About
Sharda Motor Industries Limited manufactures, assembles, trades in, and sells auto components to automobiles and electronics original equipment manufacturers in India. The company provides exhaust systems for passenger vehicles, commercial vehicles, tractors, and generators; suspensions systems, such as arm lower control comp, upper arm assy, rear and front suspension, front axle assy, and assy lower link complete RH products; and roof systems. It also offers seat frames, seat covers, soft top canopies, and pressed part- white goods products, as well as catalytic convertors, independent suspension products, and sheet metal components. In addition, the company provides supply chain management and procurement services. It also exports its products. The company was incorporated in 1986 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap5,064 Cr
P/E15.10
Div Yield2.27 %
Book Value₹229.00
52w High₹1,190.00
52w Low₹700.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,011.00 | 972.00 | 882.00 | 787.00 | 756.00 | 750.00 | 690.00 | 711.00 | 685.00 | 703.00 | 689.00 | 763.00 | 654.00 |
| Expenses | 908.00 | 859.00 | 775.00 | 686.00 | 658.00 | 649.00 | 595.00 | 606.00 | 590.00 | 604.00 | 595.00 | 663.00 | 586.00 |
| Operating Profit | 103.00 | 113.00 | 106.00 | 101.00 | 98.00 | 101.00 | 95.00 | 105.00 | 96.00 | 99.00 | 94.00 | 99.00 | 68.00 |
| OPM % | 10.00 | 12.00 | 12.00 | 13.00 | 13.00 | 13.00 | 14.00 | 15.00 | 14.00 | 14.00 | 14.00 | 13.00 | 10.00 |
| Other Income | 27.00 | 23.00 | 18.00 | 18.00 | 45.00 | 27.00 | 21.00 | 15.00 | 20.00 | 29.00 | 22.00 | 19.00 | 18.00 |
| Depreciation | 15.00 | 17.00 | 17.00 | 16.00 | 14.00 | 17.00 | 15.00 | 14.00 | 13.00 | 14.00 | 14.00 | 13.00 | 12.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 114.00 | 117.00 | 106.00 | 103.00 | 129.00 | 109.00 | 100.00 | 106.00 | 102.00 | 114.00 | 102.00 | 105.00 | 74.00 |
| Tax % | 25.00 | 26.00 | 24.00 | 27.00 | 23.00 | 24.00 | 25.00 | 26.00 | 25.00 | 25.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 86.00 | 87.00 | 80.00 | 75.00 | 99.00 | 83.00 | 75.00 | 79.00 | 76.00 | 86.00 | 75.00 | 79.00 | 55.00 |
| EPS in Rs | 14.94 | 15.14 | 13.96 | 13.13 | 17.26 | 14.38 | 13.02 | 13.75 | 13.30 | 14.41 | 12.62 | 13.28 | 9.26 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,397.00 | 2,837.00 | 2,809.00 | 2,700.00 | 2,255.00 | 1,737.00 | 863.00 | 1,140.00 | 1,155.00 | 1,042.00 | 927.00 | 875.00 |
| Expenses | 2,978.00 | 2,440.00 | 2,448.00 | 2,418.00 | 2,027.00 | 1,607.00 | 767.00 | 995.00 | 1,010.00 | 912.00 | 827.00 | 783.00 |
| Operating Profit | 419.00 | 396.00 | 361.00 | 282.00 | 228.00 | 129.00 | 96.00 | 145.00 | 145.00 | 130.00 | 100.00 | 92.00 |
| OPM % | 12.00 | 14.00 | 13.00 | 10.00 | 10.00 | 7.00 | 11.00 | 13.00 | 13.00 | 12.00 | 11.00 | 10.00 |
| Other Income | 104.00 | 83.00 | 88.00 | 42.00 | 29.00 | 21.00 | 24.00 | 22.00 | 17.00 | 5.00 | 10.00 | 10.00 |
| Interest | 4.00 | 4.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | 2.00 | 8.00 | 12.00 | 15.00 |
| Depreciation | 63.00 | 58.00 | 53.00 | 46.00 | 41.00 | 44.00 | 40.00 | 41.00 | 44.00 | 50.00 | 48.00 | 52.00 |
| Profit before tax | 455.00 | 418.00 | 395.00 | 275.00 | 215.00 | 105.00 | 78.00 | 126.00 | 117.00 | 77.00 | 50.00 | 34.00 |
| Tax % | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 30.00 | 33.00 | 26.00 | 32.00 | -5.00 |
| Net Profit | 342.00 | 312.00 | 295.00 | 205.00 | 161.00 | 79.00 | 58.00 | 88.00 | 79.00 | 57.00 | 34.00 | 36.00 |
| EPS in Rs | 59.50 | 54.44 | 49.56 | 34.53 | 27.14 | 13.21 | 9.71 | 14.77 | 13.21 | 9.54 | 5.75 | 6.07 |
| Dividend Payout % | 34.00 | 30.00 | 10.00 | 25.00 | 15.00 | 2.00 | 0.00 | 0.00 | 9.00 | 13.00 | 22.00 | 16.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Reserves | 1,314.00 | 1,073.00 | 1,019.00 | 776.00 | 594.00 | 440.00 | 361.00 | 432.00 | 349.00 | 279.00 | 225.00 | 199.00 |
| Borrowings | 49.00 | 52.00 | 24.00 | 25.00 | 12.00 | 12.00 | 11.00 | 0.00 | 0.00 | 59.00 | 121.00 | 144.00 |
| Other Liabilities | 853.00 | 643.00 | 598.00 | 606.00 | 480.00 | 530.00 | 247.00 | 246.00 | 232.00 | 207.00 | 178.00 | 168.00 |
