Sharda Motor Industries Limited share price

NSE: SHARDAMOTR · ISIN INE597I01028

Key numbers

Market cap
₹ 5,490 Cr
Current price
₹ 956.35
52-week high / low
₹ 1,190 / 700
Stock P/E
16.5
Book value
₹ 228.8
Dividend yield
2.09%
ROCE
37.4%
ROE
29.1%
Debt to equity
0.04
Sales growth (3 yrs)
8.0%
Profit growth (3 yrs)
18.4%
1-year return
-12.0%

About Sharda Motor Industries Limited

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; and 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. It also offers as catalytic convertors 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.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7567878829721,011
Operating profit98101106113103
Net profit10075818987
EPS (₹)17.4113.0114.1715.5815.07

Concall summary (2026-08-18)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • During the quarter, previously announced control arm and link programs continue to ramp up, while the order pipeline provides further visibility across FY27 and FY28.
  • The key contributors to FY27 growth include the full year benefits of previously announced lightweighting order s, ramp -up of additional lightweighting programs, the temperature-controlled tube adjacencies, SOPs of North American export orders and the supportive outlook for domestic OEM volumes.

Growth & demand

  • Overall, industry performance during the quarter reflected broad-based momentum with domestic automobile production increasing over 22% year -on-year to 93.6 lakh units, underscoring strong OEM activity and healthy demand visible across automobile value chain.
  • Passenger vehicle production grew by 16.8% year -on-year to 14.53 lakh units with the growth primarily led by utility vehicles, which increased 21.2% year -on-year, reflecting continued consumer preference for SUVs and feature-rich models.

Margins & costs

  • As previously, we have remained focused on disciplined execution, cost control, operating efficiency, prudent capital allocation, cash generation and maintaining balance sheet strength.
  • EBITDA for quarter 1 came in at INR 103.2 crores, reflecting year-on-year growth of 5% with EBITDA margins standing at 10.2% for the quarter.

Capex & expansion

  • The facil ity has been designed with modular capacity, allowing investment to remain linked to confirmed programs and future customer demand.
  • Over the last few years, we have consciously invested in organizational capabilities required to evaluate, execute and integrate acquisitions successfully.

Risks & challenges

  • As we move ahead, the operating Sharda Motor Industries Limited August 11, 2026 environment remains supportive, although we remain mindful of certain risks arising out of evolving geopolitical conditions.
  • As you all know, the global business environment continues to remain uncertain with geopolitical developments, evolving trade dynamics and macroeconomic volatility influencing markets across regions.

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