- -25.7%
- 6M
- -9.6%
- 1Y
- -15.4%
- 5Y
- +56.3%
52-week range
Day change -₹23.90 (-5.1%) from ₹469 to ₹446 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SANDHAR, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Comfortable interest coverage of 18.0x
Concerns0
Rule-based from financial data. Not advice.
About the company
Sandhar Technologies Limited, together with its subsidiaries, engages in the manufacturing and assembling of automotive components for the automotive industry in India and internationally.
Read moreShow less
Sandhar Technologies Limited, together with its subsidiaries, engages in the manufacturing and assembling of automotive components for the automotive industry in India and internationally. It offers automotive locking and security systems, which include locking systems, latches and hinges, and door handles; automotive vision systems; stampings; operator cabins and structural parts; automotive optoelectronics; and zinc, aluminum, and magnesium die casting products. The company also provides polymers, commercial tooling products, helmets, assemblies, fuel pumps, filters, and wiper blades, as well as painting, plating, and coating products. In addition, it offers locks, sheet metal components, wheel assembly products, cabins, mirror assembly products, handlebar assembly products, plastic parts, and other products. The company was incorporated in 1987 and is based in Gurugram, India.
- Sector
- Technology
- Shares outstanding
- 6.0 Cr shares
- ISIN
- INE278H01035
- BSE code
- 541163
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹3,369 Cr
- P/E
- 19.2x
- P/B
- 2.7x
- EV / EBITDA
- 13.3x
- EV / Sales
- 1.3x
- P/S
- 1.2x
- Earnings yield
- 5.2%
- 52-week high
- ₹734.25
- 52-week low
- ₹438.05
Profitability
- Operating margin
- 9.3%
- Net margin
- 4.1%
- EBITDA margin
- 9.5%
- ROE
- 10.9%
- ROCE
- 20.4%
- ROA
- 6.8%
- Dividend payout
- 17.0%
- Tax rate
- 27.0%
- Other income, % of PBT
- 3.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,913 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 7.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹258 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.0%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.9%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹139 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -43.7%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.2%
Solvency and efficiency
- Current ratio
- 2.25
- Debt / Equity
- 0.20
- Debt / Assets
- 0.13
- Debt / EBITDA
- 0.81
- Interest coverage
- 18.00
- Financial leverage
- 1.60
- CFO / Net profit
- 1.24
- Cash / Market cap
- 20.3%
- Cash per share
- ₹113.33
- Asset turnover
- 1.65
- Fixed asset turnover
- 4.03
- Capital intensity
- 0.25
- Debtor days
- 54 days
- Inventory turnover
- 10.14
- Cash conversion cycle
- 23 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹5 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹2,636 Cr |
| Sales | Operating profit | ₹277 Cr |
| Operating profit | Interest | ₹20 Cr |
| Operating profit | Depreciation | ₹97 Cr |
| Operating profit | Profit before tax | ₹160 Cr |
| Other income | Profit before tax | ₹26 Cr |
| Profit before tax | Tax and other | ₹46 Cr |
| Profit before tax | Net profit | ₹140 Cr |
Revenue and net profit
Revenue grew 7.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,585 Cr | ₹65 Cr |
| FY2022 | ₹1,941 Cr | ₹61 Cr |