| Total Liabilities | 2,228.00 | 1,774.00 | 1,647.00 | 1,413.00 | 1,093.00 | 987.00 | 625.00 | 685.00 | 587.00 | 552.00 | 530.00 | 518.00 |
| Fixed Assets | 283.00 | 251.00 | 219.00 | 221.00 | 156.00 | 179.00 | 186.00 | 194.00 | 179.00 | 204.00 | 243.00 | 272.00 |
| CWIP | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 1.00 | 4.00 | 8.00 |
| Investments | 1,149.00 | 757.00 | 687.00 | 54.00 | 104.00 | 55.00 | 42.00 | 85.00 | 106.00 | 80.00 | 31.00 | 2.00 |
| Other Assets | 796.00 | 757.00 | 741.00 | 1,138.00 | 832.00 | 753.00 | 395.00 | 406.00 | 301.00 | 267.00 | 252.00 | 237.00 |
| Total Assets | 2,228.00 | 1,774.00 | 1,647.00 | 1,413.00 | 1,093.00 | 987.00 | 625.00 | 685.00 | 587.00 | 552.00 | 530.00 | 518.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 363.00 | 271.00 | 370.00 | -200.00 | 192.00 | 148.00 | -30.00 | 95.00 | 116.00 | 164.00 | 93.00 | 100.00 |
| Cash from Investing Activity | -370.00 | -68.00 | -214.00 | 191.00 | -62.00 | -152.00 | 39.00 | -42.00 | -30.00 | -84.00 | -62.00 | -18.00 |
| Cash from Financing Activity | -100.00 | -262.00 | -54.00 | -27.00 | -9.00 | -1.00 | -1.00 | -5.00 | -70.00 | -77.00 | -43.00 | -103.00 |
| Net Cash Flow | -107.00 | -60.00 | 101.00 | -36.00 | 120.00 | -6.00 | 8.00 | 48.00 | 16.00 | 3.00 | -12.00 | -21.00 |
| Free Cash Flow | 324.00 | 211.00 | 340.00 | -289.00 | 178.00 | 124.00 | -44.00 | 37.00 | 98.00 | 150.00 | 90.00 | 80.00 |
| CFO/OP % | 114.00 | 94.00 | 130.00 | -45.00 | 109.00 | 140.00 | -10.00 | 93.00 | 107.00 | 141.00 | 104.00 | 118.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39.00 | 37.00 | 30.00 | 45.00 | 45.00 | 68.00 | 50.00 | 42.00 | 39.00 | 38.00 | 40.00 | 41.00 |
| Inventory Days | 40.00 | 36.00 | 34.00 | 34.00 | 27.00 | 36.00 | 67.00 | 48.00 | 40.00 | 37.00 | 47.00 | 51.00 |
| Days Payable | 109.00 | 94.00 | 84.00 | 87.00 | 84.00 | 121.00 | 129.00 | 90.00 | 85.00 | 84.00 | 71.00 | 71.00 |
| Cash Conversion Cycle | -30.00 | -22.00 | -21.00 | -8.00 | -13.00 | -17.00 | -13.00 | 1.00 | -6.00 | -9.00 | 16.00 | 22.00 |
| Working Capital Days | 78.00 | -16.00 | -19.00 | 48.00 | -9.00 | -11.00 | -4.00 | 2.00 | -1.00 | -15.00 | -24.00 | -26.00 |
| ROCE % | 35.00 | 35.00 | 39.00 | 38.00 | 39.00 | 24.00 | 17.00 | 30.00 | 33.00 | 26.00 | 19.00 | 13.00 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 04 Jul 2025 | 04 Jul 2025 | 1:1 | — | |
| Dividend | 13 Jun 2025 | 13 Jun 2025 | — | 32.50 | |
| Dividend | 19 Sep 2024 | — | — | 9.92 | |
| Other | 05 Jun 2024 | 05 Jun 2024 | — | — | Buy Back of Shares |
| Other | 05 Jun 2024 | 05 Jun 2024 | — | — | Buy Back |
| Dividend | 18 Sep 2023 | — | — | 17.27 | |
| Dividend | 12 Sep 2022 | — | — | 8.15 | |
| Dividend | 18 Aug 2021 | — | — | 2.63 | |
| Split | 16 Apr 2021 | 19 Apr 2021 | 10:2 | — | |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 26 Mar 2020 | 27 Mar 2020 | — | — | Spin Off |
| Other | 26 Mar 2020 | 27 Mar 2020 | — | — | Demerger |
| Other | 19 Sep 2019 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2018 | — | — | 6.25 | |
| Dividend | 20 Feb 2018 | 21 Feb 2018 | — | 6.25 | |
| Dividend | 22 Aug 2017 | — | — | 6.25 | |
| Dividend | 09 Feb 2017 | 10 Feb 2017 | — | 6.25 | |
| Dividend | 30 Aug 2016 | — | — | 6.25 | |
| Dividend | 11 Feb 2016 | 13 Feb 2016 | — | 6.25 | |
| Dividend | 17 Aug 2015 | — | — | 5.00 | |
| Dividend | 13 Feb 2015 | 16 Feb 2015 | — | 5.00 | |
| Dividend | 22 Aug 2014 | — | — | 5.00 | |
| Dividend | 03 Feb 2014 | 04 Feb 2014 | — | 5.00 | |
| Dividend | 23 Aug 2013 | — | — | 5.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update30 Jul 2025 from crisil
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Rating update8 Apr 2025 from crisil
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Rating update31 May 2024 from crisil
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Rating update15 Apr 2024 from crisil
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Rating update16 Jan 2023 from crisil
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Rating update24 Nov 2021 from crisil