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Sharda Motor

  • Market Cap: Small Cap
  • Industry: Auto Ancillary
  • ISIN: INE597I01028
  • NSEID: SHARDAMOTR
  • BSEID: 535602
INR
1,503.75
33.25 (2.26%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 18.42 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

1,492.351,515.70

52 Week

1,250.002,955.90
Valuation
Technical
Day's Volume

CASH

18.42 k (-49.30%) Volume

Shareholding (Dec 2024)

FII

2.16%

Held by 66 FIIs

DII

11.94%

Held by 12 DIIs

Promoter

64.31%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 25.17%

  • Healthy long term growth as Operating profit has grown by an annual rate 34.79%
  • Company has a low Debt to Equity ratio (avg) at 0 times
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

With ROE of 35.4, it has a Attractive valuation with a 4.8 Price to Book Value

5

Majority shareholders : Promoters

 
stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Auto Ancillary

stock-summary
Market cap

INR 4,471 Cr (Small Cap)

stock-summary
P/E

14.00

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.67%

stock-summary
Debt Equity

-0.55

stock-summary
Return on Equity

35.43%

stock-summary
Price to Book

4.84

Revenue and Profits (1 Year):
Net Sales:
690 Cr
(Quarterly Results - Dec 2024)
Net Profit:
75 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.67%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-29.64%
0%
-29.64%
1 Year
-2.84%
0.65%
-2.19%
2 Years
147.84%
3.61%
151.45%
3 Years
97.67%
5.41%
103.08%
4 Years
273.04%
10.34%
283.38%
5 Years
1064.34%
6.47%
1070.81%

Latest dividend: 9.92 per share ex-dividend date: Sep-19-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
23.68%
EBIT Growth (5y)
34.79%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.34
Tax Ratio
25.07%
Dividend Payout Ratio
9.84%
Pledged Shares
0
Institutional Holding
14.09%
ROCE (avg)
82.92%
ROE (avg)
25.17%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
28
Price to Book Value
4.84
EV to EBIT
11.42
EV to EBITDA
9.81
EV to Capital Employed
9.53
EV to Sales
1.39
PEG Ratio
0.82
Dividend Yield
0.67%
ROCE (Latest)
83.70%
ROE (Latest)
35.43%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 11 Schemes (10.61%)

FIIs

Held by 66 FIIs (2.16%)

Promoter with highest holding

Ajay Relan (58.25%)

Highest Public shareholder

Icici Prudential Flexicap Fund (4.02%)

Individual Investors Holdings

17.22%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.99% vs 3.77% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -4.15% vs 2.45% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "689.99",
          "val2": "711.29",
          "chgp": "-2.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "94.50",
          "val2": "105.42",
          "chgp": "-10.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.58",
          "val2": "0.49",
          "chgp": "18.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "75.44",
          "val2": "78.71",
          "chgp": "-4.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.70%",
          "val2": "14.82%",
          "chgp": "-1.12%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -1.41% vs 6.86% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 14.94% vs 35.46% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,396.72",
          "val2": "1,416.75",
          "chgp": "-1.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "201.07",
          "val2": "167.67",
          "chgp": "19.92%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.98",
          "val2": "1.07",
          "chgp": "-8.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "155.54",
          "val2": "135.32",
          "chgp": "14.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.40%",
          "val2": "11.83%",
          "chgp": "2.57%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -0.91% vs 4.68% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 9.32% vs 44.45% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,086.71",
          "val2": "2,105.87",
          "chgp": "-0.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "295.57",
          "val2": "262.01",
          "chgp": "12.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.56",
          "val2": "2.01",
          "chgp": "-22.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "230.98",
          "val2": "211.29",
          "chgp": "9.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.16%",
          "val2": "12.44%",
          "chgp": "1.72%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 4.05% vs 19.71% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 43.81% vs 39.61% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,809.26",
          "val2": "2,699.94",
          "chgp": "4.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "361.44",
          "val2": "281.76",
          "chgp": "28.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.21",
          "val2": "1.91",
          "chgp": "15.71%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "299.59",
          "val2": "208.33",
          "chgp": "43.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.87%",
          "val2": "10.44%",
          "chgp": "2.43%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
689.99
711.29
-2.99%
Operating Profit (PBDIT) excl Other Income
94.50
105.42
-10.36%
Interest
0.58
0.49
18.37%
Exceptional Items
0.00
0.00
Consolidate Net Profit
75.44
78.71
-4.15%
Operating Profit Margin (Excl OI)
13.70%
14.82%
-1.12%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -2.99% vs 3.77% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -4.15% vs 2.45% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,396.72
1,416.75
-1.41%
Operating Profit (PBDIT) excl Other Income
201.07
167.67
19.92%
Interest
0.98
1.07
-8.41%
Exceptional Items
0.00
0.00
Consolidate Net Profit
155.54
135.32
14.94%
Operating Profit Margin (Excl OI)
14.40%
11.83%
2.57%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -1.41% vs 6.86% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 14.94% vs 35.46% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,086.71
2,105.87
-0.91%
Operating Profit (PBDIT) excl Other Income
295.57
262.01
12.81%
Interest
1.56
2.01
-22.39%
Exceptional Items
0.00
0.00
Consolidate Net Profit
230.98
211.29
9.32%
Operating Profit Margin (Excl OI)
14.16%
12.44%
1.72%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -0.91% vs 4.68% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 9.32% vs 44.45% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,809.26
2,699.94
4.05%
Operating Profit (PBDIT) excl Other Income
361.44
281.76
28.28%
Interest
2.21
1.91
15.71%
Exceptional Items
0.00
0.00
Consolidate Net Profit
299.59
208.33
43.81%
Operating Profit Margin (Excl OI)
12.87%
10.44%
2.43%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 4.05% vs 19.71% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 43.81% vs 39.61% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Sharda Motor Industries Ltd stock-summary
stock-summary
Sharda Motor Industries Ltd
Small Cap
Auto Ancillary
Sharda Motor Industries Limited was incorporated on January 29, 1986 under the Companies Act, 1956 with the Registrar of Companies NCT Delhi & Haryana and received the Certificate of Commencement of Business on January 31, 1986. The Company's production range includes Exhaust Systems, Catalytic Converters, Suspension Systems, Sheet Metal Components and Plastic parts for Automotive.
Company Coordinates stock-summary
Company Details
D-188 Okhla Industrial Area, Phase-1 New Delhi New Delhi : 110020
stock-summary
Tel: 91-11-47334100
stock-summary
http://www.shardamotor.com
stock-summary
smil@shardamotor.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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