| FY2023 | ₹2,397 Cr | ₹84 Cr |
| FY2024 | ₹2,716 Cr | ₹112 Cr |
| FY2025 | ₹2,913 Cr | ₹140 Cr |
Cash flows
FY2025: ₹158 Cr from operations, ₹0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹97 Cr | ₹22 Cr |
| FY2022 | ₹18 Cr | -₹173 Cr |
| FY2023 | ₹247 Cr | ₹160 Cr |
| FY2024 | ₹139 Cr | -₹20 Cr |
| FY2025 | ₹158 Cr | ₹0 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,913 Cr+7.3%1Y
- Net profit
- ₹140 Cr+25.0%1Y
- Cash from operations
- ₹158 Cr
- Free cash flow
- ₹0 Cr
- Revenue CAGR, 5Y
- 10.6%
- EBITDA CAGR, 5Y
- 8.8%
- Net profit CAGR, 5Y
- 12.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,913 Cr | ₹277 Cr | — | ₹140 Cr | ₹158 Cr | ₹0 Cr | 12.2% | +7.3% | +25.0% |
Monthly returns
Month-by-month returns of SANDHAR across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,858 Cr |
| Equity capital | ₹60 Cr |
| Reserves | ₹1,086 Cr |
| Borrowings | ₹282 Cr |
| Other liabilities | ₹430 Cr |
| Assets | ₹1,858 Cr |
| Fixed assets | ₹693 Cr |
| Capital work in progress | ₹43 Cr |
| Investments | ₹279 Cr |
| Other assets | ₹844 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SANDHAR trades at 19.2x earnings against a peer median of 52.1x (a 63% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Sandhar Technologies LimitedSANDHARthis companyP/E ↓ discount | ₹3,369 Cr | 19.2x | 2.7x | 10.9% | 13.3x |
| Pace Digitek LimitedPACEDIGITK | ₹3,823 Cr | 16.7x | — | 43.9% | 11.5x |
| MOSCHIP TECHNOLOGIES LIMITEDMOSCHIP | ₹3,729 Cr | 95.8x | 10.2x | 2.2% | 163.7x |
| Shilchar Technologies Ltd.SHILCTECH | ₹3,663 Cr | 20.6x | 8.7x | 43.8% | 28.7x |
| Advanced Enzyme Technologies LimitedADVENZYMES | ₹3,248 Cr | 26.5x | 4.8x | 18.6% | 22.1x |
| 63 Moons Technologies Limited63MOONS | ₹3,203 Cr | 83.9x | 1.1x | 9.4% | 10.1x |
| Cyient DLM LimitedCYIENTDLM | ₹3,173 Cr | 42.1x | 3.3x | 6.7% | 22.3x |
| ROSSARI BIOTECH LIMITEDROSSARI | ₹3,016 Cr | 25.0x | 2.7x | 10.4% | 17.7x |
| Protean eGov Technologies LimitedPROTEAN | ₹2,888 Cr | 30.5x | 2.8x | 10.8% | 17.5x |
| Peer median | — | 52.1x | 7.8x | 14.5% | 34.2x |
Year-to-date ROI
SANDHAR since 1 January, against earlier years.
Historical volatility
SANDHAR's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 10.0% |
| FY2022 | 9.0% |
| FY2023 | 9.0% |
| FY2024 | 9.0% |
| FY2025 | 10.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,913 Cr |
| Costs | |
| Interest | ₹20 Cr |
| Expenses | ₹2,636 Cr |
| Operating profitOperating Profit | ₹277 Cr |
| Other income and charges | |
| Profit before tax | ₹186 Cr |
| Tax | |
| Net profitNet Profit | ₹140 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,858 Cr |
| Equity capitalEquity Capital | ₹60 Cr |
| Reserves | ₹1,086 Cr |
| Borrowings | ₹282 Cr |
| Other liabilitiesOther Liabilities | ₹430 Cr |
| AssetsTotal Assets | ₹1,858 Cr |
| Fixed assetsFixed Assets | ₹693 Cr |
| Capital work in progressCWIP | ₹43 Cr |
| Investments | ₹279 Cr |
| Other assetsOther Assets | ₹844 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹158 Cr |
| Investing cash flowCash from Investing Activity | -₹158 Cr |
| Financing cash flowCash from Financing Activity | ₹30 Cr |
| Change in cashNet Cash Flow | ₹30 Cr |
Learn while you research
Academy chapters picked for Sandhar Technologies Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Growth InvestingTech & communications often trade on growth, learn the framework.7 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read