Sandhar Technologies Ltd - Stock Valuation and Financial Performance

BSE: 541163 | NSE: SANDHAR | Auto Ancillary | Small Cap

Sandhar Tech Share Price

520.10 12.75 2.51%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Sandhar Tech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Sandhar Technologies stock performance -

mw4me loader
P/E Ratio (CD):
32.03
Market Cap:
3,146.2 Cr.
52-wk low:
186.1
52-wk high:
599

Is Sandhar Technologies Ltd an attractive stock to invest in?

1. Is Sandhar Technologies Ltd a good quality company?

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

2. Is Sandhar Technologies Ltd undervalued or overvalued?

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

3. Is Sandhar Technologies Ltd a good buy now?

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

10 Year X-Ray of Sandhar Tech:

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 not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 12.2%11.4%10.5%9.5%10.4%10.6%7.3%6.9%5.6%6.8%-
Value Creation
Index
-0.1-0.2-0.3-0.3-0.3-0.2-0.5-0.5-0.6-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,2651,4821,5131,6111,9462,3361,9431,8642,3242,9093,368
Sales YoY Gr.-17.2%2.1%6.5%20.8%20%-16.8%-4.1%24.7%25.2%-
Adj EPS 7.27.57.57.411.215.99.59.59.211.916.3
YoY Gr.-3.6%0.7%-1.2%50.4%42.5%-40.5%0.1%-2.7%29.2%-
BVPS (₹) 44.250.753.559.1105.4119.6126.7133.6142.7152.9162.8
Adj Net
Profit
33.938.338.538.167.49657.157.255.671.998
Cash Flow from Ops. 74.999.614495.518813323912448.6308-
Debt/CF from Ops. 4.43.72.84.82.62.10.81.810.71.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.7%8.4%14.4%25.2%
Adj EPS 5.8%1.3%8%29.2%
BVPS14.8%7.7%6.5%7.2%
Share Price - 14.8% 35.7% 158.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
17.516.414.513.214.414.27.77.36.78.110.3
Op. Profit
Mgn %
9.39.49.69.110.910.810.110.18.98.69.2
Net Profit
Mgn %
2.72.62.62.43.84.43.43.732.62.9
Debt to
Equity
1.61.41.41.50.80.40.30.30.60.6-
Working Cap
Days
79838483909310210911910344
Cash Conv.
Cycle
11161516172028354335-1

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.30%

Sales growth is growing at healthy rate in last 3 years 14.39%

Sales growth is good in last 4 quarters at 19.09%

Net Profit has been subdued in last 3 years 7.96%

Latest Financials - Sandhar Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 18.2 16.3
TTM Sales (₹ Cr.) 2,618 3,368
BVPS (₹.) 166 162.8
Reserves (₹ Cr.) 939 920
P/BV 3.15 3.21
PE 28.72 32.03
From the Market
52 Week Low / High (₹) 186.10 / 598.95
All Time Low / High (₹) 121.10 / 598.95
Market Cap (₹ Cr.) 3,146
Equity (₹ Cr.) 60.2
Face Value (₹) 10
Industry PE 46.3

Management X-Ray of Sandhar Tech:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Sandhar Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,2651,4821,5131,6111,9462,3361,9431,8642,3242,909
Operating Expenses 1,1491,3431,3721,4651,7382,0841,7481,6762,1182,660
Manufacturing Costs162188195219255297267237310354
Material Costs7739089019451,1361,3831,1141,0921,4161,827
Employee Cost 160184202230265312291278318385
Other Costs 53637471829377687494
Operating Profit 116139141147208251195188206249
Operating Profit Margin (%) 9.2%9.4%9.3%9.1%10.7%10.8%10.1%10.1%8.9%8.6%
Other Income 4658561111712
Interest 39414243432420161836
Depreciation 3952555868819894100122
Exceptional Items 00-400-100-1-1
Profit Before Tax 42514553102152888994103
Tax 9131110315021202627
Profit After Tax 333834427110366696976
PAT Margin (%) 2.6%2.6%2.2%2.6%3.6%4.4%3.4%3.7%3.0%2.6%
Adjusted EPS (₹)7.17.56.58.110.815.89.59.69.312.1
Dividend Payout Ratio (%)28%25%54%19%19%16%21%23%24%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 207259274302634720762804859920
Share Capital 9105151606060606060
Reserves 198249222251574659702744799860
Minority Interest1222344444
Debt275309319391221268195213495460
Long Term Debt126167195209138999247305
Short Term Debt148142125182208259186114248155
Trade Payables184225225232348355240392389412
Others Liabilities 123121145139378116165183229352
Total Liabilities 7909169651,0671,5841,4621,3661,5961,9752,149

Fixed Assets

Gross Block6147168226518019421,1221,2181,3951,744
Accumulated Depreciation19524029456124199291376453572
Net Fixed Assets4194765285956787438318429421,172
CWIP 2640552972373315128115
Investments 33411243948585349
Inventories130157160162206219196211260300
Trade Receivables151188167205267337192393445355
Cash Equivalents 3767256571177
Others Assets5844445881805966140150
Total Assets 7909169651,0671,5841,4621,3661,5961,9752,149

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 751001449618813323912449308
PBT 4251455297145787881100
Adjustment 819210098110111128118129156
Changes in Working Capital -41-3215-45-2-7159-52-14279
Tax Paid -7-12-16-9-18-52-25-20-20-27
Cash Flow From Investing Activity -82-113-106-107-187-142-101-97-311-248
Capex -90-111-107-106-175-121-86-75-296-250
Net Investments 8-30-1-13-22-17-26-161
Others 1001112311
Cash Flow From Financing Activity -220-4114247-243-124-26260-37
Net Proceeds from Shares 1320030000000
Net Proceeds from Borrowing -1346407-3-260092166119
Interest Paid -39-41-42-43-43-25-21-16-17-35
Dividend Paid -9-9-18-9-19-8-18-12-6-14
Others 58-7-21591150-85-90117-107
Net Cash Flow -97-43248-252140-323
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)17.216.4712.6714.7415.1515.178.978.818.258.58
ROCE (%)16.1815.813.4913.3515.4816.6911.0310.599.39.76
Asset Turnover Ratio1.881.881.751.721.51.531.371.261.31.41
PAT to CFO Conversion(x)2.272.634.242.292.651.293.621.80.714.05
Working Capital Days
Receivable Days33393939434750576650
Inventory Days33333534343339403735
Payable Days82829188939398999376

Sandhar Technologies Ltd Stock News

Sandhar Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sandhar Tech on 28-Mar-2024 16:01 is ₹520.1.
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 28-Mar-2024 16:01 the market cap of Sandhar Tech stood at ₹3,146.2.
The latest P/E ratio of Sandhar Tech as of 28-Mar-2024 16:01 is 28.72.
The latest P/B ratio of Sandhar Tech as of 28-Mar-2024 16:01 is 3.15.
The 52-week high of Sandhar Tech is ₹599.0 and the 52-week low is ₹186.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sandhar Tech is ₹2,618 ( Cr.) .

About Sandhar Technologies Ltd

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