Sandhar Technologies Limited
Sandhar Technologies Ltd and its joint ventures are primarily engaged in the manufacturing and assembling of automotive components for the automotive industry in India.[1]
- Market Cap ₹ 3,074 Cr.
- Current Price ₹ 511
- High / Low ₹ 698 / 432
- Stock P/E 24.4
- Book Value ₹ 178
- Dividend Yield 0.64 %
- ROCE 14.9 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 19.1%
Cons
- Stock is trading at 2.88 times its book value
- Company has a low return on equity of 9.63% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Auto Ancillaries Industry: Auto Ancillaries
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,041 | 1,257 | 1,291 | 1,369 | 1,684 | 2,037 | 1,640 | 1,585 | 1,941 | 2,397 | 2,716 | 2,803 | |
939 | 1,132 | 1,162 | 1,243 | 1,497 | 1,816 | 1,481 | 1,432 | 1,775 | 2,193 | 2,464 | 2,536 | |
Operating Profit | 102 | 125 | 129 | 126 | 187 | 221 | 159 | 154 | 166 | 205 | 252 | 266 |
OPM % | 10% | 10% | 10% | 9% | 11% | 11% | 10% | 10% | 9% | 9% | 9% | 9% |
2 | 1 | -2 | 5 | 4 | 5 | 10 | 9 | 4 | 9 | 6 | 15 | |
Interest | 34 | 35 | 37 | 36 | 38 | 17 | 13 | 9 | 9 | 16 | 14 | 17 |
Depreciation | 30 | 43 | 47 | 48 | 55 | 67 | 76 | 69 | 74 | 84 | 90 | 93 |
Profit before tax | 41 | 48 | 43 | 47 | 98 | 142 | 81 | 85 | 86 | 114 | 154 | 170 |
Tax % | 17% | 27% | 26% | 19% | 31% | 33% | 25% | 24% | 29% | 26% | 27% | |
34 | 35 | 32 | 38 | 68 | 95 | 61 | 65 | 61 | 84 | 112 | 122 | |
EPS in Rs | 7.20 | 6.81 | 6.31 | 7.52 | 11.25 | 15.84 | 10.12 | 10.84 | 10.21 | 13.92 | 18.65 | 20.34 |
Dividend Payout % | 28% | 27% | 32% | 27% | 18% | 16% | 20% | 21% | 22% | 18% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 6% |
3 Years: | 20% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 4% |
3 Years: | 21% |
TTM: | 23% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 24% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 10% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 10 | 51 | 51 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 |
Reserves | 188 | 240 | 210 | 239 | 563 | 648 | 697 | 747 | 800 | 869 | 967 | 1,008 |
246 | 284 | 282 | 329 | 329 | 114 | 54 | 62 | 263 | 146 | 210 | 207 | |
177 | 216 | 221 | 227 | 369 | 357 | 231 | 378 | 338 | 305 | 406 | 445 | |
Total Liabilities | 621 | 750 | 764 | 846 | 1,322 | 1,180 | 1,042 | 1,247 | 1,462 | 1,379 | 1,644 | 1,721 |
349 | 404 | 427 | 476 | 533 | 590 | 601 | 602 | 654 | 652 | 674 | 687 | |
CWIP | 23 | 22 | 40 | 22 | 64 | 28 | 22 | 7 | 36 | 14 | 55 | 61 |
Investments | 32 | 32 | 40 | 35 | 49 | 67 | 91 | 114 | 164 | 196 | 231 | 240 |
217 | 293 | 257 | 313 | 676 | 495 | 328 | 523 | 608 | 518 | 683 | 733 | |
Total Assets | 621 | 750 | 764 | 846 | 1,322 | 1,180 | 1,042 | 1,247 | 1,462 | 1,379 | 1,644 | 1,721 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
97 | 144 | 74 | 176 | 106 | 193 | 97 | 18 | 247 | 139 | ||
-100 | -84 | -73 | -154 | -114 | -77 | -75 | -191 | -87 | -159 | ||
24 | -60 | 1 | 228 | -245 | -113 | -24 | 173 | -160 | 20 | ||
Net Cash Flow | 21 | -1 | 2 | 251 | -253 | 2 | -2 | -1 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 47 | 38 | 46 | 51 | 54 | 36 | 80 | 76 | 45 | 54 |
Inventory Days | 30 | 40 | 39 | 40 | 42 | 38 | 43 | 48 | 44 | 37 | 36 |
Days Payable | 73 | 78 | 79 | 77 | 99 | 82 | 66 | 119 | 78 | 57 | 66 |
Cash Conversion Cycle | -2 | 9 | -1 | 9 | -6 | 9 | 12 | 10 | 42 | 25 | 23 |
Working Capital Days | 8 | -1 | -14 | 4 | -47 | 23 | 20 | 31 | 49 | 31 | 30 |
ROCE % | 18% | 17% | 14% | 17% | 18% | 11% | 11% | 10% | 12% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
18 Nov - Transcript of Q2 FY 2024-2025 Investor Call.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
12 Nov - Audio Recording of the Investor Conference Call held for Q2 FY25
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Copy of Published Un-Audited Result for the Quarter and Half Year ended 30th September, 2024
-
Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Investor Presentation in connection with Un-Audited (Standalone & Consolidated) Financial Results for the Quarter and Half Year ended 30th September, 2024
- Financial Result For The Quarter And Half Year Ended 30Th September, 2024 11 Nov
Annual reports
Concalls
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT REC
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021TranscriptNotesPPT
-
Mar 2021TranscriptPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Aug 2020TranscriptNotesPPT
-
Jun 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019TranscriptNotesPPT
-
Nov 2019Transcript PPT
-
Aug 2019TranscriptNotesPPT
-
May 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Feb 2019Transcript PPT
-
Aug 2018Transcript PPT
Product Portfolio
The company is engaged in manufacturing of diverse range of products with a primary focus on safety and security systems for automobiles across segments. Its product portfolio includes Automotive locking and security systems, Automotive Vision Systems, Stampings, Operators Cabins & Structural Parts, Zinc Die Casting, Aluminium Die Casting, Magnesium Die Casting, Automotive Optoelectronics, Polymers, Painting, Plating and Coating, Commercial Tooling, Helmets, Assemblies, Fuel Pumps, Filters and Wiper Blades. [1]