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Sandhar Technologies Ltd (SANDHAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 541163 NSE: SANDHAR Auto Ancillary | Small Cap | Sandhar Technologies Share Price

₹651.55 -8.80 (-1.33%)

As on 27-Aug'26 09:39

Sandhar Technologies Ltd (SANDHAR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 541163 NSE: SANDHAR Auto Ancillary | Small Cap | Sandhar Technologies Share Price

₹651.55 -8.80 (-1.33%)

As on 27-Aug'26 09:39

Key Metrics
Valuation Multiples
Market Cap
₹3,975 Cr.
Current Price
₹651.6
52-Week Low / High
₹421 / 764
TTM EPS
₹34.5
TTM Sales
₹5,144 Cr.
Book Value per Share
₹227.5
P/E Ratio
19.12
Lower than its 5-year historical median
Industry PE
49.7
Price to Book (P/B)
2.90
Higher than its 5-year historical median
Price to Sales (P/S)
0.77
In line with its 5-year historical median
EV/EBITDA
9.22
In line with its 5-year historical median
Dividend Yield
0.54%
Profitability Efficiency
Return on Equity (ROE)
16.07%
Outperforms industry median
Return on Capital Employed (ROCE)
15.30%
Outperforms industry median
Return on Assets (ROA)
6.37%
Operating Profit Margin
9.9%
Net Profit Margin
4.09%
Gross Profit Margin
9.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
10.32%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
14.19%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
40.26%
Asset Quality
Promoter Holding
70.38%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,309 Cr.
Equity
₹60.2 Cr.
Face Value
₹10
All Time Low / High
₹121.10 / 764.10

Sandhar Technologies stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Sandhar Technologies Ltd a good quality company?
Sandhar Technologies Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sandhar Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sandhar Technologies Ltd vs industry peers?
Sandhar Technologies Ltd revenue CAGR is 14.86%, compared to the industry median CAGR of 13.36%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sandhar Technologies Ltd?
Promoters hold 70.38% of the Sandhar Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sandhar Technologies Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 21.16% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sandhar Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 13.5%13.2%14.9%16%10.1%9.5%8.3%9.6%13%13.4%-
Value Creation
Index
0.0-0.10.10.2-0.3-0.3-0.4-0.3-0.10.0-

Growth Parameters

Sales 1,5131,6111,9462,3361,9431,8642,3242,9093,5213,8855,144
Sales YoY Gr.-6.5%20.8%20%-16.8%-4.1%24.7%25.2%21.1%10.3%-
Adj EPS 7.57.511.3169.59.59.211.918.323.434.5
YoY Gr.--0.5%50.3%42.4%-40.9%0.3%-2.7%29.2%53.1%28.2%-
BVPS (₹) 53.559.1105.4119.6126.7133.6142.7152.9168.9189.3227.5
Adj Net
Profit
38.538.367.896.55757.255.671.9110141208
Cash Flow from Ops. 14495.518813323912448.6308275247-
Debt/CF from Ops. 2.84.82.62.10.81.810.71.82.33.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 11%14.9%18.7%10.3%
Adj EPS 13.5%19.9%36.4%28.2%
BVPS15.1%8.4%9.9%12.1%
Share Price - 20.2% 17.4% 51.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
14.513.314.514.37.77.36.78.111.413.116.6
Op. Profit
Mgn %
9.69.110.910.810.110.18.98.69.79.99
Net Profit
Mgn %
2.62.43.54.22.93.12.42.53.13.64
Debt to
Equity
1.41.50.80.40.30.30.60.60.60.7-
Working Cap
Days
84839093102109119103899953
Cash Conv.
Cycle
15161720283543352733-2

