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 ₹ 34,363 Cr.
- Current Price ₹ 553
- High / Low ₹ 769 / 546
- Stock P/E 59.8
- Book Value ₹ 84.2
- Dividend Yield 0.55 %
- ROCE 24.0 %
- ROE 20.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 24.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 33.7%
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 Nifty 500 Multicap 50:25:25 Nifty Midcap 150 Nifty India Manufacturing BSE 400 MidSmallCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
612 | 699 | 1,038 | 1,566 | 2,131 | 2,676 | 3,185 | 3,479 | |
450 | 499 | 795 | 1,125 | 1,571 | 1,980 | 2,282 | 2,498 | |
Operating Profit | 162 | 200 | 243 | 441 | 560 | 696 | 902 | 981 |
OPM % | 26% | 29% | 23% | 28% | 26% | 26% | 28% | 28% |
3 | 76 | 237 | -12 | 32 | 8 | 15 | 30 | |
Interest | 19 | 18 | 26 | 33 | 18 | 17 | 26 | 34 |
Depreciation | 23 | 31 | 67 | 97 | 142 | 178 | 220 | 239 |
Profit before tax | 122 | 228 | 387 | 300 | 432 | 509 | 671 | 738 |
Tax % | 37% | 24% | 7% | 28% | 16% | 22% | 23% | |
78 | 173 | 360 | 215 | 362 | 395 | 518 | 567 | |
EPS in Rs | 27.93 | 62.40 | 76.42 | 3.76 | 6.19 | 6.75 | 8.82 | 9.54 |
Dividend Payout % | -0% | -0% | 55% | 504% | 25% | 42% | 35% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 27% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 32% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -7% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 28 | 28 | 47 | 573 | 584 | 585 | 586 | 621 |
Reserves | -28 | 146 | 1,131 | 803 | 1,416 | 1,705 | 2,064 | 4,609 |
614 | 163 | 366 | 447 | 151 | 295 | 412 | 202 | |
869 | 1,295 | 307 | 375 | 444 | 474 | 802 | 858 | |
Total Liabilities | 1,484 | 1,633 | 1,851 | 2,198 | 2,596 | 3,060 | 3,865 | 6,290 |
793 | 291 | 1,065 | 1,217 | 1,384 | 1,588 | 1,951 | 2,243 | |
CWIP | 18 | 13 | 90 | 83 | 147 | 91 | 364 | 185 |
Investments | 1 | -0 | 2 | -0 | 7 | 233 | 42 | 754 |
672 | 1,328 | 694 | 898 | 1,058 | 1,149 | 1,509 | 3,107 | |
Total Assets | 1,484 | 1,633 | 1,851 | 2,198 | 2,596 | 3,060 | 3,865 | 6,290 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
149 | 155 | 253 | 143 | 445 | 533 | 693 | |
-138 | 204 | -954 | -156 | -352 | -562 | -471 | |
-13 | -346 | 767 | -67 | -64 | 19 | -175 | |
Net Cash Flow | -2 | 13 | 66 | -80 | 29 | -10 | 47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
Debtor Days | 168 | 79 | 82 | 97 | 76 | 83 | 74 |
Inventory Days | 619 | 121 | 161 | 173 | 140 | 97 | 92 |
Days Payable | 719 | 123 | 95 | 127 | 85 | 74 | 79 |
Cash Conversion Cycle | 68 | 77 | 148 | 143 | 132 | 105 | 87 |
Working Capital Days | 49 | -13 | 80 | 122 | 93 | 86 | 75 |
ROCE % | 51% | 19% | 21% | 22% | 22% | 24% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - Compliance Certificate under reg 74(5) of SEBI DP Regulations 2018
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Intimation For Providing Corporate Guarantee On Behalf Subsidiary Company In Mexico.
10 Jan - Corporate guarantee of USD 5 million for subsidiary in Mexico.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
10 Jan - Sona Comstar signs MOU with TIHAN-IITH for autonomous technologies.
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Board Meeting Intimation for Intimation Of Board Meeting
9 Jan - Board meeting to approve financial results and interim dividend.
Annual reports
Concalls
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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]