Sona BLW Precision Forgings Ltd
Sona BLW Precision Forgings is an India-based automotive technology company. The company is engaged in designing, manufacturing and supplying engineered automotive systems and components such as differential assemblies, gears, conventional and micro-hybrid motors, BSG systems and EV Traction motors across all vehicle categories.
The company develops mechanical and electrical hardware systems, components as well as base and application software solutions.
- Market Cap ₹ 31,549 Cr.
- Current Price ₹ 507
- High / Low ₹ 769 / 475
- Stock P/E 55.3
- Book Value ₹ 83.0
- Dividend Yield 0.60 %
- ROCE 23.8 %
- ROE 20.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 36.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 35.0%
Cons
- Promoter holding has decreased over last 3 years: -39.2%
* 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
Part of BSE 250 LargeMidCap Index BSE Consumer Discretionary Nifty LargeMidcap 250 BSE 400 MidSmallCap Index BSE Capital Goods
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
331 | 346 | 365 | 503 | 609 | 699 | 539 | 1,400 | 1,918 | 2,448 | 2,892 | 3,250 | |
239 | 263 | 294 | 398 | 445 | 501 | 388 | 1,014 | 1,439 | 1,831 | 2,067 | 2,337 | |
Operating Profit | 92 | 82 | 72 | 105 | 164 | 198 | 151 | 387 | 479 | 617 | 825 | 912 |
OPM % | 28% | 24% | 20% | 21% | 27% | 28% | 28% | 28% | 25% | 25% | 29% | 28% |
1 | 2 | -38 | 2 | 7 | 3 | 0 | 23 | 84 | 61 | 33 | 83 | |
Interest | 29 | 22 | 18 | 19 | 18 | 16 | 23 | 32 | 17 | 16 | 25 | 31 |
Depreciation | 12 | 19 | 17 | 17 | 22 | 29 | 34 | 86 | 130 | 167 | 203 | 226 |
Profit before tax | 52 | 44 | -2 | 71 | 131 | 156 | 94 | 291 | 417 | 495 | 629 | 739 |
Tax % | 40% | 34% | 868% | 36% | 34% | 35% | 10% | 26% | 15% | 22% | 23% | |
31 | 29 | -16 | 45 | 86 | 101 | 84 | 216 | 354 | 388 | 484 | 558 | |
EPS in Rs | 11.22 | 10.42 | -5.76 | 16.19 | 31.02 | 36.28 | 17.83 | 3.77 | 6.05 | 6.63 | 8.26 | 9.26 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 238% | 502% | 25% | 42% | 37% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | 33% |
3 Years: | 27% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 37% |
3 Years: | 29% |
TTM: | 13% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -7% |
1 Year: | -22% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 19% |
3 Years: | 20% |
Last Year: | 20% |
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 | 28 | 28 | 28 | 28 | 28 | 28 | 47 | 573 | 584 | 585 | 586 | 621 |
Reserves | 156 | 183 | 167 | 212 | 298 | 399 | 1,084 | 788 | 1,389 | 1,664 | 1,988 | 4,534 |
159 | 156 | 149 | 158 | 161 | 145 | 330 | 443 | 147 | 291 | 388 | 155 | |
81 | 61 | 73 | 91 | 127 | 167 | 105 | 318 | 386 | 435 | 623 | 624 | |
Total Liabilities | 423 | 428 | 416 | 489 | 614 | 738 | 1,566 | 2,122 | 2,506 | 2,976 | 3,585 | 5,934 |
125 | 125 | 124 | 105 | 165 | 275 | 364 | 1,085 | 1,261 | 1,473 | 1,597 | 1,646 | |
CWIP | 9 | 8 | 4 | 6 | 12 | 13 | 50 | 83 | 147 | 91 | 140 | 177 |
Investments | 199 | 200 | 159 | 162 | 174 | 173 | 860 | 155 | 163 | 370 | 541 | 1,209 |
91 | 96 | 128 | 216 | 264 | 278 | 292 | 798 | 935 | 1,042 | 1,307 | 2,903 | |
Total Assets | 423 | 428 | 416 | 489 | 614 | 738 | 1,566 | 2,122 | 2,506 | 2,976 | 3,585 | 5,934 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
38 | 23 | 112 | 143 | 161 | 121 | 395 | 500 | 639 | |||
-12 | -12 | -98 | -113 | -886 | -117 | -318 | -512 | -453 | |||
-25 | -10 | -15 | -31 | 760 | -79 | -62 | 20 | -191 | |||
Net Cash Flow | 1 | 1 | -0 | -2 | 34 | -75 | 15 | 8 | -4 |
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 | 49 | 58 | 66 | 87 | 85 | 79 | 90 | 104 | 83 | 87 | 73 |
Inventory Days | 100 | 77 | 94 | 107 | 149 | 121 | 147 | 169 | 131 | 90 | 92 |
Days Payable | 132 | 93 | 122 | 142 | 193 | 123 | 131 | 128 | 81 | 77 | 80 |
Cash Conversion Cycle | 16 | 42 | 38 | 52 | 41 | 77 | 106 | 145 | 133 | 100 | 86 |
Working Capital Days | -11 | 13 | -4 | 59 | 79 | 26 | 44 | 124 | 95 | 84 | 66 |
ROCE % | 18% | 16% | 24% | 34% | 32% | 12% | 21% | 21% | 22% | 24% |
Documents
Announcements
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Board Meeting Outcome for Outcome Of The Board Meeting
10 Feb - Board approved amendment of BTA and land purchase.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Feb
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
29 Jan - Sona Comstar signs MOU for eVTOL and Drone powertrains.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Jan - Newspaper Notice on dispatch of Postal Ballot Notice and E-voting details.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
29 Jan - Transcript of Q3 FY25 earnings call and financial results.
Annual reports
Concalls
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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May 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
Product Offerings
The company is one of the world’s leading mobility technology companies, specializing in the design, manufacturing, and supply of highly engineered, mission-critical, high-quality, complex, and bespoke systems and components for global mobility OEMs for both electrified and non-electrified powertrain segments. [1] Its product portfolio includes precision forged bevel gears, differential assemblies, starter motors, traction motors, intermediate gears, etc. [2] It has a ** 8.1% and 4.2% global market share in the differential gears and starter motors business**, respectively, as of CY23. [3]