Sharda Motor Industries Ltd
Sharda Motor Industries Ltd is primarily engaged in the manufacturing and assembly of Auto Components and White Goods Components.[1]
- Market Cap ₹ 4,472 Cr.
- Current Price ₹ 1,504
- High / Low ₹ 1,644 / 617
- Stock P/E 16.4
- Book Value ₹ 283
- Dividend Yield 1.15 %
- ROCE 39.7 %
- ROE 30.4 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 19.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
Cons
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
453 | 591 | 700 | 751 | 927 | 1,042 | 1,155 | 1,140 | 863 | 1,737 | 2,255 | 2,700 | 2,794 | |
416 | 528 | 645 | 687 | 841 | 912 | 1,010 | 994 | 767 | 1,607 | 2,039 | 2,418 | 2,451 | |
Operating Profit | 37 | 63 | 55 | 65 | 87 | 130 | 145 | 145 | 96 | 129 | 216 | 282 | 343 |
OPM % | 8% | 11% | 8% | 9% | 9% | 12% | 13% | 13% | 11% | 7% | 10% | 10% | 12% |
3 | 5 | 5 | 5 | 19 | 4 | 16 | 21 | 24 | 21 | 29 | 45 | 76 | |
Interest | 9 | 8 | 8 | 9 | 12 | 8 | 2 | 0 | 1 | 1 | 1 | 2 | 2 |
Depreciation | 18 | 22 | 24 | 31 | 44 | 50 | 44 | 41 | 40 | 44 | 41 | 46 | 53 |
Profit before tax | 12 | 38 | 28 | 29 | 50 | 76 | 116 | 125 | 78 | 105 | 203 | 278 | 365 |
Tax % | 40% | 33% | 22% | 9% | -1% | 27% | 33% | 31% | 26% | 25% | 26% | 25% | |
8 | 27 | 24 | 28 | 33 | 61 | 88 | 95 | 52 | 67 | 149 | 208 | 273 | |
EPS in Rs | 2.69 | 8.93 | 8.17 | 9.60 | 11.89 | 20.51 | 29.62 | 31.87 | 17.64 | 22.44 | 50.19 | 70.07 | 91.94 |
Dividend Payout % | 74% | 22% | 25% | 21% | 11% | 12% | 8% | 0% | 0% | 2% | 16% | 25% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 46% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 63% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 39% |
3 Years: | 59% |
1 Year: | 142% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 23% |
3 Years: | 26% |
Last Year: | 30% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 98 | 118 | 136 | 157 | 241 | 300 | 379 | 469 | 359 | 425 | 567 | 752 | 836 |
92 | 96 | 106 | 126 | 121 | 59 | 0 | 0 | 11 | 12 | 12 | 25 | 24 | |
119 | 122 | 145 | 149 | 179 | 207 | 232 | 246 | 247 | 530 | 480 | 606 | 643 | |
Total Liabilities | 315 | 342 | 392 | 438 | 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,509 |
128 | 151 | 181 | 229 | 243 | 204 | 179 | 194 | 186 | 179 | 156 | 221 | 216 | |
CWIP | 32 | 23 | 21 | 11 | 4 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Investments | 10 | 11 | 13 | 14 | 47 | 100 | 136 | 121 | 40 | 41 | 78 | 30 | 81 |
145 | 157 | 177 | 184 | 253 | 267 | 301 | 406 | 395 | 753 | 832 | 1,138 | 1,212 | |
Total Assets | 315 | 342 | 392 | 438 | 547 | 572 | 616 | 721 | 622 | 973 | 1,066 | 1,389 | 1,509 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 52 | 58 | 55 | 92 | 164 | 116 | 95 | -64 | 148 | 192 | -200 | |
-27 | -34 | -62 | -59 | -61 | -84 | -30 | -42 | 73 | -152 | -62 | 191 | |
-16 | -11 | -2 | 5 | -43 | -77 | -70 | -5 | -1 | -1 | -9 | -27 | |
Net Cash Flow | -16 | 7 | -7 | 1 | -12 | 3 | 16 | 48 | 8 | -6 | 120 | -36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 55 | 48 | 40 | 46 | 40 | 38 | 39 | 42 | 50 | 68 | 45 | 45 |
Inventory Days | 44 | 41 | 46 | 41 | 47 | 37 | 40 | 48 | 67 | 36 | 27 | 34 |
Days Payable | 84 | 77 | 78 | 72 | 71 | 84 | 85 | 90 | 129 | 121 | 84 | 87 |
Cash Conversion Cycle | 15 | 13 | 8 | 15 | 16 | -9 | -6 | 1 | -13 | -17 | -13 | -8 |
Working Capital Days | 23 | 21 | 9 | 14 | 9 | -5 | -1 | 2 | -3 | -11 | -9 | 48 |
ROCE % | 11% | 21% | 14% | 13% | 24% | 30% | 28% | 17% | 25% | 38% | 40% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of The Board Meeting 1d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Compliance Certificate under Regulation 74(5) of DP Regulations
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended 31St March, 2024 15 Apr
- Board Meeting Intimation for Considering The Proposal For Buy Back Of The Equity Shares Of The Company 8 Apr
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Compliances - Compliance Certificate For The Year Ended 31.03.2024
6 Apr - Compliance Certificate pursuant to Regulation 7(3) of Listing Regulations.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2007
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Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptNotesPPT
Product Portfolio
The company's product portfolio includes exhaust systems, catalytic convertors, suspension systems, sheet metal components and plastic parts for the automotive and white goods industries. [1]