Valuation of Sandhar Technologies - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,6111,9462,3361,9431,8642,3242,9093,5213,8854,852
Operating Expenses + 1,4651,7382,0841,7481,6762,1182,6603,1803,5014,414
Manufacturing Costs219255297267237310354431441563
Material Costs9451,1361,3831,1141,0921,4161,8272,1492,3843,059
Employee Cost 230265312291278318385482529614
Other Costs 71829377687494119146178
Operating Profit 147208251195188206249341383438
Operating Profit Margin (%) 9.1%10.7%10.8%10.1%10.1%8.9%8.6%9.7%9.9%9.0%
Other Income + 8561111712111775
Exceptional Items -00-100-1-102-3
Interest 43432420161836525769
Depreciation 5868819894100122154171193
Profit Before Tax 5297145787881100150185256
Tax 10315021202627404357
Profit After Tax 42669657585674110142199
PAT Margin (%) 2.6%3.4%4.1%2.9%3.1%2.4%2.5%3.1%3.7%4.1%
Adjusted EPS (₹)8.110.815.89.59.69.312.118.223.533.0
Dividend Payout Ratio (%)18.60%18.50%15.80%21.20%23.40%24.30%20.60%17.80%14.90%12.10%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 3026347207628048599201,0171,1391,333
Share Capital 51606060606060606060
Reserves 2515746597027447998609561,0791,273
Debt +391221268195213495460518702829
Long Term Debt209138999247305286272265
Short Term Debt182208259186114248155232430563
Minority Interest2344444000
Trade Payables232348355240392389412490531782
Others Liabilities 139378116165183229352391406515
Total Liabilities 1,0671,5841,4621,3661,5961,9752,1492,4162,7783,459

Fixed Assets

Net Fixed Assets +5956787438318429421,1721,3361,3431,652
Gross Block6518019421,1221,2181,3951,7442,0342,1962,689
Accumulated Depreciation561241992913764535726988531,037
CWIP 29723733151281157669115
Investments 11243948585349576167
Inventories162206219196211260300337409560
Trade Receivables205267337192393445355458557823
Cash Equivalents 7256571177368151
Others Assets 5881805966140150117258191
Total Assets 1,0671,5841,4621,3661,5961,9752,1492,4162,7783,459
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 9618813323912449308275247210
PBT 5297145787881100150185256
Adjustment 98110111128118129156196209205
Changes in Working Capital -45-2-7159-52-14279-35-96-199
Tax Paid -9-18-52-25-20-20-27-37-51-52
Cash Flow From Investing Activity + -107-187-142-101-97-311-248-239-290-221
Capex -106-175-121-86-75-296-250-233-306-220
Net Investments -1-13-22-17-26-161-311-3
Others 1112311-343
Cash Flow From Financing Activity + 14247-243-124-26260-37-710128
Net Proceeds from Shares 030000000000
Net Proceeds from Borrowing 7-3-260-0921661190-1-7
Interest Paid -43-43-25-21-16-17-35-51-56-68
Dividend Paid -9-19-8-18-12-6-14-15-20-21
Others 591150-85-90117-10759177124
Net Cash Flow 3248-252140-323295817
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)14.4614.0214.167.697.386.728.2711.3813.1416.07
ROCE (%)13.2314.9116.0410.069.468.259.5612.9813.3915.3
Asset Turnover Ratio1.721.51.531.371.261.31.411.541.51.56
PAT to CFO Conversion(x)2.292.851.394.192.140.884.162.51.741.06
Working Capital Days
Receivable Days38.9043.5047.2049.7057.3065.8050.2042.1047.7051.90
Inventory Days33.6033.8033.203939.903735.103335.1036.50
Payable Days88.4093.2092.8097.5099.309376.2073.2074.7076.80

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Sandhar Technologies Ltd FAQs

The current trading price of Sandhar Technologies on 27-Aug-2026 09:39 is ₹651.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Aug-2026 the market cap of Sandhar Technologies stood at ₹3,974.7 Cr

The latest P/E ratio of Sandhar Technologies as of 26-Aug-2026 is 21.56.

The latest P/B ratio of Sandhar Technologies as of 26-Aug-2026 is 2.96.

The 52-week high of Sandhar Technologies is ₹764.1 and the 52-week low is ₹421.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sandhar Technologies is ₹2,982 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sandhar Technologies Ltd is a average quality company.

The key valuation ratios of Sandhar Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Sandhar Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Sandhar Technologies Ltd

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